Latest Sonet News & Updates

Seoul, June 21 (IANS) Hyundai Motor and Kia posted robust sales growth in India during the first five months of the year, driven by strong demand for their sport utility vehicle (SUV) lineups, industry data showed on Sunday.Hyundai’s passenger vehicle sales in India reached 266,317 units in the January-May period, up 10.1 percent from a year earlier, according to the data from the Society of Indian Automobile Manufacturers (SIAM).Kia also recorded robust growth, with sales rising 14.6 percent on…

New Delhi, June 1 (IANS) India’s passenger vehicle (PV) market posted a strong performance in May 2026 despite a sharp rise in fuel prices, as major automakers reported healthy growth driven by sustained consumer demand and continued momentum in the SUV segment.According to industry estimates, domestic PV wholesales grew by more than 25 per cent year-on-year (y-o-y) to nearly 4,40,000 units in May, compared to around 3,51,000 units in the same month last year.The country’s largest carmaker, …

New Delhi, March 1 (IANS) Hyundai Motor India Limited (HMIL) on Sunday reported a 12.6 per cent year-on-year (YoY) jump in total sales at 66,134 units in February 2026 — marking its highest-ever February performance since it began operations in India.The company said domestic sales rose 9.8 per cent to 52,407 units last month, while exports surged 24.8 per cent to 13,727 units.The combined performance helped Hyundai achieve its best-ever total and domestic sales for the month of February.Hyunda…