Hyundai Financial News

New Delhi: Homegrown carmakers Tata Motors, and Mahindra and Mahindra are increasingly improving the speed at which they develop products to gain market share in an intensely competitive domestic market, according to senior executives at auto component makers working with the companies.Indian carmakers have reached parity with European, Japanese and Korean automakers and are increasingly catching up to the speed of Chinese carmakers in rolling out new products, according to top executives at US-based component major BorgWarner Inc. and homegrown auto part maker Lumax Auto Technologies Ltd.This comes in the backdrop of Indian automobile manufacturer Mahindra and Mahindra Ltd reaching the number two rank in annual sales in 2025 for the first time in at least a decade, since retail registration data became available, toppling Korean carmaker Hyundai Motor India Ltd.The shift is inevitable, Nalinikanth Gollagunta, CEO of Mahindra’s automotive division, said.

New Delhi: India’s top manufacturers of scooters, motorcycles and cars are set to close the year on a record high, with two-wheeler retail registrations crossing 20 million and four-wheeler registrations crossing 4.3 million for the first time.According to data from the government's Vahan portal, which records vehicle registrations after they have been sold at dealerships, two-wheeler registrations grew by 7% to 20.2 million units in 2025, breaking the all-time record of 19.6 million registrations in 2018. Meanwhile, passenger vehicle registrations (cars, sports utility vehicles and vans) grew 9% year-on-year to 4.38 million units, also a new record.This growth is reflected in investors' bullishness for the automobile sector, with the Nifty Auto rising 22% during the year, against 10% for the benchmark Nifty 50.Independent analysts have noted over the past few days that the automobile sector as a whole benefited from the goods and services tax (GST) cuts in September, helping it achieve record-high sales.“Following the GST rationalization, demand has picked up across segments and seems to have remained intact even after the festive season.

Subscribe to enjoy similar stories. Chennai/Kochi: The divergence is stark. Both Cochin Shipyard Ltd (CSL) and HD Hyundai Heavy Industries were established the same year—1972.

Subscribe to enjoy similar stories. NEW DELHI : Hopes that a landmark cut in federal taxes would provide a lifeline to struggling small cars like Maruti Alto, Spresso and Renault Kwid have been dashed, with latest sales data showing buyers continuing to favour bigger, more expensive vehicles. The trends come in the backdrop of an intensifying tussle between carmakers over policy support for small cars under upcoming emission norms.

Subscribe to enjoy similar stories. The Indian automotive sector is gearing up to end the calendar year on an exceptionally strong note, fuelled by a combination of record-breaking festive sales, favourable tax reforms and the onset of the traditional year-end stock-clearance period. This cocktail of conditions has created one of the most consumer-friendly buying windows in recent years—an opportunity amplified by the lasting impact of the recent goods and services tax rate cuts.

Maruti Suzuki, believes electric vehicles (EVs) will take time to gain mass adoption, as customers still see them as secondary cars and remain concerned about public charging infrastructure, battery range, and post-sales support. However, Hyundai, the country’s second-largest carmaker, takes a different view, expecting EV sales to nearly double to 5% of total car sales by FY27 from an estimated 2.7% in 2024-25. This comes at a time when the central government is actively discussing plans to phase out petrol and diesel vehicles in Delhi-NCR in a bid to tackle air pollution. However, the comments were not based on reports that government is discussing phasing out fuel vehicles. Maruti has been among the slowest large carmakers to launch EVs, and its doubts about their mainstream acceptance persist. “EVs sold today are not primary cars, but rather secondary. Till the time we don't solve customer concerns on range, charging infrastructure and post-sales, buyers will not have confidence. EVs will remain a secondary car, where numbers will not grow fast,” TOI quoted Partho Banerjee, senior executive officer (marketing & sales) at Maruti Suzuki, as saying.

Shares in companies such as Japan's Toyota and Honda and South Korea's Hyundai Motor and Kia Corp fell, wiping off some $16.5 billion in value, after Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks to take effect on April 3. On the streets of Tokyo and Seoul, and in «motor city» Gwangju, people were concerned the levies would have a far-reaching impact, speaking to the singular role the car industry has played in the post-war economic rise of the two U.S. allies. While car production helped transform Germany, Italy and France after World War Two, its influence in Asia has been even more profound. Automakers form the nucleus of vast networks of group companies that impact almost every facet of working life in the two countries. In Japan, where the industry accounts for roughly 3% of gross domestic product, it is the automakers — particularly Toyota — that set the precedent for national wage increases through annual talks between unions and management.

US President Donald Trump announced on Wednesday 25 percent tariffs «on all cars that are not made in the United States» effective 12:01 am eastern time on April 3. «We have to think about appropriate measures following this announcement. Naturally, we will consider all options,» Ishiba told parliament. «Japan has made significant investments and significant job creation, which doesn't apply to all countries… We are the number one (country) in investment in the United States,» Ishiba added. «The US president's understanding on this is significantly deepening. However, various things are happening, so we are considering all kinds of countermeasures, and those exist as our options.»

