Mexico tariff on India is set to hit $1-billion car exports, VW seen most exposed| Business News

Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by Volkswagen Group AG and Hyundai Motor Co., despite the industry lobbying against such a move. Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany’s Volkswagen Group, accounts […]

Hyundai outlines ₹45,000-crore India growth plan amid sliding market share| Business News

Hyundai Motor Co. Ltd. has outlined a ₹45,000-crore investment plan for India to make the country its second largest region globally, even as its market share erodes in the world’s third largest car market. Hyundai CEO Jose Munoz at Hyundai India’s first investor day in Mumbai on Wednesday, 15 October 2025. (Handout Image) Hyundai India […]

Hyundai India appoints Tarun Garg as MD & CEO as Unsoo Kim resigns| Business News

Tarun Garg has become the first Indian to lead Hyundai Motor Co. Ltd.’s India operations since the South Korean carmaker entered the subcontinent with the Santro in 1996. Hyundai India MD & CEO Designate Tarun Garg. (Tushar Deep Singh/HT) Effective 1 January 2026, Garg will replace Unsoo Kim as managing director and chief executive officer […]