Hyundai Motor India rolls out fastest 1,500,000th car

11 September, 2007

Hyundai Motor India Ltd rolled out the fastest 1,500,000th car in September 2007.

The celebration event comes nine years since Hyundai started production in India. According to the company, Hyundai Motor India would continue to
bring the best and the latest in automotive technology and design backed by the best of warranty, competitive pricing, and a huge sales and service support network to its customers in the country.

In the past nine years of operations in the country, Hyundai rolled out its first vehicle in September 1998. In April 2000, Hyundai unveiled its 100,000th car. By December 2003, Hyundai rolled out its 500,000th car, becoming the first company in the Indian automotive industry to touch the 500,000-unit mark in record time.

Further, in March 2006, it lifted the wraps off its 1,000,000th car. Now, with the rolling out of the 1,500,000th car, Hyundai has achieved this feat faster
and in the shortest time in the Indian automotive industry.

The new record has spurred Hyundai Motor India to expand its dealership network from 167 dealers in the beginning of 2007 to around 250 operational dealers spread across the country by the end of 2007.

This apart, it also plans to set up multiple dealerships with some of the existing dealers opening their second or third showrooms in different metros.

Hyundai Motor India will also set up its second plant, which will produce an additional 3,00,000 units per annum, raising its total production capacity to
600,000 units per annum by end of 2007. The company will also pump in huge amounts to expand capacity in line with its positioning as Hyundai Motor’s global export hub for compact cars.