Hyundai i20 Promotional Video
Monday, November 17th, 2008
Hyundai India reaches two million mark!!
Friday, November 14th, 2008Hyundai Motor India has reached a landmark figure of two million cars, which the company has sold in India over the last 10 years. ‘Since its inception, Hyundai Motor India has always brought the best and the latest in automotive technology and design, backed by the best of warranty, competitive pricing and a huge sales and service support network.
This new record of producing two million cars will further empower Hyundai to play a vital role in the growth of the Indian automobile industry,’ said HS Lheem, MD, HMIL.
[Via: indiaautomotive]
Hyundai i20 Launch Delayed….
Saturday, November 8th, 2008It seems that Hyundai is going to delay the launch of i20 in India. I recently visited Hyundai’s showroom to get details about i20’s launch. They said they have no official news about its launch but according to them it is expected to be launched around 15-20th december.
They were sure that it is not going to be launched this month. May be Hyundai doesn’t want to clash it with A-Star which is expected to be launched within a few days. Lets wait n watch….
Hyundai Motor India ships out i20 to Europe
Thursday, November 6th, 2008Hyundai Motor India has rolled out from its Irrungattukottai plant the first batch of all new i20 cars, premiered at the Paris Motor Show last month. The maiden consignment, comprising 2,820 cars, has just been flagged off from the Chennai port for Europe.
i20 is considered a highly significant addition to the new generation of Hyundai vehicles identified by the `i` prefix. It is designed at Hyundai`s European design centre at Russelsheim in Germany. It is designed and engineered to meet the European tastes and needs. The i20 cars exclusively manufactured at the India facility of HMIL.
HMIL makes i20 in three variants - 1.2 litre, 1.4 litre and 1.6 litre - in both petrol and diesel versions. The first export consignment comprises a good mixture of these.
Addressing a press conference here on Wednesday, H.S. Leem, Managing Director, said HMIL could launch i20 in the domestic market sometime in January next. Fielding a range of questions, he said HMIL initially was targeting to export 6,000 units of i20s by November.
The global financial melt-down in its wake had seen some distributors cancel their orders and still others postpone their buys. This had forced HMIL to make lower initial shipment, he pointed out. Export shipments would pick-up in the coming days in the wake of Christmas-eve orders, he pointed out. Mr. Leem said HMIL had fixed an export target of 120,000 nos for i20s next year.
HMIL was hoping to sell 15,000 i20s in the domestic market next year. He admitted that the global melt-down would hit 25 per cent of export sales of HMIL. Nevertheless, he asserted that Hyundai’s thrust on small cars should keep his organization in good stead in a crisis situation like the one the world was through now, where the accent was more on cost and fuel efficiency.
[Via: Newspaper]
Nissan’s SuperMini in India by 2010
Wednesday, October 22nd, 2008The Japanese car maker, Nissan , will launch its super minicar, Nissan March in India by 2010. Tata Nano is slated for launch in early 2009. However, the full scale launch of Nano will be possible only in the second half 2009. In other words, the Singur fiasco has resulted in a boon for Nano competitors.
”The small, next-generation car ‘March’ will be launched in India by 2010 in the ‘A’ segment category. The car would be manufactured at the company’s plant situated at Oragadam in Tamil Nadu, though initially the car would be rolled out from the company’s Thailand facility followed by India,” said Shouhei Kimura, Managing Director, Nissan Motor India. ”We would have a total of nine Nissan models by the year 2012 in the Indian market and this car would be one of the new models,” he added.
[Via: cartradeindia]
Hyundai i20 to hit showrooms next month
Wednesday, October 15th, 2008Hyundai is all set to launch the i20 next month. It is a 5- door, 5-seater hatchback, based on an extended Hyundai Getz platform and design inspired from premium hatchback Hyundai i30, which is launched in Korea and Europe. Globally the i20 will replace the Getz. Here in India, it will be positioned above the Getz, as getz prime is also doing brisk sales. Hyundai i20 will target B or B+ segment customers, pitted against Maruti Swift & Skoda Fabia.
Hyundai i20 had been designed especially to meet the European consumer needs. Like the i10, the Indian customers can taste the upmarket features of an international car once again;for a nominal price, due to local manufacture.
[Via: indianautoblog]
Hyundai for more expansion in India
Friday, October 3rd, 2008South Korean car major Hyundai will invest 50 million dollars (approximately over Rs 200 crore) in expanding its production unit at Chennai in India, as it gears up to go a step further to make the country its global hub with plans to start full-scale shipments of completely knocked down units. The company has launched its new premium hatchback ‘i20‘, which will be mainly exported to Europe, but expected to be launched in India either by the end of this year or early next year.
“We need to set up a fresh press line as to meet demands of newly launched premium hatchback ‘i20′ as well as the ‘i10′. So we will invest around 50 million dollars to set up a fourth press line,” Hyundai Motors India Managing Director H S Lheem told PTI here on the sidelines of Paris Auto Show.
He said a separate unit for the new press line would be set up at the company’s existing plant at Chennai. “I have got approval from the board of the parent company in Korea,” Lheem said, adding the company has also decided to start full-scale exports of completely knocked down (CKD) units from India as well.
“Our estimate is to export a total of 33,000 units of ‘i20′ this year and by next year we will start CKD exports to countries like Australia and New Zealand to save import duties in those markets,” he said.
Hyundai cuts Europe sales
Friday, October 3rd, 2008 Hyundai Motor Co said it expects its European sales to be flat at best this year as the overall market tumbles, slashing its forecast from the 18 percent growth it projected at the start of the year.
“We’d be happy if we could equal last year’s level,” Allan Rushforth, vice president of Hyundai Motor Europe, told Reuters in an interview at the Paris Motor Show on Thursday.Hyundai, the world’s No. 5 carmaker along with affiliate Kia Motors Corp, sold 319,000 cars in Europe in 2007, and had targeted 375,000 units for 2008.
Rushforth, however, was optimistic about Hyundai’s general prospects in the shrinking European market, with key models being launched and supplied in bigger volumes over the next few months in segments that are still growing in Europe.
At the auto show, which opened to the media on Thursday, Hyundai is unveiling the i20 compact, built exclusively for Europe at a plant in India. The car, to go on sale in January, will join the i10 and i30 models for which Hyundai has fallen short of supply in some markets.
To meet brisk demand for the low-margin but high-volume cars, Hyundai is starting production at a Czech factory next month - at least three months earlier than planned - initially at a pace of 200,000 units a year. Rushforth said he expected production to reach full capacity of 300,000 around the middle of 2009.
[Via: guardian]
