Despite Foxconn's clarification, Minister Rajaa maintained his position, insisting the investment commitment remains valid.

Hyundai has set a target for SUVs to contribute over 80 per cent to its portfolio by FY2030.

Since its inception, Genesis has grown into a formidable luxury brand with a presence in 20 global markets.

Hyundai's Palisade (top left) and Elantra (top right) are currently available with hybrid powertrains in some countries such as the USA.

Garg's appointment takes effect from January 1, 2026.

The transaction is expected to close in the first quarter of 2026.

Maruti Suzuki has established 45 automated driving test tracks across India till now.

The potential Spanish manufacturing site would complement BYD's existing European production strategy. (Representative image)

Uttar Pradesh restricts EV subsidies to vehicles manufactured in the state from October 14, 2025, offering road tax and registration rebates until 2027, with the aim of boosting local manufacturing and jobs.

The KTM 990 RC R was originally planned as a 2025 model, but its production was delayed due to the brand’s financial crisis.