New Delhi, Delhi, India
It's raining awards for the Hyundai i10, which has bagged the most prestigious awards including the BS Motoring 'Car of the Year' Award, the CNBC-TV18 'Car of the Year 2008' Award, the NDTV Car and Bike Awards for 'Compact Car of the Year 2008' as well as 'Car of the Year 2008' and the 'Car of the year 2008' at the 9th Overdrive Awards. Hyundai's i10 has captured the entire gamut of the most prestigious of Indian automobile awards with its distinction and performance.
Over the last seven years, the awards have proved to be the benchmarks for auto excellence in India and are widely recognised as the most trusted word on automobiles for consumers, manufacturers and auto experts alike. The 'Car of the Year' awards, the most coveted of the auto awards, put to test the latest cars in India to find a car that satisfies all customer needs. Hyundai i10 came out of the acid test of each of the award-giving institutions with flying colours, taking it away once again.
Commenting on the awards, H S Lheem, Managing Director, HMIL, said, "At a time when the market is crowded with a slew of new products, Hyundai i10 has emerged a clear winner. i10's victory denotes the acceptance and popularity of Hyundai Motor India as a brand that has raced ahead of its customers by its excellence in technology and performance, eye for detailing and finesse in design. It's an honour for us to receive these awards as Hyundai i10 was launched recently and we have received overwhelming response from our customers, dealers and the media across India."
The i10 won on various counts, including build quality, ride, handling, driveability, comfort and safety features. It evidenced a perfect blend of a compelling price tag and above-average fuel efficiency. It has won accolades for its overall dynamics as well as the liberating space on the inside. Some of its features - like the centre-console, mounted gear lever and the overall fit and finish - added to the positive impression.
All the awards won by Hyundai's i10 are instituted to recognise and honour excellence in the automotive field. The Overdrive Award, CNBC-TV18 Autocar Awards, BS Motoring Awards, NDTV's Car and Bike Awards are decided by a pre-eminent panel of judges comprising acknowledged experts from the racing fraternity and the senior members of the industry, as also knowledgeable auto enthusiasts from CII, ACMA and SIAM.
Hyundai has a distinguished track record in India with Santro winning the awards in 1998, Getz in 2005 and Verna in 2006. i10 keeps the Hyundai flag flying high by its winning edge performance.
About HMIL
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest and the fastest growing car manufacturer in India. HMIL presently markets 34 variants of passenger cars across segments. The Santro in the B segment, Getz Prime, i10 in the B+ segment, the Accent and Verna in the C segment, the Elantra in the D segment, the Sonata Embera in the E segment and the Tucson in the SUV segment.
Hyundai Motor India, continuing its tradition of being the fastest growing passenger car manufacturer, registering total sales of 327,160 vehicles in the calendar year (CY) 2007, an increase of 9.2 percent over CY 2006. In the domestic market it clocked a growth of 7.6 percent as compared to 2006 with 200,412 units, while overseas sales grew by 11.8 percent, with exports of 126,748 units.
HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boast the most advanced production, quality and testing capabilities in the country. In continuation of its commitment to provide the Indian customer with global technology, HMIL is setting up its second plant, which will produce an additional 300,000 units per annum, raising HMIL's total production capacity to 600,000 units per annum.
HMIL is investing to expand capacity in line with its positioning as HMC's global export hub for compact cars. Apart from expansion of production capacity, HMIL plans to expand its dealer network, which will be increased from 230 to 300 this year.
The year 2007 has been a significant year for Hyundai Motor India. It achieved a significant milestone by rolling out the fastest 400,000th export car. Hyundai exports to over 73 countries globally; even as it plans to continue its thrust in existing export markets, it is gearing up to step up its foray into new markets. The year just ended also saw Hyundai Motor India attaining other milestones with the launch of the i10 and yet another path-breaking record in its young journey by rolling out the fastest 15,00,000th car.
The Hyundai Verna has bagged some of the most prestigious awards starting with the title of "Car of the Year 2007" by India's leading automotive publication - Overdrive, the "Best Mid-size Car of the Year" award by the NDTV Profit C&B Awards 2007, the "Best Value for Money Car" by the CNBC Autocar Auto awards and 'Performance Car of the Year 2007' from Business Standard Motoring.
Last Year Sonata Embera won the 'Executive Car of The Year 2006' award from Business Standard Motoring Magazine and NDTV Profit - Car & Bike declared the Tucson as the 'SUV of The Year 2006'. HMIL has also been awarded the benchmark ISO 14001 certification for its sustainable environment management practices.
Source: Hyundai Motor India Limited (Business Wire India)
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