News

Hyundai Motor India Foundation launches `Eco-Gram` waste management programme & restores 3 waterbodies in Gurugram Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India Ltd. (HMIL), inaugurated a waste management plant in Gurugram. The project has been implemented in collaboration with Municipal Corporation of Gurugram, Haryana State CSR Trust and Saahas, an acclaimed NGO. HMIF also inaugurated a waterbody rejuvenation project in collaboration with GuruJal Society in Gurugram district. The projects were inaugurated by Nishant Kumar Yadav (IAS), Deputy Commissioner, G...
Hyundai Motor India Foundation launches `Eco-Gram` waste management programme & restores 3 waterbodies in Gurugram
Hyundai Motor India Foundation launches `Eco-Gram` waste management programme & restores 3 waterbodies in Gurugram
Source: IANS
21/07/2023 2:08:54 PM
Hyundai Exter SUV launched In India, prices start at Rs 6 lakh Hyundai Motor India Ltd (HMIL) on Monday launched Hyundai Exter in what is billed as India’s most affordable SUV with introductory prices start from Rs 6 lakh and go up to Rs 10 lakh for the top-spec trim (all prices ex-showroom, India). The Exter SUV, already unveiled digitally by Hyundai, will be a direct rival to the Tata Punch, Citroen C3, and Maruti Suzuki Ignis. For its price, it will also see competition from lower variants of the Nissan Magnite and Renault Kiger in the sma...
Hyundai Exter SUV launched In India, prices start at Rs 6 lakh
Hyundai Exter SUV launched In India, prices start at Rs 6 lakh
Source: IANS
10/07/2023 6:26:00 PM
Hyundai Motor and Toyota Kirloskar log higher sales in June The second largest car maker in India Hyundai Motor India Ltd on Saturday said it closed June with a sales of 65,601 units. According to Hyundai Motor, in June, 2023, it sold 65,601 units (domestic 50,001 units, exports 15,600 units) up from 62,351 units (domestic 49,001 units, exports 13,350 units) sold in June 2022. On the other hand, Toyota Kirloskar Motor reported sales of 19,608 units for June 2023 up from 16,512 units sold in June, 2022.
Hyundai Motor and Toyota Kirloskar log higher sales in June
Hyundai Motor and Toyota Kirloskar log higher sales in June
Source: IANS
1/07/2023 2:33:00 PM
Hyundai Motor India introduces transformational HR practices to become industry-leading 'role-based organisation' Hyundai Motor India Ltd., the countrys first smart mobility solutions provider and largest exporter since inception, has ushered in a reimagined and co-created role based organisation structure to augment its vision ?Progress for Humanity. The industry-inspiring organisational transformation is aimed to make Hyundai Motor India future ready with leaner responsibility levels, fostering agile work networks, establishing avenues to exhibit talent and progress through fluidic career streams, a...
Hyundai Motor India introduces transformational HR practices to become industry-leading 'role-based organisation'
Hyundai Motor India introduces transformational HR practices to become industry-leading 'role-based organisation'
Source: IANS
24/05/2023 12:26:49 PM
Hyundai Motor India inks agreement with Shell India Markets for EV chargers Car major Hyundai Motor India Ltd on Wednesday said it has inked a Memorandum of Agreement (MoA) with Shell India Markets Private Limited to install 60 kW DC Fast Chargers across 36 of its electric vehicle (EV) Dealerships in India. The collaboration with Shell India is a part of Hyundai Motor India's EV charging infrastructure expansion plan. Shell India Markets will also consider installing DC 120 kW Fast Charger in dealers instead of DC 60 kW Fast charges if feasible, Hyundai Mot...
Hyundai Motor India inks agreement with Shell India Markets for EV chargers
Hyundai Motor India inks agreement with Shell India Markets for EV chargers
Source: IANS
17/05/2023 3:50:05 PM
Much before talk of diesel car ban, sales down to 17.6% of total volume The news about an Indian government committee suggesting a ban on diesel cars from 2027 has sowed the seeds of uncertainty in the minds of diesel car buyers today, said top industry officials. Car buyers will think twice before writing out a cheque to buy a diesel car, they added. The government has suggested a ban on diesel-powered cars by 2027 in cities with a population of over a million people. "The impact on the diesel vehicle industry will be from now, and not from 2027,&q...
