multinational corporation (MNC)

A multinational corporation (MNC) or transnational corporation (TNC), also called multinational enterprise (MNE), is acorporation or an enterprise that manages production or delivers services in more than one country. It can also be referred as aninternational corporation. The International Labour Organization (ILO) has defined an MNC as a corporation that has its management headquarters in one country, known as the home country, and operates in several other countries, known as host countries.

Tuesday, June 1, 2010

Hyundai Motors India Limited

The South Korean automobile manufacturer of India, Hyundai Motors is ranked as sixth biggest car maker in the world. Its subordinate, Hyundai Motor India Limited (HMIL), is the second biggest car producer in India with popular brands such as Getz, Sonata Embera, Santro, Elantra, Accent and Tuscon under it. The firm has been certified under ISO 14001 for entailing sustainable eco-friendly administration practices.

About Hyundai Motors India



Initiated in the year 1967, Hyundai Motor Company (HMC), has its headquarters at the capital of South Korea - Seoul. HMC is a segment of Hyundai Kia Automotive Group and administers the world's biggest incorporated vehicle service at Ulsan situated in South Korea.

Hyundai Motor India Limited (HMIL), currently has more than 30 modifications of passenger cars in six sections. The various cars feature in different divisions such as Santro is B type car, Getz a B+ type car, Accent C type, Elantra D type, Tucson SUV type, etc.

In the financial year 2006, the company registered joint sales of 252,861 units with a steady expansion of 17.26%. In a span of 7 and half years, HMIL launched 1,000,000 passenger cars and is recognized as the chief exporter of cars with an annual export turnover of Rs. 1,800 crores.

To expand its business network, HMIL has entered into retail joint venture with many financial organizations in India like Sundaram Finance, Mahindra Finance, HDFC Bank, Punjab National Bank, etc.

Hyundai Motors India - Products



  • Hyundai Accent - Set with improved engine machinery, high-tech design and security features, Hyundai Accent spells style, opulence, control and top performance.
  • Hyundai Tucson - 60,000-mile basic guarantee, multipurpose interior, revamped 2005 Kia Sportage, five doors, etc are some of the features that Hyundai Tucson boast of. A compact intersect SUV, Tucson can be altered between two-wheeled drive and four-wheeled drive. 
  • Hyundai Elantra - India's foremost Luxury Sedan, Hyundai Elantra takes pride of its stylish exteriors and lustrous design. The technical specifications of the car includes Traction Control system, Automatic and improved Brake Force and self regulating suspension system. 
  • Hyundai Sonata Embera: A fifth generation Sonata car, Hyundai Sonata Embera is efficient, chic and has an advanced suspension system. The car is famous for its superb pick-up and speed.
  • Hyundai Getz - recognized for its European appeal, Hyundai Getz is an amalgamation of comfort, expertise and functionality. 
  • Hyundai Verna: Made of contemporary, stylish and sparkling surface, Hyundai Verna is displays grace and flamboyance. Sporty yet luxurious, Verna is rated high in performance level. 
  • Hyundai Santro Xing: Recognized for its power competence and consistency, Hyundai Santro Xing, is an improved version of Hyundai Santro that comes with added characteristics for Indian families.
  • Hyundai Terracan: Grandiose and tough, Hyundai Terracan 2.9CRDT is designed to glide off-road. An indisputably impressive car it can be switched between two-wheeled drive and four-wheeled drive..

Hyundai Motors India - Latest Launches



  • Hyundai I-Series
  • Hyundai i10 Kappa
  • Hyundai i20
  • Hyundai i10 Diesel Variant
  • Hyundai Genesis Coupe
Contact Details

A-30, Mohan Co-Operative Industrial Estate,
Mathura Road, 
New Delhi - 110044
Tel: + (91)-(11) - 41678800
+ (91)-(11)-26924645
Fax: + (91)-(11) - 41678811
Website - www.hyundai-motor.com
www.global.hyundai-motor.com
cr@hmil.net
 

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