Page 11 - Hyundai Motors

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.

High fuel prices shifting demand for diesel models: Hyundai official

Leading automaker Hyundai India on Wednesday said that skyrocketing prices of fuel in the country is increasing the demand for diesel models for the company. Director (sales and marketing) of Hyundai India Tarun Garg said diesel models are 30 per cent more fuel-efficient than the petrol versions which is causing the rise in demand in favour of the former. Speaking to reporters at Domjur in Howrah district, Garg said "Hyundai is concerned about the rise in fuel prices. But since diesel models are 30 per cent more fuel-efficient than petrol versions, there is a hike in demand for the former". He said though 2021 faced the second wave of the pandemic, sales are now back to normal to pre-Covid levels. However, the company is wary of a possible third wave, the official said Garg said that demand for SUVs is going up and Hyundai's share of this category to overall sales is 47 per cent. According to him, Hyundai's market share last year was 17.4 per cent, the highest ever in the company

Hyundai Motor Group's high technology was behind Korea's 'crazy archery'

As Korean national archery team achieved all three gold medals at the 2020 Tokyo Olympics, attention is also focusing on Hyundai Motor Group, which has supported Korean archery.According to the industry on the 27th, Hyundai Motor Group started a technical support project for Korean archery to win the medals at Tokyo Olympics, led by Chairman Chung Eui-sun, who is the chairman of the Korean Archery Association since the 2016 Rio Olympics in Brazil.Chairman Chung judged that Korean archery is the best in the world, but combining Hyundai Motor Group's future cars R & D technology will improve the athletes' skills more, and started to support high-tech technologies such as AI, vision recognition, and 3D printing. It is for making the quality and performance of the equipment more perfect and contributing to minimizing various problems, such as athletes' mental health.Hyundai Motor Group listened archery athletes' opinions and carefully reviewed on areas that could apply with the ...

Hyundai Motor buys US-based robotics firm Boston Dynamics for $880 mn

Hyundai Motor Group said on Monday its three affiliates and its chief have acquired a controlling stake in US-based robotics firm Boston Dynamics for $880 million

Hyundai plans to invest $7.4 bn in US by 2025 on EVs, production facilities

Hyundai plans to invest $7.4 billion in US by 2025 to make electronic vehicles, enhance production facilities and invest further in smart mobility solutions

Hyundai undertakes six-day maintenance shutdown at manufacturing plant

Hyundai Motor India has commenced annual maintenance shut down at its Chennai-based manufacturing facility for six days starting May 10 amid the second wave of coronavirus pandemic.

Hyundai Motor to phase out Kona EVs in domestic market amid recalls

The firm looks to shift its focus to Ioniq 5 EVs

Hyundai Motor, Kia take $8.5-billion hit after Apple deal called off

Hyundai is traditionally known for its reluctance to work with outsiders

Hyundai Motor India starts export of all-new i20 premium hatchback

Hyundai Motor India Ltd (HMIL) on Monday said it has started exports of its all-new i20 premium hatchback

Maruti, Hyundai to ramp up production in Dec as festive demand sustains

Carmakers concentrated on reducing inventory while factory production was lesser this month due to holidays, and November auto sales fell below estimates as a result

Kia's second coming with its new compact utility vehicle Sonet

With the Sonet, the Hyundai subsidiary is hoping to replicate the successful debut it had with the Seltos

Hyundai Motor names Ganesh Mani, Tarun Garg as whole-time directors

Appointments are for a period of three years, effective August 24, 2020

Auto sales bounce back in August on low base effect, pent-up demand

Dispatches at India's top two car makers, Maruti Suzuki India and Hyundai Motor India, zipped past not only the pre-Covid phase but also the months preceding the pandemic

Hyundai launches mobility membership to deepen engagement with customers

The owner of a new Hyundai car can download the HMM from an application store