Much before talk of diesel car ban, sales down to 17.6% of total volume
Much before talk of diesel car ban, sales down to 17.6% of total volume
Source: IANS
14/05/2023 1:59:39 PM
Hyundai leapfrogs in customer safety by standardising 3-point seatbelt, safety reminder for all seats across lineup Hyundai Motor India Limited (HMIL), Indias first smart mobility solutions provider and largest exporter since inception, announced the standardisation of 3-point seatbelt and seat belt reminder for all seats across its entire model lineup. Commenting on the same, Tarun Garg, Chief Operating Officer, Hyundai Motor India said: "Customer safety is our utmost priority and we have been the forerunners in standardisation of safety features. At Hyundai, we are committed to consistently eleva...
Hyundai leapfrogs in customer safety by standardising 3-point seatbelt, safety reminder for all seats across lineup
Hyundai leapfrogs in customer safety by standardising 3-point seatbelt, safety reminder for all seats across lineup
Source: IANS
5/05/2023 1:10:08 PM
Hyundai Motor announces new SUV `EXTER` in India Hyundai Motor India on Friday announced the name of its upcoming SUV -- Hyundai EXTER, which will offer smart mobility experience to the customers. According to the company, this new SUV will be an extremely important part of HMI's strong lineup of SUVs that already include VENUE, VENUE N Line, CRETA, ALCAZAR, KONA Electric, TUCSON and IONIQ 5. "We are proud to announce the name of our new SUV -- Hyundai EXTER that exemplifies the pulse of Gen Z buyers while empowering them wit...
Hyundai Motor announces new SUV `EXTER` in India
Hyundai Motor announces new SUV `EXTER` in India
Source: IANS
14/04/2023 1:48:20 PM
Hyundai Motor considering buying GM India`s Talegaon plant assets The Hyundai Motor India Ltd with a view to have a second automobile plant in India is considering to acquire land and building and some assets of General Motors India's Talegaon plant in Maharashtra. According to Hyundai Motor India, a Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, certain machinery and equipment situated at the General Motors India's plant in Talegaon. The Hyundai Motor India said the proposed ...
Hyundai Motor considering buying GM India`s Talegaon plant assets
Hyundai Motor considering buying GM India`s Talegaon plant assets
Source: IANS
13/03/2023 10:43:19 AM
ITC rises as its Agri Business Division enters into partnership with Hyundai Motor India ITC is currently trading at Rs. 390.80, up by 2.60 points or 0.67% from its previous closing of Rs. 388.20 on the BSE. The scrip opened at Rs. 384.20 and has touched a high and low of Rs. 392.50 and Rs. 384.20 respectively. So far 368794 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 394.00 on 23-Feb-2023 and a 52 week low of Rs. 220.10 on 07-Mar-2022. Last one week high and low of the scrip stood at Rs. 392.45...
ITC rises as its Agri Business Division enters into partnership with Hyundai Motor India
ITC rises as its Agri Business Division enters into partnership with Hyundai Motor India
Source: Accord Fintech
8/03/2023 2:26:39 PM
Hyundai Motor India launches new car `Hyundai AURA` Car maker Hyundai Motor India Ltd on Monday launched the new "Hyundai AURA" -- with an introductory price of Rs 6,29,600. The new Hyundai AURA comes available in six Monotone Colour Options -- Polar White, Titan Grey, Typhoon Silver, Starry Night, Teal Blue and Fiery Red. "As a customer-centric brand, it has been a continuous endeavour to push boundaries and ensure customer delight through our class-leading products. The new Hyundai AURA sets this benchmark even higher, a...
