Hyundai Financial News

Alabama Gov. Kay Ivey's office said Tuesday that an auto parts supplier plans a $114 million investment to expand its facility in Auburn to support the production of electric vehicle parts

Dan Sullivan, 32, and Gabriella D’Agostino, 30, live in Boston where he works in sales for a fintech company and she is in marketing with a sports-and-fitness company. Together, they expect to earn nearly $300,000 this year. In 2019, they bought undeveloped land in the Adirondacks, near Lake Placid, N.Y.

Hedera Hashgraph (HBAR) has exploded following the announcement that FedNow will be integrating Hedera via the Dropp dApp, but with price rocketing up +20% - is it too late to buy Hedera?

Hyundai Motor has once again pushed the boundaries of innovation with the world premiere of its eagerly awaited fifth-generation Santa Fe. The grand unveiling took center stage on the company's YouTube channel, where viewers were treated to an immersive experience showcasing the SUV's core features. The premiere video, titled «Open for More,» not only accentuates the model's impressive attributes but also pays homage to its heritage, with filming taking place in SANTA FE, New Mexico, the birthplace of the iconic vehicle.

The home of Georgia Tech football has been renamed Bobby Dodd Stadium at Hyundai Field following a naming rights agreement between the school and the automaker

Hyundai has unveiled impressive figures for its sub-compact SUV, the Exter, with over 50,000 bookings recorded since the official commencement of bookings on May 8. The Exter was introduced in the Indian market on July 10, with an enticing entry price tag of ₹6 lakh (ex-showroom). Notably, even before the July launch, the Hyundai Exter had already secured 10,000 bookings, rapidly accelerating to exceed the 50,000 mark within a mere month of its debut.

domestic manufacturing is rightly placed. For nearly three decades from 1962 to 1988, car buyers in South Korea were forced to buy locally manufactured cars because the Korean government had imposed a ban on all imported automobiles till 1988 and the import of Japanese automobiles till 1998. Economist Ha-Joon Chang, in his book, Edible Economics, has talked about how until the early 1990, the Korean government made sure that Hyundai and other firms got access to high subsidised credits.

Maruti Suzuki emerged as the largest seller of sport utility vehicles (SUVs) in the local market last month with three of the company's new launches — Fronx, Brezza and Grand Vitara — featuring among the top 10 models sold in the segment in July. The country's largest passenger vehicle maker raced ahead of home grown automaker Mahindra & Mahindra in the fast-growing segment with sales of 42,620 units last month. Mahindra sold 36,205 units, while Hyundai Motor India was next at 32,991 units.

Hyundai India has officially revealed the prices of the Alcazar and Creta Adventure Editions, starting at ₹15.17 lakh and ₹19.04 lakh (ex-showroom), respectively. Both special edition models are available in two variants.

Maruti 800 king of the Indian road, the latest available data show companies are launching a disproportionate number of autos and other products at the higher end, reflective of a K-shaped recovery following the pandemic, said market researchers and senior industry executives. That’s narrowing choices at the lower end, where demand has been languishing in the past few years, they said. The number of car models available in the sub Rs 10 lakh category more than halved to 27 in the June quarter from 57 in FY19, according to data available with manufacturers. Models priced over Rs 10 lakh almost doubled to 50. Of the half a dozen or so passenger vehicles unveiled this fiscal year, only the Maruti Suzuki Fronx and the Hyundai Exter have variants priced below Rs 10 lakh. The Maruti Suzuki Jimny and the new Kia Seltos as well as the forthcoming Citroen C3 Aircross and the Honda Elevate are all tagged upward of Rs 10 lakh. In consumer durables, of the 170 televisions launched in the current calendar year, 100 were in the premium 50-inch-plus display size. According to electronics industry market researcher GfK India, the share of such premium televisions in total sales has grown almost four times since 2019 in the first six months of this year. GfK India data show the number of laptops priced above Rs 50,000 stood at 69% of the total models launched in the January-June period compared with 47% in the same period of 2019.

