Hyundai to roll-out new cars in mid and premium car segment in India

The Indian unit of the leading Korean car maker Hyundai has said that it will launch a number of new cars across all segments in the Indian market. By rolling-out a series of new cars in the mid and full size car segment, the company aims to change its present image of a small car maker.

With the aim of strengthening its positing in the entry level sedan segment, the company rolled-out a new version of its Verna sedan in India. The car has been priced in the range of Rs 6.99 lakh and Rs 10.75 lakh (ex-showroom Delhi).

The company has explained that in order to become a complete player in the Indian market, it will launch new models in mid and premium size segment.

Speaking to the reporters, Hyundai Motor Corporation’s President and CEO S S Yang said, "HMIL is very important for Hyundai Motor Company (HMC). HMIL has kept pace with the growth in the Indian market and we'll offer a full line of products here." He added that the Indian market is a priority for the company and Hyundai has supported this market through technology and new models.

Hyundai has a range of cars in its India portfolio including hatchbacks like Santro Xing, i10 and i20, and sedans like Verna and Sonata Transform, and sports utility vehicle Tucson.

Hyundai to Introduce New Models in India

Hyundai Motor Co. will introduce two new vehicles in India each year until 2014 in a bid to retain its position as the second-largest car maker in Asia's third-biggest automotive market amid stiff competition from recent entrants Volkswagen AG, Nissan Motor Co. and others.

"We will have new products in all segments," Arvind Saxena, director of sales and marketing at Hyundai Motor India Ltd., told Dow Jones Newswires in a recent interview. "New products play a vital role in boosting sales."

Hyundai will soon start selling an upgraded version of its mid-sized sedan Verna as part of this product introduction plan, he added.

The company also makes small cars Santro, i10 and i20 and sedans Accent and Sonata at its factory near the southern port city of Chennai and imports and markets the Santa Fe sport-utility vehicle.

Global auto makers are queueing up to take advantage of the robust Indian economy and rising personal incomes that have helped boost demand for new two-wheelers, cars and sport-utility vehicles.

Volkswagen, Ford Motor Co., Nissan Motor, Renault SA, Toyota Motor Corp. and others have either introduced small cars or plan to do so in the near future to cater to the record-growing demand.

New car local sales jumped 30% in the financial year ended March 31--the fastest in more than a decade--to 1.98 million vehicles.

But newer entrants are challenging the dominance of older, more established auto makers including that of Maruti Suzuki India Ltd. and Hyundai. The two have already lost some market share in the past year because of increased competition.

"Going forward, we are confident that we would retain our market share. New models will help us in doing so," Mr. Saxena said.

Market share of the local unit of Suzuki Motor Corp in India fell to 48.7% in the year through March from 50.1% a year earlier, while Hyundai's share stood at 18.1% from the 20.6% it held a year earlier, according to data from industry body Society of Indian Automobile Manufacturers.

Hyundai Motor India aims to sell at least 400,000 cars and SUVs locally in 2011, up 12% from last year's 356,717 vehicles. Still, the sales growth will be nearly half of last year's 23% rise as increasing interest costs and rising prices of raw materials such as steel, aluminum and natural rubber will likely dent demand, Mr. Saxena said.

"There would be a moderation in the whole industry. We will also grow at a similar pace," he said.

Hyundai Motor India plans to raise prices of all its vehicle models between 1% and 1.5% by Saturday due to higher commodity prices, Mr. Saxena said, marking the company's second price since January due to higher input costs.

Hyundai follows Maruti, Tata Motors Ltd., Mahindra & Mahindra Ltd., Toyota Kirloskar Motor Pvt. Ltd., Nissan Motor India Pvt. Ltd. and others that have all raised prices twice in 2011.

Also, exports of Hyundai--India's largest vehicle exporter--are expected to fall 11% in 2011 to 220,000 vehicles owing to weak demand for small cars in Europe.

The auto maker sells 'made-in-India' small cars to 118 countries globally and its i10 small car is made exclusively in India for the global market.

Maruti All Set To Launch Their First Made In India Car

Maruti Suzuki India Limited, is the largest car company and automobile manufacturer having near about half of the domestic car market share. Its all time hit models like Maruti 800, Maruti Alto and recent models like Maruti Swift, Wagon-R, DZire are known to all. Now the company is planning to launch its first completely made in India New Cars by 2012 and final design of this model will be released in the first half of next year. Final work on the design and other aspects is in full swing, as reported by a source.

Also according to information this complete made in India Maruti car will be placed along with small car segment like Maruti Alto and company is working really hard to launch this Maruti car by 2012 and to make this car also a grand success.

Maruti Suzuki partial subsidiary of Japanese auto giant Suzuki, is working seriously for the company's future car models and also on its growth programme. To carry on development programme of this Maruti car, company is planning to invest a sum of Rs 1,500 crore at in the next 3-4 years time at Rohtak R&D center which is the only center having equipments and standards comparable other than one in Japan. Main manufacturing plant of Maruti Suzuki is located at Gurgaon and Manesar which have annual capacity of more than 7 lac units. One of the spokesperson without disclosing the information about new car told that Maruti Suzuki India is always eager to satisfy their customers and will always work towards the technological development and better facilities.

