Hyundai mulls new launch - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Hyundai mulls new launch

Dec 28, 1999

Riding on the success of the Santro and Accent, Hyundai Motors India Ltd. (HMIL) is now considering another launch. A capacity hike is also on the cards. Hyundai has a presence in the Indian passenger car segment through the Santro - small car (11% market share) and the Accent (mid-sized car).

Hyundai plans to increase capacity from 1.2 m units p.a. to 2.0 m units p.a. by 2001. The company plans to sell 72,000 Santros and 6,000 Accents by FY2000.

The company's expansion plans have been fuelled by strong demand for both its flagship models. It is currently exploring body panels, components, engine, and transmission assemblies to its mother plant in South Korea. It is also exporting the Santro (as Visto) in some European markets. It is now exploring export options to other European countries, with the right hand drive. Like a lot of other manufacturers (Daewoo, Ford) Hyundai will use India as an exporting base.

Hyundai seems to have succeeded where more accomplished players like General Motors and Ford have failed. The company has positioned its models as price-competitive and has stolen a march over other manufacturers (both in small-car and mid-sized car segments). It has exploited the boom in the small car segment very shrewdly, and then leveraged its strengths by launching the Accent in the mid-sized car segment.

Equitymaster requests your view! Post a comment on "Hyundai mulls new launch". Click here!


More Views on News

Hero MotoCorp's Manufacturing Halt and Electric Vehicle Shift (Company Info)

Apr 22, 2021

Key reasons why the stock of Hero MotoCorp is in focus today.

TATA MOTORS Announces Quarterly Results (2QFY20); Net Profit Up 117.4% (Quarterly Result Update)

Oct 29, 2019 | Updated on Oct 29, 2019

For the quarter ended September 2019, TATA MOTORS has posted a net profit of Rs 2 bn (up 117.4% YoY). Sales on the other hand came in at Rs 654 bn (down 9.3% YoY). Read on for a complete analysis of TATA MOTORS's quarterly results.

TATA MOTORS Announces Quarterly Results (1QFY20); Net Profit Down 58.4% (Quarterly Result Update)

Jul 29, 2019 | Updated on Jul 29, 2019

For the quarter ended June 2019, TATA MOTORS has posted a net profit of Rs 34 bn (down 58.4% YoY). Sales on the other hand came in at Rs 615 bn (down 8.4% YoY). Read on for a complete analysis of TATA MOTORS's quarterly results.

TATA MOTORS 2018-19 Annual Report Analysis (Annual Result Update)

Jul 5, 2019 | Updated on Jul 5, 2019

Here's an analysis of the annual report of TATA MOTORS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TATA MOTORS. Also includes updates on the valuation of TATA MOTORS.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games? (The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

Top 3 Nifty ETFs to Buy Now (Fast Profits Daily)

Apr 20, 2021

In this video I tell you the three Nifty ETFs I think are the best.

A Stock with 700% Return Potential Comes with Additional Payoffs (Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

11x Bankruptcy to Bluechip Stock: A Rare India Revival Story (Profit Hunter)

Apr 16, 2021

There is no stopping this 11-bagger stock from significant upside.

Why Did the Market Crash on Monday? (Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Apr 22, 2021 (Close)


  • Track your investment in TATA MOTORS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks