Urgent.News

What's breaking now, across thousands of outlets.

Business

Hyundai Motor's cumulative India sales set to top 10 mln vehicles this year

SEOUL, Oct. 11 (Yonhap) -- Hyundai Motor's cumulative vehicle sales in India are...

Hyundai Motor's cumulative India sales set to top 10 mln vehicles this year

Hyundai Motor is on track to surpass the 10 million cumulative vehicle sales milestone in India this year, marking a significant achievement for the South Korean automaker after nearly three decades of local sales. The company has already sold 9.88 million vehicles in India through the third quarter of 2024, with its production capacity at the Chennai and Pune plants set to exceed 1.1 million units by 2030.

Hyundai's diverse lineup in India includes popular models such as the i10, i20, Verna, Creta, Exter, and Alcazar SUVs, contributing to its strong sales performance. The company's annual sales in India surpassed 500,000 units in 2016, reaching 605,433 units in 2024, with SUVs accounting for about 70% of its total sales last year. Hyundai's CEO, Jose Munoz, has set an ambitious target of increasing SUV sales to 80% by 2030.

Brief written by urgent.news from Yonhap News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at en.yna.co.kr →

More in Business

Wunti Warns Africa Against Repeating Its Oil Mistake

Bala Wunti used the 2026 Concordia Annual Summit in New York to warn that Africa’s new mineral wealth, lithium, cobalt and rare earth elements, could easily repeat the mistakes of

  • Bala Wunti warns Africa against repeating oil industry mistakes.
  • Africa poised for mineral boom in lithium, cobalt, rare earths.
  • Advocates transitioning to processing critical minerals, not raw exports.

Newspaper Subscriptions in Japan Fall below 50 Pct for 1st Time

Tokyo, Oct. 11 (Jiji Press)--The newspaper subscription rate in Japan fell below 50 pct for the first time ever, a survey has found.

  • Newspaper subscriptions in Japan fell below 50% for the first time.
  • 49.8% of respondents had monthly newspaper subscriptions.
  • Television programs topped news sources, with 84.2% reliance.

More from Sunday 11 October →