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Hyundai Motor to sell Russia plant for token sum, taking $219 million hit

Hyundai Motor to sell Russia plant for token sum, taking $219 million hit

Tue, Dec 19, 2023

The automaker said in a statement that it is currently making final arrangements with Russia's Art-Finance to agree a deal.

Hyundai sticks to EV rollout plans, sees solid growth this year

Hyundai sticks to EV rollout plans, sees solid growth this year

Thu, Oct 26, 2023

The Hyundai Motor Group, which encompasses the Hyundai, Kia and Genesis brands, said in April it plans to launch 31 EVs by 2030.

Hyundai Motor preparing for new Group leadership position for EVs in India

Hyundai Motor preparing for new Group leadership position for EVs in India

Tue, Aug 08, 2023

South Korean automotive group Hyundai Motor is preparing for a "new Group leadership position in EVs" in India given that the country will be a competitive electric vehicle battleground in the years to come, the company said on Tuesday.

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Hyundai sales up 4% in July at 66,701 units

Hyundai sales up 4% in July at 66,701 units

Tue, Aug 01, 2023

Domestic sales rose marginally to 50,701 units last month, from 50,500 units in the year-ago period, the South Korean automaker said in a statement.

Hyundai drives in micro SUV Exter with price starting at Rs 5.99 lakh

Hyundai drives in micro SUV Exter with price starting at Rs 5.99 lakh

Mon, Jul 10, 2023

Hyundai Exter builds exceptional customer confidence with 26 Safety Features.

Hyundai Mobis develops world's 1st rollable vehicle display

Hyundai Mobis develops world's 1st rollable vehicle display

Tue, Apr 18, 2023

Hyundai Mobis aims to obtain orders for the rollable display, which was partly adopted in smartphones and TVs, from luxury carmakers in North America and Europe.

Hyundai to drive in all-new SUV in Indian market

Hyundai to drive in all-new SUV in Indian market

Wed, Apr 05, 2023

The company currently sells models like Venue, Creta, Alcazar and Tucson in the sports utility segment in the domestic market.

Hyundai Motor to acquire General Motors' Telegaon plant in Maharashtra

Hyundai Motor to acquire General Motors' Telegaon plant in Maharashtra

Mon, Mar 13, 2023

The Talegaon plant is a General Motors assembly and powertrain production facility located in Talegaon, Maharashtra, India. In 2017, the facility took over vehicle production from the GM India Halol plant, which was closed.

Maruti, Hyundai market share dips in February; Tata Motors, Mahindra register gain: FADA

Maruti, Hyundai market share dips in February; Tata Motors, Mahindra register gain: FADA

Tue, Mar 07, 2023

As per the retail sales data collated by the Federation of Automobile Dealers Associations (FADA), Maruti Suzuki's retail sales last month stood at 1,18,892 units as compared with 1,09,611 units in February 2022.

Auto Expo 2023: Hyundai Ioniq 5 Launched In India; Priced At Rs 44.95 Lakh, Watch Report From Auto Expo 2023

Auto Expo 2023: Hyundai Ioniq 5 Launched In India; Priced At Rs 44.95 Lakh, Watch Report From Auto Expo 2023

Wed, Jan 11, 2023

Hyundai launched the Ioniq 5 EV at the Auto Expo today. Ioniq 5 EV is priced at Rs 44.95 Lakh. 481 km range will be available on single charge. Know complete details about the car from Ambarish Pandey.

Kia EV6 GT: High-performance electric model to be launched next week | All you need to know

Kia EV6 GT: High-performance electric model to be launched next week | All you need to know

Fri, Sep 30, 2022

Kia EV6 GT: Kia EV6 GT will be the "fastest car" among passenger vehicles manufactured in the country so far, the company said. In a move to beef up its EV lineup, the South Korean company will launch the pure electric high-performance model.

2022 Hyundai Venue N Line launch today - Key highlights

2022 Hyundai Venue N Line launch today - Key highlights

Tue, Sep 06, 2022

Hyundai Venue N Line: The new Hyundai VENUE N Line will offer a combination of exhilarating style with dynamic and sporty driving experiences to the customer, the official website claimed. The car can be booked with an initial booking amount of Rs 21,000.

