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India benefits from US-China trade war
Posted on 6th March 2019
India’s overall export-import (Exim) container trade increased 6% during the fourth quarter of 2018 on the back of spike in refrigerated cargo by China.

According to the Maersk India trade report for the quarter ended December 31, 2018, the imports grew 9% in the same quarter.

Hyundai Creta crosses 5 lakh milestone
Posted on 27th February 2019
NEW DELHI: Hyundai Motor India Wednesday said its SUV Creta has crossed 5 lakh cumulatives sales milestone since its launch in July, 2015.

The company has sold 3.7 lakh units of the SUV in India and over 1.4 lakh units across international markets.

Alto, Dzire India’s top selling cars; Maruti Suzuki, Hyundai dominate best-seller list
Posted on 21st February 2019
Maruti Suzuki and Hyundai India dominated the list of top 10 passenger vehicles sold in January, not leaving space for any other carmaker for the third consecutive month.

Data collated from the Society of Indian Automobile Manufacturer (SIAM) and independent research show that vehicles from Maruti Suzuki bagged seven positions, while Hyundai’s cars grabbed the remaining place in the monthly bestsellers chart.

Hyundai commences doorstep repairs and servicing
Posted on 18th February 2019
Hyundai car owners rejoice. The South Korean carmaker has started a new initiative wherein it will carry out repair services at a location of customers’ choice. Periodic services, minor repairs, dry wash and car cleaning are some of the services covered under this initiative.

Customers can book and pay for the doorstep services online.

Hyundai seeks incentives, infra support from govt for electric vehicles
Posted on 24th January 2019
Hyundai Motor India Ltd (HMIL) has sought incentives and infrastructure from the government to support electric vehicles. The development comes at a time when the company announced that it will start manufacturing electric cars from second-half of next year at its facility near Chennai for the domestic market.

Hyundai, Kia Motors to recall 168,000 US vehicles at risk of fuel leaks
Posted on 17th January 2019
Hyundai Motor Co and affiliate Kia Motors Corp said on Wednesday they will recall about 168,000 US vehicles at risk of fuel leaks, after recalling them in 2017 for engine fire risks, and will offer software upgrades for 3.7 million vehicles.

A high-pressure fuel pipe may have been damaged or improperly installed as part of an engine replacement during the prior recall, and that installation could increase the risk of fire, the companies said.

Hyundai's Chennai plant workers protest over alleged delay in wage pay
Posted on 10th January 2019
A section of workers in Hyundai Motor’s Chennai plant held a one-day token hunger strike on Wednesday, as the wage settlement talks with the management were inconclusive.

The permanent workers, under the recognised union, had earlier decided to stay away from over time operations, and alleged the company was using the trainees to substitute skilled workers.

Hyundai ownership revamp: Scion to take charge, complete rejig in 2019
Posted on 2nd January 2019
The heir apparent of Hyundai Motor Group said on Wednesday he will complete a restructuring in 2019 as he moves to formally take over from his father at the helm of South Korea's second-biggest conglomerate.

Euisun Chung made the comments in his first New Year address to employees in the absence of his 80-year-old father, the clearest sign that he is now in charge of the group as it plans its first leadership transition in about two decades.

Hyundai Motor reveals world’s first smart fingerprint technology to vehicles – All you need to know
Posted on 29th December 2018
This week, Hyundai Motor Company announced the world’s first smart fingerprint technology that allows drivers to not only unlock doors, but also start the vehicle. Hyundai plans to implement the technology initially in the Santa Fe SUV model that is to be released in select global markets in the first quarter of 2019.

Hyundai, South Korea govt eye low-cost carmaking JV despite stiff protests
Posted on 5th December 2018
South Korea's Hyundai Motor and a local government partner are aiming to sign a final deal this week on a low-cost carmaking joint venture despite stiff opposition from labour unions who fear the move would cause job losses and cut wages.

In a first such move for Korea's biggest automaker, Hyundai and the southwestern city of Gwangju agreed on Tuesday on a preliminary deal to jointly build a new factory which will have an annual capacity of 100,000 mini-SUVs starting in 2021.

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