Hyundai Motor India has set up its first manufacturing plant in Nepal in collaboration with the Laxmi Group. This will also be the country’s first local assembling plant and will have an annual capacity of 5,000 units. As part of this pact, the Laxmi Group will assemble and sell Hyundai cars in Nepal. HMIL’s plant … Read more
Starting January 1, four wheeler manufacturer Hyundai will hike prices of its vehicles in India. The Korean car maker announced the move on Thursday, citing rising input costs and an increase in commodity prices. Hyundai sells a wide range of vehicles from the Grand i10 Nios to the IONIQ5 SUV, with prices ranging from Rs … Read more
South Korean carmaker, Hyundai Motor India Ltd (HMIL) has launched a new initiative for the betterment of people with disabilities. The new initiative has been named Samarth and aims to promote inclusive mobility for differently-abled people. Bollywood superstar and brand ambassador for Hyundai, Shah Rukh Khan, was also present at the launch. Mercedes-AMG C 43 … Read more
NEW DELHI: India can become the biggest market for South Korean auto major Hyundai globally in the near future with demand for automobiles expected to remain strong, Hyundai Motor India Ltd (HMIL) MD and CEO Unsoo Kim said on Friday. HMIL accounts for 18.6 per cent (in the January-September period) of the South Korean automaker’s … Read more
Sales of passenger vehicles increased in strong double-digits to its highest ever levels last month amid an improvement in supplies and strong customer demand in the ongoing festive season. As per data available from the industry body Society of Indian Automobile Manufacturers (SIAM), as many as 389,714 cars, sedans and utility vehicles were sold in … Read more
Hyundai Motor India today announced its cumulative sales of 71,435 units in August 2023. The company’s domestic sales stood at 53,830 units during the last month against 49,510 units in August 2022, registering a YoY growth of 8.72 percent. The company exported 17,605 units in August 2023, showing a growth of 38.62 percent as opposed … Read more