Hyundai Motor India Nationwide Freedom Drive from August 14–21

 Hyundai Motor India Ltd., country’s first smart mobility solutions provider and largest exporter since inception, today announced the commencement of Nationwide Freedom Drive across all Hyundai workshops, with an objective to make customers mindful of Periodic Maintenance Schedule. Customers can avail special offers on Labour, Car Sanitization & Under body coating for their Hyundai cars from August 14 – 21, 2020.

Commenting on the Freedom Drive, Mr. Tarun Garg, Director – Sales, Marketing & Service, said, “Hyundai’s philosophy is to be the Lifetime Partner of its customers and Freedom drive is a step towards providing a delightful customer experience. This unique service initiative is aimed at educating customers about periodic maintenance with an intention to provide seamless service experience, enhancing customer’s peace of mind.” 

Customers’ offers and benefits for Freedom Drive at select Dealers include:

• Free 50-point check & hi-touch points sanitization

• Complete interior sanitization packages starting from ₹ 599

• Up to 20% discount on labour charges

• 15% discount on Underbody Coating

With over 1300 service outlets, HMIL is committed to provide the most comprehensive and qualitative service. Hyundai service facilities can also be experienced via 360° Digital & Contact-less Service. From online service booking through Hyundai Care App, Vehicle status update via WhatsApp, Pick & Drop from home/office and online payment facility, a touch free service experience is ensured for the customers, wherever they are and whenever they want to. Hyundai has endeavoured to establish service benchmarks in the industry with its leading service initiatives and No.1 rank in JD Power Customer Service Index study for 3 years consecutively.

Hyundai CRETA Sets a New Benchmark Crosses 500 000 Sales in Domestic Market

 Summary 

* HMIL Leads the UV Segment with 4 Super Performer SUVs – All New CRETA, VENUE, TUCSON and KONA Electric Registering Sale of 34, 212 Units (April~July, 2020)   

* ALL New CRETA Leading the SUV segment in July 2020 with sales of 11,549units

* All New CRETA remains Best-selling SUV for three consecutive months (May,   June and July 2020) 

* All New CRETA receives a great response with more than 65 000 bookings since it’s  launch in March, 2020

Hyundai Motor India Ltd. (HMIL), country’s First Smart Mobility Solutions provider and the largest exporter since inception announced an impressive feat for Hyundai CRETA achieving the 500 000 domestic sale milestone.

Commenting on the achievement, Mr Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India Ltd. said, “Hyundai CRETA has been the blockbuster model in the Indian Automobile industry ever since its launch in 2015. Redefining the SUV landscape in India, CRETA’s supremacy transpires from Hyundai’s technological prowess and innovation, outperforming the industry benchmarks in all aspects. With the  500 000 sales mark, the CRETA has set yet another benchmark in the industry, reaffirming a legacy of leadership in the SUV segment. At Hyundai Motor India, we are continuously strengthening our portfolio with the best-in-segment features and technologically advanced products to make our customers’ life a happy life.”

He further added, “HMIL has also contributed strongly in the UV Segment with 4 Super Performer SUVs – All New CRETA, VENUE, TUCSON and KONA Electric registering sale of 34 212 Units (April ~July, 2020) showcasing customer acceptance of SUVs in the Hyundai portfolio leading to higher brand affinity.”   

The All New CRETA has been the Best-selling  SUV for three consecutive months of May, June and July, 2020. Further, the all new CRETA has received over 65 000 bookings since launch in March 2020. The contribution of Diesel in the All New CRETA bookings continues to soar and is now at 60% indicating a strong demand for Hyundai’s advanced and globally proven Diesel BS6 Technology. 

Additionally, The Made-in-India, All new CRETA, has created waves across 88 countries and cemented its position in the global market as well.

Hyundai CRETA continues to be on top of experts’ mindshare and has championed India’s Most Respectable Awards and accolades to its credit.

All new CRETA is powered by new BS6 engines - 1.5 L MPi Petrol (6MT/ IVT), 1.5 L U2 CRDi Diesel (6MT/ 6AT) and Powerful 1.4 L Kappa Turbo GDi Petrol (7DCT). To enhance the Driving Experience, All New CRETA comes with 3 Drive modes (Eco, Comfort & Sport) and Traction Control Modes (Snow, Sand & Mud) that optimise the driving comfort across different terrains.

Toyota considers layoff of 1,000 full-time jobs

Toyota Motor Corp is considering cutting more than 1,000 full-time jobs in North America and the United Kingdom to cope with faltering global demand, a news report said on Friday.

The details of the job cuts will likely be finalised by the end of the month, said the Nikkei, Japan's top business daily, citing an unnamed senior company official. Japan's top automaker could slash more jobs in other regions if global auto sales continue to slump, the daily said.

Toyota spokesman Yuta Kaga declined to confirm the report, saying nothing had been decided.

Mike Goss, a spokesman for Toyota's North American manufacturing operations, said Toyota is considering "additional steps" after making several production adjustments in recent months, but no decisions have been finalised.

"Current business conditions are not forcing us to make involuntary reductions of Toyota team members," he said in a written statement.

Hit by the collapse in demand for cars, Toyota is expecting to incur its first operating loss in 70 years. The company on Tuesday tapped Akio Toyoda, grandson of the Japanese automaker's founder, as president, paying homage to its roots amid a deepening global downturn.

The US-educated Toyoda, 52, is the first founding family member to take the helm at the Japanese auto giant in 14 years.

Like other Japanese automakers, Toyota has been reducing temporary workers at its auto plants in Japan to curb production amid the global recession.

Harley said its fourth-quarter profit fell 58 per cent to $77.8 million, or 34 cents per share, for the quarter ended Dec. 31, compared with $186.1 million, or 78 cents per share, in the same quarter last year.

Revenue fell 6.8 per cent to $1.29 billion from $1.39 billion in the year-ago quarter.

The results fell short of Wall Street estimates. Analysts surveyed by Thomson Reuters expected 57 cents per share on sales of $1.29 billion, on average.

Harley said its financial-services division swung to an operating loss of $24.9 million in fourth quarter, hurt by write-downs totaling $63.5 million. The company said it is evaluating ``a range of options'' to provide funding for the ailing Harley-Davidson Financial Services. Many analysts have suggested the lending unit may have to be sold because it has been unable to unload its debt in the financial markets.

For the full year, Harley said its earnings fell 30 per cent to $654.7 million, or $2.79 per share, from $933.8 million, or $3.74 per share, in the same quarter last year. Sales fell 2.3 per cent to $5.59 billion from $5.73 billion in 2007.

Analysts expected $3.02 per share on sales of $5.61 billion in revenue for the year. Harley said it would not provide earnings guidance for 2009, but analysts call for $2.15 per share.

Agencies