Reversing his predecessor's decision to set up a diesel engine facility in Chennai, Hyundai Motor India's new managing director and CEO Han-Woo Park on Wednesday said as of now there was no such plan.
Hyundai Motor India recorded an impressive 121 per cent growth in sales in April this year at 19,853 units.
Tucson is slated to be launched later this year
Bengaluru outpaced Mumbai, Delhi, and Pune in 2023 to become India's leading city for electric car registrations. The city's tech-savvy workforce, increased acceptability, zero road tax, subsidised electricity for EV charging, and a wide charging station network contributed to this surge. Electric car registrations in Karnataka's capital surged more than threefold in 2023 to 8,690 units, overtaking the growth witnessed in the other three cities, according to data from Jato Dynamics
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.
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.
Hyundai Motor India Ltd introduced on Wednesday its new compact car, 'i10' priced between Rs 3,39,000 lakh and Rs 3,98,000.
The company has not indicated the exact rise in prices of its models
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 sells a range of vehicles starting from the entry level hatchback Eon.
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's first made for India compact sedan will be available in both petrol and diesel engines.
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).
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 company has so far sold about 15 lakh (1.5 million) units of Santro in the country. The new model under Santro Non-Ac are priced at Rs 2,63,000, while Santro GL and GLS are priced at Rs 3,28,000 and Rs 3,48,000 respectively. The LPG variant of Santro GL is priced at Rs 3,49,000, whereas the LPG variant of Santro GLS is priced at Rs 3,69,000.
Hyundai Motor India also plans to raise its sales in the overseas market this year.
Hyundai eyes sales of three lakh units this year.
The new Verna bears Hyundai's new design philosophy of 'Fluidic Sculpture'.
The company, which is slated to introduce a new compact car later this year, is also mulling taking on Maruti Suzuki's Dzire and Honda Cars India's Amaze with a new sub-four metre sedan.
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 Motor India Ltd on Tuesday said that tis new sedan Verna will be launched in India during the third quarter (Jul-Sept) of 2006, which will be slotted between its Accent and Elantra models.
The Eurozone crisis is likely to bring down Hyundai Motor India's exports to 2.25 lakh cars this year against 2.47 lakh last year, a top company official said.
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 Motor India Ltd will increase the prices of its flagship model Santro next month due to rising input costs made by an appreciating rupee.
Hyundai Motor India on Thursday hiked prices of its various cars, including Santro and Sonata by upto Rs 10,700.\n\n\n\n
Maruti India seems to be setting an example for the industry with cars that are cheaper yet their fuel efficiency and performance is second to none.
Hyundai Motor India on Saturday reported a 21 per cent increase in sales between January-November 2005 at 2,36,878 units.
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.
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.
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
Opt for the top-spec trims, you get four additional airbags, Hill Start Assist and Vehicle Stability Management as well.
Auto firms have reported a good jump in sales for the month of December
Declaring a price war against rival Maruti's Swift, Hyundai Motors India Ltd launched its new premium hatchback Getz Prime, starting from Rs 3,89,000.
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
Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022. Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023.
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