Hyundai Global Motors (HGM) disputed a recent Indian court ruling against its alleged trademark violation of Korean auto giant Hyundai Motor Co., claiming it acquired the naming rights through a legal contract.
Hyundai Motor and its Indian affiliate have charged HGM, the Indian arm of South Korean knockoff car maker Global Motors, of improperly utilizing the name "Hyundai" and the automaker's emblem.
The Delhi High Court has upheld an injunction brought by Hyundai Motor to prevent HGM from using the "Hyundai" trademark and its emblem following the dispute.
The court decided that HGM cannot use the disputed name and logo after September 16 unless it can demonstrate that it is a Hyundai Motor affiliate.
Global Motors responded to the decision by releasing a statement in which it asserted that Hyundai Motor had authorized the company's founding. It stated that from 2011 till the end of 2016, HGM had business relationships with Hyundai.
HGM emphasized that it acquired the trademark rights through a contract with Hyundai Motor and served as an affiliate that also issued tax invoices from Hyundai Motor.


Qualcomm Stock Jumps on Amazon AI Chip Deal
US Weighs New Sanctions Against Brazil Supreme Court Justice Alexandre de Moraes
Trump’s Arlington Arch Project Faces New Court Restrictions
TetherMax Expands into Asian Market Following Rebranding, Names Actor Yun Siyun as Brand Ambassador
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build
US Treasury Yields Near 5% as Oil Fuels Inflation Fears
German Inflation Accelerates to 2.9% in August
Fitch Eyes Japan Budget for Fiscal Discipline
Apple Unveils $1,999 Foldable iPhone Duo
Central Banks Could Buy 20,000 Tonnes of Gold: BofA
Bashar al-Assad Sentenced to Death by Syrian Court
Brent Oil Tops $100 as Middle East Conflict Threatens Supply
Blackstone Eyes $2 Billion ZO Skin Health Sale
Enflame Shares Surge 200% in Shanghai AI Chip Debut
Novartis Shares Plunge After Muscle Drug Fails Phase III Trial
Maduro Seeks Dismissal of US Drug Trafficking Charges 



