Hyundai sees slowdown in urban areas
A slowdown in car sales was inevitable, says Hyundai Motor India's Tarun Garg.
A slowdown in car sales was inevitable, says Hyundai Motor India's Tarun Garg.
The American auto major launched a Sport variant of its SUV in India, priced at ₹35.10 lakh.
MD and CEO Martin Schwenk says he wants to cater to all segments—from an electric car to a super sports car, to SUVs, to the limousine.
How the auto sector can overcome the slowdown by driving internal efficiencies.
What slowdown, ask two new entrants in the Indian auto market, as they find buyers amidst the gloom and doom around them.
The expo, which will see launches of connected, Internet cars, will be live-streamed on Facebook Watch and Instagram IGTV. There will be augmented reality and virtual reality booths, too.
The industry, which contributes 7% to the GDP, has seen falling sales for more than a year.
The industry has been under a slowdown for more than a year; it expects the Budget to help revive consumer demand.
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
About 50 new launches are expected at the February 7-12 event.