Hyundai Financial News

28.07 / 10:42
UPS Manufacturing Volkswagen Toyota Hyundai Nissan Renault-Nissan set to produce two new electric vehicles: Report
electric vehicle that Renault-Nissan plans to launch in the Indian market remains unclear. However, they already offer an electric version of the Kwid called the Dacia Spring in the global market. The Dacia Spring features a single electric motor generating 44 hp of maximum power in its base variant, and it claims a driving range of 230 km on a single charge.
28.07 / 02:01
COST BMW Mercedes-Benz Hyundai Honda network GM, Honda, Hyundai, other major automakers announce plan to build electric vehicle charging network
FreedomWorks senior economist Steve Moore discusses President Biden’s costly electric vehicle push on «The Bottom Line.»
27.07 / 07:09
Target Tesla BMW Hyundai Honda country Top automakers in US want to counter Tesla's EV charging dominance with a new company
Driving Change: Tesla to rollout budget model for Asian markets The seven collaborating companies include General Motors, Stellantis, Hyundai Motor and its Kia affiliate, Honda, BMW and Mercedes. These companies represent almost 50 percent of the vehicle sales in the US market - a possibility that could lead to antitrust concerns.
27.07 / 04:27
Tesla BMW Hyundai Honda network New electric vehicle charging network being built by major automakers could lure more buyers to EVs
The announcement Wednesday that seven automakers will build a large North American electric vehicle charging network should pull people off the sidelines to at least consider switching from gas-powered vehicles
26.07 / 17:01
Provident Target Tesla BMW Hyundai Honda network In challenge to Tesla, major automakers launch EV charging network
(Reuters) — A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the United States in a challenge to Tesla (NASDAQ:TSLA) and a bid to take advantage of Biden administration subsidies.
26.07 / 15:31
Target Tesla Mercedes-Benz Hyundai Highways Honda Big Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push
A group of major automakers is planning a joint investment to build thousands of electric-vehicle chargers in the U.S., people familiar with the plan said, a bid to ease a shortage of charging spots that deters many consumers from choosing EVs. The companies—BMW, General Motors, Honda Motor, Hyundai Motor, Kia, Mercedes-Benz and Jeep maker Stellantis—plan to collectively invest at least $1 billion in a joint-venture company that will build out charging stations, the people said. The group is targeting the addition of around 30,000 fast chargers in urban and highway areas over several years.
26.07 / 10:17
Citi Digital Toyota Hyundai Honda Inside Honda reveals ARAI-claimed mileage of its Elevate SUV, to launch in September, 2023
Honda Elevate features a 1.5-liter NA petrol engine paired with both a six-speed manual and a CVT unit. The gasoline motor delivers 119bhp and 145Nm of peak torque, with ARAI-certified fuel efficiency figures of 15.31kmpl for the manual variant and 16.92kmpl for the automatic variant. However, unlike the Honda City, the Elevate SUV does not come with a hybrid powertrain setup.
26.07 / 07:59
UPS CEO Tesla Hyundai Hyundai Motor lifts full-year outlook as Q2 profit up 15%
South Korea’s Hyundai Motor Co raised its annual sales and profit margin guidance on Wednesday, after recording a 15% rise in quarterly net profit helped by a weaker won currency, robust sales of electric vehicles (EVs) and increased production.
26.07 / 05:21
CEO Compilation Tesla Hyundai Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales of high-margin sport utility vehicles and increased output following an easing in global semiconductor shortages.
24.07 / 17:45
COST Provident Manufacturing Apple Hyundai country Vestigial luxury has its own logic, market
Functionality is a key feature. Being seen with an Apple iPhone 14 Pro Max costing ₹1.9 lakh also provides features considered 'worth the value'. But a product's 'luxury quotient' alone can be enough for an increasing number of consumers.
24.07 / 16:03
UPS Manufacturing awards Hyundai performer electronic Battery PLI aspirants split on capacity to be offered for bids
ACC) batteries with support from the performance linked incentive (PLI) scheme are split down the middle in their demands from the centre. These views were collected during consultations called by the Ministry of Heavy Industries for bidding out 20 GW or Rs 7,240 crore worth PLI sops. “Some larger companies wanted to corner the entire 20 GW of PLI sops for one player.