Also if reports are to believe Maruti Suzuki India Limited is launching this first made in India model to challenge other competitors like Hyundai Motors and to better companys grip in the domestic market.

And to further adding to it, Hyundai Motors is also engaged in designing and developing a model which will be placed below Hyundai Santro to compete with Maruti Alto. So those who are not interested in buying a car in near future may wait for these models to change their minds and make decision.

Top 4 Best Selling Cars in India

Known devils are better than unknown angels. This thought seems to be very deeply embedded in the Indian car buyers mind. In spite of plenty of new car launches, the tried and tested old models like the Maruti Suzuki Alto, the M800, Hyundai Santro, Mahindra Bolero, Ford Ikon, Hyundai Accent and Tata Indica stay at the top as far as sales figures are considered. Even out of the top four highest-selling models in India, three are a decade old and two belong to Maruti Suzuki. In this article, lets have a look at the top 4 best selling models in India.

Maruti Suzuki Alto

It is very clear that the highest models in the country are still the cheapest cars. For Maruti Suzuki and for India, the Alto happens to be the best seller. A full-service car for so low a price attracts consumers. New cars with new features may have made their entry, but the basic technology made use of still remains the same.

Around 20,000 units of the Alto are sold every month. The impressive sales figures have prompted Maruti Suzuki to bring in a new-generation sibling for the model very soon, and together, the cars are expected to deliver sales of around 3,50,000 units a year.

Maruti Suzuki WagonR

Indias and Maruti Suzukis next best seller is another decade-old model, the WagonR. It has of course been refurbished very recently. The WagonR clocks sales of around 11,000-12,000 units every month. A vibrant yet safe package, the WagonR has been strapped with the best-in-class safety technology while its new peppy colours are full of novelty and vigour to keep you charged up and always ready to go. A reliable and fuel-efficient car, the WagonR suits the Indian car buyer just right.

Theres no doubt that Maruti Suzuki offers cars that are specially designed keeping in mind car buyers in India. Sales figures of Maruti Suzukis oldest model, the M800, prove this fact. In spite of the model being phased out of 13 cities after implementation of the new BS IV norms, it appears as quite a surprise that around 2,000 units of the M800 are still being sold every month. The car has a waiting list in markets like Srinagar in India.

Hyundai Santro

After the Alto and WagonR, the Hyundai Santro happens to be the next best seller. Its been twelve years since the models birth, but still sells nearly 7,000 units every month. If the combined sales of the Santro and the Hyundai i10 are taken into account, the duo clock around 20,000 units a month for the car maker. With the Santro displaying impressive sales numbers, it looks like Hyundai has no plans of phasing out the model despite its age.

Last year, the car was re-introduced into the Indian market with a few minor changes like beige interiors and an all-new grille. With this done, Hyundai will not be touching the Santros looks as of now. The car maker feels that the Santro has been selling real well and making changes would increase cost and lead to a subsequent price upgrade.

Tata Indica

The next best selling model in India is the Tata Indica. The car was first rolled out in 1998 and is of nearly the same age as the Hyundai Santro. Ever since its launch, this car has had modifications almost every year. The major changes, however, were done in 2001 with the launch of the Indica V2 and then in the year 2006 with the launch of the Indica V2 Xeta. Two years after that, in 2008 the Tata Indica Vista was born. Around 11,000 units of the Tata Indica roll out of dealerships every month and is Tata Motors largest selling car in India.

Analysts seem to be a little confused about this rather strange Indian phenomenon of old models going strong. It certainly is the credibility and affordability of the older models that works the magic in India.

Maruti Suzuki launches new 1000cc Alto, to take on competitors

Maruti Suzuki has launched a new version of Alto, with a more powerful engine compared to its existing model. The new version has a 998cc engine, compared to 800cc earlier. It is suppose to provide the highest fuel efficiency among petrol cars in the A2 segment, 20km per litre.

On the exteriors, it has been refreshed to give a distinctive look. The design of headlamps & tail lights is changed. The front and rear bumpers are new. It is 125mm longer than the earlier one. It is designed to be wider and taller too. All these make the car look bigger.

On the interiors, the gears and brake system are superior, giving a better driving experience. There is more leg-room for the rear seat passengers.

The car will be available in lxi and Vxi variants, in 6 colors: Sunlight Copper, Midnight Black, Fire Brick Red, Superior White, Ecru Beige & Silky Silver.



It prices range between Rs 3.03 – 3.16 lakh, ex-showroom, New Delhi, Rs 3.08 lakh – 3.21 lakh, ex-showroom, Bangalore.

On an average 20,000 units of Alto are sold every month. With the increased features provided by the new Alto, the sales figures are sure to go up. The market leaders Hyundai Santro and Chevrolet Spark are sure to face a stiff competition.

