Hyundai Motor Company (Hangul: 현대 자동차 주식회사, Hanja: 現代自動車株式會社

Hyŏndae Chatongch'a Chusik-hoesa) (KRX: 005380), a major company in the Hyundai Kia
Automotive Group which is the world’s fifth largest automaker as of the end of 2009.[1] (In
2008, Hyundai ranked the eighth largest auto maker, without including Kia.[2]) and the
world's fastest growing automaker.[3][4]

Headquartered in Seoul, South Korea, Hyundai operates the world’s largest integrated
automobile manufacturing facility[5] in Ulsan, which is capable of producing 1.6 million units
annually. The company employs about 75,000 persons around the world, Hyundai vehicles
are sold in 193 countries through some 6,000 dealerships and showrooms worldwide.

The Hyundai logo, a slanted, stylized 'H', symbolizes the company shaking hands with its
customer. Hyundai translates from the word "modernity", and is pronounced as "Hyon-dae"
in Korean.

Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947.
Hyundai Motor Company was later established in 1967. The company’s first model, the
Cortina, was released in cooperation with Ford Motor Company in 1968. In 1975, the Pony,
the first Korean car, was released, with styling by Giorgio Giugiaro of ItalDesign and
powertrain technology provided by Japan’s Mitsubishi Motors. Exports began in the
following year to Ecuador and soon thereafter to the Benelux countries. In 1991, the company
succeeded in developing its first proprietary gasoline engine, the four-cylinder Alpha, and
transmission, thus paving the way for technological independence.

In 1983, Hyundai exported the Pony to Canada, but not to the United States because the Pony
didn't pass emissions standards there. Canadian sales greatly exceeded expectations, and it
was at one point the top-selling car on the Canadian market. The Pony afforded a much
higher degree of quality and refinement in the lowest price auto segment than the Eastern-
bloc imports of the period then available.

In 1986, Hyundai began to sell cars in the United States, and the Excel was nominated as
"Best Product #10" by Fortune magazine, largely because of its affordability. The company
began to produce models with its own technology in 1988, beginning with the midsize
Sonata.

In 1996, Hyundai Motors India Limited was established with a production plant in
Irrungattukotai near Chennai, India.[6]

In 1998, Hyundai began to overhaul its image in an attempt to establish itself as a world-class
brand. Chung Ju Yung transferred leadership of Hyundai Motor to his son, Chung Mong
Koo, in 1999.[7] Hyundai's parent company, Hyundai Motor Group, invested heavily in the
quality, design, manufacturing, and long-term research of its vehicles. It added a 10-year or
100,000-mile (160,000 km) warranty to cars sold in the United States and launched an
aggressive marketing campaign.

In 2004, Hyundai was ranked second in "initial quality" in a survey/study by J.D. Power and
Associates. Hyundai is now one of the top 100 most valuable brands worldwide. Since 2002,
Hyundai has also been one of the worldwide official sponsors of the FIFA World Cup.
In 2006, the South Korean government initiated an investigation of Chung Mong Koo's
practices as head of Hyundai, suspecting him of corruption. On April 28, 2006, Chung was
arrested, and charged for embezzlement of 100 billion South Korean won (US$106 million).
[8]
As a result, Hyundai Vice Chairman and CEO, Kim Dong-jin, replaced him as head of the
company.

Research & Development

Hyundai has 5 R&D centres worldwide. Located in South Korea, California, United States,
Germany, Japan and Hyderabad, India.[9]

[edit] Business

See also: Hyundai

In 1998, after a shake-up in the Korean auto industry caused by overambitious expansion and
the Asian financial crisis, Hyundai acquired rival Kia Motors. In 2000, the company
established a strategic alliance with DaimlerChrysler and severed its partnership with the
Hyundai Group. In 2001, the Daimler-Hyundai Truck Corporation was formed. In 2004,
however, DaimlerChrysler divested its interest in the company by selling its 10.5% stake for
$900 million.

Hyundai has invested in manufacturing plants in the North America, China, Czech Republic,
Pakistan, India, and Turkey as well as research and development centers in Europe, Asia,
North America, and the Pacific Rim. In 2004, Hyundai Motor Company had $57.2 billion in
sales in South Korea making it the country’s second largest corporation, or chaebol.
Worldwide sales in 2005 reached 2,533,695 units, an 11 percent increase over the previous
year. Hyundai has set as its 2006 target worldwide sales of 2.7 million units (excluding
exports of CKD kits). In 2007 it reached 3,961,629 worldwide vehicle sales—surpassing Fiat,
Chrysler, PSA/Peugeot, Nissan, and Honda.

