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Hyundai Motor India expects semiconductor shortage issue to improve next year

Leading up to the festive season, HMIL, the maker of popular SUVs, Creta and Venue is sitting on a backlog of 1.3 lakh pending orders.



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Carmakers post growth as chip woes ease

Major carmakers, including Maruti Suzuki, Hyundai and Tata Motors, on Friday reported growth in their passenger vehicle sales in June as semiconductor shortage woes showed gradual signs of easing out.

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Hyundai rolls out the new VENUE with prices starting at Rs.7.53 lakh

The model, which competes with the likes of Maruti Suzuki Brezza, Tata Motors Nexon, Kia Sonet among others, comes with three powertrain options.

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Hyundai drives in new Venue with introductory prices starting at Rs 7.53 lakh - Jammu Kashmir Latest News | Tourism

New Delhi, June 16: Hyundai Motor India Ltd (HMIL) on Thursday launched the new version of its compact hatchback Venue, with introductory prices starting from Rs 7.53 lakh (ex-showroom Delhi), bolstering its presence in the robustly growing sub-4 meter SUV segment. The model, which competes with the likes of Maruti Suzuki Brezza, Tata Motors Nexon, Kia Sonet among others, comes with three powertrain options. The 1.2-litre petrol trim prices start from Rs 7.53 lakh, while the prices of 1-litre turbo petrol […]

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Despite chip shortage, Indian car makers report sales growth in December; market leaders subside

While market leaders Maruti Suzuki and Hyundai reported a decline in sales, homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage.

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Confident of maintaining leadership position in SUV segment in 2022: Hyundai

The auto major has led the sports utility vehicle (SUV) space in the country for two consecutive years now (2020 and 2021) and now expects to dominate the segment in 2022 as well.

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Hyundai posts double-digit sales growth in 2021; expects to sustain momentum in 2022 - Jammu Kashmir Latest News | Tourism

New Delhi, Jan 1: Hyundai Motor India expects robust sales to continue in 2022 as well with various positive factors, like improvement in the availability of semiconductors, aiding the business growth. The country’s second-largest passenger vehicle maker reported double-digit growth in total wholesales last year as compared with 2020. “We are entering 2022 with cautious optimism. There are more positives than negatives and we are looking to a better year with so much of the customer booking backlog. Besides, our […]

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Hyundai, Honda expect demand to remain strong this festive season

Hyundai, Honda expect demand to remain strong this festive season
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