Professional Documents
Culture Documents
INTRODUCTION
1
INTRODUCTION
Brand awareness
Brand awareness is a marketing concept that measures consumers' knowledge of a
brand's existence. At the aggregate (brand) level, it refers to the proportion of consumers
who know of the brand.
Brand awareness means the extent to which a brand associated with a particular product
is documented by potential and existing customers either positively or negatively.
Creation of brand awareness is the primary goal of advertising at the beginning of any
product's life cycle in target markets. In fact, brand awareness has influence on buying
behaviour of a buyer. All of these calculations are, at best, approximations. A more
complete understanding of the brand can occur if multiple measures are used.
A brand equity is the positive effect of the brand on the difference between the prices that
the consumer accepts to pay when the brand known compared to the value of the benefit
received.
There are two schools of thought regarding the existence of negative brand equity. One
perspective states brand equity cannot be negative, hypothesizing only positive brand
equity is created by marketing activities such as advertising, PR, and promotion. A
second perspective is that negative equity can exist, due to catastrophic events to the
brand, such as a wide product recall or continued negative press attention (Blackwater or
Halliburton, for example).
Colloquially, the term "negative brand equity" may be used to describe a product or
service where a brand has a negligible effect on a product level when compared to a no-
name or private label product. The brand-related negative intangible assets are called
“brand liability”, compared with “brand equity”
2
Research on metrics
There has been discussion in industry and practice about the meaning and value of
various brand awareness metrics. Recently, an empirical study appeared to put this debate
to rest by suggesting that all awareness metrics were systematically related, simply
reflecting their difficulty, in the same way that certain questions are more difficult in
academic exams
Brand recall
Brand Recall is the extent to which a brand name is recalled as a member of a brand,
product or service class, as distinct from brand recognition. Common market research
usage is that pure brand recall requires "unaided recall". For example a respondent may
be asked to recall the names of any cars he may know, or any whisky brands he may
know.
Some researchers divide recall into both "unaided" and "aided" recall. "Aided recall"
measures the extent to which a brand name is remembered when the actual brand name is
prompted. An example of such a question is "Do you know of the "Honda" brand?". In
terms of brand exposure, companies want to look for high levels of unaided recall in
relation to their competitors. The first recalled brand name (often called "top of mind")
has a distinct competitive advantage in brand space, as it has the first chance of
evaluation for purchase.
Brand Recognition
Brand Recognition is the extent to which a brand is recognized for stated brand attributes
or communications. In some cases brand recognition is defined as aided recall - and as a
subset of brand recall. In the case, brand recognition is the extent to which a brand name
is recognized when prompted with the actual name. A broader view of brand recognition
is the extent to which a brand is recognized within a product class for certain attributes.
Logo and tagline testing can be seen as a form of brand recognition testing. For example,
if a product name can be associated with a certain tagline, logo or attribute (safety and
Volvo; "Just do it" - Nike) a certain level of brand recognition is present.
3
NEED OF THE PROJECT
The basic need of the project is to understand the service of Hyundai Motors
Limited products and identify what are the gaps in service. The idea behind the
projects is to identify what is the brand and service range of Hyundai Motors
Limited products in Hyderabad market. Company wants to know whether service
process working properly or not? And are retailers satisfied with the service
practice? Company also wants to distinguish the availability of Hyundai Motors
Limited products and visibility in market through promotional materials.
The need of project arises from company to improve its service practice in
order to have better market placement in Hyderabad market. So, for that they
needed in-depth analysis of the problems which would also generate some fresh
ideas for the improvement.
4
SCOPE OF PROJECT
The study is conducted within Hyderabad town and its various parts.
Hyderabad was divided in two regions which are one town and two Town. The
survey is conducted in Automobile shops situated in all regions which are
exclusive in sales of Hyundai Motor India Limited.
5
RESEARCH METHODOLOGY
Definition: Research methodology is the specification of the method of acquiring the
information needed to the structure or to solve the problem at hand.
It is the pattern of the framework of the project that stipulates what information is
to be collected, from which source and by what method.
Each day I met 5 customers for 4 weeks the sample size of 100 respondents was
decided upon. Any problem and issues were noted and were informed to our guide later.
Secondary Data: Secondary data is the annual report of the company and the official.
Research Objective:
To study about the four wheelers.
To study about the Hyundai Motor India limited products.
To know about the brand image of Hyundai Motor India limited.
To know the performance level of Hyundai Motor India limited products.
To know about why the customer like this Network.
Are they happy with the service?
To know about what customer needs and what the company is providing.
6
SAMPLING
Sampling Procedure: The sampling technique use here was Quota Sampling, which is
one of the most commonly used non-probability sample design.
Sampling Unit: The target population from which the sample is chosen is owners of all
brands of cars.
Sample Size: The sample of 100 from the target population was chosen.
Analysis Used: The data collected in form of questionnaires was tabulated and analyzed
using basic statistical method percentages.
7
LIMITATIONS OF THE STUDY
As the time given for the completion of the project was limited.
The survey was restricted to Hyderabad and Secunderabad only.
They may be few opinions which might have been missed out.
The sample size taken is only 100 and as such is very small as compared to the
universe, this is due to the constraints of time and effort, and as such may not be
enough to generalize to the entire population, however it is presumed that the
sample represents the universe.
Respondents might have responded with the actual feelings of facts while giving
responses to the questionnaire.
Time being a limiting factor was not sufficient to gather opinions from majority
of the respondents, who form part of the universal sample.
While every care as been taken to eliminate perceptual bias from the side of the
researcher and the respondents however certain element of bias might have set in
to the research inadverantly.
8
CHAPTER-II
INDUSTRY PROFILE
&
COMPANY PROFILE
9
INTRODUCTION
The Indian auto industry is one of the largest in the world. The industry accounts for 7.1
per cent of the country's Gross Domestic Product (GDP). The Two Wheelers segment
with 81 per cent market share is the leader of the Indian Automobile market owing to a
growing middle class and a young population. Moreover, the growing interest of the
companies in exploring the rural markets further aided the growth of the sector. The
overall Passenger Vehicle (PV) segment has 13 per cent market share.
India is also a prominent auto exporter and has strong export growth expectations for the
near future. In April-March 2016, overall automobile exports grew by 1.91 per cent. PV,
Commercial Vehicles (CV), and Two Wheelers (2W) registered a growth of 5.24 per
cent, 16.97 per cent, and 0.97 per cent respectively in April-March 2016 over April-
March 2015. In addition, several initiatives by the Government of India and the major
automobile players in the Indian market are expected to make India a leader in the 2W
and Four Wheeler (4W) market in the world by 2020.
Market Size
The sales of PVs, CVs and 2Ws grew by 9.17 per cent, 3.03 per cent and 8.29 per cent
respectively, during the period April-January 2017.
Investments
In order to keep up with the growing demand, several auto makers have started investing
heavily in various segments of the industry during the last few months. The industry has
attracted Foreign Direct Investment (FDI) worth US$ 15.79 billion during the period
April 2000 to September 2016, according to data released by Department of Industrial
Policy and Promotion (DIPP).
Some of the major investments and developments in the automobile sector in India are as
follows:
Electric car maker Tesla Inc. is likely to introduce its products in India sometime
in the summer of 2017.
South Korea’s Kia Motors Corp is close to finalising a site for its first factory in
India, slated to attract US$1 billion (Rs 6,700 crore) of investment. It is deciding
10
between Andhra Pradesh and Maharashtra. The target for operationalising the
factory is the end of 2018 or early 2019.
Several automobile manufacturers, from global majors such as Audi to Indian
companies such as Maruti Suzuki and Mahindra & Mahindra, are exploring the
possibilities of introducing driverless self-driven cars for India.
BMW plans to manufacture a local version of below-500 CC motorcycle, the
G310R, in TVS Motor’s Hosur plant in Tamil Nadu, for Indian markets.
Honda Motorcycle and Scooter India (HMSI) has inaugurated its 900th Honda
Authorised Exclusive Dealership in India, thereby taking its total dealership
network to 4,800 across the country and further plans to increase its network to
5,300 by end of 2016-17.
Hero MotoCorp Ltd seeks to enhance its participation in the Indian electric
vehicle (EV) space by pursuing its internal EV Programme in addition to
investing Rs 205 crore (US$ 30.75 million) to acquire around 26-30 per cent stake
in Bengaluru-based technology start-up Ather Energy Pvt Ltd.
JustRide, a self-drive car rental firm, has raised US$ 3 million in a bridge round
of funding led by a group of global investors and a trio of Y Combinator partners,
which will be utilised to amplify JustRide’s car sharing platform JustConnect and
Yabber, an internet of things (IoT) device for cars that is based on the company’s
smart vehicle technology (SVT).
Ford Motor Co. plans to invest Rs 1,300 crore (US$ 195 million) to build a global
technology and business centre in Chennai, which will be designed as a hub for
product development, mobility solutions and business services for India and other
markets.
Cummins has plans to make India an export hub for the world, by investing in top
components and technologies in India.
Suzuki Motor Corporation, the Japan-based automobile manufacturer, plans to
invest Rs 2,600 crore (US$ 390 million) for setting up its second assembly plant
in India and an engine and transmission unit in Mehsana, Gujarat.
Mr Masayoshi Son, Chief Executive Officer, SoftBank Group, has stated that Ola
Cabs may introduce a fleet of one million electric cars in partnership with an
11
electric vehicle maker and the Government of India, which could help reduce
pollution and thereby transform the electric mobility sector in the country.
China’s biggest automobile manufacturer, SAIC Motor, plans to invest US$ 1
billion in India by 2018, and is exploring possibilities to set up manufacturing unit
in one of three states – Maharashtra, Andhra Pradesh and Tamil Nadu.
Suzuki Motorcycle India Pvt Ltd has started exports of made-in-India flagship
bike Gixxer to its home country of Japan, which will be in addition to current
exports to countries in Latin America and surrounding countries.
General Motors plans to invest US$ 1 billion in India by 2020, mainly to increase
the capacity at the Talegaon plant in Maharashtra from 130,000 units a year to
220,000 by 2025.
FIAT Chrysler Automobiles has recently invested US$280 million in its
Ranjangaon plant to locally manufacture Jeep Compass, its new compact SUV
which will be launched in India in August 2017.
