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Hyundai to launch 8 new products in India by 2020 : News, News

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Posted on: July 11, 2017

Hyundai Motor has prepared to broaden its line of product up in domestic market with the launch of eight brand-new items by 2020, a leading authorities stated today.

“During the National Dealership Conference in Seoul, South Korea, we had actually revealed new items for the Indian market for the next four years from 2017-2020 for a strong market management with sustainable growth,” Hyundai Motor India, Handling Director and CEO, Y K Koo told press reporters here.

“We will broaden and strengthen our line of product with eight new launches equipped with brand-new innovations out of which, three will be brand-new sector items and five will be complete design change, apart from routine product improvements and facelifts,” he said.Besides introduction of brand-new models, Koo said, the company would present brand-new innovations in domestic market such as “mild” and “full” hybrid, “automated manual transmission” and “turbo fuel engine.”

Mentioning that India ranks 3rd in sales, globally for Hyundai after China and United States, he said, “We have an extremely strong dedication towards Indian consumers.”

“Appropriately, in Auto Exposition in February 2018 we will showcase our strong hybrid IONIQ and in 2nd half of 2018, of the three new section products we wish to introduce a new family oriented concept and design led item, followed by a sub-4 metre SUV in very first half of 2019.”

Referring to the company using up digital project following the launch of upgraded hatchback “Grand i10,” the CEO said, it was for the first time the company attempted an “innovative” approach for a national launch.”I enjoy to share that all of it was well received by our consumers. We got four lakh plus likes on (social networking website) Facebook in just 24 hours and as we speak, we have actually crossed 71,000 enquiries and bookings are nearly 8,500″, he said.On the Corporate Social Obligation initiative, he said, the business has adopted 33 government-run ITIs and five polytechnics.”Near our factory (in Sriperumbudur) we have actually completed three Dream Village tasks with the last one being inaugurated on February 3, 2017.

This year, we have enthusiastic strategies to adopt 60 towns in the Sriperumbudur block,” he said.

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