Business Standard
Tuesday, Nov 24, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios II
  Search:

Hyundai takes potshots at Maruti
Swaraj Baggonkar / Mumbai June 6, 2009, 0:00 IST

The battle for market between two of the country’s largest car makers — Maruti Suzuki and Hyundai Motors — may well get into another round of mud-slinging due to claims made in an advertisement.

 
 
Related Stories
News Now
-Fiat to launch Grande Punto on June 17
-Auto sales' rough ride continues
-Auto sales overall positive in May
-Maruti sales up 15.75% in May
-Maruti testing cars on CNG platform
-Maruti Suzuki: Ritz vs Swift

Korean auto company Hyundai has used the findings and comments made by European auto magazines and auto experts to show Maruti’s newly launched hatch-back Ritz in poor light. Hyundai, in a web advertisement for its successful hatch-back i10, has made direct comparisons between the model and Maruti Ritz, using strong negative comments given by automotive experts.

In addition, the Korean company in a newspaper advertisement today also made comparisons between the equated monthly instalments (EMIs) payable on its range of models with that of just Maruti Suzuki models, highlighting the price advantage of Hyundai models.

The web promotion by Hyundai carries 10 different reasons why buyers should go in for the i10 and not the Ritz. Titled ‘The Ritz has no Glitz’, Hyundai’s latest campaign against Maruti is reminiscent of its earlier similar campaign titled ‘Xing ahead of the Swift’, launched more than three years ago.

Incidentally, both the models — i10 Kappa and Ritz — sport a similar capacity (1.2 litre) petrol engine, while costing Rs 4.05-Rs 5.30 lakh (ex-showroom Mumbai). Ritz also has a diesel variant, but the i10 comes only in petrol.

An email questionnaire sent to spokespersons of Hyundai failed to elicit a reply. While a Maruti Suzuki spokesperson said that, so far, the company hasn’t initiated any legal action against the advertisement, but is studying the material.

Owing to a slump in demand for cars in the domestic market, manufacturers are compelled to focus on increasing their market share targeting each others market.

Hyundai’s domestic sales saw a dip of 4 per cent in May at 23,503 units, while its April sales were only marginally better by 3.5 per cent at 22,247, as compared with the corresponding months of the previous year.

Arrow Other Stories     
- Sensex ends up 130pts
- FII-TO-FII: Union Bank traded at 3% premium
- Bihar govt issues legal notice to RIL
- No word from Tata on Singur land compensation: govt
- Insurance sector to see 10% growth in 5-6 year: IRDA
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Infosys BPO chief quits; to join HDFC Standard Life
- Search for Tejas engine nears its end
- Mittal plans 6 mt plant in Karnataka
- Tea with BS: Amitabh Bachchan
- Kurbaan could be Karan Johar's first flop
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should educational institutions be allowed to approach the capital market?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback