Page 12 - Hyundai Motor India

Maruti Suzuki digitises to click with buyers: How exactly does it work?

India's largest car maker is finding traction in the national roll-out of its digital financial services platform

Hyundai Motor India's total sales decline 8% to 59,203 units in April

Domestic sales stood at 49,002 units, while exports were at 10,201 units last month, the company said

Automakers jump in to produce oxygen in the battle against coronavirus

Maruti to shut plant, Hyundai to set up oxygen manufacturing units at hospital

Auto major Hyundai crosses 1 million sales mark for SUVs made in India

South Korean auto major Hyundai on Monday said it has crossed 10 lakh cumulative sales milestone of SUVs made in India. These SUVs have been sold both in India and export markets, Hyundai Motor India Ltd (HMIL) said in a statement. The launch of mid-sized SUV Creta in 2015 accelerated Hyundai Motor India's growth in the segment with cumulative sales of over 5.9 lakh units in the domestic market and over 2.2 lakh units in the export market, it added. Similarly, the company had introduced compact SUV Venue in 2019 and has already sold over 1.8 lakh units in the domestic market, it added. Commenting on the feat, HMIL Director (Sales, Marketing & Service) Tarun Garg said, "As frontrunners in the introduction of revolutionary technologies, we continue to establish new milestones and redefine benchmarks across segments." With over 10 lakh cumulative SUV sales in domestic and export markets, he added, "We have reiterated the promise of Make-in-India over nearly two and a half decades of

Hyundai sales jump 26% in February at 61,800 units, domestic sale up 29%

Hyundai Motor India Ltd (HMIL) on Monday reported a 26.4 per cent increase in total sales at 61,800 units in February. The company had sold 48,910 units in the same month last year, HMIL said in a statement. Domestic sales were up 29 per cent to 51,600 units as against 40,010 units in February 2020, the company added. Exports increased by 14.6 per cent to 10, 200 units in February as compared with 8,900 units in the same month of 2020. "The company has been consistently striving to drive a resurgence in sales, thereby contributing towards economic recovery and bringing the industry closer to pre-Covid level sales. With a cumulative sales of 61 800 units in February 2021, Hyundai has recorded growth across segments," HMIL Director (Sales, Marketing & Service) Tarun Garg said. Both domestic and export demand have recorded healthy double digit growth last month, reflecting an all-round improvement in buyer sentiment, he added.

Hyundai bought chips when rivals didn't; its assembly lines keep rolling

The South Korean automaker kept buying chips even as rivals cut orders to reflect diminished demand because of the pandemic

Hyundai to strengthen SUV lineup in India, vertical continues to outshine

The company led the SUV space in the country with sales of 1.8 lakh units in 2020. It sells models like Venue, Creta and Tucson in the market

US: Kia Motors and Hyundai recovering from days-long network outages

In a statement on Thursday, Kia cited "online speculation" that Kia was hit by ransomware, which scrambles data until a victim pays to have it decoded

Hyundai to invest $200 mn to build localised EVs for mass market in India

The company refuses to give a launch timeline, says it is in talks with battery makers and suppliers to localise a large portion of manufacturing in order to bring the cost down

Sales of Maruti's CNG variants move in top gear amid spike in fuel prices

Improving network of CNG and increase in number of cities where natural gas is now available have also been fuelling growth, company says

Hyundai Motor fourth-quarter profit rises 57% on demand for SUVs, Genesis

Hyundai, which together with affiliate Kia Corp is among the world's top 10 automakers, reported a net profit of 1.3 trillion won

Maruti's S-Presso mini SUV does poorly in global agency's safety test

Carmaker defends mini SUV, says 'safety cannot be left to the opinion of any self-proclaimed party'.

Southern Railway Chennai division's revenue from auto loading up 17% in Oct

Loads 10,004 cars on 43 rakes consisting of 1,151 wagons; earns revenue of Rs 11.8 crore in October

Hyundai reports 8.2% increase in total sales at 68,835 units for Oct

Hyundai Motor India on Sunday reported an 8.2 per cent increase in total sales at 68,835 units for October. The company had sold 63,610 units in October 2019. The auto major recorded its highest ever monthly domestic sales of 56,605 units last month, up 13.2 per cent from 50,010 units in October 2019, the company said in a statement. The company had achieved the previous highest monthly domestic sales number in October 2018 with 52,001 units. "The October month sales performance has set a positive tone for the overall business environment and we are confident that the company will continue to strongly contribute towards sustainable growth of the economy, community and all its stakeholders," Hyundai Motor India Director (Sales,Marketing & Service) Tarun Garg said. The company's exports, however, declined by 10.1 per cent to 12,230 units as compared with 13,600 units in October last year, it added.

Maruti, Hyundai, Tata Motors witness brisk sales during Navratri period

Leading carmakers Maruti Suzuki India, Hyundai and Tata Motors saw better retail sales during the Navratri period this year as compared with last year with pent up demand of last few months aiding the brisk offtake. Kia Motors, Toyota Kirloskar Motor, Mahindra & Mahindra and Honda Cars India also witnessed robust sales during the ten-day period (including Dussehra) which is considered auspicious for buying new things and property. The country's largest carmaker Maruti Suzuki India (MSI) reported around 27 per cent increase in retail sales at close to 96,700 units during the Navratri period thisyear. "Our total retail sales were in the range of 96,700 units this year which is more than last year, MSI Executive Director for Sales and Marketing Shashank Srivastava said when asked about sales during the Navratri period. The auto major had retailed around 76,000 units in the same period last year. Similarly, Hyundai Motor India said it retailed 26,068 units during the period, an ...

Hyundai Motor India to launch 'all-new i20' on Nov 5; bookings start

The vehicle would be avalibale in petrol, diesel and 'Turbo Petrol BS6' engines

Hyundai Motor retail sales grow 28% YoY during Navratra to 26,068 units

Bands across sectors traditionally see a higher up-tick in sales during this period

All new Hyundai Elite i20 in pictures; car set to launch in November

The price of the third-gen Elite i20 is not yet declared but is expected to start at Rs 6 lakh

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Auto sales recovery may not reflect correct picture, say experts

Carmakers in India report their dispatch to dealers as their monthly sales figures while globally most report retail sales based on registration data