Showing posts with label Hyundai. Show all posts
Showing posts with label Hyundai. Show all posts

Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter continued to be on a growth trajectory with the domestic sales growing by 17.2% over the same month last year.

HMIL’s total sales for August, 2010 stood at 50,636 units as against 49,521 units in August, 2009 registering a 2.3 % cumulative growth over the same period last year. The domestic sales accounted for 28,601 units as against 24,401 units in August, 2009 while the exports declined by 12.3 % from 25,120 units in August, 2009 to 22,035 units in August, 2010.

Sales Figure of August 2010

HMIL sales August , 2010 August , 2009 (%)
Domestic 28,601 24,401 17.2
Exports 22,035 25,120 -12.3
Cumulative 50,636 49,521 2.3

Hyundai Motor India, the country’s largest exporter and the second largest car manufacturer would be increasing the prices of its products by up to 1.2% across all models, from the 1st of September 2010. This increase is attributed to the increase in input costs.

Announcing the hike in prices, Mr. Arvind Saxena, Director, (Mktg. & Sales) Hyundai Motor India Ltd said, “There has been an increase in the input costs for car manufacturers. We have tried to absorb as much of the cost as we can, to cause as less inconvenience as possible to our valued customers.”


Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered an overall 55.7% growth for the month of December, 2008. The domestic sales grew by 19.3% and exports saw a healthy jump of 96.8% over the current month last year.


HMIL’s total sales for December 2008 stood at 38,402 units. The domestic market accounted for 15,602 units, compared to 13,078 units for the same month last year while the exports totaled 22,800 units in December ‘08, against 11,586 units of December ‘07.


Commenting on HMIL’s 2008 performance Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL said, “Since the last quarter of 2008 the market situation has become extremely challenging. We at HMIL have fared better as we have a strong line up of products in the compact segment which has kept our sales steady. A combination of factors like innovative schemes, established products and a large network is what has helped Hyundai in these difficult times.”


HMIL registered a 49.6% overall growth for the year ending December, 2008 as compared to calendar year 2007. The cumulative sales for 2008 stood at 489,328 units with the domestic markets accounting for 245,397 units which is a growth of 22.4 % over calendar year 2007’s 200,421 units. In the overseas HMIL grew by a healthy 92.5%. The 2008 exports stood at 243,931 units against 126,749 units for 2007. HMIL accounts for around 78% of the total exports for passenger cars from India.


The segment-wise cumulative sales in the month of December, 2008 are as follows: A2 Segment (Santro, i10, Getz & i20) 37,320 units; A3 Segment (Accent & Verna) 1078 units; units, A5 Segment (Sonata Embera) 2 units; and SUV Segment (Tucson) 2 units.







After a big success of the i10, the second largest car manufacturer Hyundai Motor India today launched its latest model – the i20, a premium compact car for its discerning Indian costumers. The premium i20 hatch is a significant addition to the new generation of Hyundai vehicles identified by the `i` prefix.


Commenting on the launch, HMIL Managing Director, H S Lheem said, “The Hyundai i20 that we launch today was first unveiled at the Paris Motor Show in October this year. The overwhelming response to the Hyundai i20 from the automobile media in Europe continues to reaffirm the iconic place our products enjoy all across the world. Hyundai created a new era in the Indian compact segment by introducing the i10 in 2007 which significantly upped the benchmark for the compact cars. The i20 is developed to meet the increasing customer expectations in terms of styling, features and safety to global standards. It is refreshing with its distinctive styling and we are confident that it will revolutionise the Indian automobile space offering an experience of a lifetime to discerning customers in the country.”


Designed to meet the high quality standards, the five-door i20 offers a large interior cabin and stylish exteriors. Featuring Hyundai`s distinctive design motifs – a body coloured radiator grille flanked by piercing teardrop headlamps at the front and a striking rear light clusters – the i20`s modern lines are further strengthened by neat detailing, including colour-co-ordinated bumpers, sills and wing mirror.


