AUTOMOBILEsales raced past a record 11.1 lakh units in January, beating the previous best posted in September last, as consumers rushed to drive away their dream machines before a possible rollback of last year
NEW DELHI: Hyundai Motor India Ltd. (HMIL) on Wednesday unveiled the electric version of its popular compact car i10, which it plans to sell in the Indian market in near future as zero-emission urban commuter vehicle.
In sync with global focus on green technology, India's largest car exporter, Hyundai Motors, will unveil the electric version of its compact car `i10' during the upcoming Delhi Auto Expo next year.
The company will also showcase its existing range of products and its concept vehicles with futuristic technology during the event starting January 5, the company spokesperson said.
Chennai: Buoyed by the success of Santro first and i10 next, Hyundai Motor India Ltd (HMIL) on Tuesday said that it was now developing another small car by investing around Rs 800 crore for the Indian market. The company however did not reveal the launch date or other details of the car under development.
Exports Fall As Scrappage Schemes In Europe Set To Lapse By Year-End
EXPORTS by Indian small-car producers such as Maruti Suzuki and Hyundai Motor have started shrinking as scrappage schemes in various European markets are set to lapse by the year-end.
New Delhi: Car sales in August grew a robust 25.5% as companies despatched more vehicles to dealerships to boost stocks ahead of the demand spurt in forthcoming festive season. Maruti, Hyundai, Tata and Mahindra led the growth in car and passenger vehicle sales after a 31% growth in July.
INDIAN CARMAKERS SEE HUGE PROFITS IN FUEL EFFICIENCY INITIATIVES OF FRANCE, GERMANY & UK
Chanchal Pal Chauhan NEW DELHI
INDIAN carmakers are reaping the benefits of the incentives offered by the governments of Germany, France and the UK to people exchanging their old cars for new fuel-efficient ones.
