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Latest news about Hyundai Motor India

Hyundai Motor India Shares Drop 20% From Peak as GST Benefits Remain Limited 2 days ago

Hyundai Motor India shares have fallen 20% from September peaks as investors weigh limited GST benefits and margin pressures from the new Pune plant. December sales rose 6.6% year-on-year to 58,702 units but declined sequentially. Analysts note only 30% of sales benefit from GST cuts, while the Pune facility may pressure margins near-term despite adding 30% capacity expansion.

Hyundai Motor India ESG Rating Upgraded to Leader Category with Score of 76 for FY25 5 days ago

Hyundai Motor Shares Surge 14.9% to Record High on Nvidia Partnership Speculation 7 days ago

Hyundai Motor India Announces Benefits Up to ₹1.69 Lakh on Passenger Vehicles 9 days ago

Hyundai Motor India December Sales Jump 6.6% YoY to 58,702 Units Jan 02, 2026

More news about Hyundai Motor India

01Jan 26

Hyundai Motor India shares fall after December sales miss estimates

Hyundai Motor India shares declined 2% following December sales that missed Street estimates, with total sales of 58,702 units falling short of the expected 62,667 units despite 6.6% YoY growth. The company announced Tarun Garg as the new MD & CEO, making him the first Indian national to lead the firm in 29 years.

01Jan 26

Hyundai Motor India: Reports 26.5% Increase In Exports Year Over Year In December 2025

Hyundai Motor India announced December sales of 58,702 units, representing a 6.60% year-on-year increase from 55,078 units but falling short of analyst estimates of 63,030 units. The standout performance came from exports, which grew 26.50% year-on-year to 16,286 units, reinforcing the company's 'Made-in India, Made-for-the-World' strategy and global manufacturing capabilities.

01Jan 26

Hyundai Motor India Appoints Two Senior Executives With Combined 54 Years Experience

Hyundai Motor India Limited has announced two strategic senior management appointments effective January 2026. Mr. Dong Huwy Park will serve as Business Head – Chief Operating Officer from January 1, while Mr. Hyun Sup Lee takes the role of Function Head – Corporate Planning from January 5. The appointments bring combined 54 years of automotive industry experience to strengthen the company's leadership capabilities.

01Jan 26

Tarun Garg Takes Charge As First Indian MD & CEO Of Hyundai Motor India

Hyundai Motor India announces Tarun Garg as its first Indian Managing Director & CEO, effective January 1, 2026, marking a historic leadership transition after 29 years. Garg succeeds Unsoo Kim and brings over 32 years of automotive experience, having previously served as Whole-time Director and COO at HMIL where he delivered record sales and profitability. The appointment comes with an ambitious ₹45,000 crore investment roadmap by FY 2030, focusing on electric vehicles, hybrids, and connected mobility under a four-pillar strategic framework emphasizing future-ready technology, strengthened networks, customer-centricity, and Make in India initiatives.

31Dec 25

Hyundai Motor India Announces 0.6% Price Increase Across Model Range from January 1, 2026

Hyundai Motor India Ltd. announced a 0.6% weighted-average price increase across its model range from January 1, 2026, due to rising precious metals and commodities costs. The company stated it continuously strives to optimize costs but was constrained to pass on some increased costs to customers. The adjustment affects the entire portfolio ranging from the i10 Nios hatchback at ₹5.47 lakh to the IONIQ 5 electric SUV priced over ₹47 lakh (ex-showroom).

31Dec 25

Hyundai India MD Unsoo Kim resigns Dec 31; Tarun Garg to lead

Hyundai Motor India announces major leadership transition with MD Unsoo Kim and three senior executives resigning December 31, 2025. Kim returns to South Korea for strategic role at parent company, stepping down from multiple board positions. Tarun Garg takes over as MD & CEO from January 1, 2026, ensuring leadership continuity.

31Dec 25

Hyundai Motor India Announces 0.6% Price Increase Across All Models From January 2026

Hyundai Motor India has formally announced through regulatory filing a 0.6% weighted average price increase across its entire model range, effective January 1, 2026. The decision, communicated to stock exchanges on December 31, 2025, by Company Secretary Pradeep Chugh, cites rising costs of precious metals and commodities as the primary driver, with the company emphasizing this as a minor adjustment necessary to offset increased input costs.

31Dec 25

Hyundai Motor India Enters Commercial Mobility Segment with Prime HB and Prime SD Launch

Hyundai Motor India shares declined 0.46% to ₹2,294.40 on Wednesday amid the company's announcement of entering the commercial mobility segment. The automaker launched Prime HB and Prime SD models priced at ₹5.99 lakh and ₹6.89 lakh respectively, featuring 1.2-litre engines with CNG options and fuel efficiency of 27.32-28.40 km/kg. The fleet-focused vehicles offer comprehensive safety features, extended warranties, and flexible financing options targeting taxi operators and fleet entrepreneurs.

