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