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Global sales for Hyundai Motor Co tumbled 21% in March to an 11 year-low for the month as the coronavirus pandemic batters demand and forced several of its overseas plants to suspend production. The South Korean automaker reported provisional global sales of…
The life-threatening Coronavirus pandemic has put the world on stand by and the story is no different in our country. Many automakers across the globe have already stopped production and even automakers in India are suspending operations as the number of…
The new Hyundai Verna Facelift will be launched with the 1.0-liter, three-cylinder, GDI turbo petrol engine that made its debut in the Venue last year and is also offered in the Grand i10 Nios and Aura. Like the Venue, even in the Verna this engine will be…
The soon-to-be-launched Hyundai Creta will now come with the company’s Blue Link connected car technology. Slated to be launched on March 17, the second-gen Creta will be the third Hyundai car to get the Blue Link system, after the Venue and Elantra facelift.…
“The company has also placed colleagues who came in close contact with the infected employee in self-quarantine and taken steps to have them tested for possible infection,” Hyundai Motor said in a news release. The company added that it was disinfecting the…
The slowdown in the Indian auto market has also dented long term plans of automakers in India. Hyundai which was gearing up to set up a new plant in India has now postponed its plans by two or three years. Hyundai Motor India Managing Director (MD) & CEO,…
The new generation Hyundai Grand i10 Nios was launched last year in India and now its European sibling, the 2020 Hyundai i10 is all set to be made available in the continent. Hyundai has commenced series production of the new i10 for Europe with sales to…
Hyundai Department Store says it will launch an electronic receipt issuance service with the aim of “zero” paper receipts within three years. Electronic receipts will be issued in the form of the automatic issuance of receipts through mobile applications…
South Korean auto giant, Hyundai Motor has announced that the company will be increasing prices across all its cars from January 2020. With the announcement, the manufacturer joins the list of other carmakers including Maruti Suzuki, Kia and Hero MotoCorp…
Hyundai Motor India today announced that it plans to expand its green mobility portfolio in India which currently only has the Kona EV. Hyundai has had its share of success with the Kona EV in the country and even managed to bag a small order from EESL. But…
Hyundai Motor plans to invest about 61.1 trillion won between 2020 and 2025, about one-third of the expenditure focused on electric and autonomous vehicles, the company said on Wednesday. The South Korean carmaker unveiled a “Strategy 2025” roadmap that…
Hyundai Motor on Tuesday named its former North American chief, William Lee, to oversee its premium Genesis brand following the departure of Manfred Fitzgerald to pursue new opportunities. Lee faces the challenge of rejuvenating Genesis sales in the U.S.…
Hyundai Motor said on Tuesday it was considering raising its stake in its underperforming truck joint venture in China, potentially joining other foreign automakers in boosting ownership in the world’s biggest car market. Sichuan Hyundai Motor is Hyundai’s…
Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that has also received government…
Hyundai Motor Company’s corporate venturing and open innovation business, Cradle, has announced that it is investing in Netradyne, an intelligent technology company specializing in fleet safety management software. The partnership supports further development…
South Korean automaker Hyundai will pay a $47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced Thursday. Between 2012 and 2015, the company imported nearly 2,300…