31Dec 25

Hyundai Creta SUV crosses 2 lakh sales in 2025, averages 550 units every day

Hyundai Motor India's Creta SUV has achieved record annual sales exceeding 200,000 units in CY2025, averaging 550 daily sales. The model maintains market leadership with 34% share in the mid-size SUV segment and demonstrates consistent growth with 9%+ CAGR since 2016. Customer preferences show increased first-time buyers (32% vs 13% in 2020) and strong demand for premium variants.

30Dec 25

Hyundai enters commercial mobility with Prime taxi range at ₹5.99–6.89 lakh

Hyundai Motor India officially entered the commercial mobility segment with the launch of Prime Taxi range featuring two variants - Prime HB (hatchback) at ₹5.99 lakh and Prime SD (sedan) at ₹6.89 lakh. Both models are based on Grand i10 NIOS and Aura respectively, powered by 1.2L Kappa engine with petrol and CNG options, delivering exceptional fuel efficiency and comprehensive safety features designed specifically for fleet operators and taxi entrepreneurs.

01Dec 25

Hyundai Motor Reports Strong Sales Growth in April

Hyundai Motor's global sales reached 358,886 units in April, a 13.9% increase year-over-year. Domestic sales in South Korea grew by 2.6% to 63,160 units, while international sales surged 16.5% to 295,726 units. The company's strong performance is attributed to its diverse product portfolio, global economic recovery, improved supply chain management, and strategic market expansion efforts.

20Nov 25

Hyundai Motor India Boosts Stake in FPEL TN Wind Farm to 26.49%

Hyundai Motor India has invested an additional ₹21.46 crore in FPEL TN Wind Farm Private Limited, acquiring 25,58,405 equity shares through private placement. This second tranche investment increases Hyundai's stake to 26.49%, with a total investment of ₹38.05 crore. The company has informed the National Stock Exchange of India Limited and BSE Limited about this development, in compliance with regulatory requirements.

11Nov 25

Hyundai Motor India Shareholders Approve Tarun Garg as MD & CEO with 99.75% Votes

Hyundai Motor India Limited shareholders have overwhelmingly approved Mr. Tarun Garg's appointment as Managing Director and CEO through a postal ballot process, with 99.75% of votes cast in favor. The appointment, effective from January 1, 2026, until August 31, 2028, demonstrates strong shareholder confidence in Garg's extensive automotive industry experience and strategic expertise in areas including market dynamics, digital marketing, and technological advancement implementation.

04Nov 25

Hyundai Motor India Unveils All-New VENUE and VENUE N Line SUVs Starting at ₹7.89 Lakh

Hyundai Motor India Limited (HMIL) has globally launched its all-new Hyundai VENUE and VENUE N Line models, starting at ₹7,89,900 (ex-showroom). The new VENUE is larger, featuring advanced technology like the Connected Car Navigation Cockpit system and over 65 safety features. It offers multiple powertrain options and is exclusively manufactured in India for global markets. The VENUE N Line variant includes 32 exclusive upgrades for a sportier experience. This launch is part of Hyundai's plan to introduce 26 new products by 2030, supported by an investment of over ₹45,000 crores in India.

30Oct 25

Hyundai Motor India Sees Growth in SUV Segment and Exports, Anticipates Commodity Price Increases

Hyundai Motor India Limited (HMIL) is experiencing positive growth across multiple segments. The company reports strong demand for SUVs following recent tax changes and significant growth in rural sales. Export volumes increased by 21.5% year-on-year, contributing 27% to overall sales. Financial results show revenue growth of 1.20%, EBITDA growth of 10.10%, and PAT growth of 14.30%. The company's EBITDA margin improved to 13.9%. Despite the positive outlook, HMIL is preparing for potential commodity price increases in Q3 and plans to implement cost-cutting measures.

30Oct 25

Hyundai Motor India Reports Strong Q2 Results, Appoints New MD & CEO

Hyundai Motor India's Q2 standalone revenue reached ₹171,558.31 million, up from ₹169,607.98 million year-over-year. Profit after tax increased to ₹15,702.48 million from ₹13,377.93 million. The company's Board approved the appointment of Tarun Garg as Managing Director and CEO, effective January 1. Hyundai also commenced production at its new Talegaon facility in Maharashtra, with an annual capacity of 170,000 units.

24Oct 25

Hyundai Motor India Sets Q2 & H1 FY26 Earnings Call for October 30

Hyundai Motor India Limited (HMIL) has scheduled a conference call on October 30, 2025, at 4:30 PM IST to discuss Q2 & H1 FY26 financial results with investors and analysts. The company will submit its investor presentation to stock exchanges before the call and make it available on their website. A board meeting is also set for the same day to approve un-audited financial results for the quarter and half-year ended September 30, 2025. HMIL has implemented a trading window closure from October 1, 2025, until 48 hours after the results declaration. The company has also recently opened bookings for its new Hyundai VENUE compact SUV.

