The Eurozone crisis is likely to bring down Hyundai Motor India's exports to 2.25 lakh cars this year against 2.47 lakh last year, a top company official said.
The new Santro, with a premium feel, is proof that when it comes to offering latest features and with it design at competitive prices, small cars are no longer shying away from entering a territory once occupied only by larger models, says Pawan Lall.
Hyundai Motor India on Thursday hiked prices of its various cars, including Santro and Sonata by upto Rs 10,700.\n\n\n\n
Commenting on the company's performance, HMIL managing director and chief executive officer, BS Seo said: "We surpassed our targets of selling 4 lakh vehicles in the domestic market by adding new products like Xcent, Elite i20 and Santa Fe to our robust product portfolio."
One of the main selling points of the i20 is its easy to drive nature.
'The people of India have shown immense faith in the Tata group as they have never broken the trust of Indians.'
It is quite interesting to look at the cars closest rivals and how they stand against this much trusted model.
Hyundai Motor India, a wholly owned subsidiary of Korean Hyundai Motor Company, on Thursday reported a 28 per cent increase in sales for the month of January at 20,911 units.
Chung Mong-hun was embroiled in the embarrassing scandal over payment of money to North Korea to agree to a historic summit with South Korea.
Renault Kwid is also the longest of the lot and at 3680mm length, the vehicle may turn out to be the most spacious in its segment.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
The new Ford Fiesta diesel takes on the current favourite, the Hyundai Verna CRDi. Business Standard plays referee.
Named 'i Tech', will be available with engine options of 1.1 litre and 1.2 litre.
The Sonata's back. Can it sing its way to success?
While the country's largest car maker, Maruti Suzuki India, said its car will become costly by two per cent, Hyundai Motor India said it will result in a price rise of Rs 6,500-25,000 on average.
The company, which is slated to introduce a new compact car later this year, is also mulling taking on Maruti Suzuki's Dzire and Honda Cars India's Amaze with a new sub-four metre sedan.
The company officials that visited Dholera will submit their recommendations to the company board for a final investment decision in this regard.
Hyundai has invested $1.8 billion in India.
Hyundai Motor India Ltd, the country's second-largest car-maker, said on Thursday its volume sales in November rose 37 per cent to 9,847 cars from the year-ago period, boosted by demand for its flagship Santro compact.\n\n
The Hyundai i20 Active is an equipment-loaded car which increases the practicality of a hatchback.
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
Hyundai Motor India on Thursday said it has crossed the half-a-million mark in cumulative exports, with the loading of its latest product the i10 at the Chennai port. The company reached the first milestone of exporting 1,00,000 cars in four years and 10 months that ended in October 2004. In October 2005, it exported its 200,000th car, followed by 300,000th car and 400,000th car in October 2006 and August 2007 respectively. Hyundai India is targeting 530,000 units this year.
The SUV leaves a good impression thanks to its athletic built.
People have embraced these compact cars because they are not only well appointed, but are also more practical, cheaper to own, have higher fuel efficiency, and are easy to park.
The company, which on Monday became an official partner for International Cricket Council, will also be spending Rs 200 crore (Rs 2 billion) in the next five years on advertising and promotions.
The Korean automaker plans to boost production in both fast-growing markets with new plants, and fresh models for local and export consumption
Hyundai Motor India on Thursday launched premium sedan Elantra to fill the gap between its mid-size car Accent and luxury sedan Sonata.
India's second-biggest carmaker Hyundai Motor India on Thursday said it planned a price hike in April this year due to rising input costs.
Hyundai Motor India on Tuesday flagged off maiden shipment of its flagship 'Santro' brand of passenger cars to European markets of Italy, Spain and Netherlands.
Hyundai Motor India said on Wednesday that its car sales has surged by 53.1 per cent in September 2003 to 17,009 units from 11,105 units a year earlier.
Toyota, Mercedes Benz and BMW, have announced a hike already.
Passenger vehicle wholesales in India increased 4 per cent year-on-year in May to 3,47,492 units, as compared to the same month last year, industry body SIAM said on Tuesday. Overall passenger vehicle (PV) dispatches from companies to dealers stood at 334,537 units in May 2023.
The share of eastern India in the overall sales volume is also expected to grow from the existing 9 per cent to 15 per cent by 2010. At present, Hyundai sells around 1,000 units per month in eastern India.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
Honda's segment-first features and a competitively-priced diesel engine could help it reclaim its crown.
Hyundai Motor India Ltd plans to set up a research and development centre in Hyderabad.
It is cheaper than its competitors and comes loaded with much more features.
