Industry dynamics

Party Time! 4 million Beijing-Hyundai cars made in China

Publishtime:1970-01-01 08:00:00 Views:11

Party time at the Beijing-Hyundai factory in Beijing. The company announced they had made four million vehicles from 10 October 2002 to 26 November 2012. That is some 400.000 cars per year on average. The 4 millionth car was a brand-new Sante Fe SUV, the Santa Fe will be launched on the Chinese auto market on December 23. Beijing-Hyundai’s most successful car is the Elantra, with the current generation, last generation, and last-last generation still simultaneously in production today, and all still selling strong.

Party Time! 4 million Beijing-Hyundai cars made in China

Earlier on we heard the Santa Fe would be imported first until local production started. Apparently production started sooner than expected so there will be no imported Santa Fe at all. There will be two engines: a 2.4 four-cylinder with 190hp and a 2.0 turbo with 260hp. The Santa Fe will be positioned above the Hyundai ix35 which means price for the locally-made Santa Fe will start around 200.000 yuan.

Via: Sohu.