The i20`s well-packaged interior boasts of generous levels of standard equipment. All the i20 models have AC/heating, tilt & telescopic steering, 60:40 split folding rear seats, dual tone beige interiors, 2 DIN CD + MP3 Music System, front & rear power windows, refrigerated glove box, a multi information display (which includes trip distance, engine running time, calendar, clock, temperature and audio display) and tachometer, as standard equipment. While the top-end model of the i20 comes with features like fully automatic A/C, leather wrapped steering wheel and TGS knob, steering mounted audio control (a first for this segment), foldable key with keyless entry function, alloy wheels, height-adjustable driver seat, electrically foldable and adjustable outside mirrors and the category first six airbags.


Hyundai is synonymous with class-leading safety and the new Hyundai i20 debuts with exceptionally high levels of active and passive safety equipment. The extensive use of high-tensile steel and latest generation anti-lock brakes (ABS) with Electronic Brakeforce Distribution (EBD) means Hyundai i20 arrives in the market as the safest car in its class putting it head and shoulders above the cars in this segment. Adding to the safety zone are six Airbags – dual front, side and curtain, a testimony of the importance that Hyundai assigns to the well being of its proud customers. This is the first time in India that a car in this segment comes equipped with as many as six airbags to address the requirement of driver and occupant safety.


In keeping with its dynamic styling, i20 rides on an all-new platform with front MacPherson strut, rear torsion beam suspension with front and rear gas shock absorbers and tubeless tyres to deliver unmatched handling dynamics and ride comfort. The new motor driven power steering has also been tuned to deliver quick and accurate responses resulting in effortless city driving.


Focused on being fuel-efficient, the Hyundai i20 comes with a 1.2 litre, Kappa, DOHC petrol engine with a max power of 80PS@5200 rpm and a peak torque of 11.4 kgm@ 4000 rpm. The proven and reliable Kappa engine provides class leading performance and offers the maximum power for any car in this segment. The engine is mated to a 5-speed manual transmission. The new i20 is Euro V ready and meets all the existing emission norms. Similar to its predecessor the i10, the i20 will be manufactured exclusively in India at Hyundai Motor India`s Chennai plant.


Designed for auto enthusiasts, Hyundai i20 will be available in three variants Magna, Asta and Asta (O) and is certain to re-define the segment and set a new benchmark for this class of cars. The new Hyundai i20 arrives with a palette of 7 new solid and metallic exterior hues – including the fashionable Crystal White.



Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, today relocated its existing Hyundai Motor Plaza to a more up market and easily accessible Lower Parel area in the Raghuvanshi Mills Compound in Mumbai.

The new facility is spread across a built up area of 10,157 sq feet area and boasts of a capacity to showcase the entire range of Hyundai cars.

Commenting on the occasion, H S Lheem, Managing Director, HMIL, said, “Maharasthra is an important market for Hyundai. With the opening of our new company owned showroom which boasts of a significantly better ambience at a more accessible location is confirmation of our belief that we take the Mumbai market very seriously and over the years we have been constantly striving to improve our facilities. This new showroom will further highlight our commitment towards our customers and help serve them better.”

Hyundai Motor India has three company owned showroom located in Chennai, Delhi and Mumbai called the Hyundai Motor Plaza which are run and managed by the employees of the company. The Mumbai HMP was earlier located on Peddar Road. This new showroom will provide the customers with much improved service in terms of space and ambience.

Hyundai Motor India has a large sales network in the country, which will grow to around 255 dealers by the end of 2008.


Hyundai Motor India Limited (HMIL), India’s largest auto exporter and the second largest car manufacturer, was today honoured with the ‘Niryat Shree’ Silver Trophy for the year 2005-06 at a function organized by the Federation of Indian Export Organisations (FIEO). The award was conferred for Hyundai’s outstanding performance in export in the Engineering and Metallurgical products under the Non-SSI category.

Hon’ble President of India, Smt Pratibha Devi Singh Patil gave away the award at a glittering function to Hyundai Motor India, President, Mr Ashok Jha.

