According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market
Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars have all announced price hikes April 2025 onwards
The initial uptick in Hyundai Motor India share came after the company, on March 19, announced an increase of vehicle prices up to 3 per cent, effective in April 2025
The stock's underperformance versus peers has been stark in recent months due to disappointing Q3 results and the decline in domestic market share in 9MFY25.
Proxy advisory firms divided over supporting the transactions
Benefits in March range from Rs 35,000-4 lakh price cuts on various models
He highlighted that the company is committed to increasing investments in EVs and advanced technology with a customer-centric approach
Stocks to Watch, Feb 20, 2025: From Religare to Waaree Energies, here are few stocks that will remain on investors' radar today
Hyundai Motor India is looking to position itself as a manufacturing hub for exports for emerging markets like Africa and neighbouring nations, according to a top company executive. The company, which is looking to diversify its export markets as it continues to face challenges regarding shipments to regions like the Middle East due to the Red Sea and other geopolitical issues. "We are positioning the company as a production hub for emerging markets. We are manufacturing and exporting our cost-optimised vehicle to the emerging markets," Hyundai Motor India MD Unsoo Kim told PTI. He noted that the automaker has a balanced mix of domestic and export volume, which gives it not only good profit but also a natural hedge against any market fluctuation. "We have a very suitable product line up for emerging markets," Kim said. Hyundai witnessed growth in almost all regions like Africa, Mexico and Latin America, he said. "However, the Middle East continued to face headwinds due to the Red
The company began exports in 1999 and has covered over 150 nations. It currently exports to more than 60 countries
Stock Markets Today: The changes announced during the February 2025 MSCI Index Review, will be implemented as of the close of February 28, 2025
Firm eyes 20% share in EV market
Hyundai Motor India on Monday said the share of car sales with connected features has risen to over 25 per cent in 2024 against around 5 per cent in 2019. The company said it has sold over 6.75 lakh cars with connected features in the country since 2019. The company noted that the contribution of connected cars in its retail sales grew to 25.7 per cent last year compared with 4.7 per cent in 2019. Currently, the automaker offers connected car features in 12 of the 14 models it sells in India. "Today, connected cars drive a significant part of Hyundai's overall sales in India, surpassing half a million sales milestone. With the ever-increasing number of tech-savvy, convenience-seeking, and young car buyers, I am confident that the demand for connected car tech will rise rapidly in the coming years," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said in a statement. The company had introduced connectivity with the Hyundai Venue in 2019 offering 35 telematics ...
Hyundai reported operating profit of 2.8 trillion won ($1.95 billion) for October-December as it spent more on promotions in a slowing car market
Hyundai India has launched the Creta Electric SUV, priced from Rs 17.99 lakh, offering two battery options, advanced features, and a range of up to 473 km
Bharat Mobility Expo 2025, Auto Expo 2025: Analysts believe the automobile vehicle demand has been impacted by higher inflation and interest rates
Industry experts believe these new model introductions serve a dual purpose: attract customers interested in the latest offerings and sell other car models from inventory
Hyundai Motor India Ltd sees a triggering of acceleration in the electrification of the passenger vehicles market in the country in 2025 and 2026, according to company COO Tarun Garg. Set to enter the mass market electric vehicle segment with the EV version of its popular SUV Creta, the company, which plans to bring four EVs in the future, is also looking at different segments, even below the mid-sized SUV segment. "India is at an early stage of electrification. Last year, we ended with about 2.4 per cent electrification. I personally feel that 2025 and 2026 are going to be great trigger points in terms of electrification, and Creta EV is going to drive it," Garg told PTI video here. In 2024, the Indian passenger vehicles segment witnessed record sales of around 43 lakh units. Citing an internal study by the Hyundai Motor India Ltd (HMIL) and also based "on some of the external consultants", he said by 2030 EV penetration could be 17 per cent. In an interaction with reporters he
Hyundai India has been gradually revealing details of Creta Electric ahead of its launch, giving us an idea of what the new EV will look like on the inside and its feature offerings
The new offerings come at a time when Hyundai has recorded its highest-ever yearly domestic sales of 6,05,433 units