Hyundai Motor India on Thursday said it had concluded a three-year wage agreement with its workforce, paving way for an increase in their salaries.
Fit and finish is next to faultless for the price, but we did find a few hard plastics on the steering and a few switches that felt out of place
Last week, rival and market leader Maruti Suzuki India had raised the prices of its various models, except Alto, by up to Rs 7,500 citing a sharp increase in input costs with immediate effect.
It seems the Korean carmaker Hyundai Motors has pulled up its socks to conquer every bit of premium car segment.
According to the company's business plan for 2013, the company said its plant at Chennai is projected to have a wholesale volume of 6,33,000 units as compared to 6,41,000 units clocked last year, a decline of 1.3 per cent.
Passenger vehicle wholesales in India increased 4 per cent year-on-year in May to 3,47,492 units, as compared to the same month last year, industry body SIAM said on Tuesday. Overall passenger vehicle (PV) dispatches from companies to dealers stood at 334,537 units in May 2023.
Indicating the onset of a fierce battle in the domestic car market, auto leader Maruti Udyog on Friday demanded an apology from competitor Hyundai for engaging in "false, misleading and deceptive" campaign against its new\nproduct 'Swift' or face the
Hyundai Motor India will increase prices of its vehicles by up to Rs 20,000 across all models by February 1.
Hyundai Motors India entered into an alliance with State Bank of India on Wednesday to provide special finance scheme for central public sector enterprise employees.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
Saxena, who has been working in Hyundai since 2006, is likely to join Volkswagen's Indian operations, sources said.
Maruti Alto or Hyundai Eon? The comparison is here!
Passenger vehicle sales are expected to experience muted growth in the current financial year.
The new Hyundai halo car (for the international markets, if you consider the Equus as the Korean equivalent) is perhaps the most significant of Korean car launches. Especially when you look at the Genesis as a weapon for Hyundai's sustained - and increasingly successful - assault on the US market.
The latest Hyundai i20 is an exciting car, given the overall drive experience, transmission, ride quality and tech. And while it may not be as low cost as a Maruti or come with the "heavy German steel-feel" of the Volkswagen, it does carve out a niche for itself at pole position with a combination of technology, styling, drive and ride comfort, and low cost of ownership, says Pavan Lall.
Needless to add, each and every car in the 'sizzling-six' of Hyundai has got enough temptation and oomph aspect.
The i20 iGen boasts of many 'firsts in segment' features.
Hyundai on Monday launched a new version of its premium sedan Elantra priced between Rs 14.13 lakh and Rs 17.94 lakh.
It plans to increase India sales by a tenth, helped largely by launches next year
Hyundai, the second-largest car manufacturer in the country, will stop the production of its A2 compact car, the Getz, by 2011.
Besides, Toyota and MG Motor also reported nil sales as they suspended operations even before the imposition of lockdown on March 25 to check the spread of coronavirus. In two-wheeler segment, niche bike maker Royal Enfield said it had zero sales in the domestic market but exported a total of 91 units last month.
Korean auto company Hyundai has used the findings and comments made by European auto magazines and auto experts to show Maruti's newly launched hatch-back Ritz in poor light. Hyundai, in a web advertisement for its successful hatch-back i10, has made direct comparisons between the model and Maruti Ritz, using strong negative comments given by automotive experts.
Hyundai said its production was not impacted because of the labour problem at the vendor's factory.
Opt for the top-spec trims, you get four additional airbags, Hill Start Assist and Vehicle Stability Management as well.
Hyundai Motor India recorded an impressive 121 per cent growth in sales in April this year at 19,853 units.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
The new i10's virtues are functionality and space, fresh design, refined ride and a silent cabin.
Post the launch of 'Grand' in the Indian market, Hyundai has experienced a 55 per cent rise in footfalls at dealerships across all regions and most dealerships are recording multiple enquires and test drive requests, it added.
South Korean engineering behemoth Hyundai plans to set up an engineering company in India focussed solely on the petroleum sector.
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
India's second largest car maker, Hyundai Motor India, is planning to phase out its hatch-back Getz and focus on its other small car i20.
Tucson is slated to be launched later this year
Hyundai Mobile, a unit of South Korean conglomerate Hyundai Corp, has entered into a strategic partnership with State Trading Corporation for selling mobile phones in India under which the PSU will give an import funding assistance of Rs 200 crore (R
Petrol variants of the car are priced between Rs 6.38-7.09 lakh.
The Grand SportZ Edition will have features as Diamond cut Alloy wheels, blue tooth connectivity, steering mounted audio and Bluetooth controls, leather wrap on steering wheel, rear spoiler, B-Pillar blackout along with body graphics.
Hyundai Elantra is likely to give it tough to rivals like Renault Fluence and Toyota Corolla.
Hyundai Motor India on Monday jacked up prices of a variant of mid-size car Accent by 11,640 after a steep increase in steel prices raised input costs.