NEW DELHI: Hyundai Motor India expects sales contribution from rural areas to remain at record levels in the current fiscal as well on account of various factors including anticipation of a favourable monsoon, according to a senior company executive. The country’s second-largest automaker, which sells models like Creta and Venue, reported 11 per cent growth … Read more
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23. Commenting on the drop in overseas shipments last fiscal, SIAM … Read more
Car sales in the local market in the last financial year grew by nearly 9% to a record 4.23 million units amid improved supplies and sustained customer demand, cementing India’s position as the third largest market for passenger vehicles in the world. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to … Read more
Passenger vehicle sales in India reached a new high for February last month amid better supplies and strong consumer demand, making it the fourteenth straight month of best monthly sales, data from industry body Society of Indian Automobile Manufacturers (Siam) showed. Two-wheeler sales zoomed 35% on year, but fell short of the monthly record set … Read more
Korean auto major Hyundai said it will continue to make strategic investments towards increasing production capacity, setting up new manufacturing units, introducing new products and technologies to strengthen its presence in the Indian market. Unsoo Kim, Managing Director, Hyundai Motor India, said, India is a “focal” market for the company. “As we look forward to … Read more
Last Updated: March 05, 2024, 10:06 IST Tata Motors Surpasses Hyundai Motor In Domestic PV Sales In February 2024. Tata Motors emerges as a formidable contender in India’s auto industry, securing 2nd place in PV sales, surpassing Hyundai domestically. Tata Motors looks to be on the course of becoming a supreme force in the Indian … Read more
Last Updated: February 29, 2024, 18:20 IST Hyundai India Targets RE100 Benchmark With 100 Percent Renewable Energy By 2025. (Photo: Hyundai) The company has also significantly reduced hazardous waste by 19.4 percent and non-hazardous waste by 14.3 percent over the last five years. Hyundai Motor India has announced its goal to achieve 100 percent renewable … Read more
Home Car And Bike Hyundai Launches New CRETA; Specs, Features, Other Details Inside The new Hyundai CRETA retains the unmistakable silhouette when viewed from the side. The body structure has been further reinforced on key areas like crash members, floor, side sill, and crash pad to improve structural rigidity and energy absorption. Hyundai New CRETA: … Read more
Automobile shipments from India declined 21 per cent last year as many overseas markets continued to face monetary and geopolitical crises, as per the latest SIAM data. Overall exports stood at 42,85,809 units last year compared to 52,04,966 units in 2022. Passenger vehicle shipments rose 5 per cent to 6,77,956 units last year from 6,44,842 … Read more
Chennai: Hyundai Motor India has roped in popular Bollywood actress Deepika Padukone as its brand ambassador, the Korean automaker said on Friday. Her association adds a touch of star power, emphasising Hyundai’s commitment to style, performance and an unparalleled driving experience, the company said in a statement. “We are thrilled to onboard the incredibly talented, … Read more
