Was booked Hyundai Verna but cancelled it and taken delivery of Honda City today itself. @HondaCarIndia thanks for same day delivery!
Action Reaction pic.twitter.com/z8LS9qW5SP — CA Ashutosh Soni (@CA_AshutoshSoni) February 6, 2022
Following the social media posts tagging the wholly owned subsidiary and calling for boycott of the car brand, Hyundai India responded by issuing a statement, “Hyundai Motor India has been committed to the Indian market for more than 25 years now and we stand firmly for our strong ethos of respecting nationalism.”
“The unsolicited social media post linking Hyundai Motor India is offending our unparalleled commitment and service to this great country. India is second home to the Hyundai brand and we have zero tolerance policy towards insensitive communication and we strongly condemn any such view,” the statement added.
Official Statement from Hyundai Motor India Ltd.#Hyundai #HyundaiIndia pic.twitter.com/dDsdFXbaOd — Hyundai India (@HyundaiIndia) February 6, 2022
“As part of our commitment to India, we will continue our efforts towards the betterment of the country as well as its citizens,” Hyundai India also said in the statement.
Hyundai Motor India Limited (HMIL), founded back in 1996, is a wholly owned subsidiary of the South Korea-headquartered Hyundai Motor Company. Hyundai Pakistan or Hyundai Nishat Motor Private Limited is a joint venture between Hyundai Motor Company and Nishat Mills, which is the authorized assembler and manufacturer of the South Korean automaker’s vehicles in Pakistan market. It began production in the country in 2019.
In the Indian market, Hyundai is the second largest automobile manufacturer, having 17.42% market share (as of FY 2021).