Hyundai Motor Co. took home Influential Awards in India for its Exter and IONIQ models. The vehicles defeated Honda Motor's Elevate, Toyota Motor's Innova Hyxross, and Maruti Suzuki Jimmy in the SUV category while the electric vehicle morel beats BMWi7, MG Comet EV, and other leading brands.
Hyundai Motor won major prizes for the two vehicles in India, and these units are also expected to help the company further strengthen its presence in the country, which is currently the third-largest vehicle market in the world.
"The awards significantly influence local consumers' decision on new cars," an official at Hyundai said in a statement on Sunday, Dec. 24.
Exter and IONIQ 5: The Awards
Hyundai Motor's Exter is a compact sport utility vehicle that was awarded the 2024 Indian Car of the Year (ICOTY). On the other hand, the all-electric IONIQ 5 crossover clinched the Green Car Award at the same award-giving body that is considered the most prestigious in the country's automobile industry.
According to The Korea Economic Daily, this is the eighth ICOTY award that was won by the South Korean automaker since 2008. With the awards, the brand received the most number of trophies among the vehicle brands sold in India.
Judging the Winners
The Korea Times reported that the winner was picked by an ICOTY jury, which is composed of 18 automobile journalists in India. They voted for the best in a given year based on several factors, including the evaluation of vehicles' performance, fuel efficiency, safety, technology, value for money, and others.
Meanwhile, it was noted that the achievement came at a time when Hyundai Motor was working on shifting its focus from Russia and moving to emerging markets such as India and Southeast Asia. CEO Chang Jae Hoon said on the company's win, "Hyundai Motor Group plans to continue various collaborative strategies with Singapore to develop future mobility production and technological innovation solutions, and to build and develop a sustainable ecosystem."
Photo by: Nischal Kanishk/Unsplash


Luxury Car Sales in the Middle East Take a Hit Amid Iran War
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Apple Turns 50: From Garage Startup to AI Crossroads
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO
First Western Ship Transits Strait of Hormuz Since Iran War Began
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
TSMC Japan's Second Fab to Produce 3nm Chips by 2028
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 