Hyundai Motor India launches new car `Hyundai AURA`
Hyundai Motor India launches new car `Hyundai AURA`
Source: IANS
23/01/2023 2:25:41 PM
Hyundai Motor India gears up to lead 'pump-to-plug' revolution  As the electric vehicle (EV) four-wheeler segment gets charged up with some fresh offerings in the New Year, Hyundai Motor India Ltd (HMIL) said they are aiming to bring a "pump-to-plug" revolution in the country, showcasing its global technology and product strength, and will launch a complete range of innovative EV in the market by 2028. The automaker has announced an investment of Rs 4,000 crore towards developing six electric vehicles in India by 2028. "Hyundai ...
Hyundai Motor India gears up to lead 'pump-to-plug' revolution
Hyundai Motor India gears up to lead 'pump-to-plug' revolution
Source: IANS
22/01/2023 2:29:18 PM
Auto Expo 2023: Hyundai launches Ioniq 5 EV On the first day of the Auto Expo 2023, Hyundai Motor India launched another electric model, the 'Ioniq 5', which when fully charged will run upto 631 km. The EV is underpinned by the E-GMP platform that also underpins the Kia EV6 which is already on sale in India, and the Ioniq 5 also gets Level 2 ADAS features. The introductory price of Ioniq 5 is Rs 44.95 lakhs (ex-showroom) and will be available in 3 colour options -- White, Black and an exclusive Matte Silver. Unsoo Kim,...
Auto Expo 2023: Hyundai launches Ioniq 5 EV
Auto Expo 2023: Hyundai launches Ioniq 5 EV
Source: IANS
11/01/2023 2:51:33 PM
India says Mercedes improved pollution management at plant after failing checks Mercedes-Benz has improved wastewater and air pollution management at its only car factory in India after officials detected environment law lapses in recent inspections, government documents show. Pollution control officials in the western state of Maharashtra signed off on Mercedes' compliance with environment norms in an Oct. 11 visit report, reviewed by Reuters. The clearance is a relief for the German carmaker, India's top luxury car seller, which announced plans in January...
India says Mercedes improved pollution management at plant after failing checks
India says Mercedes improved pollution management at plant after failing checks
Source: Reuters
8/01/2023 4:41:00 PM
Hyundai Motor India launches Hyundai Pavilion on Metaverse Car maker Hyundai Motor India Ltd on Thursday announced the launch of the Hyundai Pavilion on Metaverse space - the Hyundai Mobility Adventure on the Roblox platform. According to the company, the Hyundai Pavilion on metaverse will go live along the commencement of the Auto Expo 2023. The Hyundai Mobility Adventure is Hyundai's immersive virtual city that will propel the users to experience the thrill of Web 3.0 with Hyundai's five flagship models including Ioniq 6, Ioniq 5, Nex...
Hyundai Motor India launches Hyundai Pavilion on Metaverse
Hyundai Motor India launches Hyundai Pavilion on Metaverse
Source: IANS
5/01/2023 7:40:59 PM
IONIQ5 to be Hyundai's first model for India under new platform Car maker Hyundai Motor India Ltd on Thursday said it would launch the Hyundai IONIQ5 as the battery electric vehicle (BEV) built on the electric global modular platform (E-GMP). "Our Electric Mobility campaign in India began in 2019 with the launch of India's first Electric SUV, the Hyundai KONA Electric. As we continue to challenge possibilities and dynamics of mobility, our pursuit of innovation is perfectly reflected in the E-GMP. With the introduction of E-GMP to India, we wi...
IONIQ5 to be Hyundai's first model for India under new platform
IONIQ5 to be Hyundai's first model for India under new platform
Source: IANS
10/11/2022 4:56:15 PM
Long queue for utility vehicles in India Even as the demand for passenger vehicles going up, the supplies of semi-conductors easing and manufacturers launching new models, the waiting period for customers for some models is nearly two years, states a report. The car companies with long waiting list includes Kia Motors, Mahindra and Mahindra (M&M) Hyundai Motor India, Maruti Suzuki India, Toyota Kirloskar and others. Interestingly topping the list is M&M's Scorpio model having a wait ing period of about 21 months. ...
