Hyundai Motor on Wednesday sought New Delhi's support to make India an export hub for small cars, while expressing interest to bid for a $500 million Delhi Metro contract for supply rolling stock. \n
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
Around 800 workers at Hyundai Motor India's Sriperumbudur factory, who were on hunger strike, were arrested on Wednesday.
Hyundai Motor India on Wednesday said its car sales grew by 21 per cent during January-June 2003 to 65,307 units, following good demand for the newly launched compact car Santro Xing.
Hyundai Vice President (sales and marketing) Arvind Saxena told reporters at the launch of Verna in Kolkata on Wednesday that the second plant, coming up near the existing one near Chennai, would go on stream in 2008.
Maruti Suzuki India, country's largest carmaker on Thursday reported 3.7 per cent rise in total sales in September.
Hyundai Motor India Ltd reported a 17.84 per cent dip in its domestic car sales for February, and said it would soon reduce the price of its high import intensity models 'Elantra' and 'Sonata'.
The top end BR-V has been priced at Rs 12.90 lakh as opposed to Rs 14.43 lakh for Creta's top variant
The iconic brand is considering petrol powertrains for its entire Indian portfolio, which includes the Jeep Compass, Meridian, Grand Cherokee and Wrangler.
Benchmark equity indices Sensex and Nifty closed higher on Friday after two days of fall, helped by buying in metal, telecom and auto stocks amid a firm trend in global markets. Automakers led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra reporting robust wholesales of passenger vehicles and GST collections crossing Rs 1.50 lakh crore for the third straight month in May also added to the optimism. The 30-share BSE Sensex climbed 118.57 points or 0.19 per cent to settle at 62,547.11.
Hyundai Motor India Ltd (HMIL) is considering legal action against Aamir Khan's latest film, 'Delhi Belly', for allegedly depicting one of the company's cars in a derogatory manner.
Ford India and Renault too reported good sales growth in April
Announcing its plan to set up a second plant in Tamil Nadu, a senior Hyundai official on Saturday said India would soon become a global hub of small cars.
The ongoing elections and overall subdued market sentiment continue to affect the sales momentum
MRTPC disposed of the one-year-old legal battle between the two auto giants, in which the Korean car maker accused MSI (formerly Maruti Udyog Ltd) of indulging in unfair trade practice by issuing "misleading" advertisements.
In yet another recognition of India's manufacturing expertise, Hyundai Motor India has decided to export engine and transmission to global manufacturing units of its Korean parent company and subsidiary Kia Motors from next year.\n\n\n\n
Hyundai Motor India will launch an upgraded version of the premium sedan Sonata this week, at the same price as that of the existing model, in an attempt to boost sales of the vehicle.
The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against 88,801 units in September last year.
Al-Nassr are one of 40 clubs from 20 leagues across the confederation drawn in 10 groups to face one another from Monday, with only the winners guaranteed to advance to the knockout rounds in the quest for the top prize of US$4 million.
Ashok Kumar Jha will step into a role that BVR Subbu, a powerful and seasoned corporate campaigner, had demitted over a year ago.
Hyundai Motor India on Thursday said it would be launching a "new generation" model of its mid-size offering 'Accent' in the Indian market around the latter part of 2006 for which it would be investing close to $130 million.
South Korean auto giant Hyundai has inaugurated its first $1.1 billion factory in the North American market.\n\n
Hyundai Motor India said on Friday that its car sales surged by 83 per cent in December 2003 to 12,382 units, driven by rising demand for compact car Santro and mid-size model Accent.
Hyundai Motor India on Thursday introduced a new version of its compact car i10, offered at an introductory price of Rs 3,48,000 to Rs 5,91,000 (ex-showroom,Delhi).
'i10', the company's latest offering to the market, would now be available between Rs 3.26 lakh and Rs 5.25 lakh, cheaper by up to Rs 18,381. HMIL also said its premium hatchback 'Getz' would be cheaper by Rs 13,413-Rs 19,422 across different variants.
India's second-biggest carmaker Hyundai Motor India on Thursday said its sales went up by a massive 55 per cent to 15,259 units in November.
"We plan to launch the new 'i10' model with 1.2L petrol engine in the next two months. It will be powerful by an additional 15 bhp against the existing one, which comes in a 1.1L engine," a Hyundai Motor India Limited's spokesperson told reporters on the sidelines of induction ceremony of third batch of students traffic volunteers in New Delhi.
Hyundai Motor India said on Tuesday it will hike prices of its cars across all models between 2.3 per cent by January 2008 owing to rising input and freight costs. The official said the price rise was due to the rising input costs and freight cost. HMIL's product range starts from the flagship Santro, the base model of which is priced at Rs 2,70,000, while its top end Sonata Embera is priced at Rs 15,71,000.
Yokohama beat Shandong to book Asian Champions League last 16 berth
The country's largest car exporter launched the iGen i20 in both petrol and diesel variants, carrying a total of 12 variants.
Almost all of these companies either unveiled their new electric vehicle or alternative energy-powered models.
The crossover is not just a good looker - it combines beauty with power.
Hyundai Motor India said on Friday that its car sales rose by 42 per cent in July 2003 to an all-time high of 13,033 units
Car companies have responded to the high interest rates on consumer loans by offering attractive packages to woo back customers.
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