Page 11 - Hyundai

Semiconductor shortage: Hyundai to suspend key car plant in South Korea

Hyundai Motor said on Friday that it will again suspend the Sonata-producing plant in South Korea for two days next week due to an electronic parts shortage.

Hyundai plays catch up in EV market with car that can cook dinner

It's part of a push by Hyundai to appeal to a younger audience as it plays catch-up in the EV market

Citroen C5 Aircross SUV set to launch today: Here's all you need to know

The 5-seater premium SUV can be ordered online or through Citroen's dealership.

Ola Electric names Hyundai veteran Yongsung Kim as global sales head

With 35 years at Hyundai Motor and Kia, Yongsung brings global auto sales experience from North America, Europe, UK, Middle East, Africa, ASEAN and Asia Pacific

Auto major Hyundai crosses 1 million sales mark for SUVs made in India

South Korean auto major Hyundai on Monday said it has crossed 10 lakh cumulative sales milestone of SUVs made in India. These SUVs have been sold both in India and export markets, Hyundai Motor India Ltd (HMIL) said in a statement. The launch of mid-sized SUV Creta in 2015 accelerated Hyundai Motor India's growth in the segment with cumulative sales of over 5.9 lakh units in the domestic market and over 2.2 lakh units in the export market, it added. Similarly, the company had introduced compact SUV Venue in 2019 and has already sold over 1.8 lakh units in the domestic market, it added. Commenting on the feat, HMIL Director (Sales, Marketing & Service) Tarun Garg said, "As frontrunners in the introduction of revolutionary technologies, we continue to establish new milestones and redefine benchmarks across segments." With over 10 lakh cumulative SUV sales in domestic and export markets, he added, "We have reiterated the promise of Make-in-India over nearly two and a half decades of

Hyundai mulls suspension of production at key plant on chip shortage

The possible suspension comes amid a lack of semiconductor parts used in the Kona subcompact SUV's front vehicle camera system

Swift, nifty, Maruti Suzuki's latest stands out in the small car segment

The fourth-gen hatchback blends user friendliness and practicality to serve up a value proposition

From Hyundai's Creta to Kia's Seltos, SUVs drive auto recovery in February

Their popularity suggests that the market has travelled beyond the search for value-for-money

Hyundai revises down Q4 operating profit after costly Kona EV recall

The firm was hit by a costly $900 million recall to replace battery systems

Hyundai's latest and smallest SUV, Bayon, set for global launch today

Not musch is known about the SUV, but leaked images present online have fuelled speculation of an all-black themed interior

Hyundai sales jump 26% in February at 61,800 units, domestic sale up 29%

Hyundai Motor India Ltd (HMIL) on Monday reported a 26.4 per cent increase in total sales at 61,800 units in February. The company had sold 48,910 units in the same month last year, HMIL said in a statement. Domestic sales were up 29 per cent to 51,600 units as against 40,010 units in February 2020, the company added. Exports increased by 14.6 per cent to 10, 200 units in February as compared with 8,900 units in the same month of 2020. "The company has been consistently striving to drive a resurgence in sales, thereby contributing towards economic recovery and bringing the industry closer to pre-Covid level sales. With a cumulative sales of 61 800 units in February 2021, Hyundai has recorded growth across segments," HMIL Director (Sales, Marketing & Service) Tarun Garg said. Both domestic and export demand have recorded healthy double digit growth last month, reflecting an all-round improvement in buyer sentiment, he added.

Hyundai bought chips when rivals didn't; its assembly lines keep rolling

The South Korean automaker kept buying chips even as rivals cut orders to reflect diminished demand because of the pandemic

Hyundai's $900 million recall is a cautionary tale for all EV makers

There's too great a rush to get electric cars to the market. Development must be tempered by care for consumer safety and thought for the consequences to a company's bottom line

Hyundai Motor to recall Kona EV and other electric vehicles in South Korea

"Hyundai Motor has decided to replace the battery cells of its three electric vehicle models," the Korea Times reported

Hyundai unveils Ioniq 5 electric crossover, expects EV demand jump

The company says the model is based on a new electric vehicle-only platform that uses its own battery module technology and requires fewer components than Hyundai's existing electric cars

Hyundai to strengthen SUV lineup in India, vertical continues to outshine

The company led the SUV space in the country with sales of 1.8 lakh units in 2020. It sells models like Venue, Creta and Tucson in the market

Hyundai, Kia say they're not in talks with Apple on autonomous cars

Hyundai Motor Co said it is not in talks with Apple on autonomous electric vehicles, sending its shares skidding a month after it said it was in early-stage talks on cars with the tech giant

Samsung, Hyundai, Daewoo prepare for Petrobras oil platform tender: Report

The competition marks Petrobras' comeback as a key customer for Asian shipyards

Hyundai Motor fourth-quarter profit rises 57% on demand for SUVs, Genesis

Hyundai, which together with affiliate Kia Corp is among the world's top 10 automakers, reported a net profit of 1.3 trillion won

Hyundai makes a 'Smartivity' move to take on rivals in SUV market

The car-maker grew market share marginally, thanks to an early focus on 'smart mobility' but it's in the competitive and fast-growing SUV market that this strategy will be truly tested