
Hyundai, Kia cost India billions of dollars in trade deficit: Piyush Goyal
He said that Korea and Japan don’t stop the export of steel from India, but India can not sell a ton of steel in both countries because there is a “nationalist” spirit.”
He said that Korea and Japan don’t stop the export of steel from India, but India can not sell a ton of steel in both countries because there is a “nationalist” spirit.”
The company says that the IONIQ 5 is equipped with vehicle-to-load technology, which supports up to 3.6 kW of power.
Hero MotoCorp says the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices.
In 2021, Venue registered sales of 1.08 lakh units — making up 42% of Hyundai’s total SUV sales.
Hyundai now espouses to up the ante with the launch of a globally acclaimed EV in India, and make its EV plans palatable
The automaker, which controls the second-largest market share in India, drew flak from social media users for celebrating Kashmir Solidarity Day.
Carmakers including Maruti Suzuki India, Hyundai Motors, and Mercedes announce price hikes which will be effective from January 2020.
Mahindra and Mahindra will pick up majority stake in a JV with Ford, manage the American carmaker’s operations in India, and collaborate on new cars and business in emerging markets.
Hyundai, which recorded an increase in market share in July, hopes new launches will help it cope with the slowdown that has crippled the auto industry in India.
Total sales of India’s top-five passenger vehicle makers plunge 30.6% to 172,992 units during the month.