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Tuesday, 23 February 2010
 Hyundai Motor India, India’s second largest car maker on Monday achieved significant milestone when the cumulative exports of the car company crossed the 10 lakh mark. HW Park, managing director & CEO, HMIL said, “Reaching the 10 lakh export car landmark is not only a significant milestone but also a matter of great pride for the Hyundai family as it showcases the global success story that Hyundai as a brand enjoys.” He also flagged off the one millionth car from the Chennai Port Trust in Chennai. HMIL began exporting cars in 1999 when it shipped a batch of 20 Santro’s to Nepal and it reached the first milestone of exporting 100,000 cars in four years and ten months in October, 2004. In October, 2005 it exported its 200,000th car followed by its 300,000th car and 400,000th car in October, 2006 and August, 2007 respectively. By exporting the 500,000th car in March, 2008, HMIL had become the fastest Indian passenger car manufacturer to achieve this milestone. In a little over a decade since Hyundai has been present in India it has become the leading exporter of passenger cars with a market share of 66% of the total exports of passenger cars from India making it a significant contributor to the Indian automobile industry. The company has also started exporting cars to Australia and is the only manufacturer to do so in such a short span of a decade presence. Currently, Hyundai Motor India is exporting four of its popular models namely - Santro, i10, i20 and Accent to 110 countries. In 2009, in spite of a global slowdown, Hyundai Motor India’s exports grew by 10.7%. In 2010 Hyundai plans to add 10 new markets with Australia being the latest entrant to the list. The first shipment to Australia is of 500 units of the i20 and the total i20 export to Australia is expected to be in the region of 15,000 per annum. In 2008, Hyundai witnessed the fastest exports of five lakh cars from India to various destinations including UK, HMIL Vice-President (Sales and Marketing) Arvind Saxena said. Terming it as a "significant milestone", State Industries Secretary Rajeev Ranjan said, “It is no small achievement. This has been done in a record time". "In 2008, they have exported five lakh cars but this year they have doubled it. It is a significant milestone” he said. Lauding Hyundai's feat, Chennai Port Trust Chairman Subhash Kumar said two multilevel car parkings have been planned in the Port. Urging the Union government to continue the fiscal stimulus package, Saxena said exports may come down if it was withdrawn. "If the stimulus package is withdrawn, then the exports may come down. We have been emphasising the need for extending it", he said adding the demand came down 7.5 per cent in countries like Russia due to the global meltdown. Hyundai Motor India Ltd. (HMIL) has said that it is confident of adding 10 new markets to its export map in 2010. Currently, HMIL cars are sent to 110 countries. Labels: Hyundai-car-Export, Hyundai-i10, Hyundai-i20, Hyundai-Motor-India, Hyundai-Santro
Wednesday, 6 January 2010
 Hyundai Motors is following in the Tata Motors footsteps at least for the moment. Hyundai on Wednesday has announced that it will consider bringing in its electric vehicles into the Indian market as Hyundai is all set to capture the gradually increasing market for these cars. Hyundai Motor India which is a 100 per cent subsidiary of the Korean giant, showcased its electric version of its small car i10 at the ongoing 10th Auto Expo in New Delhi. Speaking to the reporters after unveiling the electric version of the popular Indian small car, Arvind Saxena, Director of Marketing and Sales for Hyundai Motor India Ltd expressed hope that the the new found interest in electric vehicles would present Hyundai with a huge opportunity to bring in electric vehicles technology to the Indian market in the near future. Though he denied giving any time-frame as to when the electric cars will be introduced in India, but we speculate that Hyundai also might study the feasibility of the Indian markets to bring in the electric cars here. It should be noted that the i10 electric was unveiled at the Frankfurt Motor Show in September last year and the company plans to produce the car in limited numbers for the South Korean market from this year. Hyundai i10 Electric is a zero-emission vehicle that reconciles motoring with the environmental aspirations of customers looking for a vehicle with the best possible ecological footprint." Previously, in 2007, Hyundai