Page 5 - Hyundai

Hyundai's latest and smallest SUV, Bayon, set for global launch today

Not musch is known about the SUV, but leaked images present online have fuelled speculation of an all-black themed interior

Hyundai sales jump 26% in February at 61,800 units, domestic sale up 29%

Hyundai Motor India Ltd (HMIL) on Monday reported a 26.4 per cent increase in total sales at 61,800 units in February. The company had sold 48,910 units in the same month last year, HMIL said in a statement. Domestic sales were up 29 per cent to 51,600 units as against 40,010 units in February 2020, the company added. Exports increased by 14.6 per cent to 10, 200 units in February as compared with 8,900 units in the same month of 2020. "The company has been consistently striving to drive a resurgence in sales, thereby contributing towards economic recovery and bringing the industry closer to pre-Covid level sales. With a cumulative sales of 61 800 units in February 2021, Hyundai has recorded growth across segments," HMIL Director (Sales, Marketing & Service) Tarun Garg said. Both domestic and export demand have recorded healthy double digit growth last month, reflecting an all-round improvement in buyer sentiment, he added.

Hyundai bought chips when rivals didn't; its assembly lines keep rolling

The South Korean automaker kept buying chips even as rivals cut orders to reflect diminished demand because of the pandemic

Hyundai's $900 million recall is a cautionary tale for all EV makers

There's too great a rush to get electric cars to the market. Development must be tempered by care for consumer safety and thought for the consequences to a company's bottom line

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 to strengthen SUV lineup in India, vertical continues to outshine

The company led the SUV space in the country with sales of 1.8 lakh units in 2020. It sells models like Venue, Creta and Tucson in the market

Hyundai, Kia say they're not in talks with Apple on autonomous cars

Hyundai Motor Co said it is not in talks with Apple on autonomous electric vehicles, sending its shares skidding a month after it said it was in early-stage talks on cars with the tech giant

Samsung, Hyundai, Daewoo prepare for Petrobras oil platform tender: Report

The competition marks Petrobras' comeback as a key customer for Asian shipyards

Hyundai Motor fourth-quarter profit rises 57% on demand for SUVs, Genesis

Hyundai, which together with affiliate Kia Corp is among the world's top 10 automakers, reported a net profit of 1.3 trillion won

Hyundai makes a 'Smartivity' move to take on rivals in SUV market

The car-maker grew market share marginally, thanks to an early focus on 'smart mobility' but it's in the competitive and fast-growing SUV market that this strategy will be truly tested

Hyundai invests in startup UVeye for automated vehicle inspection system

The Tel Aviv-based UVeye said it has raised more than $40 million from Hyundai Motor and other strategic investors since its launch four years ago

Family behind Hyundai just made $2 billion on Apple collaboration report

Friday was also a good day for South Korea's richest person

Hyundai says in early talks with Apple after electric vehicle tieup report

Hyundai and Apple already work together on CarPlay, Apple's software for connecting iPhones to vehicles from a variety of automakers

Axis Bank, Hyundai partner to offer smart financial solutions digitally

Axis Bank announced its partnership with Hyundai to offer the auto retail financing solutions to its customers

Fatal incident halts Hyundai's South Korean factory after retooling

Hyundai Motor Group Chairman Euisun Chung expressed deep condolences in a New Year's message on Monday

Demand, dip in market share, profit margin weigh on Maruti Suzuki

Valuations factor in the volume rebound, leaving little upside from the current levels

Australia a key market, Ola says amid reports of reduced operations

At a time when Covid-19 is pounding the transportation industry, it has been reported that Ola has closed local driver offices in Australia and suspended personal accident insurance for drivers there

Hyundai, Kia agree to $210 million US auto safety civil penalty

The settlement covers recalls in 2015 and 2017 for manufacturing issues that could lead to bearing wear and engine failure

Hyundai expects demand surge to continue till March: MD & CEO S S Kim

Festive season demand drove four-wheeler and two-wheeler sales to a record high in October