Hyundai Motor Group posts record sales in US in 2024
South Korea's Hyundai Motor Group said on Sunday it has posted record sales in the United States in 2024, driven by the popularity of SUVs, minivans and eco-friendly models.
South Korea's Hyundai Motor Group said on Sunday it has posted record sales in the United States in 2024, driven by the popularity of SUVs, minivans and eco-friendly models.
India’s car sales ended the year on a high with market leader Maruti Suzuki India recording a 30 per cent jump in sales to 1,78,248 units in December 2024 from 1,37,551 units in the same month last year.
Combined vehicle sales of leading South Korean automakers Hyundai Motor and Kia in Europe fell 10.5 per cent in November from a year ago, industry data showed on Thursday.
Shares of Hyundai Motor India, that were listed at Rs 1,931 apiece, have slipped more than 10 per cent from its IPO price.
The chiefs of Hyundai Motor Group and Toyota Motor Corp said on Sunday that the two carmakers will cooperate in the motor sports division in their first public appearance at a racing event.
Research and development (R&D) expenditures by major South Korean companies hit an all-time high last year despite their falling sales amid an economic slowdown, data showed on Sunday.
South Korea's top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China's tech giant Baidu to develop technologies for connected cars.
Hyundai Motor and Kia on Monday entered into a strategic partnership with leading battery company Exide Energy, as part of their electric vehicle (EV) expansion plans in India.
Hyundai launched its first EV model, the BlueOn, which was based on the i10 mini car, in the domestic market in July 2011.
Hyundai Motor Group's autonomous vehicle joint venture in the US plans to manufacture its self-driving electric vehicles in the group's newly launched innovation hub in Singapore, the company said on Wednesday.