Long queue for utility vehicles in India
Long queue for utility vehicles in India
Source: IANS
12/10/2022 5:26:21 PM
New midsize SUVs to vroom on Indian roads soon With the market for the midsize sport utility vehicle (SUV) growing in an accelerated manner in India, car makers are set to launch their new offerings in the market. The car makers are Maruti Suzuki India Ltd (Grand Vitara), Hyundai Motor India Ltd (Venue N Line), Toyota Kirloskar Motor (Hyryder) and a couple of facelift SUVs like the XUV 300 from Mahindra & Mahindra. According to the Society of Automobile Manufacturers (SIAM), about 2.96 lakh utility vehicles measuring less than f...
New midsize SUVs to vroom on Indian roads soon
New midsize SUVs to vroom on Indian roads soon
Source: IANS
31/08/2022 10:36:08 AM
Hyundai Motor targets 5,000-unit sales of Tucson  India's second largest car maker Hyundai Motor India Ltd targets to sell about 5,000 units of its new Tucson model this year, the company said on Wednesday. According to Hyundai Motor India, the Tucson sport utility vehicle (SUV) with a starting price of about Rs 27.69 lakh has a waiting period of 8-10 months. The fourth generation of Tucson is being launched in India, said Unsoo Kim, Managing Director and CEO, Hyundai Motor India. The model will compete with Citroen C5 Air...
Hyundai Motor targets 5,000-unit sales of Tucson
Hyundai Motor targets 5,000-unit sales of Tucson
Source: IANS
11/08/2022 9:32:09 AM
Hyundai Motor sells 1 mn 'green' cars, shows data  Hyundai Motor Group's cumulative sales of eco-friendly vehicles surpassed the 1 million mark in July, 13 years after its entry into the green-car market, data showed on Monday. The automaking giant said its two carmaking affiliates -- Hyundai Motor Co. and Kia Corp. -- sold a combined 29,484 environmentally-friendly vehicles in July alone, raising their cumulative sales to 1.024 million. The milestone came after Hyundai Motor Group entered the eco-friendly vehicle market in Ju...
Hyundai Motor sells 1 mn 'green' cars, shows data
Hyundai Motor sells 1 mn 'green' cars, shows data
Source: IANS
8/08/2022 9:43:07 AM
Indian auto industry accelerating, shows robust July numbers The Indian automobile industry has posted robust growth last month with passenger/commercial vehicles and two-wheelers logging growth while the tractor segment lagged behind. Passenger car majors clocked total sales of over 3.43 lakh last month as compared to July last year. The commercial vehicle's sector maintained robust growth momentum, driven by strong demand in both passenger and cargo segments, said Emkay Global Financial Services. Similarly, the passenger and two-wheelers...
Indian auto industry accelerating, shows robust July numbers
Indian auto industry accelerating, shows robust July numbers
Source: IANS
2/08/2022 4:22:54 PM
M&M inches up on reporting 33% sales growth in passenger vehicles segment in July Mahindra & Mahindra is currently trading at Rs. 1238.45, up by 2.10 points or 0.17% from its previous closing of Rs. 1236.35 on the BSE. The scrip opened at Rs. 1238.70 and has touched a high and low of Rs. 1244.20 and Rs. 1226.75 respectively. So far 17794 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1248.40 on 01-Aug-2022 and a 52 week low of Rs. 671.00 on 08-Mar-2022. Last one week high and low of the ...
M&M inches up on reporting 33% sales growth in passenger vehicles segment in July
M&M inches up on reporting 33% sales growth in passenger vehicles segment in July
Source: IANS
1/08/2022 5:31:43 PM
Hyundai Motor India announces 'Save Water Challenge' for customers on World Environment Day Hyundai Motor India Ltd, country's first smart mobility solutions provider and largest exporter since inception, on Thursday announced the rollout of its campaign -- 'Save Water Challenge' to celebrate World Environment Day on June 3, with its customers across all Hyundai Workshops in India. Taking a step ahead for a sustainable future, Hyundai is encouraging its customers to opt for Dry Wash while giving their favourite Hyundai car for service. Each dry wash helps save approx ...
