Hyundai i20 Sells 10 Lakh Units Worldwide

Image
Jaipur
Last Updated : Jul 21 2016 | 11:07 PM IST

Hyundai's premium hatchback, the i20 has clocked 1 million sales across the globe. The figure includes sales of the original i20, the Elite i20 and the i20 Active as well. Notably, the vehicle was first introduced in 2008 and is built in India for international markets.

The Elite i20 has dominated the B-segment landscape in India. The Indian Car Of The Year (ICOTY) for 2015, the Hyundai has caught the fancy of a large set of buyers thanks to the styling and features on offer. Commenting on the achievement, Y.K. Koo - MD & CEO, Hyundai Motor India Ltd (HMIL), said, “Reaching this historic mark is a testament to Hyundai i20’s staying power and the global appeal of a vehicle that delivers sporty design, functionality and class-leading performance."

Here's a quick glance at the figures Hyundai has clocked over the past eight years:

Only a small fraction of the original i20's production was earmarked for India, saving the most for exports. However, the demand from the domestic market exceeded the Korean automaker's expectation. Hyundai duly met the increased demand, and the rest is history! "We are extremely delighted that i20 models have achieved this milestone of 1 million global sales and met the aspirations of Indian and Global customers. Hyundai is Modern Premium brand that offers quality, innovation and value for money with awards winning cutting-edge technology, styling and performance. Hyundai is committed towards fulfilling the customers’ aspirations and will continue to evolve its products as per the ever changing market trends," Koo added.

The latest iteration of the hatchback was first introduced in 2014, and was given a mild facelift earlier this year. With prices starting at Rs 5.6 lakh (ex-showroom, Delhi), it takes on the likes of the Maruti Suzuki Baleno, Volkswagen Polo and the Ford Figo. 

Source : CarDekho

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 21 2016 | 6:17 PM IST

Next Story