Last week, Tata Motors, Ford India and Nissan India had announced plans to hike prices of their passenger vehicles
A delegation of Hyundai representatives, led by the South Korean ambassador, visited the Visakhapatnam Steel Plant last month
The compact hatchback is equipped with automatic transmission and bang for the buck
(Reuters) - Hyundai Motor Co <005380.KS> and its affiliate Kia Motors Corp <000270.KS> are planning to launch a solar charging technology for some Hyundai vehicles to meet global emission regulation targets, the South Korean automakers said on Wednesday.
Asia's fourth-biggest economy is being squeezed globally between high-end, innovative manufacturers and low-cost producers in China and elsewhere
The reshuffle came after Hyundai Motor reported last week that its third-quarter net profit plunged by two-thirds, hit by a $440 million one-off charge related to US recalls
Hyundai Motor India has topped the after-sales customer satisfaction survey among mass market brands, according to global market research firm JD Power. Hyundai, the country's second largest car seller, scored the highest 912 points in after-sales customer satisfaction survey, the JD Power 2018 India Customer Service Index (Mass Market) Study said. The South Korean firm had topped the rankings in the mass market category for India last year as well. Tata Motors was ranked second with a score of 874 points followed by Mahindra & Mahindra at the third position with a score of 865. Ford with a score of 829 points was placed fourth followed by Toyota at fifth with 827 points. Car market leader Maruti Suzuki India stood at the eight position with a score of 804. The study, now in its 22nd year, measures new-vehicle owner satisfaction with the after-sales service process by examining dealership performance. The study measures overall satisfaction in five factors service quality, vehicl
The Santro played a key role in establishing Hyundai in the Indian car market. It was the company's first product here launched in 1998.
To gain tax advantage and to create additional capacity for domestic market
The name of the new car, which will be officially launched in New Delhi on October 23, is 'All New Santro'
Hyundai is the only company among top five exporters to clock a growth this year
The company did not disclose the financial details
The company has commissioned a study to explore manufacturing of such vehicles in India and is currently studying various aspects of battery manufacturing and sourcing parts from the local market
Tax rates for CBUs is about 70% in Vietnam, but only 10-12% for CKD units
The proposed investment of the company, which has so far put Rs 210 billion in India, would be towards developing nine new products over the next three years, according to the HMIL MD & CEO
Trump said on March 1 the US plans to order tariffs of 25 per cent on imported steel and 10 per cent on aluminum
The 1.6 petrol variants of Verna are priced at Rs 968,000 and Rs 1.2 million while the diesel 1.6 trims are tagged between Rs 942,000 and Rs 1.2 million
The price hike will range from 2 to 5% and will be effective from Sept 11
After a supplier refused to provide parts due to delays in payment
The company had sold 43,201 units in August 2016, HMIL said in a statement