Hyundai readies to launch i20 Diesel Model, Problems at Plant Deepen

author image Satish Kalepu
Thursday 07 May 2009, 00:00 AM

Hyundai Motors India Limited is amidst troubles at its plant near Chennai. The police arrested the CITU senior leader A Soundararajan spearheading the strike. A part of permanent employees at the plant went on strike 15 days back asking for a number of labour issues to be addressed by the company. Nearly 800 workers have also been arrested for holding a hunger strike in front of Labour Commissioner’s office. Although the arrested employees have been released, they refuse to leave the premises unless a solution is reached between Hyundai employees and the labour commission.

Meanwhile the company is set to launch diesel variant of its newly launched model Hyundai i20. The new diesel variant will be in the market before the end of 2009, said the company official. “Hyundai plans to introduce at least two new products in the Indian market annually for the next couple of years. The i20 diesel variant would be the next in line with launch scheduled for later in 2009,” said Hyundai Motor Senior Vice-President (Asia & Pacific Division) Young-Kil Chun said. “We currently have a 20.4 per cent market share. For the year ending 2009 we will look at growing our market share further by three per cent,” he added further.

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