Hyundai Motor Company Teams With IBM To Launch World's Most Advanced Telematics Services | Part Two

As cars become increasingly complex, improving maintenance efficiency can lower the overall cost of ownership for consumers and reduce warranty costs for manufacturers. Additionally, manufacturers will be able to use this electronic maintenance information to make ongoing improvements in future cars – thereby extending telematics benefits not only to after-sales services but also to the future design of Hyundai's cars.

"The Hyundai brand has always represented state-of-the-art technology in cars," said Sangkwon Kim, Senior Executive Vice President of HMC's Research and Development Division.

"With telematics developed in alliance with IBM, we can now offer an incredible, new dimension in automobile driving to our consumers that enhances safety, security and connectivity. This will be a major competitive differentiator in our home market of Korea, as well as in future markets.

"HMC is continuing to set new standards for the automotive driving experience that will translate into new opportunities for growth and market-share gain," said Joe Damassa, Vice President of IBM.

"With the increased use of electronics and software in vehicles, telematics represents the biggest step forward for the automotive industry in decades – changing everything about how vehicles are designed, maintained, serviced and even insured. The Hyundai Motor Co. alliance with IBM is at the cutting edge of what leading, wireless information technology has the potential to achieve."

Please note that this venture is still in its development stages and therefore it is too early to announce when the service will arrive in the UK.

Published 29 November 2002 Melanie Carter

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