Remove Hyundai Remove India Remove Motor Remove Sale
article thumbnail

Hyundai Motor India clocks best-ever sales in January | Autocar Professional

Baua Electric

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). At present, it is 56,024 units shy of the FY2023 total.

India 52
article thumbnail

India a focal market for Hyundai: Hyundai Motor India MD Unsoo Kim | Autocar Professional

Baua Electric

South Korean automaker Hyundai Motor is looking at India as a crucial market for its operations as the passenger vehicle market here continues to grow by leaps and bounds. India is currently the third-largest market for passenger vehicles globally and continues to be among the fastest-growing markets. lakh units.

India 52
article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company aims for 2 million units in annual EV sales by 2030. trillion (US$85 billion) over the next 10 years, including KRW 35.8

Hyundai 284
article thumbnail

Hyundai Motor Group Chairman Euisin Chung visits India amid IPO buzz | Autocar Professional

Baua Electric

Amid buzz around the Initial Public Offering in India, the global CEO and Chairman of Hyundai Motor Group visited the country this week to review the local operations, Autocar Professional learns exclusively. India is the third largest market for Hyundai Motor Group and accounts for 14% of its global sales.

India 52
article thumbnail

Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. Globally too Hyundai Motor is pushing for hybrids.

India 52
article thumbnail

Hyundai India clocks its highest-ever sales in FY24, registers 7.77 lakh cars

Baua Electric

By: HT Auto Desk | Updated on: 01 Apr 2024, 13:00 PM Hyundai registered a record annual sales and YoY growth in FY24. Hyundai registered a record annual sales and YoY growth in FY24. Hyundai Motor India on Monday announced that it clocked the OEM’s highest-ever annual total sales in the country in FY24 with 7.77

India 52
article thumbnail

Commitment to India unwavering, new investments to chart journey for next decade, says Unsoo Kim, MD, Hyundai Motor India | Autocar Professional

Baua Electric

Unsoo Kim, MD and CEO of Hyundai Motor India says the mission of 2024 for the company is “Consistency and Sustainability” by strengthening the capabilities that will allow the company to tackle any challenges and “achieve sustainable progress.” We recently announced an investment of Rs 6,180 crore.

India 52