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Tamil Nadu in $4.4 billion deals with Apple suppliers, other investors

Tamil Nadu in $4.4 billion deals with Apple suppliers, other investors

Mon, Jan 08, 2024

Tata Electronics, a part of the Indian conglomerate, committed to invest 120.8 billion rupees for mobile phone assembly operations, the state government said during the signing of the agreements.

Hyundai Motors, Maruti Suzuki top list of carmakers in terms of dealer satisfaction: Industry body FADA

Hyundai Motors, Maruti Suzuki top list of carmakers in terms of dealer satisfaction: Industry body FADA

Wed, Sep 20, 2023

At the aggregate industry level, the average dealer satisfaction score increased to 767 in 2023, higher by 48 points compared with the previous year, according to the survey.

Maruti, Hyundai see drop in retail sale market share last fiscal: FADA

Maruti, Hyundai see drop in retail sale market share last fiscal: FADA

Tue, Apr 18, 2023

Passenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers' body FADA.

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Hyundai Motor India launches new Grand i10 NIOS at Rs 5.68 lakh

Hyundai Motor India launches new Grand i10 NIOS at Rs 5.68 lakh

Fri, Jan 20, 2023

The car comes with three powertrain options -- 1.2-litre petrol with 5 speed manual transmission; 1.2 litre petrol with automated manual transmission and 1.2-litre petrol and CNG with 5 speed manual transmission, Hyundai Motor India Ltd (HMIL) said.

Hyundai Ioniq 6: Hyundai Motor launches first electric sedan, Check details

Hyundai Ioniq 6: Hyundai Motor launches first electric sedan, Check details

Thu, Jul 14, 2022

Hyundai Ioniq 6: Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is betting will help it grab a bigger share of the electric vehicle (EV) market dominated by Tesla Inc.

Hyundai Motor to invest 300 million won in Alabama EV plant

Hyundai Motor to invest 300 million won in Alabama EV plant

Thu, Apr 14, 2022

Hyundai Motor will invest USD 300 million (about 360 billion won) in its US Alabama plant to produce Santa Fe hybrid and Genesis Electrified GV70 models.

Hyundai Motor's Q3 profit misses estimates as chip shortage takes a toll

Hyundai Motor's Q3 profit misses estimates as chip shortage takes a toll

Tue, Oct 26, 2021

South Korea`s Hyundai Motor Co slightly missed analysts` profit estimates as the global chip crisis drove down vehicle shipments and it said it expects it will take a long time to get back to normal chip supplies.

Hyundai to raise EV ratio to 80% by 2040, to gradually replace its product lineup with hydrogen or battery-powered models

Hyundai to raise EV ratio to 80% by 2040, to gradually replace its product lineup with hydrogen or battery-powered models

Tue, Sep 07, 2021

Hyundai Motor will raise the ratio of electric vehicles to 80 percent by 2040 in global sales. To achieve the aim, the carmaker will gradually replace its product lineup sold in Europe with hydrogen or battery-powered models by 2035 and in other major markets by 2040.

Hyundai, Kia AND Apple Inc - what is brewing between these companies for developing autonomous cars? See claims and counterclaims

Hyundai, Kia AND Apple Inc - what is brewing between these companies for developing autonomous cars? See claims and counterclaims

Mon, Feb 08, 2021

South Korea`s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric vehicles, sending the automaker`s shares skidding a month after it said it was in early-stage talks on cars with the tech giant

Self-driving car: Hyundai Motor Group, Aptiv join hands to set up $4bn venture

Self-driving car: Hyundai Motor Group, Aptiv join hands to set up $4bn venture

Tue, Sep 24, 2019

Hyundai Motor, Kia Motors and Hyundai Mobis will collectively contribute $1.6 billion in cash and $400 million in research and development resources and others, valuing the joint venture $4 billion, Hyundai Group and Aptiv said in a joint statement.

Hyundai and Kia to invest in self-driving car software start-up Aurora

Hyundai and Kia to invest in self-driving car software start-up Aurora

Thu, Jun 13, 2019

Hyundai Motor Co said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up the development of autonomous vehicle technologies.

