Tag: Hyundai

Hyundai India predicts continued low single-digit growth for the car market in H2

The Indian car industry is expected to continue growing in low single digit growth in H2FY25 similar to the first half of the fiscal, Hyundai India’s top leadership said in a post result briefing with the media on Tuesday. As per Unsoo Kim, Managing Director of the company, post pandemic, the industry grew by more… Continue reading Hyundai India predicts continued low single-digit growth for the car market in H2

Hyundai says geopolitical conflict hurt Q2 performance

Hyundai Motor India, the country’s second-largest automaker, has reported declines in its revenue and profit, attributing the poor performance to the sentimental impact of global conflicts. Net profit fell 15.5% to Rs 1,375 crore from Rs 1,628 crore while revenue fell 7.5% to Rs 17,260 crore from Rs 18,660 crore. The company said conflicts in… Continue reading Hyundai says geopolitical conflict hurt Q2 performance

Hyundai Motor sees sharp fall in profitability in maiden results after listing

Hyundai Motor India Ltd (HMIL), the country’s second-largest carmaker, reported a 15.5% year-on-year decline in net profit to Rs 1,375.5 crore for the quarter ended September 30, 2024, as geopolitical tensions and seasonal market conditions impacted both domestic and export operations. The company’s revenue from operations fell 7.5% to Rs 17,260.4 crore, while EBITDA margins… Continue reading Hyundai Motor sees sharp fall in profitability in maiden results after listing

Hyundai India Q2 revenue, profit drop amid weak market, geopolitical strains

Hyundai Motor India Ltd reported a 7.50% year-over-year decline in revenue to Rs 17,260.38 crore, in the second quarter. The quarter saw net profit decrease to Rs 1,375.47 crore from Rs 1,628.46 crore of Q2 FY24, which the company attributed to a combination of weak market sentiments and geopolitical factors affecting the automotive sector. During… Continue reading Hyundai India Q2 revenue, profit drop amid weak market, geopolitical strains

Park Systems Founder to Deliver Keynote at the 32nd International Colloquium on Scanning Probe Microscopy (ICSPM32) in Sapporo, Japan

SUWON, South Korea, Nov. 12, 2024 /PRNewswire/ — Park Systems, a global leader in atomic force microscopy (AFM), announced that its Founder and CEO, Dr. Sang-il Park, will deliver the keynote address at the 32nd International Colloquium on Scanning Probe Microscopy (ICSPM32) in Sapporo, Japan on Nov 18, 2024. Dr. Park, a pioneer in AFM technology and its… Continue reading Park Systems Founder to Deliver Keynote at the 32nd International Colloquium on Scanning Probe Microscopy (ICSPM32) in Sapporo, Japan

Netflix’s ad tier has attracted more than 70 million subscribers

Netflix is crowing that its ad-supported tier now boasts 70 million users throughout the globe, as reported by Variety. The company announced 40 million users back in May, so this is some real growth. The streamer has been slowly ramping up its ad tier, going all the way back to 2022. Amy Reinhard, president of… Continue reading Netflix’s ad tier has attracted more than 70 million subscribers

Hyundai’s touchscreen honeymoon is over because sometimes buttons are just better

/ Focus group testing told Hyundai that people get ‘annoyed and steamed’ when using touchscreens in cars. By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Share this story The interior of the Hyundai Ioniq 6.Photo by… Continue reading Hyundai’s touchscreen honeymoon is over because sometimes buttons are just better

Hyundai Earns 2024 Great Place To Work® Certification

Surveyed Hyundai employees recognize the company as a great place to work FOUNTAIN VALLEY, Calif., Nov. 12, 2024 /PRNewswire/ — Hyundai Motor America is proud to be Certified™ by Great Place To Work®, for the second year in a row. The prestigious award is based entirely on current employees’ experience working at Hyundai and its luxury… Continue reading Hyundai Earns 2024 Great Place To Work® Certification

Strong products in all segments crucial for market share, says Maruti Suzuki

At a time when most of the passenger vehicle makers are increasingly favoring sports utility vehicles, India’s largest car maker Maruti Suzuki India Ltd believes it is crucial to have a strong product lineup across all mass-market car segments for a high market share. “Although the SUV segment is growing, all the other segments are… Continue reading Strong products in all segments crucial for market share, says Maruti Suzuki