|Country Name||:||South Korea|
Hyundai Motor India Limited, a fully owned subsidiary of the South Korean Hyundai Motor Company in India, first set foot on Indian soil in May 1996 - a time when the country's automobile market was under the complete dominance of just five automakers, namely Maruti Udyog Limited (now Maruti Suzuki), Hindustan Motors, Premier Automobiles Limited, TELCO (now Tata Motors) and Mahindra & Mahindra, while the passenger car segment was practically ruled by none but Maruti. With Mahindra and Tata mainly involved in Utility and Commercial Vehicle manufacture and brands like Ford, Opel and Honda barely a year old in India, Hyundai, despite being a total newcomer in the country's auto-bazaar, became the one to challenge the decade-old undisputed supremacy of Maruti in the field of passenger cars.
The very first car that came out of the stables of Hyundai in India was the iconic Santro, launched on September 23, 1998 and an instant hit with the country's hatchback seekers. After that, it did not take more than a few months for the company to claim the position of the second largest automobile manufacturer and the largest automobile exporter in India, which it proudly holds on to even today. A key unit of Hyundai Motor Company's global export hub, Hyundai India crossed the staggering 1.5 million mark in exported units in March 2012 and presently oversees export operations in more than 120 countries across the globe covering the European Union, Africa, Middle East, Latin America and the Asia Pacific.
At present, Hyundai owns two state-of-the-art manufacturing facilities in India located near Chennai with a combined annual production capacity of 6,30,000 units. Employing the latest tools and technologies for production of vehicles, these manufacturing units are ranked amongst the most advanced production facilities in the country today and are known for their world-class quality standards and unmatched testing capabilities. In order to ensure that these impressive quality and technology standards are not only maintained but also improved with passing time, the Korean auto-giant has established a new-age multi-million dollar R&D center in the cyber city of Hyderabad. Maintenance of service quality standards for the countless buyers of Hyundai cars in India, in the meantime, is the responsibility of the massive network of nearly 346 dealerships and around 800 service centers that the car-major has established in the country.
As far as its parent company is concerned, HMC has been a major part of the automotive industry ever since 1967, when it was founded by a South Korean entrepreneur Chung Ju-Yung. Beginning its automotive journey in 1968 with a car called Cortina, which it had built in coordination with Ford Motor Company, Hyundai, since then, has come a very long way. Together with Kia it forms what is known as the Hyundai Motor Group, which ranks fourth in the list of the world's largest automobile manufacturers today. From its Seoul headquarters, the automaker sells vehicles in about 193 countries around the world with the help of an amazing worldwide dealership network of 6000 dealerships and showrooms. In order to meet the staggering demands for Hyundai cars across the globe, the company has also built itself the ultimate manufacturing facility in Ulsan, which is the largest integrated automobile production unit in the world and is capable of chucking out as many as 1.6 million units on an annual basis.
Hyundai, being a pretty experienced and brilliantly successful game-player of the automotive field in India, has put together a remarkable fleet of cars for its massive pool of buyers. Spanning across the domains of hatchbacks, sedans and SUVs, this exceptional fleet of cars has something fantastic to offer everybody. Currently, a total of 9 models feature on the squad of Hyundai cars in India, presenting buyers with a range that not only covers various different segments of cars but also offers sufficient options to choose from in most of them. Included in this fabulous group of cars at present are Hyundai EON, Hyundai Santro, Hyundai i10, Hyundai Grand i10 and Hyundai i20.
Included in the extensive fleet of cars that Hyundai has on sale in India are models ranging from entry-level hatchbacks to premium hatchbacks to executive sedans to premium sedans to even Sports Utility Vehicles. With every member of this widely varying range of cars, comes a price tag which also varies on an equally wide scale. That's the reason why, this collection gets to flaunt so many different traits - luxury, affordability, richness, practicality - all at once. Out of these, the quality of affordability is best depicted by Hyundai EON, which comes tagged with a price of Rs 2,93,457 and is the least expensive Hyundai car in India at present.
Being an active participant and an aggressive competitor of the premium segment of cars of the Indian auto-market, Hyundai has got some truly spectacular models on its team. Defined by extremely desirable traits like those of exotic looks, rich interiors, superior grade equipment, plush comforts and fabulous performance, these select models are those cars that have it all. All, except for easy affordability. Costing a little extra cash for the excellent features that they offer in return, these models tend to get more expensive as we climb up the range. Currently, the most expensive model belonging to the Hyundai India camp is Hyundai Santa Fe, which comes priced at Rs 23,60,059.
Over the past four decades that Hyundai has been involved in the automobile industry, it has built some truly brilliant automobile engines, including the likes of the V8 Tau engine that drives the Genesis and has been presented with the 2009 Ward's 10 Best Engines award. The same legacy has been brought by the manufacturer from South Korea to India as well, loading its cars in India with a similar excellence of engineering. With its offerings often being listed amongst the most fuel-efficient cars of the country, the one Hyundai car that promises to return the best mileage figures among them all is Hyundai Grand i10 which comes at a cost of Rs 4,31,953.
Intent upon keeping its stronghold over the Indian automobile market intact with passing time, Hyundai has continuously been introducing new and improved models from time to time. And these new introductions have always succeeded wonderfully in giving a tough fight to rival clans of Maruti Suzuki India, Honda Cars India, Ford India and Chevrolet India amongst others. Over the coming days, the models that are going to join this celebrated auto-clan in India are Hyundai i10 Sedan, Hyundai Santa Fe and Hyundai Tucson.
The Hyundai Motor Company, a division of the Hyundai Kia Automotive Group, is South Korea's largest and the world's fifth largest Automaker in terms of units sold per year.Its headquarters are in Seoul, South Korea. In Ulsan, South Korea, Hyundai operates the world's largest integrated automobile manufacturing facility, which is capable of producing 1.6 million units annually. The Hyundai logo, a slanted, stylized 'H,' is said to be symbolic of two people (the company and customer) shaking hands. Hyundai means
Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967. The company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968. In 1975, the Pony, the first Korean car, was released, with styling by Giorgio Giugiaro of ItalDesign and powertrain technology provided by Japan's Mitsubishi Motors.In 1991, the company succeeded in developing its first proprietary gasoline engine, the four-cylinder Alpha, and transmission, thus paving the way for technological independence.