Page 2 - Hyundai India

Govt urges auto firms to cut royalties to foreign parents: Report

Maruti Suzuki and Hyundai Motor India pay millions of dollars in royalties to parent companies in Japan and South Korea for using their technology and brands.

Covid creeping into industrial units; companies, workers face new hurdles

On Sunday, Hyundai Motor had said that in the first week of its operation, three of its employees showed mild symptoms of cough and cold and was tested positive for Covid-19

Hyundai partners with Air Liquide Medical Systems to produce ventilators

The partnership will augment the production and supply of ventilators in Tamil Nadu and other states

Hyundai expects to roll out mass market electric vehicle in 3 years

The company is also targeting export of up to 200,000 passenger cars in the year 2020. It exported 181,200 in 2019

Synergies Castings produces world's first black chrome-plated alloy wheels

Manufactured at the firm's Vizag plant, the accessories are meant for the ultra-premium car segment which has an overall market share of 3-5 per cent

Hyundai India net profit grows 21.5% in 2018-19 despite slow down

The company achieved its highest ever wholesale sales volume--of 52,001 units--in October 2018.

EV is future, but only with economy of scale: Hyundai India MD & CEO

We hope that driving Kona will change the mindset of the customer, said S S Kim

Hyundai signs wage settlement agreement with employees

The three year wage settlement will be implemented with retrospective effect from April 2018 and will remain effective until March 2021, said the company

Hyundai India MD & CEO Y K Koo steps down, Seon Seob Kim to take over

New Elantra, New Tucson, Grand i10, New 2017 Elite i20, The Next Gen Verna', 'The New 2018 CRETA', 'The All New SANTRO', among other models, were launched under his watch

Hyundai India celebrates 20-year journey with 'Brilliant Moments' campaign

The campaign is being showcased on social media, inviting owners of the Santro, Accent and i10 to share their memories of owning a Hyundai car

Hyundai to drive into new $100-mn office that will keep Delhi pollution out

Special care is being given to air purification and the building will be equipped with a three-stage HEPA air filter system

A long drive for Hyundai India: Crosses 8 million units milestone

The company achieved the landmark with the rolling out of a unit of its newly refreshed SUV Creta

Hyundai Motors sales up 5% in FY18 at 536,241 units, March sales up 9%

Exports grew by 15.1 per cent in March at 12,498 units as against 10,857 units in March 2017

Hyundai sales grows 3.6% at 56,368 in April

The carmaker said its exports during the month declined by 3.8% at 11,610 units

Hyundai India projects extra Rs 13,000-cr investment by 2022

Korean automobile major Hyundai, second biggest in the domestic car market, aims to invest $2 billion (about Rs 13,000 crore) in this country over the next five years to develop and upgrade products.It aims to expand its market share from the current 17 per cent and double domestic sales to a million vehicles annually in the next five years. It has 11 products at present, which it says needs regular refreshing. "The product life cycle is shortening. Every four years, you need to upgrade design and technology of a model, while refreshing it with minor changes every year. Every upgrade requires an investment of Rs 400-500 crore. So, every year, we need to invest Rs 1,500 crore in upgrading three products and implementing major and minor changes," Rakesh Srivastava, senior vice-president (sales and marketing), told this newspaper. Hyundai also aims to bring a new car model every year and this need an additional investment of Rs 1,000 crore annually. So, every year, up to Rs 2,500 crore ..