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  • Auto stocks snap three-day losses as Citi cites trifecta of macro tailwinds; Maruti, Hyundai rise up to 1.5%

    Citi noted that the combination of lower interest rates, tax changes and GST cuts could drive industry growth beyond its earlier projections.

  • Hyundai Motor India shares clock best day in 11 weeks to gain over 7 percent: Here are the likely triggers

    Hyundai Motor India shares clock best day in 11 weeks to gain over 7 percent: Here are the likely triggers

    Hyundai India share price: Kotak Institutional Equities maintained a 'Buy' rating on the stock, with a target price of Rs 2,050 per share. This implies an upside potential of over 10% from the stock's previous closing price.

  • Hyundai India to add hybrid to product range, plans 26 launches

    Hyundai India to add hybrid to product range, plans 26 launches

    The move puts Hyundai India in step with the local units of Toyota Motor Corp. and Suzuki Motor Corp

  • Hyundai clocks 1.27 crore cumulative sales since inception, prepares capacity expansion with Talegaon facility

    Hyundai clocks 1.27 crore cumulative sales since inception, prepares capacity expansion with Talegaon facility

    The company has invested approximately US $6 billion in India since its inception, and allocated an additional Rs 1,500 crore towards upgrading and modernizing its Chennai manufacturing facility in Sriperumbudur, Tamil Nadu, which remains the company's first integrated car manufacturing plant outside South Korea.

  • Hyundai in talks with TVS Motor to develop electric three-wheeler: Report

    Hyundai in talks with TVS Motor to develop electric three-wheeler: Report

    Hyundai, which already offers the Creta EV and other electric models, is also set to showcase its last-mile mobility concepts at the upcoming Bharat Mobility Global Expo.

  • Hyundai India announces CRETA Electric, to be offered in four variants; shares rise 2%

    Hyundai India announces CRETA Electric, to be offered in four variants; shares rise 2%

    The car will have two battery pack options: 51.4kWh (Long Range) and 42kWh offering driving range of 473 km and 390 km, respectively

  • The great Indian capital market deals party of 2024: Will the revelry continue in 2025?

    The great Indian capital market deals party of 2024: Will the revelry continue in 2025?

    It was an action-packed year of transactions with K-drama on Dalal Street, a slew of private equity funds eyeing exits from portfolio firms and new age tech making an impressive comeback

  • Carmakers to jack up prices in January 2025

    Carmakers to jack up prices in January 2025

    While some carmakers like Maruti Suzuki have stated that price adjustments will vary depending on the model, others like Hyundai, M&M, BMW are echoing similar strategies to maintain profitability

  • Geopolitical factors like Red Sea crisis impacting volumes, says Hyundai India MD

    Geopolitical factors like Red Sea crisis impacting volumes, says Hyundai India MD

    Hyundai India sold a total of 1,91,939 units of Passenger Vehicles (PVs) during Q2, out of which export volumes stood at 42,300 units. The automaker had sold a total of 2,09,777 units in the year-ago period

  • Business news highlights (October 21): Italy moves to ensure Big Tech share in costs of telecom networks rollout

    Business news highlights (October 21): Italy moves to ensure Big Tech share in costs of telecom networks rollout

    Business news highlights (October 21): Italian tech company Bending Spoons has eye on US for potential public offer

  • Business news highlights (October 18): 'Interest rate cut at this stage will be premature & very, very risky,' says RBI Governor Shaktikanta Das

    Business news highlights (October 18): 'Interest rate cut at this stage will be premature & very, very risky,' says RBI Governor Shaktikanta Das

    Business latest update today (October 18): "Corporate bond market has grown in a decade. RBI have taken a lot of measures for corporate bond market," says RBI Governor Shaktikanta Das

  • IPO-bound Hyundai India to pump in Rs 32,000 crore, raise capacity to 1.1 million units

    IPO-bound Hyundai India to pump in Rs 32,000 crore, raise capacity to 1.1 million units

    The Indian arm of the South Korean carmaker will be making investments towards capacity expansion, product and platform development, new launches, etc.

  • Hyundai India vs Maruti Suzuki: What investors can expect from mega IPO – A look at valuations, dividends and key financials

    Hyundai India vs Maruti Suzuki: What investors can expect from mega IPO – A look at valuations, dividends and key financials

    Hyundai Motor India distributed a special dividend of Rs 13,270 per share, amounting to a total payout of Rs 10,782.42 crore during FY24.

