Page 10 - Hyundai Motors

Hyundai mulls speeding up construction of US EV plant amid new law

Hyundai Motor plans to roll out 17 EV models by 2030, including six Genesis models, with Kia scheduled to release 14 EVs by 2027

Hyundai Motors ranks third in global vehicle sales in 2022 first half

South Korea's Hyundai Motor Group said on Monday it ranked third in first-half global vehicle sales on increased high-end model sales despite the lack of automotive chips

Hyundai to voluntarily recall over 70K vehicles over faulty parts

Hyundai Motor will voluntarily recall more than 70,000 vehicles to fix faulty components, the Transport Ministry said

Hyundai Motor sold 1 million 'green' cars in 13 years, reveals data

Hyundai Motor Group's cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market, data showed

Hyundai sells 1.88 mn vehicles in first six months, Q2 profit jumps 56%

Hyundai Motor said on Thursday that its second-quarter net profit jumped 56 per cent from a year earlier on improved product mix and a weak won

Hyundai to unveil all new Tucson SUV on Wednesday; here's what to expect

Hyundai Tucson SUV will be seen with fresh exterior styling, a revamped cabin, and new features

Hyundai Motor to build dedicated electric vehicle plant in South Korea

The planned EV plant is part of Hyundai Motor Group's plans announced in May to invest 63 trillion won ($49.8 billion) in its domestic businesses by 2025.

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