Page 5 - Hyundai Motor India

Used car market heads for boom post-lockdown as demand may pick up pace

The pre-owned car market is headed for a boom in the post-lockdown era as cars acquire a utilitarian value for people

Maruti, Hyundai bet on first-time car buyers with easy financing schemes

Plan to cut down payments, offer digital shopping & doorstep delivery

Covid-19 outbreak: India Inc plays safe, despite lockdown norms being eased

Demand slump, labour shortage put a damper on ramp-up

After a month of zero sales auto dealers gear up to get back into business

Manufacturers have sent out SOPs and norms dealers must follow before starting operations; Maruti and Hyundai have already opened a few outlets, others are awaiting permission

Hyundai's profit slumps 44%, its lowest first-quarter level in a decade

Net profit for January-March was $376 million, far below than expectations

Covid-19 lockdown: Labour, stockpile make carmakers delay production

Supply chain glitches and unavailability of labour also a deterrent

Hyundai plans to go ahead with new launches, doesn't see Covid-19 roadblock

Company says work-from-home has been useful; doesn't foresee any delay in launches as it awaits govt clarity on resuming operations

Hyundai Motor hands Covid-19 advanced diagnostic testing kits to ICMR

The globally proven diagnostic kits worth Rs 4 crore have been imported from South Korea

Covid-19: Hyundai & TVS also suspend manufacturing operations temporarily

Maruti and M&M had already announced suspension of manufacturing operations

Hyundai launches new Creta, gets 14,000 bookings, mostly for diesel

The Korean auto major invested around Rs 1,000 crore in the new product, which is made in India for the domestic and global markets

Hyundai February sales dip 10% to 48,910 units; exports down 22%

The company had sold 54,518 units in the same month last year

No plan to hike Kona EV prices, despite proposed custom duty hike: Hyundai

Kona Electric is currently priced at Rs 23.71 lakh (ex-showroom Delhi)

Hyundai Motor India reports 3% sales dip in January to 52,002 units

Domestic sales were down 8.3 per cent to 42,002 units as against 45,803 units in January

Maruti signals exit from diesel space; Hyundai gears up to dominate segment

From April 1, Bharat Stage (BS)-VI emission norms for automobiles will become mandatory across the country

CES 2020: Hyundai, Uber announce partnership to build flying taxis

Under the agreement, Hyundai will be responsible for the manufacture and deployment of the air vehicles, while Uber will provide logistics so that the service can operate

Hyundai Motor India opens bookings for upcoming compact sedan Aura

Hyundai Motor India Ltd (HMIL) on Friday announced opening of bookings for its upcoming compact sedan Aura. The Aura, which will be available in both petrol and diesel engine options, can be booked with a down payment of Rs 10,000 at Hyundai website and dealerships, the company said in a statement. HMIL Director - Sales, Marketing & Service, Tarun Garg said the company is beginning a new decade with the commencement of bookings for the Aura. "We are confident that Hyundai Aura will make a mark in its segment," he added. The car will be launched on January 21. It will compete with the likes of Maruti Suzuki Dzire, Honda Amaze and Ford Aspire, which are priced between Rs 5.82-9.79 lakh, in the compact sedan segment.

Hyundai Motor sales down nearly 10% to 50,135 units in December

The company said its domestic sales were at 37,953 units in December 2019 as compared to 42,093 units in the same month previous year, down 9.8 per cent

After a tough year, auto industry hopes for smooth drive from H2 2020

The government incentives to buy vehicles and steps taken to address liquidity crunch, economic growth and infrastructure spending would boost the auto industry's prospects

Hyundai eyes leveraging Chennai plant to cater to domestic, export markets

This year demand being low in the domestic market, the company increased its export volumes by asking distributor partners in various markets to take volume from India, he added.

Hyundai joins Maruti, Tata in increasing car prices from January

The increase has been necessitated on account of rise in input and material costs, Hyundai said