Maruti Suzuki has been a market leader in the small car segment, having around 50% of the market share. However, for the first time this has fallen to 47% and Maruti Suzuki is in top gears to regain its market share. Launch of Alto K10 is a beginning step towards this.

Hyundai to launch one new car model in India every year

Hyundai Motor India plans to launch a new model every year for the next few years as it seeks to hold its own in a fiercely competitive car market in the country. Besides, it will give a facelift to an existing model every year and also make minor modifications for a model year change.

(Auto makers refresh their line-up with small changes for the new calendar year, which they refer to as model year change.)

Over a buffet dinner at an Indian restaurant in Seoul's shopping district of Itaewon, Mr Han-Woo Park, Managing Director & CEO, Hyundai Motor India Ltd, told a group of visiting Indian journalists last week that this will be the company's strategy to meet competition, from the likes of Ford Figo, Chevrolet Beat, Volkswagen Polo and the new WagonR from Maruti Suzuki, besides the spate of new launches planned.

“I will launch minimum three models a year,” he told the journalists, on a visit sponsored by Hyundai Motor India to some of its parent company's facilities in South Korea.

“I feel that competition will be tough this year,” he said, and added that even in the face of the new launches by competitors so far this year, Hyundai Motor India's market share did not drop. This, he attributed to strong marketing and sales and the product line-up. Last year, the company's average market share was 20.6 per cent. In the January-April 2010 period, this increased to 20.7 per cent.

Hyundai Motor India sells the i10, Santro, i20 (all compact cars), Accent and Verna (sedans), and Sonata, a luxury sedan. It plans to launch the Santa Fe sports utility vehicle later this year.

The recently launched Ford Figo compact car has been reporting good sales numbers, especially the diesel option, which accounts for nearly 70 per cent of the car's sales.

Will he look at a diesel engine option for the i10? Mr Park replied that the company had not thought of this option till now, but might consider it for the new i10, whenever it was launched.

Hyundai Motor India gets 1.1-litre diesel engines from Hyundai Motor Company for the export model i10.

Mr Park was confident of the automobile industry's prospects for this year, with sales expected to grow 10-12 per cent over last year. Hyundai Motor India expected to do slightly better than the industry average.

The company, according to him, will have a stronger rural focus in the coming years. Rural sales accounted for more than a fourth of the company's total sales. From January to April this year, the rural market had grown 27 per cent, with Hyundai's sales growing at about 40 per cent. The company's strategy was to have sales branches in the rural areas to push sales.

When would the company think of expanding capacity? “We will think of it when the domestic sales account for 70-80 per cent of total sales,” said Mr Park. Last year, the domestic and export sales were equally split, with domestic sales growing to 57 per cent this year.

Mr Park was firm in stating that the company would not yield any more ground to a section of the workers which is threatening an agitation.

Last year, he said, the company took back 20 of the dismissed 87 employees. But some of them had agitated against the management, even when they were still serving their probation period. There was demand to take back some more of the dismissed workers.

Mr Park said “we will take a firm stand this time. We will not reinstate even one person.” On humanitarian grounds, the company was trying for an out-of-court settlement. “We have reached a settlement with four persons and are negotiating with a few more,” he said.

The industrial relations scenario was a major issue for the company, he said, and added that it would not be possible to run a large organisation if the company had to repeatedly compromise its stand. Moreover, it would affect the other industrial units in Sriperumbudur area, where Hyundai Motor India's plant is located.

“I don't think reinstatement is the only option for a settlement on humanitarian grounds. An out-of-court settlement is also an option,” said Mr Park.

Hyundai to launch 800 cc car both for India and export markets

Hyundai Motor India Limited (HTML) is planning to launch its 800 cc small car by 2011-12. The wholly owned subsidiary of Hyundai Motors Company is taking this step foreseeing the demand for small cars which is likely to touch 2 million units in India by the time this car gets to launch here. The Hyundai 800 cc cars will be both for Indian market and exports markets.


But the company made a clear remark that it had no intentions to give a competition to Nano as it does not have the capacity to manufacture Rs. 1 lakh car.


Hyundai is planning to undertake the production of this new 800 cc variant on the tunes of Maruti 800 and is supposed to hit the market with an affordable range. Hyundai is the largest seller of the small car


segment. Its current best seller is i10 but Hyundai plans to offer a car at a price tag lower than i10 this time.


“We hope to bring our smaller car than Santro, which will be an 800 cc vehicle, by 2011,” said H S Lheem, Managing Director Hyundai Motors India. He, however, did not divulge details like price range of the car. The car is aimed to hit not only the Indian domestic market but the company also plans to cater to the export market as well. The design of the car will be prepared in Korea.


The research and development work has already started at R&D centers at Hyderabad and Namyam (Korea). The company however has not revealed much about the product specification but there are anticipations that this car would be a petrol variant with 800 cc engine. These units have the capacity to manufacture 20,000 units per month and 600,000 units per year. HMIL has also promised a preview of its i20 car in the hatch back segment with a code name PB at the Paris Auto Tariff Show on October 2.


