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Hyundai India has announced that it has exported around 5000 vehicles in the month of May, after resuming production in its Chennai facility on May 8th. Hyundai is the nation’s leading exporter, and has achieved the feat of becoming the first company to cross 3 Million exports to 88 global markets. The company has reportedly exported around 1.7 Lakh units in 2019 alone, which includes 792 variants of cars customized for various markets as per the requirements.
Hyundai thus underlines its key commitment – “Make in India – Make for the World”. “This is a testimony of Hyundai’s resilient efforts towards localization and to accentuate economic recovery. Drawing strength from Hyundai’s vision of ‘Progress for Humanity’ we will continue to offer all-round premium experience to our customers through our quality products, both in India and global markets” – quoted Mr. S S Kim, MD & CEO, Hyundai Motors India Ltd.
The company currently exports around 10 models from its Indian plant to various markets across the globe, that includes – Atos (Santro), Grand i10, Xcent, Grand i10 (Nios) & Grand i10 (Aura), Elite i20, i20 Active, Accent (Verna), Venue and all new Creta.
(The article is written by Karthick. He is an auto enthusiast, and an engineer by profession, currently employed in an auto MNC at Chennai; has a craving on new tech and a particular interest on the Indian automotive market.)
As automobile enthusiasts; we yearn to learn more about the brands we love. Hence; we are happy to present the Interesting Facts series where we will cover lot of unknown facts about the famous automobile brands.
The First Brand to be included in the series is BMW. Bayerische Motoren Werke AG, commonly referred to as BMW, is a German MNC which produces luxury cars and motorcycles. The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 until 1918 and again from 1933 to 1945.
Interesting Facts about BMW –
1. During WWI, BMW built the airplane engine. The Early airplane engines rewrote the record book, BMW-powered biplane hit 32,000ft in 1919.
2. BMW’s headquarters is a giant homage to its four-cylinder heritage.
3. The Early airplane engines rewrote the record book, BMW-powered biplane hit 32,000ft in 1919.
4. Everyone thinks the iconic logo represents a spinning propeller, the logo existed before it ever graced a propeller.
5. You can thank the Treaty of Versailles for getting BMW into cars
6. BMW didn’t even design its first car, rather it was a rebadged Austin 7 –
7. In 1937, the world record for fastest motorcycle went to a BMW!
8. In the late ’50s, BMW almost became part of the same corporate family as Mercedes!
9. BMW’s storied M1 supercar was supposed to be built by Lamborghini.
10. BMW made its first electric car in 1972
In late 1970s, Hindustan Motors wanted to enhance its lineup after selling Ambassador for almost three decades. They saw an opportunity when Vauxhall was phasing out the VX series and Contessa was born. Contessa was primarily based on the Vauxhall VX Series – rather based on the Vauxhall Victor, which was the last model in the VX Series. The Victor briefly was Britain’s most exported car during its time! It was exported to markets as far flung as the United States (sold by Pontiac dealers), Canada, Australia, New Zealand, South Africa, and Asian right-hand drive markets such as now Sri Lanka, India, Pakistan, Malaysia, Thailand, and Singapore.
Hindustan Motors acquired the production tooling and technology from Vauxhall and the production line was set up alongside the Ambassador at Uttarpara near Kolkata and the first test cars were ready by 1982. Series production was under way by the spring of 1984. To keep the costs under check, HM Contessa was introduced to the Indian market with the 50 hp (37 kW), 1.5 L BMC B-Series engine which also powered the Ambassador, in a slightly modified form along with the Hindustan four-speed gearbox. Contessa boasted of a roomy interior and plush ride, but was criticised for the underpowered engine and primitive gearbox. The car had a Top speed of around 125 km/h.
