Hyundai Motor

Hyundai Motor India Ltd on Thursday reported a 6.6 per cent year-on-year growth in total sales at 58,702 units in December 2025. This includes monthly domestic sales of 42,416 units and exports of 16,286 units, Hyundai Motor India Ltd (HMIL) said in a statement. "Driven by the positive momentum from GST 2.0 reforms, Hyundai Motor India recorded a robust 6.6 per cent year-on-year growth in total monthly sales for December 2025," HMIL Managing Director and CEO Tarun Garg said. The company delivered a 26.5 per cent year-on-year growth in export volume in December, he added.

Hyundai Motor India Ltd on Thursday said Tarun Garg has officially assumed charge as its Managing Director & Chief Executive Officer (MD & CEO) from January 1, 2026. This is the first time an Indian national is heading Hyundai Motor India Ltd (HMIL), the Indian arm of South Korean auto major Hyundai Motor Company, since its inception 29 years ago. He succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company (HMC), South Korea. It is a testament to Hyundai Motor Group's confidence in India's leadership and India's growing strategic importance in the global automotive landscape, HMIL said in a statement. This leadership transition underscores Hyundai Motor Group's confidence in India's growth story and its strategic importance, setting the stage for a new era of innovation, resilience, and progress, it said. Garg's leadership will focus on four key pillars of future-ready strategy; people and market focus; customer-centric approach and 'Make in India, ...

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Hyundai Motor India Ltd on Thursday announced the appointment of Sunil Moolchandani as its Function Head - National Sales. As per a regulatory filing by the company, Moolchandani previously served as the Chief Commercial Officer (Central Zone) at Maruti Suzuki India Ltd. He has over 24 years of experience in the automotive and commercial sectors. "His appointment reflects HMIL's continued focus on strengthening its national sales framework and building deeper connections with customers across key markets," Hyundai Motor India Ltd (HMIL) said in a statement. The company further said, "Moolchandani's leadership is expected to further HMIL's commitment to excellence, innovation and customer satisfaction - core pillars that continue to define Hyundai's journey in India." Moolchandani holds a Bachelor of Engineering (Electrical) from the University of Pune, completed in 1999, and a Post Graduate Diploma in Management (PGDM) from Symbiosis Centre for Management and Human Resource ...

Hyundai plans 26 launches, including seven new nameplates and India's first locally made electric SUV by 2027, as part of its Rs 45,000 crore growth roadmap

Hyundai veteran Tarun Garg will succeed Unsoo Kim as MD & CEO from Jan 1, 2026, marking a new chapter in the automaker's India journey

Garg will be the first Indian to lead the company since it started operations in 1996

South Korean auto major Hyundai Motor Co President & CEO Jose Munoz on Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution. The company also aims to increase its revenues by 1.5 times and cross the Rs 1 lakh crore milestone by FY2030 under its 2030 growth roadmap. Under the roadmap, HMIL plans 26 product launches by FY2030, including seven new nameplates, marking its entry into the MPV and off-road SUV segments. The company also aims to roll out a locally designed, developed and manufactured dedicated electric SUV for the Indian market by 2027. The company will also launch the luxury segment brand Genesis in India by 2027. "Following our landmark IPO last year and 30 years of success in India, now HMIL plans an investment of Rs 45,000 crore

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