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Last Updated : Feb 23, 2017 10:17 PM IST | Source: CNBC-TV18

Hyundai will stick to 2 launches per year for next 3 yrs: Srcs

CNBC-TV18 learns that Hyundai India will stick to its target of 2 launches per year for next 3 years.


New launches and new segments, that's the crux of Korean car maker Hyundai's India strategy over the next few years.


CNBC-TV18 learns that Hyundai India will stick to its target of 2 launches per year for the next 3 years. So, this year we will see one new compact car and one new SUV  hitting Indian roads. The new launches on the anvil for 2018 and 2019 will see Hyundai break into 3 new segments.


One of these will be the sub-4-metre category. The company also plans to launch an entry level car with a family oriented design.

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However, the company says it has no plans to enter the multipurpose vehicle segment just yet. All these vehicles are slated to roll out of Hyundai's Chennai plant, which has an existing capacity of 7 lakh cars per year.



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First Published on Feb 23, 2017 09:46 pm
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