Things changed in the late 1980s, when Hindustan Motors tied up with Isuzu and started manufacturing their 1.8 L 4ZB1 petrol engine and matching five-speed gearbox for installation in the Contessa. The new car was called the Contessa Classic with distinctive “CLASSIC” and “1.8GL” badging on the trunk lid. The car was an instant success and set a new standard for refinement, power and luxury in the Indian market. The BMC-engined model was phased out in short order. The car could now achieve an increased top speed of 160 km/h. In the 1990s, Hindustan started manufacturing the 2.0 L Isuzu 4FC1 diesel engine that came to power the Contessa Diesel. It as well was an instant success. A turbo diesel version was also introduced a few years later.
We present the reasons why the HM Contessa makes an entry in the ‘Gone but not Forgotten’ series –
Contessa has also been imagined as an electric car and we love they way it has been done by Mighty Seed.
Every auto enthusiast in India has a nostalgic memory reserved for the Contessa and will always be remembered for its evergreen retro looks and enthusiastic performance.
The Coronavirus pandemic has created a chaos in the Auto Industry and these trying times demand Disruptive Innovation in the way business is done!
The Automobile Dealerships Fraternity is one of the worst hit business in the current times. The Business was already grappling with the economic slowdown in the previous FY and the covid 19 pandemic made the situation even worse for the automobile industry. The lockdown in India meant that the OEMs and the dealerships were completely shut during the period and both the parties faced colossal business losses. The lockdown’s impact to the automotive sector has been so severe that the industry body SIAM estimates that the auto industry would have lost ₹2,300 crore turnover every day due to the lockdown. In dealerships perspective; the losses would actually be more lethal and it is time that they take adequate steps to slowly move towards normalcy.
Let us first see how the businesses have resumed post lockdown:
So what should the Automobile Dealerships do deal with the current situation? We strongly believe in the philosophy of ‘ADAPT TO SURVIVE‘ and the steps we recommend is as mentioned :
As per FADA; the automobile dealerships across the country employs over 40 lakh people at dealerships and service centres. These include 25 lakh direct employees and another 15 lakh who are dependent on dealerships for their livelihood. It is extremely imperative that the automobile dealerships make a way out of this chaos till demand picks up. And yes; there will be a shift in consumer demand. People are going to want private transportation and would not want to use public transportation – But unless it translates into end sales; dealerships will have to survive till then!
The Punto was actually the worldwide successor of the Uno in Fiat’s portfolio. Fiat had launched the Punto nameplate globally in the year 1993. Internally code-named Project 176, the Punto was announced in September 1993 as a replacement for the ageing Fiat Uno and was finally launched in the end of 1993 in the global markets. The Fiat Punto was voted European Car of the Year for 1995, defeating rival Volkswagen Polo! Punto was designed by one of the world’s most iconic car designer Giorgetto Giugiaro – He had designed models in brands like Alpha Romeo, Maserati, VW, Lamborghini & even Ferrari. Giugiaro is widely famous for designing the DMC DeLorean which was notable in its own time for its unique design and was also featured in the Hollywood Blockbuster Series Back to the Future.
India actually received the third generation Punto; also known as the Grande Punto. The car was based from the GM Fiat Small platform – Developed from 2002 in Italy, by Ulrich Schmalohr the engineer head of Opel (subsidiary of General Motors) and Giorgio Cornacchia head-project of Fiat Auto the Small platform was designed to be adaptable for Fiat Group and General Motors small cars. Even the Opel Corsa D was developed from the same platform. The Grande Punto was launched in India during the Delhi Auto Expo in January 2008, with sales starting in June 2009. The Punto was manufactured by the Fiat Tata Motors joint venture Fiat India Automobiles Ltd (FIAL) in a new plant in Ranjangaon, Maharashtra.
We present the reasons why the Fiat Punto makes an entry in the ‘Gone but not Forgotten’ series –
Let us look at the Punto’s Sales Trend through its years of existence in the Indian market –
Punto made an impact for pioneering the ‘hot hatch’ culture in India. The Indian consumer was traditionally devoid of performance oriented, good looking and capable hatches – Fiat broke the mould and launched the Punto in the Indian market. Punto was always an enthusiasts car and shall always be remembered as one!