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The Hyundai
Motor India has reportedly decided to shift the production of one of its
premium models 'i20' to Europe.
"Hyundai Motor is considering moving production of the i20 to Europe
because about 90 per cent of them are being shipped there," company
sources said.
The plan follows a strike by a section of permanent workers at Hyundai
Motor India in Chennai, the Financial Times reported. However, company
sources refused to comment on this.
Employees of Hyundai's factory in Chennai were on a hunger strike. The
workers were demanding recognition of the employee union, formed in 2007.
They also demanding charter includes, re-instatement of dismissed employees,
hiking basic wages and reducing the performance-linked pay component in
employee salaries.
"Because of these problems, we cannot keep up with targets and hence
some production will shift to one of our facilities in Europe," Rajiv
Mitra of Hyundai Motor India was quoted as telling the daily.
This Hyundai vehicle is built on an all-new platform and is designed taking
into consideration the European tastes in both style and ride.
The fresh premium, five-door, hatchback model got its design from the
Hyundai's European Car Design Centre in Russelsheim, Germany. |