Published on Thu, Jun 12, 2008 at 15:13 | Source : Moneycontrol.com
Updated at Thu, Jun 12, 2008 at 16:36
Like this story, share it with millions of investors on M3
0
Like this story, share it with millions of investors on M3
Hyundai i10 goes global
Hyundai Motor India achieved yet another significant milestone in its decade old journey in India. Since the time the i10 made its European debut in Bologna, Italy in December, 2007 the total export orders have reached the remarkable figure of 106,749 units from as many as 98 countries.
Hyundai Motor India the country's second largest passenger car manufacturer and the largest exporter today achieved yet another significant milestone in its decade old journey in India. Since the time the i10 made its European debut in Bologna, Italy in December, 2007 the total export orders have reached the remarkable figure of 106,749 units from as many as 98 countries.
Hyundai i10 is creating ripples across the globe ever since its European launch with leading automotive magazines like Autocar UK voting it the best car in its segment in a group test. The 100,000 units of export orders have created a record as it has come in a record time of less than 7 months and from diverse countries spanning different continents making it one of the most popular cars to be launched recently.
Commenting on the achievement, Mr. H S Lheem, MD, HMIL said, " We are extremely delighted as we reach the fastest one lakh unit export mark for the i10. We always believed that the i10 is a world class car and can compete with all other global compact cars on even footing. The one lakh export orders in such a short time are a confirmation of our belief. Even in the domestic market the demand is very strong with sales of over 65,000 units and to meet the expectations of both the markets we are trying very hard to produce as many i10's as possible. The i10 undoubtedly is on its way to becoming a segment leader."
Following the stupendous response in the domestic market both by the consumers and the media which conferred upon the i10 all the 'Car of the Year 2008' awards making it the first car to win all the Car of the Year awards including the coveted 'Indian Car of the Year' (ICOTY) from a jury comprising of the most respected automotive journalist in India - the i10 is truly on its way to becoming a true global car.
