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Hyundai Motors

Self-driving car: Hyundai Motor Group, Aptiv join hands to set up $4bn venture

Self-driving car: Hyundai Motor Group, Aptiv join hands to set up $4bn venture

Tue, Sep 24, 2019

Hyundai Motor, Kia Motors and Hyundai Mobis will collectively contribute $1.6 billion in cash and $400 million in research and development resources and others, valuing the joint venture $4 billion, Hyundai Group and Aptiv said in a joint statement.

Hyundai and Kia to invest in self-driving car software start-up Aurora

Hyundai and Kia to invest in self-driving car software start-up Aurora

Thu, Jun 13, 2019

Hyundai Motor Co said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up the development of autonomous vehicle technologies.

Hyundai Motor appoints former Nissan executive Jose Munoz as new COO

Hyundai Motor appoints former Nissan executive Jose Munoz as new COO

Thu, Apr 18, 2019

South Korean automaker Hyundai Motor Co on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.

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Hyundai Motor shareholders vote against Elliott Management's dividend payout proposal

Hyundai Motor shareholders vote against Elliott Management's dividend payout proposal

Fri, Mar 22, 2019

Elliott Management had called for a hefty special dividend and a board shake-up at Hyundai Motor Group to address its "poor governance" and "excess cash".

Biggest investment ever! Hyundai, Kia invest over Rs 2,000 crore in Ola - From India-specific EVs to infra, all details here

Biggest investment ever! Hyundai, Kia invest over Rs 2,000 crore in Ola - From India-specific EVs to infra, all details here

Wed, Mar 20, 2019

In their single biggest investment ever, Hyundai Motor Co and its affiliate Kia Motors Corp on Tuesday announced an investment of Rs 2,068 crore ($300 million) in India's leading ride-hailing cab aggregator Ola.

From Maruti Suzuki, Mahindra, Honda, Hyundai to Tata Motors, cars worth over Rs 7500 crore sold in a month

From Maruti Suzuki, Mahindra, Honda, Hyundai to Tata Motors, cars worth over Rs 7500 crore sold in a month

Sat, Mar 02, 2019

Car sales in India (February 2019): Top car makers including Maruti Suzuki India, Honda Cars, Mahindra & Mahindra, Tata Motors and Hyundai have reported a total combined sale of over 2.5 lakh cars in February 2019.

Don't make this down payment, don't pay this tax either, but get Hyundai, Maruti, Mahindra car!

Don't make this down payment, don't pay this tax either, but get Hyundai, Maruti, Mahindra car!

Wed, Nov 28, 2018

Revv, a Delhi-NCR based shared mobility platform, has launched “OPEN”, which allows you to own a car without making any commitments or going through the hassles of ownership.

From massive setback, Hyundai India moves to big relief in Rs 87 crore case

From massive setback, Hyundai India moves to big relief in Rs 87 crore case

Thu, Sep 20, 2018

The NCLAT Wednesday set aside an order of fair trade regulator CCI imposing an Rs 87 crore fine on Hyundai Motor India for allegedly adopting unfair business ways with respect to discounts for passenger cars.

Kia Motors says to invest $1.1 billion to build first Indian factory

Kia Motors says to invest $1.1 billion to build first Indian factory

Thu, Apr 27, 2017

South Korean carmaker Kia Motors Corp said it plans to sign a deal on Thursday to invest about $1.1 billion to build its first factory in India, aiming to tap a fast growing market at a time when its China sales are sagging.

Kia Motors' hatchback, sedans have a tough road ahead in the Indian market

Kia Motors' hatchback, sedans have a tough road ahead in the Indian market

Wed, Apr 19, 2017

Car companies such as Datsun, Fiat, Nissan, Skoda, Chevrolet and Volkswagen have had little success in the sedan and hatchback segments.

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Hyundai Motor to boost U.S. investment as automakers respond to Trump

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.

Hyundai, Kia aim to grow sales to 8.25 million vehicles globally in 2017

Hyundai, Kia aim to grow sales to 8.25 million vehicles globally in 2017

Mon, Jan 02, 2017

Hyundai Motor shares were flat in a wider market that was down 0.4% in early morning trade, while Kia Motors shares were down 0.3%

Indian automobile producers post healthy sales for July

Indian automobile producers post healthy sales for July

Mon, Aug 01, 2016

Indian automobile manufacturers saw higher sales in July with industry experts attributing the acceleration in demand to good monsoon and positive consumer sentiments.

Hyundai, Kia Motors plans to launch 3 low-cost SUVs in China

Hyundai, Kia Motors plans to launch 3 low-cost SUVs in China

Thu, May 12, 2016

Hyundai plans to build a compact, no-frills SUV at its planned factory in Changzhou starting in November 2017.

Hyundai sales up nearly 6% in April on strong growth of Creta, Elite i20, Grand

Hyundai sales up nearly 6% in April on strong growth of Creta, Elite i20, Grand

Mon, May 02, 2016

Hyundai sold 42,351 units last month, up 9.7%, compared with 38,601 units a year ago

Hyundai launches petrol variant for Creta automatic at Rs 12.9 lakh

Hyundai launches petrol variant for Creta automatic at Rs 12.9 lakh

Tue, Apr 26, 2016

The company already offers automatic transmission for the diesel option of the Creta priced at Rs 14.5 lakh (ex-showroom Delhi).

Hyundai Motor's net profit drops for 9th consecutive quarter; reports 12% fall

Hyundai Motor's net profit drops for 9th consecutive quarter; reports 12% fall

Tue, Apr 26, 2016

The company's sales dipped heavily in China and took a toll on its net profit for Q1

Hyundai to increase Creta production by 20% to meet rising demand

Hyundai to increase Creta production by 20% to meet rising demand

Wed, Apr 20, 2016

Hyundai is planning to increase the production to 12,000 units from June this year

Hyundai eyes top slot in premium segment with 2 more launches

Hyundai eyes top slot in premium segment with 2 more launches

Tue, Apr 05, 2016

"Creta has become the highest selling product in the above Rs 10 lakh category in India. We have been well accepted and now we would like to have a leading position in the Rs 10 lakh to Rs 20 lakh price point," Hyundai Motor India Ltd (HMIL) Senior Vice President Sales and Marketing Rakesh Srivastava told PTI.

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