While car market leader Maruti has seven of its models in the list, rival Hyundai Motor India has three of its models in the top ten selling list of last month.
The manufacturing facility, which is expected to create over 650 jobs, will be at the site of a $5.2 billion shipyard which Aramco and partners plan to build at Ras Al Khair on Saudi Arabia's east coast, Aramco said in a statement on Wednesday.
Hyundai Motor India Ltd (HMIL) today reported a 5.6 percent decline in domestic sales at 37,562 units in June.
Starting with the all-new Verna set for launch in August, Hyundai will in mid-2018 roll out a new model positioned between hatchbacks Eon and Grand i10.
US safety regulators have opened a formal investigation into the recall of nearly 1.7 million Hyundai Motor Co and affiliate Kia Motor Corp US vehicles for engine problems, according to filings.
Affiliate Kia Motors saw China sales skid 68 percent to 16,050 vehicles, added the sources, who declined to be identified, as the numbers are not made public.
Hyundai India today launched the facelifted Xcent at an introductory price of Rs 5.38 lakh ex showroom Delhi. CNBC-TV18's Areeb Sherwani caught up with Rakesh Srivastava, Director for Marketing and Sales for Hyundai India. Srivastava said the company is planning massive investment into India over the next four years. Here's an excerpt of that conversation.
The company, which operates in India through a wholly- owned subsidiary, plans to introduce eight models by 2020, including three models catering to new segments, and hybrids.
Hyundai and Kia are recalling nearly 1.2 million cars and SUVs because the engines can fail and stall, increasing the risk of a crash.
The country’s largest car maker Maruti Suzuki grew by 7 percent while Hyundai grew by 9 per cent and Tata Motors grew by a scorching 84 percent during last month.
Hyundai Engineering plans to invest 3.1 billion euros in the second phase of the Kangan oil production and refinery project in southwest Iran, it said in a statement.
Hyundai Motor India Ltd (HMIL), a wholly-owned subsidiary of the company, has stopped production of the small car, which was first introduced in 2007.
Indian car makers, however, have little to worry about as it is unlikely that PSA will bring Opel to India at least anytime soon. The German brand has a fairly negative brand recall in India especially after its abrupt exit from the country more than a decade ago.
South Korean car major Hyundai is looking for a big play in the hybrid vehicle segment in India with plans to introduce its model Ioniq in 2018, besides unveiling mild-hybrids in its compact cars and SUVs.
The release follows a demonetisation-led cash crunch that hit India's cash-heavy economy, but economists reckon that could be temporary.
The company, which had 6 models on the top 10 selling passenger vehicles (PVs) list in January 2016, is driving towards 50 percent market share in the segment.
CNBC-TV18 learns that Hyundai India will stick to its target of 2 launches per year for next 3 years.
Even as Honda India looks to gain market share beyond its premium flagship brand City, the Japanese automaker is putting its best foot foward to make the subcontinent a key market in its global portfolio
Battling culture differences, diverse communities, fending off competition while defending market shares is what this 52 year old Japanese Honda veteran of more than three decades has been busy with.
Political uncertainty in Tamil Nadu started months ago when the late chief minister Jayalalithaa was hospitalised, and peaked when she died, leaving Sasikala and perennial acting CM O Panneerselvam to scrap over the succession.
In this episode, Overdrive‘s Rohit Paradkar is doing a comparison test between Tata Hexa versus Mahindra XUV500 and Toyota Innova Crysta.
The third quarter results of Mahindra & Mahindra have not been that great, and with competition from majors like Maruti Suzuki and Hyundai growing strongly, only new products can help the company scale back on lost market share, says Ashwin Patil, LKP Securities reacting to the results.
Competition in the passenger vehicle segment is said to heat up as South Korea's Kia Motors is likely to announce its entry into India by the end of this month, say sources.
In the immediate aftermath of demonetisation -- often called a surgical strike on black money -- every performance parameter of India Inc was checked for trauma. Nearly 90 days after the cash ban came into effect, with remonetisation happening at a faster clip, automobile sales data in January throws some interesting insights.
The Hexa is coming at an introductory price of Rs 12.20 lakh, ex-showroom Hyderabad for the manual transmission and Rs 15.11 lakh for the automatic variant.