Hyundai motor vehicles are sold in 193 countries through some 5,000 dealerships and
showrooms. After a recent survey of global automotive sales, Hyundai is now the fourth
largest automaker in the world as of 2009.[10]

Hyundai Motor Company’s brand power continues to rise as it was ranked 72nd in the 2007
Best Global Brands by Interbrand and BusinessWeek survey. brand value estimated at $4.5
billion. Public perception of the Hyundai brand has been transformed as a result of dramatic
improvements in the quality of Hyundai vehicles.

[edit] Hyundai in North AUnited States

The Hyundai Genesis, named the 2009 North American Car of the Year.

The 6th Generation Hyundai Sonata will arrive in North America with hybrid technology
using a lithium polymer battery.

The Hyundai Tiburon, also known as the Tuscani in South Korea.

Hyundai Santa Fe was awarded the Top Pick by Consumer Reports in 2008.

The Hyundai Tucson, also known as ix35 in Europe and Brazil from Second generation.

A Hyundai Universe Space Luxury, the latest modern coach by Hyundai. Successor to the
Hyundai Aero.
Hyundai entered the United States market in 1986 with a single model, the Hyundai Excel.
The Excel was offered in a variety of trims and body styles. That year, Hyundai set a record
of selling the most automobiles in its first year of business in the United States compared to
any other car brand (c. 126,000 vehicles).

Initially well received, the Excel’s faults soon became apparent; cost-cutting measures caused
reliability to suffer. With an increasingly poor reputation for quality, Hyundai sales
plummeted, and many dealerships either earned their profits on repairs or abandoned the
product. At one point, Hyundai became the butt of many jokes (i.e. Hyundai stands for "Hope
you understand nothing's driveable and inexpensive") and even made David Letterman's Top
Ten Hilarious Mischief Night Pranks To Play In Space: #8 - Paste a "Hyundai" logo on the
main control panel.[11]

In response, Hyundai began investing heavily in the quality, design, manufacturing, and long-
term research of its vehicles. It added a 10-year or 100,000-mile (160,000 km) powertrain
warranty (known as the Hyundai challenge) to its vehicles sold in the United States. By 2004,
sales had dramatically increased, and the reputation of Hyundai cars improved. In 2004,
Hyundai tied with Honda for initial brand quality in a survey/study from J.D. Power and
Associates, for having 102 problems per 1000 vehicles. This made Hyundai second in the
industry, only behind Toyota, for initial vehicle quality.[citation needed] The company continued
this tradition by placing third overall in J.D. Power's 2006 Initial Quality Survey, behind only
Porsche and Lexus.[12]

Hyundai continues to invest heavily in its American operations as its cars grow in popularity.
In 1990, Hyundai established the Hyundai Design Center in Fountain Valley, California. The
center moved to a new $30 million facility in Irvine, California in 2003, and was renamed the
Hyundai Kia Motors Design and Technical Center. Besides the design studio, the facility also
housed Hyundai America Technical Center, Inc. (HATCI, established in 1986), a subsidiary
responsible for all engineering activities in the U.S. for Hyundai. Hyundai America Technical
Center moved to its new 200,000-square-foot (19,000 m2), $117 million headquarters in
Superior Township, Michigan (near Ann Arbor) in 2005. Later that same year, HATCI
announced that it would be expanding its technical operations in Michigan and hiring 600
additional engineers and other technical employees over a period of five years. The center
also has employees in California and Alabama.

Hyundai America Technical Center completed construction of its Hyundai/Kia proving

ground in California City, California in 2004. The 4,300-acre (17 km2) facility is located in
the Mojave Desert and features a 6.4-mile (10.3 km) oval track,[5] a Vehicle Dynamics Area,
a vehicle-handling course inside the oval track, a paved hill road, and several special surface
roads. A 30,000-square-foot (2,800 m2) complex featuring offices and indoor testing areas is
located on the premises as well. The facility was built at a cost of $50 million. An aerial view
can be found here.[13] Hyundai completed an assembly plant just outside Montgomery,
Alabama in 2004, with a grand opening on May 20, 2005, at a cost of $1.1 billion. At full
capacity, the plant will employ 2,000 workers. Currently, the plant assembles the Hyundai
Sonata and the Hyundai Santa Fe. It is Hyundai's second attempt at producing cars in North
America since Hyundai Auto Canada Inc.'s plant in Quebec closed in 1993.

