Business Today

Hyundai to hike production of diesel i20, Verna

The supply of both the diesel variants will go up by almost 50 per cent from the existing 7,000 units per month to 10,500 units per month.

BT Online Bureau   New Delhi     Last Updated: April 16, 2012  | 17:25 IST

Hyundai Motor India has announced it will enhance the supply of its diesel variants of hatchback i20 and sedan Verna to ease the waiting period for the two models.

According to the company, the supply of both the diesel variants will go up by almost 50 per cent from the existing 7,000 units per month to 10,500 units per month.

"We expect the waiting period for the diesel Verna to drop from six months to two to three months and for the new iGen i20 to about a month," said Arvind Saxena, director, marketing and sales, Hyundai Motor India.

"The decision to increase supply of diesel cars follows the Union Budget which left the tax structure on passenger cars untouched," the company said in its statement on Monday.

Hyundai Motor said it has been able to enhance supply by ramping up diesel engine imports from south Korea.

In 2011 the company's domestic sales grew by 4.8 per cent at 373,709 units from 356,717 units in 2010.

With IANS inputs

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close