Hyundai, Kia’s Europe sales down 7.5 pc in October
Combined vehicle sales of Hyundai Motor and Kia, South Korea's leading automakers, in Europe fell 7.5 per cent in October from a year ago, industry data showed on Thursday.
Combined vehicle sales of Hyundai Motor and Kia, South Korea's leading automakers, in Europe fell 7.5 per cent in October from a year ago, industry data showed on Thursday.
The initial public offering (IPO) of Hyundai Motor India saw a lukewarm response from investors on Tuesday, with the issue subscribed 0.18 times or 18 per cent on Day 1 of the subscription.
It included 21 domestic mutual funds through a total of 83 schemes (34.42 per cent of the total allocation to anchor investors).
IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030.
Hyundai Motor, South Korea's biggest carmaker, said on Wednesday its sales fell 3.7 per cent last month from a year earlier on weak overseas demand.
The combined market capitalisation of Hyundai Motor and Kia is widely expected to surpass the 100 trillion-won ($72.2 billion) mark this year, according to industry watchers.
The combined overseas production of Hyundai Motor and Kia, including in India, surpassed 3.68 million units in 2023
Hyundai Motor, South Korea's top carmaker, and its sister company, Kia, are set to post combined exports of 2 million units in 2023, data showed on Sunday, on the back of the post-pandemic market recovery.
Hyundai Motor on Monday launched the N brand’s first all-electric model, the Ioniq 5 N, in the domestic market as…
Xiaolang Zhang was accused for downloading inside Apple records about the vehicle that Apple intends to unveil in 2024.
