South Korean carmaker Hyundai collaborates with three IITs for batteries & electrification R&D
Dec 04, 2024, at 02:01 am
New Delhi: Hyundai Motor Group announced collaborations with three Indian Institutes of Technology (IITs) on Tuesday to develop a research framework focused on batteries and electrification.
Hyundai Motor Group appoints Jose Munoz as CEO; South Korean automaker's first-ever foreign leader
Nov 15, 2024, at 07:17 pm
Seoul/IBNS: Hyundai Motor Group has appointed Jose Munoz as its Chief Executive Officer, marking the first time a foreign national will lead the South Korean automaker.
Hyundai Motor India aims to establish itself as a global production hub amid rising demands
Nov 13, 2024, at 09:14 pm
Mumbai/IBNS: Hyundai Motor India is intensifying efforts to establish India as a key production hub for emerging markets, responding to increased domestic and export demand, the company said on Wednesday (Nov. 13).
Hyundai Motor India IPO subscribed 2x on last day of sale
Oct 17, 2024, at 08:34 pm
Mumbai/IBNS: Hyundai Motor India Ltd's (HMIL) initial public offering (IPO) saw double the subscription on its third day of bidding, with bids for 19.96 crore shares compared to the 9.98 crore shares available, according to data from the NSE at 2 pm on Thursday (Oct. 17).
Hyundai Motor IPO subscribed 42% on day 2
Oct 17, 2024, at 03:22 am
Mumbai: Hyundai Motor India's initial public offering (IPO) was 42% subscribed on the second day of bidding, October 16.
Hyundai Motor India IPO opens: Issue subscribed 10% till noon on Day 1, retail portion booked 17%
Oct 15, 2024, at 08:30 pm
Mumbai/IBNS: Hyundai Motor India’s Rs 27,870-crore initial public offering (IPO) saw a modest response on its first day, with 10 percent of the total offer being subscribed within the first two hours.
Oct 08, 2024, at 09:00 pm
Mumbai/IBNS: Hyundai Motor India is gearing up to launch its much-awaited Rs 25,000-crore initial public offering (IPO) next week, with a price range of Rs 1,865 to Rs 1,960 per share, according to a Reuters report citing sources.
Hyundai Motor India IPO gets SEBI approval, share sale likely in October: Report
Sep 25, 2024, at 07:49 pm
Mumbai/IBNS: Hyundai Motor India, a wholly-owned subsidiary of the South Korean-headquartered Hyundai Motor Company, has reportedly received approval from the Indian regulatory body for securities and commodity market, the Securities and Exchange Board of India (SEBI), to proceed with its initial public offering (IPO), reports said.
Passenger vehicle sales decline in August for second straight month
Sep 02, 2024, at 06:20 pm
New Delhi/IBNS: Sales of passenger vehicles in the local market dropped for the second straight month in August 2024, on a high base, and with car manufacturers cutting down dispatches to rationalise stocks at dealerships, reports said.
June car sales: Maruti Suzuki continues to dominate Indian car market with 40% market share
Jul 06, 2024, at 08:03 pm
New Delhi/IBNS: The Indian four-wheeler market witnessed a modest overall growth of 3.63 percent in June 2024, compared to the same month of the last year, with total car sales rising to 3,39,415 units from 3,27,539 units in June 2023, reports said.
Hyundai to liquidate 17.5% stake in Hyundai Motor India to raise up to $3 billion via IPO
Jun 14, 2024, at 10:23 pm
Mumbai: South Korean automaker Hyundai plans to reduce its 17.5 percent stake in its Indian subsidiary, Hyundai Motor India, through an initial public offering (IPO) aimed at raising between $2.5 billion and $3 billion, media reports said.
May 28, 2024, at 07:57 pm
Mumbai/IBNS: Hyundai Motor Co has also picked major investment banks Kotak Mahindra Capital and Morgan Stanley as its advisors for initial public offering (IPO) of its arm Hyundai Motor India Limited on the domestic bourses, reports said.
Hyundai India IPO: Company picks up JP Morgan, Citi, and HSBC as advisors, says report
Feb 10, 2024, at 04:21 am
Mumbai: Hyundai Motor, the South Korean automotive company, has proposed an initial public offering (IPO) for its India division. It has selected JP Morgan, Citi, and HSBC as advisors for the potential IPO, aiming to raise an estimated $3 billion to $3.5 billion, Moneycontrol reported citing various anonymous industry insiders.
Hyundai announces six airbags as standard for all models
Oct 03, 2023, at 10:04 pm
Automobile major Hyundai Motor India Limited (HMIL)on Tuesday announced three key announcements cementing HMIL’s proactive approach towards introducing safer mobility solutions for Indian customers.
Hyundai inks APA for acquiring General Motors India’s assets in Maharashtra's Talegaon Plant
Aug 17, 2023, at 05:41 am
Chennai: Automobile major Hyundai Motor India Ltd (HMIL) on Wednesday signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets of General Motors India’s (GMI) Talegaon plant in Maharashtra.
