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Hyundai Motor India Ltd on Wednesday said it will hike prices of its vehicles by up to 1 per cent across its portfolio from next month citing various cost escalations. The company has planned to increase the prices of its cars up to 1 per cent across the portfolio, effective May 2026, Hyundai Motor India Ltd said in a regulatory filing. The price revision is attributed to a combination of various cost escalations, it added. The quantum of increase will vary based on the variants and models, HMIL said. "The company's endeavor is always to absorb rising costs to safeguard our customer from price fluctuations. However, the escalating input costs have necessitated to pass on a part of this impact through a marginal price revision," it said.
Hyundai Motor India Ltd (HMIL) on Wednesday reported a 2.5 per cent year-on-year growth in sales at 69,004 units in March 2026. March 2026 sales comprised domestic sales of 55,064 units -- the highest-ever domestic for any March month with 6.3 per cent Y-o-Y growth, and exports of 13,940 units, Hyundai Motor India LTd (HMIL) said in a statement. The company achieved total sales of 2,08,275 units in the January to March 2026 period, a growth of 8.7 per cent as compared to the year-ago period. This includes domestic Q4 sales of 1,66,578 units, up 8.5 per cent Y-o-Y, the company's highest-ever quarterly tally for domestic sales since inception, it said. In Q4 export contribution stood at 41,697 units, a growth of 9.4 per cent Y-o-Y, the company added. Commenting on the sales performance, HMIL MD & CEO Tarun Garg said, "Continuing the momentum gained in 2026, we have achieved the highest-ever quarterly domestic sales of 1,66,578 units in Q4 FY2025-26." The company remains confident
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, ...
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 ...