Hyundai set to export Venue to Latin America, Africa


PTI | New Delhi | Updated: 30-11-2019 13:52 IST | Created: 30-11-2019 13:47 IST
Hyundai set to export Venue to Latin America, Africa
Image Credit: The company would focus on market research and product innovation here and work in areas like artificial intelligence, technology and energy-efficiency, Hyundai Electronics said. (Flickr)
  • Country:
  • India

Hyundai Motor India on Saturday said it is gearing up to export its compact SUV Venue to various markets including Africa and Latin America. The left-hand drive (LHD) version of Venue is under development and is planned to be exported to the Gulf, Africa, and Latin America, Hyundai Motor India Ltd (HMIL) said in a statement.

The company, which expects bookings for the model to cross 1 lakh mark in the current year, is all set to ship out Venue to the South African market. "A major shipment of 1,400 units will be exported to South Africa from Chennai Port in December," Hyundai Motor said.

The company is already exporting the SUV to Nepal, Bhutan, Mauritius, and Seychelles, it added. "Venue has become customers’ first choice in India and global markets. Launched in May 2019, the model has penned a new success story, registering over 90,000 bookings in the country," HMIL MD and CEO S S Kim said.

The company will continue the momentum next year as well with new product launches, he added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback