MUMBAI – Hyundai Motor India Ltd.’s 2004 export target of 70,000 vehicles is more than double last year’s quota. However, the export commitment is starving the company’s domestic market, with a backlog of 7,500 pending orders. The launch of two new models to the market – the Elantra sedan and Getz super compact – has been postponed until capacity expansion is completed in the year’s second half. Meanwhile, revenues are booming. Hyundai Elantra’s India debute delayed. Hyundai ...

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