22Oct 25

Hyundai Motor India Bolsters Leadership: Sunil Moolchandani Joins Senior Management

Hyundai Motor India Limited (HMIL) has appointed Sunil Moolchandani to a senior management position, effective October 23, 2025. Moolchandani, previously Chief Commercial Officer – Central Zone at Maruti Suzuki India Limited, brings over 24 years of experience in the automotive and commercial sectors. He holds a Bachelor of Engineering from the University of Pune and a Post Graduate Diploma in Management from Symbiosis Centre for Management and Human Resource Development, Pune. This strategic appointment aims to strengthen Hyundai's executive team and potentially enhance its market position in India.

16Oct 25

Hyundai Motor India Appoints Tarun Garg as New MD and CEO

Hyundai Motor India has announced Tarun Garg as its new Managing Director and CEO, effective January 1, 2026. Garg, currently a whole-time director, will succeed Unsoo Kim. With over 25 years of experience at Maruti Suzuki and significant contributions at Hyundai since 2019, Garg has led initiatives in sales strategies, digital marketing, rural market expansion, and used car segment development. He has also introduced Advanced Driver Assistance Systems in nine models.

15Oct 25

Hyundai India Unveils ₹45,000 Crore Investment Plan and Ambitious Growth Strategy Through 2030

Hyundai Motor India announced a comprehensive growth strategy including a ₹45,000 crore investment through FY2030. The company aims to expand its product lineup from 14 to 26 models, targeting annual sales of 860,000 units and production capacity of 1.1 million units by 2030. Hyundai plans to launch India's first locally manufactured dedicated electric SUV by 2027 and introduce the luxury brand Genesis. The company targets 52% eco-friendly product mix by 2030 and aims to become India's largest vehicle exporter. A leadership transition is planned with Tarun Garg set to succeed as Managing Director & CEO from January 1, 2026.

15Oct 25

Hyundai Motor India Announces Leadership Transition: Tarun Garg to Succeed Unsoo Kim as MD & CEO

Hyundai Motor India Limited (HMIL) has announced a leadership transition. Tarun Garg will succeed Unsoo Kim as Managing Director and CEO, effective January 1, 2026. Kim will return to South Korea for a strategic role at Hyundai Motor Company. Garg, currently a Whole-time Director at HMIL, brings extensive experience from Maruti Suzuki and has been instrumental in various strategic initiatives at Hyundai. HMIL also announced its first Investor Day, scheduled for October 15, 2025, in Mumbai.

14Oct 25

Hyundai Motor India Gears Up for Inaugural Investor Day on October 15, 2025

Hyundai Motor India Limited (HMIL) will hold its first-ever Investor Day on October 15, 2025, at 9:00 AM in Mumbai. The event will be live-streamed on the company's official website and YouTube channel, allowing public access. This move follows an earlier announcement made on July 11, 2025, demonstrating HMIL's commitment to transparency and shareholder engagement. The Investor Day is expected to provide insights into Hyundai's operations, strategies, and future outlook in the Indian market.

08Oct 25

Hyundai Motor India Secures Full Relief in Transfer Pricing Case

Hyundai Motor India Limited (HMIL) has received a favorable ruling from the Income Tax Appellate Tribunal (ITAT) in a transfer pricing case related to the 2007-08 financial year. The ITAT's decision on a Miscellaneous Petition has resulted in the complete elimination of a previously imposed 218.30 million rupee adjustment. This ruling puts HMIL in a refund position, though the company states it will not have a material impact on its financial or operational activities. The case involved allegations of excessive royalty payments, with the Transfer Pricing Officer initially claiming HMIL's royalty rate exceeded the industry average.

01Oct 25

Hyundai Motor India Reports Mixed September Sales Results and Starts Production at New Talegaon Plant

Hyundai Motor India's September sales show mixed results with domestic sales up 1% to 51,547 units and exports surging 43.5%. SUVs dominated sales with 72.4% penetration. The company's share price fell 3% to Rs 2,507. Quarterly net profit decreased 8% to Rs 1,369.23 crore. Hyundai commenced production at its new Talegaon plant in Maharashtra with an annual capacity of 170,000 units.

24Sept 25

Hyundai Motor India Shares Soar 90% Since April on GST Reforms and Festive Demand

Hyundai Motor India's stock reached a record high of Rs 2,890.00 on September 22, up 90% from its 52-week low. The surge is attributed to GST 2.0 reforms and strong festive season demand. The company reported its highest single-day dealer billings in five years on the first day of Navratri. Nomura projects India to account for 15% of Hyundai's global target by 2030, with domestic sales expected to reach 8.3 lakh units. Hyundai is expanding capacity with a new facility in Pune. Analysts maintain a positive outlook, with Nomura forecasting a 27% EPS CAGR over FY26-28 and Motilal Oswal projecting 8% annual volume growth over FY25-27.

23Sept 25

Hyundai Motor India Achieves 5-Year Record: 11,000 Units Billed on Day 1 of Navratri

Hyundai Motor India achieved its highest Day 1 billings in five years during the Navratri festival, with 11,000 units billed. This record-breaking performance indicates strong consumer confidence in the Hyundai brand, potential economic recovery, and effective marketing strategies. The achievement sets a positive tone for the automotive industry as the festive season progresses.