Government Initiatives
The Government of India encourages foreign investment in the automobile sector and
allows 100 per cent FDI under the automatic route.
Some of the major initiatives taken by the Government of India are:
The Government of India plans to introduce a new Green Urban Transport
Scheme with a central assistance of about Rs 25,000 crore (US$ 3.75 billion),
aimed at boosting the growth of urban transport along low carbon path for
substantial reduction in pollution, and providing a framework for funding urban
mobility projects at National, State and City level with minimum recourse to
budgetary support by encouraging innovative financing of projects.
Government of India aims to make automobiles manufacturing the main driver of
‘Make in India’ initiative, as it expects passenger vehicles market to triple to 9.4
million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.
The Government plans to promote eco-friendly cars in the country i.e. CNG based
vehicle, hybrid vehicle, and electric vehicle and also made mandatory of 5 per
cent ethanol blending in petrol.
12
The government has formulated a Scheme for Faster Adoption and Manufacturing
of Electric and Hybrid Vehicles in India, under the National Electric Mobility
Mission 2020 to encourage the progressive induction of reliable, affordable and
efficient electric and hybrid vehicles in the country.
Road Ahead
India’s automotive industry is one of the most competitive in the world. It does not cover
100 per cent of technology or components required to make a car but it is giving a good
97 per cent, as highlighted by Mr Vicent Cobee, Corporate Vice-President, Nissan
Motor’s Datsun.
Leading auto maker Maruti Suzuki expects Indian passenger car market to reach four
million units by 2020, up from 1.97 million units in 2014-15.
Mr Young Key Koo, Managing Director, Hyundai Motor India Ltd, has stated that India
is a key market for the company, not only in terms of volumes but also as a hub of small
products for exports to 92 countries.
Mr Joachim Drees, Global CEO, MAN Trucks & Bus AG, has stated that India has the
potential to be among the top five markets, outside of Europe, by 2020 for the company,
which is reflected in the appointment of its most experienced managers to India for
increasing volumes and exports out of India.
The Indian automotive aftermarket is estimated to grow at around 10-15 per cent to reach
US$ 16.5 billion by 2021 from around US$ 7 billion in 2016. It has the potential to
generate up to US$ 300 billion in annual revenue by 2026, create 65 million additional
jobs and contribute over 12 per cent to India’s Gross Domestic Product#.
According to Mr Guillaume Sicard, president, Nissan India Operations, the income tax
rate cut from 10 per cent to 5 per cent for individual tax payers earning under Rs 5 lakh
(US$ 7,472) per annum will create a positive sentiment among likely first time buyers for
entry level and small cars.
13
Automobile industries in India
14
Eicher Motors Ltd (EML), incorporated in 1982, is the
flagship company of the Eicher Group in India and a
leading player of the Indian automobile industry. Its 50-
50 joint venture with the Volvo group, VE Commercial
Vehicles Limited, designs, manufactures and markets
reliable, fuel-efficient commercial vehicles of high quality and modern technology...
Ashok Leyland is the 2nd largest manufacturer of
commercial vehicles in India, the 4th largest
manufacturer of buses in the world and the 16th largest
manufacturer of trucks globally. With a turnover in
excess of US$ 2.3 billion (2012-13) and a footprint that
extends across 50 countries, they are one of the most fully-integrated manufacturing
comp...
TVS Motor Company is among the top ten two-wheeler
manufacturers in the world, with annual turnover of
more than US$ 1.6 billion in 2014-2015, and is the
flagship company of the, US$ 7.29 billion TVS Group.
The company has a production capacity of 3 million
two- wheelers and 120,000 three-wheelers a year. TVS Group spans across industries like
...
Bajaj Auto is a part of the Bajaj Group, which was
founded by Mr Jamnalal Bajaj in 1926. The Group's
footprint stretches over a wide range of industries,
spanning automobiles (two-wheelers and three-
wheelers), home appliances, lighting, iron and steel,
insurance, travel and finance. Bajaj Auto is one of the foremost motorcycle
manufacturers...
15
between Hero Cycles Ltd and Honda Motor Company. It was then known as Hero Honda
Motors Ltd, but since 2010 following its separation with the Honda Group, the company
is known as Hero.
Hyundai Motor India Ltd (HMIL) is a wholly owned
subsidiary of Hyundai Motor Company (HMC). It is the
largest passenger car exporter and the second largest car
manufacturer in India. It currently markets 10 car
models across segments (the classification is done on
the basis of the length of the automobiles) - in the A2 segment it has the Eon, Santro etc..
16
Maruti Suzuki Maruti Suzuki India Ltd (MSIL),
commonly referred to as Maruti and formerly known as
Maruti Udyog Ltd, is an automobile manufacturer in
India. The company is engaged in the business of
manufacture, purchase and sale of motor vehicles,
automobile components and spare parts (automobiles).
Passenger vehicles (Cars, UVs, Vans) sold a total of 251,642 units reporting a growth of
8.63%. Total passenger vehicles sold in May 2016 were 231,640 units. The UV space
fueled the growth of PVs as it grew by 18.80% by selling 69,845 units last month.
Number of passenger cars sold last month stood at 166,630 units growing by 4.8%.
Slowdown in domestic sales of commercial vehicles continue after the pre-buy season
last year. In the domestic market, ponding month. Sales of M&HCV declined by 33% last
month. The industry sold a total of 13,574 units in May 2017 as agianst 20,780 units in
the same month last corres
Light commercial vehicles sales increased by 14.32% as 36,741 units of LCVs were sold
last month.
Scooters have added to the overall two-wheeler growth in the domestic market as the
two-wheeler space boomed by 11.89%. Introduction of new new models and BS-IV
variants is sighted as one of the main reason for the fresh demand of two-wheelers.
A total of 563,326 units of scooters were sold last month as agianst 454,213 units in May
2016, growing by 24.02%. Motorcycle sales clocked a total of 1,060,746 units growing at
7.72%.
17
May 2017 has also been good on the exports front. Passenger vehicle exports grew by
25.59% by exporting 64,707 units.
Exports of LCV's declined by over 45% forcing the overall commercial vehicle to report
a decline in exports by 27.49%. M&HCV exports increased marginally to 3,523 units in
May 2017 as compared to 3,482 units in May 2016.
Also read: Complete India Auto Sales Analysis: PV makers post double-digit growth;
two-wheelers on growth trajectory
The two-wheeler industry exported a total of 230,444 units last month as againt 219,679
units in May 2016, growing by 4.90%.
Overall exports of automobiles increased by 8.89% in May 2017 as the industry exported
329,068 units across all vehicles segment. The industry had exported 302,198 units in
May 2016.
18
COMPANY PROFILE
COMPANY PROFILE
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor
Company (HMC). HMIL is the largest passenger car exporter and the second largest car
manufacturer in India. It currently has ten car models across segments – Eon, Grand i10,
19
Elite i20, Active i20, Xcent, Verna, Creta, Elantra, Tucson and Santa Fe. 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 87
countries across Africa, Middle East, Latin America, Australia and the Asia Pacific.
HMIL has been India’s number one exporter for the last 10 years consecutively. To
support its growth and expansion plans, HMIL currently has 475 dealers and more than
1,226 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 center endeavours to be a center of excellence in automobile
engineering.
20
1987
Excel is the best selling imported compact car in the U.S. for 3 consecutive years
1988
Launch of Sonata, Hyundai Motor’s mid-sized luxury sedan
1989
Overseas exports of Excel surpass 1 million units
1990
Launch of Elantra and Scoupe
1991
Developed Alpha engine, the first engine created in Korea
Launch of Galloper
Developed Sonata EV
1992
Unveiling of HCD-I, Korea’s first concept car
Cumulative production surpasses 5 million units
1993
Launch of Sonata II
Unveiling of the HCD-II concept car
1994
Annual production surpasses 1 million units
Launch of Accent
Solar-powered and fuel cell electric vehicles developed
1995
Launch of Avante (Elantra)
Completion of Jeonju commercial vehicle manufacturing plant
Hyundai Motor Europe Technical Center (HMETC) opens
1996
Cumulative production surpasses 10 million units
Inauguration of the Namyang Technology Research Center
Launch of Dynasty and Tiburon
21
1997
Independently developed Epsilon engine
Established the Turkey plant and Asan plant
1998
Independently developed world-class, high performance V6 Delta engine
Launch of Grandeur (Azera) and Sonata
Established India plant
2nd solar-powered vehicle developed
Acquisition of Kia Motors
1999
Launch of Equus (Centennial : Hyundai Motor’s ultra large-sized sedan), Verna,
and Trajet XG
Developed Korea’s first automotive fuel cell battery
2000
Developed Korea’s first passenger diesel engine and large commercial engine
Debut of the four mid and large-sized Bus models
Korea’s first fuel cell electric vehicle Santa Fe developed
Official sponsor of the UEFA Euro 2000
2001
Production of Beta engine surpasses 1 million units
Unveiling of Korea’s first fuel cell electric vehicle Santa Fe
Established Hyundai European Design Center
Launch of Tuscani (Hyundai's sports coupe), Terracan, and Lavita
Santa Fe ranked No.1 in U.S. customer satisfaction survey
HMA receives J.D. Power’s Chairman's Award
Unveiling of the HCD - VI concept car at the Chicago Auto Show
2002
Cumulative production at Asan plant surpasses 1 million units
Production of Sonata begins in China
Launch of Chinese-made Elantra
22
Sonata receives J.D. Power's APEAL Award
Inauguration of the California Design & Technical Center
Official sponsor of the 2002 FIFA World Cup Korea /Japan
Unveiling of the HCD - 7 concept car at the Chicago Auto Show
2003
Established the California Design & Technical Center
Production of Avante (Elantra) surpasses 2 million units
Proclaimed Global Environmental Management
Established the Europe Technical Center
Established the Namyang Design Center
Annual exports surpass 1 million units
The world’s first ultra high pressure hydrogen storage system for fuel cell electric
vehicles developed
2004
Launch of Hyundai Motor’s first compact SUV, Tucson (ix35)
Production of Delta engine surpasses 1 million units
Sonata placed first in J.D. Power’s IQS
Cumulative exports surpass 10 million units
Developed Theta engine and Lambda engine
Official sponsor of the UEFA Euro 2004
Joint venture plant for commercial vehicles in China established
Chairman Mong-Koo Chung named as the Best CEO of 2004 by Business Week
2005
Established the U.S. proving ground
Exports to Africa and the Middle East surpass 1 million units
Established the Alabama plant
Developed clean Mu V6 engine
Debut in Interbrand’s 100 Best Global Brands
Established Environmental Technology Research Center
23
Established Hyundai America Technical Center
Established Eco-Friendly Vehicle Recycling Center
Click is selected as India’s Best Car of 2005
Unveiling of New Grandeur and HED-1 at the Geneva International Motor Show
Official partner of FIFA from 2007 to 2014
Chairman Mong-Koo Chung named Top Automotive CEO in Asia by Automotive
2006
Developed Gamma engine
No.1 Non-Premium Nameplate in J.D. Power’s IQS
Launch of new Avante (Elantra)
Exports to South America surpass 1 million units
Developed V6 diesel S engine
Established new Hyundai Motor Europe building
Annual sales surpass KRW 1 trillion
Total production reaches No. 6 in the world
Unveiling of the Hellion, Arnejs, Genus and Talus concept cars
Selected as Interbrand’s 100 Best Global Brands for a 2nd consecutive year
Official sponsor of the 2006 FIFA World Cup Germany
2007
Launch of European strategic model i30
Cumulative sales in the U.S. surpass 5 million units
Unveiling of the 3rd generation fuel cell concept car i-Blue
Developed F, G, H diesel engines for commercial vehicle
Launch of the next-generation compact car i10 by HMI
Verna awarded Best Car of the Year by India’s Overdrive magazine
Unveiling of the HED-IV (QarmaQ) concept car at the Geneva International
Motor Show
Unveiling of the HND-III (Veloster) concept car at the Seoul Motor Show
24
Azera (Grandeur) ranks No.1 in J.D. Power’s Customer Satisfaction Survey for a
2nd consecutive year
Inauguration of the Brazilian CKD plant
i30 selected as Australia’s Car of the Year and Green Car of the Year
2008
Launch of Genesis
Established the 2nd plant in India
Beijing Hyundai hits 1 million vehicles production milestone
Established 2nd plant in Beijing
Sales of Avante (Elantra) surpass 5 million units
Launch of European strategic model i20
Developed next-generation clean diesel R-engine
Launched Blue Drive brand for green models
Tau engine named ‘10 Best Engines Winners’ by Ward’s Auto
Developed front-wheel 6-speed automatic transmission
Unveiling of the eco-friendly concept car i-Mode at the Geneva International
Motor Show
Official sponsor of UEFA Euro 2008
2009
Genesis named ‘North American Car of the Year’
Main sponsor of the U.S. Super Bowl
Cumulative exports to Africa surpass 1 million units
No.69 in Global Brand Value
Established the Czech plant
Established Hyundai Motor India Engineering Pvt. Ltd.