Hyundai is probably impressed by what Maruti 800 did to the Indian small car segment. Maruti Udyog happens to be the only company that boasts of having a monopoly in the small car segment in India. Hyundai’s new 800 cc car is bound to face tough competition from Maruti’s Alto, Maruti 800 and Spark. The company aims to take forward this sensation by launching yet another affordable small car, looking at the growing market of small cars in India.

Hyundai’s ‘Always Around’ campaign enters third consecutive year

With the novel idea of ‘Always There, Because We Care’ , Hyundai Motor India Ltd, the country’s largest passenger car exporter and the second largest car manufacturer, is back with its nationwide service initiative - ‘Always Around’ campaign in a mega avatar for the third consecutive year.

Starting from November 8th the ‘Always Around’ campaign will provide free check-ups for its customers at convenient locations. Last year around 80,000 Hyundai vehicles across 6,000 locations attended the camp.

This year, the ‘Always Around’ campaign has grown much wider in terms of locations and reach and will continue till December, 2009 covering 6,500 locations wherein Hyundai will be reaching out to around 90,000 customers in an effort to make them smile by ensuring that their car is in the best of condition. Around 4,000 vehicles across 270 locations nationwide are expected to attend the camp on the launch day itself.

The mega ‘Always Around’ campaign will be conducted at various locations which customers in their normal course of life frequent on an everyday basis like Joggers Park, Shopping Malls, Apartments, Multiplexes, etc. The ‘Always Around’ campaign is truly innovative one as it reaches out to the customers at a time and a place where it is most convenient for them and at no extra cost. For example, while the customer might be busy shopping in a mall, his car is serviced and cleaned which saves both his time and money as it is a free service, and the advice that he gets from trained technicians helps him maintain his car even better.

Along with the camp various value added services and schemes are offered e.g customer Referral Scheme, Hyundai Advantage, Health Check-Up Camps, customer education towards improving the vehicle mileage/performance, information related to Hyundai products, etc are also part of this campaign.

Commenting on the campaign, Arvind Saxena, Sr. V P, Marketing & Sales, HMIL said, “At Hyundai it is our belief that owning a car is a special experience; and the experience should be one of delight. With Always Around campaigns, we offer our customers the most convenient after sales service. The positive feedback received from the campaign till now has encouraged us to value add by adding more locations and offering more attractive schemes and offers.”

The ‘Always Around’ campaign will offer a comprehensive 17 point check-up and a thorough examination of the vehicle and services such as tyre and vehicle polishing, coolant and oil top-up. The Hyundai team will also collect suggestions and feedback on the performance of the vehicle & after sales service. The customers will also have a chance to see and test drive the latest Hyundai cars which would be there on display at the venue.

This year Shell India has partnered with Hyundai as the recommended lubricant supplier for ‘Always Around’ activity throughout the year. There will be active participation from Shell India at various locations to support the event to enable them to take valuable feedback directly from the customers.

Hyundai Motor India Limited

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest car manufacturer and the largest passenger car exporter from India. HMIL presently markets 54 variants of passenger cars across segments. The Santro in the B segment, the Getz Prime, i10 and the Premium hatchback i20 in the B+ segment, the Accent and the Verna in the C segment, the Sonata in the E segment and the Tucson in the SUV segment.

Hyundai Motor India, continuing its tradition of being the fastest growing passenger car manufacturer, registering total sales of 489,328 vehicles in the calendar year (CY) 2008, an increase of 49.6 percent over CY 2007. In the domestic market it clocked a growth of 22.4 percent as compared to 2007 with 245,397 units, while overseas sales grew by 92.5 percent, with exports of 243,931 units.

HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts of the most advanced production, quality and testing capabilities in the country. In continuation of its commitment to provide the Indian customer with global technology, HMIL commissioned its second plant in February 2008 which produces an additional 300,000 units per annum, raising HMIL's total production capacity to 600,000 units per annum.

HMIL has invested to expand capacity in line with its positioning as HMC`s global export hub for compact cars. Apart from the expansion of production capacity, HMIL currently has 271 strong dealer network across India, which will be further bolstered in 2009.

In 2008, HMIL also successfully completed 10 glorious years of operations in India and to commemorate its achievements, initiated a unique trans-continental drive from Delhi to Paris in two of its hugely popular i10 Kappa cars. The drive created automobile history by completing a distance of 10,000km in just 17 days after which the i10s were showcased at the Paris Motor Show in October. In fact it was at the Paris Motor Show that HMIL first unveiled the Hyundai i20 and the car received a phenomenal response from the auto enthusiasts across the world. Hyundai Motor India also accomplished the landmark of producing the fastest 20th lakh cars in India in 2008.

