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    A005380   KR7005380001

HYUNDAI MOTOR COMPANY

(A005380)
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End-of-day quote Korea Stock Exchange  -  2022-08-11
196000.00 KRW   +1.55%
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India plans safety rating system for passenger cars

06/25/2022 | 03:53am EDT
FILE PHOTO: Traffic moves on a road in a heat haze during hot weather on the outskirts of Ahmedabad,

NEW DELHI (Reuters) - India will introduce a safety rating system for passenger cars - a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the "export worthiness" of vehicles produced in the country.

The road transport ministry said in a statement it will assign a rating of one to five stars for cars, based on tests assessing adult and child occupant protection as well as safety assist technologies.

The new system is slated to come into effect in April 2023.

India, which has some of the world's deadliest roads, has also proposed mandating that all passenger cars have six air bags, despite resistance from some carmakers which say it will increase the cost of vehicles. Current rules call for two airbags - one for the driver and one for the front passenger.

India is the world's fifth-largest car market, with annual sales of around 3 million units a year. Maruti Suzuki, majority owned by Japan's Suzuki Motor, and Hyundai Motor are the biggest-selling automakers.

(Reporting by Munsif Vengattil and Aditi Shah in New Delhi; Editing by Edwina Gibbs)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
HYUNDAI CORPORATION 1.16% 17500 End-of-day quote.4.17%
HYUNDAI MOTOR COMPANY 1.55% 196000 End-of-day quote.-6.22%
MARUTI SUZUKI INDIA LTD 1.62% 8854 Delayed Quote.17.14%
SUZUKI MOTOR CORPORATION -0.21% 4846 Delayed Quote.8.94%
All news about HYUNDAI MOTOR COMPANY
08/15Hyundai and Hyundai of Asheville Donate $20,000 to Special Olympics North Carolina
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08/15Hyundai and Culture Brands Win Salute To Excellence Award by the National Association o..
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08/12Hyundai Steel, 10 Others Fined $197 Million Over Price Fixing
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Analyst Recommendations on HYUNDAI MOTOR COMPANY
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Financials
Sales 2022 133 278 B 102 B 102 B
Net income 2022 8 181 B 6,24 B 6,24 B
Net Debt 2022 81 624 B 62,3 B 62,3 B
P/E ratio 2022 6,19x
Yield 2022 2,61%
Capitalization 40 999 B 31 285 M 31 285 M
EV / Sales 2022 0,92x
EV / Sales 2023 0,88x
Nbr of Employees 70 388
Free-Float 69,7%
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Mean consensus BUY
Number of Analysts 27
Last Close Price 196 000,00 KRW
Average target price 258 888,89 KRW
Spread / Average Target 32,1%
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Managers and Directors
Eui-Sun Chung Vice Chairman & Co-Chief Executive Officer
Chang Jae-hoon Executive Vice President
Albert Biermann Co-President & Director
José Antonio Muñoz Barcelo Co-President & Global Chief Operating Officer
Eon-Tae Ha Co-President & Director
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