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Introduction

> The Hyundai Connection

 

AVCO Hyundai

A major part of AVCO International (P) Ltd is its representation of Hyundai Motor Company, South Korea (HMC) and Hyundai Motor India Limited (HMIL) in Nepal. Under this representation status of distributorship for the Kingdom of Nepal, vehicles such as eRLX Santro Xing from India and Accent, Matrix CRDi, Sonata, Getz, Coupe, Tucson, Santa Fe, Terracan, XG, H-100 Minibus and H- 100 Truck from South Korea are sold.

AVCO International maintains an 1excellent service center with state-of-the-art equipments and adequate inventory of spare parts and accessories for better after sales service facilities. Well-trained an highly experienced engineers and mechanics cater to the needs of Hyundai owners’ face in Nepal.

AVCO International’s representation of various multi-national companies in Nepal facilitates the provision of a wide spectrum of products and services. Ranging from passenger cars to helicopters and communication equipment to construction.

We also deal in aircraft parts maintenance & overhaul, security & surveillance equipment, industrial machinery, chemical fertilizers, medical equipment & health related products, airport refueling vehicles & accessories and stell pipes & accessories among others.


Hyundai Motor Company

Chung Ju-yung founded the Hyundai Motor Company in 1947 as Hyundai Engineering and Construction Co. Hyundai Motor Co. (HMC) was established in 1967. The company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968.

In 1975, the Pony, the first unique Korean car, was released, based on Japanese technology from Mitsubishi. The Pony was exported for the first time in 1976. In 1986 Hyundai began to sell cars in the United States, and the Excel was nominated 'Best Product #10' by Fortune magazine, largely because of its low price. The company began to produce models with its own technology in 1988, beginning with the midsize Sonata.

Unlimited optimism and the never-say-die attitude of Mr. Yung – the driving force behind Hyundai – saw the company expand rapidly from year to year and extended its business to the automobile, electronics and heavy industries. Today, the Hyundai Business Group comprises of subsidiaries manufacturing microchips to ships and almost everything in between.

From 1967 till today, Hyundai Motor Company has manufactured and exported 7.8 million cars to over 190 countries.

The objective of Hyundai Motor Company is to be among the top 5 automobile manufacturers by the year 2010, and judging by the quality of vehicles they are currently making, it should happen sooner than later.


Hyundai Motor India Limited

Hyundai Motor India Limited was established in 1996 as a 100% subsidiary of Hyundai Motor Company, South Korea. It has made an initial investment of US $ 614 million in a production plant near Chennai. This plant has the capacity of producing 150,000 vehicles annually.

Its first cars - the Santro was launched in India in 1998 and met with immediate success. Within just 9 months Santro had captured 10% of the competitive Indian market with sales still rocketing upwards. The launch of Santro in India revolutionized the concept of driving, by introducing cars that brought the latest in automobile technology to the Indian roads.

This concept of advance technology at affordable prices has paid dividends as Santro, Accent and Sonata cars are all market leaders in their respective categories in India.

In June 2002, Hyundai Motor India Limited reached a milestone of 300,000 vehicles. A remarkable feat by any standard for a mere 6-year-old company.

To further add to the choice of consumers, Hyundai Motor India has recently launched new Sonata to much critical acclaim.

- Today a network of over 80 dealers in India and Nepal ensure that a Hyundai vehicle reach every potential customer and brings joy and satisfaction to lakhs of owners.


Companies Represented by AVCO

1. Hyundai Motor Company, South Korea
(Manufacturer of Passenger car and light commercial vehicle)

2. Hyundai Motor India Limited
(Manufacturer of Passenger car in India)

3. Ericsson Consumer Products Asia Pacific Pte. Ltd.
(Manufacturer of Cellular and Satellite Phones)

4. Bell Helicopter Textron, USA
(Manufacturer of helicopter and parts)

5. Sei Industries Limited, Canada
(Manufacturer of petroguard, aquaguard terra tanks, pumping system and generators)

6. Sea Inc., USA
(Manufacturer of HF/SSB radio telephone system)

7. Sun Royal Corporation, Japan
(Manufacturer communication equipment)

8. Audiotel International Limited, UK
(Manufacturer of security and surveillance equipment)

9. Simsan Corporation, South Korea
(Manufacturer and supplier of Military Goods & Equipment)

10. Hyundai Corporation, Seoul, Korea

11. Scanna Msc. Limited., UK
(Manufacturer and Supplier of Security equipment)

12. Radiotel Limited, Israel
(Manufacturer of Telecommunication Equipment)

13. Shyam Aces (india) Private Limited
(Satellite and Cellular Service)

14. HCL Infosystems Limited, India
(Enterprises Solution)

 
 
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