Hyundai Cars in India
Hyundai was founded in 1947 in South Korea. Hyundai Motor Company is one of the most well-known companies of the Hyundai group and it is one the four largest automakers in the world as far as selling units is concerned. Hyundai Motor Company’s headquarters are situated in Seoul, South Korea.
Hyundai Motor Company History
Hyundai was founded in 1947 but Hyundai Motor Company was founded in 1967 and launched its first model Cortina in 1968. The model was in collaboration with Ford Motor Company. Hyundai released the first Korean car named Pony in 1975, in 1983 Pony was exported to Canada. Pony became one of the top selling cars in the Canadian car market at that time.
Hyundai Motor Company started selling cars to the United States of America in 1983. Hyundai cars were very affordable for Americans and thus the company became very successful. This success made Hyundai manufacture a variety of models and more units as well. Hyundai started this operation with the launch of midsize car Sonata in 1985.
Hyundai in India
Hyundai was established in India in 1996 known as Hyundai Motors India Limited and it installed a production plant at Irrungattukotai in Chennai.
Hyundai Motors India Limited is wholly supported by Hyundai Motor Company and is India’s second largest automobile manufacturer, next only to Maruti Suzuki. Hyundai was the newest brand in India during its launch period (1996). The first new car of Hyundai Motors India Limited is the Santro, which was unveiled in the year 1998. The Santro was hugely successful and catapulted Hyundai into a next league within this country.
Just a few months after the Santro’s launch, Hyundai Motors India Limited became the largest automobile exporter of India. Currently Hyundai Motors India Limited has two manufacturing plants in India, both the plants are situated in Tamil Nadu. The most notable thing of these manufacturing plants is that they are capable of manufacturing 6 lac units annually including 1.3 lac transmission systems and engines, and 1.2 lac cars.
Hyundai Motors Founder
Chung Ju-Yung, a successful business tycoon is the founder of Hyundai group and his brothers are the co-founders. Hyundai Groups was divided into several satellite groups in the 1980s. H.W. Park is the Director and CEO of Hyundai Motors India Limited. He plays a great role in developing small cars for India and he constantly focuses on the domestic market.
Park is trying his level best to make Hyundai Motors India Limited come to the top position. A few months ago, in a press conference in Chennai he announced that the organization plans to develop cars that will be smaller and cheaper than their current popular model, the Santro.
Hyundai Motor India Limited motive
South Korean multinational group Hyundai Motor Companies established Hyundai Motors India Limited. The South Korean giant planned to capture an Indian market and started this organization. Indo-Korean partnership drives success to the company. The combination of Korean technology and design with Indian workmanship and skill results in fine Hyundai cars in India. The Indian Hyundai cars are strong competition for others in the same segments. Hyundai Motors India Limited was started in 1996 but in the very next year sales resulted in a revenue of 8.24 billion.
Hyundai Fun, facts, trivia
Hyundai’s slanted “H” logo symbolizes two people shaking hands. (Here, the two people stand for the customer and company). “Hyundai” is a Korean word and it means, “Modernity.”
Hyundai Motor Company functions in 193 countries world-wide and has 6, 000 showrooms and dealerships across the globe. A total of 75, 000 employees are working for the organization.
Hyundai Dealer network in India
Hyundai Motors India Limited has over 250 dealers throughout the country.
The most popular Hyundai dealers are – DSC Hyundai, HMP, K.U.N. Hyundai, Advaith Hyundai, Trident Hyundai, Shrayu Hyundai, Deep Hyundai, Hans Hyundai, Himgiri Hyundai, MGF Hyundai, Rishabh Hyundai, Samara Hyundai, Sunrise Hyundai, A. M. Hyundai, A1 Hyundai, Asset Hyundai, Continental Hyundai, Jaybharat Hyundai, Shreenath Hyundai, Bengal Hyundai, Mukesh Hyundai, Saini Hyundai, Lakshmi Hyundai, Talwar Hyundai, Concept Hyundai, Planet Hyundai, Sharma Hyundai, Planet Hyundai.