22Sept 25

Hyundai Motor India's National Sales Head Tapan Kumar Ghosh to Step Down

Tapan Kumar Ghosh, Function Head - National Sales at Hyundai Motor India Limited (HMIL), has resigned. His resignation will be effective from October 3, 2025. The company disclosed this information in compliance with SEBI regulations. This change marks a significant shift in HMIL's sales leadership.

19Sept 25

Hyundai Motor India Shares Surge to Record High on Wage Settlement and Expansion Plans

Hyundai Motor India's shares reached a new high of ₹2,745.70, driven by positive developments. The company concluded a three-year wage settlement, promising a ₹31,000 monthly salary increase for workers over three years. Hyundai announced expansion plans for its Talegaon plant, aiming to increase annual production capacity to nearly 11 lakh units. The stock has gained 23.57% since August 14, 2025, outperforming the Nifty Auto index's 13% increase. Recent GST rate rationalization on small cars is expected to boost demand in the automotive sector.

17Sept 25

Hyundai Motor India Inks Industry-Leading Wage Settlement for 2024-2027

Hyundai Motor India Limited (HMIL) has reached a three-year wage settlement agreement with the United Union of Hyundai Employees (UUHE), covering April 1, 2024, to March 31, 2027. The deal includes a total salary increase of INR 31,000 per month, distributed over three years in a 55%, 25%, and 20% ratio. This agreement benefits 1,981 employees, representing 90% of HMIL's technician/workmen cadre. The package also includes industry-leading health coverage and wellness programs.

14Sept 25

Hyundai Motor India Unveils 'Double Engine' Growth Strategy Post GST Rate Cuts

Hyundai Motor India is adopting a 'double engine' growth strategy, focusing on both domestic market recovery and export opportunities. Despite an 11.20% decline in domestic sales, exports grew by 12.45% during April-August. The company is expanding its production capacity, adding 170,000 units at the Talegaon plant in October, with plans to reach a total capacity of 1.1 million units by FY28. Hyundai anticipates that recent GST rate cuts will boost market sentiment and drive domestic sales recovery. Export revenue contribution has increased from 21% to 27% in the first quarter of this fiscal year.

11Sept 25

Hyundai India Anticipates Festive Season Sales Surge Post-GST Reforms

Hyundai Motor India, the second-largest automaker in the country, is optimistic about potential sales growth during the upcoming festive season after recent GST reforms. The company swiftly implemented price cuts up to Rs 2.40 lakh across its model range. Despite high inventory levels, Hyundai sees an opportunity to boost bookings. Rural markets have increased their contribution to total sales from 19% to 23%. The company expects renewed interest in urban markets and strong performance in the sub-Rs 10 lakh SUV segment. Hyundai is offering additional customer incentives beyond GST benefits to stimulate sales.

01Sept 25

Hyundai Motor India Reports 4.3% Drop in August Sales, Exports Show Strong Growth

Hyundai Motor India Limited (HMIL) reported total sales of 60,501 units in August, a 4.3% decrease from the previous year. Domestic sales were 44,001 units, while exports reached 16,500 units. Despite the overall decline, exports saw a significant 21% year-on-year growth. HMIL aims to establish India as Hyundai's largest export hub outside South Korea, supporting the 'Make in India' and 'Atmanirbhar Bharat' initiatives. The company has already exported 118,840 units from January to August, reinforcing its position as a global manufacturing hub for Hyundai Motor Company.

20Aug 25

Hyundai Motor India Shares Dip 2% Despite ₹21 Final Dividend Declaration

Hyundai Motor India's stock fell 2.03% to ₹2,529.00 despite announcing a final dividend of ₹21.00 per share (210% payout). The stock traded near its 52-week low, with high selling pressure. Q2 2025 results showed a 5.37% revenue decline to ₹16,412.88 crore and an 8.08% drop in net profit to ₹1,369.23 crore year-over-year. Despite financial challenges, the company maintains a strong balance sheet with a debt-to-equity ratio of 0.05 and a current ratio of 1.42.

18Aug 25

Hyundai Motor India Shares Surge 9.9% to New Post-Listing High; Schedules Non-Deal Roadshow in Singapore

Hyundai Motor India's shares surged 9.9% to a post-listing high of ₹2,464.70, driven by expectations of potential GST rate reductions for automobiles. The stock has gained over 25% from its IPO price and rebounded nearly 60% from its post-listing low. Despite a slight decline in recent quarterly results, the company's performance exceeded analyst expectations in key areas. The stock has received 21 buy ratings out of 26 total analyst ratings. Hyundai Motor India has announced a Non-Deal Roadshow with investors and analysts in Singapore for August 21-22, 2025.

04Aug 25

Hyundai Motor India and 21 Other Companies Set for Ex-Dividend Trading on August 5

Hyundai Motor India announces a final dividend of Rs 21.00 per share (210% of face value) with an ex-dividend date of August 5. Twenty-one other companies, including Automotive Axles, Benares Hotels, and Century Enka, will also trade ex-dividend on the same date. The last day to purchase Hyundai Motor India shares for dividend eligibility is August 4, considering the T+1 settlement cycle in the Indian stock market.

