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South Korean auto major Hyundai Motor Co is making its most ambitious move yet in India, committing an investment of Rs 45,000 crore by FY2030 to turn the country into its second-largest market globally, next only to the US. The announcement, which was made at Hyundai Motor India's (HMIL) first-ever Investor Day in Mumbai on Wednesday, comes alongside another major decision, which is that for the first time since its India entry in the mid-1990s, the company will be led by an Indian managing dir ...Read More >
Pune: Hyundai Motor will invest Rs 45,000 crore to expand its manufacturing and research operations to make the world's third-largest car market at the heart of its growth strategy, its President & CEO Jose Munoz said on Wednesday. He told reporters that this investment will help South Korean automaker to increase its annual production by about a third to 1.1 million vehicles by 2030 in India, introduce 26 cars, including its first hybrid vehicle and launch its luxury car brand Genesis in the I ...Read More >
New Delhi: The national capital recently witnessed two launches within weeks of each other. On 11 August, Elon Musk's Tesla had a lowkey launch for its second showroom in India, in Delhi's Aerocity. The global brand had only one model on display with a small crowd in attendance. On 6 September, a stone's throw away from Tesla's showroom, VinFast Auto Ltd, a little-known Vietnamese brand, made a much bigger splash. In a large ballroom that could easily hold more than 100 people, the company's le ...Read More >
New Delhi, Sep 23 (PTI) Auto stocks ended higher on Tuesday after automakers saw bumper sales on the first day of Navratri under the new GST regime. The sharp spike in bookings for automobiles drove auto stocks higher. Leading carmakers Maruti Suzuki and Hyundai Motor India on Monday saw bumper sales with buyers queuing up to buy their favourite models at lower price tags under the new GST regime. Bucking a muted trend in the broader equity market, shares of Ashok Leyland rallied 3.41 per cen ...Read More >
CHENNAI: Indian stock markets ended the day with strong gains on Tuesday, September 16, 2025. Positive investor sentiment was supported by favorable global cues, optimism around India-US trade talks, and expectations of an interest rate cut by the US Federal Reserve. The BSE Sensex rose by 595 points, or 0.73%, closing at 82,380.69. The NSE Nifty 50 increased by 170 points, or 0.68%, ending at 25,239.10. Midcap and Smallcap indices also gained, up by 0.62% and 0.66% respectively. Among sectors ...Read More >
Mumbai: Hyundai Motor India Limited is one of the most popular car companies in India. It sells cars in many segments -- from small cars to SUVs. Popular models like Hyundai Aura and Hyundai Creta are loved by many people. If you're planning to buy a Hyundai car, there's good news. After September 22, prices of many Hyundai cars are going to drop. This is because these cars will now fall under the 18 percent GST slab instead of the earlier 28 percent GST slab. This means customers will get cars ...Read More >
New Delhi: Maruti Suzuki India Ltd on Tuesday started the production of its electric sports utility vehicle (SUV) e-Vitara for exports to 100 countries from its Gujarat factory, marking the beginning of its EV push that contrasts with strategies of its domestic rivals. While Tata and Mahindra began their EV journey by first boosting sales in the domestic market, Maruti Suzuki is producing these cars majorly for exports, with its Japanese parent looking to test its mettle in the global EV market ...Read More >
Mahindra & Mahindra is proactively managing potential rare earth magnet supply disruptions caused by China's export restrictions. The company is securing alternative sources for the next nine months and investing in engineering solutions for long-term supply chain resilience. While Maruti Suzuki and Hyundai India haven't faced production impacts, M&M is preparing for future growth amid industry-wide concerns. Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sou ...Read More >
India's automobile exports surged 22% year-on-year in the April-June quarter, fueled by record passenger vehicle shipments and strong growth in two-wheelers and commercial vehicles. Passenger vehicle exports hit an all-time high, driven by demand in the Middle East, Latin America, and reviving neighboring markets. Maruti Suzuki led the PV export growth, while Hyundai Motor India also saw a significant increase. Automobile exports from India grew 22 per cent year-on-year in the April-June quarte ...Read More >
New Delhi, July 20 (SocialNews.XYZ) India's automobile exports grew by 22 per cent year-on-year (YoY) in the April-June quarter of the current financial year (Q1 FY26), according to data released by the Society of Indian Automobile Manufacturers (SIAM). This strong growth was driven by record shipments of passenger vehicles, along with solid performance in two-wheelers, commercial vehicles, and three-wheelers. In total, India exported 14,57,461 vehicles across all categories in the first quart ...Read More >
New Delhi, Jul 20 (PTI) Trading sentiment in the stock market this week will be guided by quarterly earning announcements from blue-chips such as Infosys and Bajaj Finance, the outcome of India-US trade talks and global cues, analysts said. Markets may on Monday react to the quarterly results of three heavyweights - Reliance Industries, HDFC Bank and ICICI Bank, an expert said. India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 c ...Read More >
New Delhi, Jul 20 (PTI) Automobile exports from India rose 22 per cent year-on-year in the April-June quarter driven by record shipment of passenger vehicles and robust growth in segments like two-wheelers and commercial vehicles, according to industry body SIAM. Total exports across segments rose to 14,57,461 units in the first quarter as compared to 11,92,566 units in April-June quarter of last financial year. Passenger vehicles saw the highest-ever exports in the first quarter at 2,04,330 u ...Read More >