Like 2008, the year 2007 had also been a significant year for Hyundai Motor India. It achieved a significant milestone by rolling out the fastest 400,000th export car. Hyundai exported to over 100 countries globally; even as it plans to continue its thrust in existing export markets, it is gearing up to step up its foray into new markets. 2007 also saw the launch of the i10 and yet another path-breaking record in its young journey by rolling out the fastest 1,500,000th car.

Hyundai`s new model i10 made a clean sweep of all the "Car of the Year 2008" awards from the leading automotive magazines and TV channels like BS Motoring, CNBC-TV18 AutoCar, NDTV Profit Car & Bike India and Overdrive magazine. The i10 was also the choice of the discerning automotive media of the country as they conferred the prestigious "Indian Car of the Year" (ICOTY) award to the i10 as well.

The Santro and the Accent also received the "TNS Voice of the Customer - 2008" award for the Premium Compact Car (Santro) and the Entry Mid size Car (Accent). In March 2008 it achieved yet another milestone by rolling out the fastest 500,000th export car.

In 2007, the Hyundai Verna had also bagged some of the most prestigious awards starting with the Overdrive magazine's "Car of the Year 2007", the "Best Mid-size Car of the Year" award from NDTV Profit Car & Bike India, the "Best Value for Money Car" from CNBC Autocar and "Performance Car of the Year" from Business Standard Motoring.

Hyundai cars have been a favorite at all awards ceremonies and has won many awards. The Sonata Embera won the "Executive Car of The Year 2006" award from Business Standard Motoring magazine and NDTV Profit Car & Bike India had declared the Tucson as the "SUV of The Year 2006".

Not only this, HMIL has also been awarded the benchmark ISO 14001 certification for its sustainable environment management practices.

Hyundai Motors launches face lifted new Santro

Hyundai Motors has unexpectedly launched its face lifted version of its flag-ship model, Santro.

Hyundai’s first car in India and the so called original tall boy, Santro has set a firm footing since its official introduction in 1998. The new face lifted Santro has been designed with luxurious interiors and improved exterior features to grab the attention of the customers.

The new face lifted Hyundai Santro comes with a price tag of Rs 2,63,999 for the Non-AC while Santro GLS (LPG) will carry a premium of 3,69,499.Ex showroom Delhi. The colour scheme in the new face lifted Santro will come in 8 exciting colours such as Crystal White, Black Diamond, Sleek Silver, Electric Red, Dark Grey, Silky Beige, Berry Red and Sparkle Blue to appease the buyers.

The original ‘Tall Boy’ Santro has been continuously improved to meet the changing customer needs and has kept itself abreast of the latest technology and design. While the new Santro continues to be powered by the trusted 1.1 eRLX Epsilon engine that develops a whopping 62 bhp and has a proven fuel-economy, durability and power-efficiency.

The new face lifted Santro has many added features to considerably raise the bar for cars in this segment. On the exterior the new Santro will be distinguished by a body coloured Radiator Grille and Full Wheel Cover and the rear gets decidedly more sporty with the addition of a Rear Spoiler which further highlights the new look Santro.

For the interiors, the new face lifted Santro boasts of several significant design revisions with premium sophisticated new fabric in dual-tone Beige & Brown with premium silver touches at multiple locations which adds significantly to the spacious interiors and enhances the visual appeal of the interiors. A rear parcel tray has been added to provide convenient storing for utility items. The new sporty front seats add to the style and comfort factors.

New Hyundai Santro ready to launch in India

India's largest passenger car manufacturer Maruti Suzuki India Ltd has recently launched the new version of it popular model Maruti Zen and now its the turn for country's second largest passenger car manufacturer Hyundai to respond with the new launch and the company is ready to launch the all new Hyundai Santro in Indian auto market. in last few months there was number of new cars launched in small hatchback car segment and to make there position stronger Maruti has introduced all new Zen Estilo in Indian market. Now Hyundai Motor India ready to launch the newer version of its most popular and successful model Hyundai Santro to gain more share in hatchback segment in Indian market. The company official said that all new Hyundai Santro will be launched in Indian market on September 01. The new Hyundai Santro will be priced in the range of Rs 3 to Rs 4 lacs.

H S LHem, Managing Director, Hyundai Motor India Ltd said that the new Hyundai Santro will be launched with some cosmetic changes at its interiors and fully revised exteriors of it. However, he refused to disclosed about the more information about the new car but he said that it will be launched in Indian market on September 01.

Hyundai Motor India also planning to phase out its premium hatchback model Hyundai Getz from Indian market in next two year as company has already launched the new i-series cars, Hyundai i10 and Hyundai i20 in Indian market and Hyundai Getz seems to be getting redundant. Also the sales of Hyundai Getz decreased from past few months. Hyundai planned to phase out Hyundai Getz completely from Indian market by 2011.

Hyundai also plans to launch a new 800cc car in Indian market by next two years as 70% of car buyers in Indian market fall below the price range of Rs 4 lacs. Hyundai is also ready to launch its most awaited SUV (Sports Utility Vehicle) model, Hyundai Santa Fe in Indian market by early 2010.

