Besides making India its global small car hub and increasing the R&D headcount by four fold, the company would start exporting its engines from the Chennai plant from next year.
The South Korean auto major which entered India in 1998 through its flagship compact car Santro, has reached the 20 lakh (2 million) car production for domestic market in 12 years.
However, sales of mini segment cars, including Alto and WagonR, declined 7.9 per cent to 25,524 units from 27,712 in the year-ago month
Hyundai Motor India and General Motors have announced cuts in prices of their small cars, following the finance minister's announcement of excise duty reduction on small cars
It has been initiated to replace a stop lamp switch due to a potential malfunction.
The Hyundai Creta is practical, spacious, comfortable and feature loaded, making it an ideal package that most buyers look out for in the SUV segment, finds out Indian motoring website MotorBeam.
Rohin Nagrani drives the new Elantra ahead of its launch.
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
Hyundai Motor India Limited (HMIL) has been giving facelifts to its current range of cars. So are the changes on the Hyundai i10 worth it? Dig deeper to get your answers.
Hyundai's first made for India compact sedan will be available in both petrol and diesel engines.
If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.
Meanwhile, the union representatives have said they are meeting the state labour minister, to seek government's intervention.
The new Verna bears Hyundai's new design philosophy of 'Fluidic Sculpture'.
The country's second largest maker Hyundai Motor India Ltd (HMIL) on Monday said it has introduced three new variants with additional features of its latest small car Eon, which will be costlier by up to Rs 7,000 from the existing versions.
Hyundai Motors India Ltd, the second-largest car manufacturer in the country, has announced a special scheme targeted at women buyers across India offering attractive loan packages.
This year's tally is the second best ever after 2022 when 16 firms raised Rs 40,311 crore, led by LIC's biggest-ever IPO.
'The decrease in the popularity of white cars and the rise in preference for darker colours like black, grey, and blue over the past three years reflect changing consumer attitudes.'
Hyundai i20 Active would feature almost the same specs as Elite i20 hatch.
Hyundai Motor India Ltd (HMIL) said it will increase the prices of vehicles across models by up to 2 per cent to offset rising input costs.
The company has not indicated the exact rise in prices of its models
Hyundai Assan chairman Umit Karaarsalan confirmed that the company is working on a compact sedan at the Izmit plant in Turkey. The car will use the next generation i10 components.
High real estate prices make the South Korean car maker look at Chennai and Hyderabad.
Since Hyundai has developed its 'small cars' based on the current definition of 4,000 mm, it could lose out on excise benefit if the length were to be altered to 3,800 mm as per the auto policy.
Hyundai Motors India, the country's second-largest car firm, launched the diesel version of its top-end sedan Sonata Embera tagged at an introductory price of Rs 14.75 lakh (ex-showroom Delhi).
Auto firms have reported a good jump in sales for the month of December
The Hyundai Grand i10 re-writes the rules of the hatchback segment by offering terrific value.
Auto major, Hyundai Motor India, on Thursday said that it would be increasing the prices of its products by up to 1.2 per cent across all models, from September 1.
Hyundai Motor India Ltd introduced on Wednesday its new compact car, 'i10' priced between Rs 3,39,000 lakh and Rs 3,98,000.
Meanwhile, the company on Wednesday launched an advanced version of its mid-sized Verna sedan, priced at Rs 6.56 lakh-Rs 9.22 lakh (ex showroom Delhi).
Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
Hyundai Motor India on Saturday reported a 21 per cent increase in sales between January-November 2005 at 2,36,878 units.
Adding a new dimension to the ongoing price war, Hyundai Motor India on Thursday introduced the export variant of its premium hatchback, Getz GLE, in the Indian market priced at Rs 415,000.
The Centre should provide a clear regulatory pathway that it will follow so that automobile companies can plan their investments and car launches accordingly, Venkatram Mamillapalle, managing director (MD) & chief executive officer (CEO), Renault India Operations, said on Tuesday. Renault is planning to launch five cars - including a B-plus segment sport utility vehicle (SUV), a C-segment SUV and an electric vehicle (EV) - in India in the next three years, he told reporters. In early 2022, the ministry of road transport and highways had announced that cars in India would be required to have six airbags from October 1, 2022.
Hyundai Motor India said on Friday it will hike prices of all models, including the flagship Santro, from this month-end because of higher input and freight costs.
The Pune plant will manufacture excavators up to 20 tonne and payloaders. Hyundai Korea already sold around 300 imported excavators in India in the last few years. Company managing director J S Kim said Hyundai is considering India as a strategic market where mining and construction sector is witnessing a boom.
One of the main selling points of the i20 is its easy to drive nature.
The Chennai facility will continue to service Indian and non-European markets. In July 2009, Hyundai India's managing director H S Lheem had said the company was planning to move production to Turkey, the Czech Republic or Slovakia.
Hyundai eyes sales of three lakh units this year.