Last year, Hyundai was the proud recipient of the EEPC ‘Top Exporter of the year’ award for the year 2005- 06. HMIL, which is the largest passenger car exporter from India accounts for roughly 67% of the car exports from India. HMIL in 1999 started exporting with a batch of 20 cars being exported to neighbouring Nepal. Today it exports to 95 countries across the globe and by next year the exports should reach over 100 countries.

HMIL reached the first milestone of exporting 100,000 cars in four years and ten months in October 2004. In October 2005, it exported its 200,000th car followed by its 300,000th car and 400,000th car in October 2006 and August 2007 respectively. In March 2008, Hyundai crossed the half million mark for exports becoming the first Indian manufacturer to reach this figure in the fastest time.

Speaking on the occasion, Ashok Jha, President, Hyundai Motor India Ltd. said, “We are honoured and delighted to receive this award. We understand the critical role of exports in bridging the country’s trade gaps. The honour accentuates our endeavour to be one of the major contributors to India’s rapidly growing economy, playing our part in India’s growth as a manufacturer as well as an exporter.”

Currently, Hyundai Motor India is exporting five of its most popular models, namely, the Santro, i10, i20, Getz and the Accent. HMIL this year will export around 50 per cent of its production to overseas markets namely Europe, Africa, Middle East, Latin America and South East Asia.


Hyundai Motor India Ltd, India’s largest passenger car exporter and the second largest car manufacturer, today announced that the special scheme for the state and central government and PSU employees which was launched during the month of October 2008, has been extended till December 2008 looking at the huge success of the scheme. This scheme is in addition to the special schemes already prevailing for its customers.

The Government employees scheme is even more value added as the discounts offered under the special scheme which was recently announced have increased. Under the scheme, there are special pricing, attractive finance options, etc to enable the government employees to own a Hyundai car. And this is in addition to the full benefit of the reduction of 4% in Excise duty which has also been passed on to the customers.

This scheme is applicable on the entire product range of Hyundai products and there are attractive exchange and loyalty schemes as well. Government employees can avail the exchange benefits up to Rs. 20,000 on all the above cars.

Hyundai has tie-ups with State Bank of India, Axis Bank and HDFC Bank to provide with attractive finance schemes for the government employees for their vehicle purchase. The promotional activities and State Bank of India’s active participation proved vital for the scheme’s success. On the announcement of the scheme, Arvind Saxena, Sr. Vice-President for Marketing & Sales, HMIL, said: "We value the government employees and are pleased with the tremendous response that we have received from them. The scheme announced will provide the government employees with an attractive value for money proposition. We have extended the scheme so that more and more government employees can be benefited “
Government Employee Scheme (December 2008):
ModelCustomer ValueExchange / LoyaltyTotal Offer
Santro GL Rs 24,738Rs 24,738
Santro GLSRs.27,673Rs.7,500Rs 35,173
i10 1.2 SportzRs 18,702Rs.7,500Rs 26,202
Getz PrimeRs.16,280Rs.10,000Rs 26,280
AccentRs.12,200Rs.10,000Rs 22,200
Verna Rs.26,660Rs.20,000Rs 46,660



The Union Government yesterday announced the fiscal stimulus package which brought down the Cenvat applicable to automobiles and other non petroleum products by 4% which will provide the much needed stimulus to the Indian automobile industry.

Hyundai Motor India the country’s second largest passenger car manufacturer and the largest exporter which offers a full range of cars starting from the compact to the premium luxury cars and it will offer its customers the full benefit of the this reduction in Cenvat and has subsequently revised its prices on the entire range of products which are manufactured here and directly affected by this change in Cenvat rate. The price of the SUV Tucson however remains unchanged as it is imported as a Completely Built Unit (CBU).

The competitive price of Hyundai cars are set to become even more competitive after this announcement from the Union Government and the prices of the flagship model Santro would drop by Rs 8,834 for the non AC model while the top end luxury car Sonata will see a price drop of as much as Rs 44,792.

The price changes will be effective immediately.


