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Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. [citation needed] Hyundai started the construction of the plant in the year 1996. December 10, 1996 the groundbreaking ceremony was done for Plant 1.
Formed in May 1996, Hyundai Motor India Limited (HMIL) started its operations producing its first model in September 1998, the Santro. HMIL is the global export hub for compact cars for emerging markets. HMIL has two manufacturing plants in Irungattukottai and Sriperumbudur in Tamil Nadu, both near the city of Chennai. In 2021, the cumulative ...
In 1996, Hyundai Motor India Limited was established with a production plant in Irungattukottai near Chennai, India. [21] 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. [22]
In January 2012, Hyundai India announced LPG models of Eon as well. These models have a 34 L toroidal tank [13] with an additional cost of approximately INR 27,000 to the available models. In May 2014, Hyundai released a variant of the Eon with the 1.0-litre Kappa II three-cylinder engine also found in the European Hyundai i10 and Kia Picanto ...
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Based on the Hyundai Grand i10, the Xcent is a sedan manufactured by Hyundai Motor India Limited in Chennai. [ 1 ] [ 2 ] The Xcent was launched on 12 March 2014, being conceived to fit in the popular sub-4 metre sedan segment in India which emerged after the government imposed larger tax for cars longer than 4,000 mm (157.5 in) in length.
On 17 June 2024, Hyundai Motor India announced its commencement of an initial public offering (IPO) process to list on the Mumbai-based Bombay Stock Exchange. [ 11 ] [ 12 ] Hyundai Motor Group announced plans to invest a record $16.7 billion in South Korea in 2024, focusing on green technologies and future mobility, marking its largest annual ...
Motor vehicle Hyundai Exter Overview Manufacturer Hyundai Model code AI3 CUV Production June 2023–present Assembly India: Chennai (HMIL) Designer Cho-hee Park Body and chassis Class Crossover city car (A) Body style 5-door SUV Layout Front-engine, front-wheel-drive Platform Hyundai-Kia K1 Related Hyundai Grand i10 (AI3) Powertrain Engine Petrol: 1.2 L Kappa II MPI I4 Petrol / CNG: 1.2 L ...