Apple self-driving car: iPhone maker working on V2X technology - what it is and how it will work? Find out

Apple self-driving car: iPhone maker working on V2X technology - what it is and how it will work? Find out

Tue, Jul 26, 2022

According to a report in TheElec earlier this year, Apple partnered with a South Korean outsourced semiconductor assembly and test (OSAT) company to develop its car`s autopilot technology.

Auto Sales March 2022: Maruti, Hyundai witness dip in wholesales; Tata Motors, Kia post highest-ever sales

Auto Sales March 2022: Maruti, Hyundai witness dip in wholesales; Tata Motors, Kia post highest-ever sales

Fri, Apr 01, 2022

Maruti Suzuki and Hyundai Motor reported a decline in dispatches to dealers in March as shortage of electronic components impacted production.

Hyundai Motor buys US firm Boston Dynamics for $880 mn

Hyundai Motor buys US firm Boston Dynamics for $880 mn

Mon, Jun 21, 2021

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.

Hyundai Motor to briefly halt US plant on chip shortage, maintenance

Hyundai Motor to briefly halt US plant on chip shortage, maintenance

Mon, Jun 14, 2021

South Korea's biggest carmaker by sales said that it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance.

Renault-Nissan and Hyundai face shutdowns in India over workers' COVID fears

Renault-Nissan and Hyundai face shutdowns in India over workers' COVID fears

Mon, May 24, 2021

Automakers Renault, its alliance partner Nissan Motor Co and Hyundai Motor Co face temporary factory closures in India due to growing unrest among workers concerned about rising COVID-19 cases

Hyundai recalls 456 units of Kona over potential issues with battery system

Tue, Dec 01, 2020

Hyundai Motor India Ltd (HMIL) on Tuesday said it is recalling 456 units of its electric SUV Kona to inspect and rectify potential "electrical deficiencies" in the battery system. The company has initiated the Kona recall to inspect possible potential of certain electrical deficiencies in the high-voltage battery system of vehicles manufactured between April 1, 2019 and October 31, 2020, at no cost to customers, HMIL said in a statement.

#ShiftingGearsWithSwatiK: Recovery has been better than expectation, says Tarun Garg, Director, Hyundai Motor India

#ShiftingGearsWithSwatiK: Recovery has been better than expectation, says Tarun Garg, Director, Hyundai Motor India

Sat, Sep 19, 2020

We expect a retail growth of 15-20% in the festive season but the big if connected to it are how the CORONA pans out, is there a second wave of the pandemic or a vaccine is developed, says Tarun Garg, Director, Sales & Marketing, Hyundai Motor India.

Amid lockdown, Hyundai Motor India exports over 5,000 units

Amid lockdown, Hyundai Motor India exports over 5,000 units

Sat, May 30, 2020

Car maker Hyundai Motor India Ltd. on Saturday said it has exported over 5,000 units in May 2020 after restarting production.

Hyundai to train 10k sales consultants for its global connected tech

Hyundai to train 10k sales consultants for its global connected tech

Tue, Apr 09, 2019

The trained consultants will also visit the home of Venue buyers for feature explanation and education, he added. The company has a sales network of 491 dealers and over 1,300 service touch points.

Hyundai Motor denies tie-up with Tencent on driverless car software

Hyundai Motor denies tie-up with Tencent on driverless car software

Mon, Apr 08, 2019

South Korean automaker Hyundai Motor Co on Sunday denied a report that it had signed a preliminary deal with Chinese technology firm Tencent Holdings to develop software for driverless vehicles.

These employees just got Rs 25,200 per month pay hike!

These employees just got Rs 25,200 per month pay hike!

Mon, Mar 25, 2019

"As per the agreement, technicians will receive an average salary increase of Rs 25,200 per month spread over three years," the company said. Technicians will receive 55 per cent of the increased salary in the first year, 25 per cent in the second year and 20 per cent in the third year.

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