Toyota launches CNG version of Innova in India

Toyota Kirloskar Motor finally launched CNG version of Innova in India, its multi purpose vehicle that has become ubiquitous on Indian roads. Besides personal use a large number of agencies providing taxi services have included it in their fleet.

Toyota Kirloskar Motor before launching the CNG variant tested various types of CNG kits on Innova at its Bangalore based facility. The new kits for CNG are being supplied by Minda Auto Gas, which is also the original equipment supplier to Hyundai for its flagship car Santro and Maruti Suzuki for its LPG based WagonR Duo.

It is said that Toyota is looking at the CNG option to tap the vast commercial segment of tour operators and fleet owners. Innova is the market leader in this segment.

Toyota is banking on the high-demand of CNG vehicles, which deliver high mileage and offer low cost of operation. Already a large number of CNG and LPG cars are available in the market including General Motors Optra, Hindustan Motors Lancer, and popular compact cars like the Santro and the WagonR Duo.

The Innova, launched in India in 2005, created a different experience for customers with its exterior and interior features that redefined the automobile segment in the country. Since then, the Innova has cut a niche for itself by offering the luxury of a sedan with the performance of an MPV.

The Innova has continued its market leadership in 2008 with a 36% market share in the MPV segment. The Innova is a result of the unique IMV project from Toyota Motor Corporation (TMC) that has broken new grounds in the way automobiles are created.

Hyundai Motor India Limited

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest and the fastest growing car manufacturer in India. HMIL presently markets 34 variants of passenger cars across segments. The Santro in the B segment, the Getz Prime and the i10 in the B+ segment, the Accent and the Verna in the C segment, the Sonata Embera in the E segment and the Tucson in the SUV segment.

Hyundai Motor India, continuing its tradition of being the fastest growing passenger car manufacturer, registering total sales of 327,160 vehicles in the calendar year (CY) 2007, an increase of 9.2 percent over CY 2006. In the domestic market it clocked a growth of 7.6 percent as compared to 2006 with 200,412 units, while overseas sales grew by 11.8 percent, with exports of 126,748 units.

HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts of the most advanced production, quality and testing capabilities in the country. In continuation of its commitment to provide the Indian customer with global technology, HMIL has set up its second plant, which produces an additional 300,000 units per annum, raising HMIL’s total production capacity to 600,000 units per annum.

HMIL is investing to expand capacity in line with its positioning as HMC’s global export hub for compact cars. Apart from expansion of production capacity, HMIL plans to expand its dealer network, which will be increased from 232 to 260 this year.

The year 2007 has been a significant year for Hyundai Motor India. It achieved a significant milestone by rolling out the fastest 400,000th export car. Hyundai exports to over 90 countries globally; even as it plans to continue its thrust in existing export markets, it is gearing up to step up its foray into new markets. The year just ended also saw Hyundai Motor India attaining other milestones with the launch of the i10 and yet another path-breaking record in its young journey by rolling out the fastest 1,500,000th car.

Hyundai’s new model i10 which made its global debut here in India in October, 2007 made a clean sweep of all the ‘Car of the Year 2008’ awards from the leading automotive magazines and TV channels like BS Motoring, CNBC-TV18 AutoCar, NDTV Profit Car & Bike India and Overdrive magazine. The i10 is also the choice of the discerning automotive media of the country as they conferred the prestigious ‘Indian Car of the Year’ (ICOTY) award to the i10 as well. The i10 bagged these awards on the basis of excellence in build quality, handling, driver comfort, safety and ride quality.

The Santro and the Accent also received the ‘TNS Voice of the Customer - 2008’ award for the Premium Compact Car (Santro) and the Entry Mid size Car (Accent). In March 2008 it achieved yet another milestone by rolling out the fastest 500,000th export car.

Last year, the Hyundai Verna bagged some of the most prestigious awards starting with the title of "Car of the Year 2007" by India`s leading automotive publication – Overdrive, the “Best Mid-size Car of the Year” award by the NDTV Profit Car & Bike India Awards 2007, the “Best Value for Money Car” by the CNBC Autocar Auto awards and ‘Performance Car of the Year 2007’ from Business Standard Motoring.

Hyundai cars have been a favorite at all awards ceremonies and have always been winning awards. Our models like Sonata Embera won the ‘Executive Car of The Year 2006’ award from Business Standard Motoring Magazine and NDTV Profit Car & Bike India declared the Tucson as the ‘SUV of The Year 2006’. Not only this, HMIL has also been awarded the benchmark ISO 14001 certification for its sustainable environment management practices.

Santro offered at ten year old price

Scheme offers free insurance, exchange bonus, free car accessories and more

Hyundai Motor India Ltd, India’s largest exporter and fastest growing auto manufacturer, announced special schemes for its customers during the month of December. As part of the scheme, Hyundai is offering free insurance, exchange bonuses and free car accessories on the purchase of Hyundai cars. The flagship model Santro which was launched in 1998 will be available under this scheme at the ten year old, introductory price of Rs 2.99 lakhs.