In 2003, Consumer Reports, based on complaints about 2002 model new cars that in general
are less than one year usage, ranked Hyundai’s reliability tied with Honda's; however, J.D.
Power and Associates put Hyundai's 2002 vehicles below the industry average according to
its annual Initial Quality Survey, which looks at problems in the first 90 days of ownership.[14]

In 2006, J.D. Power and Associates' quality ranking, overall the Hyundai brand ranked 3rd,
just behind Porsche and Lexus, and beating long time rival Toyota.[15] But Hyundai's ranking
fell to twelfth in 2007.[16]

In the 2007 Strategic Vision Total Quality Awards, Hyundai Motors leads the most vehicle
segments in Strategic Vision’s Total Quality Index, measuring the ownership experience.
They attempt to measure more than just the number of problems per vehicle. Hyundai tops in
Strategic Vision Total Quality Awards. For the first time ever, Hyundai has risen to share the
position of having the most models leading a segment. three models with the top Total
Quality Index (TQI) score in their segments, including the Hyundai Azera, Entourage, Santa
Fe.[17][18]

In 2007 at the New York International Auto Show, Hyundai unveiled its V8 rear-drive luxury
sedan called the Concept Genesis to be slotted above the Azera in the Hyundai line-up. This
concept made its American debut in mid-2008. The Genesis reintroduced rear-wheel drive to
the Hyundai range following a long period of only producing front-wheel drive cars.[19]

In 2007 at the Los Angeles International Auto Show, Hyundai unveiled its second rear-drive
concept car, the Concept Genesis Coupe, will be Hyundai’s first sports car due to make its
debut in early 2009.[20]

In 2008, Hyundai Santa Fe and Hyundai Elantra were awarded 2008 Consumer Reports "top
picks". The magazine's annual ratings, based on road tests and predicted safety and reliability
are considered highly influential among consumers. [21] The Hyundai Elantra was Consumer
Reports' top-ranked 2008 vehicle among 19 other compacts and small family cars, beating
out the Honda Civic, Toyota Corolla and Toyota Prius.[22]

In 2008, at the North American International Auto Show, the production version of the luxury
& performance-oriented Hyundai Genesis sedan made its debut, dealerships will have the
Genesis as soon as summer 2008. In 2008, at the New York International Auto Show,
Hyundai debuted its production version of the performance-oriented rear-drive Hyundai
Genesis Coupe, slated to hit dealerships in early 2009.

In 2009 Hyundai announced the five-door hatchback variant of the Elantra compact sedan
will carry the name Elantra Touring when it goes on sale in the spring as a 2009 model. [23]

In 2009, the Hyundai Genesis luxury sedan was named 2009 North American Car of the
Year, the first for Hyundai.[24] The Genesis has received a number of well-recognized
automobile awards worldwide. It also won the 2009 Canadian Car of the Year after winning
its category of Best New Luxury Car under $50,000.[25] The Hyundai's V8 Tau engine in the
Genesis, which develops 375 hp (280 kW) on premium fuel and 368 hp (274 kW) on regular
fuel, received 2009 Ward's 10 Best Engines award.[26]

In 2009, 4 models from Hyundai and two from Kia, earned the Top Safety Award by IIHS.[27]
In 2009, Hyundai/Kia vehicles were named as “least expensive vehicles to insure”.
Hyundai/Kia vehicles were the least expensive to insure and occupied the 'top five' least
expensive slots, said Insure.com.[28]

In 2009, According to a preliminary report from the Environmental Protection Agency

published in November 2009, which is based on 2009 pre-model year production projections
provided by automakers,[29] Hyundai, at an average of 23.9 mpg-US (9.84 L/100 km; 28.7 mpg-
imp), is the second most fuel-efficient automaker in America, after Honda's combined U.S.

fleet of Honda and Acura models at an average of 23.6 mpg-US (9.97 L/100 km; 28.3 mpg-imp).

