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Hyundai Motor India reaches 30 lakh production & sales milestone

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Announcement Corporate
Last Updated : Jan 21 2013 | 4:14 AM IST

Launches special ‘Hyundai Triple Assurance Program’ to celebrate the occasion

 

Hyundai Motor India Ltd. (HMIL), the second largest car manufacturer and the largest passenger car exporter, today reached a historic milestone with the sale of its vehicles, including exports, reaching 30 lakh (3 million) mark. The occasion marked the announcement of several attractive schemes & promotions for all the existing and potential consumers of HMIL.

On the occasion, H. W. Park, Managing Director & CEO, HMIL, said, “Today is a red-letter day for all of us at Hyundai family. We are extremely delighted to share this achievement with all our stakeholders and we believe this was possible because of our total commitment to the Indian market and the faith our customers have put in our products. Needless to say we will continue to build “Brand Hyundai” in the market here and bring in the best of products and technology. It is also a proud moment for all of us because India has emerged as the largest export base for our small cars and the Chennai made cars can be seen on the roads of five continents now.”

HMIL started operation in 1996 and the first Santro rolled out in September, 1998. Right from the beginning HMIL has always been the trend-setter. 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. Hyundai Motor achieved this remarkable distinction of reaching the 30 lakh car production in a record time of less than 12 years. With this achievement, HMIL becomes only the second manufacturer in India to have achieved this distinction.

To commemorate the special occasion, HMIL has introduced a unique initiative to ensure “peace of mind” for its esteemed customers. The ‘Hyundai Triple Assurance Program’, a three-pronged nationwide scheme, will offer customers a host of incentives to enjoy a hassle-free driving experience.

The 'Maintenance Assurance Program’ assures zero expenditure on all maintenance services for three years or 50,000 kilometres, whichever is earlier. The ‘Motor Assurance Program’ will provide comprehensive motor insurance and add on coverage for a maximum of five occupants for an amount up to Rs. 200,000 per person.

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The ‘Warranty Assurance Program’ offers extended warranty for the third year or up to distance of 60,000 km. Besides this, this scheme also includes free roadside assistance for two years. The Hyundai Triple Assurance Program will be available to the buyers of the Santro and the i10, and will be available from 5th – 25th August, 2010.

And that’s not all. As a special ‘thank you’ to customers, an Exchange/Loyalty offer of Rs 15,000 for a Hyundai car owner and an exchange amount of Rs 12,000 for any other car for an i10 or Santro. So, Hyundai will make sure that owning a Hyundai car is as much of a pleasure as driving one!

About HMIL

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. HMIL presently markets 6 models of passenger cars across segments. The A2 segment includes the Santro, i10 and the i20, the A3 segment includes the Accent and the Verna Transform, the A5 segment includes the Sonata Transform.

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. To cater to rising demand, 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.

In continuation with its commitment to providing Indian customers with cutting-edge global technology, HMIL has set up a modern multi-million dollar research and development facility in the cyber city of Hyderabad. It aims to become a centre of excellence for automobile engineering and ensure quick turnaround time to changing consumer needs.

As HMC’s global export hub for compact cars, HMIL is the first automotive company in India to achieve the export of 10 lakh cars in just over a decade. HMIL currently exports cars to more than 110 countries across EU, Africa, Middle East, Latin America, Asia and Australia. It has been the number one exporter of passenger car of the country for the sixth year in a row. To support its growth and expansion plans, HMIL currently has a 294 strong dealer network and 586 strong service points across India, which will see further expansion in 2010.

 

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First Published: Aug 04 2010 | 5:36 PM IST

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