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[KH Explains] How should Korea adjust its trade defenses against Chinese EVs?
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Hyundai Motor Co. announced Thursday that its Indian operation’s sales and production figures came in at above 600,000 in 2010 for the first time since its first plant went online in 1998.
The company’s Indian unit, Hyundai Motor India, began producing vehicles in 1998 with an annual production capacity of 300,000 units.
The company’s Indian unit, Hyundai Motor India, began producing vehicles in 1998 with an annual production capacity of 300,000 units.
The company currently has two 300,000-unit plants in India.
According to the company its sales in India has recorded year-on-year increase for the 12th consecutive year added by the subcompact i10, which took the title of India’s bestselling model for the second consecutive year in 2010.
In addition, Hyundai Motor India was also the subcontinent’s largest exporter of automobiles, having shipped more than 247,000 vehicles to 120 nations.
(cheesuk@heraldcorp.com)
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