Hyundai

Hyundai, India’s largest exporter among passenger cars and is the second largest car maker next to Maruti, is on the verge of going into export market in a high spirit. It is migrating the partial production of i20 to Turkey soon. This follows the near exhaust of its 6 lakh units from the Chennai plant. But the real factor is the labor problem persisting in the company since two years. The shifting of production unit to Turkey will further the delay in delivery of its products by 2-3 weeks.

The company is contemplating to shift the production units to Australia and New Zealand, which may end up with a drain the domestic production. The practice in the car manufacture is 50:50 domestic and export, but Hyundai is focusing on the domestic feed. A new car, below the Santro range on 800cc, is expected to hit the roads by 2012.

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