Page 8 - Hyundai Motors

Hyundai Motor August sales grow 15% YoY, total dispatches at 71,435 units

Hyundai Motor India on Friday said its wholesales increased by 15 per cent year-on-year to 71,435 units in August. The automaker had dispatched 62,210 units to its dealers in August last year. Domestic sales rose 9 per cent to 53,830 units last month, from 49, 510 units in the year-ago period, the South Korean automaker said in a statement. Exports increased 39 per cent to 17,605 units last month from 12, 700 units in August 2022, it added. "The company's sales number of 71,435 units is a key indicator of an ever-growing acceptance of our products in both domestic and export markets," Hyundai Motor India COO Tarun Garg noted. The festival season in India has kicked off on a positive note with strong Onam sales in Kerala market and this is an indication of the festive fervour in other parts of the country in the coming months, he added. Demand for SUVs in the company's portfolio remains robust, contributing more than 60 per cent to domestic wholesales in August, Garg said.

Hyundai signs deal to acquire General Motors' Talegaon manufacturing plant

Facility in Maharashtra has annual production capacity of 130,000 units

Tata Punch CNG launched at a starting price of Rs 7.1 lakh, see details

The Punch is based on the same ALFA (Agile, Light, Flexible, Advanced) architecture on which the Tata Altroz has been built and got five-star safety ratings from the Global NCAP

Hyundai, Kia recall 91,000 vehicles in US over damaged electrical component

The models that are likely to be recalled include Hyundai 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra, and Kona vehicles and 2023-2024 Seltos, 2023 Kia Soul, and Sportage

Hyundai July sales: Total sales up 4% YoY at 66,701 units, exports rise 20%

Hyundai has launched its micro SUV Exter which is a rival to Tata's Punch. So far, the Exter has been received very well with waiting periods for some variants going up to one year

Manufacturing companies opt for flexible work rules in post-coronavirus era

Deloitte's India Benefits Report 2023 findings reported that one-third of about 80 manufacturing firms have changed their policies to enable hybrid working arrangements post Covid-19

Kia Seltos facelift launched at an introductory price of Rs 10.90 lakh

The South Korean car manufacturer originally launched Seltos in June 2019 and became an instant hit among Indian car buyers

With 1,800 bookings per day, Exter's waiting period goes up to 12 weeks

The Exter comes with many segment-first features which include a voice-enabled sunroof, dashcam, and six airbags across all the variants

Hyundai to launch its micro SUV Exter today at 12 pm, full details inside

Hyundai is set to launch its most affordable micro SUV, Exter today at 12 pm. The micro SUV is expected to be priced between Rs 6 to 10 lakhs

As automakers milk price-hike benefits, employees get handsome appraisals

The average salary hike at Maruti Suzuki this year is 14-15 per cent

PVs make up just 16% of the Indian auto sector in volume, but 58% in value

India saw passenger vehicle sales worth $63 billion in the financial year 2022-23

With Kia Seltos facelift in sight, dealers offer discounts to clear stock

To woo customers, dealerships are also offering additional accessories such as floor mats and decorative parts like chrome elements free of cost

Hyundai declares target of selling 2 mn EVs by 2030, to invest $85 bn

The latest goal of the South Korean car manufacturer is an update from its earlier target of selling 1.87 million EVs by 2030

Maintaining its small-car dominance, Maruti leads mid-size PV sales in FY23

Maruti launched several vehicles in this segment last year. It now has popular offerings like the Grand Vitara, Brezza, and XL6 in its product lineup catering to this market segment

New York City sues Hyundai, Kia after security flaw leads wave of car theft

New York City has filed a lawsuit against Hyundai and Kia, joining a host of other cities beset by a social media fuelled wave of car thefts due to a flaw that made some car models highly susceptible to theft. Viral how-to videos on TikTok and other sites show how to start the cars using only USB cables and a screwdriver. The reason is that some models sold by Hyundai and Kia in the US came without engine immobilisers, a standard feature on most cars since the 1990s that prevent the engine from starting unless the key is present. The lawsuit, which was filed with the US District Court in the Southern District of New York late Tuesday, alleges that Hyundai Motor America and Kia America Inc failed to keep up with other automakers by not adopting immobiliser technology that ensured car ignitions could not be started without their keys. "Hyundai's and Kia's business decisions to reduce costs, and thereby boost profits, by foregoing common anti-theft technology have resulted in an epidem

Hyundai's May sales rises 16% to 59,601 units, domestic sales grew 14.91%

Hyundai Motor India Ltd (HMIL) on Thursday reported 16.26 per cent rise in total sales at 59,601 units in May as compared to the same month last year. The company had posted a total sales of 51,263 units in May 2022, HMIL said in a statement. Domestic sales grew 14.91 per cent at 48,601 units as compared to 42,293 units in the year-ago month, it added. Exports were at 11,000 units last month as against 8,970 units in the same period a year ago, up 22.63 per cent. HMIL COO Tarun Garg said the company's double-digit sales growth in May was fuelled by its SUVs Creta and Venue. The recently launched all-new Verna sedan also received good response, he added.

Tata Altroz is the most affordable car with a sunroof, check price, specs

Compared with Altroz, Hyundai's i20 offers a sunroof only with Asta and Asta (O) variants, the prices for which start at Rs 9.03 lakhs, making them significantly pricier than the Altroz XM plus

Kia Seltos facelift spotted in X Line variant, check design updates

Speaking of the exterior styling, the new Seltos is likely to get a redesigned grille up front, a new set of LED headlights with a split treatment along with a new bumper

Maruti Suzuki Jimny: Banking on Gypsy's legacy to take on the SUV challenge

The Jimny's popularity can be gauged from the fact that Maruti is receiving around 700 bookings of the vehicle every day

Hyundai, Shell sign MoA to expand charging network for electric vehicles

The two companies signed a Memorandum of Agreement at Hyundai's headquarters in Gurugram, Haryana in the presence of their senior management