Hyundai Motor News
Hyundai Motor, which exported 637,000 vehicles to the United States last year, is reportedly considering redirecting U.S.-produced vehicles to the domestic market instead of exporting them overseas.
The net profit for the first 9 months (April-December) of the current financial year period stands at Rs 4,025.8 crore compared to Rs 4,382.9 crore in the same period of FY2023-24.
India's key IPOs in 2024 included Hyundai Motor's USD 3.3 billion issue, Swiggy's USD 1.3 billion offering, NTPC Green Energy's USD 1.2 billion IPO, Vishal Mega Mart's USD 0.9 billion listing, and Bajaj Housing Finance's USD 0.8 billion issue.
Hyundai plans to launch the Casper Electric, named Inster for overseas markets, in global markets and develop gasoline hybrid models amid the slowdown in electric vehicles.
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.
Lodging a strong protest over the lies and propaganda being spread by Hyundai Pakistan on Kashmir, India strongly conveyed that “Jammu and Kashmir is an integral part of India.”
Tata Motors has overtaken Hyundai Motor India to become the second largest-selling carmaker
Tata Motors' domestic car sales stood at 35,300 units last month
The domestic sales rose to 66,307 units during the month
Aurora, which just announced a partnership with Fiat Chrysler Automobiles, competes with Alphabet`s Waymo and General Motors` majority-owned Cruise, among others.
As part of the strategic collaboration, the companies have agreed to co-create solutions to operate and manage fleet vehicles.
Hyundai said the overhaul was part of its efforts to accelerate innovation to achieve sustainable growth.
The front grille symbolizes hydrogen through geometric shapes, giving the vehicle a unique and powerful look.
Hyundai rolled out its first million car, Santro, in 2006, 8 years after commencement of commercial production in 1998.
He said that the automakers will need to ensure that the driver-less and electric cars are safe for passengers.
The world`s number 5 automaker reported a net profit of $971.61 million for the fourth quarter ended on December.
India`s antitrust watchdog on Wednesday imposed a fine of Rs 870 million (USD 13.6 million) on South Korean automaker Hyundai Motor Co's local unit, accusing the company of anti-competitive behaviour.
The plant, which will have a maximum production capacity of 300,000 vehicles a year, will produce a compact sedan and a sport utility vehicle tailored for the Indian market.
Hyundai Motor India on Thursday launched an updated version of its premium hatchback Elite i20 priced between Rs 5.36 lakh and Rs 9.09 lakh (ex-showroom Delhi).
Strengthening it's SUV portfolio, Hyundai Motor India today launched all new Tucson with an introductory price ranging between Rs 18.99 lakh and Rs 24.99 lakh (ex-showroom Delhi).
Tens of thousands of unionised workers at South Korea`s Hyundai Motor staged their first full strike on Monday for more than a decade after negotiations over a wage increase stalled.
Leading auto makers Maruti Suzuki, Hyundai Motor and M&M began the new financial year with robust sales in April as also two-wheeler majors Hero MotoCorp and Honda Motorcycles & Scooters.
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