Hyundai announces nationwide monsoon service camp from June 25 to July 20
Hyundai Motor India Limited (HMIL) has rolled out its nationwide monsoon service camp, running from June 25 to July 20, 2025, across all authorised Hyundai workshops in India. Aimed at enhancing vehicle performance and safety during the rainy season, the initiative offers exclusive benefits, special discounts, and a comprehensive 70-point vehicle health check-up for Hyundai customers.The monsoon camp is designed to promote preventive maintenance awareness and ensure vehicles remain in peak condition amid challenging weather conditions. The health check-up covers critical systems such as brakes, lighting, tyres, wipers, batteries, electricals, and underbody components—vital for safe monsoon driving.advertisementTarun Garg, Whole-Time Director & Chief Operating Officer, HMIL, said, "At HMIL, we are committed to deliver impeccable driving experience through thoughtful and proactive customer care. The Monsoon Service Camp is designed to offer complete peace of mind to customers by ensuring their vehicles are ready for the rainy season. We urge all Hyundai owners to take advantage of this initiative and drive safe and worry-free this rainy season."Key Highlights of Hyundai's Monsoon Service Camp:70-point vehicle health check, including detailed inspections of brakes, electrical systems, and suspension.Up to 35% discount on Extended Warranty packages.15% discount on:Mechanical labour for Periodic Maintenance ServicesInterior and exterior beautification servicesUnderbody anti-rust coating10% discount on:10% discount on wear-and-tear parts such as brake pads, clutch, and suspension components.10% discount on essential components including headlamps, tail lamps, indicators, bulbs, and wiper blades.advertisement10% discount on labour charges for cowl panel cleaning and sunroof lubrication.Hyundai owners can visit their nearest service centre now and avail these offers to ensure safer, smoother, and worry-free drives this monsoon season.Subscribe to Auto Today Magazine- Ends
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
an hour ago
- Mint
Hyundai Motor India m-cap nears ₹2 lakh crore as stock jumps over 12% in just 4 sessions
Hyundai Motor India share price in focus today: Maintaining its winning streak for the second consecutive trading session, Hyundai Motor's share price rose 3.5% in Wednesday's trade (June 25), hitting a fresh all-time high of ₹ 2,144.90 apiece on heavy volumes. Today's gain has pushed the stock's cumulative gain to 12.4% over four sessions, bringing Hyundai's market capitalization closer to ₹ 2 lakh crore. Based on the day's high, the company's market cap stood at ₹ 1.75 lakh crore. The stock, which debuted on the Indian stock market in October 2024, remained on the sidelines for nearly seven months before picking up momentum in May and has continued the trend through June. Earlier this month, it surpassed its IPO price of ₹ 1,960 for the first time since listing and closed above this level on June 20. The bullish momentum in Hyundai Motor share price is being driven by strong technical indicators, a positive outlook from top brokerages, and improving sentiment in the broader Indian market, all of which have helped the stock break out of its consolidation phase, rewarding IPO investors who stayed the course. Domestic brokerage firm Avendus Spark has initiated coverage on Hyundai Motor India with a target price of ₹ 2,350 apiece, the highest target among analysts currently tracking the stock. Nomura, which already had a 'buy' call, reiterated its view and set a target of ₹ 2,291. These two are now the highest price targets on the Street for Hyundai Motor India. Earlier, Kotak Institutional Equities maintained its 'Buy' rating with a target price of ₹ 2,050, anticipating industry trends to improve from 2HFY26, supported by multiple tailwinds despite near-term challenges. The brokerage expects the company to gain market share from CY2026, driven by new and refreshed product launches in the SUV segment across multiple powertrains, along with an entry into the MUV segment in FY27, thereby expanding its total addressable market. The company's management has expressed an optimistic outlook on sustained export growth, targeting 7–8% volume growth in exports for the current fiscal year despite global headwinds. In FY25, Hyundai exported 163,386 vehicles, compared with 163,155 units in FY24, while domestic sales stood at 598,666 units, down from 614,721 units in FY24. On the domestic front, the company remains cautiously optimistic in the near term amid macroeconomic challenges and weakening consumer sentiment and expects FY26 domestic sales growth to broadly align with industry projections of low single-digit growth. Meanwhile, Hyundai announced an aggressive launch pipeline of 26 products (including facelifts) by FY2030, comprising 20 ICE vehicles and 6 EVs. It also plans to introduce new eco-friendly powertrains, such as hybrids, to diversify its portfolio. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Hindustan Times
5 hours ago
- Hindustan Times
Auto recap, June 24: Hyundai announces monsoon service camp, Honda Activa e gets new battery rental program
The Activa e looks modern yet has a simplicity that family buyers tend to like. The scooter will age gracefully in the years to come Check Offers The automotive industry is experiencing rapid changes, which makes it difficult to stay informed about all the latest advancements. At HT Auto, we are dedicated to delivering the most relevant and current information as it becomes available. Below is a concise overview of the key highlights from Tuesday, June 24. Honda Activa e gets new battery rental plan Honda Motorcycle and Scooter India (HMSI) has introduced a new and more economical battery rental option for the Activa e electric scooter. The newly launched Battery-as-a-Service (BaaS) Lite plan is set at ₹ 678 per month (+ GST), but is limited to 20 kWh. This adjustment renders the BaaS plan significantly more cost-effective compared to the previously announced options. Previously, Honda had unveiled BaaS plans beginning at ₹ 1,999 for the Basic Plan, which offers up to 35 kWh per month, while the Advance Plan is available