Top 10 Car (Automobile) Companies in India 2017

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2. Hyundai

The company was founded in 1967 with 32.8% shares owned in Kia Motors; Hyundai Motor Company has world headquarters at Seoul, South Korea.


Image: company website

Hyundai Motor India Ltd (HMIL) is a wholly owned subsidiary of the Hyundai Motor Company and it is the second largest automobile manufacturer in India, coming only after Maruti Suzuki both in terms of sales and production by volumes. South Korean company by origin, it has its registered head office in Kanchipuram, and also owns a research and Engineering facility in Hyderabad, Telangana.

Hyundai Motor Company has its roots in the year 1967 when the company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968. It paved the path for the company to climb the ladder and become the third largest automobile company in the world, in terms of volume sales. When Hyundai entered India in 1996, it was not at all a know brand. Then the known sellers were Maruti, Hindustan, Tata, Mahindra and Premier. Ford and Honda had been there in india for less than a year and even they were struggling to carve a niche for themselves in the Indian Automobile Market.

HMIL successfully introduced Santro in 1998 which made it the second largest company in India in no less a time. Soon it also climbed to become the largest exporter of automobiles from India, exporting around 1 million cars to 87 countries around the world, from its manufacturing facilities in India only. HMIL presently markets 10 models - Eon, Grand i10, Xcent, Elite i20, i20 Active, Verna, Elantra, Creta, Tucson and Santa Fe (imported). After Santro made Hyundai a rockstar in India, Hyundai Motors' introduced other popular models like the Eon and then launched the "i" series, which were advertised by Shah Rukh Khan. Believing in technological upgradation at each step, it also houses overseas R&D centers located in the United States, Germany, Japan, Korea, and China which focuses on state of the art system and product designs. They believe in opening up new possibilities, by coming up with more forward thinking ideas and solutions. But they also care about the environment, societies and largely their customers’ safety. Their CSR activities revolve around community development, vocational training in driving, healthcare and energy conservation. With the “Clean Move, Green Move”, they operate all their processes in such a way that does minimal harm to the environment. Their “Safe Move” campaign aims at ensuring safety of not only the driver but also the pedestrian.

Number of cars sold: 676827

Market Share: 16.9%



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