Latest news with #Grandi10Nios


News18
12-08-2025
- Automotive
- News18
Hyundai Motor Shares Rise 3% After Goldman Sachs Initiates ‘Buy' Coverage
Shares of Hyundai Motor India Ltd. climbed as much as 3%; Key points for investors Hyundai Motor Share Price: Shares of Hyundai Motor India Ltd. climbed as much as 3% to Rs 2,222 in morning trade on August 12, extending gains for a second straight session after Goldman Sachs initiated coverage with a buy rating, citing multiple growth drivers. The global brokerage set a target price of Rs 2,600 per share, implying a 21% upside from the last NSE close, and said the automaker is well-positioned to outpace peers, particularly in FY27–FY28. Growth is expected to be fuelled by successful EV launches, market share gains in emerging economies, and upcoming product introductions, which could lift market share by 120 basis points between FY25 and FY28. Goldman Sachs projects Hyundai's volumes to grow at a CAGR of over 8% over the next three years, compared with the domestic auto industry's 5.3%. While near-term startup costs are anticipated, the firm believes these will be offset by an improved SUV/export mix, with the company also set to benefit from a potential domestic market upcycle in FY27. For Q1 FY26, Hyundai Motor India posted an 8.08% year-on-year decline in consolidated net profit to Rs 1,369.23 crore, from Rs 1,489.65 crore a year earlier, weighed down by weak domestic sales. Revenue from operations fell 5.37% to Rs 16,412.87 crore from Rs 17,344.23 crore, while EBITDA dropped 6.63% to Rs 2,185.2 crore. Operating margin narrowed by 20 bps to 13.3%. Domestic volumes contracted 11.5% to 1,32,259 units, but a 13% rise in exports to 48,140 units partly cushioned the overall decline. Total volumes fell 6.1% to 1,80,399 units. The Creta remained the top-selling SUV in Q1 with 47,662 units, followed by the Venue (22,331 units) and the Exter (17,188 units). Hyundai's current portfolio includes 12 ICE models — such as the Grand i10 Nios, Verna, Creta, and Alcazar — and two EVs, the Creta Electric and Ioniq 5. At 9:40 am, the stock was trading at Rs 2,196, up 2.1% from the previous close. Hyundai Motor India shares have gained nearly 20% so far in 2025. view comments First Published: News business » markets Hyundai Motor Shares Rise 3% After Goldman Sachs Initiates 'Buy' Coverage Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Mint
06-06-2025
- Automotive
- Mint
Hyundai's wireless Apple CarPlay and Android Auto adapter now available for Venue, i10 NIOS and other models
Hyundai has introduced a nifty new gadget for its car users that will allow for a more convenient and seamless connection between their mobile phones and the infotainment systems. Applicable to all models, including the Grand i10 Nios, Exter, Verna, Aura, Venue N Line, and Venue, this gadget will now offer wireless connectivity, enabling Android Auto and Apple CarPlay. The new gadget is an adapter that costs about ₹ 3,800. It was first introduced for the Hyundai Alcazar and the manufacturer is now making it available for other models as well. With this latest development, all Hyundai models in India can now be equipped with wireless mobile phone connectivity. The new wired-to-wireless adapter is said to improve the convenience and ease of usage, whether navigating maps or streaming music. The wireless adapter allows users to access their mobile apps (as supported by Apple CarPlay and Android Auto) directly through the vehicle's OEM-fitted infotainment system. Hyundai Motor India Limited continues to focus on delivering cutting-edge features, smart technology, and future-ready mobility solutions that meet the evolving needs of Indian customers. Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, stated that the Wired to Wireless Adapter reaffirms the company's commitment to providing accessible and advanced connectivity solutions across its product range. Alongside the introduction of the wired-to-wireless adapter for the Grand i10 Nios, Exter, Verna, Aura, Venue N Line, and Venue, Hyundai had also updated the Verna lineup with new variants. The new Hyundai Verna SX+ is priced from ₹ 13.79 lakh (ex-showroom). Meanwhile, the higher-spec iVT variant is priced at a premium to the manual, at ₹ 15.04 lakh (ex-showroom). The new variant of the Hyundai Verna features a range of amenities, including a Bose 8-speaker system, leather seat upholstery, ventilated and heated front seats, front parking sensors, LED headlamps, and more modern conveniences. Previously, the carmaker had updated the Hyundai Alcazar lineup with a new variant. The Verna is available with either a 1.5-litre naturally aspirated petrol engine or a 1.5-litre turbo petrol unit. The 1.5-litre NA petrol engine is available with a six-speed manual gearbox and IVT, producing 114 bhp peak power and 143.8 Nm of maximum torque.


