Tuesday, March 2, 2021
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Featured

HMIL hopes to sell about 6,50,000 units in 2013

by indiandrives
in Featured, Latest News
0 0
0
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

Hyundai Motor India Ltd., India’s second largest automaker is moving high in the Indian market. And with the aspirations riding high, the carmaker has aimed to sale about 6,50,000 units in 2013. Hyundai is also planning to reveal its engine plant that will be capable of manufacturing both diesel and petrol engine with an investment of about $300 million by the end of this year.

According to Director of Finance and corporate affairs, Mr. R. Sethuraman, last year Hyundai India has signed a deal with the government of Tamil Nadu to invest Rs. 4,000 crore. He said that the amount will be mainly be concentrated around the engine plant and will be spent over a time span of seven years.

Speaking on the same MD, Bo Shim Seo said that the 650,000 units of sale target will also comprise of about 410,000 units from the domestic market. He also said that with the development of the flexible engine facility with the capacity of 300,000 units, Hyundai will be able to manufacture diesel cars with the same pace.

HMIL hopes to sell about 6,50,000 units in 2013
He further stated that by accommodating the domestic car market new NCR, company is not feeling to start a new plant in north west part of the country. Hyundai can handle the increased capacity of about 700,000 units in its Tamil Nadu plant itself. It is also being heard that company is focusing primarily on the domestic market and the other plants will be responsible for handling exports.

Tags: 000 Units In 201350HMIL Aspires to Sell 6Hyundai Motor in IndiaHyundai Motor India Ltd
Previous Post

Bentley reveals its 2014 Mulsanne

Next Post

Lamborghini Aventador LP 700-4 Roadster launched in India

Next Post

Lamborghini Aventador LP 700-4 Roadster launched in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

Recent Posts

  • BMW X3 xDrive30i SportX Variant Launched In India: Prices Start At Rs 56.50 Lakh
  • Latest News From Indian Automobile Industry:Tata Safari, Mahindra Scorpio, Strom R3, Hyundai Alcazar
  • Honda CB350 RS Launched In India At Rs 1.96 Lakh: Bookings For The Motorcycle Commences
  • Hyundai Alcazar Name Confirmed For Upcoming 7-Seater SUV: Global Debut Soon
  • Strom R3 Electric Car Bookings Open – Fully Electric 2-Door 2-Seater With Sunroof

Categories

Indiandrives.com

© 2020 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • KTM
  • Volkswagen
  • Isuzu
  • Volvo
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2020 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In