Apart from pricing it attractively, Hyundai has taken enough precaution to see that EON's quality, at no point, has been compromised.
India's passenger vehicle exports rose by 26 per cent in April-June 2022 aided by enhanced shipments to Latin America and Africa and a low base of the year-ago quarter that was hit by the second wave of COVID-19. As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle shipments rose to 1,60,263 units in the April-June period of this fiscal as compared with 1,27,083 units in the same quarter of 2021-22. Passenger car shipments saw an 88 per cent year-on-year growth at 1,04,400 units while utility vehicle exports rose 18 per cent to 55,547 units during the period under review, SIAM data showed.
The Nissan Kicks does tick all the right boxes as a convincing Hyundai Creta competitor.
Hyundai Motor India, the country's second largest car maker, on Friday said its plan for launching a small car in the Indian auto-market is "well on course".
We have already seen bigger names like Mercedes, BMW and Honda providing top notch safety facilities and now Hyundai is upping the ante as well.
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.
The petrol versions of the car are priced between Rs 5,05,000 and Rs 6,66,000.
After more than two years, Tata Motors has dislodged Korea's Hyundai Motors in India from the second spot in monthly domestic passenger vehicle sales. The spurt in Tata's June numbers has primarily been due to a dramatic increase in sales of the Nano, after the mother plant at Sanand in Gujarat went onstream last month, as well as a surge in that of the Indigo.
The dealers operating in the space have jumped nearly three times over the past two years.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
India's biggest car maker Maruti Udyog Ltd on Monday said it would also increase the prices of its cars following suit of its nearest rival Hyundai, which announced hike in prices of its two models Getz and Accent to be effective this week.
Ford India and Renault too reported good sales growth in April
Hyundai Motor India on Thursday said it would be launching a "new generation" model of its mid-size offering 'Accent' in the Indian market around the latter part of 2006 for which it would be investing close to $130 million.
Around 800 workers at Hyundai Motor India's Sriperumbudur factory, who were on hunger strike, were arrested on Wednesday.
India's second-biggest carmaker Hyundai Motor India on Thursday said its sales went up by a massive 55 per cent to 15,259 units in November.
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'.
Hyundai Motor India on Wednesday said its car sales grew by 21 per cent during January-June 2003 to 65,307 units, following good demand for the newly launched compact car Santro Xing.
White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.
Hyundai Motor India on Thursday introduced a new version of its compact car i10, offered at an introductory price of Rs 3,48,000 to Rs 5,91,000 (ex-showroom,Delhi).
Maruti Suzuki India, country's largest carmaker on Thursday reported 3.7 per cent rise in total sales in September.
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, observes T N Ninan.
MRTPC disposed of the one-year-old legal battle between the two auto giants, in which the Korean car maker accused MSI (formerly Maruti Udyog Ltd) of indulging in unfair trade practice by issuing "misleading" advertisements.
Announcing its plan to set up a second plant in Tamil Nadu, a senior Hyundai official on Saturday said India would soon become a global hub of small cars.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
Hyundai Motor India Ltd (HMIL) is considering legal action against Aamir Khan's latest film, 'Delhi Belly', for allegedly depicting one of the company's cars in a derogatory manner.
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.
The 2024 Kia Sonet facelift impresses with its comprehensive upgrades, ranging from a refreshed exterior design to advanced safety and technological features.
'Some of the launches may get deferred due to the semiconductor shortage, which is unlikely to get resolved before the second half of 2022.'
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 4.1 per cent to 50,362 units
Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 391,472 units, up 16 per cent from 336,679 units in the same month last year. Last month witnessed the highest-ever dispatches of passenger vehicles in the domestic market by Maruti Suzuki India and Mahindra & Mahindra.
Hyundai Motor India said on Friday that its car sales surged by 83 per cent in December 2003 to 12,382 units, driven by rising demand for compact car Santro and mid-size model Accent.
The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against 88,801 units in September last year.
B V R Subbu, the president of car major Hyundai Motors India Ltd, has resigned from the company.
"We plan to launch the new 'i10' model with 1.2L petrol engine in the next two months. It will be powerful by an additional 15 bhp against the existing one, which comes in a 1.1L engine," a Hyundai Motor India Limited's spokesperson told reporters on the sidelines of induction ceremony of third batch of students traffic volunteers in New Delhi.
'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.
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