Developed next-generation high performance Theta GDi
Sales of Santa Fe surpass 2 million units
Tau engine named ‘10 Best Engines Winners’ by Ward’s Auto for 2 consecutive
years 2010
Cumulative sales of Sonata surpass 5 million units
25
Official sponsor of the 2010 FIFA World Cup South Africa
Cumulative sales by HMI surpass 3 million units
Established the Russia plant
Launch of the eco-friendly electric car BlueOn
Unveiling of the independently-developed Nu·Tau GDi engines and RWD 8-
speed automatic transmission
Annual sales in the U.S. surpass 500,000 units
Tucson (ix35) Fuel Cell developed 2011
Blue Link introduced at the 2011 CES in the U.S.
Unveiling of the new brand direction and slogan ‘New Thinking. New
Possibilities.’
Launch of the 5th generation Grandeur (Azera) and Veloster
Launch of Sonata Hybrid
Launch of Genesis Prada limited edition
Launch of i40 wagon
Cumulative exports to Central and South America surpass 2 million units
Gamma engine named ‘10 Best Engines Winners’ by Ward’s Auto
Unveiling of i20 3-door and the ix-onic concept car at the Geneva International
Motor Show
Best automotive company in China’s warranty service satisfaction survey
Hyundai ranks No.1 of J.D. Power's Initial Quality Study (IQS)
Elantra (Avante) named No.1compact car in J.D. Power’s Vehicle Launch Index
Genesis ranked No.1 in J.D. Power’s Vehicle Launch Index
Unveiling of ix-Metro and ix35 at the International Automobile Ausstellung
Presidential Prize at the 2009 Korean Technology Awards
2010
Unveiling of the HED-VII hybrid concept car at the Geneva International Motor
Show
No.1 in J.D. Power’s Vehicle Dependability Study (VDS) for 3 consecutive years
and in the Initial Quality Study (IQS) for sub-compact cars
26
Launch of Sonata Hybrid at the New York International Auto Show
Genesis and Tucson named No.1 in AutoPacific’s Vehicle Satisfaction Awards
Sonata awarded the highest safety ratings by the National Highway Traffic Safety
Agency in the U.S.
Cumulative sales of Sonata surpass 5 million units
Official sponsor of the 2010 FIFA World Cup South Africa
Chairman Mong-Koo Chung selected as the Top Automotive Industry CEO in
Asia
Launch of the eco-friendly electric car BlueOn
Cumulative sales by HMI surpass 3 million units
Established the Russia plant
Launch of ix20 small minivan at the Paris Motor Show
Unveiling of the independently-developed Nu·Tau GDi engines and RWD 8-
speed automatic transmission
Official car sponsor of the G20 Summit
Tau engine named 10 Best Engines Winners by Ward’s Auto for a 3rd
consecutive year
Annual sales in the U.S. surpass 500,000 units
Tucson fuel cell electric vehicle developed
2011
Blue Link introduced at the 2011 International Consumer Electronics Show (CES)
in the U.S.
Launch of Veloster and the HCD-12 concept car at the North American
International Auto Show
Cumulative sales by HMI surpass 3 million units
Unveiling of the new brand direction and slogan ""New Thinking. New
Possibilities.""
Launch of the 5th generation Grandeur (Azera) and Veloster
Launch of Sonata Hybrid
27
First official car partner of the International Cricket Council (ICC) from 2011 to
2015
Launch of i40 wagon
ix20 awarded Euro NCAP's highest five-star rating
Unveiling of the D-segment i40 sedan at the Barcelona International Motor Show
Launch of Genesis Prada limited edition
No.61 in Global Brand Value
Cumulative sales in Europe surpass 5 million units
No.11 in Interbrand’s 50 Best Global Green Brands
Launch of EON by the Indian subsidiary HMI
i40 awarded the EuroCarBody Golden Award
Cumulative exports to Central and South America surpass 2 million units
Unveiling of Genesis Coupe
Top position in Autobild’s Quality Report for the 2nd consecutive year
Gamma engine named 10 Best Engines Winners by Ward's Auto
2012
Avante (Elantra) awarded ‘North American Car of the Year’
Launch of New Santa Fe, i40 Saloon, and Veloster Turbo
No.53 in Global Brand Value
Established the Brazil plant
Tucson (ix35) Fuel Cell supplied to Europe
Unveiling of the ioniq electric concept car
Grandeur (Azera), Avante (Elantra), Santa Fe awarded ‘the ALGR residual Value
Award’
Grandeur (Azera), Santa Fe, Veloster win a Good Design™ Award
Official sponsor of the UEFA Euro 2012 2013
World’s 1st mass production of Tucson (ix35) Fuel Cell
Launch of Maxcruz
Cumulative sales in the U.S. surpass 8 million units
28
Launch of Hyundai Motorsport
Unveiling of new i10
Selected as one of top 50 Global Brands
Cumulative sales of Sonata in Korea surpass 3 million units
Unveiling of electronically controlled AWD HTRAC
Cumulative production by HMI surpass 5 million units
Launch of All-new Genesis
World Rally Championship (WRC) Team launched
Beijing Hyundai annual sales in China surpass 1 million units
Unveiling of CUV HB20X
Sonata Hybrid tops AutoPacific’s Vehicle Satisfaction Award in the U.S.
Chairman Mong-Koo Chung named 2011 Top Manager in the World by Italy's
Inter Auto News
Named the most fuel efficient and least CO2 emitting brand by the U.S.
Environmental Protection Agency
Sonata named Top Picks in the medium-size car segment by Consumer Reports
Solaris (Accent) awarded Best Auto and Car of the Year in Russia
Genesis tops J.D. Power’s Vehicle Dependability Study (VDS) in the premium
car segment in the U.S.
No.1 in J.D. Power’s Customer Retention Study
2013
World Rally Championship (WRC) Team launched
Launch of Grandeur Hybrid
No.2 in Autobild’s (Germany) 2013 Quality Satisfaction Report
i10 awarded Indian Car of the Year 2014
Beijing Hyundai sales in China surpass 1 million units / year
Launch of All-new Genesis
Two Hyundai models ranked highest in the Residual Value Awards in the U.S.
Ranked Most Valuable Car Brand in the U.S.
Launch of New i20 at the International Automobile Ausstellung
29
ix35 (Tucson) fuel cell electric vehicles supplied to the City of Copenhagen
Hyundai’s Centennial named Best Luxury Full-Sized Car for 2 years in a row
Genesis ranked No.1 in Vehicle Satisfaction Awards (Auto Pacific) - Aspirational
Luxury Car in the U.S.
Launch of MISTRA at the 2013 Shanghai International Automobile Industry
Exhibition
Sonata ranked Most Dependable Midsize Car in the U.S.