had launched the Hyundai i10 with internal combustion engine in 2007.At present; HMIL is the country's largest car exporter and the second largest car manufacturer with a line up of alternate fuel technology in vehicles like the CNG and LPG versions of its small car Hyundai Santro. This would be followed with its sedan Accent and small car Hyundai i10. Currently, only Reva produces electric cars for the Indian market but recently Tata Motors also announced its plans to bring in the Tata Indica Vista electric in collaboration with a Norwegian company to ply it here in India after studying the feasibility. Hyundai Motor India's pavilion displayed its futuristic technology in the form of concept vehicles to highlight the superior and advanced technology that the company has pioneered. The company also showcased the sports variant of its luxury sedan Genesis at the auto show. Labels: Hyundai- i10-Electric, Hyundai-Motor-India, Hyundai-Santro, Indica-Vista-Electric, Reva-Cars, Tata-Motors
Tuesday, 1 December 2009
Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter registered record cumulative sales for the month ending November 30, 2009. The cumulative sales accounted for 55,265 units which reflect a 28.5% growth as compared to last November. The domestic market was the biggest gainer as it almost doubled its sales to 28,162 units this month registering a growth of 92.8% over the same month last year. The exports however showed a slight decline as it fell by 4.6% as compared to the same period last year. In September, 2009 HMIL had clocked cumulative sales of 53,802 units which had been the highest till now. HMIL’s total sales for November, 2009 stood at an all time high of 55,265 units against 43,020 units in November, 2008 registering 28.5% cumulative growth. The domestic sales grew at a whopping 92.8% and accounted for 28,162 units as against 14,605 units in November, 2008 while the exports dipped marginally to 27,103 units as compared to 28,414 units last November – a fall of 4.6%. The segment-wise cumulative sales in the month of November, 2009 are as follows: A2 Segment ( Santro, i10, Getz & i20) 50,501 units; A3 Segment (Accent & Verna) 4,748 units; A5 Segment ( Sonata Transform) 15 units; and SUV Segment (Tucson) 1 unit. Labels: Hyundai-Motor-India-Ltd, Hyundai-Santro, Hyundai-Sonata-Transform, Hyundai-Verna
Friday, 7 August 2009
In a statement made in the Indian parliament, the Indian government has asked car manufacturers to contemplate on making cars specially designed for physically challenged persons. Arun Yadav, the Minister of State for Heavy Industries and Public Enterprises expressed the will of the Government that it wants the car manufacturers in India to concentrate in making at least one or two models for the physically challenged persons. This step by the Government comes as a welcome sign for people in India as the car manufacturers are being finally waken up from their deep slumber in neglecting the handicapped people. To top it all, the Government has been doling out excise duty concessions on cars and other vehicles meant for handicapped people. This tax benefits should lure the car manufacturers in India to toy with the idea of coming out with at least a couple of models designed for the physically challenged people. Some Indian carmakers were earlier providing cars with automatic transmission for physically challenged persons but had to discontinue the same as the demand for such vehicles was very less and occasional and making them available readily in the market is not practical in terms of economy. But the growing Indian car industry makes such customized cars and other vehicles on specific order to suit the disability of person. Some of car manufacturers who tune the cars according to the needs of physically challenged drivers are Hyundai with their Santro, Mahindra with their Scorpio, Maruti Suzuki on their Omni, and some of the higher end car manufacturers. Labels: Car-manufacturers-in-India, Hyundai-Santro, Mahindra-Scorpio
Wednesday, 13 May 2009
