Hyundai Motor India exports over 5k units in May (Lead)

New Delhi, May 30 (IANS) Automobile major Hyundai Motor India on Saturday reported to have exported more than 5,000 units during May 2020.Accordingly, the company said that in-line with the government’s vision of ‘Self-reliant’ India and to support the objective of promoting economic revival, Hyundai re-started its plant on May 8 producing more than 5,000 units for export market.”We began our export operations in India in 1999… In line with our global strategy, we have now exported more than 3 Million vehicles to 88 countries which reaffirm our commitment to the country,” S.S. Kim, MD and CEO, Hyundai Motor India was quoted as saying in a statement.”We have once again made a humble beginning towards normalcy by exporting more than 5 000 units in May 2020. This is a testimony of Hyundai’s resilient efforts towards localization and to accentuate economic recovery.”At present, the company is exporting 10 models namely – “ATOS (SANTRO), GRAND i10, XCENT, GRAND i10 (NIOS) & GRAND i10 (AURA), ELITE i20, i20 ACTIVE, ACCENT (VERNA), VENUE and All New CRETA”.Globally, Hyundai Exports ‘Made-In-India’ cars to 88 Countries in 4 continents.In CY 2019, Hyundai Motor India exported 181,200 units with 792 customised variants according to country specific preference and demand. “With a market share of 26 per cent in CY 2019 to the total exports of passenger cars from India has made Hyundai a significant contributor to the Indian automobile industry,” the statement said.–IANSrv/sn/rs/

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