Hyundai Increases Production Capacity for Creta and i20
Highlights
It's been raining orders for the Hyundai Creta ever since its launch in India, and the Korean automaker has increased production of the compact SUV considering the demand in the country. Furthermore, the company has also decided to up the production of the Hyundai i20, the premium hatchback segment leader, in order to meet demand.
Bo Shin Seo, Managing Director and Chief Executive Officer, HMIL, told The Hindu BusinessLine that come December, the company will increase its production capacity for both, the Hyundai Creta and the i20, from around 7,000 units a month to 9,000-10,000 units.
Also Check: Hyundai Creta Photo Gallery
He also added that Hyundai is utilising its Chennai plant to its maximum limit right now - around 96 per cent of the total capacity of 7 lakh units a year - and that there are no immediate plans to build a new plant.
The carmaker currently sells around 7,000 units of the Hyundai Creta and about 10,000 units of the Hyundai i20 hatchback per month, but those figures may rise with the festive season currently underway in India.
Also Read: Hyundai Creta Gets Pricier
With quite a few customers having to wait for almost 6 months in order to get their hands on particular variants of the Hyundai Creta and the i20, here's hoping the eventual increase in production helps reduce the long waiting periods.
Hyundai Creta Price: Rs 8.59 lakh - Rs 13.60 lakh (ex-showroom, Delhi)
Hyundai i20 Price: Rs 5.36 lakh - Rs 8.30 lakh (ex-showroom, Delhi)
Last Updated on October 28, 2015
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