Hyundai will ramp up the production of the Elite i20

Hyundai Motor India has announced that they will increase the production of the Elite i20 looking at the good demand of the car in India. More than one lakh units have been booked ever since it was launched in India in August 2014.

India was the first market for the updated car and Hyundai has tasted quite a bit of success with its launch here. The new Elite i20 is the second generation version of the i20 hatchback and is already enjoying a good demand in our country. After the Grand i10 and the Xcent, this hatchback is the third product from Hyundai to achieve such a milestone. According to the manufacturer, the car has set a new benchmark in the premium hatchback segment by receiving high bookings.

Rakesh Srivastava, senior Vice President, marketing and sales, Hyundai Motor India, said, "The plant is producing (the i20) at full capacity. It will be ramped up by a few more thousand. As of March 16, Hyundai received 4,68,184 enquiries and 1,03,960 bookings for the i20. The car has a waiting period of two-and-a-half months."

Earlier, it was the Grand i10, which had received 10,000 bookings in 20 days. This was followed by the Xcent that had registered 11,000 bookings in 30 days. Now, the Elite i20 is achieving such landmarks for the company. Hyundai plans to improve the domestic volumes by selling more thanfour  million vehicles this year. The manufacturer also recently launched the i20 Active, a crossover based on the i20 hatchback. The automaker also aims at increasing their market share with the help of such new products for the Indian market.

Source: AutoCar Professional