Ad Here  
January
February
March
April
May
June
 
 
Creating Tamil Nadu Banana brand Is Indian telecom industry heading for a monopoly? Chola MS launches motor app Business Breif Auto test tracks launched at GARC Oragadam campus World labour laws at a glance SumInfra- corridor based development... Research needs more funding Rating of states to be released soon Reality bytes European crisis is a global crisis! Indigo stays leader with 40 per cent share BRICS development bank Realty sector takes a break... When Centre visits the state Apple maps – finding its way Automotive Vision Plan II... TCS’ revenues cross Rs 100,000 crore On the ‘milky’ way Backpack laboratory Ridley marathon to India Big-ticket investments march towards Punjab Four daughters and a proud father TOP 10 CEO Compensation Business Briefs - Changing dynamics in human resource management Steel loses its sheen ALL – truck industry is recovering from degrowth Brand leaders come forward... Economic issues take a back seat at G20 summit LVB gears to become a financial supermarket Need to focus on ease of doing business... Strategy war escalates between Hero and Honda Nigeria comes nearer ALL to launch electric busses TII-challenging year with flat growth Flexible labour laws… Techies trip to India Well-refined – RIL’s refinery margins zoom Durga - India’s largest blast furnace; now operational ISRO's 100th mission Hero Motocorp - smooth ride Digital retail transactions stabilise at higher level… Investor friendly Japan Bridging the skill deficit in pharma industry Realising double digit growth in Tamil Nadu Airlines wage price war Striking cords for 25 years… Schwing Stetter India joins hands with US-based Gomaco Secured NCDs from Shriram City Blue Star plans a new plant in south Sun Edison launches solar pumps Focus on self-certification and third party inspection Tata Steel commence operations at Kalinganagar Adding Zest to Scooty Time to fast-pace the logistics sector STFC raises money Economic, business and social sustainability Placing the right shoe forward... Towards peace of mind Carrefour’s quick exit WABCO’s second Chennai plant Downsizing spree... Indian Bank – global businesses crosses Rs 3 lakh crore... ALL-two launches in a row Chennai will soon get its World Trade Centre People Flow Day- Safety Three more leather clusters… IFCI to raise NCDs upto Rs 2000 crore TiE applauds innovative entrepreneurs ECGC expands operations Purdue and IIT-M sign the dotted line Make way for the new and dynamic railways An aerospace-defence cluster in Tamil Nadu… CUB: towards card-less withdrawal Dynamic e-commerce scenario Nothing to hide... Industry-well poised to invest on expansion OBO Bettermann for better lightning protection Curbing steel imports will hurt small business... A global plastic event in India Innovation that helped Chennai port Celebration time at MS Chola Murugappa- a year of consolidation An American alliance in the chemical industry? TN budget pragmatic and moderate on fiscal deficit Chennai Port is at last decongested! Housing Innovation Challenge, 2015 Gem of social service... Hyundai excites again Chola MS net crosses 100 crores Veritas Finance- financing the unfinanced Holiday Inn opens in OMR Chennai Inclusive and forward moving... TVS Logistics – another acquisition to sharpen the business model TII’s single largest investment at Thiruthani Smart controls for cooling large multi-zone spaces ... Chennai to get a roundabout Metro Pharma market dozes More gensets and diesel engines from TAFE AirAsia India infuses funds to fight out competition Connecting the unconnected Applauding enterprise... Illicit markets a concern to growing economy Scoot offers just Rs.13,500 to ANZ... Climate change may change the way businesses work... Celebrating 180 years of relevance The new look- 4s Verna Waste, a gold mine
 
Hyundai excites again

THE RECENT LAUNCH of the hatchback Elite i20 marks Hyundai’s 4th global premier in India. With four variants in petrol and diesel, the car is priced in the range Rs 4.98 lakh – Rs 7.80 lakh. Launching the model, Rakesh Srivastava, Senior Vice President, Sales & Marketing, Hyundai Motor India Ltd. (HMIL) said: “The Elite i20 is a premium compact car. Since its booking opened on 1 August, we have picked up bookings for 4600 units.”

This calendar year, Hyundai’s market share has increased by 2.3 per cent to 23 per cent, largely due to increase in sales volume of new launches apart from expansion in channel partners, strong process in terms of customer engagements and flexible production capacity. HMIL, the second largest producer of passenger cars in India, had recently shifted its Europe export base to the Czech Republic and Turkey  to cater to its largest export market. Markets in Latin America, Asia, Middle East, Australia and New Zealand will now be focused to offset the loss in export volume.

The company aims to grow over 15 per cent rate, higher than the industry CAGR of 12-13 per cent by bringing in products in new segments and refurbish existing models, said Srivastava.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com