Hyundai Motor India Ltd on Wednesday launched a new version of its premium compact car i20 priced between Rs 4,52,000 and Rs 7,48,000, while adding two more variants to its existing range.
The slowdown in the Indian automotive market has resulted in its first major casualty, with the country's second largest car-maker Hyundai Motor shelving a plan to set up a diesel engine manufacturing plant at an investment of Rs 400 crore (Rs 4 billion).
The ongoing elections and overall subdued market sentiment continue to affect the sales momentum
Hyundai Motors India Ltd on Wednesday said the company would invest up to $600 million for product development and capacity expansion.
It has a feature rich cabin, well appointed interiors and competitive price tag.
The Kolkata golfer fired a superb eight-under 64 to grab a two-shot lead at the half-way stage of the Hyundai-TNGF Open 2005.
India's second-biggest carmaker Hyundai Motor India on Friday said its sales surged 13.4 per cent in May 2004.
India's second-biggest carmaker Hyundai Motor India on Tuesday said its sales soared 109 per cent to 15,508 units in February 2004.
Sales of recently launched Grand i10 and Xcent jump even as those of competing models drop in past two months.
The premium midsize segment (Rs 6.5-10 lakh) has always been a tricky one for all car manufacturers.
Defending champion Mukesh Kumar and Ashok Kumar returned identical cards of four-under 66 each to forge ahead of the rest of the field on day 2.
The New Year will begin on a costly note for car buyers with major players, including Maruti Suzuki, Hyundai Motors and General Motors, planning to increase prices of the vehicles by as much as Rs 12,000.
Hyundai Motors India Ltd has sought to amend its original petition filed before the Monopolies and Restrictive Trade Practices Commission to include posters and pamphlets in the purview of its prayer.
However, the company's cumulative sales (including exports) in November were up by 48.89 per cent to 43,105 units compared with 28,950 units in the year-ago period, HMIL said. Its exports for the month rose by nearly three-fold to 28,500 units, the same stood at 9,898 units during the same month in 2007.
The auto industry body has been lobbying hard with the government for extension of the reduced excise rates.
Hyundai Motor India, the country's second-largest passenger car manufacturer, may introduce more luxury cars in India, president Ashok Jha told Business Standard at the launch of the compact car, the i10, in Pune.
The festive season is the time when car manufacturers offer major discounts and freebies to lure customers and Hyundai has decided to cash in on the occasion with Eon.
This i20 automatic promised the prowess of the original with a more comfortable transmission. Did it match up? I find out.
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.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
Prices across all models starting from Eon to Santa Fe has been hiked in the range of Rs 15,000 to Rs 127,000
Similar to its predecessor i-10, the i-20 will be manufactured exclusively in India and exported to other countries. The i-20 model, which will come in many variants, is expected to be priced anywhere between Rs 5-6 lakh. The i-20 is likely to be equipped with an automatic gear box to facilitate convenient driving.
The firm, which has operations in India through a wholly -owned subsidiary, Hyundai Motor India Ltd, will manufacture the car, which will be smaller than the Santro, at its plant in Chennai.
Hyundai Motor India on Monday said its vehicles sales grew by 27.4 per cent in October 2003 to 13,297 units as demand for its compact car Santro and mid-size model Accent continued to increase.
Hyundai Motor India, India's second-biggest carmaker, on Monday said its car sales surged by 46.8 per cent in August to 14,436 units on higher domestic demand and exports.
In what signals an emerging battle among small car manufacturers, Hyundai Motors India Ltd has asked the country's apex auto association to act against moves by "some pressure groups" to change the definition of a small car.
Verna is loaded with features, classy desing but handling could have been better.
It has refreshing new design and feature rich interior.
Hyundai has also decided to phase out Getz looking at the growing demand for i20.
Apart from this, the company will roll out its SUV Santa Fe in October this year which will carry a price tag between Rs 20 lakh (Rs 2 million) and Rs 22 lakh (Rs 2.2 million) a unit.
Car major Hyundai has announced a price hike prices across models, including recently launched Verna, between 1 to 1.5 per cent.
"They (Mahindra Renault) are planning to launch Sandero, which is very similar sounding to our Santro. Both are hatchbacks and Santro is an established trademark and they are trying to get mileage out of it," a senior HMIL official said.
Contrary to expectations that car sales dip in December, auto majors Maruti Suzuki and Hyundai Motor India are poised to grow 30 per cent in sales (the two companies control 72 per cent of the domestic market). General Motors is looking at 70-80 per cent increase in sales.
Al-Nassr overturned a 1-0 first leg deficit to win 4-3 on Monday but with the contest ending 4-4 on aggregate, the players headed into a shootout from which Al-Ain prevailed.
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
Centre of Indian Trade Unions district secretary Muthukumar said the workers were arrested when they tried to stage an agitation in front of the plant at Sriperumbudur.
