Seoul: Seoul shares tumbled nearly 2 per cent on Thursday as risk appetite weakened after the U.S. Federal Reserve hinted at a slower monetary easing cycle next year and U.S. tech giant Micron Technology’s sharp losses overnight. The benchmark Korea Composite Stock Price Index (KOSPI) plummeted 48.5 points, or 1.95 percent, to close at 2,435.93. … Read more
Hyundai Motor on Thursday announced that it would increase prices across model range effective from January 1, 2025. The move comes because of an increase in input costs, adverse exchange rate and increase in logistics costs, said the carmaker in an exchange release. Commenting on the development, Tarun Garg, Whole-time Director and Chief Operating Officer, … Read more
Hyundai Motor India Ltd on Tuesday said it has received a show cause notice with demand of over Rs 5 crore, including interest, from Maharashtra State Tax Authority for alleged excess input tax credit claim. In a regulatory filing, Hyundai Motor India Ltd (HMIL) said on Monday, November 25, it received show cause notice from … Read more
Home Car And Bike Hyundai Motor India to Set Up Renewable Energy Plants in Tamil Nadu Hyundai Motor India Limited (HMIL) is taking a significant step toward sustainable manufacturing by planning two renewable energy facilities in Tamil Nadu. New Delhi– Hyundai Motor India Limited (HMIL) is taking a significant step toward sustainable manufacturing by planning … Read more
Seoul: Hyundai Motor Group has outperformed Volkswagen Group to become the world’s second-largest automaker in terms of operating profit, industry data showed on Thursday. According to automotive industry data, Hyundai Motor Group achieved sales of 69.4 trillion won ($49.6 billion) and an operating profit of 6.5 trillion won during the third quarter. For the period … Read more
Image: Hyundai Hyundai revealed the Seven concept back in 2021, a large three-row electric SUV that it promised would be revealed in production form in 2024. Well, now we’re almost done with 2024, and that day is almost here. Hyundai released the first teaser for its new Ioniq 9 that will be debuting next month … Read more
Hyundai Motor India (Photo: Shahrukh Shah/ News18) Hyundai Motor India had a weak debut on Tuesday, opening at Rs 1,934 on the NSE, a discount of 1.3%; What should investors do now? Shares of Hyundai Motor India Ltd staged a recovery in Wednesday’s trade following a tepid stock market debut during the previous session. The … Read more
Chennai, Hyundai Motor India, the subsidiary of Korean auto major Hyundai, has submitted the pre-feasibility report to take up revamping and modernisation of its facility in Tamil Nadu at an outlay of Rs 1,500 crore. The expansion at the existing facility at Irungattukottai near here would create an additional 155 new jobs and the plant … Read more
Are you planning to buy a car this festive season? Over the past couple of months, car sales have been on a downward trend. But automakers are banking on some hefty discounts and enticing promotional offers tied to the festive season to finally shift those sales into high gear. The Indian automobile market, once driven … Read more
Hyundai Motor, long the most successful foreign automaker on Indian roads, is hoping to regain market share from increasingly formidable domestic rivals by launching a series of new SUVs as it gears up for a $3 billion public listing in the country. The SUV rollout will begin with its first India-made electric vehicle early next … Read more
