Representational image only. File | Photo Credit: Reuters Hyundai Motor India Limited (HMIL), on the occasion of its first-ever Investor Day, announced to invest ₹45,000 crore by 2030 with a target to achieve 15% domestic market share. The company on Wednesday (October 15, 2025) presented a comprehensive strategic roadmap that includes India-centric product expansion plans, […]
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Mr. Garg becomes the first Indian national to take on this leadership role within HMIL, since the company’s establishment 29 years ago. | Photo Credit: Special Arrangement Hyundai Motor India Limited (HMIL) has announced the appointment of Tarun Garg as the next Managing Director and Chief Executive Officer of the company, subject to approval of […]
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Hyundai logo | Photo Credit: AP Hyundai Motor India Limited (HMIL) said it has signed a wage settlement agreement for the period 2024-2027 with United Union of Hyundai Employees (UUHE), its recognised union. The long-term wage settlement will be effective from April 1, 2024, through March 31, 2027, the company said in a statement. The […]
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File. | Photo Credit: Reuters Hyundai Motor India Ltd on Tuesday (July 22, 2025) said it has received a demand of ₹517.34 crore from tax authorities, along with penalty, for alleged short payment of GST compensation cess on its certain SUV models. The company has received an order from Commissioner (Appeals), CGST Dept, Tamil Nadu, […]
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Representational image only. | Photo Credit: AP Hyundai Motor India Limited (HMIL), said on March 13 that it has signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra. The Term Sheet covers the proposed acquisition of Land & Buildings and Certain machinery and equipment for manufacturing situated […]
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South Korean auto major Hyundai Motor on Wednesday unveiled in India the fourth-generation Tucson SUV, the prices for which will be announced next month. The SUV, which had sold more than seven million units globally, would be available in both petrol and diesel engine trims featuring two-litre engines generating an output of 156 PS and […]
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