BWI: Hyundai Grand Wins the “Indian Car of Year 2014” Award (ICOTY)

Press release from Business Wire India
Source: Hyundai Motor India Limited
Thursday, December 19, 2013 02:10 PM IST (08:40 AM GMT)
Editors: General: Entertainment, People; Business: Automotives, Business services, Media & entertainment; Automotive
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Hyundai Grand Wins the "Indian Car of Year 2014" Award (ICOTY)


New Delhi, Delhi, India, Thursday, December 19, 2013 -- (Business Wire India) -- Hyundai Motor India Ltd, the country's second largest car manufacturer and the largest passenger car exporter has won the most coveted Indian Car of the Year 2014 (ICOTY) award for the newly launched Grand. Grand has created a new benchmark in terms of quality, features and technology offering higher value proposition to Indian customers.

Hyundai Grand has earned the country's highest automotive award in the most competitive and rapidly growing automobile Indian market. The ICOTY award has been instituted by the most eminent jury of Sr. Editors of all the prominent automotive publications in the country like Top Gear, Auto India, Motoring, Car India, Overdrive, Auto Bild, AutoX, Hindu Business Line and EVO.

On receiving the award, B S Seo, Managing Director & CEO, Hyundai Motor India Ltd, said, "We are honored to win the most prestigious automotive award - The Indian car of the Year 2014. The Grand is a world-class product developed for the Indian market and winning the ICOTY 2014 marks its phenomenal success. The ICOTY 2014 symbolizes Hyundai's commitment to Indian customers by offering high standards of quality, durability and reliability. Grand has consolidated Hyundai's its position as a trendsetter and leader in the premium compact car segment. We are humbled by the overwhelming response and appreciation Grand has received by the customers, media and jurors. We thanks our customers for making Hyundai Grand a grand success."

Congratulating the winning car, Mr. Girish Karkera, Editor, BBC TopGear India & Chairman of the jury, Indian Car of the Year 2014 said, "Nowadays manufacturers are getting so competitive with making cars that it gets very difficult to choose one car over the other. The differences are sometime almost negligible and with our kind of fair voting system the verdict can go either way. Indian Car of the Year title is a respected one and I am happy to see a car as good as the Grand i10 now wearing the crown. In our collective votes it has come out on top as a wholesome product with that added flair that has tilted the verdict in its favour."

Launched in September this year, Grand with its premium features and stylish design marked Hyundai's entry into the Compact High Entry Segment in India. With over 1,000 cr investment, Grand received an overwhelming response and entered the chart of top 5 selling car brands in India within second month of its launch. Over 35,000 units have already been delivered to happy customers across India in just 90 days of its national launch in September 2013.

The Grand showcases a Modern, Sporty, Trendy and Progressive styling. Grand has been designed at Hyundai European design centre in Germany using design cues of Hyundai's globally acclaimed 'Fluidic Design' theme. The Grand has been developed for the Indian market to cater to the needs of the evolved Compact High Entry buyers who values, style, space, economy and technological features. Hyundai Motor India Ltd. and Hyundai Motor Company Namyang R&D Engineers have worked closely from the conceptual stage to the final product development.

About HMIL

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently markets nine car models across segments - in the A2 segment it has the Eon, Santro, i10, Grand and the i20, in the A3 segment the Verna, in the A4 segment the Elantra, in the A5 segment Sonata and in the SUV segment the Santa Fe.

HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities. HMIL forms a critical part of HMC's global export hub. It currently exports to around 120 countries across EU, Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India's number one exporter for the past eight years consecutively. To support its growth and expansion plans, HMIL currently has 382 dealers and more than 980 service points across India. In its commitment to provide customers with cutting-edge global technology, HMIL set up a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavors to be a center of excellence in automobile engineering.

To view the photographs, please click on the links given below:

Mr. J.H Shin, Sr. Director and Plant Head, HMIL and Mr. Rakesh Srivastava, Sr. VP, Sales and Marketing, HMIL with the Grand

Mr. J.H Shin, Sr. Director and Plant Head, HMIL and Mr. Rakesh Srivastava, Sr. VP, Sales and Marketing, HMIL with Mr. Arun Kumar Bajoria, President and Director, JK Tyre and Industries Ltd
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/IMG_1(328).jpg
Mr. J.H Shin, Sr. Director and Plant Head, HMIL and Mr. Rakesh Srivastava, Sr. VP, Sales and Marketing, HMIL with the Grand
http://www.BusinessWireIndia.com/attachments/IMG_2(65).jpg
Mr. J.H Shin, Sr. Director and Plant Head, HMIL and Mr. Rakesh Srivastava, Sr. VP, Sales and Marketing, HMIL with Mr. Arun Kumar Bajoria, President and Director, JK Tyre and Industries Ltd


CONTACT DETAILS
Ravi Sharma, Hyundai Motor India Limited, +91 9873136644, ravisharma@hmil.net
V Anand, Hyundai Motor India Ltd., +91 9810758141, anandv@hmil.net
Sukriti Kalra, IPAN H+K Strategies, +91 9910393262, sukriti.kalra@hkstrategies.com

KEYWORDS
ENTERTAINMENT, PEOPLE, AUTOMOTIVE, BUSINESS SERVICES, MEDIA, AUTOMOTIVE

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