Hyundai Motor Q2 results: PAT falls 15.5% amid weak market, Red Sea crisis

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HMIL stock dropped 0.98 per cent to Rs 1,804.

Competitors Maruti Suzuki and Toyota currently lead in India’s hybrid market, viewing hybrids as a bridge between internal combustion engines and electric vehicles.

In Q2, the company sold 191,939 passenger vehicles, including 149,639 units in the domestic market, driven primarily by SUV sales.

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Category: BusinessFinance

Markets: India

Topics: Stock markets Indian markets Hyundai Motor India Hybrid tech Red Sea crisis

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-11-12 @ 18:29:44 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 585 words

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