Hyundai Used Car Market
India’s used car market is rapidly growing. Most of the leading car companies are launching used car centers where people can buy certified pre-owned cars. Similarly, Hyundai has also launched several used car centers everywhere. The brand name of Hyundai’s used car program is ‘Advantage’. Most Hyundai used cars enter ‘Advantage’ and skilled engineers and technicians check 147 points for quality and renew these cars into once again sellable items. Once these processes are over, the used cars are certified. Smart buyers buy these cars with much satisfaction. Apart from that, Hyundai cars anyway have very good resale value in India.
Hyundai Future Plans
Hyundai Motors plans to production of a small car with an investment of Rs. 800 crores. The main target of this small car will be India. Initially, the plan was to sell this small car only in India, however, now Hyundai Motor Company will export this car to various countries as well.
Hyundai announced that during the end of 2010, the organization plans to unveil the new i40 or Sonata, i30, which will be based on a mini MPV, new i20 mini MPV and Veloster sports by 2011.
In 2010, Hyundai will unveil the new Sonata sedan, Tucson SUV and Equus luxury sedan and by 2011, Hyundai Motors plans to release the Elantra Compact, Accent subcompact, and Veloster sports coupe.
The latest Sonata upgrade will have a 2.0 liter turbo engine that produce 250 horsepower and the model will come with a five or six speed transmission.. More information of the Sonata Turbo and Sonata Hybrid will be revealed when they make their debuts in the New York Auto Show.
Hyundai Current Models
Most of the current Hyundai models are very successful. They are – Hyundai Accent, which was launched in 1999, Hyundai Santro Xing launched in 2003, Hyundai Verna in 2006, Hyundai i10 IN 2007, Hyundai Getz Prime in 2007, Hyundai i20 in 2008 and Hyundai Sonata Transform in 2009, all these models are manufactured by Hyundai India Private Limited. The Hyundai Tucson is an imported model that was launched in 2005.
Hyundai Santro Xing was introduced in 2003 after the discontinuation of the Hyundai Santro. Santro Xing is a hatchback car that boasts Hyundai’s eRLX technology, which gives better mileage and performance. Xing is a fuel efficient car that comes with a five speed transmission. In the Xing, five people can enjoy a comfortable ride. Presently, the Hyundai Santro Xing comes in four variants, whose prices range between 2.65 lacs and 4 lacs. The variants of Santro Xing are – Santro Xing AT, Santro Xing GL, Santro Xing GLS and Santro Xing non A/C.
The Hyundai i10 is another running model of Hyundai Motors and was launched in the year 2007. Hyundai’s i10 is sold not only in India but also world-wide. However, its units are manufactured only in India. The i10 iRDE has a 1.1 liter engine, i10 Kappa has a 1.2 liter engine. The i10 also comes with a diesel variant and i10 electric engine but i10 electric engine is not available now and it is expected to release in India only next year. Currently, in India there are totally six variants of i10s available. They are – i10 Asta 1.2 Kappa, i10 Sportz 1.2 Kappa, i10 Magna 1.1 Kappa, i10 Magna 1.1 iRde, i10 Era 1.1 iRde and i10 D-lite 1.1 iRde. The variants have a price range between Rs. 3.4 lacs and Rs. 5. 34 lacs.
Hyundai’s Sonata is another long run model from Hyundai and the model has been through six generations. The first generation Sonata model was launched in 1985 and this model was a mid-size sedan. The upgraded version of the Sonata is known as the Sonata Transform. There are three versions of Sonata Transform. They come with a 2.4 liter petrol engine that costs Rs. 13.90 lacs, 2 liter diesel engine with manual transmission variant which costs Rs. 14. 90 lacs and two liter engine with automatic transmission variant which costs 15.90 lacs. These are Delhi ex-showroom prices.
Upcoming Hyundai Cars in India
Discontinued Hyundai Models
News for Hyundai
05 December, 2013, 12:20 IST by CarTrade Editorial Team
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