World’s 1st mass production of ix35 (Tucson) fuel cell electric vehicles
Santa Fe selected as the 2013 Canadian Utility Vehicle of the Year
Unveiling of HCD-14, premium sports sedan concept car at the North American
International Auto Show
Unveiling of HND-6, next generation smart car concept car at the CES
Named No.1 brand and No.1 car in 4 vehicle categories (Equus, Genesis Coupe,
etc.) in Strategic Vision’s Total Value Awards
Launch of Maxcruz
Cumulative sales in the U.S. surpass 8 million units
Launch of Hyundai Motorsport
Unveiling of electronically controlled AWD HTRAC
Cumulative production by HMI surpass 5 million units
2014
All-new Genesis wins the 2014 iF Design Award
All-new Genesis and i10 win the Red Dot Design Award
Unveiling of HED-9 Intrado at the Geneva International Motor Show
Launch of the All-new Sonata
All-new Genesis wins the highest safety score in NHTSA history
Established Hyundai Motorstudio Seoul
Official sponsor of the 2014 FIFA World Cup Brazil
Cumulative production by HAOS surpasses 1 million units
Participation of i20 in the WRC, achieving 1st place in Rally Deutschland
Unveiling of new i20 for Europe
30
Official sponsor of the 2014 Incheon Asian Games
Selected as one of the top 40 Global Brands
Cumulative global sales of Avante (Elantra) surpass 10 million units
Genesis ranked highest in the Residual Value Awards in the U.S.
i20 awarded ‘Indian Car of the Year’
Launch of new Sonata Hybrid
Tucson (ix35) Fuel Cell engine named ‘10 Best Engines Winners’ by Ward’s
Auto
2015
Unveiling of Sonata Plug-in Hybrid
Established Hyundai Motorstudio Moscow
Participation of i20 in the WRC, achieving 2nd place in the Rally Sweden
Launch of Sonata Turbo
Launch of All-new Tucson
Launch of mid-duty truck, All-new Mighty
Demonstration of zero emission fuel cell electric bus
Cumulative production by HMI surpasses 6 million units
Launch of All-new Elantra
Unveiling of High-Performance ‘N’ at Frankfurt Motor Show
Cumulative sales in the U.S. surpass 10 million units
Cumulative production in Russia surpasses 1 million units
Launch of global luxury brand ‘Genesis’
Hyundai Sonata Plug-in Hybrid named to Wards 10 Best Engines
Launch of Genesis G90
2016
Launched IONIQ eco-friendly hybrid car model
Introduced Project IONIQ future mobility innovation program
Launched Genesis EQ900 limousine
Introduced development strategy for connected cars
31
Announced collaboration with Cisco to develop connected cars
Provided official vehicles for EURO 2016
Began sales of Genesis G80 car model
Opened Hyundai Motorstudio Hanam
Five models ranked first in customer satisfaction surveys in China
Ranked thirty-fifth in Interbrand’s ranking of global brands
Completed construction of plant in Cangzhou, China
Launched Genesis G80 sports car
Signed agreement for construction of big data center in Guìzhou Province, China
Total number of exports over forty-year period reached 23,630,000 in 2016
IONIQ received Five-star safety rating from European New Car Assessment
Program
1.4L turbocharged DOHC 4-cylinder motor named to Wards 10 Best Engines list
IONIQ EV car model underwent daytime and night-time test driving trials in Las
Vegas
2017
Participated in CES 2017 discussions regarding trends in future mobility
Established Smart safety Technology center for production of autonomous cars
Launched IONIQ Plug-in
Unveiled Fuel Cell Electric Vehicle Concept
Launched Sonata face-lift model
MD & CEO
32
His experience with Hyundai Motor is over a period of 31 years, working on different
assignments with HMC at various Global Locations.
Mr. Y K Koo has global experience in Sales and Marketing in world markets. Prior to
Hyundai Motor India he was the General Director & COO of Hyundai Motor (CIS) for 5
years.
He had served in Hyundai Motor India in his earlier stint for over 9 years in two different
roles during the period of 1997-2001 and 2008-2011 respectively. He was one of the
founder members of Hyundai Motor India’s operation in 1997 and played a key role in
building Sales and Marketing operation from 2008-2011.
Mr. Y K Koo - Core area of expertise includes:
Sales & Sales Planning, Product Planning
Network Expansion & Development
Sales Strategy & Marketing Strategy Development
Marketing, Brand Promotions & PR
Corporate & Rural Sales, Retail & Channel Finance
Used Cars Business, Customer & Channel Satisfaction, Sales & After Sales Service
Process Improvement
Sales Training & Development, After Sales Service
Sales Distribution & Logistics, Management Information System & Dealer
Management System
What Hyundai Do
Press Shop
A computer controlled line that converts sheet metal to body panels with high
dimensional accuracy and consistency.
33
Body Shop
It is a hi-tech line that builds full body shells from panels. Automated robotic arms are
used for intricate welding operations that ensure superior and consistent build quality.
Paint Shop
It is one of the most modern paint shops in the country and uses the environment friendly
water based process for superior and lasting exteriors.
A unique process management system followed here helps us deliver the most extensive
colour range, independent of minimum batch requirements, helping customers get their
preferred colour anytime.
34
Assembly Shop
In Assembly Shop all the engine and suspension parts, the electrical parts, the under body
parts etc are fitted into the car. The cars go through complete testing in the Assembly
Shop.
The Assembly Shop comprises the Trim Line, the Chassis Line, the Final Line and the
OK Line.
35
One of the biggest engine shops in the country, this unit is equipped with the most
modern tooling and testing facilities to make a wide range of engines in-house.
R&D Centre
36
this, enhancing support to Hyundai Motor India Limited, Chennai, India, in the area of
Power Train support, design support, evaluation and certification activities. Also focuses
on Indian unique car development activities.
Exports
Hyundai Motor India Ltd (HMIL) is the country’s largest passenger car exporter. HMIL
began exporting cars in 1999 when it shipped a batch of 20 Santro’s to Nepal and since
then it has maintained the esteemed crown position till date. Keeping innovation &
challenge at its heart, HMIL has able to cater to customers across the globe, whether it be
the Middle East, Africa, Asia or the Latin America.
With its strong product line up which includes EON, i10, Grand i10, Xcent, Elite i20, i20
Active, Verna & Creta. HMIL currently exports to more than 92 countries. The newly
launched Creta in the compact SUV segment has received tremendous response
worldwide (approx. 24,500 units order received from Aug’15 ~ Mar’16) reflecting
customer keenness & satisfaction towards our products.
37
Exports Milestones
Dec-15 HMIL awarded as 'Exporter of the Year' at CNBC Overdrive Awards.
Dec-15 HMIL wins the presigious Top exporter award by EEPC under Large
Enterprises for the year 2013 – 2014.
Jun-15 Exported 8.5 lakh i10 cars worldwide.
Mar-14 Export of 20 lakh cars.
Jul-13 Hyundai Motor India ships out the first Grand i10 car
Feb-12 Fastest Export of 15 Lakh cars.
Dec-11 Eon launch & first shipment
38
Nov-10 HMIL receives the coveted 'Niryat Shree' Gold and Silver Trophies for
2008-09 by the Federation of Indian Export Organizations (FIEO). The
Gold Trophy was received in the Engineering and Metallurgical
products – Non-MSME category and the Silver Trophy in the Highest
Foreign Exchange Earner category.
Sep-10 HMIL receives the 'All India Award for Export Excellence 2008-09' by
the Engineering Export Promotion Council (EEPC). HMIL was
awarded the Gold Trophy – in the Large Enterprise category
Feb-10 Fastest Exports of 10 Lakh cars
Aug-09 Hyundai Motor India Ltd. receives the EEPC 'National Award for
Export Excellence for 2007-08. Hyundai won the Gold Trophy in the
'Large Enterprise' category.
Mar-09 Hyundai Motor India honored with 'EXIM Achieved Award' for the
year 2008 by Tamil Chamber of Commerce
Feb-09 Hyundai Motor India conferred the Top Exporter of the Year for 2006-
07 in the category of 'Large Enterprises' and received the Gold Trophy
at the Southern Region Annual Award Presentation by the Engineering
Export Promotion Council (EEPC).
Dec-08 HMIL has awarded with the 'Niryat Shree' Silver trophy for the year
2005-06 by the Federation of Indian Export Organizations (FIEO).
Nov-08 Hyundai exports its first batch of 'i20' to European market. The first
export consignment comprised 2,820 units of 'i20'.
Jun-08 Fastest Export - Over 1 Lakh units of 'i10' exported since its launch in
Oct 31, 2007
Mar-08 Fastest Export - Over 1 Lakh units of 'i10' exported since its launch in
Oct 31, 2007
39
Oct-05 HMI exported its 2 Lakh car to the overseas market.
Oct-04 HMIL crossed the figure of 1 Lakh vehicles in exports and emerged as
the largest exporter in the Indian Automobile Industry.
Aug-03 Export shipment of 1,500 Santro Xing cars leave for Europe, HMIL
becomes the small cars export hub for Hyundai Motor Company..
Awards
2017
May 10, 2017: Global Distributor of the Year 2016- HMIL by HMC.
May 02, 2017: Hyundai India Opens ‘Online Car Booking’.
April 28, 2017: Hyundai Inaugurates Global Quality & Training Center in India
April 20, 2017: Hyundai Announces Global Launch of the ‘All New Xcent’.
April 12, 2017: Awarded Sedan of the Year- Elantra & CSR champion of the
Year- HMIL by Motoring World.
April 6, 2017: Hyundai Introduces ‘The New 2017 Elite i20 - Dual Tone Variant’.
April 5, 2017: Hyundai Introduces CRETA E+ diesel Variant & SX+ Dual Tone
trim Introduced in 1.6 Petrol and 1.6 Diesel.
April 2, 2017: Hyundai Flags off the 2nd Edition of the Great India Drive with the
All New Tucson.
April 1, 2017: Hyundai's hat trick ICOTY Winners Grand i10, Elite i20 & Creta
achieves 10,000 sales in the month of March.
