Hyundai will launch 2-3 models every year till 2020

Hyundai will launch 2-3 models every year till 2020


Riding high on the success of the Creta SUV, Hyundai has revealed that the South Korean manufacturer will continue to launch 2-3 models every year till 2020.
As a part of their long term strategy, Hyundai has confirmed all-new Verna & Elantra sedans to be introduced in the next 2 years along with introduction of models in new segments such as MPV & compact-SUV in the immediate future.
Also, Hyundai will introduce the halo model Genesis in India by 2016 and will also set up premium dealerships for this.
With this, Hyundai is aiming to increase their market share in India every year by 1%. Currently, the brand has 16% marker share in the overall passenger vehicle segment.
HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently has ten car models across segments – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, CRETA, Elantra and Santa Fe.

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