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
Telangana Chief Minister Revanth Reddy, accompanied by IT and Industries Minister Sridhar Babu, met with officials of Hyundai Motor in South Korea’s Seoul on Monday to attract investments for boosting the state’s economy. During the meeting, CM Reddy said, “Telangana state government has actively been focussing on major investment opportunities by global giants. Hyundai Motor … Read more
Home Car And Bike Hyundai Motor India Foundation Onboards 20 Para-Athletes Under Samarth Para-Sports Programme Hyundai Motor India Foundation onboarded 20 para-athletes for a period of three years under its ‘Samarth Para-Sports Programme’. Hyundai Motor India Foundation Onboards 20 Para-Athletes Under Samarth Para-Sports Programm Hyundai Motor India Foundation (HMIF) onboarded a total of 20 para-athletes … Read more
India’s equity frenzy has attracted a global biggie which wants to ride on the high investor sentiment. Hyundai Motor India Ltd. (HMIL), the country’s second-largest car maker, is coming out with a Rs 25,000 crore IPO, which could be India’s biggest ever, in the next four to six months and will see the South Korean … Read more
Mumbai: Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO to raise around $3 billion (Rs 25,000 crore). “The objects of the offer are to carry out the Offer for … Read more