[30]

In 2010, According to Consumer Reports reliability survey, Hyundai (including Kia) ranked
4th best automaker in US, behind Honda, Subaru and Toyota. The ratings reflect the
performance, comfort, utility and reliability of more than 280 vehicles that the magazine
recently tested.[31]

In 2010, the Hyundai Equus made its North American debut at the North American
International Auto Show

[edit] US sales

Calendar Year Sales

2000[32] 244,391
2001 346,235
[33]
2002 375,119
2003 400,221
2004[34] 418,615
2005 455,012
2006 455,520
[35]
2007 467,009
2008 401,742
2009 435,064

[edit] Hyundai in Canada

In 1989, Hyundai Auto Canada Inc. opened a stamping and assembly plant in Bromont,
Quebec, employing 800. The plant cost $387.7 million, with Quebec and Canadian federal
government subsidies of $131 million.[36] The plant was designed to manufacture
approximately 2000 Hyundai Sonatas per week.[36] Subsequently, Chrysler and Hyundai
considered a joint venture that would have Chrysler rebranding the Sonata manufactured at
Bromont — only to later announce the deal had failed.[37] The Bromont plant was operational
for four years before it closed — with Hyundai's sales unable to support the plant. With boost
in Sales in 2009, Hyundai Auto Canada Inc. is currently planning to build a new plant in
Canada and resume production in Canada.[38] Hyundai subsequently sold the plant,[38] which
was eventually purchased by AAER Inc., a manufacturer of wind turbines based in Quebec.

[edit] Hyundai In India

Hyundai's manufacturing plant at Irungattukottai near Sriperumbudur, India.

Hyundai Motor India Limited is currently the second largest carmaker after Maruti Suzuki
and largest auto exporter in India.[39] It is making India the global manufacturing base for
small cars. Hyundai sells several models in India, the most popular being the Santro Xing, i10
and the i20. Other models include Getz Prime, Accent, second generation Verna, Tucson, and
the Sonata Transform. Hyundai has two manufacturing plants in India located at
Sriperumbudur in the Indian state of Tamil Nadu. Both plants have a combined annual
capacity of 600,000 units.In the year 2007 Hyundai opened its R&D facilty in Hyderabad
Andhra pradesh , employing now nearly 450 engineers from different parts of the
country.Basically the Hyundai Motors India Engineering (HMIE) gives technical &
engineering support in Vehicle development and CAD & CAE support to Hyundai's main
R&D center in Namyang Korea.

[edit] Hyundai in Europe

On November 2008, Hyundai opened its European plant in Nošovice, Czech Republic,
following an investment of over 1 billion euros and over two years of construction.[40][41] The
plant, which mainly manufactures the i30 for the European market, has an annual capacity of
200,000 cars.[42] The new Hyundai plant is 90 kilometers north of Kia Motors' Žilina Plant in
Slovakia.

[edit] Hyundai in Turkey

Since 1990 Hyundai is active on the Turkish market with the Hyundai Assan Otomotiv joint-
venture. In its first time the company was only the local car dealership. After a success on the
market, the company has decided to open an plant in İzmit. Today it is the fifth largest
automaker of the Turkey.

[edit] Hyundai in Egypt

Hyundai cars are manufactured in Egypt also, the local manufacturer of these vehicles is the
Ghabbour Group which is located in Cairo. They have a big model range and offers sports
models of some car models which are only offered on the Egypt market. Formerly, the
company had assembled vehicles from the GM concern.

[edit] Hyundai in China

mericaMain article: Beijing Hyundai Motor

A joint venture with Beijing Automotive Group, Beijing Hyundai manufactures localized
versions of most Hyundai vehicles, as well as models which are exclusive to the Chinese
market.

In October 2010, Hyundai signed agreement with Sichuan Nanjun Automobile on setting up a
commercial vehicle joint venture--Sichuan Hyundai Motor Co., Ltd. [43]

[edit] Hyundai in Japan

Despite having growing sales worldwide, Hyundai struggled in Japan, having sold only
15,000 passenger cars from 2001 to 2009. Following an announcement on November 2009,
Hyundai pulled their passenger car division out of the Japanese market and focused on their
commercial vehicle division instead.[44]

Electric vehicles
Main articles: Hybrid electric vehicle and Electric vehicle

Since 2004, Hyundai has suppliedabout 3,000 hybrid versions of its Getz and Accent small
cars to government fleets as part of a testing program. The automaker cites a lack of local tax
benefits for purchasing hybrids as a barrier to its hybrid development program. But Hyundai
expects the tax situation to change in 2009.[citation needed]