By David Shepardson

Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires

New Delhi: In a testament to India’s growing significance in the global energy landscape, top-tier international energy giants have shown enthusiasm in participating in Phase II of the country’s Strategic Petroleum Reserves (SPR) project, said minister of state in the ministry of petroleum & natural gas, Rameswar Teli. In a written reply in the Lok Sabha, the minister said, “During the two Road shows conducted, global trading companies like Trafigura, BP, SKE&C, Petrochina, GASP, Vopak, Geostock, Monnet, Hyundai, Gulf Energy, Natixis, Vitol, Glencore, DBS, KNOC, Lloyd’s Register, IC-Group, ANU Resources, Shell, Parson Brinkerhoff, Sweco AB, SKANSKA etc., evinced interest in participating in Phase II SPR project." The underground SPR storages, located in Visakhapatnam, Andhra Pradesh (1.33 MMT), Mangaluru (1.5MMT), and Padur, Karnataka (2.5 MMT), have a combined capacity of 5.33 million metric tonne (MMT) of crude oil.

Hyundai Motor India has introduced a special offer on selected car models, including i20, i20 N Line, Grand i10 Nios, Aura, Alcazar, and Kona Electric, reported HT Auto. As per the publication, customers can avail benefits up to ₹2 lakh, which encompass cash discounts, exchange bonuses, and exclusive benefits for corporate and government employees. However, it is important to note that popular models such as Creta, Venue, and Verna are not included in this particular scheme.

Bard. The startup, led by former Tesla employee Jim Keller, has raised $234.5 million to date and is currently valued at around $1 billion.

Tata Motors dealerships have started accepting pre-orders for the upcoming Punch CNG variant unofficially, reported HT Auto. To secure a booking, customers need to pay a token amount of ₹21,000. The Punch CNG model was initially showcased at the 2023 Auto Expo and is expected to be equipped with the automaker's twin-cylinder technology.

NEW DELHI : The government is considering a proposal to allow existing advanced chemistry cell (ACC) battery storage projects to apply for unutilized capacity under the production-linked incentive (PLI) scheme for the sector, two people aware of the matter said. At a 24 July meeting, some industry executives proposed allowing brownfield projects to apply for the capacity not allotted to greenfield projects, according to the people cited above. Currently, only greenfield projects are eligible for the scheme.

Tata Motors, Mercedes Benz, Volvo, Citroen and others are reportedly gearing up for their next best launches. Here are details on some of the upcoming launches: According to several media reports, Volvo is said to launch its C40 Recharge in India. It is essentially believed to be a coupe variant of the XC40 Recharge SUV, but with upgraded technology beneath the surface.

Sales of cars and utility vehicles are expected to remain strong for the fourth straight month in July, amid improved supplies and sustained demand in the local market. Around 345,000-346,000 vehicles are expected to be sold in the domestic market by the close of this month, compared with 342,000 units a year earlier. This would be the highest July sales on record in the Indian market.

Ranbir Kapoor says he is a fashion conscious person and when it comes to dressing up, he seeks inspiration from his late father Rishi Kapoor and actor-wife Alia Bhatt. The Bollywood star, who walked the ramp at the FDCI Hyundai India Couture Week (ICW) for celebrity designer Kunal Rawal on Friday, said his actor-father is a fashion icon for him. «I'm a fashion conscious person… My father loved fashion. I remember he used to shop whenever he was travelling abroad. He used to shop for his movies, whether it were the sweaters or whatever he was famous for. So he is definitely an icon to me. And I will say my wife Alia. She dresses cool,» Ranbir told PTI after the show. Apart from his family, the 40-year-old actor also looks up to Amitabh Bachchan, Shah Rukh Khan and Saif Ali Khan for their sartorial choices. At the fashion gala, Ranbir wore a black contemporary bandhgala designed by Kunal as a part of his couture collection. According to the designer, the collection is a homage to «our country and the many cultures embedded within it.»

Tata Motors has several new cars in its upcoming lineup. Tata Nexon facelift is one of the anticipated models. In a latest, spy shots of the sub-four-meter SUV undergoing testing have surfaced which is anticipated to be Tata Nexon facelift model for 2023.