Mar 16, 2017: Car Maker of the Year – HMIL by EVO
February. 10, 2017: Hyundai Elantra received ‘Sedan of the Year’ award by
BTVi- Car India
February. 10, 2017: Hyundai Tucson received ‘SUV of the Year’ award by BTVi-
Car India
February. 10, 2017: Hyundai received ‘CSR campaign of the Year’ award for safe
move campaign by BTVi- Car India
40
February. 06, 2017: Hyundai launches New 2017 Grand i10
January. 26, 2017: Hyundai Elantra received ‘Design of the Year’ award by
Gaadiwadi.com
January. 25, 2017: Hyundai Tucson received ‘ Urban SUV of the Year ‘ award by
TopGear
January. 19, 2017: Hyundai Elantra received ‘Sedan of the Year’ award by
AutoCar
January. 19, 2017: Hyundai received ‘Best CSR initiative for Road Safety’ award
by AutoCar
January. 19, 2017: Hyundai received ‘Manufacturer of the Year’ award by
AutoCar
January. 17, 2017: Hyundai received ‘Car Manufacturer of the Year’ award by
Motorbeam
January. 16, 2017: Hyundai Tucson received ‘Crossover of the Year ‘ award by
Flywheel
January. 16, 2017: Hyundai Elantra received ‘Sedan of the Year’ award by
Flywheel
January. 16, 2017: Hyundai Elantra received ‘Reader’s Choice Car of the Year’
award by Flywheel
January. 04, 2017: Hyundai Tucson received ‘Premium Compact SUV of the
Year’ award by Motor Vikatan
January. 02, 2017: Hyundai Achieves Domestic Sales Milestone of 5 Lakh Units
in CY-16
2016
December. 21, 2016: Hyundai Elantra received ‘Techy Sedan of the Year’ award
by Exhibit Tech
December. 16, 2016: Hyundai Elantra received ‘Engine of the Year’ award by
Autotech Review
December. 16, 2016: Hyundai Tucson received ‘Compact SUV of the Year’
award by NDTV (CNB)
41
December. 16, 2016: Hyundai Elantra received ‘Midsize sedan of the Year’ award
by NDTV (CNB)
December. 16, 2016: Hyundai received ‘Car Manufacturer of the Year’ award by
NDTV (CNB)
December. 14, 2016: Hyundai Elantra received ‘Premium Sedan of the Year’
award by Overdrive (CNBC TV-18)
December. 14, 2016: Hyundai received ‘Manufacturer of the Year’ award by
Overdrive (CNBC TV-18)
December. 13, 2016: Hyundai Elantra received ‘Best Executive Sedan’ award by
Man’s World
December. 13, 2016: Hyundai received ‘Top Exporter of the Year’ 2014-15
award by EEPC
December. 10, 2016: Hyundai Elantra received ‘Sedan of the Year’ award by
Autoportal
December. 10, 2016: Hyundai Tucson received ‘Premium SUV of the Year’
award by Autoportal
December. 10, 2016: Hyundai Tucson received ‘Design of the Year’ award by
Autoportal
December. 09, 2016: Hyundai receives ‘Indian Manufacturer of the Year’ 2016
by IMEA by Forst & Sullivan
November. 21, 2016: Hyundai Rolled Out 7 Millionth Car
November. 14, 2016: Hyundai launches All New Tucson
November. 09, 2016: Hyundai Elantra has received ‘Best of 2016’ award by
AutoX
August. 23, 2016: Hyundai launches All New Elantra
July. 22, 2016: Hyundai CRETA received ‘Most Impactful Debut’ at Exchange
for Media Awards 2016
July. 21, 2016: Hyundai Motor India Surpasses 1 Million Unit Sales of i20
Models
May. 06, 2016: Hyundai Celebrates 20th Foundation Day
42
March. 21, 2016: Hyundai Elite i20/Active received ‘Most Appealing Premium
Compact Car’ at J D Power Awards 2016
March. 21, 2016: Hyundai i10 received ‘Most Appealing Compact Car’ at J D
Power Awards 2016
March. 21, 2016: Hyundai EON received ‘Most Appealing Entry Compact Car’ at
J D Power Awards 2016
March. 21, 2016: Hyundai Elite i20/Active received ‘Best Premium Compact Car
in Initial Quality’ at J D Power Awards 2016
March. 21, 2016: Hyundai i10 received ‘Best Compact Car in Initial Quality’ at J
D Power Awards 2016
March. 21, 2016: Hyundai EON received ‘Best Entry Compact Car in Initial
Quality’ at J D Power Awards 2016
March. 04, 2016: Hyundai CRETA received ‘Car of the Year’ at Motoring World
Awards 2016
March. 04, 2016: Hyundai CRETA received ‘SUV of the Year’ at Motoring
World Awards 2016
February, 2016: Hyundai CRETA received ‘Car of the Year’ at Automotive India
Awards 2015
Feb. 22, 2016: Hyundai CRETA received ‘Car of the Year’ at Motoroids Awards
2016
Feb. 22, 2016: Hyundai CRETA received ‘Crossover of the Year’ at Motoroids
Awards 2016
Feb. 06, 2016: Hyundai CRETA received ‘SUV of the Year’ at Zeegnition
Awards 2016
Feb. 05, 2016: Hyundai Pavilion received ‘Best Interactive Display’ for
AutoExpo 2016 at CNB Auto Expo Awards for Excellence
Feb. 04, 2016: Hyundai CRETA received ‘SUV of the Year’ at Zigwheels
Awards 2016
Feb. 04, 2016: Hyundai CRETA received ‘Car of the Year’ at Zigwheels Awards
2016
43
Feb. 03, 2016: Hyundai CRETA received ‘SUV of the Year Reader’s Choice’
from Gaadiwadi at AutoExpo 2016
Feb. 03, 2016: Hyundai CRETA received ‘Compact SUV of the Year’ from
Cardekho at AutoExpo 2016
Feb. 03, 2016: Hyundai CRETA received ‘Premium Compact SUV of the Year’
from Flywheels at AutoExpo 2016
Feb. 03, 2016: Hyundai CRETA received ‘SUV of the Year’ from Motor Vikatan
at AutoExpo 2016
Jan 29, 2016: Hyundai CRETA won ‘SUV of the Year’ at Motorbeam Awards
2016
Jan 29, 2016: Hyundai CRETA won ‘Reader Choice of the Year’ at AutoCar
Awards 2016
Jan 29, 2016: Hyundai CRETA won ‘Premium SUV of the Year’ at AutoCar
Awards 2016
Jan 29, 2016: Hyundai CRETA won ‘SUV of the Year’ at AutoCar Awards 2016
Jan 28, 2016: Hyundai CRETA won ‘SUV of the Year’ at TopGear Awards 2016
Jan 28, 2016: Hyundai CRETA won ‘Readers’ Choice of the Year’ at TopGear
Awards 2016
Jan 22, 2016: Hyundai CRETA won ‘Car of the Year’ at Car & Bike India
Awards 2016
Jan 22, 2016: Hyundai CRETA won ‘Compact SUV of the Year’ at Car & Bike
India Awards 2016
img_in_tl_dtl1 in_milestone_elantra_2016
2015
Dec. 18, 2015: Hyundai CRETA won ‘Indian car of the year (ICOTY) 2016
Dec. 14, 2015: Hyundai CRETA won ‘Compact SUV of the Year’ at NDTV CNB
Awards 2016
Dec. 10, 2015: Hyundai CRETA won ‘Compact SUV of the Year’ at EVO Off
Road Awards 2016
44
Dec. 09, 2015: Hyundai Motor India won ‘Exporter of the Year’ at CNBC
Overdrive Awards 2016
Dec. 09, 2015: Hyundai CRETA won ‘Car of the Year’ at CNBC Overdrive
Awards 2016
Dec. 09, 2015: Hyundai CRETA won ‘SUV of the Year’ at CNBC Overdrive
Awards 2016
Nov. 26,2015: Hyundai Achieves 4 million domestic sales
Nov. 01, 2015: Hyundai Creta has received ‘Best of 2015’ award by AutoX
July 21, 2015: Hyundai Launches the Global SUV CRETA
April 20, 2015: Hyundai launches 2015 Elantra
March 17, 2015: Hyundai launches i20 Active
February 18, 2015: Hyundai launches the all new Verna
February, 2015: Hyundai Elite i20 won ‘Readers’ Choice’ award at Golden
Steering Wheel Awards
February, 2015: Hyundai Elite i20 won ‘Hatchback of the year’ award at Golden
Steering Wheel Awards
February, 2015: Hyundai Elite i20 won ‘Design of the year’ award at Zeegnition
Auto Awards 2015
February, 2015: Hyundai Elite i20 won ‘Premium Hatchback of the year’ award
at Zeegnition Auto Awards 2015
February, 2015: Hyundai Xcent won ‘Value for Money’ award at Car Dekho
Accolade 2014
January, 2015: Hyundai Elite i20 won ‘Best design of the Year’ award at Car
Dekho Accolade 2014
January, 2015: Hyundai Elite i20 won ‘Premium Hatchback of the Year’ award at
Car Dekho Accolade 2014
January, 2015: Hyundai Santa Fe won ‘SUV of the Year’ award at Flywheel Auto
Awards 2015
January, 2015: Hyundai Elite i20 won ‘Hatchback of the Year’ award at Flywheel
Auto Awards 2015
45
January, 2015: Hyundai Motor India won ‘Best Manufacturer of the Year’ award
at Vikatan Awards 2015
January, 2015: Hyundai Xcent won ‘Best Value for Money’ award at Vikatan
Awards 2015
January, 2015: Hyundai Elite i20 won ‘Best Hatchback of the Year’ award at
Vikatan Awards 2015
January, 2015: Hyundai Elite i20 won ‘Car of the Year’ award at Vikatan Awards
2015
January, 2015: Hyundai Elite i20 won ‘Best Car of the Year2014’ award at AutoX
Awards 2015
January, 2015: Hyundai Elite i20 won ‘Readers’ Choice Car of the Year’ award at
Motorbeam Awards 2014
January, 2015: Hyundai Elite i20 won ‘Readers’ Choice Car of the Year’ award at
ET Zigwheels Awards 2015
January, 2015: Hyundai Elite i20 won ‘Car of the Year’ award at ET Zigwheels
Awards 2015
January, 2015: Hyundai Elite i20 won ‘Hatchback of the Year’ award at ET
Zigwheels Awards 2015
January, 2015: Hyundai Elite i20 won ‘Premium Hatchback of the Year’ award at
15th CNBC TV 18 overdrive Awards
January, 2015: Hyundai Elite i20 won ‘Car of the Year’ award at 15th CNBC TV
18 overdrive Awards
January, 2015: Hyundai Santa Fe won ‘Premium SUV of the Year’ award at Car
& Bike Awards
January, 2015: Hyundai Elite i20 won ‘Premium Hatch of the Year’ award at Car
& Bike Awards
January, 2015: Hyundai Elite i20 won ‘Car of the Year’ award at Car & Bike
Awards
January, 2015: Hyundai Xcent won ‘Subcompact Sedan of the Year’ award at
NDTV Car & Bike Awards
46
January, 2015: Hyundai Elite i20 won ‘Design of the Year’ award at NDTV Car
& Bike Awards
January, 2015: Hyundai Elite i20 won ‘CNB Viewers’ Choice Car of the Year’
award at NDTV Car & Bike Awards
January, 2015: Hyundai Elite i20 won ‘Premium Hatchback of the Year’ award at
NDTV Car & Bike Awards
January, 2015: Hyundai Motor India won ‘Best Manufacturer of the Year’ award
at 7th BBC TopGear India Magazine Awards
January, 2015: Hyundai Xcent won ‘Value Car of the Year’ award at 7th BBC
TopGear India Magazine Awards
January, 2015: Hyundai Elite i20 won ‘Hatchback of the Year’ award at 7th BBC
TopGear India Magazine Awards
January, 2015: Hyundai Elite i20 won ‘Readers’ Choice Car of the Year’ award at
7th BBC TopGear India Magazine Awards
January, 2015: Hyundai Elite i20 won ‘Hatchback of the Year’ award at
Bloomberg TV AutoCar India Awards
January, 2015: Hyundai Elite i20 won ‘Viewer’s choice of the Year’ award at
Bloomberg TV AutoCar India Awards
January, 2015: Hyundai Elite i20 won ‘Car of the Year’ award at Bloomberg TV
AutoCar India Awards
Our group founder's Managament Strategies and well structured operations lead to have
our presence in other fast growing ciites like vizag, Rajahmundry, Vijayanagaram and
Sangareddy in Telangana. Impacting the kind of professional work culture we maintain,
47
prioritized customer care and reaching certain targets and figures, HMIL(Hyundai Motors
India Limited) awarded Lakshmi Hyundai with prestigious "Elite Dealers" status.
