Hyundai produced the 5 millionth car for the Indian market yesterday. The car was a Verna sedan, and it rolled out from Hyundai’s only factory in India – at Sriperumbudur, near Chennai. Hyundai has operated out of India from 1998. The company’s first car was the Santro, and it has taken the automaker nearly 19 years to achieve this landmark of producing 5 million cars for the domestic market. The first million took the company 9 years to achieve in 2007, while the 2nd, 3rd and 4th million production landmarks came up much faster, in 2010, 2013 and 2015 respectively.
Hyundai India CEO Mr. YK Koo made the following statement to celebrate this occasion,
Hyundai has a remarkable journey in India by becoming the most loved and trusted brand by customers, partners and experts. Today we are very happy to roll out the 5 millionth car with the next-gen Verna in the Indian market, the fastest in the Industry symbolizing Hyundai’s long-term commitment to the Indian market. Hyundai’s Modern Premium Brand direction is a commitment to offer world-class and benchmark products meeting customers’ aspirations. We will continue this momentum with strong efforts towards customer delight through unique experiences to customers. We thank our valuable customers and partners for their support and trust in Hyundai.
Hyundai sells a wide range of cars and SUVs in India. The product range of the company starts from the Eon, which is priced below Rs. 3 lakhs, and goes all the way up to the Tucson SUV, which is priced at nearly 25 lakhs. In between these price points, the company sells the Grand i10 hatchback, Xcent compact sedan, i20 Elite premium hatchback, the Verna C-segment sedan, the Creta compact SUV and the Elantra luxury sedan.
Next year, Hyundai will launch a new hatchback slotted in between the Eon and Grand i10. The new hatchback – which could be called the Santro – will take on the Maruti Celerio and the Tata Tiago. Hyundai is also developing a sub-4 meter compact SUV for the Indian market. The SUV will be launched in 2019. Both these vehicles are expected to be showcased at the Auto Expo, as concepts.