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Hyundai Motors News
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
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
Thu, Apr 18, 2019
South Korean automaker Hyundai Motor Co on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.
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
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
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!
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
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
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
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
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
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
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
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
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
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
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
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
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.