Page 4 - Hyundai Motor India

Hyundai Q3 results: Net profit falls 19% to Rs 1,161 crore on demand dip

Firm eyes 20% share in EV market

Models with connected features make over 25% of 2024 retail sales: Hyundai

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 Motor forecasts slowing revenue growth in 2025 after Q4 miss

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 Creta Electric launched: Starting at Rs 17.99L, up to 473 km range

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

Will Bharat Mobility Expo 2025 rev up auto stocks? Analysts don't think so

Bharat Mobility Expo 2025, Auto Expo 2025: Analysts believe the automobile vehicle demand has been impacted by higher inflation and interest rates

Tata Motors, Hyundai launch new variants of old cars in Jan to boost sales

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

See acceleration of EV penetration in India in 2025-26: HMIL COO Tarun Garg

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 Creta Electric interiors revealed ahead of Jan 17 launch: Details

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

Hyundai introduces new variants, features upgrades for popular models

The new offerings come at a time when Hyundai has recorded its highest-ever yearly domestic sales of 6,05,433 units

Citi initiates coverage with 'Buy' on Hyundai Motor India; share up 3%

The rise in Hyundai India share came after global brokerage firm Citi Research initiated coverage with 'Buy' for target price of Rs 2,250

IPO mop up could top Rs 2 trillion in 2025: ibanking firm Pantomath

According to Pantomath, funds raised through IPOs in India this year rank second-highest globally after the United States

Hyundai to increase car prices by up to Rs 25,000 amid rising costs

A disruption in global shipping routes, particularly along the Red Sea, has resulted in an increase in container rates in 2024 compared to the previous year

Hyundai Motor India to hike prices across all models amid higher costs

The price increase will come into effect from Jan. 1, 2025, the country's No.2 carmaker by market share said

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One

From NTPC to Wipro here is a list of stock that will be on investors' radar today

Hyundai Motor targets 100% renewable energy by 2025, to set up two TN units

The company signed a power purchase and shareholder agreement with Fourth Partner Energy Ltd to boost its renewable energy component from the current 63 per cent of total need

Hyundai Motor India to set up 2 renewable energy plants at Chennai facility

Hyundai Motor India Ltd (HMIL) on Thursday said it will set up two renewable energy plants at its vehicle manufacturing unit in Tamil Nadu as part of the company's move to transition to 100 per cent renewable electricity across manufacturing operations by 2025. The company has signed a power purchase and shareholder agreement with Fourth Partner Energy Ltd (FPEL) for the purpose of setting up of a 75 MW solar plant and a 43 MW wind power plant to cater to its renewable energy requirements, Hyundai Motor India Ltd (HMIL) said in a statement. These facilities will operate under a group captive mode with a special purpose vehicle (SPV) formed for engineering, procurement, construction, operations and maintenance. HMIL will hold 26 per cent and FPEL will hold 74 per cent equity stake in the project, it added. This long-term agreement will ensure a 25-year supply of renewable energy to HMIL, the company said. "As part of this partnership, HMIL will invest Rs 38 crore towards setting up

Hyundai Motor India Q2 PAT down 16% in first results after listing

Carmaker's revenue falls on weak market sentiment, geopolitical factors

Hyundai Motor Q2 result: Profit drops 16.5% to Rs 1,338 cr on weak demand

The company's shares fell nearly 3 per cent before recovering to trade down about 1 per cent in late afternoon trading

Hyundai Motor India shares drop 3% on weak Q2 numbers; profit tanks 16% YoY

The fall in Hyundai Motor India's stock price follows its announcement of financial results for the second quarter of the FY25, which is also its maiden quarterly earnings since its market debut

Q2 results today: Hyundai and Nykaa among over 500 firms to post earnings

Q2 results today, November 12: General Insurance, Zydus, and Bosch will release their Q2FY25 results