Hyundai Motor India Limited is taking the adage -- what cannot be measured cannot be controlled -- very seriously. In a move to control costs, it is implementing an innovative plan where the car-marker has incentivised every small idea to reduce the weight of the car it makes by offering Rs 100 for every gram saved in weight.
Hyundai Motor India Ltd (HMIL) on Thursday said it will hike prices by up to Rs 20,000 across models, except the newly launched compact car Grand i10, from October 1 to offset the impact of rupee depreciation and rising input costs.
Indian automobile units are employing more and more robots to improve your car's efficiency. India is catching up well as world over, the latest technologies is redefining outdated manufacturing processes.
Fuel price hike will impact demand going forward.
Hyundai Motor India Ltd on Wednesday launched a new automatic variant of its diesel powered luxury sedan Sonata Embera CRDi, priced at Rs 15,71,656 (ex-showroom Delhi).
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.
"HMIL started accepting export orders for the i10 from December, 2007, and received 60,000 orders from the overseas market creating a record of clocking the fastest 50,000 units of export orders in just three months," the company said. The company would ship around 26,000 units by March 2008, and subsequently it would be exported to all the major markets across the globe covering over 90 countries by the end of the year, it added.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
Hyundai Motors India Ltd, the second-largest car manufacturer in the country, has announced a special scheme targeted at women buyers across India offering attractive loan packages.
Hyundai Motor India Limited head H S Lheem will meet Prime Minister Manmohan Singh on Monday to discuss issues concerning HMIL, which is the single largest Korean investor in India
'i10', the company's latest offering to the market, would now be available between Rs 3.26 lakh and Rs 5.25 lakh, cheaper by up to Rs 18,381. HMIL also said its premium hatchback 'Getz' would be cheaper by Rs 13,413-Rs 19,422 across different variants.
Similar to its predecessor i-10, the i-20 will be manufactured exclusively in India and exported to other countries. The i-20 model, which will come in many variants, is expected to be priced anywhere between Rs 5-6 lakh. The i-20 is likely to be equipped with an automatic gear box to facilitate convenient driving.
Ford India and Renault too reported good sales growth in April
HMIL president Ashok Jha did not rule out the possibility of research on developing low-end cars priced between Rs 1 lakh and Rs 2 lakh. The R&D unit will come up with an investment of $40 million over 15 acres and will be operational in a year's time.
Hyundai Motor India Limited plans to set up its own facility at the Chennai port for parking its vehicles for shipment, a top Hyundai official said on Wednesday.
The Grand SportZ Edition will have features as Diamond cut Alloy wheels, blue tooth connectivity, steering mounted audio and Bluetooth controls, leather wrap on steering wheel, rear spoiler, B-Pillar blackout along with body graphics.
The Verna will be placed in the upper end of the segment priced between Rs 6.21 lakh and Rs 6.36 lakh for the petrol variant and Rs 7.35 lakh for the diesel variant.
Declaring a price war against rival Maruti's Swift, Hyundai Motors India Ltd launched its new premium hatchback Getz Prime, starting from Rs 3,89,000.
Leading carmaker Hyundai Motor India Ltd on Monday announced plans to roll out a CNG version of its bread-and-butter hatchback Santro by this year-end or early 2008.
Hyundai Motor India Ltd on Friday increased prices of all its car models in range of Rs 362 to Rs 2,816 on account of the increased cess announced in this year's budget.
Boosted by Maruti Udyog Limited and Hyundai Motor India's sales of compact models, the domestic market posted 24 per cent growth in car sales to 1,04,488 units last month compared with 84,235 units in January 2006.
Disappointed with dismal sales of its top end premium sedan Sonata, Hyundai Motor India Ltd will launch a diesel variant of the model this October, while it is readying to introduce a CNG driven small car by early next year.
Hyundai Motor India on Thursday downplayed apprehensions that its premium hatchback offering 'Getz' was under 'threat' following the launch of Suzuki's 'Swift' in the same segment, at a relatively cheaper price.
As per SIAM data, vehicle sales across categories, including passenger vehicles and two-wheelers and commercial vehicles stood at 18,21,490 units last month as against 23,82,436 units in August 2018, a fall of 23.55 per cent.
Maurti and Hyundai recorded jump in sales in May.
Hyundai Motor India Ltd reported a 17.84 per cent dip in its domestic car sales for February, and said it would soon reduce the price of its high import intensity models 'Elantra' and 'Sonata'.
The industry needs stimuli to help revive consumer demand and conversions.
Passenger vehicle sales continue to drop in June; Maruti, Hyundai, Tata Motors, Toyota witness decline. Mahindra & Mahindra, however, reported a 4 per cent growth.
India's second-biggest carmaker Hyundai Motor India on Friday said it would increase prices by almost 3 per cent this month.
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.
There was no sale of premium sedan Kizashi during the month.
Hyundai Motor India will launch an upgraded version of the premium sedan Sonata this week, at the same price as that of the existing model, in an attempt to boost sales of the vehicle.
Hyundai Motor India on Monday forayed into the domestic sports-utility-vehicle market with the premium SUV model Terracan.\n\n\n\n
Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May 2018.
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
Auto firms have reported a good jump in sales for the month of December
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