Hyundai to shift Verna production from Korea to India
From January 2018, Hyundai will transfer Verna's global production from Korea to the Indian factory in Chennai.
The Korean carmaker aims to assemble about 130,000 units per year of the medium size sedan, 50,000 for the local market and 80,000 for export with major destinations in South America, Africa, the Middle East and other Asian countries.
The new generation of Verna has just been launched and Indian orders have already exceeded 7,000 units.
As direct rival of Honda City, Maruti Suzuki Ciaz, Skoda Rapid and Fiat Linea, Verna will still continue to be produced in China and Russia with specifications for those markets.