Hyundai Motor India the country’s largest passenger car exporter and second largest car manufacturer today achieved yet another milestone in its remarkable decade old journey in India. The all-new i20 which was revealed at the recently held Paris Motor Show in October, 2008 rolled out today from HMIL’s Sriperumbedur plant for the first batch of export shipment to the European market.
While ‘Made in India’ Hyundai cars ply in all five continents, Europe has been a popular destination accounting for almost 50 per cent of the company’s total exports. The first consignment of 2,820 units will be shipped to the following countries in Europe: United Kingdom, Germany, Greece, Austria, Croatia, Spain, Belgium, Holland and Hungary.
HMIL reached the first milestone of exporting 100,000 cars in four years and ten months in October 2004. In October 2005 it exported its 200,000th car followed by its 300,000th car and 400,000th car in October 2006 and August 2007 respectively. In March, 2008 Hyundai achieved another significant milestone with its cumulative exports crossing the half-million mark and will attain the 700,000th mark in December 2008.
In the year 2009, Hyundai has set an ambitious export target of 110 countries; thereby increasing its reach to Asia Pacific (Australia, Singapore, New Zealand), Latin America (Martinique), Africa, Middle East (Saudi Arabia, Israel, Palestine) and Europe (Armenia, Georgia, Kazakhstan) while consolidating its foothold in the current markets.
Commenting on the company`s export performance, H S Lheem, MD, HMIL said: “The all-new Hyundai i20 is set to become a best-seller in the Hyundai’s European range. We are proud of the fact that within a month of its world debut, it has received such a phenomenal response. In line with Hyundai India’s positioning as the global export hub for compact cars, we recently started the third shift of operations to meet the anticipated demand. Today, Hyundai cars symbolise global trends and aspirations of our buyers and stand among the very best. “
0 comments
Post a Comment