The Kia Proceed has been pulled from the Korean firm’s UK line-up after 16 years due to languishing sales. Kia confirmed it was “rationalising” the Ceed model line to “focus on the most popular models”. The Proceed accounted for “a relatively small proportion” of Ceed sales, said the firm. The Ceed – in both hatchback and estate forms… Continue reading Kia Proceed axed after 16 years on sale
Tag: Hyundai
Hyundai India drops on listing day after record $3.3b IPOIts IPO was oversubscribed more than two-fold, led by institutional investors.
Hyundai Motor India’s shares dropped 5% in their market debut on Tuesday, after a tepid response from retail investors to the country’s largest-ever initial public offering over its pricing. The stock listed at 1,934 rupees on the National Stock Exchange, compared to its offer price of 1,960 rupees, and was last trading at 1,860 rupees at… Continue reading Hyundai India drops on listing day after record $3.3b IPOIts IPO was oversubscribed more than two-fold, led by institutional investors.
Hyundai India stock falls as much as 4.6% after record IPO
Shares of Hyundai Motor India fell as much as 4.6% soon after their stock market debut, but stabilised soon after. The automaker’s shares made their debut on the stock exchanges at a discount to the issue price. The listing price on the National Stock Exchange was Rs 1,934, representing a discount of 1.3% on the… Continue reading Hyundai India stock falls as much as 4.6% after record IPO
The IPO will help us become a truly local champion in India: Hyundai’s Jaehoon Chang
India’s second largest car maker Hyundai Motor India’s (HMI) debut on the National Stock Exchange marks an important milestone for the South Korean manufacturer as it primes for its next phase of growth in the Indian market, Jaehoon Chang, President & CEO, Hyundai Motor Corporation (HMC) said during the listing ceremony on Tuesday. “For 28 years,… Continue reading The IPO will help us become a truly local champion in India: Hyundai’s Jaehoon Chang
Hyundai Motor Group taking next big step in India with IPO, Chairman Euisin Chung
South Korean automaker Hyundai Motor Group is now taking the next big step in India with the Initial Public Offering of Hyundai Motor India Ltd, according to Hyundai Motor Group Executive Chair Euisun Chung. “Today’s IPO shows that HMIL is a key part of India. It demonstrates our commitment to this great nation and ensures… Continue reading Hyundai Motor Group taking next big step in India with IPO, Chairman Euisin Chung
Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%
India’s second largest car maker Hyundai Motor India made its debut on the stock exchanges on Tuesday as its equity shares started trading at a listing price of Rs 1,934 on the NSE. The listing price represents a 1.3% discount to the issue price of Rs 1,960. This IPO has become the largest in the… Continue reading Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%
5-Axis CNC Machining Centers Market to grow by USD 792.5 Million from 2024-2028, driven by self-optimized cutting technology, with AI powering market evolution – Technavio
NEW YORK, Oct. 21, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global 5-axis CNC Machining Centers Market size is estimated to grow by USD 792.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.09% during the forecast period. Self-optimized machine cutting is… Continue reading 5-Axis CNC Machining Centers Market to grow by USD 792.5 Million from 2024-2028, driven by self-optimized cutting technology, with AI powering market evolution – Technavio
Pipelay Vessel Operator Market to grow by USD 55.4 Million from 2024-2028, driven by rising global oil and gas demand, with AI impacting market trends – Technavio
NEW YORK, Oct. 21, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Pipelay Vessel Operator Market size is estimated to grow by USD 55.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.63% during the forecast period. Rising demand for oil and… Continue reading Pipelay Vessel Operator Market to grow by USD 55.4 Million from 2024-2028, driven by rising global oil and gas demand, with AI impacting market trends – Technavio
@Hyundai: Kia launches ‘Opposites United: Intersections Beyond Boundaries’ exhibition in Seoul
Kia brings ‘Opposites United: Intersections Beyond Boundaries’ to SPACE S1 in Seongsu-dong from October 19th to November 2nd, 2024 Inspired by the brand’s ‘Opposites United’ design philosophy, the diverse art installation embodies bold, forward-thinking design Exhibition of immersive media and performances invites visitors to enter a world free from limitations Kia Corporation (Kia) is introducing… Continue reading @Hyundai: Kia launches ‘Opposites United: Intersections Beyond Boundaries’ exhibition in Seoul
Rupee will need support from central bank amid possible outflows
The central bank had intervened to manage the impact of foreign outflows. The Indian rupee is expected to hold near all-time lows on Monday amid possible outflows related to the Hyundai Motors India initial public offering and foreign equity outflows. The one-month non-deliverable forward indicated that the rupee will open barely changed from the last… Continue reading Rupee will need support from central bank amid possible outflows