Page 2 - Hyundai Motor

Hyundai brings N Line to India; 1st model under N badge to debut this yr

South Korean auto major Hyundai on Monday said it is introducing its performance oriented N Line brand in the Indian market. The auto major noted that the N Line models would offer customers motorsport inspired styling cues that evoke excitement and athleticism. The company said it plans to launch the first model under the N badge this year, followed by additional model launches over the next few years. "The introduction of our N Line range to India, will induce sporty experiences like never before, making every drive a fun experience with products that personify excitement and athleticism," Hyundai Motor India Ltd MD and CEO SS Kim said in a statement. As an organisation committed to India, the company has been introducing superior products and services for customers, he added. "With N Line, Hyundai Motor India will continue to challenge new boundaries and introduce new cars that amplify the aspirations and personalities of new age Millennial and Gen Z buyers," Kim noted. The co

Hyundai Motor Q2 net profit soars, expects chip shortage to ease

Hyundai Motor Co turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin SUVs and its premium Genesis cars

Hyundai, Kia expected to log sharp rebound in operating profit in Q2

Hyundai Motor and its affiliate Kia are set to report a sharp rebound in operating profit for second quarter on strong demand for their vehicles that offset output disruptions by chip shortages

Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company

Solid Energy and General Motors are planning to construct a lithium metal battery test production plant near Boston by 2023, and will commercialise it in 2025.

Hyundai Motor Group chases local chipmakers to cut exposure to shortage

Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd

Hyundai to halt US plant for three weeks on chip shortage, maintenance

Hyundai Motor, South Korea's biggest carmaker by sales, said on Monday it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance

Hyundai Motor India's total sales decline 8% to 59,203 units in April

Domestic sales stood at 49,002 units, while exports were at 10,201 units last month, the company said

Hyundai Motor Company to close for a week due to semiconductor crisis

As the global automobile industry began to cut production due to the lack of automotive semiconductors, Hyundai Motor Company was also unable to avoid production disruptions

Hyundai Motor to recall Kona EV and other electric vehicles in South Korea

"Hyundai Motor has decided to replace the battery cells of its three electric vehicle models," the Korea Times reported

Hyundai unveils Ioniq 5 electric crossover, expects EV demand jump

The company says the model is based on a new electric vehicle-only platform that uses its own battery module technology and requires fewer components than Hyundai's existing electric cars

Hyundai Motor wrestles with the risks of embracing Apple: Report

Apple has never acknowledged talks with the automaker about building vehicles, and it was unclear whether any such talks are still active

Apple, Hyundai set to sign deal on electric car by March, says report

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the United States, local newspaper Korea IT News reported

Hyundai Motor sparks confusion over electric car tie-up with Apple

Korean firm said it was in talks with the tech titan, before backtracking

Hyundai chairman, Group to buy Boston Dynamics from SoftBank for $1.1 bn

The South Korean automaker group said on Friday the purchase would help it expand automation in its vehicle factories and design autonomous cars, drones and robots

Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it

Ratcliffe's Ineos Group will explore opportunities to produce and supply hydrogen to Hyundai, which has been making fuel cell vehicles in low volumes since 2013

Maruti, Hyundai Motor report double digit sales growth in October

Maruti Suzuki India and Hyundai Motor India posted double digit growth in October wholesales on the back of pent up demand and improved buying sentiment in the festive season. Honda Cars India, Toyota Kirloskar Motor and Mahindra & Mahindra also reported growth in domestic passenger vehicle sales last month. The country's largest carmaker Maruti Suzuki India (MSI) said its sales increased by 19.8 per cent in the domestic market last month to 1,72,862 units compared with 1,44,277 units in October 2019. The company's sales of mini cars, comprising Alto and S-Presso, declined marginally to 28,462 units as compared to 28,537 units in the same month last year, the auto major said. However, compact car sales, which includes models such as Swift, Celerio, Ignis, Baleno and Dzire, increased by 19.2 per cent to 95,067 units as against 75,094 cars in October last year. Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, also rose 9.9 per cent to 25,396 units as compared ...

Hyundai misses mkt estimates, posts qtrly loss as engine snag hit earnings

The automaker said it booked 2.1 trillion won to cover charges related to engine defects that increased the risk of stalling and fire

Hyundai Motor to invest Rs 150 crore in new training centre near Chennai

The facility will serve as an incubation centre for skill enhancement and will focus on human-centric innovations and mobility solutions

Hyundai Motor heir takes over from father after 20 years in waiting

In the first generational handover at the South Korean automobile giant in 20 years, Chung, 49, said he hoped to lead change at South Korea's second-biggest conglomerate

Hyundai Motor Group heir apparent Euisun Chung appointed as chairman

Euisun Chung has played an increasingly visible leadership role since September 2018 when he was promoted to executive vice chairman