Mumbai, July 23, 2019: Hyundai Motor India Ltd, India’s
First Smart Mobility Solutions Provider and largest exporter since inception, today announced a price increase up to Rs 9,200/-on account of increase in input costs due to new enhanced safety regulations in cars by the government. The new prices will be effective from August 1, 2019 across all models.
About HMIL
Hyundai Motor India Limited (HMIL) is a wholly
owned subsidiary of Hyundai Motor Company (HMC). HMIL is the second largest car
manufacturer and the number one car exporter since inception in India. It
currently has ten car models across segments SANTRO, GRAND i10, ELITE i20,
ACTIVE i20, XCENT, VERNA, ELANTRA, VENUE, CRETA & TUCSON. 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 91 countries across Africa, Middle East,
Latin America, Australia and Asia Pacific. To support its growth and expansion
plans, HMIL currently has 494 dealers and more than 1,319 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 centre endeavours to be a center of excellence in
automobile engineering.
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