Appearing with Biden, Hyundai CEO Euisun Chung said Sunday his company would spend another $5 billion on artificial intelligence for autonomous vehicles and other technologies
Hyundai Motor Group confirmed the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands
Manufacturers are aiming to address the issue of limited EV options with the new cars they plan to bring
Tata Motors, Toyota Kirloskar Motor and Skoda Auto on the other hand witnessed a robust growth in vehicle dispatches last month
The latest US investment plan is part of Hyundai's broad plan to invest $7.4 billion in its US plants and markets by 2025
The company had dispatched 64,621 units to its dealers in March 2021
Carbon neutrality can be achieved by either balancing carbon emissions with carbon removal or by cutting carbon emissions entirely
The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030
The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030
Hyundai flap has lessons for other MNCs
Wherever BJP has been given the opportunity to work with stability, there you will find an atmosphere of pro-incumbency and not anti-incumbency, says PM Modi
Besides Hyundai, distributors and franchisees of Japanese auto brands including Toyota, Suzuki Motor Corp, Isuzu and Chinese truck brand Faw Trucks also faced a backlash
This matter concerned India's territorial integrity on which there could be no compromise, says MEA on Hyundai Pakistan's social media post
This comes as India summoned the South Korean envoy over Hyundai Pakistan's social media post on Kashmir
There have been demands for the company to apologise unequivocally over its Pakistan partner expressing solidarity with the cause of a separate Kashmir
Hyundai is facing calls for a boycott by hundreds of social media users in India
Analysts warn that soaring prices of raw materials, component shortages and logistical bottlenecks caused by the Covid-19 pandemic are likely to further drive up costs in the current quarter
Tata Motors shipped 35,461 units of passenger vehicles (PVs) to its dealers in December 2021
Hyundai to Maruti, carmakers ride SUV rush in quest for the pole position
Hyundai Motor India expects robust sales to continue in 2022 as well with various positive factors, like improvement in the availability of semiconductors, aiding the business growth.