Honda will place the Elevate in the fiercely competitive midsize SUV segment that has established players like Hyundai Creta and Kia Seltos
Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year
Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year
Two-wheeler dispatches increased by 15% to 1,338,588 units in April
At a time when the Indian market is fraught with SUVs in all shapes and designs, at this point, Honda does not have an SUV to offer
Hyundai Motor India on Monday said its total sales increased by 3.5 per cent to 58,201 units in April. The automaker had dispatched 56,201 units in April 2022. The company's domestic wholesales last month rose by 13 per cent to 49,701 units as compared with 44,001 units in the year-ago period. Exports, however, declined to 8,500 units last month from 12,200 units in April 2022. "This strong growth has been backed by an overwhelming response to the recently launched all-new Verna that has more than doubled its volumes from its earlier version," Hyundai Motor India COO Tarun Garg said in a statement. The automaker looks to carry forward this momentum with a soon-to-be-launched SUV, Hyundai Exter, he added.
South Korea's Hyundai Motor said on Tuesday its first-quarter net profit jumped 92 per cent from a year earlier on increased production and an improved product mix
Rivals General Motors Co and Samsung SDI are also set to announce plans to build a joint venture EV battery manufacturing plant in the U.S., sources said
Hyundai Motor Co reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased
Passenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers' body FADA. Tata Motors, Mahindra & Mahindra and Kia India on the other hand witnessed an increase in their market share based on the retail sales last fiscal. As per the Federation of Automobile Dealers Associations (FADA), the retail sales of country's largest carmaker Maruti Suzuki India rose to 14,79,221 units in 2022-23 fiscal, attaining a market share of 40.86 per cent. It had retailed 12,39,688 units in 2021-22 and grabbed a market share of 42.13 per cent. Earlier, the auto major had stated that it faced shortage of electronic components last fiscal with an order backlog of around 3.8 lakh units. Similarly, Hyundai Motor India saw an increase in retail sales at 5,25,088 units last fiscal, however its market share dropped to 14.51 per cent. It had sold 4,79,027 units
The Exter is expected to get a split-headlamp treatment, similar to what Hyundai offers in Creta, Venue, and Alcazar
South Korea's largest carmaker Hyundai Motor has unveiled the Genesis GV80 Coupe Concept at its exhibition hall Genesis House New York, the company said on Tuesday
There were rumours that Hyundai was planning to bring its micro SUV Casper, to India, but recent sightings have confirmed that it is not the Hyundai Casper, but an entirely new vehicle
Diesel engine vehicles have seen a steep hike in prices after the second phase of BS-VI norms was implemented by the government
"The Indian govt's initiatives on EVs are very strong and customers want to buy EVs. This will make the country's conversion to EVs faster than other markets, and I hope even faster than the US"
Hyundai Motor said on Thursday that its fourth-quarter net profit more than doubled from a year earlier on improved chip supplies, strong demand for its high-end SUVs and a weak won
Hyundai Motor India Ltd on Monday announced senior management elevations, including that of Tarun Garg as Chief Operating Officer. Garg, who was earlier Director (Sales, Marketing & Service) will oversee sales, marketing, service and product strategy in his new role, Hyundai Motor India Ltd (HMIL) said in a statement. As part of the changes in its senior management leadership, HMIL also said Gopala Krishnan CS, Vice President (Production) has been elevated as Chief Manufacturing Officer (CMO) overseeing production, quality management and supply chain. The elevations are effective from January 1, 2023, it added. In addition to their new elevated roles, Tarun Garg and Gopala Krishnan CS will continue to serve as whole-time directors on the HMIL board, the company said. HMIL Managing Director and CEO Unsoo Kim said,"The elevations stand testimony to Hyundai Motor India's commitment to recognise and appreciate its leadership.
Driving growth is Tata Motors, with 25,795 registrations, against 10,200 last year
Says product portfolio in line with customer's choice for SUVs, non-committal about sales volume; Hyundai's best show so far was in 2018 at 550,002 units
The compact SUV comes with various exterior and interior changes to give it a sporty styling, inspired by motorsport.