01Aug 25

Hyundai Motors Reports July 2025 Sales: SUV Dominance Amidst Industry Softness

Hyundai Motor India Limited (HMIL) reported total sales of 60,073 units for July 2025, down from 60,924 units in the previous year. Domestic sales were 43,973 units, with exports at 16,100 units. Despite the overall decline, HMIL's SUV segment showed strength, contributing 71.8% to monthly domestic sales. The CRETA model celebrated its 10th anniversary, having served over 1.2 million customers since 2015. HMIL remains optimistic about the upcoming festive season, with plans to meet increased demand through robust supply and product offerings.

30Jul 25

Hyundai Motor India Reports Strong Q1 Performance with 28% Export Growth and Rural SUV Dominance

Hyundai Motor India experienced a 28% increase in exports to Africa and dominated the rural SUV market with 68% of sales in Q1. Despite slight decreases in revenue and profit after tax compared to last year, the company maintained a strong EBITDA margin of 13.30%. The company began engine production at its Pune facility and reported sufficient inventory despite global supply chain concerns. Hyundai anticipates gradual recovery in domestic demand due to upcoming seasonal factors and government policies.

30Jul 25

Hyundai Motor India Reports Q1 Results: Profit at ₹1,369 Crore Amid Cautious Market Outlook

Hyundai Motor India Limited (HMIL) released its Q1 financial results, showing a 5.4% decrease in revenue to ₹16,413.00 crore. Despite challenges, the company maintained a strong EBITDA margin of 13.3%. Total sales reached 180,399 units, with domestic sales declining 11.5% and exports increasing 13%. CRETA maintained SUV segment leadership, while the i10 brand surpassed 3 million cumulative sales. Hyundai commenced engine production at its Pune facility, reinforcing its 'Make in India, Made for the World' initiative. The company anticipates gradual recovery in domestic demand due to monsoon, festive season, and government measures.

30Jul 25

Hyundai Motor India Reports Decline in Q1 Financial Performance

Hyundai Motor India Limited's Q1 FY2026 results show a downturn in key financial metrics. Consolidated net profit decreased by 8.08% to ₹13.69 billion, while revenue fell by 5.37% to ₹164.13 billion compared to the same quarter last year. EBITDA declined by 6.62% to ₹21.85 billion, with the EBITDA margin slightly decreasing to 13.31%. Despite the current decline, Hyundai remains a significant player in the Indian automotive market, having recently commenced production at its new Talegaon Plant in Maharashtra.

29Jul 25

Hyundai Motor India Braces for Weak Q1 Results Amid Volume Declines

Analysts project a decline in Hyundai Motor India's quarterly performance. Profit after tax is expected to decrease by 9-18% year-on-year, with estimates ranging from Rs 1,215.00 crore to Rs 1,354.00 crore. Revenue is forecasted to drop 2-4% due to a 6% fall in sales volume, partially offset by a 3% increase in average selling prices. EBITDA is predicted to decline 7-15% year-on-year, with margins compressing to 12.00-12.90%. Factors contributing to the weak outlook include volume declines, higher discounts, absence of government incentives, and negative operating leverage.

25Jul 25

Hyundai Motor India Extends C.S. Gopalakrishnan's Tenure as Whole-Time Director

Hyundai Motor India Limited (HMIL) has re-appointed C.S. Gopalakrishnan as Whole-Time Director for an additional term from July 28, 2025, to August 31, 2026, subject to shareholders' approval. Gopalakrishnan, currently serving as Chief Manufacturing Officer and Business Head, brings over 39 years of experience in automotive manufacturing. His contributions include expanding SUV production, integrating ICE and EV models, and implementing sustainability initiatives. The decision was made during a board meeting on July 25, 2025, based on the Nomination & Remuneration Committee's recommendation.

24Jul 25

Hyundai Motor India Faces 11.5% Drop in Wholesale Numbers Amid Market Challenges

Hyundai Motor India Ltd. experienced an 11.5% decline in wholesale vehicle distribution for the second quarter. The company has scheduled a board meeting on July 30, 2025, to discuss and approve the un-audited financial results for the quarter ended June 30, 2025. The trading window for company shares will be closed for designated persons until 48 hours after the results declaration.

22Jul 25

Hyundai Motor India Faces ₹5.18 Billion Tax Demand and Penalty

Hyundai Motor India received a tax demand order of ₹2.59 billion plus an equal penalty, totaling ₹5.18 billion, from the CGST Department in Tamil Nadu. The demand relates to alleged short payment of GST Compensation Cess on certain SUV models from September 2017 to March 2020. Hyundai states this will not impact its financial performance or operations and plans to review the order and potentially file an appeal.

