Page 17 - Hyundai

Hyundai to prioritise domestic market over exports, says GST will benefit

Facing capacity constraint, firm is yet to take a call on setting up a new mfg unit in the country

Hyundai to recall 43,700 cars in China to avert potential engine failure

The recall aims at addressing a manufacturing defect that leaves residues in some engines

Hyundai, Ceat and PSA Peugeot plan to invest Rs 13,000 cr in Tamil Nadu

Automobile companies are planning to invest around Rs 13,000 crore investment in the State. The automajors include Hyundai, CEAT and PSA Peugeot. The development comes at a time when the state lost some of the big ticket investments include Kia's to the neighbouring state.Speaking at the Assembly today, M C Sampath, minister for Industries, Tamil Nadu Government said that Hyundai is planning to invest around Rs 5,000 crore in expansion.While the company officials were not available for comment immediately, the Minsiter said Kia Motors decided to invest in Andhra Pradesh because they have a global policy, which states Hyundai and Kia will not facility in the same state.According to Tamil Nadu Government Industry Department's Policy note, which was tabled at the State Assembly today shows Hyundai is planning to invest around Rs 5,000 crore in expanding cars and cars engines capacity.Early this year, Hyundai Motor India Ltd (HMIL's) Managing Diretor Y K Koo said that that the existing ..

Beijing bling: Hyundai plots China branding reboot after missile row

Hyundai to consider brand rebooting in China to enhance China-Korea ties

Hyundai launches Xcent 2017, starting at Rs 5.38 lakh for base model

Hyundai Motor India today launched all new version of its compact sedan Xcent priced between Rs 5.38 lakh and Rs 8.41 lakh (ex-showroom Delhi). The six petrol variants are priced between Rs 5.38 lakh and Rs 7.51 lakh while the five diesel trims are tagged between Rs 6.28 lakh and Rs 8.41 lakh. "The fast changing trends and rising customer aspirations have always been the key driving force at Hyundai," the company's MD & CEO Y K Koo told reporters here. Considering the evolving market dynamics and customer voice, the company keeps enhancing its products, he added. "With over 2.5 lakh cars sold in domestic and international markets since 2014, we are confident that the all new Xcent will create a new benchmark in its segment," Koo said. The sedan comes with various new features like LED daytime running lights, wheel air curtains for better aerodynamic stability, shark fin antenna, among others. Koo said that the company sold a total of 6.62 lakh units last year. In the ...

Hyundai promotes Rakesh Srivastava as Director of Sales & Marketing

Ganesh Mani S has been elevated as Senior Vice President - Production

Hyundai revs up on style to reposition the brand

The Korean auto major looks to upgrade the brand's status and experience

Hyundai rolls out new variants of Creta

Creta E+ variant is priced at Rs 9.99 lakh while Creta SX+ dual tone trim is tagged at Rs 12.35 lakh

Hyundai Motor India sales up 8% at 55,614 units in March

Hyundai Motor India Ltd (HMIL) today reported a 8 per cent increase in total sales at 55,614 units in March this year. The company had sold 51,452 units in March 2016, HMIL said in a statement. Domestic sales were up 8.63 per cent at 44,757 units during the month, as against 41,201 units in the year-ago period, the company said. Exports in March this year stood at 10,857 units, as against 10,251 units in the same month last year, a growth of 5.9 per cent. For the fiscal ended March 31, 2017, HMIL said it sold 5,09,707 units as against 4,84,324 units in the previous year, up 5.2 per cent. Commenting on the sales performance, HMIL Senior Vice President - Sales & Marketing, Rakesh Srivastava said the company was able to close the financial year with highest-ever sales creating a strong momentum for the next year. The company's popular models Grand i10, Elite i20 and Creta achieved a record sales of over 10,000 units each in a single month in March, he added.

Hyundai seeks to renew fuel-cell car push with long-range SUV

Hyundai will show off a new fuel-cell bus early next year during the Winter Olympic Games

Hyundai suspends production at China plant amid diplomatic stand-off

Shares in Hyundai's affiliates, Kia Motors and Hyundai Mobis, also finished lower

Hyundai gears up to drive in hybrid models to India by 2018

The company plans to introduce its model Ioniq in 2018

Hyundai lines up eight new cars in four years to cater to Indian demand

Line up includes a family compact car, hybrid, SUV and others

Hyundai Motor profit skids 39% in Q4

Sales for the fourth quarter fell 0.1%, while operating profit dropped 33%

Hyundai, Kia plan $3.1-billion US investment

US investment by S Korea's two automakers is about 50% more than the previous 5-year period

Hyundai Motor to boost US investment by 50% as automakers respond to Trump

Toyota Motor Corp, Ford Motor Co and Fiat Chrysler have recently unveiled new US investment plans

Hyundai, Kia post first sales fall in 18 years

Hyundai Motor likely clocked its fourth straight annual profit decline in 2016

Blindsided by SUV boom, Hyundai trims costs

The belt-tightening aims to buy Hyundai time to prepare new models and a design revamp

Demonetisation: Coastal shipping has become economically viable now, says Hyundai

All Hyundai cars will be transported to Kandla Port in Gujarat from Chennai. From Kandla they will be sent through trucks

Hyundai launches premium SUV Tucson at Rs 18.99 lakh

Tucson adds to the company SUV line up which currently comprise of its popular model Creta and the top end SUV Santa FE