New Price and savings on each model:
ModelCurrent Price
(Rs.)
New Price
(Rs.)
Saving
(Rs.)
Santro ( Non AC) 265,132 256,299 8,834
Santro (GL) 332,794321,73811,057
Santro (LPG) GLS 373,357 360,865 12,492
i10 (Delite)337,174 325,927 11,247
i10 (Sportz)426,869 412,520 14,349
i10(Asta AT) 543,644 525,263 18,381
Getz (GLE 1.1) 394,089 380,675 13,413
Getz (GLX 1.3) 498,548483,29815,251
Getz (GVS CRDi)564,548545,12619,422
Accent499,904484,36415,540
Verna (i)649,190629,56619,625
Verna (CRDi SX ABS)836,544810,37026,174
Sonata (MT)1,238,5621,200,55638,006
Sonata (CRDi AT)1,447,0141,402,22344,792

All the above prices are Ex-showroom, Delhi

With the expectation that proposed government stimulus will cut excise duty, and in the hope that it will boost demand in a wary market, several major car companies have begum to announce huge discount offers. However, given the restricted availability of retail finances how effective this strategy to clear 2008 stock will be is yet to be seen.

Make

Model

Discount

Period

Chevrolet

Aveo-UVA

Rs. 53,000

December

Optra

Rs. 40,000

December

Spark

Rs. 58,000

December

Ford

Fiesta Diesel

Rs. 51,000

1 Week

Fiesta EXI Petrol variant

Rs. 91,000

1 Week

Hyundai

Getz (Petrol)

Rs. 13,200

December

i10

Rs. 18,100

December

Santro GL (Rs. 3 Lakh only)

Rs. 33,794

December

Santro GLS

Rs. 26,000

December

Verna Diesel Variant

Rs. 23,874

December

Verna Petrol Variant

Rs. 24,270

December

Mahindra Renault

Logan 1.4L Petrol Variant

Rs. 59,000

45 Days, 7 Jan onwards

Maruti Suzuki

Alto

Rs. 15,000

December

SX4

Rs. 20,000

December

Zen Estilo

Rs. 20,000

December

WagnoR

Rs. 35,000

December

Tata

Indica V2

Rs. 35,000

2 Weeks

Indigo Diesel Variant

Rs. 18,000

2 Weeks

Indigo Petrol Variant

Rs. 25,000

2 Weeks

Safari

Rs. 14,000

2 Weeks

Sumo Grande

Rs. 65,000

2 Weeks

Mitsubishi

Lancer

Rs. 25,000

December

Cedia

Rs. 31,000

December

Pajero

Rs. 65,000

December

Outlander

Rs. 65,000

December

* Hyundai discount in the form of free insurance and accessories.



Hyundai Motor India Ltd. 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.”

Model

Offer

Accessories

Customer Value

Exchange

Loyalty
(If Exchange not Applicable)

Santro GL (Solid)

Rs. 2,99,000/- special price

--

Rs.33,794

--

--

Santro Non AC

Free Insurance +

Rs 7,000/- worth Accessories

Rs.15,573

Rs. 7,500

--

Santro GLS

Free Insurance +

Rs 15,000/- worth Accessories

Rs.26,000

Rs. 7,500

--

i10

Free Insurance +

Rs 5,000/- worth Accessories

Rs.18,100

Rs. 7,500

--

Getz (Petrol)

Free Insurance +

--

Rs.13,200

Rs. 10,000

Rs. 10,000

Accent

MP3 Player + Two Front Speakers

--

Rs.7,200

Rs. 10,000

Rs. 10,000

Verna (Petrol)

Free Insurance +

--

Rs.24,270

Rs. 20,000

Rs. 20,000

Verna (Diesel)

Free Insurance +

--

Rs.23,874

Rs. 20,000

Rs. 20,000


Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered an overall growth for the month of November, 2008 while as domestic sales dipped by 23.3% and exports saw a healthy jump of 188% over the current month last year.

