Hyundai Motor Company Stock News

As many as 20 companies including Hyundai Motor India, Suzuki Motor Gujarat, Ashok Leyland, Mahindra & Mahindra (M&M), Hero MotoCorp, Bajaj Auto, Ola Electric Technologies have been approved for the Production Linked Incentive (PLI) Scheme for the automobile sectors.“The Scheme has been a huge success in terms of overwhelming response received with a proposed investment of Rs 45,016 cr from approved applicants”, the Ministry of Heavy Industries said in a statement Friday. Apart from Indian business groups, approved applicants for Champion OEM Incentive scheme include groups from countries such as Republic of Korea, USA, Japan, France, Italy, UK and Netherlands. As many as 115 companies had applied for the Rs 25,938 crore production-linked incentive (PLI) scheme for the automotive and auto component sector notified by the government in September last year. Of the applicants, 13 are original equipment manufacturers (excluding 2-wheeler and 3-wheeler companies) and seven are 2W & 3W OEMs.

© Reuters. FILE PHOTO Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu October 4, 2012. Picture taken October 4, 2012. REUTERS/Babu By Aditi Shah NEW DELHI (Reuters) Ford Motor (NYSE:) Co, Suzuki Motor Corp and Hyundai Motor are among 20

By Aditi Shah NEW DELHI (Reuters) Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian governments $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters.

NEW DELHI (Reuters) Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian governments $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters. The federal cabinet last year approved a plan for the automobile sector aimed at boosting Read More

Ford Motor Co , Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian government''s $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters.

Hyundai Motor Group is the top-ranked automaker in J.D. Power''s 2022 U.S. Vehicle Dependability Study (VDS) with its Hyundai, Kia and Genesis nameplates taking three of the industry''s top four brand rankings overall, including the top spot. Kia is the top-ranked brand overall, including all mass-market and premium brands, and Genesis is the top-ranked premium brand and fourth overall. Hyundai Motor is ranked third overall, based on VDS''s PP100 (problems per 100 vehicles) scoring criteria… Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=285133

South Korean automaker Hyundai Motor announced it will again move into the Japanese market 12 years after leaving due to disappointing sales.

New Delhi [India], February 10 (ANI): Hyundai Motor has expressed deep regrets over the offence caused to Indians due to an "unauthorized" tweet on Kashmir from the official account of the Pakistan Hyundai. "As a business policy, Hyundai Motor Company does not comment on political or religious issues in any specific region. Therefore, it is clearly against Hyundai Motor''s policy that the independently-owned distributor in

NEW DELHI, India – Global automaker Toyota Motor and fast-food chain Domino’s Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for disputed Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday, February 8, over social media posts by Hyundai Motor’s Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japan’s Suzuki Motor, majority owner of India’s biggest carmaker Maruti Suzuki, Honda Motor, and Isuzu Motor, South Korea’s Kia Motors, and Yum! Brands’ KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, February 6, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on February 5 to honor the sacrifices of Kashmiris struggling for self-determination.

Hyundai Motor Co. (OTC: HYMTF) and Kia Corp. (OTC: KIMTF) are recalling over 480,000 automobiles that are at risk of catching on fire, even if the vehicles have been turned off. What Happened: The U.S

South Korea''s Hyundai Motor Co. will re-enter the Japanese passenger car market this year, 12 years after leaving the market dominated by domestic carmakers, betting on demand for its eco-friendly cars. Hyundai Mobility Japan Co. will start taking orders for the IONIQ 5 electric vehicle and NEXO fuel cell vehicle from May for delivery beginning in July. The plan, announced Tuesday, marks Hyunda

Hyundai Motor revealed its plan to return to Japan after leaving the country 12 years ago. The South Korean automaker was forced to withdraw its business at that time due to low sales. As per Reuters, Hyundai Motor made

After Hyundai Motor Corporation, parent company of Hyundai and Kia, now Honda Motor Company and Suzuki Corporation, both the Japanese automakers have issued an apology.

[Politics] : India says it summoned South Korea''s Ambassador Chang Jae-bok to protest a social media message referring to Kashmir posted by a Pakistani partner of Hyundai Motor. The spokesperson for Indias Ministry of External Affairs, Arindam Bagchi, tweeted on Tuesday that the Indian government conveyed to [more...]

Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday that they will recall 485,000 vehicles in the United States