Passenger vehicle exports in India log marginal growth in 2019-20

car manufacturing india

Indian passenger vehicle exports observed a marginal increase during the last fiscal, with Hyundai leading the segment with dispatches to various worldwide markets, as per the recent data by Society of Indian Automobile Manufacturers (SIAM). PV exports stood at 6,77,311 units in the previous fiscal as against 6,76,192 units in 2018-19, a marginal increase of 0.17 […]

Hyundai India orders advanced diagnostic testing kits from South Korea

Hyundai pickup images

Hyundai Motor India Foundation (HMIF), the arm of Hyundai Motor India has ordered the advanced diagnostics testing kit associated from South Korea in order to fight coronavirus, the company stated. The company claimed these sophisticated kits have a very high level of accuracy and can serve more than 25,000 people. These kits will be distributed […]

Kia in talks to spend over $1.1 billion to move a plant within India

Kia motors logo

South Korea’s Kia Motors is in discussion with the Indian state of Tamil Nadu regarding the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh. The move comes after a few months after it fully opened, because of policy changes last year, sources knowledgeable with the talks informed Reuters. Kia inaugurated the […]

India: Hyundai i20 sales hit 1 million mark

Hyundai Motor

Hyundai Motor India Ltd. (HMIL), the India’s second biggest car maker and the biggest passenger automobile exporter, on Thursday informed that its premium compact hatchback i20 had actually accomplished one million units in worldwide sales. “Reaching this historic mark is a testimony to Hyundai i20’s staying power and the worldwide appeal of a car that […]