HMIL’s total sales stood at 43,105 units. The domestic market accounted for 14,605 units, compared to 19,052 units for the same month last year while the exports totaled 28,500 units in November ‘08, against 9,898 units of November ‘07.

Commenting on the November, 2008 sales Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL summed up the sentiments of the market, “It is becoming increasingly challenging to keep the sales ticking and the footfalls in the showroom across the country has shown a steady downfall which is the combined effect of increase in interest rate, high inflation and economic slowdown. This trend is likely to continue in the coming months too”.

The segment-wise cumulative sales in the month of November, 2008 are as follows: A2 Segment (Santro, i10, Getz & i20) 38,216 units; A3 Segment (Accent & Verna) 4883 units; units, A5 Segment (Sonata Embera) 2 units; and SUV Segment (Tucson) 4 units.



Hyundai Motor India Ltd announced a special scheme for the employees of the central government owned Public Sector undertakings like ONGC, NTPC, etc. Earlier in October the company had launched a scheme for the Government employees. The scheme for PSU employees will run concurrently with the government employees scheme and is expected to add to the efficacy of the existing government employees scheme enabling a larger number of central government employees to purchase a Hyundai product.

The government employees scheme which was launched during the month of October 2008, has been extended till November 2008 looking at the huge success of this scheme. HMIL sold 3000 units under the scheme, which is almost three times the normal month’s sale to government employees. Under the scheme, there are special pricing, attractive finance options, etc to enable the government employees to own a Hyundai car.

In view of the fact that the central government owned PSU employees are due to receive the arrears of their salaries after revision in the Sixth Pay Commission, the arrears can be utilised as a down payment for purchase of a car and the revised salary increment will help them to accommodate their monthly EMI’s.

Hyundai has tie-ups with State Bank of India, Axis Bank and HDFC Bank to provide with attractive finance schemes for the government and PSU employees for their vehicle purchase. The promotional activities and State Bank of India’s active participation proved vital for the scheme’s success.

Arvind Saxena, Sr. Vice-President, Marketing & Sales, HMIL, said: "We have a received a good response for our government employees scheme and we feel that the offer is attractive for a large number of buyers consequently we have extended the scheme for all central government owned PSU employees too. This is one of our ways of saying that we care for our customers and also we can innovate to meet the challenging times.”

Model wise discount on ex-showroom price:

Santro Non ACRs.17,000
Santro GL/GLSRs.22,000
i10 Rs.10,000
Getz 1.1Rs.22,000
Getz 1.3Rs.27,000
Accent ExecutiveRs.12,000
Verna (Petrol &Diesel)
Rs.31,000




Hyundai Motor India, the largest exporter and the second largest car manufacturer, touching the life of millions of Indians, since it rolled out the first Santro on September 23, 1998, today achieved yet another commendable milestone as it reached the 20 lakh sales landmark. This is also the fastest 20 lakh production for any manufacturer in India and Hyundai Motor India achieved this in just around 10 years

HMIL has always been the trend-setter right from the day it started its operations in India. From the record of setting up the plant in just 17 months to becoming the 2nd largest car manufacturer in just 6 months to rolling out 150,000 cars in about 25 months, Hyundai has fulfilled everybody’s expectations. To celebrate this occasion HMIL will offer attractive schemes for all its potential customers.

Commenting on the significant achievement, H S Lheem, Managing Director-HMIL, said, “Since its inception, Hyundai Motor India has been committed to honour the sentiments and desires of the Indian customers and have always brought the best and the latest in automotive technology and design backed by the best of warranty, competitive pricing and a huge sales and service support network. This new record of producing the fastest 20 lakh cars will further empower Hyundai Motor India to play a vital role in the growth of the Indian automobile industry. We sincerely thank all our customers in India and in over 90 countries across the world for choosing to drive with Hyundai.”

As a gesture of goodwill the 20th lakh car was handed over to CRY – Child Rights and You, India’s leading advocate for child rights, which has worked tirelessly over three decades to make sure all children enjoy all their basic rights. Irwin Fernandes, Director, West and Volunteer Action, CRY was handed over the keys by the Hyundai brand ambassador Shah Rukh Khan in a function in Mumbai today.