Hyundai Motor India announces 'Save Water Challenge' for customers on World Environment Day
Hyundai Motor India announces 'Save Water Challenge' for customers on World Environment Day
Source: IANS
3/06/2022 8:23:41 AM
Tata Power shines on teaming up with Hyundai Motor India for EV charging network across India Tata Power Company is currently trading at Rs. 231.55, up by 4.90 points or 2.16% from its previous closing of Rs. 226.65 on the BSE. The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 232.00 and Rs. 227.75 respectively. So far 1130544 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 07-Apr-2022 and a 52 week low of Rs. 101.70 on 17-May-2021. Last one week high and low of the scrip sto...
Tata Power shines on teaming up with Hyundai Motor India for EV charging network across India
Tata Power shines on teaming up with Hyundai Motor India for EV charging network across India
Source: Accord Fintech
17/05/2022 11:58:09 AM
Maruti, Hyundai led domestic, export sales in April Car makers Maruti Suzuki India Ltd and Hyundai Motor India Ltd led the industry in terms of passenger vehicle exports last month, Society of Indian Automobile Manufacturers Association (SIAM) said on Wednesday. As per the export data released by SIAM, Maruti Suzuki had shipped out 18,216 units (17,131 units in April 2021) while Hyundai Motors exported 12,200 units last month (10,201 units). The other passenger vehicle exporters last month were: Honda Cars India Ltd 2,034 units, FCA Indi...
Maruti, Hyundai led domestic, export sales in April
Maruti, Hyundai led domestic, export sales in April
Source: IANS
11/05/2022 4:34:55 PM
Key News - Axis Bank,Bain Capital, Hyundai Motor Company, Sundram Fasteners Ltd, Google Pay By ARETE Securities Key News Axis Bank set to buy Citi's India consumer business: Report Private sector lender Axis Bank is close to acquiring Citigroup's retail banking business in India and a deal is likely to be announced soon, sources said on Wednesday. According to the sources, the deal, to be valued at USD 2.5 billion (about Rs 18,000 crore), will be subject to regulatory approvals. In April 2021, American banking major Citigroup announced its plan to exit from the consumer banking busines...
Key News - Axis Bank,Bain Capital, Hyundai Motor Company, Sundram Fasteners Ltd, Google Pay By ARETE Securities
Key News - Axis Bank,Bain Capital, Hyundai Motor Company, Sundram Fasteners Ltd, Google Pay By ARETE Securities
Source: ARETE Securities Ltd
31/03/2022 9:31:26 AM
Centre selects 20 Cos under auto PLI scheme The Central government on Friday selected 20 companies such as Tata Motors, Suzuki Motor Gujarat, Hyundai Motor India, Mahindra & Mahindra amongst others to become a part of 'Production Linked Incentive' (PLI) scheme for automobile and auto components. Last year, the Centre had approved the PLI scheme for enhancing the country's manufacturing capabilities for 'Advanced Automotive Technology' (AAT) products with a budgetary outlay of Rs 25,938 crore. The AATs base...
Centre selects 20 Cos under auto PLI scheme
Centre selects 20 Cos under auto PLI scheme
Source: IANS
12/02/2022 9:43:44 AM
Tata Motors' PV sales overtake Hyundai in December Automobile manufacturer Tata Motors' passenger vehicles vertical sold more units than Hyundai Motor India in December. Besides, PVs, Tata Motors has a major presence in the commercial vehicle segment. Tata Motors' total domestic passenger vehicle sales rose by 50 per cent to 35,299 units from 23,545 unit off-take in December 2020. "Tata Motors PV business growth journey continued and set several new milestones during the quarter despite witnessing a shortfall in producti...
Tata Motors' PV sales overtake Hyundai in December
Tata Motors' PV sales overtake Hyundai in December
Source: IANS
3/01/2022 9:13:14 AM
Hyundai Motor India's Dec YoY total sales down 26.7% Automobile manufacturer Hyundai Motor India's December 2021 total sales declined by 26.7 per cent on a year-on-year basis. The company's cumulative sales fell to 48,933 units last month from 66,750 units sold during December 2020. The domestic sales declined by 31.8 per cent to 32,312 units from 47,400 units reported for the corresponding period of last year. Similarly, the company's exports declined. The automaker shipped out 16,621 units in December from 19,350 units sold ...
