Hyundai Motor Company is poised to significantly expand its influence over the third-largest Asian economy, following the listing of its Indian subsidiary, by solidifying its long-term presence in the country. By accessing local capital markets, Hyundai can tap into Indian investments, allowing the company to reinvest locally and support its expansion plans. This move aligns… Continue reading How Hyundai Motor is strengthening its commitment to India with a strategic NSE listing
Tag: Hyundai
Autocar magazine 23 October: on sale now
In this week’s magazine we take a look at McLaren W1’s biggest rival, the Ferrari F80, Porsche’s 25th Anniversary GT3 911 model, Tesla’s Robotaxi and some more updates from last week’s Paris Motor Show. Plus, Honda boss Toshihiro Mibe claims the brand’s time has come, as he shares plans for new EVs. News Steve Cropley… Continue reading Autocar magazine 23 October: on sale now
GM outpaces US rivals in Q3, even with fewer EV incentives
General Motors (GM) continued its run this year, topping Wall Street’s estimates again in the third quarter. After outpacing Ford and Hyundai in Q3, GM is now the second-best-selling EV maker in the US despite offering fewer incentives. With a record 32,095 electric vehicles sold in the third quarter, up 60% from Q3 2023, GM’s… Continue reading GM outpaces US rivals in Q3, even with fewer EV incentives
CNBC Daily Open: High interest rate worries pressure stocks
Traders work on the floor at the New York Stock Exchange on March 5, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You… Continue reading CNBC Daily Open: High interest rate worries pressure stocks
Kia EV9 recalled because digital gauge cluster can fail
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Hyundai India shares drop 5% on debut
Even though the company’s US$3.3 billion IPO was largely backed by institutional investors, retail participation was muted. Go to Source
Kia Xceed
Kia describes the Xceed as a crossover utility vehicle, which is a term that has a vagueness to it bordering on tautology and hints that the increase in ground clearance over the regular Kia Ceed hatchback is, at best, modest. In fact, the difference is only around 40mm, but because of the unique bodywork and plastic wheel arch extensions,… Continue reading Kia Xceed
@Hyundai: Kia Announces 2025 EV9 Pricing
Many trims see no change in pricing from MY 2024 Kia America has announced pricing for the award-winning all-electric 2025 Kia EV9 three-row EV SUV, with only the Light Long Range trim seeing a modest increase of just $700. Pricing for all other trims remains a carryover from 2024. The EV9 is the recipient of… Continue reading @Hyundai: Kia Announces 2025 EV9 Pricing
Hyundai Motor India shares plunge 7% on debut after country’s biggest IPOHyundai was targeting a valuation of $19 billion via the offering.
Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country’s biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown. The stock listed at 1,934 rupees on the National Stock Exchange, below its offer price of… Continue reading Hyundai Motor India shares plunge 7% on debut after country’s biggest IPOHyundai was targeting a valuation of $19 billion via the offering.
Hyundai Motor India eyes 15% market share in EV segment backed by new launches
Post listing, Hyundai Motor India (HMI) is looking to penetrate the EV segment, as it eyes a 15% market share in the near future, backed by a series of upcoming launches and a robust localisation strategy. India’s second largest car maker Hyundai Motor India debuted on the stock exchanges on Tuesday. This IPO has become the… Continue reading Hyundai Motor India eyes 15% market share in EV segment backed by new launches