02Jul 25

Hyundai Motor India Reports 6% Sales Decline in June

Hyundai Motor India's total sales for June decreased by 6% year-over-year to 60,924 units. Domestic sales fell by 12% to 44,024 units, while exports slightly increased to 16,900 units. The company cited geopolitical situations as a factor affecting market sentiment.

01Jul 25

Hyundai Motor India: Export Contribution Rises to 26.7% in Q1 FY2026, June Sales Outperform Expectations

Hyundai Motor India reported a 13% year-over-year growth in exports for Q1 FY2026, with exports contributing 26.7% to total sales. Total Q1 sales reached 180,399 units. June sales totaled 60,924 units, surpassing market expectations of 57,750 units despite a 6% year-over-year decline. Domestic sales for June were 44,024 units, with exports at 16,900 units.

24Jun 25

Hyundai Motor India: Operations Continue Smoothly Amid Ongoing Wage Negotiations

Hyundai Motor India continues normal operations at its Chennai plant while engaging in wage negotiations with the recognized United Union of Hyundai Employees (UUHE). An unrecognized union, Hyundai Motor India Employees Union (HMIEU), is seeking official recognition, but this matter is currently sub-judice. The company's ability to maintain production while addressing labor relations highlights its management of complex industry dynamics.

17Jun 25

Hyundai Motor India Expands Operations: Engine Production Begins at Talegaon Plant

Hyundai Motor India has begun producing passenger vehicle engines at its Talegaon plant, marking a significant expansion in its manufacturing capabilities. This strategic move is expected to enhance the company's supply chain efficiency and increase localization of Hyundai vehicles in India. While specific details about engine types, production capacity, and investment are not disclosed, the development is likely to create new job opportunities and potentially bring advanced engine technologies to the Indian market.

16Jun 25

Hyundai Motor India Expands Production: Engine Manufacturing Begins at Talegaon Facility

Hyundai Motor India has started manufacturing passenger vehicle engines at its newly acquired Talegaon facility in Maharashtra. The plant has an annual production capacity of 1.30 lakh units. This move is part of Hyundai's expansion strategy in India, aimed at enhancing local manufacturing capabilities and meeting growing market demand. The company plans phased investments for upgrading the facility's infrastructure and equipment, with full-scale passenger vehicle production expected to follow.

02Jun 25

Hyundai Motors Reports 58,701 Units in Total Sales for May

Hyundai Motors, a leading automobile manufacturer, has announced total sales of 58,701 units for the month of May. The company provided only the aggregate sales figure without additional context or comparative data.

29May 25

Hyundai Motor India Refutes Stake Sale Rumors

Hyundai Motor India has firmly rejected recent speculation about a potential stake sale through an Offer for Sale (OFS) or block deals. A company spokesperson stated that there is no decision or plan under consideration for any stake sale, describing the rumors as 'groundless'. The company emphasized its commitment to transparency and advised stakeholders to rely on official communications for any significant changes.

19May 25

Hyundai Motor India: Analysts Project Up to 24.5% Upside Post Strong Q4 Results

Hyundai Motor India has received positive ratings from Nomura, CLSA, and JPMorgan after its robust Q4 performance. The company exceeded expectations with a 14.10% EBITDA margin. Analysts project up to 24.50% upside potential for the stock, citing a strong new model cycle, increased focus on exports, and improved average selling prices as key growth drivers.

16May 25

Hyundai Motor India Unveils Ambitious Expansion and EV Infrastructure Plans

Hyundai Motor India announces significant expansion plans, including 8 new product launches over the next two fiscal years out of a total 26 planned. The company will allocate 40% of its FY2026 capital expenditure to expand its Pune plant. Additionally, Hyundai aims to establish 600 DC charging stations across India by 2032, demonstrating a strong commitment to EV infrastructure development.

16May 25

Hyundai Motor India: 26 New Models Planned Despite Profit Dip

Hyundai Motor India reported a 4% decrease in Q4 net profit to Rs 1,614 crore and a 7% annual profit decline to Rs 5,640 crore. Despite this, the company has announced plans to introduce 26 new models by 2030, including 20 ICE vehicles and 6 EVs. Hyundai will invest Rs 7,000 crore in FY26, with 40% allocated to its third plant in Talegaon. The company anticipates weak domestic demand in FY26 and expects an impact on Profit Before Tax due to depreciation costs from the new plant.

16May 25

Hyundai Motor India: 26 New Models Planned by FY30, Including Ambitious Export and EV Strategy

Hyundai Motor India has announced plans to launch 26 new models by FY30, including 20 ICE vehicles and 6 EVs. The company expects low single-digit growth in the domestic market by FY26, while targeting 7-8% volume growth in exports. Hyundai aims to leverage its brand equity and legacy in emerging markets to drive export-led growth.

15May 25

Hyundai Motor India Faces Potential Profit Decline in Q4 FY25

Hyundai Motor India is projected to experience financial strain in Q4 FY25, with revenue expected to decline by 1.80% to ₹17,349.00 crore and net profit dropping by 21.00% to ₹1,332.00 crore year-over-year. The company's market position as the second-largest automaker in India is under pressure from domestic rivals like Tata Motors and Mahindra & Mahindra. This performance dip occurs amidst shifting consumer preferences, the push towards electric vehicles, and overall economic conditions in the Indian automotive sector.

