Hyundai's New Strategic Mission To Increase Its Market Share

Written by: Vishnu

The second largest automobile manufacturer in India, Hyundai is on a new strategic mission to increase its market share. Hyundai India is planning to bring two new products to the market every year.

The company recently launched its D1 segment sedan, the 6th-generation Hyundai Elantra. Currently, there is a tough competition in the automobile sector, Hyundai is planning to introduce more vehicles in the Indian market to remain competitive.

Hyundai is also planning to launch the all-new Hyundai Tucson SUV, which is expected to launch sometime around in the festive season. The company expects an increase in sales during the festive season.

Hyundai owns 33.88 percent of Kia Motors share, according to the reports Kia Motors might make its Indian debut by the year 2019.

India seems to be the steady growing market for the Hyundai, which is bound to remain strong in the coming future.

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Read more on: #hyundai #auto news
Story first published: Thursday, August 25, 2016, 12:00 [IST]
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