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Hyundai used to assemble cars in Pakistan until 2004, when their local partner Dewan Farooque Motors went bankrupt. [6] Hyundai Nishat Motor signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21. [7] [8] Hyundai Nishat Motor launched Elantra sedan in March 2021. [9]
Motor vehicle Hyundai Tucson Hyundai Tucson (NX4, SWB) PHEV Overview Manufacturer Hyundai Also called Hyundai ix35 (2009–2015) Production 2004–present Model years 2005–present Body and chassis Class Compact crossover SUV (C) Body style 5-door SUV Layout Front engine, front-wheel-drive Front engine, all-wheel-drive The Hyundai Tucson is a compact crossover SUV produced by the South Korean ...
2023 AI3 CUV 2023 India Crossover based on the Grand i10 for the Indian market. - Ioniq 5: 2021 NE 2021 Global Electric compact crossover SUV under the Ioniq sub-brand. 99,727 Ioniq 9: 2025 ME 2025 Global Electric full-size crossover SUV under the Ioniq sub-brand. - Kona/ Kauai: 2017 SX2 2023 Global, developed market-oriented
Car of the Year 2021, Mid-size Company Car of the Year 2021, and Premium Electric Car of the Year 2021 from Auto Express at the New Car Awards 2021. [100] Won 2021 IDEA Design Award gold prize. 2022 New Zealand Car of the Year [101] 2022 German Car of the Year; 2022 'Best Import Cars of the Year' by Auto Bild, winning the "Electric Car" category.
July 2024 data showed that the inflation rate had dropped to 2.9%, the lowest since March 2021, with used car prices returning to normal following the 2020–2023 global chip shortage. [182] Increases in rent, [183] childcare [184] and electricity [185] still outpaced inflation at around 5%.
In early 2022, Hyundai Motor Philippines, Inc. (HMPH) became the official distributor of Hyundai passenger cars in the country after the company was able to take over its passenger car operations from HARI, [114] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
In June 2021, Hyundai introduced a long-wheelbase, three-row version of the Creta as the Hyundai Alcazar in India, as the Hyundai Creta Grand in Mexico and as the Hyundai Grand Creta elsewhere. [ 99 ] [ 100 ] Produced in India (codename: SU2i LWB ), it features a reworked front styling, 6-seater and 7-seater options, and available with a 2.0 ...
Dewan Farooque Motors Company Limited was incorporated in December 1998 by Dewan Yousuf Farooqui to assemble Hyundai and Kia vehicles in Pakistan. [2] This followed an earlier introduction of Kia cars in 1994 by Naya Daur Motors, which reportedly collected around Rs 800 million in booking fees from approximately 16,000 customers but delivered only a limited number of vehicles before its collapse.