Hyundai, Kia see 2016 sales lagging auto industry growth
Hyundai and Kia are together the world`s fifth-largest automaker by sales.
Jan 04, 2016, 12:49 PM IST
Hyundai says to raise car prices in India starting next year
South Korea`s Hyundai Motor Co plans to raise the prices of its car models in India by up to 30,000 rupees ($448.60) starting in January, its local unit said, citing challenging market conditions.
Dec 10, 2015, 11:58 AM IST
Cricket bug grips Nissan, inks 8-year deal with ICC
With this eight-year deal, Japanese Nissan replaces the rival Korean carmaker Hyundai Motor, which had a five-year sponsorship with the ICC.
Oct 14, 2015, 17:19 PM IST
Dealers offer hefty festive discounts to boost car sales
No better time to buy a new car than now! Car companies like Maruti Suzuki India, Hyundai Motor and Tata Motors are offering various schemes, including discounts of up to Rs 37,000 to lure car buyers in the festive season.
Oct 11, 2015, 14:36 PM IST
Hyundai Motor India aims to tap taxi hailing market
Hyundai would introduce a multi-purpose vehicle (MPV) in the country to complete its presence across the entire portfolio of passenger cars in the country.
Oct 09, 2015, 20:39 PM IST
Hyundai sales up 13.50% to 54,608 units in August
In the domestic market, Hyundai sold 40,505 units last month as compared with 33,750 units in August 2014, up 20.01 per cent.
Sep 01, 2015, 14:42 PM IST
Hyundai Motor's Q2 operating profit tumbles
Revenue rose 0.3 percent from a year earlier to 22.82 trillion won in the second quarter, but net profit plunged 24 percent to 1.79 trillion won.
Jul 23, 2015, 15:10 PM IST
Hyundai sees green future in hydrogen-powered cars
Hyundai Motor Co said on Monday it believes hydrogen fuel cell vehicles are the future for eco-friendly cars despite challenges of limited infrastructure and slow sales.
Jun 29, 2015, 18:52 PM IST
In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an USD 8 billion merger seen vital to the transfer of leadership at South Korea`s top conglomerate.
Jun 15, 2015, 09:39 AM IST
Hyundai Motor falls on weak yen and sales data
Hyundai Motor said after market close on Monday that total sales in May were 389,299 units, down from 416,026 in May 2014.
Jun 02, 2015, 09:22 AM IST
Hyundai Motor Group chief says considering third India factory
South Korea`s Hyundai Motor Group said on Tuesday it is looking at building a third factory in India, highlighting its growing appetite for expanding globally after an unofficial two-year moratorium on boosting capacity.
May 19, 2015, 09:47 AM IST
Hyundai sales rise 2.6% in April to 51,505 units
The company had sold 50,222 units in the same month last year, HMIL said in a statement.
May 01, 2015, 10:32 AM IST
Hyundai Motor Q1 profit falls as sales incentives rise, currencies drag
Hyundai Motor on Thursday posted its fifth consecutive drop in quarterly profit after South Korea`s biggest automaker boosted sales incentives in the United States and weaker overseas currencies put a drag on offshore revenue.
Apr 23, 2015, 12:55 PM IST
No factory for old men - Hyundai Motor seeks to end seniority-based pay
In a bid to curb rising domestic labour costs, Hyundai Motor Co is seeking to base wages on merit not seniority in an overhaul of a decades-old salary system that puts the South Korean firm on a collision course with its activist union.
Apr 17, 2015, 06:09 AM IST
Hyundai Motor family sold $1.1 bn stake in affiliate: Sources
The chairman of Hyundai Motor Co and his son successfully sold their entire 13 percent stake in shipping and logistics affiliate Hyundai Glovis Co Ltd offered in a block deal worth about 1.16 trillion Korean won ($1.07 billion), two persons with direct knowledge of the matter said on Friday.
Feb 06, 2015, 05:05 AM IST
Hyundai Motor net profit slumps 22% on strong won
Hyundai Motor posted Thursday a steep drop of more than 20 percent in fourth quarter profits as a strong won continued to blunt its price competitiveness against Japanese rivals.
Jan 22, 2015, 11:48 AM IST
Hyundai Motor to build two more plants in China
Hyundai Motor would build two more plants in China, each with a production capacity of 300,000 vehicles.
Dec 30, 2014, 14:11 PM IST
Hyundai to hike prices by upto Rs 25,000 from January
Hyundai, which is the second largest car maker in the country, currently sells ten models across the Indian market.
Dec 15, 2014, 15:52 PM IST
Hyundai Motor Q3 profit falls on firmer currency, sluggish sales
South Korean automaker Hyundai Motor posted a 29 percent fall in its third-quarter net profit, the steepest decline in at least six quarters, hit by slowing sales growth and a stronger local currency.
Oct 23, 2014, 11:27 AM IST
Hyundai Motor clocks rise in domestic market share
Hyundai Motor India has clocked a 2.3 percent rise in its domestic market share in the passenger car segment in the April-July period, 2014, a company official said Thursday.
Aug 14, 2014, 17:55 PM IST
