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HYUNDAI MOTORS PVT. LTD.
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Introduction
Division ofHyundai KiaAutomotive Group
Fastest growing Automaker
Human Workforce 75000
Country Presence 193
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The Story at Home South
Korea
1946 Hyundai Auto Service
1968 to 1976 - Ford Motors Contract(Cortina & Granada)
Milestone achieved Assembly Knowledge,Blueprint and lot more
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The growing days
South Korean Govt. initiation
Hyundai Strategy Production of 80,000 cars per year.
Acquiring additional technologies.
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The India Entry Strategy
Started a Wholly
Owned Subsidiary in
India in 1995
Entered the market
through Small Car
modeled for Indianroads Santro
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TOTAL SALES GROWTH
Dominated the Auto Market
since beginning
HMIL growth has been
driven by Volume-Oriented
revenues coupled withTechnological Soundness
and Superior Designs
Focused on latest
technology
Used Innovative MarketingStrategies
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INTERNATIONAL BUSINESS
Started exporting cars in99 to Nepal & currentlycatering to 110 countries
Reached the firstmilestone ofexporting100,000 cars in 4 yrsand 10 months in Oct
04
In a short span hascaptured 66% marketshare in Total Export ofpassenger cars in India
In 2009, it recorded10.9% export growth inspite of Global Recession
Regular Fast ExportTrack records in Millions
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Source: http://www.hyundai.com/in/en/CompanyInfomation/AboutHMIL/Profile/HMILExports/index.htm
http://www.hyundai.com/in/en/CompanyInfomation/AboutHMIL/Profile/HMILExports/index.htmhttp://www.hyundai.com/in/en/CompanyInfomation/AboutHMIL/Profile/HMILExports/index.htmhttp://www.hyundai.com/in/en/CompanyInfomation/AboutHMIL/Profile/HMILExports/index.htm -
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The dream debut helped propel HMIL cross the 1 lakh sales mark by 2002, and emerge acomfortable No 2 player in the Indian market. It still is at the No 2 spot, but hasn't beenable to close the gap with Maruti, even as the likes of Toyota, Nissan and Mahindra &Mahindra gain share at the Korean carmaker's expense.
Today, even if it has the range HMIL will be hard-pressed to take on Maruti as it may not
have the volumes. The Korean automaker has a capacity to make roughly 6.5 lakh units inIndia. Maruti, on the other hand, can make double that number of passenger vehicles.
"If Hyundai has to maintain its market share and challenge Maruti Suzuki, it will have tolook at two critical strategies-indigenous production of diesel enAgines and maintaining abalance of the domestic sales and export mix," says VG Ramakrishnan, senior director,
automotive practice, Frost & Sullivan. HMIL exported some 2.38 lakh vehicles in fiscal year2012 - most of them i10s -- as against just 1.27 lakh that Maruti did. Clearly, HMIL's strategyto make the country a hub for exports is working like a charm, but the danger is thatsuccess may be coming at the expense of growth in the Indian market.
SUMMARY OF THENEWS
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REASON FALLING HYUNDAI SHARE
1) HIKE IN FUEL PRICES.
2) HIGH INTREST RATE.
3) BETTER COMPETITORS STRATEGY.
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Thank You