Hyundai

Hyundai Motors Exports From US Plant Plunge Amid Tariff Woes

Business News / By

Seoul: Hyundai Motor’s vehicle exports from its US plant plunged last month, industry data showed on Sunday, as the company accelerates production realignment strategies to cope with rising tariff tensions.  Hyundai Motor Manufacturing Alabama (HMMA), a U.S. production unit of the South Korean automaker, exported just 14 vehicles in June, a sharp decline from 1,303 […]

Hyundai Motors Exports From US Plant Plunge Amid Tariff Woes Read More »

Hyundai Motor, Kia EVs Receive Top Ratings In Major Global Crash Safety Tests

Business News / By

Seoul: Electric vehicle (EV) models produced by South Korea’s Hyundai Motor and Kia have received top ratings in major global car crash safety tests, the automakers said on Sunday.  According to the companies, five Hyundai and Kia EV models utilising the E-GMP, Hyundai Motor Group’s proprietary EV platform, achieved the highest rating of five stars

Hyundai Motor, Kia EVs Receive Top Ratings In Major Global Crash Safety Tests Read More »

Festive Season Helps Auto Industry Record Highest-Ever Wholesales In November

Business News / By

In November, domestic wholesales of passenger vehicles reached their highest level, propelled by strong demand, particularly for utility vehicles, according to industry body SIAM. The overall dispatch of passenger vehicles from manufacturers to dealers totaled 334,130 units last month, marking a 4% year-on-year growth, despite a high base from November the previous year. Maruti Suzuki

Festive Season Helps Auto Industry Record Highest-Ever Wholesales In November Read More »