Tata, Mahindra & Mahindra, JSW MG Motor and Hyundai are concerned that a weight-based relief risks hurting India's EV goals
The September incident, which saw federal agents detain 475 workers, mostly Korean, at a Hyundai-LG Energy Solution Ltd. facility, was a "bad surprise," Muñoz said
Exports, lean costs, and tax cuts keep growth engines humming, but next bend will call for sharper steering
HMIL exported a total of 51,400 units in the second quarter, recording a 21.5 per cent Y-o-Y growth
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
Boosted by GST 2.0 cuts and festive demand, Mahindra overtook Hyundai in September PV wholesale, however, Hyundai's Creta set a new record with 18,861 units, its best-ever monthly sales
Stocks to watch today, September 8, 2025 | Aurobindo Pharma: USFDA issued 8 procedural observations after inspecting Telangana Unit-XII.
Hatchback volumes shrink as SUV demand surges; Hyundai maintains margin despite cost pressures, bets on exports, rural reach and festive boost in second half
With $2.9 billion in average annual research and development (R&D) spend (2.5 per cent of revenue), the parent firm enables Hyundai India to fast-track innovation and expand exports.
Hyundai also significantly boosted its rare earths inventories during a recent period when China had slightly relaxed its export restrictions
Hyundai and Kia divest stakes in Ola Electric amid stock decline, sector challenges and rising uncertainty from US tariff actions
The company announced the price increase owing to rising input costs, increased commodity prices, and higher operational expenses, among other reasons
Automaker will assemble EV battery packs at new facility in Chennai, says senior executie
The company has lined up three more electric vehicles (EVs) after the Creta EV
The Japan launch of the Hyundai Inster follows attempts by foreign brands such as Tesla to enter a country which has seen a slow take-up of EVs
The rise in Hyundai India share came after global brokerage firm Citi Research initiated coverage with 'Buy' for target price of Rs 2,250