Hyundai reduce car model's production
Published On Dec 29, 2008 12:05 PM By Vidyadhar
- 1.1K Views
- Write a comment
Since the market demands have gone down to a tremendous amount the Hyundai motors have decided to cut down the production of its various model variants. Earlier they used to have the production of various model types in three shifts in a year. But since the demands has decreased they have decided to decrease the production. The decision was made when the expected sell output of 530,000 cars of the company did not came in the session year and it remaind to just 490,000 car units only. According to the managing director of Hyundai Motor India Limited (HMIL) HD Lheem, the reduction from three shifts to two shifts will result in 25 percent cut down in production.
Was this article helpful ?