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hyundai motor

Telangana CM meets officials of Hyundai Motor in South Korea to attract investment

by Adesola Mojo
Telangana CM meets officials of Hyundai Motor in South Korea to attract investment

Telangana Chief Minister Revanth Reddy, accompanied by IT and Industries Minister Sridhar Babu, met with officials of Hyundai Motor in South Korea’s Seoul on Monday to attract investments for boosting …

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Categories Automobile

Elon Musk Says Tesla Will Have Humanoid Robots Next Year, And That’ll Definitely Happen

by Adesola Mojo
Elon Musk Says Tesla Will Have Humanoid Robots Next Year, And That’ll Definitely Happen

Tesla CEO Elon Musk is no stranger to making bold promises with little follow through, but maybe this time will be different. He just posted on his social media site …

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Categories Automobile

‘Green New Scam’ Donald Trump Says He’ll End The EV Mandate That Exists In His Imagination On Day One

by Adesola Mojo
‘Green New Scam’ Donald Trump Says He’ll End The EV Mandate That Exists In His Imagination On Day One

Good morning! It’s Friday, July 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Categories Automobile

Hyundai IPO: A chaebol looks at India to break out of a Korean trap

by Adesola Mojo
Hyundai IPO: A chaebol looks at India to break out of a Korean trap

India’s equity frenzy has attracted a global biggie which wants to ride on the high investor sentiment. Hyundai Motor India Ltd. (HMIL), the country’s second-largest car maker, is coming out …

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Categories Automobile

Hyundai Motor gearing up to drive into Indian capital market

by Adesola Mojo
Hyundai Motor gearing up to drive into Indian capital market

The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for …

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Categories Automobile

Passenger vehicle wholesales in slow lane in May due to high base effect, elections

by Adesola Mojo
Passenger vehicle wholesales in slow lane in May due to high base effect, elections

New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle …

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Categories Automobile

SUVs roar on country roads as sales from rural India sees a spike

by Adesola Mojo
SUVs roar on country roads as sales from rural India sees a spike

Hyundai Motor’s top three cars sold in rural India during January-April 2024 were all SUVs, nudging out small car Grand i10 from the podium for the first time, reflecting the …

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Categories Automobile

Hyundai sales up 7% in March; reports highest-ever sales at 7,77,876 units in FY ’24

by Adesola Mojo
Hyundai sales up 7% in March; reports highest-ever sales at 7,77,876 units in FY ’24

Hyundai Motor India on Monday reported a 7 per cent year-on-year increase in total sales at 65,601 units in March. The company sold a total of 61,500 units in March …

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Categories Automobile

Hyundai: Hyundai plans to drive to Dalal Street for largest IPO ever: Plans listing of local arm this Diwali

by Adesola Mojo
Hyundai: Hyundai plans to drive to Dalal Street for largest IPO ever: Plans listing of local arm this Diwali

Mumbai: South Korea’s Hyundai Motor Co is evaluating a plan to list its local unit to take advantage of India’s IPO boom, said people with knowledge of the matter. The …

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Categories Automobile

tata motors: Tata Motors urges govt to keep hybrid tax as Toyota seeks cut

by Adesola Mojo
tata motors: Tata Motors urges govt to keep hybrid tax as Toyota seeks cut

India’s top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota …

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Categories Automobile
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