Hyundai Motor India Ltd has launched the scheme on its entire product range, namely, Santro (GS/GLS/Non-AC), i10 (all variants), Getz (Petrol), Accent (GLE), Verna (Petrol and Diesel). All Santro GL (Solid) purchases will get a special price of Rs. 2, 99,000. Santro Non AC, Santro GLS and i10 buyers will be eligible to get free insurance as well as car accessories worth Rs.7, 000, Rs. 15,000 and Rs. 5,000 respectively.

There are some interesting exchange schemes as well. Hyundai customers can avail the exchange benefits up to Rs. 20,000 on all the above cars. Also, a loyalty scheme has also been announced where in existing Hyundai customers can avail the loyalty discounts up to Rs.20,000 on purchase of new Hyundai Getz (Petrol), Accent (GLE), Verna (Petrol and Diesel) .

On the announcement of December schemes, Hyundai Motor India Ltd, Senior VP, Marketing & Sales, Mr. Arvind Saxena said, "We at Hyundai Motor India are committed to provide the best of benefits to our customers who are already a part as well as new members of of the Hyundai family. The schemes announced will provide our customers with an attractive value for money proposition and with the prevailing economic conditions this should provide an impetus for our sales and offset a part of the ownership cost which has gone up considerably in the past few months.”

Hyundai exports i10s to Sudan

HYUNDAI Motor India Ltd ( HMIL) on Wednesday shipped its first consignment of disassembled knocked down ( DKD) cars to Sudan. With an order for more than 2,000 units, the first shipment comprised 96 DKD units of Hyundai’s i10.



The company’s Sriperumbudur plant near Chennai has been nominated by Hyundai Motor Company as its global manufacturing hub for small cars meant for exports. Earlier, the company was exporting its Santro model to Sudan.

H. S. Lheem, Managing Director of HMIL said that Hyundai i10 has achieved over 100,000 units of export orders in record time of less than seven months from diverse countries spanning different continents making it one of the most popular cars to be launched recently.

Hyundai packs i10 with Kappa punch

HYUNDAI Motor India Ltd (HMIL) on Tuesday rolled out a new model of the i10 compact car fitted with its latest and more powerful 1.2 litre Kappa engine that is expected to give five per cent more mileage than the existing 1.1 litre engine fitted in the car.The new engine also emits less exhaust fumes. The i10 will also have a 4-speed automatic transmission variant, which will be more convenient for women especially in heavy city traffic as they will not have to press the clutch and change gears, HMIL managing director HS Lheem told journalists.

The Kappa i10 is available with Hyundai dealers at an entry level price of Rs 3.9 lakh. This compares with the existing i10 which costs Rs 3.37 lakh. The car is being launched in three variants —the Magna, Sportz and Asta with the high-end automatic transmission model with a sunroof priced at Rs 5,43,644.

This variant will also be fitted with front airbags and an anti-lock braking system. Lheem said the new engine and transmission plant at Sriperumbudur near Chennai has the capacity to produce 2,50,000 units of the new Kappa engine every year for powering the i10 cars to be sold both in the domestic as well as European markets. “The engine has been developed at a huge cost of $450 million over 41 months and will be produced in India for the world market,” he added. Lheem said the existing 1.1 litre engine has been a success and will therefore, continue to power both the Santro and the i10 “but the new Kappa engine will significantly raise the bar in the segment.”

The Kappa engine has an aluminium block, which makes it much lighter than the other engines, improves the power- weight ratio as well as fuel efficiency. It also helps cool the engine more quickly. The engine is fitted with a double overhead cam shaft, 16 valves and 32 bit microprocessor, which enables it to deliver more power with less noise and vibration.

The engine meets the latest Euro5 emission norms and emits only 119 g/ km of carbon dioxide, which is the lowest for this class of cars, Lheem claimed. He said the i10 has been doing well in both the Indian and European markets. The company had sold as many as 7,500 units of the i10 in the domestic market in the last eight months and had an order book of 1.1 lakh units in exports over the last seven months. Over 70 per cent of the car market in India comprises of compact cars.

The fast growing sales of i10 have taken Hyundai’s market share in the country from 19.5 per cent to 25.4 per cent and cover part of the gap with market leader Maruti. Lheem said the company was also working on a diesel variant of the i10, which is currently being exported. However, the cost at the moment was too high for the Indian market. “We are working on ways to reduce the cost of the diesel engine and making it more affordable for the Indian customer, but this, however, will take some time,” he added. HMIL has emerged as the largest exporter of cars in the country. Lheem said that about 40 per cent of the products were being exported from the Indian plant while 60 per cent was sold within the country.