21.07 / 09:49
UPS Manufacturing CEO Hyundai performer Industrial robotics startup Ati Motors raises $10.85 million funding from True Ventures, others
Ati Motors, maker of autonomous industrial robots, on Friday announced the close of its new funding round of $10.85 million. The Series A round was led by True Ventures. Athera Ventures Partners joined as a new investor, while existing investors Blume Ventures, Exfinity Ventures and MFV Partners also participated.
20.07 / 09:29
Provident FIVE Hyundai electronic exclusive Features Maruti Suzuki Brezza updated; certain variants lose crucial safety features
Maruti Suzuki has discreetly introduced an update to the Brezza model, bringing noteworthy changes to its feature list and technology arrangement among specific variants. According to the recently released brochure on the company's website, the refreshed Brezza now includes seatbelt reminders as a standard feature for all five passengers. Previously, this safety feature was restricted to the front seats alone.
19.07 / 13:03
Volkswagen Tesla Hyundai network Automakers plug into Tesla's EV charging network
Tesla's North American Charging Standard (NACS) is more widely available and reliable than rival charging network CCS, which is backed by automakers such as Volkswagen and Hyundai Motor.
19.07 / 07:49
Ford Manufacturing Gap Remark Hyundai testing Mahindra XUV500 Coupe spotted testing. Here's what to expect
SUV-coupe variant of the XUV500, at the Auto Expo back in 2016. Recently, exciting news has emerged as the test mule of this vehicle has been spotted on Indian roads for the very first time.  Alongside it, another test mule, that of the XUV700, was also seen during the testing phase. This development has sparked anticipation and curiosity among automotive enthusiasts, eager to witness the innovative design and features that these new models may bring to the market.
14.07 / 10:11
Manufacturing Parke Hyundai Nissan stars Citroen C3 manufactured in Brazil scores zero stars in Latin NCAP crash test
Citroen C3 achieved 12.21 points in adult occupant protection, 5.93 points in child occupant protection, 23.88 points in pedestrian and vulnerable road users protection, and 15 points in safety assist systems.  However, it remains uncertain whether the Indian and Brazilian versions of the C3 are identical, as the manufacturer has yet to confirm this information. As per the report from media publication, the tested vehicle was equipped with various safety features including Electronic Stability Control, dual front airbags, seatbelt load limiters, ISOFIX child-seat mounts, and seat belt reminders. In the Indian market, the C3 model comes with a set of standard safety features such as dual airbags, Anti-lock Braking System with Electronic Brake Distribution, rear parking sensors, rear door child locks, an engine immobilizer, and a high-speed alert system.
13.07 / 18:39
UPS FIVE Platform Hyundai Data recap: Poverty report, gaming tax, inflation
second spotcontinued between Hyundai Motor and Tata Motors.     This was a particularly rainy week in northern India, with loss of lives and property reported in multiple states, especially the hills.Delhireceived 40% of its seasonal rainfall in just a two-day period. Till 30 June, the monsoon deficit for the entire country was 10% of the long-period average.
13.07 / 18:39
UPS Manufacturing Toyota Hyundai Innova compensation Compensation cess and your UV buying plans
SUV (sport utility vehicle) or MUV (multi-utility vehicle) the GST Council’s decision to change the definition of UVs that attract a compensation cess of 22% may have implications. Mint explains the changes and the impact on buyers. All motor vehicles, barring electric vehicles, are taxed in the highest GST slab of 28%.
12.07 / 18:11
MET Hyundai GM India gets conditional approval from Maharashtra govt for Talegaon plant closure
Talegaon plant. While the move brings it a step closer towards settling a deal with the warring union and then inking a commercial agreement with Hyundai Motor India Ltd, GM’s exit from India is far from over. The approval is based on certain conditions that relate to the separation package, seeking a no objection certificate from various agencies and sharing job related details of the workers with the buyer—HMIL.
12.07 / 13:03
UPS Provident FIVE Hyundai Chevrolet Edmunds: 5 hidden automotive gems that no one buys
In the new car market, there exist some hidden gems — excellent vehicles with a lot to offer that are overlooked by many shoppers
12.07 / 11:15
Hyundai Maruti Suzuki Fronx CNG launched in India at ₹8.41 lakh. All details here
₹8.41 lakh and ₹9.27 lakh, respectively. Both these prices are ex-showroom.  Interestingly, the automaker has claimed a fuel efficiency figure of 28.51 km/kg. Moreover, the Fronx CNG is set to compete against the Hyundai Exter CNG.

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