Hyundai’s philanthropic arm signs MoU with IIT Delhi to support research
NEW DELHI: Automobile major Hyundai Motor India’s philanthropic arm on Wednesday signed a Memorandum of Understanding (MoU) with IIT Delhi to support the research work at ‘Centre for Automotive Research and Tribology’. Besides, the philanthropic arm – Hyundai Motor India Foundation – donated a KONA Electric for IIT Delhi students to study alternate energy powered […]
Apple, Hyundai to agree on electric car tie-up early this year
SEOUL:Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States, local newspaper Korea IT News reported on Sunday. The report follows a statement on Friday from Hyundai Motor that it was in early talks with Apple after […]
Continued robust demand for diesel trims vindicates company’s stand: Hyundai
NEW DELHI: Hyundai Motor India is witnessing a robust demand for diesel models in its portfolio which vindicates its stand for continuing with the technology even in the BS-VI emission regime, according to a senior company official. The country’s second largest passenger vehicle maker continued with the diesel models even as the country’s leading carmaker […]
Hyundai logs ‘highest-ever’ domestic sales in October amid Covid-19 outbreak
NEW DELHI: Hyundai Motor India Ltd (HMIL) on Sunday said it recorded its highest-ever monthly domestic sales in October at 56,605 units amid the Covid-19 pandemic. It reported a 13.2 per cent growth in its domestic sales compared to 50,010 units sold during October 2019, the company said in a statement. The rise in demand […]
Hyundai now says recalled vehicles should be parked outside
DETROIT:Hyundai has reversed itself on a recall to fix a defect that could cause engine fires and is now telling owners of more than 200,000 vehicles to park them outdoors until repairs are made. The company, along with affiliated South Korean automaker Kia, on Thursday said they were recalling over 600,000 vehicles in the US […]
Hyundai plans to boost digital presence in India to tap new age customers
NEW DELHI: South Korean auto major Hyundai is looking to enhance digital presence in India so that its online channel can function as a key customer acquisition point while running parallel to its existing offline sales network, a top company official said. The company, which is present in the country through wholly-owned subsidiary Hyundai Motor […]
Hyundai Kona launched at Rs 25.30 lakh
NEW DELHI: South Korean auto major Hyundai Tuesday launched its full-electric SUV Kona in India priced at Rs 25.3 lakh, and sought government support for electric vehicles (EVs) for personal usage, not just for fleets. The company, which is present in the country through its wholly-owned subsidiary Hyundai Motor India Ltd (HMIL), is also planning […]
Hyundai, Kia invest USD 300 million in Ola for EVs, smart mobility solutions
NEW DELHI: South Korean automobile major Hyundai Motor group on Tuesday said it is investing USD 300 million in ride hailing service provider Ola, identifying India as the centrepiece in its strategy to gain leadership in global mobility market. The investment will be jointly made by group firms — Hyundai Motor Company and Kia Motors […]