Hyundai Goes Big on India with 26 New Models as It Plots 100+ Vehicle Global Offensive
13 Articles
13 Articles
Hyundai Plans 26 New Models in India by 2030, Targets Bigger Role for Country in Global Operations
Get latest articles and stories on Business at LatestLY. Hyundai Motor Company plans to launch or refresh 26 models in India by 2030 as part of a wider global product offensive that will see the automaker introduce or update more than 100 vehicles worldwide, according to the company's official statement. Business News | Hyundai Plans 26 New Models in India by 2030, Targets Bigger Role for Country in Global Operations.
Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensive
Hyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, the automaker plans to unveil twenty-six new models along with an increase in production capacity. By diversifying its hybrid and extended-range electric vehicle lineup, Hyundai seeks to position India as its second-largest global hub, responding to a dynamic market landscape.
Hyundai Motor has raised its 2030 operating profit margin target to "over 9%" despite intensifying global competition. The company plans to launch more than 100 new models in global markets by 2030 and expand global production capacity by 1.27 million units, aiming to achieve the global sales target of 5.55 million units set last year without any setbacks. This includes achieving cost-cutting innovations and expanding into robotaxi foundry (cont…
(Seoul = Yonhap News) Reporter Jang Ha-na = Hyundai Motor Company plans to aggressively launch more than 100 new models in the global market by 2030 and increase its annual global production capacity...
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