Hyundai Ioniq 9 electric SUV is here, and it comes with
Our commitment to electric vehicles The advantage of the EV9, a large vehicle with a large wheelbase, is that its cabin is as big as you'd expect. Yes, this is a 3-row full-size SUV, but it's its spacious cabin that will surprise you. The second-row captain's chairs swivel 180 degrees, providing true lounge seating - if your market regulations allow it. But if they do, the cabin's sheer size, huge greenhouse and panoramic sunroof, combined with the soft tones inside the cabin, really give the Ioniq 9 a lounge-on-wheels feel that we've had since its inception It has been promising electric cars ever since. So, how did we get here? The question is, how do modern designers actually unlock all this cabin space? The answer is that they do it in a very clever way. You see, traditional good design means that a large car must have certain attributes that give it a cohesive shape—it must have a long hood…
Hyundai Motor India Ltd. IOP to open on October 15;
Hyundai Motor India's IPO will begin next week. This is one of the most concerning public issues in recent times. Hyundai Motor India's IPO will be launched on October 15. It will be the largest offering to date, with the IPO closing on October 17. The company plans to raise Rs 27,870.16 crore by selling Rs 1,422 crore of promoter shares. The IPO price range is Rs 1,865 to Rs 1,960 per share. The company's share allotment will be completed on October 18. The issue also includes 778,400 equity shares reserved for employees, which will be sold at a discount of Rs 186 to the issue price. It will be listed on the exchange on October 22. Also read: Hyundai Motor India's July sales fell 10% year-on-year, and September sales were 64,201 vehicles The price range of the offer has been fixed from Rs 1,865 per equity share to Rs 1,960 per equity share. Bids can be made for a…
Hyundai Motor India’s July sales fell 10% year-on-year
Hyundai Motor India's sales fell 10% year-on-year last month, reflecting challenges in a highly competitive market. In September 2024, the company sold 64,201 vehicles and continued to occupy a significant position in the Indian automobile industry. Despite declining sales, Hyundai remains focused on offering a variety of vehicles, including SUVs and electric models. The sales decline could be due to market changes or shifting consumer preferences, but Hyundai hopes to recover through its strong product lineup and strategic efforts. The company's performance in India remains important as it faces increasing competition and changing industry trends. Also read: Hyundai Creta electric car interior features three-spoke steering wheel ahead of India launch Hyundai Motor Sales Data: September 2024 Hyundai India reported total sales of 64,201 units in September 2024, of which 51,101 units were sold in the domestic market and 13,100 units were exported. This is a 10% decrease compared to September 2023. However, overall sales increased slightly by 1% compared to…
Hyundai India sells over 5.13 lakh vehicles in first eight months
In August 2024, Hyundai Motor India Limited (HMIL) reported total sales of 63,175 units (49,525 domestic and 13,650 international). The South Korean automaker also reported total sales of over 5.13 lakh units in the year to date (January-August 2024), up 2.06% year-on-year. Commenting on the brand's performance in August, Tarun Garg, Whole-time Director and COO, HMIL said, "SUVs led by models like Creta, Venue and Exter remain the key growth drivers for HMIL in 2024, contributing 66.8% to domestic sales. We are about to launch the bold new 6 and 7-seater SUV Hyundai Alcazar, which we are sure will receive a strong response during the festive season." Also read: Hyundai Aura Hy-CNG E model launched in India, priced at Rs 7.49 lakh, with two-cylinder configuration Hyundai Alcazar will be launched in India on September 9 Hyundai India will launch the facelifted Alcazar on September 9. The car will be available in four different variants and nine paint finishes. The Creta-based…
Hyundai Motor India sales fell 3% to 64,563 units
In July 2024, Hyundai Motor India Limited (HMIL) sold a total of 64,563 units, of which 15,550 were exported and 49,013 were sold domestically. This is a year-on-year decrease of 3.2%. In July last year, the automaker sold a total of 66,701 vehicles, according to a statement from the company. In addition, in July 2024, vehicle shipments to domestic dealers fell 3.3% to 49,013 units from 50,701 units last year. Exports fell 2.81% year-on-year to 15,550 units, indicating the same challenges. Meanwhile, the South Korean automaker's total sales from January to July this year exceeded 450,000 units, a year-on-year increase of 4.31%. Commenting on the latest sales performance, Tarun Garg, Whole Time Director and COO, HMIL said, "During January-July 2024, our overall sales grew by 4.31% year-on-year. SUVs continued to show strong contribution and accounted for 66.6% of HMIL's total domestic sales. The new Hyundai CRETA achieved the key milestone of 1 lakh units sales while achieving the highest ever…
Hyundai Motor India sales fell 3% to 64,563 units
In July 2024, Hyundai Motor India Limited (HMIL) sold a total of 64,563 units, of which 15,550 were exported and 49,013 were sold domestically. This is a year-on-year decrease of 3.2%. In July last year, the automaker sold a total of 66,701 vehicles, according to a statement from the company. In addition, in July 2024, vehicle shipments to domestic dealers fell 3.3% to 49,013 units from 50,701 units last year. Exports fell 2.81% year-on-year to 15,550 units, indicating the same challenges. Meanwhile, the South Korean automaker's total sales from January to July this year exceeded 450,000 units, a year-on-year increase of 4.31%. Commenting on the latest sales performance, Tarun Garg, Whole Time Director and COO, HMIL said, "During January-July 2024, our overall sales grew by 4.31% year-on-year. SUVs continued to show strong contribution and accounted for 66.6% of HMIL's total domestic sales. The new Hyundai CRETA achieved the key milestone of 1 lakh units sales while achieving the highest ever…
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