Fri, Jan 19, 2024
The country's second-largest carmaker also announced that it will invest Rs 6,000 crore in Maharashtra as part of an agreement inked between the company and the state government in Davos.
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Mon, Jan 08, 2024
Hyundai Motor news: The fresh investment by Hyundai Motor India is in addition to the Rs 20,000 crore it plans to deploy over a period of ten years (2023- 2032) to augment its efforts in electric vehicle manufacturing, charging infrastructure and skill development.
Thu, Dec 07, 2023
The company which offers vehicles priced between Rs 5.84 lakh and Rs 45.95 lakh, did not specify the exact percentage of the price increase, the adjustment is slated to take effect from January 1, 2024
Tue, Mar 07, 2017
Maruti Suzuki was followed by Hyundai and Honda Cars as the most reputed brands in automobile.
Wed, Mar 01, 2017
Except for Mahindra, which posted a small decline in sales, a majority of car makers posted double-digit growth during the month of February.
Mon, Feb 20, 2017
The Russian market is "starting to turn", Ford CEO Mark Fields told Reuters last week, promising to stand by the company`s investments in Russia. "Our intent is to build on that."
Thu, Feb 16, 2017
Droom's latest annual consumer survey has revealed Maruti Suzuki Swift as the winner of the most popular car among its customers in 2016.
Fri, Feb 10, 2017
Despite SIAM showing a recovery in passenger vehicle sales in January, a closer look shows the recovery is only for the top 5 car makers in India.
Mon, Feb 06, 2017
The new 2017 Grand i10 comes with hi-tech features and improved performance and fuel efficiency.
Fri, Feb 03, 2017
This growth of cars was driven primarily by new launches from these companies which pushed their sales despite the tough economic scenario.
Thu, Jan 19, 2017
The rising cost of raw materials had put pressures on the balance sheets of automobile companies, as many chose to bear it themselves with demonetisation hitting sales.
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.
Mon, Jan 16, 2017
Luxury cars priced under Rs 25 lakh saw a over 230% growth in sales in December compared to the same month last year.
Thu, Jan 05, 2017
Many automakers are planning for autonomous vehicles but O'Brien says Hyundai "can deliver at an affordable price point" for the average consumer.
While automobile companies battling with demonetisation at the end of 2016 till currently, there are other roadblocks such as GST, emission norms, etc. which can bring the auto industry to grinding halt.
Mon, Jan 02, 2017
Reflecting challenges faced by automobile industry in the wake of demonetisation, auto majors Hyundai Motor India, Mahindra & Mahindra and Ford India today reported decline in their domestic sales in December.
Tue, Dec 27, 2016
Carmakers across the board have issued statements of price hikes beginning January 1, 2017. Moreover, they are offering great discounts and offers on cars if bought in December 2016 itself.
Mon, Dec 05, 2016
Toyota announced a 3% rise in its prices by January 1, 2017.
Wed, Nov 30, 2016
South Korea is to ban sales of some cars made by Porsche, BMW and Nissan, and fine the companies over $5 million as a probe into emissions documentation widens.
Mon, Nov 21, 2016
It is not only Ford and Maruti Suzuki, but several automakers in India have taken to making India as an export hub for their cars.
Fri, Nov 04, 2016
October last year, even with a 'drought' year, saw Maruti Suzuki's sales increase by 25%, Hyundai's by 35.6%, while M&M saw a 20% rise in its October sales from the same period of 2014.
Thu, Nov 03, 2016
India's largest carmaker Maruti Suzuki said that its October sales rose by a mere 2.2%. The second largest automobile company in the country, Hyundai Motor, reported only 6.4% growth in its October domestic sales numbers.
Tue, Nov 01, 2016
Volkswagen said that its sales shot up by 70% in October 2016 as the company launched 'made-for-India' Ameo is the reason for the this high growth in sales during the festive period.
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