Hindustan Times
05-06-2025
- Automotive
- Hindustan Times
Hyundai Venue, Exter and more now get wireless Android Auto and Apple CarPlay, but there's a catch
Hyundai Motor India has announced that models like the Grand i10 Nios , Exter , Verna , Aura , Venue N Line and Venue will now get wireless Android Auto and Apple CarPlay. This has been done using a wired to wireless adapter. The company had first introduced the adapter with the Hyundai Alcazar . With the latest update, the entire lineup of Hyundai in India can be had with wireless mobile phone connectivity. The wired to wireless adapter was first introduced with the Hyundai Alcazar The new wired to wireless adapter is claimed to enhance the convenience and ease of using the infotainment system. Whether navigating maps or streaming music, the wireless adapter enables users to access their mobile apps (as supported by Apple CarPlay and Android Auto) directly through the vehicle's infotainment system. Also Read : Hyundai Verna gets a new SX+ variant starting at ₹13.79 lakh. Here's what it gets With the new Wired to Wireless Adapter, HMIL continues to focus on offering cutting-edge features, smart technology and future-ready mobility solutions that resonate with the evolving needs of Indian customers. Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, stated that the Wired to Wireless Adapter reaffirms the company's commitment to offering accessible and advanced connectivity solutions across the product range. Hyundai Verna: New variants added Along with the introduction of the wired to wireless adapter for Grand i10 Nios, Exter, Verna, Aura, Venue N Line and Venue, Hyundai has also updated the Verna lineup with new variants. The new Hyundai Verna SX+ is priced starting at ₹13.79 lakh (ex-showroom). Meanwhile, the higher spec iVT variant is priced at a premium to the manual at ₹15.04 lakh (ex-showroom). The Hyundai Verna is available with either a 1.5-litre naturally aspirated petrol engine or a 1.5-litre turbo petrol unit. The 1.5-litre NA petrol engine is available with a six-speed manual gearbox and IVT, while it churns out 114 bhp peak power and 143.8 Nm of maximum torque. Also watch: Hyundai Verna 2023: First Drive Review The new variant of the Hyundai Verna gets multiple features including a Bose 8 speaker system, leather seat upholstery, ventilated and heated front seats, front parking sensors, LED headlamps and more such modern conveniences. Prior to this, the carmaker had updated the Hyundai Alcazar lineup with a new variant. First Published Date:


Hindustan Times
05-06-2025
- Automotive
- Hindustan Times
Hyundai Venue, Exter and more now get wireless Android Auto and Apple CarPlay, but there's a catch. Check details
The Hyundai Exter, Grand i10 Nios, Venue and more now get wireless Android Auto and Apple CarPlay using a wired to wireless adapter Check Offers Hyundai Motor India has announced that models like the Grand i10 Nios, Exter, Verna, Aura, Venue N Line and Venue will now get wireless Android Auto and Apple CarPlay. This has been done using a wired to wireless adapter. The company had first introduced the adapter with the Hyundai Alcazar. With the latest update, the entire lineup of Hyundai in India can be had with wireless mobile phone connectivity. The new wired to wireless adapter is claimed to enhance the convenience and ease of using the infotainment system. Whether navigating maps or streaming music, the wireless adapter enables users to access their mobile apps (as supported by Apple CarPlay and Android Auto) directly through the vehicle's infotainment system. Also Read : Hyundai Verna gets a new SX+ variant starting at ₹ 13.79 lakh. Here's what it gets With the new Wired to Wireless Adapter, HMIL continues to focus on offering cutting-edge features, smart technology and future-ready mobility solutions that resonate with the evolving needs of Indian customers. Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, stated that the Wired to Wireless Adapter reaffirms the company's commitment to offering accessible and advanced connectivity solutions across the product range. Hyundai Verna: New variants added Along with the introduction of the wired to wireless adapter for Grand i10 Nios, Exter, Verna, Aura, Venue N Line and Venue, Hyundai has also updated the Verna lineup with new variants. The new Hyundai Verna SX+ is priced starting at ₹ 13.79 lakh (ex-showroom). Meanwhile, the higher spec iVT variant is priced at a premium to the manual at ₹ 15.04 lakh (ex-showroom). The Hyundai Verna is available with either a 1.5-litre naturally aspirated petrol engine or a 1.5-litre turbo petrol unit. The 1.5-litre NA petrol engine is available with a six-speed manual gearbox and IVT, while it churns out 114 bhp peak power and 143.8 Nm of maximum torque. Also watch: Hyundai Verna 2023: First Drive Review The new variant of the Hyundai Verna gets multiple features including a Bose 8 speaker system, leather seat upholstery, ventilated and heated front seats, front parking sensors, LED headlamps and more such modern conveniences. Prior to this, the carmaker had updated the Hyundai Alcazar lineup with a new variant. First Published Date: 05 Jun 2025, 10:46 AM IST


India Today
21-05-2025
- Automotive
- India Today
Hyundai SUVs, hatchbacks have discounts up to Rs 75,000. Check all details here
Hyundai Motor India is offering benefits up to Rs 75,000 on its hatchbacks and SUVs. The offers can be availed till the end of this month, May carmaker sells models like the Grand i10 Nios, i20, i20 N Line, Aura, Verna, Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson, Creta Electric and Ioniq 5 (EV).However, the offers are on hatchbacks like the Grand i10 Nios and the i20, and SUVs like the Exter and the Venue. Following are the benefits on these models.i20 - Rs 55,000Grand i10 Nios - Rs 65,000Exter - Rs 55,000Venue - Rs 75,000advertisementHyundai started FY26 on a slippery road as its domestic wholesales declined 11.61% year-on-year (y-o-y) at 44,374 units in April from 50,201 units in the year-ago company recently announced that it will launch 26 models in the country by FY30. Among them will be 20 internal combustion engine (ICE) vehicles and six electric vehicles (EVs).With two out of every three Hyundai vehicles sold in India being SUVs, such models will make up a significant portion of the carmaker's portfolio going addition to 26 ICE and EV models, Hyundai will also introduce hybrid vehicles in to Auto Today Magazine