Lakshmi Hyundai is serving all its customers in AP & Telangana with Eight 3S (Sales,
Service and Spares), facilities, 5 Exclusive Showrooms and 10 Service Centers.
Its excellent relationships with bankers and financial institutions statewide have placed it
at a stronger vantage driven by employees over 1200 with customer friendly attitude.
Lakshmi Hyundai forays its wings across the state of A.P to reach other states like
Karnataka to serve Five Exclusive Showrroms and Ten Service Centers . Already
established with a 3 S (Sales, Serivces and Spares) facility, Lakshmi Hyundai has two
more showrooms in Bengaluru. Lakshmi Hyundai will be extending its services to other
parts of Karnataka very soon.
48
Insurance:8886662817
Accessories:8096666427
------------------------------------------------------------------------------------------------------------
Madinaguda - Sales
Ground Floor, Block Icon, Satyanarayana Enclave, Madinaguda - 500 074.
Sales:80966 66225
Finance:8886999087
Accessories:8886999076
Insurance:8886662817
------------------------------------------------------------------------------------------------------------
Sangareddy - Sales & Service
Survey No.123/AA1, Pothi Reddy Palli Village, Sanga Reddy Mandal. Sanga Reddy,
Sangareddy - 500 001.
Sales:8886653378
Service:8886653378
Parts:7997999422
------------------------------------------------------------------------------------------------------------
Banjara Hills - Service
Road no.14, Bhagyanagar Studios, Near L.V.Prasad Eye Institute, Banjara Hills,
Hyderabad - 500 034.
Service:8096666337
Body Shop:8096666257
Parts:8096666312
CRM Service:8096666254
------------------------------------------------------------------------------------------------------------
Kukatpally - Sales & Service
D.no.5-5-33/1/B, Moosapet , Kukatpally - 500 072.
Sales:8096666227
Service:8096666388
Body Shop:8096666297
Parts:8096666282
49
Accessories:8886999145
CRM Service:8096666474
------------------------------------------------------------------------------------------------------------
LB Nagar - Sales & Service
D.no.3-8-174, Beside L.B.Nagar Police station, Hyderabad - 500 074.
Sales:80966 66339
used car sales:80966 66464
Service:80966 66334
Body Shop:8096666373
Parts:80966 66335
Accessories:8096666415
CRM Service:8096666374
------------------------------------------------------------------------------------------------------------
Madinaguda - Service
PLOT NO: 3216, PHASE :3,SY NO: 119 TO 125 TO 130 TO 137, DEEPTHISRI
NAGAR, MADINAGUDA, Hyderabad - 500049.
Service:8096666450
Body Shop:8096666023
Parts:8886663414
CRM Service:8886663526
------------------------------------------------------------------------------------------------------------
Malakpet - Service
16-11-16/V/7,Beside R T A Office, Moosarambagh Main Road, Hyderabad - 500 036.
Service:8096666258
Body Shop:8886999031
Parts:8096666063
CRM Service:8886628124
------------------------------------------------------------------------------------------------------------
Attapur - Sales & Service
2-5-33, Upparpally 'X' Roads, Near Airport pillar No.176, Goutam Nagar, Attapur,
Hyderabad - 500 048.
50
Service:8096666424
Body Shop:8096666590
Parts:8096666438
CRM Service:8096666439
------------------------------------------------------------------------------------------------------------
Autonagar - Service
Plot no.9, Block no.34, Autonagar, Hyderabad - 500 070.
Service:8096666277
Body Shop:8096666329
Parts:8886663412
CRM Service:8096666347
-----------------------------------------------------------------------------------------------------------
Auto Nagar - WareHouse
Plot No:7, Block No-37, D.No:4-10-848, Augonagar, Auto Nagar, Hyderabad - 500 070.
Parts:8096666570
KPHB - Digital Showroom
Manjira Mall Trinity Corporate Building, Office No. 6, KPHB Phase 3, Hitech City
Road, JNTU, Hyderabad - 500072.
Sales:040-64626462, 64626688, 64626699, 79979 66771, 7997966782
Finance:040-64626462, 64626688, 64626699
Insurance:8886999069
Accessories:7997966762
HRD:7997966760
CRM-Sales:7997966528
------------------------------------------------------------------------------------------------------------
Products
51
EON Grand i10
ELAMTRA CRETA
TUCSON SANTA FE
52
53
CHAPTER-III
REVIEW OF LITERATURE
Introduction
The word "brand", when used as a noun, can refer to a company name, a product name,
or a unique identifier such as a logo or trademark.
In a time before fences were used in ranching to keep one's cattle separate from other
people's cattle, ranch owners branded, or marked, their cattle so they could later identify
their herd as their own.
The concept of branding also developed through the practices of craftsmen who wanted
to place a mark or identifier on their work without detracting from the beauty of the
piece. These craftsmen used their initials, a symbol, or another unique mark to identify
their work and they usually put these marks in a low visibility place on the product.
54
Not too long afterwards, high quality cattle and art became identifiable in consumers’
minds by particular symbols and marks. Consumers would actually seek out certain
marks because they had associated those marks in their minds with tastier beef, higher
quality pottery or furniture, sophisticated artwork, and overall better products. If the
producer differentiated their product as superior in the mind of the consumer, then that
producer's mark or brand came to represent superiority.
Today's modern concept of branding grew out of the consumer packaged goods industry
and the process of branding has come to include much, much more than just creating a
way to identify a product or company.
So what exactly is the definition of "brand"? Let's cover some definitions first before we
get too far into the branding process.
What is a brand?
If you ask ten marketing professionals or brand managers to define the word "brand", you
very well may get ten different answers. Most of the answers you receive, hopefully, will
at least have some commonalities.
In my own experience and in my extensive study of brands and branding, there is one
definition of "brand" that seems to most succinctly define exactly what a brand is.
55
product make. These promises can be implied or explicitly stated, but none-the-less,
value of some type is promised.
Additional definitions
Brand image is defined as consumers' perceptions as reflected by the associations they
hold in their minds when they think of your brand.
Brand awareness is when people recognize your brand as yours. This does not
necessarily mean they prefer your brand (brand preference), attach a high value to, or
associate any superior attributes to your brand, it just means they recognize your brand
and can identify it under different conditions.
Brand awareness consists of both brand recognition, which is the ability of consumers to
confirm that they have previously been exposed to your brand, and brand recall, which
reflects the ability of consumers to name your brand when given the product category,
category need, or some other similar cue.
Aided awareness occurs when you show or read a list of brands and the person expresses
familiarity with your brand only after they hear or see it.
Top-of-mind awareness occurs when you ask a person to name brands within a product
category and your brand pops up first on the list.
When you think about facial tissue, gelatin, and adhesive bandages, do the brands
Kleenex®, Jello®, and Band-Aid® come to mind? These brands enjoy strong top-of-
mind awareness in their respective categories.
Strategic awareness occurs when not only does the person recognize your brand, but they
also understand the distinctive qualities that make it better than the competition. Strategic
56
awareness occurs when you have differentiated your brand in the mind of your market.
This distinction as to why your brand is unique in your category is also referred to as
your Unique Selling Proposition or USP. Your USP tells your target market what you do
and stand for that is different from all of your competitors.
Brand preference occurs when consumers prefer your brand over competing brands.
Brand preference might be considered "the holy grail" of branding because it is the result
of consumers knowing your brand, understanding what is unique about your brand,
connecting emotionally with your brand, making a decision that your brand is superior to
others for some reason or combination of reasons, and choosing it over competing
brands.
Establishing a brand
I've heard very strong arguments that public relations is the way a strong brand is truly
established and advertising is how the brand is maintained. In fact, recently, authors Al
and Laura Ries devoted an entire book, The Fall of Advertising & The Rise of PR, to
reinforce and illustrate this idea (Harper, 2002).
If you think about this theory for a moment, it makes a lot of sense.
If a brand is successful in making a connection with people and communicating its
distinct advantage, people will want to tell others about it and word-of-mouth advertising
will develop naturally—not to mention writers in the press will want to write about the
brand. Once that type of differentiation is established in the market's mind, advertising
can help maintain and shape the brand.
What you need to do in branding is to communicate what the brand distinctively stands
for using as few words or images as possible. So remember, branding is all about creating
singular distinction, strategic awareness, and differentiation in the mind of the target
market--not just awareness. When you have been successful, you will start building
equity for your brand.
Points of Parity
My discussion of strategic awareness, points of singular distinction, and brand equity
would not be complete without discussion of brand points of parity.
57
Points of parity are those associations that are often shared by competing brands.
Consumers view these associations as being necessary to be considered a legitimate
product offering within a given category.
In other words, if you create what you consider to be a wonderful point of differentiation
and position, they might not be enough if consumers do not view your product or service
as measuring up on “minimum product expectations”. Points of parity are necessary for
your brand but are not sufficient conditions for brand choice.
