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Hyundai Inks Pact To Acquire GM India’s Talegaon Manufacturing Facility

New Delhi, Mar 13: Hyundai Motor India on Monday said it has inked a term sheet to potentially acquire land, buildings and certain manufacturing equipment at General Motors India’s Talegaon-based manufacturing plant. The company has inked a “term sheet” for the potential acquisition of identified assets related to the Maharashtra-based facility, the country’s second largest […]

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Hyundai Aims To Tap Rising Demand For Aspirational Models In Rural Areas

Hyundai Motor India is looking to tap growth opportunities in the rural areas with rise in demand for aspirational products like sports utility vehicles and feature-rich models, according to company’s Chief Operating Officer Tarun Garg. The country’s second largest carmaker is looking to enhance presence in the smaller towns and rural areas with more sales […]

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Hyundai Launches New Tucson Tagged At Rs 27.69 lakh

Hyundai Motor India on Wednesday launched the all new version of its range topping SUV Tucson with price starting at Rs 27.69 lakh (ex-showroom). The fourth-generation version of the model comes with petrol and diesel powertrains, mated with six and eight-speed automatic transmissions, respectively. “We remain committed to our customers in India, as we continue […]

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Hyundai Motor India Expects Semiconductor Shortage Issue To Improve Next Year

Hyundai Motor India expects semiconductor shortage issue to improve next year and emergence of a clear picture on the competitive scenario as it faces production constraints at present, according to a senior company official. The second largest passenger vehicle maker in the domestic market by volume has been facing stiff competition from homegrown manufacturers Tata […]

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Hyundai Unveils All-New Tucson

Hyundai Motor India on Wednesday unveiled an all-new version of its range-topping SUV Tucson. The fourth-generation version comes with petrol and diesel powertrains, mated with six and eight-speed automatic transmissions, respectively. The petrol and diesel trims feature two-litre engines generating an output of 156 PS and 186 PS of power, respectively. Hyundai Motor India MD […]

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Ganesh Mani Quits Hyundai Motor India

Korean auto maker Hyundai Motor India on Tuesday said its Director – Production, Ganesh Mani S has decided to move on to pursue newer opportunities. Hyundai Motor India has shared a mutually enriching relation with Mani over the last seven years and his valuable contributions have significantly added to the company’s operational excellence at the […]