Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Hyundai's Chennai plant resumes operations after fire, targets full recovery by June 22
Hyundai Motor India's Chennai plant is recovering after a fire at a supplier's facility. Production at Chennai Plant 1 was affected, but other facilities continued operations. The company sourced parts from alternative locations. Chennai Plant 1 is expected to return to normal production by June 15. Full manufacturing operations should be restored by June 22.

Hyundai Motor India schedules investor conference for June 12 - scanx.trade
Hyundai Motor India schedules investor conference for June 12scanx.trade

Big June Discounts On Cars: Hyundai, Maruti, Tata Offer Savings Of Up To Rs 2.15 Lakh
Hyundai, Maruti Suzuki and Tata Motors have rolled out attractive discounts and benefits for the month of June.
Hyundai invites startup applications for Innovation Challenge 2026
Hyundai Motor India is seeking innovative startups for its Hyundai Innovation Challenge 2026. This six-month program focuses on advanced solutions in electrification, new mobility, and AI. Startups can apply until June 2026. The challenge encourages groundbreaking ideas beyond the listed focus areas. This initiative aims to foster future vehicle technologies.
Hyundai Motors, Tamil Nadu govt join hands to build EV manufacturing, skill hub
Hyundai Motor India Limited is collaborating with the Tamil Nadu government to transform the region into India’s foremost electric vehicle center. This initiative will also introduce a skill development program aimed at enhancing job prospects for the state's young population.
Hyundai Motor India to roll out its first mass-market EV from Chennai facility this year
This year, Hyundai Motor India will unveil two innovative vehicle models sourced from its Chennai plant, featuring the company’s first budget-friendly electric vehicle designed for the masses. Committed to turning Tamil Nadu into its electric vehicle headquarters in India, Hyundai is simultaneously expanding its network of charging stations.

Hyundai Motor India To Roll Out Its First Mass-Market EV From Chennai Facility This Year
The Tamil Nadu government and Hyundai Motor India Ltd (HMIL) also jointly announced a skill development collaboration to enhance the global employability of the state's youth.
Tata Motors, Mahindra lead the pack as EV sales surge 79%
India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JSW MG Motor and Hyundai Motor experienced a decline. Higher fuel prices are driving consumers to electric vehicles. This trend shows sustained growth in the electric car sector.
Hyundai reports fire incident at supplier's facility
Hyundai Motor India announced that a fire incident occurred at one of the manufacturing facilities of the company's supplier i.e. Mobis India (Mobis) at Irrungattukottai, Kancheepuram District of Tamil Nadu in the late afternoon of 31 May 2026. No fatality has been reported.

Maruti, M&M May Sales Beat Estimates With Over 20% Growth; Hyundai Misses Forecast
Domestic sales climbed 35% to 2 lakh units
Auto sales surge in May: Maruti hits record high, Hyundai, Mahindra and Toyota gain momentum
Major automotive manufacturers Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra, and Toyota Kirloskar Motor recorded positive growth in their sales figures for May 2026. The rise comes due to sustained domestic demand and strong performances across their respective passenger and commercial vehicle segments. However, the industry is showing signs of short to medium term moderation even though structural drivers such as infrastructure spending and replacement demand remain supportive for long term growth.

Hyundai Flags Temporary Production Disruption After Fire At Supplier Mobis' Tamil Nadu Plant
The affected facility supplies audio components and certain other automotive parts to Hyundai.