Boycott Calls Over Tweet By Hyundai's Pak Partner May Hit Company
Hyundai is India's second-largest car seller after Maruti Suzuki, and the largest car exporter in the country
Topics
Hyundai Motor | Pakistan
Reuters Last Updated at February 8, 2022 01:36 IST
Hyundai is India's second-largest car seller after Maruti Suzuki, and the largest car exporter in the country
Indian customers of Hyundai Motor called for a boycott of its cars following a tweet from the account of the firm’s Pakistan partner posted insensitive remarks over Kashmir.
Dozens of Indians posted their intention to cancel orders for Hyundai cars to punish the company while urging support for homegrown brands like Tata Motors and Mahindra & Mahindra. Responding to the furore, Hyundai's India unit said that it has a "zero tolerance policy towards insensitive communication and we strongly condemn any such view".
Hyundai is India's second-largest car seller after Maruti Suzuki, and the largest car exporter in the country.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
First Published: Tue, February 08 2022. 01:36 IST
HSBC Swings The Axe At UK Wealth In An AI Push
HSBC is preparing deep job cuts across its UK wealth management arm. It plans to cut about half of its management and sp... Read more
Kraken's Owner Buys A Bank: The Lines Are Blurring
Payward, the parent company of the crypto exchange Kraken, has agreed to buy a European bank. It would be the first digi... Read more
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more