Hyundai Motor India Ltd was established in the year 1996 and has its headquarters in Chennai. It is the second largest automobile manufacturer in the country. It was formed by Hyundai Motor Company of South Korea. The company manufactures passenger cars and light trucks. They also export their cars across the globe. The company has entered the automobile market in the country and was completely unknown throughout the country. At the time of their entry, there were only five major automobile manufacturers in the nation that are: Maruti, Hindustan, Premier, TATA and Mahindra. At that time Maruti Suzuki had nearly monopoly in the passenger cars segment as TATA Motors and Mahindra & Mahindra were into utility and commercial vehicle manufacturers whereas Hindustan and Premier were both built outdated and uncompetitive products. The company has two manufacturing facilities in Chennai. They believe that they have the most advanced production, quality and testing capabilities in the nation. The company developed Hyundai Motor India Engineering in the year 2006 and started contributing to the development of Hyundai Motors new car models for the national market. The other research and development centres situated across the globe are in United States, Japan, Korea., Germany and China. The current models that are being manufactured are: Hyundai Eon, Grand i10, Xcent, Elite i20, I20 Active, Elantra, Creta and 3rd Gen-Verna. Shahrukh Khan is on board as their brand ambassador and has also won the "Brand ambassador of the year" award for Hyundai i10 at NDTV Profit car and bike awards. The company has recently won the award for Indian Car of the year for Hyundai Verna in 2017.
Indian subsidiary Hyundai Motor India (HMIL) - which contributed 18.6% to global sales in the first half of the year - is looking at growing by 8.5-9% to post its best-ever sales of 600,000 units in the local market in the ongoing calendar year.
Working towards a safer roadmap for India, HMIL announced its voluntary participation in BNCAP with 3 models to begin with, and more models to follow, the company said.
Hyundai i20 N Line is offered with sporty black interiors with athletic red inserts, a BOSE premium 7 speaker system, and an advanced infotainment system, the company said.
The New Elantra N’s global launch coincides with the eighth anniversary of Hyundai Motor’s high-performance N brand, which debuted on September 15, 2015. The refreshed model offers upgraded technology derived from motorsport competition to provide improved stability and comfort with fine-tuned performance, the company said.
HMIL, in its aim to democratize advanced experiences, launched Hyundai Smartsense (ADAS) technology on Venue and Venue N Line, making them India's most affordable SUVs with ADAS.
The two automakers announced that update early in 2023, saying it would address a security flaw that was exposed on TikTok and other social media sites. But in May, The Associated Press reported that thieves were still driving off with Kia and Hyundai vehicles at alarming rates.
The Adventure Edition has been carefully crafted to embody a rugged and dynamic exterior design, while also incorporating adventure-oriented features and gadgets that resonate with the spirited lifestyle of its target audience, the company said.
The New Seltos comes in 18 variants with top of the trim with ADAS– GT-line & X Line in both Diesel and Petrol engines, costing INR 19,79,900 & INR 19,99,900, ex-showroom pan-India, respectively, the company said.
Kia aims to strengthen its play in the mid-SUV segment with the new Seltos as the outgoing Seltos became Kia's best-selling product innovation with more than 5 lakh sales in just 4 years.
Hyundai Motor's South Korean union will hold a four-hour strike on Wednesday, in support of the general strike organized by their umbrella union. The strike is scheduled to take place in two parts, with two hours in the morning and two hours in the afternoon. The Korean Metal Workers' Union also plans to conduct a series of strikes against President Yoon Suk Yeol's administration.
A 'Ranger-Khaki' color Exter of Hyundai Motor India Limited (HMIL) rolled out from the assembly line at the factory in Sriperumbudur located on the west of Chennai about 45 km from Chennai.
While Hyundai Exter matches the pulse of Gen Z to engage in outdoor expeditions, travel and leisure, Hardik Pandya derives a quintessential parallel to these values through his energetic and vibrant lifestyle, the company said.
Developed on the lines of Hyundai’s Global Design Identity of ‘Sensuous Sportiness’, Hyundai Exter draws its inspiration from outdoor, travel and urban lifestyle, the company said.
It will join as an important part of HMI’s strong lineup of SUVs that include Venue, VenueN Line, Creta, Alcazar, KonaElectric, Tucson, and IONIQ 5.
"The new Hyundai Verna is a quintessential depiction of the ultimate science of human engineering. Using the most contemporary manufacturing practices, we have ensured supreme levels of quality, compliance and performance for this new benchmark sedan," Unsoo Kim, MD & CEO, Hyundai Motor India Ltd., said.
The Term Sheet covers the proposed acquisition of (i) Land & Buildings and (ii) Certain Machinery and equipment for manufacturing situated at General Motors India, Talegaon Plant.
HMIL said it will collaborate with ITC's Choupal Saagar and e-Choupal platforms in rural hinterlands and it will progressively be extended for ITCMAARS Rural services for wider reach. "This association is aimed at strengthening HMIL's brand resonance and association with potential customers across the hinterland of India," HMIL Chief Operating Officer Tarun Garg said.
As part of the MY '23 updates, the Hyundai Alcazar will now be offered to customers with 6-airbags as standard (driver, passenger, side, and curtain), while also introducing the Idle Stop & Go feature as stock fitment, thereby enhancing the convenience quotient of this SUV, the company said.
The automaker's sales outlets in the rural areas have crossed the 600-mark already and it has also increased its manpower to over 5,000 people in such places. Hyundai's sales in the rural areas has crossed the one lakh-mark last year.
The new Hyundai AURA combines the aesthetics of a modern design with advanced convenience and safety. The new Hyundai AURA is here to elevate mobility experiences with numerous first and best-in-class segment features, the company said.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Daehan Choi | Unlock to View | Unlock to View | Alternate Director | 20 Apr,2022 |
| Unsoo Kim | Unlock to View | Unlock to View | Managing Director | 25 Jan,2022 |
| Dosik Kim | Unlock to View | Unlock to View | Wholetime Director | 28 Sep,2021 |
| Gang Hyun Seo | Unlock to View | Unlock to View | Director | 16 Jun,2021 |
| Kuen Han Yi | Unlock to View | Unlock to View | Director | 04 Feb,2021 |
| Shanmuga Sundaram Ganeshmani | Unlock to View | Unlock to View | Wholetime Director | 24 Aug,2020 |
| Tarun Garg | Unlock to View | Unlock to View | Wholetime Director | 24 Aug,2020 |
| Jong Hoon Lee | Unlock to View | Unlock to View | Wholetime Director | 09 Apr,2019 |
| Kyung Hee Jung | Unlock to View | Unlock to View | Director | 06 Dec,2018 |
| Choon Hang Park | Unlock to View | Unlock to View | Wholetime Director | 24 Sep,2018 |
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