As an example, I might produce a wonderful new automobile that uses advanced global
positioning and sensor technologies that render a driver obsolete by automatically routing
the car, adjusting speed for traffic conditions, recognizing and complying with all traffic
laws, and delivering passengers and cargo to the proper destination without the need for
operator intervention. Alas, I’ve invented the first car with functional auto-pilot. What a
strong position and unique selling proposition!
However, unless I have fully consider my brand’s points of parity with other products in
the category, I probably will not meet with success. Consumers might expect that at
minimum my automobile have four wheels with rubber, inflatable tires, be street legal,
run on a widely-available fuel source, be able to operate during both night and day in
most weather conditions, seat at least two people comfortably with luggage, be able to
operate on existing roads and highways, and provide a fair level of personal safely to
occupants. If my automobile does not possess these points of parity with competing
brands, then it might be too different and might not be seen as a viable choice or a strong
brand.
The lesson here is that differentiation and singular distinction are necessary for strong
brands, but they do not solely make for a strong brand. Your brand must also measure up
well against the competition on expected criteria so as to neutralize those attributes. Once
you have met the points of parity requirement and then you provide a unique selling
proposition and hold a strong, defensible position, then you have the makings of a very
strong brand.
58
Brand Equity
Brand Equity is the sum total of all the different values people attach to the brand, or the
holistic value of the brand to its owner as a corporate asset. Brand equity can include: the
monetary value or the amount of additional income expected from a branded product
over and above what might be expected from an identical, but unbranded product; the
intangible value associated with the product that cannot be accounted for by price or
features; and the perceived quality attributed to the product independent of its physical
features. A brand is nearly worthless unless it enjoys some equity in the marketplace.
Without brand equity, you simply have a commodity product.
Brands create a perception in the mind of the customer that there is no other product or
service on the market that is quite like yours. A brand promises to deliver value upon
which consumers and prospective purchasers can rely to be consistent over long periods
of time.
Brand Management
59
If a brand is not effectively managed then a perception can be created in the mind of your
market that you do not necessarily desire. Branding is all about perception. Wouldn't it be
nice to have people perceive you the way you would like them to perceive you? That is
what branding and brand management are all about. Brand management recognizes that
your market's perceptions may be different from what you desire while it attempts to
shape those perceptions and adjust the branding strategy to ensure the market's
perceptions are exactly what you intend.
So you may now have a better understanding of what a brand is and why awareness about
your brand does not necessarily mean your brand enjoys high brand equity in the
marketplace. You might even understand that brand management is all about shaping and
managing perceptions. You may still be asking yourself, however, why you should care
about branding in the first place.
60
A strong brand can make actual product features virtually insignificant. A solid
branding strategy communicates a strong, consistent message about the value of
your company. A strong brand helps you sell value and the intangibles that
surround your products.
A strong brand signals that you want to build customer loyalty, not just sell
product. A strong branding campaign will also signal that you are serious about
marketing and that you intend to be around for a while. A brand impresses your
firm's identity upon potential customers, not necessarily to capture an immediate
sale but rather to build a lasting impression of you and your products.
Branding builds name recognition for your company or product.
A brand will help you articulate your company's values and explain why you are
competing in your market.
Brand awareness
Brand awareness is a marketing concept that measures consumers' knowledge of a
brand's existence. At the aggregate (brand) level, it refers to the proportion of consumers
who know of the brand.
A brand equity is the positive effect of the brand on the difference between the prices that
the consumer accepts to pay when the brand known compared to the value of the benefit
61
received. There are two schools of thought regarding the existence of negative brand
equity. One perspective states brand equity cannot be negative, hypothesizing only
positive brand equity is created by marketing activities such as advertising, PR, and
promotion. A second perspective is that negative equity can exist, due to catastrophic
events to the brand, such as a wide product recall or continued negative press attention
(Blackwater or Halliburton, for example).
Colloquially, the term "negative brand equity" may be used to describe a product or
service where a brand has a negligible effect on a product level when compared to a no-
name or private label product. The brand-related negative intangible assets are called
“brand liability”, compared with “brand equity”
Brand awareness can be measured by showing a consumer the brand and asking whether
or not they knew of it beforehand. However, in common market research practice a
variety of recognition and recall measures of brand awareness are employed all of which
test the brand name's association to a product category cue, this came about because most
market research in the 20th Century was conducted by post or telephone, actually
showing the brand to consumers usually required more expensive face-to-face interviews
(until web-based interviews became possible). This has led many textbooks to
conceptualise brand awareness simply as its measures, that is, knowledge that the brand
is a member of a particular product category, e.g. soft-drinks. Examples of such measures
include:
Brand recognition - Either the brand name or both the brand name and category
name are presented to respondents.
62
Brand recall - the product category name is given to respondents who are asked to
recall as many brands as possible that are members of the category.
Top of mind awareness - as above, but only the first brand recalled is recorded
(also known as spontaneous brand recall).
Research on metrics
There has been discussion in industry and practice about the meaning and value of
various brand awareness metrics. Recently, an empirical study appeared to put this debate
to rest by suggesting that all awareness metrics were systematically related, simply
reflecting their difficulty, in the same way that certain questions are more difficult in
academic exams.
Brand recall
Brand Recall is the extent to which a brand name is recalled as a member of a brand,
product or service class, as distinct from brand recognition. Common market research
usage is that pure brand recall requires "unaided recall". For example a respondent may
be asked to recall the names of any cars he may know, or any whisky brands he may
know. Some researchers divide recall into both "unaided" and "aided" recall. "Aided
recall" measures the extent to which a brand name is remembered when the actual brand
name is prompted. An example of such a question is "Do you know of the "Honda"
brand?". In terms of brand exposure, companies want to look for high levels of unaided
recall in relation to their competitors. The first recalled brand name (often called "top of
mind") has a distinct competitive advantage in brand space, as it has the first chance of
evaluation for purchase.
Brand Recognition
Brand Recognition is the extent to which a brand is recognized for stated brand attributes
or communications. In some cases brand recognition is defined as aided recall - and as a
subset of brand recall. In the case, brand recognition is the extent to which a brand name
is recognized when prompted with the actual name.
63
A broader view of brand recognition is the extent to which a brand is recognized within a
product class for certain attributes. Logo and tagline testing can be seen as a form of
brand recognition testing. For example, if a product name can be associated with a certain
tagline, logo or attribute (safety and Volvo; "Just do it" - Nike) a certain level of brand
recognition is present.
Stability of responses
While brand awareness scores tend to be quite stable at aggregate (level) level, individual
consumers show considerable propensity to change their responses to recall based brand
awareness measures. For top of mind recall measures, consumers give the same answer in
two interviews typically only 50% the time. Similar low levels of consistency in response
have been recorded for other cues to elicit brand name responses
Brands are intangible and conditional assets that are dependent on tangible assets to
deliver the full value of their benefits. Of course partial value may be realized without
material assets through licensing. Brand Equity on the other hand, as defined by
Marketing Science, is ‘the set of associations and behavior on the part of a brand’s
customers, channel members and parent corporation that permits the brand to earn greater
volume or greater margins than it could without the brand name'.
Broadly speaking, Brand Equity is the intrinsic value customers attribute to a brand,
beyond its fair market value. This metric can be calculated in several ways, especially
between the disciplines of Marketing and Finance. In Finance, this metric is an intangible
portion of Firm value that is typically valued during times of acquisitions/divestitures.
For publicly traded firms, financial Brand Equity can be measured as the difference
between Market Value of the firm (total outstanding share multiplied by share price). On
the other hand Marketing Brand Equity is measured as a weighted function of several
constructs:
64
Brand Awareness: Brand Awareness can be measured by customer ability to recall brand
related features or advertising, either aided or unaided. Brand Resilience: This is the
Brand’s ability to resist new competitors in the category by defending market share
against market entrants. Brand Premium: Brand Premium is the extent to which
customers will pay a premium for your product when compared to similar competing
products. This can be negative if the product needs to be offered at a discount to
competitors to induce purchase. Brand Leverage: One dimension of Brand Equity is the
trust customers put in the Brand by their willingness to try new products or line
extensions under the brand name. Extensive usage of Brand Leverage could result in
Brand Dilution, especially if the new products or line extensions fall below customer
expectations.
Market Leverage: Market leverage of a brand is its ability to gain market access via
distribution channels. Brand Equity can be considered as a weighted average of each of
these metrics. Weights for each Brand Equity can be derived from expert judgment or by
quantitative methods, for example by regressing long-term market-share time-series
65
(approximated by moving average estimates) against time-series of each of these metrics
collected from a sufficiently large and random sample of respondents.
Brand Valuation Brand value is as important an aspect of a firm's value as the value of
it's tangible assets and cash-flows. Brand value has several different dimensions and
components. Brand Assets are indirect drivers of brand value because they help maintain
the brand's competitive position, premium and consumer perception, which in turn help
the brand drive excess cash-flow over and above what the tangible assets and services of
the firm would be expected to generate.
66
Another approach is Comparable Valuation- by creating a set of brands most similar to
the brand being valued, for which estimates of brand values are known (through M&A, or
disclosed values). Again not the most accurate approach, since every brand by definition
has unique characteristics that differentiates it from other brands making comparison very
difficult. However this approach can definitely provide another data point for
triangulation.
Price premium that consumers pay for the brand's products vs. Generic or Private Label
products- problem is it is always difficult to say what is really generic. One advantage is
that it is closer to market perception of the brand though. A more complicated financial
approach is the Economic Use model that that values the brand as the net present value
(NPV) of all future cash-flows/earnings generated by the brand in it's specified use. This
is also an approach that ties the value of the brand to financial realities, but may
underestimate value of growing brands and overestimate values of maturing brands. All
in all the best approach is to use all of the above and take a weighted average approach.
The most important assets of any business are intangible — including its base of loyal
customers, brands, symbols & slogans — and the brand’s underlying image, personality,
identity, attitudes, familiarity, associations and name awareness. These assets — along
with patents, trademarks, and channel relationships — comprise brand equity, and are a
primary source of competitive advantage and future earnings.
The brand is a distinguishing name and/or symbol (logo, trademark, or package design)
intended to identify the origin of the goods or services — and to differentiate those goods
or services from those of competitors. A brand signals to the customer the source of the
product — and protects both the customer and producer from competitors who would
attempt to provide products that appear to be identical.
