Hyundai unifies their used car business as ‘H-Promise’

New Delhi, April 15, 2014: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter today, unified its used-car business under the brand name “H-PROMISE” globally. Formerly known as “Hyundai Advantage”, H-Promise will be an integrated program which will provide one stop solution to the needs of replacement customers.

Hyundai unifies their used car business as 'H-Promise'A significant step towards the achievement of ‘Customer Delight’, “H” symbolizes Hyundai & its Customers association of trust & togetherness which goes hand in hand. Through H Promise, Hyundai will be able to spread awareness, information and increase transparency among the used car customers.

Commenting on this occasion, Mr. B S Seo, MD & CEO, Hyundai Motor India Ltd, said, “With a strong customer base and a robust network established in the market, we are delighted to bring our used car business under the globally acclaimed H-Promise. H-Promise will be a unified brand that will offer our commitment for customer-oriented service and strive for customer satisfaction.”

Under the new initiative, H-Promise offers a probe for “up gradation to a bigger car @ lower EMI”. Hyundai Motor India has revamped its used car website (http://hpromise.hyundai.co.in) , which gives customers an online platform for Buying, Selling & Exchange of Used Cars. Hyundai Motor India currently maintains 335 operational dealers in 225 locations across India.

Benefits for Used Car Buyers:

· Hyundai backed warranty for 1 year OR 20,000 Kms (Whichever earlier)
· 2 free services
· Certified by Hyundai
· Cars refurbished with Hyundai Genuine Parts
· Non Accidental Cars (No Structural Damage)

Benefits for Exchange Customers:

· Best Price & Transparent 147 point evaluation
· Best deals on new cars
· Attractive Exchange Offers
· Assurance of car going into the right hands
· Hassle free Transaction
· Flexible down payment with Lower EMI

During CY2013, Hyundai recorded 70,000 exchanges and sold over 15,000 certified used cars. By the end of CY2014, the company projects 85,000 exchange sales, stretching the sales of its certified used cars to 18,000 with the operational dealership network climbing to 360 across India.

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 ten car models across segments – in the A2 segment it has the Eon, Santro, i10, Grand, i20 and Xcent, 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 388 dealers and more than 1000 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.