|
|
|
|
| 
Subscribe to
Posts [Atom] |
| |
|
| |
|
|
|
Wednesday, 2 December 2009
Hyundai though is flying its flag high in the automotive world after the recession; it had to take a bow when it came to the ever competitive Japanese auto market. There is a surging demand for Hyundai vehicles elsewhere in the world, but the red-faced Hyundai Motors had to pull out from the Japanese scene citing poor brand recognition and high import duties on its cars that made it very expensive in the highly competitive Japanese auto Market. Hyundai which has in total 46 dealers in Japan has finally decided to say sayonara to the Japanese market. Hyundai just sold 800 units in 2009 and overall just 15,095 units since its entry to the Japanese market in 2001. Japan, a country where patriotism runs very high, people have given thumbs down for any foreign operators operating in the country and have welcomed the local brands with open hands where there is a huge fan following for these brands. A visibly frustrated spokesman of Hyundai, Oles Gadacz, is of the opinion that there is no scope for them in the brand conscious Japan unless they were Gucci or BMW. Hyundai, which is South Korea’s Numero Uno automaker and arguably the only company in the world to have shown an increase in sales from 2008 levels, has finally called it quits and intends to focus on its commercial vehicle sales in Japan and other emerging markets like India and China. Japan is one of the toughest markets in the world where brand value matters and not to mention intense competition from local manufacturers from the likes of Toyota, Honda, Nissan, Mitsubishi, Mazda, Subaru, Suzuki, Daihatsu etc and not to mention the imports. That is one heavy competition out there. However, Hyundai’s sales have taken a massive leap in India though. Labels: Daihatsu, Honda, Hyundai-Motors, Mazda, Mitsubishi, Nissan, Subaru, Suzuki, Toyota
Monday, 27 July 2009
 Kindled by the success of the petrol-driven Hyundai i10 here in India, the Korean car major, Hyundai, has scheduled a diesel version of the Hyundai i10 by next year. The new diesel version of the i10 is likely to come with a 1.1 L CRDi engine. This diesel engine will be more fuel efficient and will offer improved drivability due to its higher torque output compared to the petrol. The diesel version of the compact car is expected to be expensive compared to the petrol-powered i10. Though the car’s transmission will be built in its Chennai plant, Hyundai Motor India will be importing the engines from its parent company in South Korea. At present, the Indian arm of the Korean automaker has a petrol engine plant at Sriperumbudur near Chennai which makes Kappa and Gamma engine. Hyundai is the second largest car manufacturer in India. Hyundai holds a market share around 20 per cent in the passenger cars segment. The Korean car company is counting to scale it up to over 25 per cent by 2012. In order to strengthen its hold further in the car market, Hyundai Motor Company has plans to launch new cars in India. The i10 diesel is going to be the smallest diesel car in India. Hyundai has recently introduced the diesel variant of the i20 in India. It is also planning to roll out the entire i-series cars in Indian car bazaar. Labels: Hyundai-i20-Diesel, Hyundai-Motors, New-Car-Launch-In-India
Thursday, 9 July 2009
Hyundai, the Korean car giant has been on the headlines of late. Hyundai Motors has hit the jackpot again by unveiling its first hybrid car in its domestic market of South Korea. Christened as the Elantra LPI, this hybrid will use liquefied petroleum gas (LPG) and a set of lithium-ion polymer batteries. The Elantra LPI will run 17.8 Km/L of LPG and will emit an amazing 99 grams of carbon dioxide per kilometer. Hyundai announced that the set of lithium-ion polymer batteries weigh 35% less than current nickel-metal hydride cells used in the Toyota’s Prius, and the Honda’s Insight. Moreover, these batteries are 40% smaller and are likely to last 1.5 times longer than nickel-metal hydride batteries. These batteries generate less heat and are more resilient to shock than other types of lithium-ion batteries. The batteries don't have to conform to a set shape as the polymer resembles a gel. This is Hyundai’s solution to the bulkiness of batteries on hybrids, which has been a concern for years. Hyundai joining the hybrid party with the Elantra LPI, is a stepping stone for world’s fifth carmaker. The launching of Hyundai’s hybrid coincides with new hybrids from Honda and Toyota. The first hybrid electric model, largely based on the existing Elantra, makes Hyundai the first carmaker on the planet to offer lithium-ion polymer batteries commercially. Hyundai has received strong interest for the new hybrid car from Australia, India, Italy and France, which have liquefied-petroleum-gas infrastructures. Labels: Hybrid-Cars, Hyundai-Motors, Liquefied-Petroleum-Gas
Friday, 29 May 2009
Luxury Nano climbs high when it comes to people’s aspirations and demands. Out of the total 203,000 Nano bookings received about 80% was for the high end model. The base model of the Nano has received only 20% of the bookings. Even this demand is expected to dry up in future. The high demand of the luxury Tata Nano is because of the extra features packed in the car. Features like air-conditioner, electronic trip meter, tinted glasses for windows, power front windows, and high end console with provision for mobile charger and cigarette lighter make every journey with the Nano comfortable and pleasurable. With so many added features in the luxury variant buyers tend to lighten their pocket further to buy the top-end variant. Getting high levels of comfort and driving experience is worth the extra amount invested on the luxury Nano. The top-end variant of the Tata Nano is priced somewhere close to Rs 2 Lakh. And this price tag for the luxury Nano avoids the price war with its closest rivals Maruti 800. Labels: Hyundai-Motors, Luxury-Nano, Maruti-Suzuki, Tata-Nano
