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Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
erseas production capacity will increase to 5.58 million units. Hyundai Motor Group’s overseas production capacity Annual production capacity(1,000 units) Production in 2021(1,000 units) Outline Hyundai Motor India 750 635 Manufactures the Grand i10, i20, Elantra (Avante), Creta, Tucson, Xcent, Santro, Venue, Kona Electric, and Aura. In June 2021, Hyundai Motor started the production and sales of the Alcazar, a six-/seven-seat SUV. T...
Market & Tech Reports Updated at: 2022/03/01
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
scale capacity to produce EVs. Hyundai Motor Group’s overseas production capacity Annual production capacity (1,000 units) Production in 2019 (1,000 units) Outline Hyundai Motor India 700 682 Manufactures models such as the Grand i10, i20, Accent (Verna), Elantra (Avante), Creta, Tucson, Xcent, Santro, Venue, and Kona Electric. In January 2020, Hyundai started the manufacturing and sales of the new sedan Aura. Turkey 230 178 Manufact...
Market & Tech Reports Updated at: 2020/11/12
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
izons. ■Hyundai Motor Group’s overseas production capacity Annual production capacity (1,000 units) Production in 2018 (1,000 units) Outline Hyundai Motor India 700→750 (2019) 713 Manufactures models such as the Grand i10, i20, Accent (Verna), Elantra (Avante), Creta, Tucson, Eon, Xcent, Santro, and Venue. In July 2018, Hyundai announced that it would increase its annual production capacity to 750,000 units by improving producti...
Market & Tech Reports Updated at: 2019/08/16
Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles
ly and the remaining 15% was sold in Mexico. Hyundai Motor Group's overseas production capacity Annual production capacity(1,000 units) Production in 2016(1,000 units) Outline Hyundai Motor India 680→730(2019) 665 The Grand i10, i20, Accent (Verna), Elantra (Avante), Creta, Tucson, Eon and Xcent are built. In March 2018, Hyundai announced a plan to increase its annual production capacity by 50,000 units with an investment of INR 65 billi...
Market & Tech Reports Updated at: 2018/05/21
India Market Analysis: Record sales in fiscal year 2015-16, strong trend continues in current year
ndai exported more than 200,000 units and accounts for nearly half the total, but its exports have been in decline for the past few years. The company exported 162,000 units in FY 2015-16, which was a y/y decrease of 15.2%. The automaker exported vehicles including small cars like the Grand i10 and Xcent. Even after the start of FY 2016 - 2017, Hyundai has continued to see declines. In contrast with that, exports from the Western makers Ford a...
Market & Tech Reports Updated at: 2016/08/30
India (Part 2): OEMs plan to launch models with strong local potential
third-generation) Santa Fe SUV and exhibited the same model at the Auto Expo 2014. The previous models were imported from Korea, but the new model will be produced locally in India. The 7-seater SUV is powered by a 2200cc diesel engine mated with 6-speed manual or 6-speed automatic transmissions. Xcent In March 2014, the company launched the Xcent, a compact class family sedan. It is a sedan variant of the Grand i10 hatchback and has the over...
Market & Tech Reports Updated at: 2014/10/31
India (Part 1): Extension of reform measures drives sales growth
2013 are shorter than 4 meters. The Brio is powered by 1200cc petrol engine. The Amaze is powered by 1200cc petrol or 1500cc diesel engine. (Note) Other than those mentioned above, the Datsun GO by Nissan, the Chevrolet Beat and the Sail Hatchback by General Motors, the Figo by Ford and Elite i20/Xcent by Hyundai all have an overall length less than 4 meters and are powered by less than 1200cc petrol or less than 1500cc diesel engine. Small UVs...
Market & Tech Reports Updated at: 2014/10/24
Delhi Auto Expo 2014 (Part 2): Korean, European & US OEMs and parts suppliers
Delhi Auto Expo 2014 (Part 2): Korean, European & US OEMs and parts suppliers Small SUV concept hinting future model plans revealed by automakers Summary Hyundai Motor: Sub-compact Xcent Sedan GM: ADRA SUV Concept Ford: B-segment Figo Concept Sedan VW: Taigun compact SUV Concept Renault: KWID compact SUV Concept Fiat: AVVENTURA Compact SUV Concept Auto Expo components exhibition in downtown New Delhi Exhibits by Japanese and European suppliers (R...
Market & Tech Reports Updated at: 2014/03/13