14May 25

Hyundai Motor India Sets Date for Q4 and FY25 Results, Dividend Consideration

Hyundai Motor India will release its Q4 and FY25 financial results on May 16, 2025. The board will consider dividend declaration on the same day. An earnings call is scheduled for 4:10 PM IST. The company has implemented a trading window closure from April 1, 2025, until 48 hours after the results announcement to prevent insider trading.

06May 25

Hyundai Motor India Marks 29 Years of Success with 12.7 Million Units Sold

Hyundai Motor India Limited (HMIL) marks its 29th anniversary in India with impressive achievements. Since 1996, HMIL has sold 12.7 million units, including 3.7 million exports to over 150 countries. The company has invested $6 billion in India, with recent allocations for modernizing its Chennai facility. HMIL plans to open a new plant in Talegaon, Maharashtra by Q4 2025, aiming for a 1 million unit annual production capacity. In 2024, HMIL contributed 18.50% to Hyundai's global sales. The company has also invested ₹400 crore in CSR initiatives over the past five years, impacting 2 million lives annually.

02May 25

Hyundai Motor India Achieves 21% YoY Growth in April Sales, Crosses 9 Million Domestic Units Milestone

Hyundai Motor India Limited reported total sales of 60,774 units in April 2025, a 21% year-over-year increase. Domestic sales reached 44,374 units, while exports stood at 16,400 units. The company surpassed 9 million domestic sales since its 1996 inception. Export volumes grew by 21.5% year-on-year for April 2025, with a 16.2% increase in the January-April 2025 period compared to last year. Hyundai plans to start operations at its new Talegaon plant in Q4 2025.

01May 25

Hyundai Motor India Surpasses 9 Million Domestic Sales, Reports 21% Growth in April

Hyundai Motor India Limited (HMIL) has crossed 9 million domestic sales since 1996. In April 2025, total sales reached 60,774 units, up from 50,200 in April 2022. Domestic sales were 44,374 units, while exports hit 16,400 units. Export volumes grew 21.5% year-on-year for April 2025, with 16.2% growth from January to April 2025. HMIL plans to start operations at its new Talegaon plant in Q4 2025, marking its 30th year in India.

01May 25

Hyundai Motor India Faces Domestic Headwinds as April Sales Decline

Hyundai Motor India's April 2025 performance shows contrasting trends. Total sales reached 60,774 units, with domestic sales declining 14.40% sequentially and 8.90% year-over-year. However, exports grew by 21.50% compared to the previous year. The company achieved a milestone of 9 million domestic sales since its inception in India, despite current market challenges. The decline in domestic sales is attributed to macroeconomic headwinds and market volatility, while strong export growth partially offsets these challenges.

24Apr 25

Hyundai Motor: Mixed Q1 Results with Global Profit Rise and India Sales Dip

Hyundai Motor's Q1 global operating profit increased by 2.00% to 3.60 trillion won ($2.52 billion), meeting analyst expectations. The growth was driven by accelerated purchases ahead of U.S. tariffs and benefits from a weak South Korean won. However, Hyundai Motor India faced a 5.30% decline in retail sales compared to the same period last year, indicating challenges in the Indian automotive market.

21Apr 25

Hyundai Motor India: $9.8 Billion Worth of Shares Unlock as Lock-in Expires

On April 21, 62% of Hyundai Motor India's outstanding equity, valued at $9.80 billion, will become eligible for trading as the lock-in period expires. This unlocking event will release 50.78 crore shares into the market, potentially increasing stock liquidity. Despite this, Korean promoters maintain an 82.50% stake, well above the 25% Minimum Public Shareholding requirement. The unlock could lead to increased liquidity, potential short-term price volatility, and renewed investor focus on the stock.

07Apr 25

Hyundai Motor India Expands Green Mobility with New Exter HY-CNG Variant

Hyundai Motor India Limited introduced a new EX variant of the Exter HY-CNG DUO on April 7, 2025, priced at ₹7,50,700.00 (ex-showroom). The vehicle features bi-fuel technology, six airbags, a digital cluster, and keyless entry. Aimed at environmentally conscious Gen MZ customers, this launch expands Hyundai's green mobility portfolio in India.

02Apr 25

Hyundai Motor India Reports Strong Sales Growth in March and FY 2024-25

Hyundai Motor India Limited (HMIL) reported total sales of 67,320 units in March 2025, a 14.63% increase year-over-year. For the fiscal year 2024-25, HMIL achieved total sales of 762,052 units, maintaining its position as India's second-largest passenger vehicle manufacturer and largest exporter. SUVs dominated, accounting for 68.5% of domestic sales. The Hyundai CRETA became India's top-selling SUV in Q4, with cumulative sales crossing 1.5 million units. HMIL launched the CRETA Electric and updated ALCAZAR during the fiscal year, strengthening its product portfolio.

