Page 8 - Hyundai Motor India

On track to record high double-digit sales growth in 2021: Hyundai

The shift towards personal mobility has really helped, Hyundai Motor India Ltd (HMIL) Director (Sales, Marketing, Service) Tarun Garg told PTI in an interaction

No easy rides: Why is India becoming a graveyard for world's auto majors?

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, writes T N Ninan

Hyundai launches 'i20 N Line' in India starting at Rs 9.84 lakh

Hyundai Motor India Ltd on Thursday launched its motorsports inspired 'i20 N Line' priced between Rs 9.84 lakh and Rs 11.76 lakh (ex-showroom). Powered by a 1-litre turbo petrol engine delivering power of 88.3 kW, the Hyundai i20 N Line has been introduced in N6 and N8 variants, the company said in a statement. "As we continue to introduce globally advanced technologies and products to India, i20 N Line will epitomise our strong legacy and DNA into motorsport inspired styling and everyday excitement for all our customers," Hyundai Motor India Ltd (HMIL) Managing Director and CEO SS Kim said. Stating that HMIL is seeking to provide 'exclusive experiences' to its customers with the i20 N Line, he said, "to amplify these experiences, i20 N Line will be available in 188 Signature Dealerships across India." Additionally, Kim said i20 N Line customers will also be facilitated by a 'Personal Mobility Advisor', who will "cater to a hassle-free service experience and enable them with advanc

Hyundai Motor India reports 12% rise in sales in August at 59,068 units

Hyundai Motor India Ltd (HMIL) on Wednesday reported a 12.3 per cent increase in total sales at 59,068 units in August.

Hyundai unveils i20 under N Line; to bring in more models in next few years

Hyundai Motor India unveiled i20 N Line, its first model under the performance-oriented N Line product range in the country, as it looks to cater to the customers who yearn for sporty vehicles

Hyundai Motor India receives over 11,000 bookings for Alcazar model

Hyundai Motor India on Monday said it has received over 11,000 bookings for its recently launched model Alcazar. Launched less than a month ago, the premium SUV has already garnered over 11 000 bookings, the auto major said in a statement. "This superlative response showcases our customer's affinity towards a high value, versatile and premium package that Hyundai Alcazar epitomizes perfectly," Hyundai Motor India Director (Sales, Marketing and Service) Tarun Garg said. The company has already delivered over 5,600 units of the model in the market, he added. "With the addition of this 6 and 7-seater SUV to our line up, we are now offering our valued Indian customers a stellar range of multiple SUVs which will help us to further fortify our SUV leadership in India," Garg noted. The automaker said that 63 per cent of bookings are for the SUVs diesel trims, indicating strong customer acceptance for the fuel efficient 1.5 litre diesel CRDi engine. Additionally, Hyundai has received one

Hyundai India total dispatches increase to 54,474 units in June

Hyundai Motor India Ltd (HMIL) on Thursday reported total sales of 54,474 units in June, up 77 per cent from 30,703 units in May, recovering from disruptions induced by the second wave of COVID-19. The automaker's domestic dispatches to its dealerships stood at 40,496 units last month, as compared to 25,001 units in May this year, the automaker said in a statement. Exports rose to 13,978 units in June, as against 5,702 units in May, it added. "With markets opening up and improvement in customer sentiments, the company is committed to deliver innovative and world class quality products and services meeting and exceeding customers aspirations," HMIL Director (Sales, Marketing & Service) Tarun Garg noted. The newly launched model Alcazar, has been receiving tremendous customer response setting some new benchmarks in the industry, he added.

Three-row SUVs to gain further traction as auto firms line up launches

Auto firms line up launches as segment gains traction

Hyundai Motor total sales dip 48% to 30,703 units in May over April

Hyundai Motor reported total sales of 30,703 units in May, a decline of 48% from 59,203 units it had sold in April this year as coronavirus-induced restrictions across states hit dispatches to dealers

Maruti Suzuki digitises to click with buyers: How exactly does it work?

India's largest car maker is finding traction in the national roll-out of its digital financial services platform

Hyundai Motor India's total sales decline 8% to 59,203 units in April

Domestic sales stood at 49,002 units, while exports were at 10,201 units last month, the company said

Automakers jump in to produce oxygen in the battle against coronavirus

Maruti to shut plant, Hyundai to set up oxygen manufacturing units at hospital

Auto major Hyundai crosses 1 million sales mark for SUVs made in India

South Korean auto major Hyundai on Monday said it has crossed 10 lakh cumulative sales milestone of SUVs made in India. These SUVs have been sold both in India and export markets, Hyundai Motor India Ltd (HMIL) said in a statement. The launch of mid-sized SUV Creta in 2015 accelerated Hyundai Motor India's growth in the segment with cumulative sales of over 5.9 lakh units in the domestic market and over 2.2 lakh units in the export market, it added. Similarly, the company had introduced compact SUV Venue in 2019 and has already sold over 1.8 lakh units in the domestic market, it added. Commenting on the feat, HMIL Director (Sales, Marketing & Service) Tarun Garg said, "As frontrunners in the introduction of revolutionary technologies, we continue to establish new milestones and redefine benchmarks across segments." With over 10 lakh cumulative SUV sales in domestic and export markets, he added, "We have reiterated the promise of Make-in-India over nearly two and a half decades of

Hyundai sales jump 26% in February at 61,800 units, domestic sale up 29%

Hyundai Motor India Ltd (HMIL) on Monday reported a 26.4 per cent increase in total sales at 61,800 units in February. The company had sold 48,910 units in the same month last year, HMIL said in a statement. Domestic sales were up 29 per cent to 51,600 units as against 40,010 units in February 2020, the company added. Exports increased by 14.6 per cent to 10, 200 units in February as compared with 8,900 units in the same month of 2020. "The company has been consistently striving to drive a resurgence in sales, thereby contributing towards economic recovery and bringing the industry closer to pre-Covid level sales. With a cumulative sales of 61 800 units in February 2021, Hyundai has recorded growth across segments," HMIL Director (Sales, Marketing & Service) Tarun Garg said. Both domestic and export demand have recorded healthy double digit growth last month, reflecting an all-round improvement in buyer sentiment, he added.

Hyundai bought chips when rivals didn't; its assembly lines keep rolling

The South Korean automaker kept buying chips even as rivals cut orders to reflect diminished demand because of the pandemic

Hyundai to strengthen SUV lineup in India, vertical continues to outshine

The company led the SUV space in the country with sales of 1.8 lakh units in 2020. It sells models like Venue, Creta and Tucson in the market

US: Kia Motors and Hyundai recovering from days-long network outages

In a statement on Thursday, Kia cited "online speculation" that Kia was hit by ransomware, which scrambles data until a victim pays to have it decoded

Hyundai to invest $200 mn to build localised EVs for mass market in India

The company refuses to give a launch timeline, says it is in talks with battery makers and suppliers to localise a large portion of manufacturing in order to bring the cost down

Sales of Maruti's CNG variants move in top gear amid spike in fuel prices

Improving network of CNG and increase in number of cities where natural gas is now available have also been fuelling growth, company says

Hyundai Motor fourth-quarter profit rises 57% on demand for SUVs, Genesis

Hyundai, which together with affiliate Kia Corp is among the world's top 10 automakers, reported a net profit of 1.3 trillion won