– Registered 2016 cumulative sales of 6,62,054 units with a growth of 2.9%
– ICOTY Winners Grand i10, Elite i20 and Creta continue to be the Super Performer Brands in India
– All New Elantra and Tucson Redefined the Premium Segment
Hyundai Motor India, country’s largest auto exporter and second largest manufacturer today announced that it has first time achieved sales milestone of 5,00,537 units in CY 2016 registering a growth of 5.2% .
Commenting on HMIL’s performance in Calendar year 2016, Mr. YK Koo, MD & CEO, Hyundai Motor India said, “ 2016 has been an Year of Excellence for Hyundai in India achieving various milestones – Celebrating 20 years in India, the roll out of 7 Millionth car in November’16, crossing the 5 lakh domestic sales in CY2016 and the fastest 50,000 unit sales in the month of October. The launch of All new Elantra and Tucson have created new benchmarks in their respective segments signifying Hyundai as a trendsetter brand in India. Hyundai brands have also scored top rankings in both quality and design parameters in IQS and APEAL studies. Hyundai, a lifetime partner in automobile and beyond, will continue to bring world-class products, services to the customers and be a socially responsible corporate to realize long term vision of being the most loved and trusted brand.”
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently has eleven car models across segments – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, Creta, Elantra, Tucson and Santa Fe. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 92 countries across Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India’s number one exporter for the last 10 years consecutively. To support its growth and expansion plans, HMIL currently has 472 dealers and 1205 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavours to be a center of excellence in automobile engineering.