Indian automakers

Hyundai IPO: Hyundai’s IPO Is Poised to Boost Indian Automakers’ Valuations

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Hyundai IPO: Hyundai’s IPO Is Poised to Boost Indian Automakers’ Valuations

Hyundai Motor India Ltd.’s plan for one of India’s largest share sales may further boost valuations for the nation’s already-buzzing automakers. The listing may value the South Korean carmaker’s Indian unit at $25 billion, Bloomberg News reported previously. That would make it the nation’s fourth biggest automaker by market value, a milestone analysts say bodes … Read more

The year of the SUV: When Indian automakers started riding higher

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The year of the SUV: When Indian automakers started riding higher

In 2023, SUVs (sports utility vehicles), though shrunk from their original avatars, came to rule India’s auto market. The number of SUV launches hit a new high this calendar year at 108, reaching the three-figure mark for the first time. The craze for SUVs can be gauged from the fact that they overtook all other … Read more