Hyundai Motor India's Dec YoY total sales down 26.7%
Hyundai Motor India's Dec YoY total sales down 26.7%
Source: IANS
2/01/2022 9:19:12 AM
Hyundai Motor India aims to launch six EVs by 2028 Automaker Hyundai Motor India aims to expand its electric mobility plans for the market by 2028. The company will line up six battery-run electric vehicles during the period, it said on Wednesday. "Catering to the diversity of the Indian market, Hyundai's line-up of six 'Battery Electric Vehicles' will cater to multiple segments including mass market and mass premium segments in India," the automaker said. Besides, the company plans to invest approximately Rs 4,...
Hyundai Motor India aims to launch six EVs by 2028
Hyundai Motor India aims to launch six EVs by 2028
Source: IANS
8/12/2021 8:20:37 PM
Hyundai creates relief task force to support flood-hit customers in Tamil Nadu Automobile manufacturer Hyundai Motor India (HMIL) has formed a relief task force to support flood affected customers in Tamil Nadu and Puducherry. To ensure seamless mobility, Hyundai has deployed a dedicated ‘Emergency Roadside Assistance Service Team' to support the customers. Besides, the company announced an offer of 50 per cent discount on depreciation amount of insurance claims for the flood-affected vehicles. According to Tarun Garg, Director (Sales, Marketing &...
Hyundai creates relief task force to support flood-hit customers in Tamil Nadu
Hyundai creates relief task force to support flood-hit customers in Tamil Nadu
Source: IANS
14/11/2021 9:50:00 AM
Festive push: Healthy sales expected despite Covid fears says Hyundai Automobile major Hyundai Motor India expects healthy sales during the upcoming festive season which will be supported by pent-up demand in the coming months. Nevertheless, the company maintains a cautious stance due to the ongoing pandemic. In a conversation with IANS, HMIL's Director Sales and Marketing Tarun Garg: "Till now, the trend during the festive season (Onam 2021) seems to be encouraging" "We expect it (trend) to continue as the main festive season appr...
Festive push: Healthy sales expected despite Covid fears says Hyundai
Festive push: Healthy sales expected despite Covid fears says Hyundai
Source: IANS
28/08/2021 12:49:58 PM
Hyundai unveils i20 N Line in India South Korean automobile major Hyundai Motor unveiled its sportier hatchback i20 N Line here on Tuesday. The i20 N Line is the entry point to Hyundai's performance-focused ‘N' model range, but it still gets hotter enhancements than the standard i20. Hyundai i20 N Line is based on four key pillars of the Indian market, which include energising exteriors, engaging interiors, enthusiastic performance and enticing technology, the company said. "The N Line range will introd...
Hyundai unveils i20 N Line in India
Hyundai unveils i20 N Line in India
Source: IANS
25/08/2021 9:40:06 AM
HMIL invested over $4 bn in last 25 years Automobile manufacturer Hyundai Motor India has invested over $4 billion in India in the last 25 years. Notably, the company is observing 2021 as its 25th year of commencing operations in India. "Hyundai Motor India has invested over $4 billion in India and has 17 regional offices and 2,449 customer touchpoints across India." On Tuesday, the automaker inaugurated its new state-of-the-art corporate Headquarters in Gurugram. HMIL is a wholly owned subsidiary of Hyundai Mot...
HMIL invested over $4 bn in last 25 years
HMIL invested over $4 bn in last 25 years
Source: IANS
27/07/2021 4:10:38 PM
Hyundai Motor India rolls out fastest 10 millionth car Automobile major Hyundai Motor India Ltd (HMIL) has achieved the fastest rollout of 10 million cars from its state-of-the-art manufacturing facility near Chennai, Tamil Nadu. According to the company, production of 10 million cars is a result of smart manufacturing and re-affirms Hyundai's commitment towards making India self-reliant. Besides, the achievement reiterates HMIL's support towards state and central governments to accentuate economic recovery by overcoming the challen...