Hyundai Motor India the country’s largest passenger car exporter and second largest car manufacturer today achieved yet another milestone in its remarkable decade old journey in India. The all-new i20 which was revealed at the recently held Paris Motor Show in October, 2008 rolled out today from HMIL’s Sriperumbedur plant for the first batch of export shipment to the European market.

While ‘Made in India’ Hyundai cars ply in all five continents, Europe has been a popular destination accounting for almost 50 per cent of the company’s total exports. The first consignment of 2,820 units will be shipped to the following countries in Europe: United Kingdom, Germany, Greece, Austria, Croatia, Spain, Belgium, Holland and Hungary.

HMIL reached the first milestone of exporting 100,000 cars in four years and ten months in October 2004. In October 2005 it exported its 200,000th car followed by its 300,000th car and 400,000th car in October 2006 and August 2007 respectively. In March, 2008 Hyundai achieved another significant milestone with its cumulative exports crossing the half-million mark and will attain the 700,000th mark in December 2008.

In the year 2009, Hyundai has set an ambitious export target of 110 countries; thereby increasing its reach to Asia Pacific (Australia, Singapore, New Zealand), Latin America (Martinique), Africa, Middle East (Saudi Arabia, Israel, Palestine) and Europe (Armenia, Georgia, Kazakhstan) while consolidating its foothold in the current markets.

Commenting on the company`s export performance, H S Lheem, MD, HMIL said: “The all-new Hyundai i20 is set to become a best-seller in the Hyundai’s European range. We are proud of the fact that within a month of its world debut, it has received such a phenomenal response. In line with Hyundai India’s positioning as the global export hub for compact cars, we recently started the third shift of operations to meet the anticipated demand. Today, Hyundai cars symbolise global trends and aspirations of our buyers and stand among the very best. “


Hyundai Motor India Ltd, India’s largest passenger car exporter and the second largest car manufacturer, today announced that the special scheme for the state and central government employees which was launched during the month of October 2008, has been extended till November 2008 looking at the huge success of this scheme. HMIL sold 3000 units under the scheme, which is almost three times the normal month’s sale to government employees. Under the scheme, there are special pricing, attractive finance options etc to enable the government employees to own a Hyundai car.

In view of the fact that government employees are due to receive the arrears of their salaries after revision in the Sixth Pay Commission, the arrears can be utilised as down payment for purchase of the car and the revised salary increment will help them to accommodate their monthly EMI’s.

Hyundai has tie-ups with State Bank of India, Axis Bank and HDFC Bank to provide with attractive finance schemes for the government employees for their vehicle purchase. The promotional activities and State Bank of India’s active participation proved vital for the scheme’s success.

On the success of the scheme, Arvind Saxena, Sr. Vice-President for Marketing & Sales, HMIL, said: "We are pleased with the tremendous response that we have received from the Government Employees who undoubtedly feel that this is a good value for money option. We have extended the scheme as we feel that there are many people who fall under the scheme but have not been able to avail of this within the limited period of time”

Model wise discount on ex-showroom price:

Model
Discount
Santro Non AC Rs.17,000
Santro GL/GLS Rs.22,000
i10 Rs.10,000
Getz 1.1 Rs.22,000
Getz 1.3 Rs.27,000
Accent Executive Rs.12,000
Verna Petrol &Diesel) Rs.31,000

Registers 65.8% overall growth in October ‘08
Domestic sales up 9.9%,- Exports register an all
Time high: grows at a whopping 168.4%


Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered an impressive growth in the month of October, 2008, as it recorded an overall growth of 65.8% over the same month last year. Also with the global success of the i10, the exports grew by 168.4% while the domestic sales grew by 9.9% over October, 2007.

The total sales stood at 46,660 units. The domestic market accounted for 20,009 units, compared to18,207 units for the same month last year, the exports totaled 26,651 units in October 08, against 9,929 units of October ‘07.

