Diabytes
Hyundai Motor India News
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To advance this mission, HMIL signed a Power Purchase and Shareholder Agreement with Fourth Partner Energy Limited (FPEL) at its Chennai manufacturing plant.
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Hyundai Motor India shares are likely to debut on stock exchanges on October 22. The maiden share sale will be a full offer for sale (OFS).
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Hyundai Motor India MD Unsoo Kim has predicted that the EV growth will likely come on the back of increased focus from various companies on the local market and robust government support.
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In February this year, sources confirmed that the South Korean automaker is looking to raise at least USD 3 billion through an IPO.
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Hyundai Motor India Ltd is planning to launch four electric vehicle models in future, including Creta EV.
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Hyundai Motor surged 6.34 per cent to 285,000 won (US$206) shortly after opening on the South Korean exchange, marking a fresh 52-week peak.
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The highest-ever annual numbers for Hyundai were clocked by each of the models like Creta, New Venue, Alcazar, Tucson, Aura and Grand i10 Nios.
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EESL will procure Tata Nexon at Rs 14.86 lakh each.
Hyundai Kona will be procured at Rs 21.36 lakh.
These electric vehicles will replace the existing fleet of petrol and diesel vehicles.
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The company plans to re-start its preparatory operations in the Irungattukkottai-based factory on May 6 while adhering to guidelines laid out by the government authorities, Hyundai Motor India said in a statement.
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The Hyundai Motor India has suspended its manufacturing operations in Chennai from Monday (March 23, 2020) till further notice due to the the spread of the coronavirus COVID-19.
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The company's exports declined 22 percent to 8,900 units as compared with 11,408 units a year ago.
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The company had opened the pre-launch bookings for the model on May 2.
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Hyundai sells a range of models, from Santro hatchback to SUV Tuscon priced between Rs 3.89 lakh and Rs 26.84 lakh (all prices ex-showroom Delhi).
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The increased prices will not be applicable to the newly launched 2018 edition of SUV Creta.
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The campaign will be for limited 250 cars only, set with a pre-defined duration in real time and benefits are over and above the current Market Offer.
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The South Korean automaker today launched a new version of its premium compact hatchback Elite i20 priced between Rs 5.34 lakh and Rs 9.15 lakh.
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Under the bonnet, the new Hyundai i20 facelift is offered in both the choices – petrol as well as diesel.
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The new variants come with a power output of 100PS and a fuel efficiency of 19.1 kmpl.
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Hyundai had rolled out its first millionth car, a Santro, in 2007 in just 8 years and 7 months post commencement of commercial production in 1998.
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