Hyundai Motor India Ltd has marked year 2014 as the “Year of Excellence” in India. The country’s second largest car manufacturer sold over 4.10 lakh units in the Indian car market in 2014. Adding to it, the company also registers its highest market share of 21.6 per cent in the history of 16 years in India. It is also one of the fastest growing automobile makers in the country, thanks to its successful product launches including the Grand i10, Xcent compact sedan, Santa Fe and the recently introduced the Elite i20.
Hyundai Motor India is also the country’s largest car exporter, which is exporting cars to over 100 countries from the company’s manufacturing unit in Chennai. India have also witnessed 3 global premieres- Grand i10, Xcent and Elite i20, and the company is now readying Elite i20 based crossover for the Indian market. The crossover will go on sale in early 2015. Moreover, the company will also launch ix25 compact SUV, Verna facelift, Elantra facelift and new Sonata in the country.
Commenting on Hyundai’s successful 2014 year, Mr. BS Seo- MD & CEO, HMIL said, “2014 has been an excellent year for Hyundai Motor India and it demonstrates the continued confidence that our customers have in Hyundai and our trendsetter products. We surpassed our targets of selling 4 lakh vehicles in the domestic market by adding new products like Xcent, Elite i20 and Santa Fe to our robust product portfolio. All our products have witnessed a stunning success in the respective segments, setting modern style and technology leadership benchmarks. Our network presence is one of our key strengths and reiterates our commitment to the customers. We intend to continue our growth in 2015 and with new products coming next year, we will create the right conditions to reinforce our claim to leadership over the long term.”