Hyundai Motor India since the commissioning of its second plant in February 2008 has added to its production capacities and is in a position to meet its requirements in both the global and the domestic market. Recently, HMIL had started its third shift operation at the second plant to meet the increased market demand.

Commenting on the October, 2008 sales Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL said, “At a time when we are faced with one of the most challenging economic scenarios not only in India but globally we are happy to see Hyundai retaining its market leadership position in compact cars and growing steadily. However we feel the growth would have been even stronger had we not faced such an economic situation. In the coming months too if the situation does not ease off then the automotive industry here will be in for very tough times”.

The segment-wise cumulative sales in the month of June, 2008 are as follows: A2 Segment (Santro, i10 & Getz): 40,937 units; A3 Segment (Accent & Verna): 5,703 units; units, A5 Segment (Sonata Embera): 12 units; and SUV Segment (Tucson): 8 units.


Hyundai Motor India Ltd, India’s largest passenger car exporter and the second largest car manufacturer, today announced a special scheme for the state and central government employees. Under the scheme, there will be special pricing, attractive finance options etc to enable the government employees to own a Hyundai car.

In view of the fact that government employees are due to receive the arrears of their salaries after revision in the Sixth Pay Commission, the arrears can be utilised as the down payment for purchase of the car and the revised salary increment will help them to accommodate their monthly EMI’s. The scheme will be run through October and November, 2008.

Hyundai has tied up with State Bank of India, Axis Bank and HDFC Bank to provide with attractive finance schemes for the government employees for their vehicle purchase.

Announcing the scheme, Arvind Saxena, Sr. Vice-President for Marketing & Sales, HMIL, said: "We are pleased to offer this special scheme to all the government employees’ who will soon be enjoying the benefits of their Sixth Pay Commission arrears. It is an attractive scheme and this will be an added incentive for them to purchase a Hyundai car in this festive season."

Model wise discount on ex-showroom price:

Santro Non AC Rs.17,000
Santro GL/GLS Rs.22,000
i10 Rs.10,000
Getz 1.1 Rs.22,000
Getz 1.3 Rs.27,000
Accent Executive Rs.12,000
Verna Petrol &Diesel)
Rs.31,000

Accent GLE changed to Accent executive
engine ps increased from 94 to 95, torque goes up from 12.14 kg-m to 13.5 kg-m
features added: remote keyless entry with anti-theft alarm, central locking, leather wrapped steering wheel and leather wrapped gear knob at no extra cost.
prices are the same at Rs. 4.99 lakh ex-Delhi

Verna Xi 1.6 petrol limited edition
features added:dual tone leather upholstery (seat covers?), leather steering wheel and gear knob at an additional cost of Rs. 36,000 over the regular Xi petrol varient.


Hyundai Motor India Ltd., the country’s largest passenger car exporter and the second largest car manufacturer, as part of its initiative to promote eco-friendly and non polluting means of transport, today launched the much-awaited LPG version of its flagship brand Santro. The LPG variant will be priced Rs 21,500 more than the existing petrol model. The new LPG version of Santro, christened Santro eco (eco is synonymous with environmentally friendly and economy) comes with a factory fitted LPG kit and boasts of features that meet global standards of performance and safety.

Powered by the 1.1 litre, eRLX engine, Santro eco offers its customers a unique combination of reliable performance and unmatched fuel economy. With separate Petrol (35 Litre) and LPG (27.2 litre) tanks, the customers have an option to choose from both LPG and petrol mode. The LPG tank in the Santro eco has a special ‘Toroidal’ design that allows intelligent use of space and makes larger luggage room available to the customer.

Announcing the launch, HMIL, Managing Director, H S Lheem, said, “We have taken a conscious decision at Hyundai to make environment friendly car and we are furthering our initiative of launching alternate fuel vehicle which take this theme forward. We had earlier introduced the CNG Santro and today we are launching the LPG version of our flagship brand Santro. LPG is widely available and we feel that the LPG Santro will appeal to all our customers who are looking for economy, are environmentally conscious and the original fitment of the LPG kit will put to rest safety concerns which retro fitted LPG vehicles have.”

