Hyundai

Hyundai aims to overtake Maruti by decade’s end

Hyundai aims to overtake Maruti by decade’s end

The Indian arm of South Korean car manufacturer Hyundai has set an ambitious target to overtake Maruti Suzuki to grab leadership position in the country's compact car market by the end of current decade.

Hyundai Motor India, which is currently the second-largest carmaker in India, aims to overtake Maruti by launching news compact cars.

The company's chief coordinator, C H Han, said that South Korea-based parent firm had asked its Indian subsidiary to win leadership position and become the most-loved brand in India.

Hyundai launches Santa Fe luxury SUV in India

Hyundai launches Santa Fe luxury SUV in India

Auto major, Hyundai Motor India has announced the launch of its luxury SUV Santa Fe in the Indian market.

The internationally acclaimed SUV will be imported in to the country through the completely built units (CBU) route from South Korea, according to Director, Marketing and sales Arvind Saxena.

Hyundai Leads Asian Brands’ U.S. Gains as Sales Slow

Hyundai Leads Asian Brands’ U.S. Gains as Sales Slow

U.S. sales of Hyundai Motor Co. led Asia-based automakers had gone up in June as fading consumer confidence cooled and demand could be seen for new cars and trucks.

Hyundai, South Korea’s largest automaker’s sales had leaped up 35 percent from the previous year and set a record for the month. The company’s U.S. unit reported the news yesterday. Toyota Motor Corp’s, the world’s biggest automakers had a sales hike of 6.8 percent. It was 6.2 percent for Honda Motor Co. and 11 percent for Nissan Motor Co.

Tata Motors outshines Hyundai India

Tata Motors outshines Hyundai India

After launching products like Santro and i10, Hyundai didn't take much time to scale up to become the second largest passenger car maker in the country but perhaps the Nano will prove to be the volume generator for Tata motors.

The largest home-grown auto major has recently outshined the Indian arm of the Korean automaker, Hyundai Motors and has become the second largest passenger car maker in the country.

Hyundai grows by 18.9% in the domestic market

Hyundai grows by 18.9% in the domestic market

While the Indian arm of the Korean auto major, Hyundai has been facing tough competition from the products matching the likes of Beat and Figo, but the company has been able to keep up its growth momentum in the Indian market.

Notably, the company has sold close to 46,254 units, way up as compared to the 47,266 units that the company sold in the month of June, 2009.

It is to be mentioned here that the company has sold close to 27,366 units in the domestic circuit, which is way up as compared to the 23,016 units it sold in the month of June, 2009 registering a growth of 18.9 %.

Hyundai to focus aggressively on i20

Hyundai to focus aggressively on i20

After the first premium hatchback launched in the country, Getz hasn’t been able to bring the desired volumes at the door of the company; Hyundai has now decided to pull off the plug as far as the Getz is concerned in the Indian market.

Notably, the Korean carmaker is expected to focus more aggressively on the other offering i20 for the future growth.

Hyundai Plans to Focus on i20 and phase out Getz

Hyundai Plans to Focus on i20 and phase out Getz

Getz, which was the first premium hatchback in the country, has been having a miserable run in the past few months. This has led to Hyundai motor India Ltd’s decision to phase out the car. People who have more knowledge about the matter, said that Hyundai is now looking to focus on the other car in the segment i20 and try and attain greater success. Getz was launched in 2004 priced at 4.5 lakhs as an option for those customers who wanted to upgrade from basic hatchbacks like Alto, Maruti 800 and Hyundai’s very own Santro.

Hyundai’s H800 to be unveiled at the auto expo 2012

Hyundai’s H800 to be unveiled at the auto expo 2012

While Hyundai has been able to compete with the market leader Maruti Suzuki in its playfield of the small cars for the past years that it has been operating in the Indian market, but it is believed that the company will take a few more years before it can attack the entry-level segment of hatchbacks in the Indian market.

Notably, the company had announced a few months back that it will be launching an 800cc model for the Indian market but if the officials are to be believed, it will take another few years for the company to launch the model.

Hyundai Upgrades Verna

Hyundai Upgrades Verna

To target a rapidly growing car market, Hyundai has announced plans to launch a new car smaller than the Santro. On Wednesday, Hyundai Motor India Ltd. also launched an upgraded version of its Sedan, the Verna. Verna Transform, which has a distinct sporty look, dynamic features, a 1.6 liter petrol engine is priced 6.55 lakhs – 7.5 lakhs. The 1.5 liter diesel version is priced between 7.87 – 9.21 lakhs. The company is expecting to sell around 2000 units every month in the domestic car market.

Hyundai may launch Verna Transform on June 23 in India

Hyundai may launch Verna Transform on June 23 in India

Automaker, Hyundai India might be getting ready to launch its Verna Transform on June 23 instead of the 2011 Hyundai Verna that was unveiled at the Beijing Auto Show this year.

The improved version features a host of feature enhancements and significant improvements on the exterior of the car. The interior of the transformer also has some improvements over the earlier model.