Car-mania continues despite inflation

HYUNDAI Motor India Ltd (HMIL) on Monday reported a34 per cent increase in domestic car sales during June at 21,881 units while the country’s largest car maker Maruti Suzuki recorded a flat growth of 0.7 per cent selling 56,411 units during the month. SUV maker Mahindra &Mahindra (M& M), which markets diesel- run vehicles, recorded an eight per cent growth during the month. Hyundai did well with its i10 and Santro, while Maruti Suzuki notched up a high growth of 48 per cent in the A3 segment with its Swift Dzire and Sx4 models, selling as many as 5,807 units during the month, compared to 3,923 units in June last year. Inclusive of exports, Maruti Suzuki India Ltd reported a slightly higher growth of 2.22 per cent rise in total vehicle sales during June at 61,247 units, compared to 59,917 units in the same month last year.

In the A2 segment, comprising Alto, Zen Estillo, Wagon R and Swift, the company registered a marginal growth of 0.3 per cent at 37,767 units, against 37,646 units in the same month last year. Its M800 model recorded 13.73 per Maruti Suzuki’s sales grew 48 per cent year- on- year cent decline at 5,361 units in June, compared to 6,214 units during the corresponding month last year. Exports during the month stood at 4,836 units compared to 3,917 units in the same month last year, up 23.5 per cent. Hyundai’s overall sales, including exports, were up 45.3 per cent at 40,182 units during June compared to 27,653 units in the same month a year ago, said a company statement. Its exports for the month rose to 18,301 units, against 11,318 units during the same month of the previous year. HMIL sold 33,859 units of hatchbacks Santro, Getz and i10, 6,272 units of Accent and Verna, 47 units of Sonata Embera and four units of its SUV Tucson in June. “At a time when the industry is already under tremendous pressure because of higher interest rates, rise in fuel costs and rising inflation, it is indeed heartening to see that Hyundai products continue to be an affordable and attractive buy for most car buyers,’’ the company’s vice- president Arvind Saxena said.

The company’s i10 has done well and it has sold over 1,00,000 units in less than six months since its launch, he added. Mahindra &Mahindra said its domestic sales in June went up by 8.17 per cent to 18,179 units, against 16,805 units it sold in the same month last year. Its total sales, including exports, grew 8.78 per cent to 19,371 vehicles, compared to 17,807 units in the corresponding period last year, the company said in a statement.

Hyundai comes out with CNG variant of Accent

THE country’s second largest car- maker Hyundai Motor India Ltd (HMIL) on Monday introduced the Compressed Natural Gas (CNG) variant of its mid- size sedan Accent, which will cost Rs 56,500 more than the existing version. The new Accent would be available in dual fuel mode - petrol and CNG, the company said in a statement.

The current petrol version is available for Rs 4.99 lakh (ex- showroom). The dual fuel Accent will use CNG as an alternative fuel. The Accent comes with a1.5 litre petrol engine which, without any modification is compatible with CNG, it added.

Hyundai Motor has tied up with the leading Korean CNG kit supplier CEV, who would provide all the components of the fitment. The kit is not only safe but its advanced Lambda control system ensures adherence to Euro III emission norms, it said.

Last year HMIL had introduced a CNG variant for its flagship model, Santro. It is currently planning to launch LPG variants across all categories, which would kick off with Santro in August. Initially, CNG Accent would be launched in Delhi and the NCR in collaboration with CEV India. “The Accent has been one of our best selling models ever since its launch. Offering it with a CNG kit will only add to its appeal as it will not only be cheaper to run but also eco-friendly,” HMIL managing director H. S. Lheem said.

Late last week, the country’s largest car maker Maruti Suzuki India Ltd launched an LPG variant of its once flagship model M800, priced between Rs 2.05 lakh and Rs 2.26 lakh (ex- showroom Delhi). The new model, M800 Duo, will have dual fuel option of petrol and LPG, the company said.

Hyundai too raising car prices as input costs mount

HYUNDAI Motor India Ltd ( HMIL), the Indian arm of the Korean automobile maker, on Wednesday said it would raise the prices of its products by up to two per cent from the first week of June.



“There has been an increase in the input costs and we have been absorbing it for a while. The situation now is such that we have to pass some parts of it to the consumers,” Hyundai Motor India Ltd senior vice president marketing and sales Arvind Saxena said. He said the company will hike the prices of its various models by up to two per cent. “The price increase will come into effect from the first week of June,” he added.

Hyundai currently sells hatchback models Santro, i10, Getz along with sedans Accent, Verna, Sonata Embera in the country. The companys move to hike prices follows rival Maruti Suzuki India Ltd ( MSIL), which last week hiked prices across various models by between Rs 1,000 and Rs 18,000.

Maruti had hiked the prices of all its petrol variants — the hatchback Swift, sedan SX4 and the Gypsy — by Rs 9,000, while the price of the diesel version of Swift was raised by Rs 15,000. It had also increased the price of all variants of Zen Estilo and WagonR LPG by Rs 1,000 and of Alto and M800 by Rs 1,500.

Prices of all variants of Omni and WagonR Petrol were hiked by Rs 2,000 and that of multi- utility vehicle (MUV) Versa by Rs 8,000. Earlier, in January, Hyundai Motor India had raised the prices of all its models by between two to three per cent.