Hyundai to consider alternate site for i20 production
Hyundai Motors is considering alternative production site for i20 premium compact to a European country. The company said that labour unrest at Sriperumbudur factory was forcing the company to take the decision. On the other hand, sources said that infrastructure problems, currency fluctuations and low export incentives might be the other reasons to shift the production of i20 as timely delivery schedules is a crucial factor in export markets. Labour union claimed that production at the company's two plants had been affected badly on account of the strike, while the company declared a marginal impact.
Ritesh
Published On May 07, 2009 14:49 IST
Published OnMay 07, 2009 14:49 IST
Last Updated OnMay 07, 2009 14:49 IST
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Arvind Saxena, V-P at Hyundai Motor India informed that the production is marginally affected, and the company had enough stocks to meet any shortfall. He added that if the situation did not improve, it would be necessary to shift the production.
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<p>Having worked as an Auto Journalist for the past 5 years, Ritesh is keenly passionate about digging more on automobiles and things related. His journey as a journalist so far consists of different profiles that helped him groom on various platforms within the automobiles industry. He kept rolling on technical experience during his career as a Road Test Editor, which finally took him to a level where he turned to be an Editor-in-Chief of CarDekho.com, India's no. #1 automotive giant. </p>
<p>Another side of his creative life is easily visible the photography that he carries out in order to serve the CarDekho news readers with the latest and natural pictures of newly launched cars. Additionally, he is the one who foresees all auto news articles that are to be published making it sure that CarDekho readers get the latest and the best automotive news first. "Life is a highway, keep driving", Says Ritesh.</p>Read more
