Hyundai to double hybrid lineup; announces $3 billion buyback
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows, and announced a 4 trillion won ($3 billion) share buyback as part …
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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 …
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 …
‘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 …
Hyundai India IPO: Hyundai India IPO banks set for country’s 2nd biggest payday with $40 million fee: Report
Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in fees, three sources said, a windfall in a market where …
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 …
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 …
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 …
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 …
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 …