01 December 2010

Hyundai Motor

Hyundai Motor crosses 20-lakh sales milestone:
Hyundai Motor India (HMIL) announced on Tuesday that it has achieved a milestone with sales of 20 lakh cars in 12 years – the fastest yet in the domestic market. The Korean automaker, one of the largest carmakers and the biggest car exporter in India, has thus become the second manufacturer in India to have achieved this status after market leader Maruti Suzuki. With exports included, HMIL had already sold 25 lakh units by December, 2009. The company had started domestic operations in September 1998, with the rollout of the small car Santro from its Chennai plant. Currently,, it also makes other cars such as the Accent, Verna, i10, i20 and the Sonata.

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