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In 1996, Hyundai Motor India Limited was established with a production plant in Irungattukottai near Chennai, India. [ 19 ] In 1998, after a shake-up in the South Korean auto industry caused by overambitious expansion and the Asian financial crisis , Hyundai acquired the majority of rival Kia Motors.
Hyundai Corporation (Korean: 현대종합상사; KRX: 011760) is a South Korean company founded in 1976 as part of the Hyundai chaebol.. It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities.
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.
The Hindustan Ambassador dominated India's automotive market from the 1960s until the mid-1980s and was manufactured until 2014. Fiat 1100D, built under license by Premier Automobiles Limited (PAL), later re-christened 'Premier Padmini', was the Ambassador's only true competitor.
Genesis (Korean: 제네시스, romanized: Jenesiseu) is the luxury vehicle brand of the South Korean vehicle manufacturer Hyundai Motor Company.Initially envisioned along with plans for Hyundai's new luxury Genesis sedan in 2004, Genesis was announced as an independent brand on 4 November 2015.
Toyota Kirloskar Motor Private Limited (TKM) is an Indian joint venture between Toyota Motor Corporation (89%) and Kirloskar Group (11%), for the manufacture and sales of Toyota cars in India. [ 3 ] [ 4 ] The headquarters are located in Bidadi , Karnataka , near Bengaluru .
Hyundai Engineering Co., Ltd. or HEC is a company established in 1974. As a global engineering solutions firm that plays a leading role in the areas of plants, architecture, infrastructure and asset management, Hyundai Engineering is expanding into eco-friendly energy to build a sustainable future.
Nissan Motor India Pvt Ltd (NMIPL) is a wholly owned subsidiary of Nissan Motor Co. Ltd Japan. The company was incorporated in 2005 and offers hatchback, MUV, SUV and sedans in India. Nissan in India has a portfolio of two brands, Nissan and Datsun.