As per Deloitte, the average salary hike in the auto sector this year is 10.4%. The increments for top performers in the sector are higher than 2023. New Delhi: Automakers have taken the lead in salary increases among all sectors in India, handing out double-digit hikes to their employees for fiscal 2024 amid a robust… Continue reading Automakers take lead in FY24 salary hikes with double-digit raises
Tag: Hyundai
Clean Technica: EVs At 24.1% Share In France — Down YoY As Trade Barriers Kick In003491
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The June auto market saw plugin EVs at 24.1% share in France, down from 26.9% year on year. Volume of both BEVs and PHEVs was down YoY, declining more than the overall market drop. Overall auto volume was 181,711… Continue reading Clean Technica: EVs At 24.1% Share In France — Down YoY As Trade Barriers Kick In003491
GM tops Q2 and first half EV sales records as Chevy Blazer, Equinox EVs roll out
GM broke Q2 and first-half EV sales records with new models like the Chevy Blazer and Equinox EVs hitting the market. However, GM’s new electric cars were not the only ones driving growth, as sales of the Cadillac Lyriq and GMC Hummer EVs also surged. GM EV sales pick up, breaking Q2 and first-half records… Continue reading GM tops Q2 and first half EV sales records as Chevy Blazer, Equinox EVs roll out
GM reports best U.S. quarterly sales since 2020
Vehicles are offered for sale at a GM dealership in Lincolnwood, Illinois, on June 20, 2024. Scott Olson | Getty Images DETROIT — General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles. The Detroit automaker on Tuesday reported sales of 696,086 for… Continue reading GM reports best U.S. quarterly sales since 2020
@Hyundai: Kia America Records Highest First-Half EV Sales in Company History
Second-best first-half sales on record Carnival, Forte, Sportage and Seltos achieve largest first-half sales in history Kia America delivered highest first-half EV sales in company history. Kia also marked the second-best first-half total sales. The brand’s best-selling models through the first half of 2024 were the Sportage SUV and Forte sedan. Kia America sold more… Continue reading @Hyundai: Kia America Records Highest First-Half EV Sales in Company History
KIA AMERICA RECORDS HIGHEST FIRST-HALF EV SALES IN COMPANY HISTORY
Second-best first-half sales on record Carnival, Forte, Sportage and Seltos achieve largest first-half sales in history IRVINE, Calif., July 2, 2024 /PRNewswire/ — Kia America delivered highest first-half EV sales in company history. Kia also marked the second-best first-half total sales. The brand’s best-selling models through the first half of 2024 were the Sportage SUV and… Continue reading KIA AMERICA RECORDS HIGHEST FIRST-HALF EV SALES IN COMPANY HISTORY
Hyundai Mobis restructures divisions to improve efficiency
A Mobis front end module South Korea’s largest automotive components manufacturer, Hyundai Mobis, said it was restructuring some of its operations to improve efficiency and strengthen long term planning, according to local reports. The Hyundai Motor Group affiliate said it was merging its electrification and modules divisions with the aim of also cutting costs following… Continue reading Hyundai Mobis restructures divisions to improve efficiency
Tata Motors PV sales up 7% at 293,114 units, EVs rise 5% to 37,219 units in H1 2024
Tata Motors, which had registered record passenger vehicle sales in FY2024 and CY2023, has released its wholesales numbers for June 2024 as well as the first quarter of FY2025. What’s apparent is that growth is slowing down for the company. Despite being in growth zone in the first six months of 2024 with dispatches of… Continue reading Tata Motors PV sales up 7% at 293,114 units, EVs rise 5% to 37,219 units in H1 2024
Kia India’s June sales up 10% at 21,300 units, first-half 2024 numbers down 7%
Kia India has announced dispatches of 21,300 vehicles in June 2024, which makes for a 10% year-on-year increase (June 2023: 19,391 units). While first-quarter FY2025 (April-June 2024) sales at are 60,768 units are down 10% YoY (Q1 FY2024: 61,373 units), the company’s cumulative sales for the first six months of CY2024 add up to 126,108… Continue reading Kia India’s June sales up 10% at 21,300 units, first-half 2024 numbers down 7%
How one of the world’s strongest car unions is dealing with EV job losses
In South Korea, Hyundai Motor Co. and Kia Corp.’s moves toward electrification are provoking similar anxieties in that country’s highly active and organized labor movement. The threat to jobs caused by the electric vehicle transition isn’t just a hot-button issue in the US, where a presidential election campaign is in full swing. In Japan, the… Continue reading How one of the world’s strongest car unions is dealing with EV job losses