Hyundai Motor India Ltd (HMIL), the countryâ€™s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 34,005 units and exports of 12,500 units with cumulative sales of 46,505 units for the month of February 2014.
A coalition of auto and technology companies today announced a new industry alliance to bring the Android platform to cars.
Automobile sales during the year 2013 ran out of gas as low market sentiments, high interest rates and a depreciating economy played spoil sport. Except Maruti, Hyundai and Honda, all other major car makers registered negative growth.
Spy-shots of the new Hyundai Grand i10 Automatic sedan, currently on test in Chennai, have surfaced online. This upcoming sub 4 meter sedan, is going to be launched in 4th February, on the eve of 2014 Delhi Auto Expo.
With most buyers staying out of car showrooms during the month of December, automakers across the country are offering hefty discounts, innovative schemes and freebies to stir up enthusiasm. Car prices are also set to rise in January and this could result in many prospective buyers opting for making purchases in December despite lower resale value in the years ahead.
Hyundai India will launch third generation version of Santa Fe at the Auto Expo 2014 to be held in Greater Noida in February. 2014 Santa Fe was first introduced in late 2012. It will sport a modified version of Hyundai Fluidic design language called Storm Edge design. This design will make its way into all SUVs from the Hyundai stables in the future.
With the New Year just around the corner, automakers in the company are indicating price hike in the offing. Maruti Suzuki and Hyundai have already indicated intentions to raise prices from January, while other automakers may also follow suit.
The new Hyundai Grand i10 sedan was recently spied on test along the Chennai-Vellore highway. This might be the indication that South Korean automakers are soon going to introduce this model in the Indian auto industry. Expected to go on display at 2014 Auto Expo, the new Grand i10 sedan will compete against the likes of Honda Amaze, Maruti DZire and Tata Indigo eCS.