By developing strong & consistent images, well-regarded brands generate hidden assets
— or brand equity — that give them distinct advantages. Brand equity is a form of wealth
that is closely related to what accountants call "goodwill."
67
A brand is a promise made to its customers and shareholders. Promises that are kept yield
loyal customers and produce steady streams of profits. Brand equity is initially built by
laying a foundation of brand awareness — eventually forming positive brand images —
and is ultimately maximized by high levels of brand loyalty:
The set of consumer associations & behaviors that permits the brand to earn
68
greater volume or margins than it could without the brand name.
To some, branding might not feel like a tangible aspect of running a business. It can’t be
seen like a product on the shelf, or counted like a cash drawer at the end of the night. But,
branding is the reason people pay three times more for a product at one store over
another.
Good branding is the product of a clear vision, and nobody knows more about vision than
small business owners. But, with limited resources, creating a brand identity can be
tricky. Fortunately, building brand awareness on the Internet doesn’t need to take a lot of
money or resources.
69
we?’” says Harley Manning, vice president at Forrester Research in Cambridge, Mass., a
technology and market research firm that advises on the effects technology has on
consumers and businesses. Good brand statements typically include the company’s
mission, vision and values. “It’s succinct. It’s typically something that will fit on a page
easily,” he says.
Build a brand worth believing in. “Do you so believe in what you’re creating that you
would trademark it?” says Andrea Fitch, president and CEO of RedCarpet Creations,
Inc., and national president of the Society for Marketing Professional Services, both
based out of Alexandria, Va. Really consider what kind of brand could represent the
business through the next decade. “Don’t have a logo that in five years you’re going to be
tired of and discard for another,” she says.
Remember, the web site is the brand. “A web site is not just a communication
medium,” Manning says. “It is actually a channel that must deliver on the promise.”
Essentially, a web site should embody the promise that it makes to customers. If, for
instance, a business claims to be innovative, the web site should look fresh and modern.
Create a cohesive experience between all mediums. Before she launched her
company’s new web site, Fitch made sure it would be an event that her potential clients
would never forget. RedCarpet Creations mailed 4,000 silver tubes containing scrolls that
looked like rolled-up carpet. Inside the scrolls was an announcement about the web site’s
launch. Once online, the web site was an extension of the invitations because it followed
through on the themes of red carpet imagery and references to visitors being treated like a
VIP. Customers should easily be able to recognize the company’s brand, whether it is
print, online or some other form of media, Manning says.
Don’t sacrifice creativity. Once the brand’s guidelines are established, creative choices
must bring those attributes to life, Manning says. Don’t let the company’s brand become
so dominating that there is no room for new thoughts and ideas. Brand should be the
jumping-off point for interesting ideas, not the place where every new idea dead-ends.
70
Fitch stresses that a sense of fun and whimsy will only enhance the likelihood that people
will take an interest in the web site.
Don’t communicate brand at the expense of delivering. While a web site can be a
significant tool for building brand awareness, clarity and functionality are paramount.
“Just be careful not to let the communication about your brand get in the way of
delivering your message,” Manning says. People should be able to understand how to
navigate the site without knowing a thing about the company’s catch phrases. “You can’t
frustrate and annoy people into liking your brand,” he says.
Listen to the customers: They determine a brand’s true value. Pay attention to
customer feedback about the site because, ultimately, it’s the customers’ opinion that
counts. When it comes to building a brand, a company can incorporate everything from
signature colors to catch phrases, but at the end of the day, it’s the consumer who decides
what a brand is really worth. “It’s not what you say [about] yourself, it’s what others say
of you,” Fitch says.
71
CHAPTER-IV
DATA ANALYSIS
&
INTERPRETATION
72
Options Number of Respondents
YES 100
No 0
total 100
Percentage of respondents
0%
Yes
No
100%
Interpretation: From above pie chart it can be stated that 100% people using Hyundai
services for their constructions
73
2. Which Company Car do you use?
Hyundai 35
Tata 20
Maruthi 28
Tayota 13
Others 4
total 100
Interpretation:
From above it can be stated that 35% of people using Hyundai
20% of people using Tata Motors ,
28% of people using Maruthi ,
13% of people using, Tayota Motors
4% of people using other brands.
74
3. What are the valuable attributes you normally look while purchasing a Motors?
Interpretation:
From above pie chart it can be stated that people give preference 40% to brand
name,
25% to quality,
8% to price,
12% to comfort,
10% to service, and
75
5% to performance.
Interpretation:
From above pie chart it can be stated that 70% people are aware of Hyundai
Motor services,
30% are not aware system.
76
5. You heard about Hyundai Motors through?
Interpretation:
From the above we can state that 40% people heard about the Labcal through
friends,
24% through advertisements,
6% through tele call,
20% through event and
77
10% through consultant.
6. Why you have chooses Hyundai Motors?
Features 30
Better service 20
Brand name 40
All the above 10
total 100
Interpretation:
From above pie chart it can be stated that people give preference 40% to brand
name,
30% to features,
20% to better service,
10% to all the above attributes.
78
7. Services provided by Hyundai Motors?
Interpretation:
From above pie chart it can be stated that the service provided by Labcal is 60%
excellent,
20% very good,
10% good and 10% average.
79
8. When did you getting your order?
Interpretation:
From above pie chart it can be stated that the percentage of people who are getting
their orders on that itself is 80%,
With in a week is 20%, &one week is 0%. And 0% of people getting with in 1-2
week.
80
9. YES, What is your rating factor for CAR which you will give
Interpretation:
By the above bar-chart we know that out of 100 respondents 67% have used the Hyundai.
Out of 67% respondents 62% people rated good quality, 4% respondent’s rated fair
quality and remaining 1% respondents rated bad quality.
Out of 67% respondents 46% respondents rated good price, 20% respondents rated
fair quality and remaining 1% respondents rated bad price.
Out of 67% respondents’ 55%respondents rated good longevity and 12%
respondent’s rated fair longevity.
81
10. If YES, how do you heard about Hyundai Products
a) Electronic media b) Print media
c) Sales person d) others ( )
Interpretation:
By this pie-chart we can analyze that most of response came from news paper promotion
is 54%, Through electronic media is 18%, sales persons is 17% and rest of them by
others, by this we known that paper ads are best than others.
82
11. What way you think promotion of Hyundai Products
Should be done
a) Offers b) Advertisement
c) Free Service d) others ( )
8 10 17 42 5 6
Interpretation:
By this pie-chart we know that the promotions should be done by free service and
advertisement.
83
12. Is the appointment system useful to you?
1 Completely 25
2 Useful 73
3 Not useful 2
Interpretation
Among the 100 customers when a question was raised regarding the usefulness of
service appointment system 25% of the respondent said completely useful, 73% said
useful and 2% said not useful.
84
13.Do you get the information from service advisor on the services to be performed?
Interpretation:
From the above analysis we come to conclusion that 37% of the customers are
getting complete information from service advisor and 54% are getting adequately and
9% of the customers are getting partial information regarding the services to be
performed.
85
A) High
B) Medium
C) Reasonable
D) Low
Interpretation:
It was observed that 8% of the respondents feel that the prices charged at service station
was high and 38% feel it is medium and 56% of the respondents feel that the prices are
reasonable cost and 2% feel that the prices are low.
86
E) Excellent
F) Good
G) O.K
H) Poor
87
Interpretation:
1) Yes 2) No
Interpretation:
From the above analysis we conclude that 2% of the customers wanted to change
their CAR and 98% of the customers said not regarding the idea to change their choice
from Hyundai to other’s competitors .
88
CHAPTER-V
FINDINGS
CONCLUSION
SUGGESTIONS
QUESTIONNAIRE
BIBLIOGRAPHY
89
FINDINGS
It can be stated that 100% of people in survey using teleservices for their
constructions
It can be stated that 35% of people using Hyundai Motors Limited, 20% of
people using TATA Motor services .
28% of people using Maruthi vehicles, 10% of people toyota, 4% of people
having other brands.
It can be stated that people give preference 40% to brand name,25% to
quality,8% to price, , 12% to comfort,10% to service,5% to performance.
It can be stated that 70% people are aware of Hyundai Motors Limited, 30% are
not aware system.
We can state that 40% people heard about the TATA Motor services through
friends, 24% through advertisements.
6% through tele call, 20% through event and 10% through consultant it can be
stated that people give preference 40% to brand name, 30% to features, 20% to
better service, 10% to all the above attributes.
It can be stated that the service provided by Hyundai Motors is 60% excellent,
20% very good, 10% good and 10% average.
It can be stated that the percentage of people who are getting their order with in a
day is 80%, within a week is 20%, one week is 0%. And 0% of people getting
with in 1-2 week.
90
SUGGESTIONS
The company should maintain their market position and try to increase their
customers.
Enough stock should keep in stockiest place& retailers place
To enable the customers to get in touch with the service personal more easily, the
number of direct phones should be increase or provide the toll free number to give
solutions of constructions.
Periodically, review meetings with the customers in different areas should be
convinced, to have a general consensus regarding problems being faced by them.
To increase sales of the Hyundai Motors, the company should concentrate on
advertisements and try to provide special offers.
If the company reduce the price of the Hyundai Motors for who purchase huge
quantities, then sales will be increased dramatically.
91
CONCLUSION
The analysis of the data obtained the market research has led to many inferences on the
Motor services brands. In course of conducting marketing survey some value and
useful information was given by respondent.
Advertising in papers, hoardings and enquire consider to be ineffective avenue for
securing information about Hyundai Motors.
Users find Hyundai Motors as one which provides security for Users and reliable and
feasible. The overall conclusion of the study is the Hyundai Motors offering better
services which make Users feel happy and comfortable.
92
QUESTIONNAIRE
Hyundai Tata
Maruthi Tayota
Other
3. What are the value attributes you normally look while purchasing a Hyundai Motorss?
(Please rank)
Delivery Quality
Price Brand Image
Comfort Service
Performance Other’s (please specify)
93
4. Are you aware of Hyundai Motors? ( )
A.Yes B.No
94
1) Completely 2) Useful 3) Not useful
2)
20. Do you get the information from service advisor on the services to be performed?
95
BIBLIOGRAPHY
www.google.com
www.hyundai.com
www.indianbrands.com
www.ibfe.com
96