CHENNAI: In a major stride toward green energy innovation, the Hyundai HTWO Innovation Centre was officially unveiled on Tuesday at the Discovery Campus of IIT Madras in Thaiyur here. The ambitious Research & Development hub, dedicated to green hydrogen technology, is being developed by Hyundai Motor India Limited (HMIL) in collaboration with IIT Madras and Guidance Tamil Nadu, with strong backing from the state government. Unveiling the design of the Centre, T R B Rajaa, State Minister for In ...Read More >
New Delhi: The mood at Hyundai Motor India Ltd's office in Gurugram isn't exactly upbeat today. Passenger vehicle sales data for June were released on 1 July. And for the South Korean carmaker, once the No. 2 in India by some distance, it once again made for dismal reading. The company has finished behind Mahindra and Mahindra four out of six months this calendar year. Indeed, it has trailed the Indian company every month this fiscal year. And that is bad news for José Munoz. In January, Munoz ...Read More >
New Delhi, Jul 2 (PTI) Hyundai Motor India Ltd on Wednesday said its popular SUV model Creta has emerged as the best-selling passenger vehicle in the domestic market in June this year. Creta was the highest-selling model in the country for June 2025 with 15,786 units sold in the month, Hyundai Motor India Ltd (HMIL) said in a statement. Maruti Suzuki India's compact sedan Dzire was the second-best-selling model with 15,484 units in June followed by its compact SUV Brezza with 14,507 units in t ...Read More >
New Delhi [India], July 2 (ANI): Maruti Suzuki reported a decline in its domestic passenger vehicle sales in June 2025; however, the company reported a 22 per cent increase in exports. According to company data, total domestic passenger vehicle sales fell to 1,18,906 units in June 2025 compared to 1,37,160 units in the same month last year. This marks a drop of 13.3 per cent year-on-year for June. The decline in sales was also visible in the first quarter of FY2025-26. From April to June 2025, ...Read More >
Gabriel India share price (NSE: Gabriel) skyrocketed 20% on July 02, hitting a record high of INR 1,011.30 after the company announced a strategic restructuring plan. The move includes the amalgamation of Anchemco India Pvt Ltd into Asia Investments Pvt Ltd, followed by the demerger of Asia Investments' automotive business into Gabriel India. This corporate overhaul is part of the group's ambitious roadmap to achieve a INR 50,000 crore revenue milestone by 2030. The stock's momentum continued in ...Read More >
Mumbai (Maharashtra) [India], July 2 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde said that tourists from the state who were stranded in Uttarakhand due to adverse weather conditions were "safe" and would be "brought back soon". He also said that the state government was in close coordination with Uttarakhand authorities to ensure their rescue. Also Read | What Is Sex-Sorted Semen Technology? Kerala Achieves Milestone With Birth of Twin Female Calves Under Accelerated Breed Improveme ...Read More >
New Delhi: The April-June 2025 quarter saw severe pressure on the domestic car market, with challenges in generating fresh demand as growing geopolitical tensions and concerns over the economy depressed consumer sentiments.Maruti Suzuki, the country's biggest carmaker, reported a 6% decline in first-quarter wholesale numbers as the company dispatched around 3.9 lakh units to dealerships compared to 4.2 lakh units in the same quarter of the previous fiscal.Hyundai experienced a decline of 12%, wh ...Read More >
New Delhi, Jul 1 (PTI) Hyundai Motor India on Tuesday said its total sales declined by 6 per cent year-on-year to 60,924 units in June. The company's total sales stood at 64,803 units in June last year, Hyundai Motor India Ltd (HMIL) said in a statement. The automaker said its dispatches to dealers in the domestic market declined 12 per cent to 44,024 units in June as compared with 50,103 units in the year-ago period. Exports stood at 16,900 units last month as against 14,700 units in June 202 ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police pers ...Read More >
Mumbai, June 7 (UNI) Snapping two week losing Streak Sensex surged 737.98 points or 0.90 per cent to settle at 82,188.99 during the week ended June 6,2025, as the Reserve Bank of India's surprise 50 basis points rate cut and a shift in its monetary policy stance from accommodative to neutral. Easing inflation outlook and strong Q4 FY25 GDP growth of 7.4 per cent boosted investor confidence, signalling a stable and supportive economic environment. Broader markets outperformed, reflecting renewed ...Read More >
New Delhi, Dec 12 (PTI) Tata Motors on Thursday said it will increase prices of its trucks and buses portfolio by up to 2 per cent effective January 1, 2025, citing rising input costs. The price increase is to offset the rise in input costs, Tata Motors said in a statement. While the price increase will vary as per individual model and variant, it will be applicable across the entire range of trucks and buses, it added. Already passenger vehicle makers, including Maruti Suzuki, Hyundai Motor ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and elec ...Read More >
Monthly Love Horoscope For December 1- 31: December Might Bring A New Partner In Your Life, Zodiacs India Passenger Vehicle Sales In November 2024: The passenger vehicle (PV) sales in India increased about 4 per cent (year-on-year) at 3,50,000 units in the month of November, data showed on Monday. The total domestic PV wholesales stood at 335,954 units last month, driven by robust demand during the wedding season, increasing private consumption and SUV sales. If we look at the January-November ...Read More >
New Delhi: India's passenger vehicle market witnessed varied performance across major automakers in November 2024. While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market. Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. This marked an increase from 134,158 units sold in November 2023. However, the company's sales in Octob ...Read More >
India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the U.S. automaker backed off from those plans earlier this year. Other foreign automakers have shown interest ...Read More >
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