Claim: Hyundai Motor India Limited is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea and is the second largest automobile manufacturer with 16.2% market share as of February 2019.
Evidence: Hyundai Motor India Ltd is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea. It is the second largest automobile manufacturer with 16.2% market share as of February 2019 and US$5.5 billion turn-over in India.