Hyundai organized ‘Miles & Smiles Rally’ for i10 customers

Hyundai Motor India organized a ‘Miles & Smiles Rally’ for its Hyundai i10 holders. Around 75 Hyundai i10 cars participating in this rally. By this rally Hyundai owners learned about how to make their vehicle more fuel efficient and more mileage productive. IN this rally some driving habits which makes a car fuel efficient were explained.

While attending this rally customers also got chance to have fun with their families and friends. the rally was flagged off by Mr J W Lee, Regional Manager, West Region at Intercontinental The Sahara Airport Road. drivers who able to achieve Best mileage were given prizes. Mr. Allan Prakash with the mileage of 37.5 was the winner of the rally. He got prize money of Rs 15,000/-.

Hyundai launched 5th generation Sonata Embera

Hyundai India's second largest car manufacturer has launched fifth generation Sonata Embera in India. The new Sonata Embera is uploaded with new Technologies. Many up-gradation has been made in this new fifth generation Sonata Embera.

Where earlier version of Sonata had vertical slats in the front grille, The new Sonata Embera has horizontal slats and because of this the slats looks more stylish and cool compare to earlier one. Car wheel have also been changed to 16 inch 10 spoke aluminum alloy wheels in place of 15” 9-spoke alloy wheels earlier. The car has given new style and it has more charming looks then earlier model of Sonata Embera. This new upgraded model has a 4-speed H-matic transmission. Because of this transmission engine works very powerfully at all speeds and makes driving smooth.

Hyundai to launch diesel version of Hyundai i20

Hyundai Motor India is set to introduce a diesel variant of its premium compact car, the ' i-20', by the end of 2009. Hyundai began selling the diesel variant of i-20 model for the European market earlier, it is now considering offering a similar option to its domestic customers.

The ' i-20' model was launched in December.The company sells the car with a 1.2-litre petrol engine for the domestic market and the company has announced that a diesel variant for the domestic market will possibly come if market demands.
Hyundai avails the excise duty benefit on compact cars. . Hyundai aims at selling an average of 2,000 units of its i-20 on a monthly basis. It received an order of 2,500 units in the month of January The company has delivered 1,700 till now and the remainingwill be sold in the current month.

Hyundai India Registered a 45.3% growth in sales

India's second largest car manufacturer and largest car exporter Hyundai Motor India Ltd (HMIL) has registered a increase of 45.3% in sales in India while company's allover sales increased by 31.9% in Feb 2009 compare to same period of last year. Hyundai's total sales in India for Feb 2009 was 38,254 units compare to 29,001 units in the same period of last year. In these sales the sales in Indian market were 21,215 units in Feb 2009 compare to 14,600 units in Feb. 2008.
Hyundai Motor also registered a growth in exports. Company exported 17,039 units in February, 2009 compare to 14,401 units in the same period of lat year. According to company while sales of the company registered a negative growth in the month of January compare to same period of last year, the company manage to achieve positive growth in Feb. 2009.

Hyundai i10 crosses 3 lakh sales figure

India's second largest car manufacturer Hyundai India has achieved one more mile stone by crossing the 3 lakh figure in sales of its popular model Hyundai i10. In these 3 lakh cars which were sold all across the world the company manage to sold around 1.44 lakh units in home market while company sold about 1.56 lakh units in other 100 countries including middle east, south Asia and Latin America.

The Hyundai i10 manufactured in India and the model was ready to export in December 2007. After the launch of this model company sold more then half of these three lakh units in just 15 months.

According to Arvind Saxena, Senior Vice President of marketing of HMIL, "The company has constantly focused on providing the best for its customers be it design, technology or the best value for money proposition. And the resounding success of the Hyundai i10 just proves that our customers value these parameters as well and have reinforced our belief that, if we provide the best, we will always be on the fore front be it the domestic or the overseas market"

Hyundai starts nation wide Car Care Clinic

Hyundai India the largest car exporter of India and second largest car manufacturer after Maruti Suzuki in India has launched a nation wide car clinic camp for providing free check up and service to its customers. Hyundai has completed 10 years in India and in these years the company has achieved a very respectable position in Indian auto mobile sector.

To continue with its customer centric programs like this camp the company is trying to provide its customers good service and support. The Customer Care Camp is going to start today and will end on 29th of March. In this camp the Hyundai is expected to attend around 1.25 lakh of its customers all across India. In this check up the company will provide a 80 point Check up and a thorough examination to its vehicles. In this checkup the all major points will be checked like engine, AC Fuel system etc will be checked.

Hyundai India collaborates with Canara Bank

Hyundai India Countries largest car exporter and second largest car manufacturer has entered into a memorandum of understanding with Canara Bank to financing its passenger vehicle in India. Canara Bank has 2700 branches all across India. By this tie up they will provide a single window to buyers who are seeking car loans.

Arvind Saxena, Sr. Vice President, Marketing & Sales, HMIL said, “In the current scenario, we consider it as a welcome move as there is a need for increased financing options for our customers.” Hyundai India recently launched Hyundai i20 hatchback which is quite popular in India. By this tie up company will provide loan assistance to its customers.

Hyundai to launch Santa Fe in India soon

India's largest car exporter and second largest car manufacturer Hyundai India is planning to launch its new model Hyundai Santa Fe to India soon. Santa Fe is expected to launched in two variants – 2.7 Liter petrol and 2.2L diesel. The price of this model is expected to be around Rs. 23 lakh. Despite the global credit crunch the company is some new models in coming years.This model has a sporty look and is expected to get a good response from SUV lovers.

Hyundai recently launched its most awaited model Hyundai i20 in India. The model got a very good response and by the good sales of Hyundai i20 the company manage to defeat credit crunch.

Hyundai signed MOU with Corporation Bank

Hyundai Motor India Ltd (HMIL), the second largest car manufacturer and the largest passenger car exporter in India, signed MOU with Corporation Bank for financing the purchase of the cars manufactured by HMIL. The bank’s general manager M P Kunju and HMIL senior vice president (Marketing and Sales) Arvind Saxena signed the MOU. Under the MOU, Corporation Bank, a major public sector bank today, will be financing prospective constituents to acquire Hyundai cars at a rate of interest of 10.25% for 3 years and concessional processing charges (Rs. 1,000/- flat). The bank will be financing these cars under its ‘Corp Mobi’ scheme that offers attractive interest rates. All branches of the bank from across the country will be covered under this tie-up arrangement. HMIL also achieved yet another key milestone in its decade old journey in India by clocking the fastest three lakh i10 sales since its launch on 31st October, 2007.

Hyundai domestic sales down, exports rise

The domestic sales of Hyundai, India’s second largest carmaker, down but exports. It registered domestic passenger car sales at 24, 754 units during March compared with 29, 401 units in the corresponding month of 2008. The figure shows 15.81 per cent sales fall. The company’s exports rose by 21.63 per cent to 21,406 units as against 17,600 units during the same period of the previous year. The company's cumulative sales (including exports) during March were down by 1.79 per cent at 46,160 units as compared to 47,001 units in the same month a year ago. Hyundai. sold 41,802 units of hatchbacks Santro, Getz, i10 and i20, 4,285 units of Accent and Verna.

Santro to take place of Mumbai’s taxis

Hyundai’s compact car Santro will take place of Mumbai’s taxis. Now passengers will enjoy Santro with lots of interior space. The state government decided to phase out about 7,500 ageing cabs. Hyundai shipped 30 Santro cars to the Mumbai taxi union. The number will be increased to 1,250 by the year-end. According to transport department order, taxis that are over 25 years old will have to be phased out, which immediately takes out 7,500 cabs.

Hyundai is offering the Santro cab at a discounted price of Rs.242, 500 for the non-air conditioned variant, while the same model costs over Rs.270, 000 ex-showroom in Mumbai. The company said the Santro cab would feature the black-and-yellow colour scheme required for taxis. The company said the Santro cab would feature the black-and-yellow colour scheme required for taxis.

HMI India’s largest car exporter, India record 57% growth

Hyundai Motor India registered car export growth of 63% at 2.35,345 units compared with 1,44,440 units in the year-ago period. It is the highest growth in the car industry. According to the figures released by the Society of Indian Automobile Manufacturers (SIAM), carmakers in India have been able to expand their overseas presence with exports from the country recorded whopping 57.04 per cent growth in the last fiscal.

passenger car exports from India touched 3,31,539 units in FY09 as against 2,11,112 units in the previous financial year. Domestic market leader Maruti Suzuki India was a distant second, registering 32.58 per cent growth in overseas sales at 68,834 units in 2008-09 as against 51,916 units in the previous fiscal. Overall vehicle exports from India grew by 23.60 per cent at 15,30,660 units in the last financial year, while the same stood at 12,38,333 unit s in the previous fiscal, SIAM said.

Hyundai missed sales target by 23%

Hyundai Motor India Ltd (HMIL) missed its sales target for 2008-09 by over 23 per cent due to global slowdown. It managed to sell only 2.44 lakh units till the end of March, 2009 compared to the set target of 3.18 lakh units. Moreover, recession forced the company to reduce the target figure to 2.75 lakh cars but that was also out of range of sales. This time there was a miss of 11.2 per cent.

