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Indian CEO takes charge at Hyundai Motor India Can the carmaker bounce back fast
Business
Published on 24 April 2026
Shares jump 2.6% as MPVs and off road push returns
Hyundai Motor India shares gained 2.6% after a weak start as investors welcomed an Indian in the top role. The company also signaled that growth will resume, banking on fresh product launches—especially expansion into MPVs and off-road SUV segments—aimed at reversing pressure from rivals like M&M and Tata.
- Hyundai Motor India shares rose 2.6% after an early dip
- Investors reacted to an Indian leader taking the corner office
- New MPV and off-road SUV launches are central to the comeback plan
- The move targets lost ground against domestic competitors
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times