for ₹ 3,599 and provides up to 82 kWh per month. These BaaS plans are exclusively offered with the Activa e, which is designed with swappable batteries. The battery swapping stations have been developed by Honda Motor Company in Japan and are operated by its subsidiary, Honda Power Pack Energy India. Also Read : Honda Activa e gets more affordable battery rental plan at ₹ 678 per month Mahindra Scorpio N to get new features soon Mahindra has released a new teaser of the Scorpio N on its social media. The rugged SUV is expected to get ADAS Level 2 which is already doing duty on the XUV 3XO and the XUV700. Few media reports also suggest that the Scorpio N will now come with a panoramic sunroof. There might be few other features on offer as well but as of now, it is not confirmed. Also Read : Mahindra Scorpio N confirmed to get ADAS suite soon, reveals latest teaser Hyundai announces monsoon service camp Hyundai Motor India Limited has unveiled its special monsoon camp, featuring a variety of offers and benefits applicable to its entire model lineup. The purpose of the monsoon camp is to inform customers about the preventive measures necessary during the monsoon season, while Hyundai vehicle owners can also take advantage of numerous benefits related to warranty, spare parts, repairs, and more. As part of the monsoon service camp, Hyundai is providing a thorough 70-point vehicle health check-up, which encompasses a meticulous inspection of brakes, front and rear lights, tyres, wipers, battery, electrical systems, suspension, and underbody components. Moreover, customers can benefit from exclusive offers, including discounts of up to 35 per cent on extended warranties, as well as a 15 per cent discount on mechanical labourm for periodic maintenance services, interior and exterior beautification, and underbody (anti-rust) coating. Customers are also entitled to a 10 per cent discount on the purchase of select spare parts such as brake pads, clutch and suspension components, wiper blades, headlamps, taillights, and indicator bulbs. Additionally, Hyundai is providing a 10 per cent discount on the labour for cowl panel cleaning and sunroof lubrication. Also Read : Hyundai announces monsoon service camp, offers comprehensive inspection, discounts & more Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 25 Jun 2025, 08:43 AM IST
Mint
20 hours ago
- Mint
Moglix's ₹600-cr war chest: What this unicorn is buying before its India IPO
Gift this article Accel-backed Moglix has earmarked ₹ 500-600 crore for acquisitions in FY26, as the online B2B marketplace for industrial tools and equipment aims to expand its product categories, with a particular focus on traditional manufacturing businesses in sustainable packaging and related sectors, a top company official official told Mint. Accel-backed Moglix has earmarked ₹ 500-600 crore for acquisitions in FY26, as the online B2B marketplace for industrial tools and equipment aims to expand its product categories, with a particular focus on traditional manufacturing businesses in sustainable packaging and related sectors, a top company official official told Mint. This initiative comes as the Singapore-headquartered unicorn prepares for a public listing in India in about two years. The startup—valued at $2.6 billion—has already spent close to ₹ 200 crore in the last two years towards acquiring manufacturing businesses and distributors, in a bid to strengthen its industrial procurement network. Its latest purchase was Uttarakhand-based paper manufacturer Khatema Fibres for ₹ 80 crore in November last year. 'We currently have over 150 categories and there is a multitude of opportunities in distribution and manufacturing. We are broad-based in terms of acquisition and will make a choice when we find the right asset in any category," Rahul Garg, founder and chief executive of Moglix, said in an interview. Most of Moglix's acquisitions are likely to be traditional manufacturing business as a large chunk of the industrial equipment industry is fragmented and unorganized, according to Garg. 'Both distribution and manufacturing are relatively traditional sectors and that is a primary target for us. We continue to operate in physical plus digital space so we have acquired distribution companies. We also continue to invest in building manufacturing plants." Packaging is already among Moglix's top 10 categories and has immense potential for growth, Garg noted. 'I believe it could become a ₹ 1,000-crore category in the next few years—it's already nearing ₹ 500 crore." Business-to-business (B2B) marketplaces that are online-first and technology-enabled are expected to represent a market opportunity of $200 billion by 2030 from $20 billion in 2022, according to estimates by Bessemer Venture Partners. Founded in 2015 by Garg, a former Google executive, Moglix has raised over $370 million to date. Backed by Tiger Global, Accel and Alpha Wave Global, Moglix competes with IPO-bound OfBusiness, and Zetwerk in the industrial supplies space. OfBusiness, currently valued at around $5 billion, has appointed Axis, JP Morgan, and Citi Bank as bankers for its upcoming $1-billion public issue, according to a Reuters report. Zetwerk is reportedly eyeing an IPO in the first half of 2025, aiming to raise as much as $1 billion. In March, Moglix appointed Sanjeev Arora as chief financial officer to focus on capital planning and prepare the company to enter the public markets. The firm will accelerate its IPO plans including initiating conversations with bankers towards the end of this year, with the aim of going public in less than two years, Garg said. In FY24, Moglix focused on balancing growth and profitability. Its revenue rose marginally to ₹ 4,964 crore from ₹ 4,704 crore the previous year, while losses eased to ₹ 189 crore. Moglix's revenue and profit improved year-on-year in the fiscal year ended March 2025, Garg said, without revealing exact figures as the financial statements are yet to be filed with the Registrar of Companies (ROC). The company ramped up its use of technology during the year, automating customer service and internal operations to improve efficiency—a move Garg believes will yield long-term benefits. Topics You May Be Interested In
