Hyundai Montgomery plant to produce more Sonatas

New Hyundai Sonata sales are heating up!!

New Hyundai Sonata sedan, which went on sale in February this year, is so popular that Hyundai is having problems keeping up to build enough vehicles to satisfy the demand. The automaker has recently announced it will move production of Santa Fe SUV from its Montgomery manufacturing plant to West Point Georgia, where Kia Motors produces Sorento crossover.

Hyundai Sonata sales have increased more than 50 percent to over 18.000 units for the second month in a row and Hyundai workers at the plant have been working extended hours to produce enough Sonata sedans.



With the demand so high, it is very likely that the plant will need to remain on extended hours for the next few months.

According to top Hyundai official, the automaker expected the redesigned Sonata to sell well, but intial demand has them all. Sonata is setting record-high sales and Hyundai could sell even more cars if they could increase the supply. Unfortunatelly, Sonata's production is limited to around 200.000 vehicles per year.

"Demand is clearly above what we can supply at the Montgomery plant," Hyundai Motor America CEO John Krafcik said recently.

Hyundai mulls new engine plant

Hyundai reports it has concluded a feasibility study on a new diesel engine plant in India about three months ago. According to the study, it would costHyundai around 550 million dollars to set up the plant with an annual capacity of 300.000 diesel engines.

According to Hyundai, the momentum towards a diesel engine plant in India is increasing now, as the automaker is planning to unveil a diesel powered i10 hatchback to counter emerging competition.

The i10 crdi would compete against just recently launched Ford Figo, which has achieved some good sales since launched a few weeks ago. The Figo is also available with diesel engine, so Hyundai has to respond in order not to loose customers looking for small fuel efficient cars with diesel engines.

Currently Hyundai builds gasoline powered i10 models in India, while those powered by 1.1L crdi diesel engine are imported from South Korea. Last year, Hyundai produced 270.000 units of i10 hatchback, both petrol and diesel put together. Out of those number, 149.000 units were sold in India. All i10' were equiped with petrol engines, while diesel variants were exported mainly to Europe.

Read more Hyundai news hee.

Related Posts Plugin for WordPress, Blogger...