Hyundai Motor
Hyundai To Cut Production
Submitted by Manish Sood on Sat, 12/27/2008 - 09:39Falling demand has forced South Korean car maker Hyundai Motor Company to cut its production in India from next week.
Speaking to media-persons after opening a new showroom here, Hyundai Motor India managing director H S Lheem said the first quarter sales in 2009 was likely to be weak and the demand is likely to pick up only during the second half.
He said the company would go for a two-shift production instead of three shifts.
