Hyundai i20 production shifts from India (EU)

Hyundai plans to shift more than a third of its i20 production to Europe from India by the middle of 2010, according to the firm’s Indian managing director. H.S. Lheem said production of around 70,000 cars would move to Europe in order to get tax benefits. Hyundai currently has the capacity to make around 200,000 units per year in India. Lheem refused to confirm which plant in Europe the i20