Hyundai car sales in India cross the 50 lakh mark

Y K Koo, MD and CEO, Hyundai Motors India Limited (HMIL) announced the 5 millionth car roll out marking a momentous moment in the company history. It was the nextgen Hyundai Verna that allowed the company to achieve this target and the company thanked its esteemed customers and partners for allowing them to achieve this historic 5 millionth milestone.

HMIL first commenced production in 1988 with Hyundai Santro and since then has added several models to its company portfolio. It was the success of Hyundai Santro that cemented the company in the Indian car market but it has since been discontinued.

HMIL touched the 1 millionth car in India in April 2007 and later hit the 2 million mark in November 2010 after which in July 2013 it achieved the 3 million target. HMIL then took two years and four months to reach the 4 million milestone in November 2015 and has today announced the 5 million car with the rolling out of the NextGen Hyundai Verna.

HMIL is the largest exporter from India. It has 480 dealerships across the country and 1,260 service points. The company scores high in after sales satisfaction survey and its portfolio include SUVs, premium SUVs, sedans and luxury sedans with 9 models in sale to include the Eon, Grand i10, Xcent, Elite i20, i20 Active, Verna, Elantra, Creta and Tucson.

The next generation Hyundai Verna has claimed over 20,000 bookings in just 2 months of launch. It has contributed to 20% of the company total sales and competes head on with the Maruti Ciaz and Honda City. It is powered by 1.6 liter, 4 cylinder petrol and diesel engines. The petrol engine offers 121 bhp power at 6,400 rpm and 151 Nm torque at 4,850 rpm. The diesel engine on the other hand is capable of 126 bhp power at 4,000 rpm and 260 Nm torque at 1,500 rpm. Both engines get mated to a 6 speed manual or 6 speed automatic transmission.