ECONOMY  

AUTOMOBILES

Hyundai Motor India Limited (HMIL)

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest car manufacturer and the largest passenger car exporter from India. HMIL presently markets 33 variants of passenger cars across segments. The Santro in the B segment, the Getz Prime, i10 and the Premium hatchback i20 in the B+ segment, the Accent and the Verna in the C segment, the Sonata Embera in the E segment and the Tucson in the SUV segment.

Hyundai Motor India Ltd, continuing with its tradition of being the fastest growing passenger car manufacturer, registered total sales of 489,328 vehicles in the calendar year (CY) 2008, an increase of 49.6 percent over CY 2007. In the domestic market it clocked a growth of 22.4 per cent with 245,387 units in 2008, while overseas sales grew by 92.5 percent, with exports accounting for 243,931 units in 2008.

HMIL has invested to expand capacity in line with its positioning as HMC's global export hub for compact cars. Apart from the expansion of production capacity, HMIL currently has 251 strong dealer network across India, which will be further bolstered in 2009.

In 2008, HMIL also successfully completed 10 glorious years of operations in India and to commemorate its achievements, initiated a unique trans-continental drive from Delhi to Paris in two of its hugely popular i10 Kappa cars. At the Paris motor show HMIL unveiled the Hyundai i20 and the car received a phenomenal response from the auto enthusiasts across the world. Hyundai Motor India also accomplished the landmark of producing the fastest 20th lakh cars in India in 2008.

For more information visit: www.hyundai.co.in

Maruti Suzuki India Limited

Maruti Suzuki India Limited (MSIL, formerly Maruti Udyog Limited) is a subsidiary of Suzuki Motor Corporation Japan. More than half the number of cars sold in India wears a Maruti Suzuki badge.

The company offer full range of cars- from entry level Maruti 800 & Alto to stylish hatchback Ritz, A-star, Swift, Wagon R, Estillo and sedans DZire, SX4 and sports utility vehicle Grand Vitara.

Since inception, it has produced and sold over 7.5 million vehicles in India and exported over 500,000 units to Europe and other countries.

Its turnover for the fiscal year 2008-09 stood at Rs. 203,583 million & profit after tax at Rs. 12,187 million.

Maruti Suzuki exports entry-level models across the globe to over 100 countries and the focus has been to identify new markets. Some important markets include Latin America, Africa and South East Asia and a brand new offering A-star, Maruti Suzuki is ready to take on European markets.

Maruti Suzuki sold 53,024 units during 2007-08. This is the highest ever export volume in a year for the company, and marked a growth of 35 per cent over the previous year.

In the current fiscal, Maruti Suzuki has exported close to 44,870 units, growing 18 percent over previous fiscal.

For more information visit:www.marutisuzuki.com

Ford India

Established in 1995, Ford India is a wholly owned subsidiary of Ford Motor Company, a global automotive industry leader. Ford India manufactures and distributes automobiles made at its modern integrated manufacturing facility, at Maraimalai Nagar, near Chennai. With over 2100 employees, the company's models include the Ikon, Fusion, Endeavour and the Fiesta. Ford India is in its twelfth year of operations in the country.
Ford India registered a healthy 35% growth in month-on-month sales in February 2009 with 2636 cars sold in February against the 1956 units sold in January 2009. In addition the company posted an 8% growth in year-on-year growth compared to February last year.

For more information visit: www.india.ford.com

Fiat India Automobiles Limited

Fiat India Automobiles Limited is a 50-50 industrial joint venture between Fiat Group Automobiles S.p.A., (Fiat) and Tata Motors Limited (TATA) originally incorporated on January 02, 1997. The company presently employs about 600 employees and is located at Ranjangaon in the Pune district of Maharashtra. The definitive agreement of the joint venture was signed in October 2007.

The company plans to double the production capacity for both car units and engines in the next few years. Currently manufacturing the Palio Stile 1.1, 1.6 models and Linea, premium Fiat car such as the Grande Punto are expected to roll out soon in the B and C segment from the facility.

Fiat, which holds a 50% stake in the company, also owns and controls five internationally renowned brands: - Fiat Automobiles, Alfa Romeo Automobiles, Lancia Automobiles, Abarth and Fiat Light Commercial Vehicles, the makers of renowned cars such as the Ferrari, Maserati, Alfa Romeo and Lancia besides the Fiat branded cars.

For more information visit:www.fiat-india.com/


 
 
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