Hyundai registers cumulative sales of 65,601 units in June' 23
Jul 02, 2023, at 12:28 am
Chennai: Passenger car maker Hyundai Motor India Limited (HMIL) on Saturday announced that it has registered a total sales of 65,601 units in June 2023.
Hyundai competes with Tesla in EV segment, launches its first electric sedan with new emblem
Jul 15, 2022, at 01:52 am
Seoul/IBNS: Hyundai Motor Company on Thursday introduced its first electric sedan Ioniq 6 to compete against electric vehicle (EV) giant Tesla Inc.
Feb 08, 2022, at 10:22 pm
New Delhi/IBNS: After #BoycottHyundai started trending on Twitter over a "Solidarity with Kashmir" tweet by Hyundai's Pakistan dealership, the company in India has issued a fresh statement, stating that it doesn't comment on political or social issues in any region and the statement on Kashmir made by the independently-owned distributor in Pakistan has been removed.
#BoycottHyundai trends on Twitter over company's Kashmir post
Feb 07, 2022, at 08:08 pm
Mumbai/IBNS: #BoycottHyundai has started trending on Twitter as the Indian subsidiary of the multinational automotive manufacturer is facing public ire over a tweet by its Pakistan dealership on "Solidarity with Kashmir".
Feb 07, 2022, at 06:10 pm
Mumbai/IBNS: Hyundai India "is committed to the Indian market" and "we stand firmly for our strong ethos of respecting nationalism", the subsidiary of the multinational automotive manufacturer said in a statement after facing backlash over a tweet by its Pakistan dealership on "Solidarity with Kashmir".
Hyundai launches premium SUV Alcazar, eyes higher sales volume
Jun 19, 2021, at 01:04 am
Chennai/UNI: Passenger car maker Hyundai Motor India Limited (HMIL) today launched its 6-7 seater SUV Alcazar and is eyeing an elevation in its sales volume in the SUV segment.
Hyundai records highest ever domestic sales in November
Dec 01, 2020, at 09:35 pm
Chennai/UNI: Hyundai Motor India Limited recorded the highest ever November month Domestic sales of 48,800 units and exports of 10,400 units with cumulative sales of 59,200 units for November 2020.
All-New 2021 Hyundai Elantra and Elantra Hybrid make world premiere in Hollywood
Mar 18, 2020, at 03:46 pm
New Delhi/IBNS: Hyundai motor officially launched its all-new 2021 Elantra and Elantra Hybrid at The Lot Studios in West Hollywood with a special event today broadcast around the world. This marks the world debut of the latest version of the popular compact sedan.
Jan 21, 2020, at 09:04 pm
New Delhi/UNI: Automobile major Hyundai Motor India Ltd launched it's new Sedan car Hyundai AURA, here on Tuesday.
Hyundai announces price hike from January 2020
Dec 10, 2019, at 07:16 pm
Chennai/UNI: Passenger car maker Hyundai Motor India Limited (HMIL) today announced hike in prices of its cars from January next year.
Hyundai Venue to end 2019 with one lakh bookings
Nov 30, 2019, at 06:15 pm
Chennai/UNI: Passenger car maker Hyundai Motor India Limited (HMIL) on Saturday announced that its Super Performer Brand Hyundai Venue is all set to close the calendar year 2019 with 100,000 bookings.
Hyundai launches Grand i10 Nios at Rs 4.99 lakh
Aug 20, 2019, at 05:18 pm
New Delhi, Aug 20 (UNI) Hyundai Motor India Ltd, one of the country’s largest car makers, on Tuesday launched its new compact hatchback, the Grand i10 Nios, at a price range of Rs 4.99 lakh to Rs 7.99 lakh.
Hyundai Motor India organizes ‘Mega Experience Service Camp
Jul 23, 2019, at 03:46 pm
New Delhi, July 22 (IBNS): Hyundai Motor India Ltd, India’s First Smart Mobility Solutions Provider and largest exporter since inception, on Tuesday organized Mega ‘Experience Hyundai Camp’.
Hyundai announces price increase for Grand i10 model up to 3%
Jul 17, 2018, at 05:47 pm
Mumbai, July 17 (IBNS): Automobile giant Hyundai Motor India Ltd. (HMIL) on Tuesday announced a price increase up to 3 percent on grand i10 due to increase in input and material costs.
Hyundai announces launch of ‘The New 2018 ELITE i20’
Feb 08, 2018, at 01:44 am
New Delhi, Feb 7 (IBNS): Hyundai Motor India Limited (HMIL), the country‘s second largest manufacturer of passenger cars and the largest exporter since inception, on Wednesday launched its Super Performer Iconic Premium Compact – ‘The New 2018 ELITE i20’ that embodies Hyundai’s Modern Premium offering for the global customers.