Hyundai to increase Creta production to 12,500 units

The Creta has been a successful product for Hyundai. The compact SUV is reported to have garnered over 90,000 bookings within six months of its launch and has a waiting period of three months.

Hyundai is looking to reduce the waiting period to one month and in order to be able to do so, it has decided to increase the production of the car. At present Hyundai produces less than 10,000 units every month out of which, 7,000 are sold in the domestic market, while the balance 2,000-3,000 units are exported.

From June 2016, Hyundai is planning to ramp up production of the Creta to 12,500 units. Out of the total volume of cars produced, the company plans to sell 10,000 units in the domestic market and export 2,500 units.

The Creta was launched in India in July 2015. Originally, Hyundai had planned to manufacture about 6,000 units of the car every month from July to December 2015. However, the strong demand for the car has prompted the company to increase its production over the months.

Source: Autocar Professional