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  Hyundai´s H1 Sales Up 17%, Operating Profit grows 25%

 
 
 
     
 
  

 

Hyundai Motor Company, South Korea ’s largest automaker, posted a stellar sales performance. Sales rose 17 percent to 1,489,801 units on a global basis. Net profit rose 939.6 billion won in the first six months of the year from 918.9 billion won a year earlier. Operating profit gained 25 percent to 1.2 billion won.

First half earnings increased on an improved product mix and continued aggressive sales efforts. The company´s exports were led by strong demand for the i30 in and small to midsize sedans in emerging markets. Profits were also helped by favorable currency exchange rates. However, Hyundai Motor plans to overcome the difficulties through its aggressive export strategy.

Higher oil prices and strong demand from emerging markets are boosting sales of small and midsized sedans worldwide. Hyundai Motor will actively respond to this industry–wide shift in demand through its recently–expanded plants in India and China . The company will also open its plant in the Czech Republic by the end of this year, ahead of the planned opening date.

Hyundai Motor will also double its efforts to develop highly fuel–efficient and environmentally–friendly cars, such as hybrid and fuel cell vehicles, in response to higher oil prices and consumers´ environmental concerns. The company will use this challenging business environment as an opportunity to improve its strategy and strengthen its competitiveness.

Hyundai is extremely popular in Oman . Being the anniversary year this years Ramadan promotion is also special. The 5 years / 100000 kms offer is loaded with value for all customers. In addition to 5 years / 100000 kms Free Warranty customers can also avail of the Free Service & Free Insurance with every model. Customers purchasing an Azera can also avail of the 5 years / 100000 kms Free Service offer. All customers get an assured FREE GIFT of LG REFRIGERATOR . With such an offer going on Hyundai becomes one of the most attractive brands in the market.

Apart from being a great value brand, each Hyundai model has something unique to offer to customers, be it the entry level Accent or the newly launched Sonata which offers more power, more space & more luxury. The SUV line-up of Hyundai is definitely the pick of the lot. Tucson’s have become a part of everyday life as more and more youngsters adopt the sporty SUV, the Santa Fe is unstoppable offering remarkable style, space and value at that price and the newly launched Veracruz is the real 4WD for real men with 7 seats, 3.8 ltr engine and unbeatable style.

OTE Group is the exclusive dealer of Hyundai’s range of vehicles in Oman . With a nationwide network of showrooms and service centers, OTE Group ensures that Hyundai customers are never far from getting a wide range of high quality after-sales service. It is this strong partnership that continues to lead more customers to join the Hyundai family.
 

 

 
 
     
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