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Major Auto Cos Log Robust Sales In March On Pent Up Demand, Shift Towards Personal Mobility

Sales of mini cars, comprising Alto and S-Presso, stood at 24,653 units last month. The company had sold 15,988 units in March 2020.

Groupe PSA Expects Citroen To Be Among Top Players In India

BW Online Bureau

Companies & Markets Sector Reports

The dominance of the two companies is based on the fact that the hatchback segment is representing probably 50 per cent of the market at this stage, and Maruti Suzuki and Hyundai represent around 80 per cent of the segment

Hyundai Delivers First Fuel Cell Trucks To Switzerland

BW Online Bureau

Companies & Markets Sector Reports

Hyundai plans for production capacity of 2,000 units of Xcient fuel cells per year by 2021 to support its expansion plans as demand for clean transport grows.

Hyundai pioneers digital innovation to drive seamless customer engagement

ANI

Hyundai pioneers digital innovation to drive seamless customer engagement

Hyundai Development Wants To Renegotiate Asiana Airlines Acquisition After Debt Jumps

BW Online Bureau

Economy Policy Aviation

Hyundai Development and brokerage Mirae Asset Daewoo agreed in December to purchase control of South Korea's No. 2 airline for about 2.5 trillion won ($2.1 billion).

Hyundai Fourth-Quarter Profit Beats View On Brisk SUV Sales, Shares Jump 5%

BW Online Bureau

Companies & Markets Sector Reports Auto

Operating profit for October-December came in at 1.24 trillion won ($1.07 billion), outperforming analysts' average estimate of 1.06 trillion won, according to Refinitiv I/B/E/S data.

Hyundai, Kia’s $300 Million Funding In Ola And Its Electric Arm Gets CCI Nod

BW Online Bureau

Companies & Markets Sector Reports Auto

The CCI declared its approval for the foreign investment in ANI Technologies, which operates the platform, and OLA Electric Mobility through a tweet.

Major Automobile Manufacturers Report Sharp Decline In August Sales

BW Online Bureau

Companies & Markets Sector Reports Auto

While Maruti reported a 33 per cent drop in August sales at 1,06,413 units, sale of passenger vehicles by Tata Motors fell 58 per cent during the month under review.

India Is Now YouTube's Largest And Fastest Growing Audience In The World

Ankita Srivastava

Gadgets & Technology Internet and Social

At its annual flagship event, Brandcast, YouTube shared insights on the exponential growth of the online video ecosystem and how it is interlinked to India's Internet growth story.

Santro Is Back

Ashish Sinha

Companies & Markets Sector Reports Auto

Small, indeed, is beautiful. And Hyundai is set to prove that again with its all-new Santro

The Tall Boy Is Back – Hyundai Unveils The All New Santro

Siddharth S

Companies & Markets Sector Reports Auto

Hyundai finally unveils The Santro, Codenamed AH2, The Santro will replace the Eon in Hyundai India’s Product lineup. To come with AMT and CNG options.

Hindustan Shipyard Expects To Close Hyundai JV Next Year

BW Online Bureau

Economy India

Hindustan Shipyard, which reported a net profit of Rs 53.77 crore in FY17 and could also improve its negative net worth to Rs 750.51 crore from Rs 1,252.5 crore in FY16, will be able to wipe out losses if the government accepts its financial restructuring proposal.

GST Cess Hike To Drive Up Prices Of Premium Cars And SUVs

Avishek Banerjee

Economy India

The removal of the cascading impact enabled the Industry to reduce prices and benefit the consumer as well as expand the market, which had been declining because of high taxation.

Carmakers See Enhanced Sales From Government Employees

Avishek Banerjee

Economy India

Leading carmakers such as Maruti Suzuki, Hyundai, Toyota, Tata Motors, Honda, etc. are anticipating over 30% growth in sales to government employees and pensioners at 3.5 lakh units this year.