Hyundai Motor appoints former Nissan executive Jose Munoz as new COO

Hyundai Motor appoints former Nissan executive Jose Munoz as new COO

Thu, Apr 18, 2019

South Korean automaker Hyundai Motor Co on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.

Hyundai Motor shareholders vote against Elliott Management's dividend payout proposal

Hyundai Motor shareholders vote against Elliott Management's dividend payout proposal

Fri, Mar 22, 2019

Elliott Management had called for a hefty special dividend and a board shake-up at Hyundai Motor Group to address its "poor governance" and "excess cash".

Biggest investment ever! Hyundai, Kia invest over Rs 2,000 crore in Ola - From India-specific EVs to infra, all details here

Biggest investment ever! Hyundai, Kia invest over Rs 2,000 crore in Ola - From India-specific EVs to infra, all details here

Wed, Mar 20, 2019

In their single biggest investment ever, Hyundai Motor Co and its affiliate Kia Motors Corp on Tuesday announced an investment of Rs 2,068 crore ($300 million) in India's leading ride-hailing cab aggregator Ola.

From Maruti Suzuki, Mahindra, Honda, Hyundai to Tata Motors, cars worth over Rs 7500 crore sold in a month

From Maruti Suzuki, Mahindra, Honda, Hyundai to Tata Motors, cars worth over Rs 7500 crore sold in a month

Sat, Mar 02, 2019

Car sales in India (February 2019): Top car makers including Maruti Suzuki India, Honda Cars, Mahindra & Mahindra, Tata Motors and Hyundai have reported a total combined sale of over 2.5 lakh cars in February 2019.

Don't make this down payment, don't pay this tax either, but get Hyundai, Maruti, Mahindra car!

Don't make this down payment, don't pay this tax either, but get Hyundai, Maruti, Mahindra car!

Wed, Nov 28, 2018

Revv, a Delhi-NCR based shared mobility platform, has launched “OPEN”, which allows you to own a car without making any commitments or going through the hassles of ownership.

From massive setback, Hyundai India moves to big relief in Rs 87 crore case

From massive setback, Hyundai India moves to big relief in Rs 87 crore case

Thu, Sep 20, 2018

The NCLAT Wednesday set aside an order of fair trade regulator CCI imposing an Rs 87 crore fine on Hyundai Motor India for allegedly adopting unfair business ways with respect to discounts for passenger cars.

Kia Motors says to invest $1.1 billion to build first Indian factory

Kia Motors says to invest $1.1 billion to build first Indian factory

Thu, Apr 27, 2017

South Korean carmaker Kia Motors Corp said it plans to sign a deal on Thursday to invest about $1.1 billion to build its first factory in India, aiming to tap a fast growing market at a time when its China sales are sagging.

Kia Motors' hatchback, sedans have a tough road ahead in the Indian market

Kia Motors' hatchback, sedans have a tough road ahead in the Indian market

Wed, Apr 19, 2017

Car companies such as Datsun, Fiat, Nissan, Skoda, Chevrolet and Volkswagen have had little success in the sedan and hatchback segments.

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Tue, Jan 17, 2017

The Hyundai Motor Group said it plans to boost U.S. investment by 50 percent to $3.1 billion over five years and may build a new U.S. factory - the latest auto firm to announce fresh investment after threats from President-elect Donald Trump to tax imports.

Hyundai, Kia aim to grow sales to 8.25 million vehicles globally in 2017

Hyundai, Kia aim to grow sales to 8.25 million vehicles globally in 2017

Mon, Jan 02, 2017

Hyundai Motor shares were flat in a wider market that was down 0.4% in early morning trade, while Kia Motors shares were down 0.3%

Indian automobile producers post healthy sales for July

Indian automobile producers post healthy sales for July

Mon, Aug 01, 2016

Indian automobile manufacturers saw higher sales in July with industry experts attributing the acceleration in demand to good monsoon and positive consumer sentiments.

Hyundai, Kia Motors plans to launch 3 low-cost SUVs in China

Hyundai, Kia Motors plans to launch 3 low-cost SUVs in China

Thu, May 12, 2016

Hyundai plans to build a compact, no-frills SUV at its planned factory in Changzhou starting in November 2017.

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