Under the agreement, Hyundai will be responsible for the manufacture and deployment of the air vehicles, while Uber will provide logistics so that the service can operate
Hyundai Motor India Ltd (HMIL) on Friday announced opening of bookings for its upcoming compact sedan Aura. The Aura, which will be available in both petrol and diesel engine options, can be booked with a down payment of Rs 10,000 at Hyundai website and dealerships, the company said in a statement. HMIL Director - Sales, Marketing & Service, Tarun Garg said the company is beginning a new decade with the commencement of bookings for the Aura. "We are confident that Hyundai Aura will make a mark in its segment," he added. The car will be launched on January 21. It will compete with the likes of Maruti Suzuki Dzire, Honda Amaze and Ford Aspire, which are priced between Rs 5.82-9.79 lakh, in the compact sedan segment.
The company said its domestic sales were at 37,953 units in December 2019 as compared to 42,093 units in the same month previous year, down 9.8 per cent
The government incentives to buy vehicles and steps taken to address liquidity crunch, economic growth and infrastructure spending would boost the auto industry's prospects
This year demand being low in the domestic market, the company increased its export volumes by asking distributor partners in various markets to take volume from India, he added.
The increase has been necessitated on account of rise in input and material costs, Hyundai said
As a part of its 'Strategy 2025', the company aims to sell 670,000 electric vehicles annually
He earlier served as Executive Director - Marketing, Parts & Logistics at Maruti Suzuki India
The South Korean carmaker unveiled a 'Strategy 2025' roadmap that envisaged annual average spending of 10 trillion won, higher than previous years, and up from a 2018 figure of 6.1 trillion won
The vehicle has already achieved 90,000 bookings and is gearing up to expand its export footprint
Market leader Maruti Suzuki India said the sales during the day were good, but did not share exact numbers
PV exports stood at 3,65,282 units in April-September period of the current fiscal as compared with 3,49,951 units in the same period of 2018-19.
The new model comes with 2 litre petrol powertrain mated with six-speed manual and automatic transmissions.
It also plans to expand its sales infrastructure in rural areas and small towns which currently account for around 20 per cent of annual sales
In comparison, Maruti Suzuki has seven petrol models that are now BS6 emission norms compliant
The company is targeting millennials with the Nios, which means 'more', offering 'more value, more features, more space and more excitement'
The company claims that the Kona EV delivers a range of 452 km in one single charge under standard testing conditions.
The Korean automobile company recently launched an electric car named Kona in India
The reduced Kona Electric price is effective from August 1, 2019
The sale of Venue grew by 9.3 per cent to 9,585 units in July 2019, as compared to 8,763 units in the previous month