Subscribe to enjoy similar stories. AMERICA’S ECONOMY is looking peaky. Inflation expectations are creeping up.

Trump said automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks. Potential price hikes, changes in sourcing locations and new U.S. plants are among the actions planned since Trump unveiled the tariffs and threatened potentially more levies. HIGHER PRICES * Best Buy warned of the possibility of higher prices for American shoppers. «The giant wildcard obviously is how the consumers are going to react to the price increases ...,» CFO Matt Bilunas said on a call with analysts.

Upcoming cars)A noteworthy example is the Honda Amaze sub-compact sedan, starting at ₹8 lakh (ex-showroom) and featuring ADAS technology for under ₹10 lakh. Below are five of the most affordable cars with ADAS available in India for under ₹15 lakh.Honda has set a new standard by introducing ADAS in the 2024 Amaze, making it the first sub-compact sedan to include this feature.

Donald Trump at the White House on Monday. The investment includes a new $5.8 billion Hyundai Steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually, creating more than 1,400 jobs. The steel plant is expected to supply steel to auto plants in Alabama and Georgia. Of the total, Hyundai also plans to invest $9 billion by 2028 to boost U.S. production capacity to 1.2 million vehicles in the United States and $6 billion to expand strategic partnerships with U.S. companies in autonomous driving, robotics, artificial intelligence, and advanced air mobility, the company said. Hyundai Motor plans to hold an opening ceremony for its new $7.59 billion car and battery factory in Georgia on Wednesday. The automaker has a factory in Alabama, while its affiliate Kia has a plant in Georgia. The two older plants can produce 700,000 vehicles a year and the new Georgia plant will have a 300,000-vehicle production capacity when fully operational. Louisiana Governor Jeff Landry had travelled to South Korea in October and met with Hyundai to discuss the investment plan.

Hyundai, announcing price hikes due to rising input costs and operational expenses. Maruti Suzuki India, which leads the domestic passenger car segment in the country, plans to hike prices of its entire model range by up to 4 per cent from next month. The auto major currently sells various models, ranging from the entry-level Alto K-10 to the multiple-purpose vehicle Invicto in the domestic market, with prices ranging from Rs 4.23 lakh to Rs 29.22 lakh, respectively (ex-showroom Delhi). Its rival Hyundai Motor India said it will increase car prices by up to 3 per cent from April 2025, owing to rising raw material and operational costs.

Mahindra & Mahindra will also increase prices across its SUV and commercial vehicle range starting in April 2025 with increments of up to 3 per cent. The manufacturer attributes the higher prices to rising input costs and escalated commodity prices, among other factors.

Upcoming cars in India)Leading brands including Honda, Hyundai, Citroen, and Mahindra are offering special promotions, such as cash discounts, trade-in bonuses, corporate incentives, and scrappage bonuses. These deals, valid until March 31, 2025, create an excellent chance to purchase a new car at a lower price before prices rise. Below is a list of car manufacturers and their respective March discounts:Honda Cars India is offering incentives of up to ₹90,000 on models like the City, Elevate, Amaze and City e:HEV.

Upcoming cars in India)Maruti Suzuki offers the Baleno while facing competition from Hyundai's i20 and the i20 N Line. Tata Motors presents the Altroz and its sportier variant the Altroz Racer.

IndusInd Bank shares will be in focus on Thursday after rating agency Crisil refrained from placing the private lender on ratings watch, stating that the full extent of discrepancies in the bank’s derivatives portfolio will only be known once an external agency submits its findings. Crisil noted that these discrepancies are likely to have a one-time impact on the bank’s financials but added that IndusInd’s pre-provisioning operating profitability and capital adequacy remain strong enough to absorb the impact.

Hyundai Motor India shares will be in focus on Thursday after the company announced a price hike of up to 3% across its models from April 2025, citing rising raw material and operational costs. The price hike will vary depending on the model, the company said. This is Hyundai's second price hike since its initial public offering (IPO) in October. It raised prices by up to Rs 25,000 across models in December.

The company said it announced the price increase owing to rising input cost, increased commodity prices and higher operational expenses, amongst other reasons. The quantum of price increase will vary basis the variants and models. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.”

Hyundai Motor India will increase car prices by up to 3% from April 2025, owing to rising raw material and operational costs, it said on Wednesday. «At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.

IPO (Initial Public Offering) market, achieving unprecedented milestones in terms of funds raised, investor participation, and listing activity. With a record haul of $20.5bn (approx Rs 1.6 lakh crore) raised, India has surpassed its previous high of Rs 1.18 lakh crore in 2021, becoming the second-largest IPO market globally after the United States. October 2024 was a standout month, with Rs 38,700 crore raised — the highest ever for any single month in Indian history. This included blockbuster IPOs like Hyundai Motor and Waaree Energies, with Hyundai’s offering alone raising Rs 27,870 crore – India’s biggest to date. Despite market volatility, the Indian IPO Market is set to maintain strong momentum in 2025, with several marquee names gearing up for public listings.