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    Hyundai

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    Mitchele Biggy
    Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company of South Korea and is the second largest and fastest growing car manufacturer in India. HMIL markets over 26 variants of passenger cars across six segments. HMIL recorded sales of 215,630 vehicles in 2004, a growth of 43% over 2003. It is India's fastest growing car company, having produced over 700,000 cars since inception. HMIL also has the largest car exports from India, exporting over Rs. 1,700 crores worth of cars in 2004.

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    Hyundai

    Uploaded by

    Mitchele Biggy
    79 views1 page
    Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company of South Korea and is the second largest and fastest growing car manufacturer in India. HMIL markets over 26 variants of passenger cars across six segments. HMIL recorded sales of 215,630 vehicles in 2004, a growth of 43% over 2003. It is India's fastest growing car company, having produced over 700,000 cars since inception. HMIL also has the largest car exports from India, exporting over Rs. 1,700 crores worth of cars in 2004.

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    Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company of South Korea and is the second largest and fastest growing car manufacturer in India. HMIL markets over 26 variants of passenger cars across six segments. HMIL recorded sales of 215,630 vehicles in 2004, a growth of 43% over 2003. It is India's fastest growing car company, having produced over 700,000 cars since inception. HMIL also has the largest car exports from India, exporting over Rs. 1,700 crores worth of cars in 2004.

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    79 views1 page

    Hyundai

    Uploaded by

    Mitchele Biggy
    Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company of South Korea and is the second largest and fastest growing car manufacturer in India. HMIL markets over 26 variants of passenger cars across six segments. HMIL recorded sales of 215,630 vehicles in 2004, a growth of 43% over 2003. It is India's fastest growing car company, having produced over 700,000 cars since inception. HMIL also has the largest car exports from India, exporting over Rs. 1,700 crores worth of cars in 2004.

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    ompany Profile Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor

    Company, South Korea and is the second largest and the fastest growing car manufacturer in India. HMIL
    presently markets over 26 variants of passenger cars in six segments. The Santro in the B segment, Getz
    in the B+ segment, the Accent in the C segment, the Elantra in the D segment, the Sonata in the E
    segment and the Tucson and Terracan in the SUV segment.The company recorded combined sales of
    215,630 during calendar year 2004 with a growth of 43% over year 2003. HMIL is India's fastest growing
    car company having rolled-out over 700,000 cars in just over 70 months since its inception and is the
    largest exporter of passenger cars with exports of over Rs. 1,700 crores. HMIL has recorded a staggering
    growth of 149% in exports over the year 2003. HMILs fully integrated state-of-the-art manufacturing
    plant near Chennai boasts some of the most advanced production, quality and testing capabilities in the
    country. In continuation of its investment in providing the Indian customer global technology, HMIL has
    announced plans for its second plant, which will produce 150,000 units per annum, raising HMILs total
    production capacity to 400,000 per annum by 2007. The plant will be built on a 2.1 million square meter
    site adjacent to the existing facility with an investment of 450-500 million on its new integrated facility.
    HMIL is investing to expand capacity in line with its positioning as HMCs global export hub for compact
    cars. Apart from expansion of production capacity, HMIL plans to expand its dealer network, which will
    be increased from 146 to 180 this year. And with the company's greater focus on the quality of its after-
    sales service, HMIL's service network will be expanded to over 1,000 in 2005.HMIL has many awards in
    its bouquet. It was declared 'The Star Company'? amongst unlisted companies by Business Standard this
    year. Getz got the coveted 'Car of the Year 2005'? award twice over. It was declared a winner by both
    Business Standard Motoring and CNBC-TV18 Autocar Auto awards. Hyundai Elantra won the CNBC-TV18
    Autocar 'Best Value for Money'? Car Award.HMIL was also the 'Manufacturer of the Year'? two years in
    a row in 2002 and 2003. ICICI Overdrive Awards declared Hyundai as the 'Car Maker of the Year'? in
    2003. Hyundai products with state of the art technology have also been winning many accolades over
    the years. Santro bagged top honours in JD Power Asia Pacific for three years. Accent was ranked No. 1
    in J D Power Asia Pacific APEAL for two years and also got Business Standard Motoring Jury award for its
    CRDi model. HMIL has also been awarded the benchmark ISO 14001 certification for its sustainable
    environment management practices.

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