Hyundai Motor India rolls out fastest 10 millionth car
Hyundai Motor India rolls out fastest 10 millionth car
Source: IANS
1/07/2021 9:13:00 AM
Santro to Alcazar: Hyundai Motor India rolled out 10M cars  The second largest car maker in India, Hyundai Motor India Ltd on Wednesday achieved 10 million car production at its plant near here. While the small car Santro was the first model that was rolled out of the plant about 25 years ago, it was the company's latest model Alcazar that came out of the assembly lines as the magical 10 millionth car. Tamil Nadu Chief Minister M.K.Stalin present at the plant signed on the car bonnet to mark the momentous occasion. "This histor...
Santro to Alcazar: Hyundai Motor India rolled out 10M cars
Santro to Alcazar: Hyundai Motor India rolled out 10M cars
Source: IANS
30/06/2021 3:30:44 PM
Hyundai Motor buys US firm Boston Dynamics for $880 mn Hyundai Motor Group said on Monday its three affiliates and its chief have acquired a controlling stake in US-based robotics firm Boston Dynamics for $880 million. The investment is part of the South Korean automaking group's broader plans to strengthen its competitiveness in future mobility solutions. In December, the board of directors at the three affiliates -- Hyundai Motor, Hyundai Mobis and Hyundai Glovis -- approved the plan to acquire a combined 80 percent stake in Boston Dy...
Hyundai Motor buys US firm Boston Dynamics for $880 mn
Hyundai Motor buys US firm Boston Dynamics for $880 mn
Source: IANS
21/06/2021 3:53:14 PM
Hyundai`s May cumulative sales rises to over 30K units Automobile major Hyundai Motor India on Tuesday reported an exponential increase in its May cumulative sales.   Accordingly, the company cumulatively sold 30,703 units in May 2021. It had reported an off-take of 12,583 units in May 2020.   Geography-wise, the domestic sales rose to 25,001 units from 6,883 units reported for the corresponding period of last year.   However, exports remained flat.   The company shipped out 5,702 units in May, a margin...
Hyundai`s May cumulative sales rises to over 30K units
Hyundai`s May cumulative sales rises to over 30K units
Source: IANS
1/06/2021 4:53:27 PM
Hyundai Motor offers assistance of Rs 20 cr to fight Covid-19 Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India, on Wednesday announced to offer infrastructural assistance of Rs 20 crore to the states most affected by the Covid-19 pandemic, including Haryana, Delhi, Maharashtra, Telangana and Tamil Nadu. Under its third phase of initiatives for Covid-19, HMIF will rollout a multi-faceted relief package of Rs 20 crore that is deeply focused on the crisis at hand, a statement by the company said. To impact meaningfu...
Hyundai Motor offers assistance of Rs 20 cr to fight Covid-19
Hyundai Motor offers assistance of Rs 20 cr to fight Covid-19
Source: IANS
29/04/2021 10:39:38 AM
HMIL exports over 100k passenger vehicles in FY21 Automobile major Hyundai Motor India (HMIL) on Friday said it has exported 104,342 units between April 2020 to March 2021. Besides, the company said it has became the leading exporter of SUVs with over two lakh units of Creta and Venue being shipped out to overseas markets including Mexico, Saudi Arabia, South Africa, Nepal and Chile. Further, the all-new i20 is being exported to all key markets across Africa and Latin America region. "Despite numerous challenges emerging out of...
HMIL exports over 100k passenger vehicles in FY21
HMIL exports over 100k passenger vehicles in FY21
Source: Accord Fintech
16/04/2021 3:06:06 PM
Hyundai sells over a million `Made in India` SUVs Automobile major Hyundai Motor India has cumulatively sold over one million SUVs in domestic and export markets since its inception, the company said on Monday. At present, the company offers 4 SUVs in the country, namely Venue, Creta, Tucson and Kona Electric. "With over 1 Million cumulative SUV sales in domestic and export markets, we have reiterated the promise of Make-in-India over nearly two and a half decades of our presence in India," said Tarun Garg, Director (Sales, M...
