The company witnessed the highest ever domestic SUV contribution at 68.5%, with strong traction across urban and rural markets, in the same period.
From shaking up Maruti’s monopoly to becoming a pop-culture icon with Shah Rukh Khan’s backing, the Santro changed the game for India’s hatchback buyers.
Hyundai Motor has shared a positive outlook on growing EV penetration in India. According to the company, the newly launched Creta Electric will be a game-changer in the EV landscape.
Hyundai aims to reshape India’s electric vehicle landscape with ambitious sales targets for its much-anticipated Creta EV and comprehensive charging solutions.
Executive moves in the world of brands and agencies.
Prior to taking up the leadership position at Hyundai Motor India, Kim led Hyundai Motor Company as executive vice president - global operations.
Every year in January, automakers hike prices.
According to Hyundai Motor India Limited, the price hike will be done across all MY25 models, such as Tuscon and i30 Sedan, up to Rs 25,000 from next year.
Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, “HMIL’s push towards fortifying SUV supremacy continued in November with SUVs contributing 68.8% of our total Domestic sales."
The tax authority has alleged that Hyundai claimed “excess ITC in GSTR 3B/9, which is not confirmed in GSTR 2B/8A of GSTR 9, along with RCM tax paid by the company.” The total demand outlined includes ₹2.741 crore towards tax and an additional ₹2.279 crore as interest.