The LPG kit in Santro eco is impact resistant and the entire fitment is approved by DOE (Department of Explosives) and certified and tested by ARAI (Automotive research Association of India), the country’s premier automobile testing and certifying authority. The factory-fitted LPG system in Santro eco enjoys full 2 year manufacturer warranty benefits thus ensuring enhanced safety and peace of mind for the customers. Santro eco also boasts of the lowest greenhouse gas emission as it emits lower CO2, as compared to the petrol or the diesel version, hence making it extremely environmentally friendly.





  • Gold Coin, MP3 player, and Insurance cover with purchase of new car.
  • Offers exciting Exchange Bonuses.
Hyundai Motor India Ltd, India’s largest exporter and fastest growing auto manufacturer, announced a unique customer centric initiative '10 Year Celebration Offer' as it commemorates its Tenth anniversary of operations in India. As part of the scheme, Hyundai is offering free 24 carat gold coins, MP3 player and insurance cover to those purchasing HMIL cars this year.

Hyundai Motor India has launched the scheme on its entire product range, namely, Santro (GS/GLS), i10 (MT), Getz (1.1L/1.3L), Accent (GLE/Executive), Verna (all variants), Sonata (all variants) and Tucson (CRDi). A free gold coin will be given on the purchase of all HMIL cars (except i10 AT and Getz 1.5L CRDi). All Verna purchases as well as the 1.1L and 1.3L Getz purchases will additionally get an MP3 player free. On Santro GL/GLS purchase, apart from the gold coin, it will also come with free insurance cover.

The occasion also marked the announcement of some interesting exchange schemes. There will be an exchange bonus of Rs 15,000 on the purchase of Santro GL/GLS and i10 and of Rs 10,000 on the purchase of Getz 1.1L/1.3L, Accent GLE and all variants of Verna. This bonus is on the exchange of non-HMIL cars also. Exchange of old HMIL cars will fetch an additional bonus of Rs 5,000.

Speaking at the occasion, Hyundai Motor India Ltd, Managing Director, H S Lheem said, "We are celebrating our Ten successful years of Indian operation and as always the customer is still our top priority. And what better way to celebrate this landmark occasion than to offer customers value through our celebrations schemes which makes Hyundai products very attractive for him. This is our way of saying thank you to all our customers who have been with us for a long time now.”

Hyundai Motor India Ltd rolled out the new i10 powered by the all new 1.2 litre advanced Kappa engine at its plant in Chennai. The in-line, four-cylinder, 1.2 litre engine while adding to the power will also deliver greater operational efficiency in terms of both fuel consumption and emissions.

The aluminium block, first in its segment Double Overhead Cam Shaft (DOHC), 16 valve with 32 bit microprocessor Kappa engine delivers a class leading 80PS/5200rpm and 11.4Kgm/4000rpm torque which results in excellent driveability both in city as well as on the highway. The engine is Euro 5 ready and emits only 119g/km of CO2 which is the lowest for this class of cars.

Announcing the launch H S Lheem, Managing Director, HMIL, said, “Efficiencies in fuel consumption and environment are the prerogatives for any automobile manufacturer. And Hyundai, as a conscientious global corporate citizen, prioritises these with continuous innovation in technology and design. Our new Kappa engine is the best in class today, with more power, less fuel consumption and a lower CO2 and overall emissions. The current 1.1L engine has proved to be one of the very successful engines for Hyundai and it will continue to power both the Santro and the i10 but the new Kappa engine will significantly raise the bar in this segment and redefine the expectation from this class of cars”.

The Kappa engine i10 will now be also with an automatic transmission. A four speed 4-speed, automatic gearbox is mated to this all new, powerful engine which will add to the convenience of city driving.

The Kappa i10 has been launched with three variants the Magna, Sportz and the Asta with all top end features like the sunroof, 2-Din audio system, a unique red pack for the Sportz interiors and some class leading safety features like anti-lock braking system (ABS), dual airbags and it is available in 10 colours.