HMILHyundai Motor India Ltd
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HMIL sells a range of vehicles starting from entry- level small car Eon to premium sport utility vehicle ( SUV) Santa Fe, which are priced between ` 3.
Arvind Saxena, Director, Marketing and Sales, HMIL, said, We are pleased to announce this partnership with United Bank of India as our customers will greatly benefit with the competitive rates and convenient locations that the bank provides.
At HMIL as well there are no immediate plans for a new line; after all the second line in Irungattukottai near Chennai just opened in early 2008 but the total capacity of 600,000 units will need to be augmented soon by at least 50 per cent.
HMIL and Hyundai Motor Company Namyang RandD Engineers have worked closely from the conceptual stage to the final product development.
HMIL is focusing on various strategies and is also looking at newer markets like Latin America and Africa.
YK Koo, managing director, Hyundai Motors India Ltd, said, 'Exports have been integral to HMIL and we are happy to have had a great partnership with the Chennai Port, which has only grown and strengthened over the years.
HMIL also saw its highest- ever monthly domestic sales at 47,015 units during the month compared with 38,010 units in October 2014, up 23.
Commenting on the introduction of new engine variant of Eon, B S Seo, Managing Director and CEO, HMIL said, Hyundai Eon has been a trendsetter of style, performance, design and finesse in its segment and has received good acceptability and appreciation from its customers.
8 (ANI-Business Wire India): Hyundai Motor India Limited (HMIL), the largest exporter and second largest car manufacturer in India, today announced that HMIL will be the official car partner for the ICC Cricket World Cup 2011.
HMIL was initially engaged mainly in mine exploration.
The domestic market continues to show a steady growth, but the exports have slowed down especially in the EU countries in the absence of any fresh incentives from the respective governments there," HMIL Director (Marketing and Sales) Arvind Saxena said.