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Hyundai to invest Rs 7,000 crore in Tamil Nadu, create 700 new jobs

Hyundai Motor plans to invest Rs 7,000 crore to increase its production at Sriperumbudur facility, that would help create 700 new jobs.

The company also unveiled new CB650R and three extensive upgrades for existing CB 500F, CBR 500R and CB 500X models at the EICMA 2018 motor show.
Tesla's CEO Elon Musk tweeted about the expansion plans after the company posted a profit of $311.5 million in the September quarter.
Workers at the manufacturing facility were on strike last month asking pay increment, right to organise unions and for job security.
Maruti Suzuki India names Varun Dhawan as the brand ambassador for it's Arena line of showrooms
Royal Enfield showcased its mid-sized Continental GT 650 Twin and Interceptor INT 650 motorcycles at the ongoing the Milan Motorcycle Show 2018
The latest XPulse 200T comes with features like ABS, LED head and tail lamps, digital speedometer with Bluetooth connectivity and navigation facility
The automotive industry has been witnessing subdued retail sales for passenger vehicles segment in recent months because of low consumer buying sentiment.
India's largest automobile manufacturer on Wednesday said it has launched a turnaround program at its UK-based subsidiary Jaguar Land Rove
The Supreme Court Wednesday said that no Bharat Stage IV vehicle shall be sold across the country with effect from April 1, 2020.