Hyundai Motor Group Attains 100 Million Car Production Milestone
- By MT Bureau
- September 30, 2024

South Korean auto major Hyundai Motor Company has achieved a significant manufacturing milestone, marking 100 million units of global cumulative production. This achievement was accomplished in 57 years since the company’s foundation, making it one of the fastest in the global automotive industry. In honour of this milestone, Hyundai Motor held a ceremony at its Ulsan Plant in Korea.
The company delivered its 100 millionth and first vehicle, an Ioniq 5, directly to a customer. The vehicle rolled off the final inspection conveyor belt at Ulsan Plant’s shipping centre during a special handover ceremony. The event also featured a celebratory display commemorating ‘100 million and 1’, symbolising Hyundai Motor’s commitment to pushing one step further with its past accomplishments as the foundation.
Jaehoon Chang, President & CEO, Hyundai Motor Company said, “Reaching global cumulative production of 100 million vehicles is a meaningful milestone that was possible thanks to our customers around the world who have chosen and supported Hyundai Motor since the very beginning. Taking on bold challenges and being in constant pursuit of innovation has enabled us to achieve rapid growth and will empower us to take ‘one step further’ toward another 100 million units as a mobility game changer.”
The automaker states that its Ulsan Plant, which began operations in 1968, holds significant historical importance as the ‘birthplace of the development of the Korean automobile industry.’ Notably, the plant produced Korea’s first mass-produced independent model, the Pony, in 1975.
At present, the Ulsan Plant is a central hub for electrification, and the company is establishing a dedicated electric vehicle (EV) facility at the site.
Dong Seock Lee, President and Head of Domestic Productions at Hyundai Motor Company added, “Each and every employee at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication. This auspicious occasion is just the first step toward the future era of electrification that Hyundai Motor will lead.”
The historic achievement follows Hyundai Motor’s continuous growth, fuelled by the launch of its premium brand Genesis, the high-performance brand N, and the introduction of EVs such as the Ioniq 5 based on the dedicated electric global modular platform (E-GMP).
The company’s global footprint has expanded with production facilities in Turkey, India, the U.S., and the Czech Republic, contributing to record achievements including surpassing 50 million vehicles manufactured in 2013.
Last year, Hyundai Motor built on this momentum by establishing the Hyundai Motor Group Global Innovation Center Singapore (HMGICS), a new concept of a smart urban mobility hub. The innovative manufacturing platforms and advanced technologies developed there, including artificial intelligence (AI), robots, and smart factories, are set to be introduced to future production factories, such as Hyundai Motor Group Metaplant America (HMGMA), maximising production efficiency.
Kia India Appoints New Sales and Business Chiefs In Leadership Reshuffle
- By MT Bureau
- October 03, 2025

Kia India has announced a significant change to its leadership team, naming Sunhack Park as Chief Sales Officer (CSO) and Joonsu Cho as Chief Business Officer (CBO).
As the new CSO, Park will head Kia India’s sales strategy, focusing on sustainable growth, improving operational efficiency and expanding the brand’s market reach. He brings over 28 years of international automotive experience, having held key leadership positions at Kia Headquarters in South Korea, the Middle East & Africa (MEA) and India.
Cho, in his role as CBO, will be responsible for crafting business strategies, overseeing production planning and export logistics, leading cross-functional teams and forging strategic alliances to ensure operational excellence. He has over 32 years of leadership experience from global roles in Australia, the UK and Europe.
Sunhack Park, said, “I am privileged to take on the role as Chief Sales Officer. This is an exciting phase for the brand as we continue to expand our presence in a dynamic and evolving market. My focus will be on driving sales growth, optimizing operational efficiency, and strengthening our dealer and partner ecosystem.”
Joonsu Cho, said, “I am honored to assume the role of Chief Business Officer. Kia India has made remarkable strides in the market, and my priority will be to develop and execute robust business strategies that support sustainable growth and operational excellence.”
- RattanIndia Enterprises
- Revolt Motors
- Raghava Rao
- TI Clean Mobility
- Montra Electric
- Bajaj Auto
- Tata Motors
- Piaggio Vehicles
- Kinetic Engeering
- Anjali Rattan
Revolt Motors Appoints Raghava Rao As New Chief Business Officer
- By MT Bureau
- October 03, 2025