Hyundai sells over a million `Made in India` SUVs
Hyundai sells over a million `Made in India` SUVs
Source: IANS
5/04/2021 4:44:44 PM
Hyundai Alcazar completes durability tests Hyundai Motor India Ltd (HMIL) on Sunday announced the culmination of durability tests being conducted on its upcoming 7-seater SUV, Hyundai Alcazar. "Developed to redefine benchmarks, Hyundai Alcazar has been tested over varying terrains such as rough roads, fast-paced highways and hilly terrain. Pushed to the limits, Hyundai Alcazar has surpassed challenging weather conditions to ensure this fortress is built to last," said a company statement. The tests explored the perform...
Hyundai Alcazar completes durability tests
Hyundai Alcazar completes durability tests
Source: IANS
4/04/2021 5:42:38 PM
Growth pick-up: Hyundai sees sales uptrend to continue Automobile major Hyundai Motor India foresees a sustainable up-trend in demand on the back of accelerated economic recovery as well as opening of offices and other establishments. Besides, the company expects the strong response to the ongoing vaccination programme is expected to drive the growth momentum into the first quarter of FY22. In a conversation with IANS, HMIL's Director Sales and Marketing Tarun Garg credited the healthy demand on faster economic recovery, opening up of o...
Growth pick-up: Hyundai sees sales uptrend to continue
Growth pick-up: Hyundai sees sales uptrend to continue
Source: IANS
18/03/2021 1:41:27 PM
Hyundai India sells over 1.21 lk all-new Creta SUV in 1 year Automobile manufacturer Hyundai Motor India on Tuesday said that it has sold over 1.21 lakh unit sales of all-new Creta SUV since its launch in a span of 1 year. The all-new Creta has spearheaded Hyundai's SUV leadership in India in CY2020. The vehicle is powered by advanced powertrain options such as '1.5 l U2 CRDi Diesel BS6 and 1.5 l MPi Petrol (6MT/ IVT), 1.5 l U2 CRDi Diesel (6MT/ 6AT) and Powerful 1.4 l Kappa Turbo GDi Petrol (7DCT)'. Launched in 2015, Hyundai Creta...
Hyundai India sells over 1.21 lk all-new Creta SUV in 1 year
Hyundai India sells over 1.21 lk all-new Creta SUV in 1 year
Source: IANS
17/03/2021 9:02:46 AM
Hyundai Motor India`s overall Feb sales over 26% Hyundai Motor India on Monday reported a growth of 26.4 per cent in its overall sales including exports during February. The company's overall sales grew to 61,800 units from 48,910 units sold during February 2020. Similarly, the company's domestic sales rose during the month under review. It edged higher by 29 per cent to 51,600 units from 40,010 units sold during the corresponding month of the previous year. Similarly, exports increased and it rose by 14.6 per cent to 10...
Hyundai Motor India`s overall Feb sales over 26%
Hyundai Motor India`s overall Feb sales over 26%
Source: IANS
1/03/2021 12:56:31 PM
Hyundai Motor, Aptiv test autonomous vehicles in US  Motional, a joint venture between Hyundai Motor and Aptiv, said on Tuesday it has tested self-driving vehicles on public roads in the US, becoming one of the world's first companies to achieve Level 4 autonomy. The Boston-based company said it tested multiple autonomous vehicles with and without a safety operator in Las Vegas earlier this month. The testing was conducted less than three months after the state of Nevada approved the company's testing of its vehicles without...
Hyundai Motor, Aptiv test autonomous vehicles in US
Hyundai Motor, Aptiv test autonomous vehicles in US
Source: IANS
23/02/2021 9:43:29 AM
Hyundai Motor India sold over 9 mn cars in 25 yrs  Hyundai Motor India has sold over 9 million cars since its inception 25 years ago. Accordingly, 2021 marks 25 years of company's presence in India. "Envisioning India at the heart of global manufacturing and commerce, Hyundai, began its journey with the country 25 years ago towards a mutual progress," S.S. Kim, MD & CEO, Hyundai Motor India was quoted as saying in a statement. "Today, it gives us immense pride to have come this far together, developing a ...
Hyundai Motor India sold over 9 mn cars in 25 yrs
Hyundai Motor India sold over 9 mn cars in 25 yrs
Source: IANS
17/02/2021 5:12:58 PM