The new hybrid electric Sonata made its debut at the Los Angeles International Auto Show in
November 2008. Hyundai expects to release it in the U.S. market in 2010, featuring lithium-
ion battery technology.[45]

Hyundai plan to begin producing hybrid electric vehicles in 2009. The company is going to
use Hybrid Blue Drive, which includes lithium polymer batteries, as opposed to lithium-ion.
[46][47][48]
The Avante was be the first vehicle to be produced. Other are the Santa Fe Hybrid,
the Elantra, Sonata Hybrid (to the U.S. market in 2010) and the Hyundai i20, which will
replace the Hyundai Getz.

Hyundai began producing the Elantra LPI Hybrid (or Avante in the local market) was
launched in the South Korean domestic market in July 2009. The Elantra LPI (Liquefied
Petroleum Injected) is the world's first hybrid electric vehicle to be powered by an internal
combustion engine built to run on liquefied petroleum gas (LPG) as a fuel. The Elantra PLI is
a mild hybridand the first hybrid to adopt advanced lithium polymer (Li–Poly)

The Hyundai Blue Will plug-in hybrid has made its U.S. debut at the North American
International Auto Show in Detroit 2010.[51][52]

In 2010 the company is going to launch the mass-market Hyundai i10 EV. Includes a LG 16
KWh lithium-ion battery, for 100 miles (160 km) all electric range, and a 49 KWh electric
motor[53]

At the 2010 Geneva Motor Show, Hyundai unveiled the i-flow , a concept car using a variant
of the BLUE-WILL hybrid system. The i-flow Concept uses a 1.7-liter twin-turbo diesel
engine along with electric batteries to achieve fuel economy of 3 litres per 100 kilometres
(94 mpg-imp; 78 mpg-US). Hyundai says a production car based on the i-flow's design will be in
production by 2011

Competition among automobile companies throughout the world has been fierce. In spite of these conditions, Hyundai
Motor Company has made a giant leap forward thanks to its advanced management philosophy, designed to ensure a
better future for Hyundai Motor Company and its customers. This management philosophy has become even more solid
since the inauguration of Mong–Koo Chung as Chairman and CEO in 1999. Trust and a hands–on management
philosophy are the foundation of Hyundai Motor Company.

Hyundai Motor Company is growing into a brand appreciated by its customers because it is continuously striving to
achieve the single goal of making good quality products with an emphasis on the customer first principle across all
management levels, including production, sales, and service. Moreover, Hyundai Motor will continue building its brand
image as a top global automobile company by handling every task with transparency and fairness from the perspective
of business ethics. Marching into the future through the move forward and growth. It will be reborn as a truly global
company gaining a competitive edge in the global market.

Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter
achieved record sales of 34,725 units in the domestic market this month which is the highest ever since the
company started sales in September, 1998. This is also the first time that HMIL in the last four consecutive
months has achieved over 50,000 units of sale cumulatively.
HMIL sales October, 2010 October, 2009 Growth (%)
Domestic 34,725 28,301 22.7
Exports 17,500 23,434 -25.3
Cumulative 52,225 51,735 0.9
HMIL’s total sales for October, 2010 stood at 52,225 units as against 51,735 units in October, 2009 registering an
increase of 0.9%. The domestic sales accounted for 34,725 units as against 28,301 units in October, 2009 while
the exports dipped by 25.3% from 23,434 units in October, 2009 to 17,500 units in October, 2010.
Arvind Saxena, Director – Marketing and Sales, HMIL reflecting on this month’s performance said, “ the market
has been on an upswing for the last few months but the introduction of the new ‘Next Gen’ i10 has really pepped
up things for HMIL with the new i10 sales growing as much as 26% in the last two months. HMIL’s
strategy of innovating and giving the customers the latest has worked very well for its success and we feel our
customers really appreciate our efforts. The strong domestic demand has forced us to change our product mix
and focus more on the domestic market.”
The segment-wise cumulative sales for the month of October, 2010 are as follows: A2 segment (Santro, i10, i20)
46,399 units; A3 Segment (Accent & Verna) 5,730 units; A5 segment (Sonata Transform) 22 units; Santa Fe
(SUV) 74 units.
(Reuters) - Hyundai Motor Co(005380.KS), South Korea's top
automaker, aims to sell about 17 percent more cars in India this
year as the fast-growing south Asian country boosts consumer
spending, a top official said on Friday.
But exports from Hyundai's unit in India are set to drop by up to 3.5 percent in 2010 as global car
demand loses steam.
Hyundai, the second-biggest car maker in India behind Japan's Suzuki Motor Co's unit Maruti
Suzuki(MRTI.BO), hopes to sell 340,000 vehicles in 2010 from 290,000 last year, H.W. Park,
managing director of Hyundai India, told reporters.
Industry car sales in India jumped a third in the June quarter and the Society of Indian
Automobile Manufacturers Association has forecast full-year sales to grow 12-13 percent in the
financial year ending next March.
India's economy is forecast to expand around 8.5 percent in 2010/11, the fastest pace after
China among major economies, and this is expected to drive demand for cars and other vehicles.
Hyundai, which started operations in India in 1996, has a 19 percent share of the Indian car
market with products such as compact hatchbacks 
Santro, i10 and i20, which compete with Maruti's Alto, Swift, Wagon R and Ritz.
Hyundai is the leading exporter of cars from India, but overseas sales are expected to slow down
to 250,000-255,000 units in 2010 from 259,000 last year, Park said.
"Due to scrappage scheme the demand was very high from Europe last year. Now it has come
back to normal," he said.
In 2009, governments of European countries including the United Kingdom and Germany
introduced schemes selling new cars at a discount in exchange for older cars, to boost the sales
of automobiles.
Hyundai, which also makes sedans such as Accent, Verna and Sonata, suffered a production
loss of 2,000 units worth about 630 million rupees ($13.7 million) due to a three-day strike in
June, spokesman Rajiv Mitra said.
"We will be able to make up this loss in the next two months," he said.
(Reporting by Sanjeev Choudhary; Writing by Janaki Krishnan; Editing by Ranjit Gangadharan)

Hyundai Motors India Limited, (HMIL), the second largest auto player in the country has got

another record of sorts after pushing down Tata from the second position.

Yes, the auto major has achieved a substantial feat of achieving a record sales of 34, 725 units in

the domestic sector. The figure is being classified as the highest ever sales record of the company

since its inception on the Indian automobile arena in September, 1998. Read Full Story »

he total sales of Hyundai India has been recorded as 52,225 units during October, 2010. While in

October 2009, it was 51,735 units. So the company has recorded an increase of 0.9%. The

domestic sales consisted of 34,725 units in comparison of 28,301 units during the month of

October, 2009. The exports rate of the company declined by 25.3% from 23,434 units in October,

2009 to 17,500 units in October, 2010.

An industry expert was of the opinion on the sales figures and was quoted as saying on how the

company has fared with comparison to the same period.

The market is going through an upswing for the past few months but the launching of the new 

The market is going through an upswing for the past few months but the launching of the new

‘Next Gen’ i10 has boosted things for the company. The sales of the new i10 have grown up to

26% during the past two months. The company’s strategy of innovation and providing the

customers with the latest technology has been successful and they feel that their customers are

happy with the company’s efforts.

The powerful domestic demand of company’s products has compelled Hyundai India to change its

product mix and concentrate more on the domestic market, added Saxena. For the month of

October, 2010, the segment wise cumulative sales included 46,399 units in the A2 segment
including models like Hyundai Santro, Hyundai i10,Hyundai i20 etc. Similarly 5730 units were sold

in the A3 Segment which included the models Hyundai Accent as well as Hyundai Verna

Mr. Arvind Saxena, Marketing & Sales, Hyundai Motors India Limited, was quipped as saying.

Hyundai Motors India Limited is a completely owned subsidiary of the South Korean company,

Hyundai Motor Company. It is the second largest car manufacturer in India after Maruti Suzuki

which continues to hold its numero uno slot.

Hyundai had overtaken Tata as they were the second player in India because of its varied product

launches and customer centric products at attractive prices.

On the world automobile front, Hyundai is the biggest exporter of the passenger cars and in India

it sells seven models of passenger car cut across targeted segments. Hyundai Santro, Hyundai i10

and Hyundai i20 forms the crust for A2 segment. A3 segment includes Hyundai Accent and

Hyundai Verna Transform. While its sports utility vehicle (SUV) segment has Hyundai Santa Fe and

A5 segment with Hyundai Sonata Transform.

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