Santro is all set to get a new variant by the end of this year. Though the specifications of the new variant are not yet disclosed, it is speculated to get subtle changes in the design while the engine and the price tag is expected to remain same. Santro has been the most successful car model for Hyundai Motors. It has immensely helped the company to get a strong hold of the Indian car market and achieve the second largest car manufacturer position in the country. In 2003, the company launched a new variant of the Santro Xing, and after two years it got the eRLX technology Santro variant. The car is also available in CNG and LPG versions introduced in 2007 and 2008, respectively. With a price tag ranging from Rs 2.6 Lakh to Rs 3 Lakh (ex-showroom Delhi), the car offers unmatched performance, striking interior and exterior designs, and impressive fuel efficiency. It is also ranked by the J.D. Power Asia as one of the dependable cars in India. It is one of the favourite compact cars of Indian buyers. Being a preferable small car among the Indian masses, it has clocked around 44,371 units of sales in the month of April 2009 when other car models witnessed a major fall in sales. Santro is also exported to the overseas markets like Columbia, Mexico, Sudan, South Africa, and Algeria. Labels: Hyundai-cars, Hyundai-Santro, New-Car-Launch
Thursday, 30 April 2009
India’s popular actor Shah Rukh Khan will be seen travelling in Hyundai car for the entire season of IPL (Indian Premier League). Incidentally, Shah Rukh Khan owns the Kolkata Knight Riders cricket team and is also the brand ambassador of Hyundai Motors. Managing director of Hyundai Motors South Africa Mr. Alan Ross handed over the Hyundai Tucson keys to Shah Rukh Khan at a ceremony in Cape Town. Shah Rukh Khan will be using Hyundai Tucson for himself and his entourage accompanying him in South Africa. The car will be for his exclusive use during his stay in South Africa. Hyundai Santro is a bestselling model from the company’s product line up in South Africa. The Indian subsidiary of the company which manufactures the Santro and the i10 exported around 10,000 models to the South African markets. Mr. Khan has been the brand ambassador of Hyundai Motors since the company entered India with its flagship model, the Santro. The company expresses that his face in the advertisement helped it a lot to settle firmly in India. King Khan also created a record by becoming the only brand ambassador to have a longest association with a company. Hence, Hyundai Motors has decided to offer him the Hyundai car as a gesture of its goodwill to the actor. It seems Shah Rukh is also taking the association seriously and is promoting the brand not only in India but also in South Africa. Labels: Hyundai-cars, Hyundai-Santro, Hyundai-Tucson
Thursday, 22 January 2009
In today’s world of glamour and show, top companies invest colossal amount to hire well-know face for promotional activities. In India, most of the business houses appoint popular Bollywood actors and cricketers as their brand ambassadors for advertising. The trend of celebrities endorsing products started in United States and this gradually made a move to India. Following the same custom, many car manufacturers today have appointed famous celebrities as their brand ambassadors. We have a live example of Hyundai's brand ambassador, Shahrukh Khan. If you go down the memory lane, you will recollect that the Hyundai Santro was not so successful in the market initially. After Shahrukh was brought into picture for promoting Hyundai's ‘Sunshine Car’, it suddenly took the sales speed in the market. Since then, there was no looking back for the car. Now it is considered as one of the best compact cars in India. It won’t be wise to say that it only became successful on the words of its ambassador but then this definitely adds a reason to ponder. Moving in line with Hyundai, Ford also introduces a new brand ambassador for its leading SUV, the Ford Endeavour. A SUV that symbolizes style, power, success, and performance need to have an ambassador who embodies these key attributes. All these special Endeavour characteristics were found in a proud customer and renowned Indian celebrity Sunil Shetty. With Sunil Shetty as a new role model for the car, the company expects still higher sales with a key desire to beat recession and win over other SUVs on Indian roads. Labels: Ford-Endeavour, Hyundai-Santro, SUV
Tuesday, 20 January 2009