Monday, 25 May 2009
European government offers scrapping incentives for new, fuel-efficient cars. This new incentive system has lifted the spirits of India’s biggest car manufacturers Maruti Suzuki and Hyundai Motors. Many European countries are offering these incentives to car owners who give away their age old cars. These cars are scrapped and transformed into completely new and fuel-efficient cars to meet higher emission norms. The scheme has received an encouraging response in many of the countries including France, Germany, and Austria. And now the Indian players Maruti and Hyundai are also seeking to ride on European benefits. Both the car manufacturers export a huge number of their cars to various European countries. These cars are acclaimed for their impressive fuel efficiency and this has infused a new hope for the manufacturers. Now, because of these incentives both Maruti and Hyundai are eyeing increased orders from their European distributors. Hyundai exports the i10 and i20 in huge numbers whereas Maruti exports its global car A-star. Till now, the manufacturers have experienced good sales and are further expecting more orders as the scrapping system gains momentum. Labels: Fuel-Efficient-Cars, Hyundai-Motors, Maruti-Suzuki, Scrapping Incentives
Friday, 16 January 2009
The severely affected car industry from the cruel recession is now trying to revive with an aid of new car launches. Beginning for the year 2009 is tasting the flavour of new car models like the Mahindra Xylo the Fiat Linea. The all-new Sonata Transform is also unveiled by Hyundai to keep its sales volume stable which saw a good growth in the fiscal year 2008 compared to other car manufacturers. The new Sonata Transform is incredibly a complete transformation of the old Sonata. Sculptured with distinctive style and designed, this car is an epitome of style, power packed performance and elegance. Redefining the concept of luxury sedans in the country, Hyundai has successfully integrated significant characteristics of a premium sedan beneath the flowing profile of the new Sonata. The car exterior is complimented with elegant enhancements like slimmer body side moldings, chrome radiator grille, fog lamps, wider front bumper and air dam, larger headlamp clusters, and the newly designed 5 spoke 16 inch alloy wheels. When steeping into the new Sonata, you will find a world of car innovations. Ranging from high-end safety features to luxurious and convenient car features, Sonata has all under one roof. Some of the most striking features in the sophisticated ambience are the smart key that incorporates keyless ignition and remote door opening, steering remote control for audio, dual tone finish, subtle touches of chrome, car audio player with USB and auxiliary port, and fine quality leather wrapped on steering wheel and gear knob. Hyundai is known to have a constant quest for advancements in terms of engine technologies. And this time also the company has not compromised in engine efficiency and safety. This is clearly reflected by the use of advanced 2.4L Theta II petrol engine and the 2.0L CRDi engine. Both these engines surpass its predecessor in terms of efficiency, performance, and perfection. Talking about safety, Hyundai assures you a safe and comfortable ride with the Sonata Transform comprising a host of car safety features like anti-lock brakes with EBD, airbags, car seat-belt with pre-tensioner, crumple zone, and side impact beams. Perfectly priced within the range Rs 14 Lakh to Rs 16 Lakh, the car is available in three variants with colour options of crystal while, black diamond, ice blue, silky beige, and space silver. With high degree of dynamism, technical precision and sterling performance, the all new Sonata Transform is sure to set a new standard in the D segment. Labels: Hyundai-Motors, New-Car-Launch, Sonata
Wednesday, 12 November 2008
In the era of crude oil depletion almost all the car manufacturers are racing to build the lightest and the most fuel efficient cars. Hyundai Motors is also in the race and taking significant steps to ensure lighter weight of its car models in near future. Interestingly, Hyundai is offering incentives for all ideas and beliefs that can help the company to cut down the car weight. Skilled engineers, designers, and researchers have come up with certain ideas that have contributed in reducing nearly about 380 grams of each Hyundai car. Furthermore, the company is hunting for better and efficient ways to reduce car weight, eventually delivering better performance and improved fuel efficiency. Even the market leader, Maruti Suzuki is working on a similar concept and is trying to cut down the weight of car components to bring down the actual car weight with the rest of the factors remaining constant. Labels: Fuel efficiency, Hyundai-Motors, Maruti-Suzuki
Monday, 10 November 2008
We all are aware of the scheme that Hyundai Motors had announced to the government employees during the latest Sixth Pay Commission. The special proposal, which was introduced in October 2008, was applicable only for the state and the central government employees. Hyundai has received tremendous response with a good sale of 3,000 cars that came up to nearly 3 times the regular month’s sale. Seeing the success of the sale, the company has decided to extend the scheme until November 2008. Brushing up a little about the proposal, as the governments officials will be given the arrears of salaries after the amendment in Sixth Pay Commission and these arrears can be utilized to own-payments for purchasing a car and the EMI’s can be adjusted with improved salary. Hyundai Motors will give the government personal an attractive offer with special price tag and striking financial options. Therefore, here is another month for the government employees to avail this fabulous offer! Labels: Hyundai-Motors, Special-Scheme
