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Hyundai Motor News

02 Oct 2024

Hyundai's Global Sales Fall 3.7 Per Cent In September On Weak Overseas Demand

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.

17 Jun 2024

Shares Of Hyundai Motor Jump As It Files For India Unit IPO Worth $3 Billion

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.

08 Feb 2022

India summons South Korean envoy over Hyundai's Kashmir fiasco

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.”

02 Jan 2022

Tata Motors outnumbers Hyundai to become the second biggest carmaker in 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

13 Jun 2019

Hyundai and Kia to invest in self-driving startup Aurora

Aurora, which just announced a partnership with Fiat Chrysler Automobiles, competes with Alphabet`s Waymo and General Motors` majority-owned Cruise, among others.

19 Mar 2019

Hyundai, Kia to invest $300 million in Ola

As part of the strategic collaboration, the companies have agreed to co-create solutions to operate and manage fleet vehicles.

29 Oct 2018

Hyundai reshuffles executive ranks as scion drives change

Hyundai said the overhaul was part of its efforts to accelerate innovation to achieve sustainable growth.

14 Sep 2018

Hyundai releases first look of fuel cell electric truck, launching in 2019

The front grille symbolizes hydrogen through geometric shapes, giving the vehicle a unique and powerful look.

11 Jun 2018

Hyundai Motor rolls out 8 millionth car in India

Hyundai rolled out its first million car, Santro, in 2006, 8 years after commencement of commercial production in 1998.

08 Feb 2018

Auto Expo 2018: Ola, Uber fantastic, but I prefer to drive my own car, says SRK

He said that the automakers will need to ensure that the driver-less and electric cars are safe for passengers.

25 Jan 2018

Hyundai Motor Q4 net profit rises 3%, meets consensus

The world`s number 5 automaker reported a net profit of $971.61 million for the fourth quarter ended on December.

Hyundai Motor India

15 Jun 2017

Competition Commission of India imposes $13.6 million fine on Hyundai Motor's local unit

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.

Kia Motors Corp

27 Apr 2017

Kia Motors to make foray into Indian markets, to invest $1.1 billion to build first factory in Andhra Pradesh

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.

06 Apr 2017

Hyundai launches updated Elite i20 at starting price of Rs 5.36 lakh

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).

14 Nov 2016

Hyundai launches all-new Tucson priced up to Rs 24.99 lakh

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).

26 Sep 2016

Hyundai car workers start first full strike in 12 years

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.

02 May 2016

Maruti, Hyundai, Mahindra begin new fiscal with robust sales

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.

08 Apr 2016

Hyundai recalls 173,000 Sonata cars in US: Filing

Hyundai Motor Co will recall 173,000 model year 2011 Sonata cars in the US market for a potentially defective power steering system, US safety officials said in a filing on Friday

04 Mar 2016

Hyundai hikes prices of vehicles up to Rs 82,906

Hyundai Motor India Ltd (HMIL) today raised prices of its vehicles by up to Rs 82,906 across models on account of new levies announced in the Union Budget.

26 Jan 2016

Hyundai Motor posts lowest profit in five years

A strong local currency and slowing sales in the key Chinese market pummelled South Korea's Hyundai Motor in 2015, with the automaker today reporting its lowest annual profit in five years.

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