Arvind Saxena, senior vice president (marketing and sales), HMIL, clarify that there were some sign of recovery in the market but a complete revival was needed. However, enquiries were good enough but the conversion rate was low. He told that in these situations it is hard to convince a customer to buy a new car.

Hyundai associates with SRK for IPL

yundai Motors India Ltd (HMIL) has inked a new deal with its car brand ambassador Shah Rukh Khan. According to this new deal, Shah Rukh Khan will travel in Hyundai vehicles for the whole of IPL season. Alan Ross, MD, Hyundai Motor, South Africa, handed over the car keys to the Bollywood superstar and owner of the IPL team Kolkata Knight Riders Shah Rukh Khan in a function held in Cape Town. Shah Rukh would be provided the facility to offer their car use for his guests. In CY 2008, Hyundai exported around 10,000 units of Santro and the Hyundai i10 to South Africa. The Hyundai i10 and the Santro are also the best selling models in the small car segment in South African market.

Hyundai to shift part of i20 production to Europe

Hyundai Motors India Limited (HMIL) has planned to shift part of Hyundai i20 production to Europe due to volatility of the rupee, poor power availability, inadequate export incentive and labour problem. However, the company is to set one more production base in the continent. In November 2008, the company sent a consignment of 2,820 units to the European market. Around 17,000 made in India Hyundai i20 cars were exported to Europe in the first quarter of the current year. It may be recalled that the company claimed to produce i20 for the European market, would be met through production facility at the Sriperumpudur. But now due to several reasons, the company wants to move out.

Hyundai's April sales increased by 10.9% this year

India's largest car exporter and second largest car manufacturer Hyundai India has registered a high growth in the month of April this year compare to same period of last year. According to reports the company the domestic sales growed by a margin of 3.5% and at the same time the Exports of the company increased by 19.6%. Overall theHyundai sales increased by 10.9%. Company sold 44371 units in the month of April compare to 40000 units in the same period of last year.
According to Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL ,"As compared to last year we saw a modest growth in April, 2009. However, we still feel that the market is far from a complete turnaround and it will be a while before we see healthy double digit growth. We will however continue to offer our customers innovative schemes and products to offset the effects of the slowdown".

Hyundai employees on indefinite fast

India's largest car exporter and second largest car manufacturer Hyundai Motors is facing a tough task as its employees of Sriperumbudur unit has gone on an indefinite fast to protest the absence of management representatives for a conciliatory meeting. According to news reports the labors are on strike since April 20 and they are demanding the solution of certain of certain labor related issues. As the HMIL Corporate Communication Head Rajiv Mitra said the company is monitoring the situation closely and everything is under control. He also said that the production at the plant is still 90 percent and the management is trying to resolve the issue

Hyundai hopes to end the strike within a few days

Daily production at the Chennai plant has been hit by 3-4 per cent by the employees strike. This was confirmed by the country's second-largest car maker Hyundai Motor India. Meanwhile, the company expected to end the strike soon and sort out the issues of employees. However, while talking to the media, company's Vice-President (Marketing and Sales) Arvind Saxena did not disclose the demands of the employees at the plant. He informed that the management was in touch with employees. He accepted that the production was affected marginally.

HMIL signed MoU with SBT for vehicle finance

Hyundai Motor India Ltd (HMIL), the second largest car manufacturer and the largest passenger car exporter, has signed an Memorandum of Understanding with State Bank of Travancore (SBT), a premier nationalised bank based in Thiruvananthapuram, Kerala, to assist customers in financing auto loans.

The tie-up was signed in the presence of Sri Arvind Saxena, Sr. VP, Marketing & Sales, Hyundai Motor India Ltd and Sri A K Jagannathan, Managing Director, State Bank of Travancore. According to the MoU, HMIL will help both the partners to reach out to wider market and make loans convenient and easy to finance. The automobile company also has strategic tie-ups with Syndicate Bank, Bank of India, Punjab National bank, Canara Bank, Bank of Baroda and Corporation Bank.

Hyundai to consider alternate site for i20 production

Hyundai Motors is considering alternative production site for i20 premium compact to a European country. The company said that labour unrest at Sriperumbudur factory was forcing the company to take the decision. On the other hand, sources said that infrastructure problems, currency fluctuations and low export incentives might be the other reasons to shift the production of i20 as timely delivery schedules is a crucial factor in export markets.

Labour union claimed that production at the company's two plants had been affected badly on account of the strike, while the company declared a marginal impact. Arvind Saxena, V-P at Hyundai Motor India informed that the production is marginally affected, and the company had enough stocks to meet any shortfall. He added that if the situation did not improve, it would be necessary to shift the production.