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The automaker will increase the prices of its models by up to 2 per cent from the beginning of January 2025, says Honda Cars India Vice President - Marketing and Sales Kunal Behl
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Interested and eligible are encouraged to enroll through the TOMCOM website or mobile app to take advantage of the prestigious international opportunities.
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This will be Hyundai Motor's first listing outside South Korea and the largest IPO in Indian stock market history, surpassing the previous record of $2.5 billion set by Life Insurance Corporation of India (LIC) in 2022.
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According to the latest provisional data, the Qualified Institutional Buyers (QIB) portion was subscribed 6.94 times, while Non-Institutional Investors (NII) subscribed 0.57 times and retail investors subscribed 0.48 times. The IPO saw a 42 percent subscription on its second day, following an 18 percent subscription on the first day. The price band for the IPO was set at Rs 1,865 to Rs 1,960 per share.
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Furthermore, Hyundai Motor India’s DRHP stated, "We expect that listing the Equity Shares will enhance our visibility and brand image, providing liquidity and creating a public market for the Equity Shares in India."
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The company is recalling the units manufactured between July 21, 2022 and April 30, 2024 to fix the part, data on the SIAM website said
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The new vehicle comes available in seven colours -- Atlas White, Typhoon Silver, Titan Grey, Teal Blue, Fiery Red, Spark Green, and the newly added Amazon Grey.
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The Ministry of Land, Infrastructure and Transport said 12 car models totaling 232,000 units from Hyundai Motor, Kia, Stellantis Korea and Tesla Korea are subject to recall due to manufacturing defects.
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Hyundai launched its first EV model, the BlueOn, which was based on the i10 mini car, in the domestic market in July 2011.
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The unveiling of New Hyundai Creta 2024 was held at Kun United Hyundai-Moinabad
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Amazon and Hyundai revealed plans to commence vehicle sales on the e-commerce platform's website by the latter half of 2024.
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The Hyundai Alcazar is an SUV that comes with 1.5 turbo-petrol and 1.5 diesel Platinum and 1.5 diesel Signature variants.
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South Korea's leading carmakers Hyundai Motor and Kia said on Wednesday that they have inked a strategic partnership with the German automotive chipmaker Infineon Technologies AG
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The recalls cover multiple car and SUV models from the 2010 through 2019 model years including Hyundai's Santa Fe SUV and Kia's Sorrento SUV.
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Hyundai EXTER presents a fresh take on Hyundai's design identity of ‘sensuous sportiness’ with its progressive and unique styling, featuring – iconic signature H-LED DRLs and tail lamps
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Hyundai Motor India on Monday forayed into the entry-level SUV segment in the country with the launch of all-new model Exter. The model, which competes directly with Tata Motors Punch.
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Hyundai has launched a unique ‘Digital Float’ concept in Telangana and Andhra Pradesh rural outlets
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Customers can choose from a range of five variants of Hyundai EXTER -EX, S, SX, SX(O) and SX(O) Connect
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The Hyundai Grand i20 has a discount of up to Rs 38,000, depending on the variant.
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Kun Hyundai Hyderabad went step closer to the customers with a summer camp in the workshop