Hyundai’s ‘Sunshine Car’ Santro which experienced slow sales for sometime is now slowly gearing up to capture the car market again. The car witnessed a slow ride after the launch of its own sibling ‘Hyundai i10’ which has grasped the market with its performance, style, and reliability. Though the car is outshined by Hyundai i10 for some duration, it received very good sales last year with overall sales number of 2.3 Lakh units. The company is also expecting same sales figure this year. Interestingly, in December when ‘i10’ was available with discount scheme, Santro too reported impressive sales. Hyundai car dealers revealed that though the ‘i10’ is more in demand due to its stylish look and superior Kappa engine, the Santro is also liked by many customers because of its spacious interior and better fuel efficiency. Santro occupied number one position for being most dependable and reliable compact car in the Vehicle Dependability Study conducted by J.D. Power Asia Pacific in 2008 which also reflects its prominence in the market. India’s family car Santro is also available in CNG and LPG versions which add a reason for its popularity among buyers. Sales figure of 7,500-8,000 units a month in 2008 against about 10,000 units of the i10 also supports the fact that Santro is still alive in the mind of car buyers’ despite the presence of modern and technologically advanced new cars. Labels: Hyundai-i10, Hyundai-Santro, New-Cars
Friday, 26 September 2008
In the present scenario, older car models are proving their real worth during the worst ever slowdown in the car market. Among a long list of popular Indian cars, Santro, Indica and Accent are believed to be real time winners. Despite of the fact that the new generation siblings are introduced in the market, these old models are contributing a good percentage of car sales in the market. Hyundai Santro, a car ranked top by J.D Power Asia, has been a great time success even though the next generation hatchback Hyundai i10 is already in the market. It is one of the hot time favourite in compact car segment. Along with Santro, the old Toyota Corolla and Honda City have also been successful in overcoming the sluggish car market. All these cars not only have successfully held their position but have also generated incremental numbers in Motown. To bank on more numbers in the Indian car industry, car manufacturers are fighting hard to design and manufacture advanced and high-end cars. Some of the launches are siblings of the old car models and some are completely new for the market. Inspite of the fact that many new cars are rolling out on Indian roads older car models have coup the nightmare. Labels: Accent, Car-Manufacturers, Honda-City, Hyundai-Santro, Indian-cars, Indica
Thursday, 11 September 2008
 Hyundai Motor India Ltd (HMIL), India’s largest car manufacturer, is celebrating its 10th anniversary in India. To make this day special for both the company as well its consumers, Hyundai is offering lucrative discounts and freebies for its entire range of cars available in India. Yes, the company is rejoicing its own anniversary by gifting discounts to customers. The car buyers will get a free gold coin with the purchase of any Hyundai car except the i10 AT and Getz 1.5 CRDi. Those who purchase Hyundai Verna or Hyundai Getz will also get a free MP3 player. And those who go for Hyundai Santro will get free insurance along with the gold coin. The company also gives an exchange offer for both HMIL and non HMIL cars. On exchange of non HMIL cars, the consumer will get an exchange of Rs 15,000 for Santro and i10, Rs 10,000 for Getz, Accent and Verna, and on exchange of HMIL cars, the consumers will get an additional of Rs 5000 over and above the actual exchange bonus. Isn’t it interesting, the discounts, the offers and the freebies? What are you waiting for? Go and grab these exciting offers! Labels: Car-Discount, Hyundai-Getz, Hyundai-Motor-India, Hyundai-Santro, Hyundai-Verna
Wednesday, 18 June 2008
 Congratulations! Santro has bagged the number one position for being the most dependable and reliable compact car. Number one rank in the Vehicle Dependability Study conducted by JD Power Asia Pacific 2008 is appreciable.
The car was judged on the basis of various parameters including vehicle exterior, car performance, specific features, control and displays, seating comfort, fuel efficiency, emissions, engine, transmission and safety standards. New cars were not taken into consideration. The evaluation was done completely on cars that have been on Indian roads for 30-42 months. All proud owners of Santro are deeply satisfied with the ranking of this car across various segments like premium compact, mid-size, premium mid-size and luxury. What a feeling! This endorsement of Santro by JD Power Asia has eventually enhanced the reliability of Hyundai cars. The commitment to quality during the launch of Santro now gets confirmed. Labels: Car-Awards, Hyundai-Santro
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Hyundai Motor India, India’s second largest car maker on Monday achieved significant milestone when the cumulative exports of the car company crossed the 10 lakh mark.
