Hyundai Motor India Production touches 6 Lakh units in 2010

The largest passenger car exporter and second largest car manufacturer, Hyundai Motor India Ltd. (HMIL) today announced the great achievement of approaching the heights of 6 lakh units production. The company has registered a milestone on its journey as this is the highest figure recorded by the company since the day of its inception.

Addressing the proud occasion, Mr. H. W. Park who is the Managing Director & CEO of HMIL (Hyundai Motor India Ltd), commented that the day is a landmark for the company and the big achievement depicts the growing popularity of Hyundai Motors in the Indian market. He said that the company has reached this remarkable height with dedication towards the consumers which ultimately resulted in strong brand loyalty. He also commented that company will take all essential steps to maintain this growth in the next phase of growth and will fulfill their commitments towards its customers with loyalty and dedication.

Hyundai Motor India Ltd. (HMIL) has a unique impact in Indian Auto market as it is the only name which has introduced models in all segments starting from small car segment with its famous Hyundai Santro and luxury segment with all stylish Hyundai Santa Fe. The present Indian portfolio of Hyundai Motor includes seven successful models beautified with 47 trims. A total of 20 % market share is enjoyed by the company which assures its success in domestic market. 42 per cent of its production is exported by the company in over 120 different countries. Hyundai i10 is one of the most famous model from company's portfolio and constitute largest part of the exports.

The company was established in year 1996 and with that it launched Hyundai Santro first time in the year 1998 and since then the model is registering good progress in market and still makes the best option in market. The company is known to bring unique models with world class technology. Hyundai Motor India Ltd. Is known to set trends in world of cars then may it be a compact car or a luxurious sedan. The title of second largest car manufacturer was grabbed by the company in a short span of seventeen months and was able to come up with 150,000 cars in about 25 months.

Read More on : Hyundai Santa Fe