RattanIndia Enterprises-owned Revolt Motors, a leading electric motorcycle brand, is strengthening its leadership team and has appointed Raghava Rao as its new Chief Business Officer (CBO).
Rao, a seasoned industry leader, comes with over two decades of diverse experience across the automotive sector, spanning two-wheelers, tractors, three-wheelers and commercial vehicles.
Prior to joining Revolt Motors, he has held senior leadership positions at Kinetic Engineering, Bajaj Auto, Tata Motors, Piaggio Vehicles and TI Clean Mobility (Montra Electric).
Roy Kurian Joins Revolt Motors As President
Rao has expertise in channel sales, customer support, customer experience and market insights, with a proven track record of driving business growth and customer success.
Anjali Rattan, Chairperson, RattanIndia Enterprises, said, “We are delighted to welcome Raghava Rao to the Revolt family. His deep expertise in the automotive industry and proven leadership across multiple business functions will play a crucial role in accelerating our growth journey and further strengthening Revolt’s position as India’s No.1 electric motorcycle brand.”
Rao is an alumnus of the Indian School of Business (General Management Program), holds a B.Tech degree from BITS Pilani, and a PGCSM from XLRI Jamshedpur.
Mahindra Launches New Thar SUV At Prices Starting INR 999,000
- By MT Bureau
- October 03, 2025

Mumbai-headquartered SUV major Mahindra & Mahindra has launched the new Thar with prices starting at INR 999,000. The vehicle incorporates design changes, comfort features and technology integration, engineered for urban travel and weekend adventures.
The popular SUV has gone home to over 300,000 customers, now features a new exterior, which includes a front grille, a dual-tone front bumper and R18 alloy wheels. The interior includes a black theme dashboard and a new steering wheel. It is available in six colour options, including two new additions: Tango Red and Battleship Grey.
For comfort and convenience, the Thar features rear AC vents for second-row passengers, a sliding armrest and a dead pedal (automatic transmission models). Door-mounted power windows, a rear-view camera and an internally operated fuel lid are included. The vehicle also has a rear wash & wiper and an A-Pillar entry assist handle.
The Thar is equipped with a 26.03 cm HD infotainment screen that supports Android Auto and Apple CarPlay. Other tech includes Type-C USB ports and Adventure Stats Gen II, which provides off-road data such as a racing tab, altimeter, outside temperature and pressure, trip meter and steering direction.
Mahindra offers a range of engine options paired with transmissions – a 6-speed manual or a 6-speed torque converter automatic – in RWD as well as 4X4 configurations.
Nalinikanth Gollagunta, CEO - Automotive Division, Mahindra & Mahindra, said, “Over the years, Thar has become more than just an SUV – it’s a symbol of freedom, adventure, and a lifestyle that resonates deeply with our customers. At Mahindra, we are committed to listening to our customers and evolving with their needs, which is why the New Thar reflects both their feedback and our dedication to provide the best to our customers. By blending new design elements, smart technology, enhanced comfort and convenience features, the new Thar offers an unparalleled driving experience that empowers our customers to explore limitless possibilities in both urban and off-road settings.”
Citroen Launches New Aircross X SUV At INR 829,000
- By MT Bureau
- October 03, 2025

Stellantis-owned Citroen India has launched the new Aircross X SUV, the latest addition to its premium X-Series portfolio, with an introductory price starting at INR 829,000. The launch, the company said, is a key step in the brand’s Citroen 2.0 ‘Shift Into the New’ strategy, positioning the SUV as a feature-rich, spacious option for Indian customers.
The new Aircross X elevates its segment with significant interior and technology upgrades. The cabin features an enriched design with a leatherette-wrapped instrument panel, chic gold accents and a bezel-less 10.25-inch infotainment screen paired with a 7-inch digital cluster. Comfort is enhanced with ventilated leatherette seats, diffused ambient lighting and the brand’s signature Advanced Comfort Suspension.
A standout feature is the introduction of CARA, billed as India’s first multilingual, intuitive in-car companion. CARA can communicate in 52 languages, control essential vehicle functions and prioritise safety with voice SOS and crash alerts. Driving convenience is further improved with Proxi-Sense Passive Entry, Cruise Control and a HALO 360deg Camera with Satellite View.
Emphasising the model’s safety credentials, the launch follows the recent 5-star Adult protection rating awarded to the Aircross 5S variant in the Bharat New Car Assessment Program (BNCAP).
The New Aircross X is available in 5- and 7-seater configurations with options for both ICE and CNG engines. Bookings are now open across all Citroen dealerships and online.
Kumar Priyesh, Business Head & Director – Automotive Brands, Stellantis India, said, “The new Aircross X is an SUV designed around the real needs of Indian families – space, comfort, safety and smart innovation. With the debut of CARA, we’re making everyday mobility more intuitive and personal. What makes the New Aircross X unique is that it blends the practicality of a family SUV with the premium feel of our X-Series design. It is a versatile SUV that’s aspirational, yet accessible.”
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