Friday, 7 November 2008
Hyundai Motors may revise the price of all its car models and is expected to increase the prices by around two percent. Yes it’s true! The car manufactures are highly affected by the rise in input costs along with the other factor like lack of credit availability and high interest rates. To offset the input cost, Maruti Suzuki has recently increased priced of all its models in India. Hyundai being the largest car exporter of India sources 25 per cent of its steel from India and the rest from South Korea and Japan. Thus Hyundai also feels the need to increase the prices. In the current situation of economic slowdown, the car buyers are already depriving themselves from purchasing new cars. The new price hike will further slow down the car sales. The car manufacturers are forced to increase the price due to increase in raw materials, but there should be some solution to this. With the frequent price hike, it is not only becoming difficult to own a car but also to maintain them. But at present we can’t do anything rather than to wait for the economic boom to happen again. Labels: Car-Buyers, Hyundai-Motors, Maruti-Suzuki
Friday, 31 October 2008
Seeing the success of Hyundai Santro and Hyundai i10, the company plans to roll out more small cars in the Indian car market. The company has no plans to compete with the Nano but desires to design and develop a car that falls in line with one of the most successful small car, Maruti Suzuki 800. Definitely lower than the price tag of Santro but falling in the territory of 800, the company aims to produce a baby Hyundai. It’s more exciting to know that Hyundai Motors has plans to design the car based on the Santro platform and will bring the car close to the price tag of the Maruti 800. Smaller than the proposed Hyundai i20, this car will rock the Indian market and will definitely drive the car market with its long and accelerated journey. Labels: Hyundai-Motors, Indian-car-market, Small-Cars
Tuesday, 23 September 2008
The recent decline in car sales due to escalating fuel prices, rising interest rates and climbing input costs had badly hit the Indian car industry. All the car manufacturers were deprived of a successful smile and were forced to cut down their profit margins and push car sales at a lower cost. One after the other, some or the other bad news was swirling around the industry. But now…that’s enough! Though the domestic car sales have declined, Indian car exporters are relishing the ear. The weakening of rupee from Rs. 40 to Rs 46 in the current fiscal year has brought some smile on faces of car exporters. With the falling down of rupee, exporters like Hyundai Motor India and Maruti Suzuki are revising their export targets and exploring various overseas markets. This will definitely give them an opportunity to regain the lost smile. Will the effort of revising export targets be beneficial? Or will the car manufacturers still stay in a negative terrain? Labels: Car-Manufacturers, Hyundai-Motors, Indian-Car, Maruti-Suzuki
Wednesday, 13 August 2008
 Hyundai Motors will gift India another mind blowing car model by 2010. The large sedan will give tough competition to Toyota’s and Honda’s model in the same class. The car will be a perfect combination of performance, luxury and value. It will have rear wheel drive with three powertrains – 3.3-litre, 3.8-litre V-6 engines and all-new 4.6-litre Tau V-8. Like all other upcoming cars from Hyundai’s stable, Genesis will also have XM Satellite Radio. The price is yet to be revealed but one thing is sure that it will add another feather to the Hyundai motors. This Korean car manufacturer has a strong stand in the Indian auto industry and aims to acquire 20 per cent share of the Indian automotive market. The brand is also planning on green cars and will be rolling out its hybrid vehicle very soon. Labels: Car-Manufacturers, Hyundai-Motors, Indian-car-market
Tuesday, 29 July 2008
Fiat makes a smart move in the Indian car industry. After the launch of Fiat 500 or Cinquecento, the Italian car manufacturer is planning to bring its other iconic brands like Ferrari, Alfa Romeo, and Maserati to create a new individuality in the market. Fiat is now following a complete revamp plan, wherein the company will not only introduce new vehicles to the market but will also sell the excess capacity of diesel and petrol engines. The famed car engine of Fiat, 1,300cc multijet diesel, is produced at its Ranjangaon factory. The company plans to sell this engine to various other car manufactures and fill the shortage of such engines in the Indian market. Fiat implements the revival plan in India with the launch of Fiat 500. Though the cost price of this coupe is too high, for about Rs 15 lakh, the company is not worried because there is a conform belief that the unique style will showcase the Fiat brand to Indian audience. The car is built with a combination of style, safety, elegance and remarkable engine quality. The company is also in process to roll out its Linea sedan and Grande Punto. The company claims that these cars will be produced locally to suit the Indian conditions. With its revival plan, Fiat plans to compete with leading car manufacturers like Maruti Suzuki Motors, Tata Motors, Hyundai Motors, and Honda Seil India. Do you think Fiat will win the race? Labels: Car-Manufacturers, Fiat, Fiat 500, Hyundai-Motors
|
|
