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Hyundai Motor News
Hyundai recalls 456 units of Kona over potential issues with battery system
Tue, Dec 01, 2020
Hyundai Motor India Ltd (HMIL) on Tuesday said it is recalling 456 units of its electric SUV Kona to inspect and rectify potential "electrical deficiencies" in the battery system. The company has initiated the Kona recall to inspect possible potential of certain electrical deficiencies in the high-voltage battery system of vehicles manufactured between April 1, 2019 and October 31, 2020, at no cost to customers, HMIL said in a statement.
#ShiftingGearsWithSwatiK: Recovery has been better than expectation, says Tarun Garg, Director, Hyundai Motor India
Sat, Sep 19, 2020
We expect a retail growth of 15-20% in the festive season but the big if connected to it are how the CORONA pans out, is there a second wave of the pandemic or a vaccine is developed, says Tarun Garg, Director, Sales & Marketing, Hyundai Motor India.
Amid lockdown, Hyundai Motor India exports over 5,000 units
Sat, May 30, 2020
Car maker Hyundai Motor India Ltd. on Saturday said it has exported over 5,000 units in May 2020 after restarting production.
Hyundai to train 10k sales consultants for its global connected tech
Tue, Apr 09, 2019
The trained consultants will also visit the home of Venue buyers for feature explanation and education, he added. The company has a sales network of 491 dealers and over 1,300 service touch points.
Hyundai Motor denies tie-up with Tencent on driverless car software
Mon, Apr 08, 2019
South Korean automaker Hyundai Motor Co on Sunday denied a report that it had signed a preliminary deal with Chinese technology firm Tencent Holdings to develop software for driverless vehicles.
These employees just got Rs 25,200 per month pay hike!
Mon, Mar 25, 2019
"As per the agreement, technicians will receive an average salary increase of Rs 25,200 per month spread over three years," the company said. Technicians will receive 55 per cent of the increased salary in the first year, 25 per cent in the second year and 20 per cent in the third year.
US states probe Hyundai, Kia Motors over vehicle fires
Tue, Mar 19, 2019
A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday.
Hyundai Motor in talks with investors to develop headquarters project
Sun, Mar 10, 2019
Hyundai purchased the property in southern Seoul from state-run utility Korea Electric Power Corp (KEPCO) at a record $10 billion in 2014, more than triple its appraised market price.
Hyundai Motor invests in WayRay, to develop holographic AR Navigation
Thu, Sep 20, 2018
It said that the Hyundai-WayRay collaboration will help the automaker to harnesses AR technology.
Hyundai Motor to ship China-made cars to Southeast Asia amid erratic sales recovery
Wed, Aug 29, 2018
Hyundai once ranked third by China sales alongside affiliate Kia Motors Corp. But just as it opened its fifth factory in the country last year, a diplomatic dispute saw Chinese consumers turn against South Korean goods, damaging Hyundai`s sales and brand image.
Toyota seeks India sales boost with aspirational, global-specifications models
Wed, Feb 07, 2018
Toyota`s current market share hovers around 5 percent and its two India plants operate at about half their capacity to manufacture more than 300,000 vehicles a year.
Auto Expo 2018: Hyundai to take on Maruti, launch electric vehicle
Wed, Feb 07, 2018
HMIL has decided to launch its first commercial all-electric vehicle a year before Maruti, supporting Indian government’s vision for future.
Hyundai likely to launch its electric car in India by 2019
Wed, Jan 31, 2018
India’s second largest car maker, Hyundai Motor India Pvt Ltd plans to launch its first electric car in India by 2019, a year earlier than arch rival Maruti Suzuki India Ltd plans to enter the segment, reports Livemint.
Hyundai Motor, Kia Motors flag slow sales growth in 2018
Tue, Jan 02, 2018
South Korea`s Hyundai Motor and Kia Motors on Tuesday flagged only modest sales growth in 2018, suggesting a slow recovery from a slump linked to their lack of SUVs in the United States and diplomatic tensions with China.
Maruti becomes No. 1 exporter of passenger vehicles from India, Hyudai ranks 4th
Sun, Oct 22, 2017
Maruti Suzuki India has become the largest passenger vehicles exporter from India in the first half of the ongoing fiscal, dethroning Hyundai Motor India Ltd which has now been pushed to fourth spot behind Volkswagen and General Motors.
Competition Commission slaps Rs 87 crore penalty on Hyundai for anti-competitive conduct
Wed, Jun 14, 2017
Maruti Suzuki dominates domestic car sales but struggles in exports
Tue, Jun 06, 2017
Maruti Suzuki aims to be the leading passenger vehicle exporter from India but its export sales continue to remain volatile. In 2016 it even lost its second place spot to Ford India which saw huge rise in exports.
Auto CEOs want Trump to order review of 2025 fuel rules
Mon, Feb 13, 2017
The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025.
Hyundai Motor fourth-quarter profit skids 39% as steep discounts hurt
Wed, Jan 25, 2017
Hyundai Motor, the world`s fifth-biggest automaker along with affiliate Kia Motors Corp, reported an October-December net profit of 1 trillion won ($858.07 million), below the 1.5 trillion won average estimate of 14 analysts polled by Thomson Reuters I/B/E/S.