Page 10 - Hyundai Motors

Hyundai Motor India's total sales rise 14% in June; exports rise 17.2%

Hyundai Motor India Ltd (HMIL) on Friday reported a 14.5 per cent increase in its total sales at 62,351 units in June. The company had sold a total of 54,474 units in the same month last year, HMIL said in a statement. Domestic sales stood at 49,001 units last month as compared with 40,496 units in June last year, a growth of 21 per cent, it added. Exports stood at 13,350 units as against 13,978 units in the year-ago month, down 4.5 per cent. "With the semiconductor situation showing signs of easing out, the sales numbers have again started showing a positive trend," HMIL Director (Sales, Marketing and Service) Tarun Garg said. Further, he said, the newly launched Hyundai Venue has also received good customer response.

Hyundai to create new US affiliate after $10.5 bn investment pledge

Hyundai Motor Group said on Thursday it is setting up a new investment affiliate in the US, in a follow-up to its pledge to invest $10.5 billion in the world's largest economy.

Hyundai's shares nosedive on German raid over defeat car devices

Shares in Hyundai Motor and its affiliate Kia plunged on Wednesday, as German authorities raided the carmakers' local offices over suspicions they had installed defeat devices on some of their combustion cars.

Hyundai India confident of keeping SUV lead as competition heats up

Korean carmaker introduces facelift of popular model Venue, plans more launches

Hyundai Motors working on compact, affordable electric car for India

Hyundai plans to invest in launch electric vehicles in India by 2028, making a clean energy drive in a country with some of the most polluted cities in the world

Kia EV6 India launch tomorrow: All you need to know about new vehicle

The premium EV model by Kia will be in the league of Volvo XC40 Recharge and Hyundai Ioniq 5, say reports

Hyundai ties up with Tata Power to set up fast charging EV infrastructure

Hyundai Motor India on Tuesday said it has joined hands with Tata Power to set up fast charging electric vehicle infrastructure across its select dealerships in the country. Under the collaboration, 60 kW DC charging stations will be installed at the company's 34 EV dealerships in 29 cities to cater to all kinds of electric vehicles through Hyundai and Tata Power EZ Charge Mobile App. "The company is glad to announce its partnership with Tata Power to facilitate and strengthen India's robust EV ecosystem and enhance the general outlook on sustainable transportation, reaffirming Hyundai's vision to integrate social responsibility with economic prosperity and community wellness," Hyundai Motor India Ltd (HMIL) MD & CEO Unsoo Kim said in a statement. Such strategic partnerships are fundamental in accelerating the adoption of EVs by customers to achieve the national goal of carbon neutrality, he added. "This partnership will power-up the nation's electric mobility mission by offering .

Hyundai Motor's Q1 tops forecast as weak won helps global sales

Sales climbed 11 per cent from a year earlier to 30.3 trillion won, higher than forecast thanks to robust sales of sport utility vehicles and Genesis luxury models

From Coca-Cola to Apple Inc, here are India's best unlisted companies

In all, 18 out of the best 30 unlisted companies in the 2021 league table are local subsidiaries of global multinationals.

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

South Korea's Hyundai Motor plans to invest $16 bn in EV push

The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

Hyundai Motor Feb sales fall 14% to 53,159 units, exports down 10.7%

The company had sold 61,800 units in the same month last year, Hyundai Motor India said in a statement

Carmakers to ramp up production by 18-20% as semiconductor shortage eases

If companies end up manufacturing vehicles according to plan, production is likely to exceed the pre-Covid volumes of Q4FY20

S Korean government to create a fund to cope with supply chain challenges

The President said the government will make a list of raw materials and other items essential for 'economic security' purposes and manage them to protect local companies against shortages

Ahmedabad: Bajrang Dal stages protest at eateries, Hyundai, Kia showrooms

'They should issue an apology saying that Kashmir is an integral part of India, only then we will forgive them,' Jvalit Mehta, North Gujarat convener of Bajrang Dal told ANI

Ford, Suzuki to get incentives under India's $3.5 billion clean fuel scheme

The scheme is also part of Prime Minister Narendra Modi's government plan to cut the fuel import bill and bring down pollution by encouraging local production of clean vehicles

With $ 24 mn in hand, Hyundai Motors whistleblower plans to help others

Kim's action led to an agreement last year by Hyundai which are among the world's top automakers by sales, to pay a record civil penalty of $210 million over recalls involving nearly 1.7 mn vehicles

Hyundai, Honda expect India demand for cars to continue in festivals

Companies list a semiconductor shortage and possible third wave of Covid-19 as challenges that could hurt sector.

Hyundai launches 'i20 N Line' in India starting at Rs 9.84 lakh

Hyundai Motor India Ltd on Thursday launched its motorsports inspired 'i20 N Line' priced between Rs 9.84 lakh and Rs 11.76 lakh (ex-showroom). Powered by a 1-litre turbo petrol engine delivering power of 88.3 kW, the Hyundai i20 N Line has been introduced in N6 and N8 variants, the company said in a statement. "As we continue to introduce globally advanced technologies and products to India, i20 N Line will epitomise our strong legacy and DNA into motorsport inspired styling and everyday excitement for all our customers," Hyundai Motor India Ltd (HMIL) Managing Director and CEO SS Kim said. Stating that HMIL is seeking to provide 'exclusive experiences' to its customers with the i20 N Line, he said, "to amplify these experiences, i20 N Line will be available in 188 Signature Dealerships across India." Additionally, Kim said i20 N Line customers will also be facilitated by a 'Personal Mobility Advisor', who will "cater to a hassle-free service experience and enable them with advanc

Festive push: Healthy sales expected despite Covid fears says Hyundai

Automobile major Hyundai Motor India expects healthy sales during the upcoming festive season which will be supported by pent-up demand in the coming months.