  • Get set for India's biggest ever IPO as Sebi greenlights Hyundai Motor Co's issue of around $3 bn; launch likely in October

    Get set for India's biggest ever IPO as Sebi greenlights Hyundai Motor Co's issue of around $3 bn; launch likely in October

    If the listing plans fructify, this deal, a pure OFS or offer for sale by the promoter, would be India Inc's biggest-ever IPO and beat the earlier record set by state-owned LIC's $2.7 bn listing in 2022

  • Hyundai Motor India to establish Hydrogen Innovation Centre at IIT-Madras

    Hyundai Motor India to establish Hydrogen Innovation Centre at IIT-Madras

    The investment of Rs 180 crore has been earmarked towards the development and construction of the facility.

  • Auto sales rise marginally by 3.67% to 3.40 lakh units in June

    Auto sales rise marginally by 3.67% to 3.40 lakh units in June

    While the high base effect of last year also resulted in modest growth in volumes, industry players reckon that new launches such as as Maruti Suzuki Swift, Hyundai Creta, etc., continued to contribute to incremental volumes

  • Hyundai unveils Inster e-SUV in South Korea, claims range of 355 km per charge

    Hyundai unveils Inster e-SUV in South Korea, claims range of 355 km per charge

    Hyundai Insert will launch first in South Korea this summer, followed by Europe, the Middle East, and Asia Pacific in due course

  • Hyundai India aims for yearly output of 1 million units and eyes 4 BEV rollouts over next few years

    Hyundai India aims for yearly output of 1 million units and eyes 4 BEV rollouts over next few years

    The country’s second largest carmaker also intends to deepen its localised supplier network by adopting a localisation strategy for the Talegaon plant in India.

  • Hyundai India’s royalty outgo to parent company stands at 3.5% of sales revenue, as per pre-IPO DRHP

    Hyundai India’s royalty outgo to parent company stands at 3.5% of sales revenue, as per pre-IPO DRHP

    During the April-December period of FY24, the country's second largest carmaker paid Rs 8,088.80 crore to parent company based in Seoul, as per the DRHP.

  • India's biggest IPO? Hyundai also picks Kotak, MS to finalize syndicate; eyes $2.5 bn to $3 bn raise

    India's biggest IPO? Hyundai also picks Kotak, MS to finalize syndicate; eyes $2.5 bn to $3 bn raise

    Hyundai Motor India was India's second largest carmaker after Maruti Suzuki in FY24 in terms of passenger sales volumes

  • PV sales continue on upward trajectory in February

    PV sales continue on upward trajectory in February

    During the first 11 months of this fiscal, passenger carmakers sold 38,59,000 units of sedans, utility vehicles (UVs) and hatchbacks, registering an 8.6 percent increase from 33,53,000 units during the corresponding period last year

  • Our newly-launched Exter has set the cat among the pigeons, says Hyundai Motor India COO

    Our newly-launched Exter has set the cat among the pigeons, says Hyundai Motor India COO

    On the back of the Exter and other SUVs in it stable, HMIL is confident of growing its overall sales to about 6,00,000 units in CY2023. It hopes that by then the contribution of SUVs, which is 54 percent currently, will go up to 60 percent of its total sales

  • Hyundai rolls out Exter micro-SUV at Rs 5.99 lakh, logs 11,000 bookings

    Hyundai rolls out Exter micro-SUV at Rs 5.99 lakh, logs 11,000 bookings

    The South Korean carmaker claims an ARAI-tested mileage of 19.4kmpl for the manual variant, 19.2 kmpl for the AMT and 27.1km/kg for the CNG version. While the manual trims are priced between Rs 5.99 lakh and Rs 9.31 lakh, the automatic variant is tagged at Rs 7.96 lakh. (All ex-showroom, Delhi).

  • Maruti Suzuki, Hyundai lead zoom in April car sales, fight out chip crisis

    Maruti Suzuki, Hyundai lead zoom in April car sales, fight out chip crisis

    Wholesale dispatches of passenger vehicles remained at healthy levels in April even amid concerns over moderation in demand on account of the rise in the cost of ownership, ICRA said.

  • Auto Expo 2023: Hyundai Ioniq 5 EV launched in India at an introductory price of Rs 44.95 lakh

    Auto Expo 2023: Hyundai Ioniq 5 EV launched in India at an introductory price of Rs 44.95 lakh

    Hyundai launched Ioniq 5 EV in India on January 11 at the first day of Auto Expo 2023, in the presence of their brand ambassador Shah Rukh Khan. The Ioniq 5 crossover is priced at Rs 44.95 lakh (ex-showroom) for the first 500 customers.

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