01Apr 25

Hyundai Motor India Surpasses Expectations with Strong March Sales and FY 2024-25 Performance

Hyundai Motor India Limited (HMIL) achieved total sales of 67,320 units in March 2025, marking a 14.60% year-on-year increase. For FY 2024-25, HMIL recorded total sales of 762,052 units, with domestic sales at 598,666 units and exports at 163,386 units. SUVs dominated, accounting for 68.50% of domestic sales. The Hyundai CRETA became India's top-selling SUV in Q1 2025, with the company surpassing 2.5 million cumulative SUV sales. HMIL maintained its position as India's second-largest passenger vehicle OEM, launching new models including the CRETA Electric.

29Mar 25

Hyundai Motor India Joins Key Market Indices Despite Recent Stock Dip

Hyundai Motor India Limited (HMIL) has been included in four major market indices: NIFTY Next 50, NIFTY 100, NIFTY 500, and S&P BSE 500, effective March 28. This follows record-breaking domestic sales of 605,433 vehicles in 2024. However, HMIL's stock has declined 7.48% since its IPO in October 2024, presenting a mixed picture for investors.

28Mar 25

Hyundai Motor India Gains Prominence with Inclusion in Major Indian Stock Market Indices

Hyundai Motor India Limited (HMIL) has been included in several prominent Indian stock market indices, including NIFTY Next 50, NIFTY 100, NIFTY 500, and S&P BSE 500. The company has also been added to multiple other NIFTY and BSE indices, reflecting its growing importance in the Indian capital markets since its listing in October 2024. HMIL was the only large cap from India included in the MSCI Global Standard Index during the recent MSCI rejig. This achievement follows HMIL's record-breaking domestic sales of 605,433 vehicles in 2024.

25Mar 25

Hyundai Motor India Approves Rs. 694 Crore Investment for New Tooling Centre

Hyundai Motor India Ltd (HMIL) has approved an investment of Rs. 694 crore to establish a new tooling centre for manufacturing stamping tools and vehicle panels. The investment aims to stabilize supply chains and strengthen local manufacturing capabilities. Additionally, the company announced new appointments and management restructuring, including a new Internal Auditor and Secretarial Auditor, effective April 1, 2025. Five Senior Management Personnel, including the current Internal Auditor, will step down from their positions on March 31, 2025.

24Mar 25

Hyundai Motor India Unveils Rs. 694 Crore Investment Plan for New Tooling Centre

Hyundai Motor India has approved a Rs. 694 crore investment to establish a state-of-the-art tooling centre for manufacturing stamping tools and vehicle panels. The move aims to stabilize the supply chain, strengthen local manufacturing capabilities, and enhance production efficiency. Simultaneously, the company announced several changes in its senior management team, including new appointments and cessations, effective from March 31 and April 1, 2025.

10Mar 25

Hyundai Motor India Seeks Shareholder Approval for ₹31,526 Crore Related Party Transactions

Hyundai Motor India is seeking shareholder approval for seven material related party transactions totaling ₹31,526 crore. E-voting is scheduled for March 12-13. Proxy advisory firms have split opinions: Stakeholders Empowerment Services opposes six out of seven transactions, while Institutional Investor Advisory Services supports all seven. The company's stock closed at ₹1,688.8, down 1.55%, reflecting market caution about the proposed transactions.

02Mar 25

Hyundai Motor India Faces ₹17.5 Crore GST Notices Amid Strong February Sales

Hyundai Motor India Limited (HMIL) has received GST notices totaling ₹17.5 crore from Tamil Nadu and Maharashtra governments for FY 2020-21 and 2021-22. Despite this, the company reported robust sales figures for February 2025, with total sales of 58,727 units and a 6.8% year-on-year growth in exports. HMIL plans to appeal the GST notices and maintains that these will not impact its financial or operational activities. The company's management remains optimistic about future growth, citing increasing global demand for Made-in-India products and potential domestic market boost from proposed tax reforms.

02Mar 25

Hyundai Motors Reports February Sales Dip Amid Regulatory Challenges

Hyundai Motor India Limited (HMIL) reported total sales of 58,727 units for February 2025, down from 60,500 units in the previous year. Domestic sales were 47,727 units, while exports grew 6.8% year-on-year to 11,000 units. The company received tax demands of Rs. 2.51 crore from Maharashtra and Rs. 13.46 crore from Tamil Nadu GST departments for FY 2020-21 and FY 2021-22. HMIL plans to appeal against these orders.

28Feb 25

Hyundai Motor India Set for MSCI India Standard Index Inclusion, Expecting ₹2,228 Crore Inflow

Hyundai Motor India Limited is set to be included in the MSCI India Standard Index today at 3 PM. This inclusion is expected to attract approximately ₹2,228 crore ($255 million) in foreign investment. The move is likely to increase the stock's liquidity, enhance global visibility, and potentially stabilize the stock price due to index-tracking funds. This development marks a significant milestone for Hyundai in the Indian equity market and reflects its growing importance to global investors.