Page 3 - Hyundai Motor India Ltd News

Hyundai plans $55.8 billion push, aims to double US local production

Hyundai Motors plans to raise output to 6.2 million vehicles by 2030. The carmaker has trimmed FY25 profit outlook due to US tariffs, but will press ahead with expansion plans

Hyundai Motor India up 3%, at new high on signing long-term wage settlement

At present levels, Hyundai Motor India stock trades at 39 per cent premium when compared with its issue price of ₹1,960 per share last year.

Hyundai to hike employee salaries by ₹31,000 per month over 3 years

Hyundai Motor India and the United Union of Hyundai Employees have signed a three-year wage settlement effective April 2024, offering an industry-best salary hike and enhanced employee welfare

Auto upcycle is here, says Morgan Stanley; Upgrades Maruti, Eicher, Hero

Among companies, Maruti Suzuki is expected to gain market share with new SUV launches and a revival in first-time buyers, prompting the brokerage to raise its target from ₹14,262 to ₹18,360.

Maruti vs M&M vs TaMo vs Hyundai; which auto stock is worth your portfolio?

Auto stocks - Maruti, Mahindra & Mahindra and Hyundai Motor were in focus on Monday amid price cut buzz on lower GST rates, and have gained up to 49% in FY26. Here's a technical check on auto shares.

GST reforms: Hyundai Motor India set to cut prices by up to ₹2.4 lakh

Hyundai to cut prices of Verna, Creta, Venue, i20 and Tucson by up to ₹2.40 lakh from Sept 22 after GST rate cut, making cars more affordable this festive season

Hyundai to cut prices by up to ₹2.4 lakh; Tata Motors by ₹4.65 lakh on CVs

Hyundai Motor India on Sunday said it has reduced prices of its entire model range by up to Rs 2.4 lakh to pass on the GST rate cut benefit to customers. The company said the price cut ranging between Rs 60,640 on Verna to Rs 2.4 lakh on premium SUV Tucson will be applicable from September 22. "This reform is not only a boost to the automotive industry but also a strong step towards empowering millions of customers by making personal mobility more affordable and accessible," Unsoo Kim, Managing Director, Hyundai Motor India, stated. In a separate statement, Tata Motors said it will pass on the full benefit of the GST reduction on its entire commercial vehicle range to customers, effective September 22, 2025, when the revised rates come into effect. The Mumbai-based auto major said prices of CV range would come down in the range of Rs 30,000 to Rs 4.65 lakh. The company has already announced a price cut in its passenger vehicle portfolio.

Nomura backs auto rally post-GST cut; M&M, TVS Motor, Hyundai in fast lane

Nomura expects the GST cut to spark a volume surge of 5-10 per cent across categories, with passenger vehicles (PVs) and two-wheelers leading the growth.

PV sales decline 7% in August as buyers await GST rate cut decision

Domestic passenger vehicle sales dropped 7.3% in August to 330,000 units as buyers and automakers awaited GST Council reforms, with Maruti Suzuki and M&M reporting weaker volumes

Hyundai Motor India sales decrease 4.23% to 60,501 units in August

Hyundai Motor India Ltd on Monday reported a 4.23 per cent decline in total sales at 60,501 units in August, as compared to the same month last year. The company had sold 63,175 units in the same month last year. August sales included 44,001 units in the domestic market and 16,500 units exports, Hyundai Motor India Ltd (HMIL) said in a statement. In the same month last year domestic sales were at 49,525 units and exports stood at 13,650 units. HMIL Whole-time Director and Chief Operating Officer Tarun Garg said the company's goal is to establish India as a strategic manufacturing base for emerging economies and to become Hyundai's largest export hub outside South Korea. "This ambition is gaining strong traction month-on-month. Our exports grew by an impressive 21 per cent year-on-year in August 2025," he said.

Dealerships face inventory glut in August as car buyers await GST cuts

>>ICE vehicle sales hit, EV market hopes held up >>Vahan data shows 3% drop in August auto sales

Festival season cheer on hold as auto buyers await GST relief and discounts

Festival offers are already running with benefits between ₹1.5 lakh and ₹2 lakh on some models

BSE IPO index rallies 2%; Denta Water, Belrise, Hyundai Motor hit new highs

In the past week, the BSE IPO index gained 3.5 per cent, as against a 0.83 per cent rise in the benchmark Sensex index

GST tweaks may impact electric vehicle demand, near-term car sales

Move likely to benefit smaller cars which have been under pressure

Hyundai Motor stock joins ₹2-trn market cap club; zooms 60% from April low

Analysts believe Hyundai Motor India remains well-positioned to benefit from the premiumisation trend in India, given its mix in favor of SUVs

M&M, Eicher, Maruti Suzuki hit record highs: Auto stocks rally decoded

During his Independence Day address on August 15, 2025, Prime Minister Narendra Modi announced a potential rationalisation (reduction) of GST rates before Diwali 2025

Hyundai Motor jumps 5% in two days after Goldman Sachs initiates with 'Buy'

The Hyundai Motor India stock has now risen 4.98 per cent over two days, driven by strong investor sentiment following a bullish initiation report by global brokerage Goldman Sachs.

Festive discounts remain high as carmakers rush to clear inventory

With Rakshabandhan and Ganesh Chaturthi falling during the month, the discounts are almost at a similar level as compared to last year

Hyundai sees automotive demand recovery amid favourable govt policies

For the financial year 2025-26, HMIL projects its domestic growth to align with industry estimates of a low-single digit increase

Economic policies to support demand recovery: Hyundai Motor India MD

Amid global disruptions and macroeconomic uncertainties, India's economic resilience and forward-looking policies are creating a more favourable landscape for consumption-driven sectors like automobiles and such steps are expected to support automotive demand recovery in the near to mid-term, according to Hyundai Motor India Ltd Managing Director Unsoo Kim. Hyundai Motor India Ltd (HMIL) is also evaluating the introduction of Genesis, Hyundai's global luxury marque, in the Indian market. In his address to shareholders in the company's annual report for 2024-25, Kim said the company expects "domestic sales growth to be broadly in line with industry estimates of low-single digit" and 7-8 per cent volume growth in exports in 2025-26. "Global disruptions, macroeconomic uncertainties, and a high base effect continue to pose challenges across the automotive industry. Yet, India's economic resilience and forward-looking policies, including repo rate cuts and income tax relief, are now ...