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Hyundai to increase i20 and Creta production starting December

October 26, 2015, 11:40 AM IST by CarWale Team
Hyundai to increase i20 and Creta production starting December

In an interview with Hindu, Hyundai India CEO, Bo Shin Seo, confirmed that the company is planning to increase the production of the Creta and i20. Around 9,000 to 10,000 examples of both the crossover and the hatchback will be made in India starting December, a hike of around 2,000 units over the existing capacity.

The past couple of months have been extremely rewarding for Hyundai. The company registered record sales of 42,505 units in September, and this month is expected to be bigger with the start of festive season in North India. The company is running close its capacity of 7,00,000 units per annum, at the twin facilities in Chennai. Hyundai is however not looking at expanding the facility, but might cut down on exports to fulfill the needs of the domestic market. 

While Creta production might go soon, Hyundai might hold back on the Elite i20 as the hatchback sales may be affected by the launch of the Maruti Suzuki Baleno today. However, the waiting period on both the models should reduce to a large extent with the increase in capacity. 

Tags:Hyundai,Renault,Maruti Suzuki,Jazz,Honda Jazz,renault duster,Duster,S-Cross,Elite i20,Hyundai Elite i20,Creta,Hyundai Creta,Maruti Suzuki S-Cross
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