The 3-row Veracruz has suffered from weak sales over the past five years since its launch in the U.S. market. The auto maker blames scant supplies from Korea rather than consumer indifference.
The India plants are a part of the U.S. auto maker’s goal of increasing worldwide sales nearly 50%, to 8 million units, in the next three to four years.
Shifts in auto makers’ shares and the segment mix last month accompanied a record fuel-economy rating for light vehicles sold in the U.S., as measured by the WardsAuto Fuel-Economy Index.