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Hyundai Motor Company and TVS Motor Company have signed a Joint Development Agreement JDA to co-de...
Hyundai Motor Group unveiled its definitive roadmap for the Physical AI era, headlined...
Hyundai Motor Company has announced a formal investigation into the employment practices of its supp...
Hyundai Motor India Limited (HMIL), India’s first smart mobility solutions provider and the largest exporter since inception, today signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra. The Term Sheet covers the proposed acquisition of (i) Land & Buildings and (ii) Certain machinery and equipment […]
Apple Inc supplier Foxconn will reopen an iPhone manufacturing facility in southern India on Wednesday, January 12, 2022, with 500 workers, government officials, and a legislator in the region where the plant is located told Reuters. The Foxconn plant, in the town of Sriperumbudur near the Tamil Nadu state capital of Chennai, employed about 17,000 […]
Renault Nissan’s south India plant staff to stay away on Monday Workers at the Renault Nissan plant in southern India will not report for work on Monday over coronavirus-related safety concerns, according to a union letter to the company seen by Reuters, and two sources familiar with the matter. Ford and Hyundai have also shut plants in […]
According to media reports, Ford India has announced to shut its Chennai plant for three days from Friday to Sunday following workers’ protest. Today, few workers boycotted the lunch and staged a sit-in protest urging the company to address their COVID-19 related demand. The Union has urged the company to pay a compensation of Rs. […]
Hyundai plans to invest Rs 3,200 crore in India According to a TOI report, leading car manufacturer Hyundai Motor plans to invest over Rs 3,200 crore in India in the next four years. The investment will help the company expand its product portfolio and launch cars that include electric vehicles, as the world and India shift to […]
India’s largest two-wheeler manufacturer Hero MotoCorp said that it will start operations in a graded manner at three of its manufacturing plants —Gurugram and Dharuhera- Haryana, and Haridwar-Uttarakhand, and additionally the Global Parts Center (GPC) at Neemrana in Rajasthan. These manufacturing plants reopened on Monday and production at these facilities will commence from Wednesday. The […]
Amidst Coronavirus outbreak, India’s major automobile companies like Bajaj Auto, Ford Motor, TVS Motor, and Renault-Nissan, etc have announced the temporarily shut down of their manufacturing plants. Two-wheeler major TVS Motor Company in a statement said, “In view of COVID-19, and considering the safety and well being of its employees, the company as an interim […]
