Hyundai Motor Company

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Hyundai Motor Co., Ltd. engages in the manufacture and distribution of motor vehicles and parts. It operates through the following segments: Vehicle, Finance, and Others. The Vehicle segment offers motor vehicles. The Finance segment provides financing, leasing and credit cards. The Others segment includes the manufacture of railways. The company was founded on December 29, 1967 and is headquartered in Seoul, South Korea.

Automaker Hyundai Motor is planning to invest more than $1.1 billion in Brazil by 2032, Brazilian President Luiz Inacio Lula da Silva said on Thursday.

Brazil's Lula says Hyundai to invest $1.1 billion in Brazil

The new Russian owner of Hyundai's St Petersburg plant on Thursday said it was launching production and sales of cars under the Solaris brand, weeks after the South Korean carmaker sold its assets and left Russia.

New Russian owner of Hyundai's old St Petersburg plant launches Solaris production

- A week-long technology demonstration for clients including Mercedes-Benz and BMW to be held at the Swedish winter testing ground starting from the 29th - Demonstrating braking and steering safety technology performance under harsh winter conditions such as snow and ice - Enhancing technological perfection based on core competencies in essential vehicle engineering fields to continuously expand global orders SEOUL, South Korea , Feb. 16, 2024 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) is set to conduct winter tests by inviting practical engineers from global automakers to its Swedish winter testing ground. It aims to showcase the performance of core safety technologies in braking and steering under challenging winter road conditions such as snow and ice, thereby securing customer trust and expanding future order opportunities.

Hyundai Mobis Invites Global Clients for Winter Testing

SEOUL, South Korea, Feb. 16, 2024 /PRNewswire/ -- Hyundai Motor Company today welcomed Fitch Ratings' (Fitch) upgrade of the company's Long-Term Issuer Default Ratings (IDRs) and senior unsecured ratings to A- with a stable outlook from a previous rating of BBB+. The rating upgrade reflects the continued improvement in Hyundai Motor's brand strength and market position in key markets, Fitch said in its report.

Hyundai Motor Welcomes Fitch Ratings' Upgrade to A-

Hyundai partners with Adobe, Mint Mobile, Planet Fitness, Weber Grills, Los Angeles Rams, Houston Texans and more on Instagram takeover campaign during The Big Game Activation reached over 19 million viewers during football's biggest weekend Extends marketing campaign for all-new Santa Fe SUV with regional TV ad buys during the game FOUNTAIN VALLEY, Calif. , Feb. 14, 2024 /PRNewswire/ -- To celebrate football's biggest game, Hyundai went offline to conquer the weekend in the all-new Santa Fe SUV and handed its Instagram account over to 22 other brands including, Weber Grills, the Los Angeles Rams, the Houston Texans, Mint Mobile and more.

Hyundai Conquers the Big Game with Multi-Brand Instagram Takeover

IONIQ 6 triumphed with 81 percent reader support in CleanTechnica survey, outshining a diverse field of mass-market and luxury EV rivals IONIQ 6 features ultra-fast 800-volt/350kW charging capability with an EPA-estimated range of up to 361 miles FOUNTAIN VALLEY, Calif. , Feb. 14, 2024 /PRNewswire/ -- The all-electric Hyundai IONIQ 6 i has been named the 2023 CleanTechnica Car of the Year, solidifying its position as a leader in today's EV landscape.

Hyundai IONIQ 6 Crowned 2023 CleanTechnica Car of the Year

Hyundai Motor's planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world's fastest growing markets and tackle the so-called "Korea discount" that suppresses the value of its business back home.

Hyundai seeks expansion, higher valuation with India IPO

Hyundai Motor has appointed investment bankers JPMorgan and Citi to advise on its at least $3 billion India IPO, accelerating listing plans in the world's third-largest auto market, sources with direct knowledge said.

Hyundai appoints JPMorgan, Citi for $3 bln India IPO - sources

Award category includes battery-electric and plug-in hybrid vehicles Consensus pick of around 240 automotive media IONIQ 6 features ultra-fast 800-volt/350kW charging capability CHICAGO , Feb. 8, 2024 /PRNewswire/ -- Hyundai's award-winning, all-electric IONIQ 61 sedan was today named Favorite Plug-In Vehicle by the Midwest Automotive Media Association (MAMA). The IONIQ 6 stood out to the nonprofit organization's automotive media membership for its eye-catching design, intuitive connectivity, ultra-fast charging capabilities and spacious interior.

Hyundai IONIQ 6 Named Favorite Plug-In Vehicle by Midwest Automotive Media Association

MotorWeek Driver's Choice Awards announced at the Chicago Auto Show FOUNTAIN VALLEY, Calif. , Feb. 8, 2024 /PRNewswire/ -- Hyundai's award-winning IONIQ 61  sedan has today been named MotorWeek Drivers' Choice for Best Electric Vehicle.

Hyundai IONIQ 6 Named 2024 MotorWeek Drivers' Choice Award for Best Electric Vehicle

U.S. auto safety regulators said on Wednesday they have closed an investigation into engine fire risks in 3 million Hyundai Motor and Kia vehicles.

US closes probe into 3 mln Hyundai, Kia vehicles over fire risks

Second-consecutive category win for IONIQ 5 Awards recognize quality, innovation and value FOUNTAIN VALLEY, Calif. , Feb. 7, 2024 /PRNewswire/ -- Hyundai's award-winning IONIQ 5 1  electric SUV was named Best Electric Vehicle of 2024 by Cars.com for a second year in a row, surpassing all 2024 EVs tested by Cars.com's editorial team of expert car reviewers.

Hyundai IONIQ 5 Named Best Electric Vehicle of 2024 by Cars.com

South Korea's Hyundai Motor Co said on Wednesday that is has not decided yet on listing its Indian unit and it will comment on the matter when the plan becomes finalised or within a month.

Hyundai Motor says IPO for its India unit not decided yet

Awards employ advanced statistical analysis to determine total ownership cost Factors include price, maintenance costs, depreciation and fuel efficiency 2024 Hyundai Venue also recognized for lowest total cost of ownership in its class FOUNTAIN VALLEY, Calif. , Feb. 6, 2024 /PRNewswire/ -- Hyundai's all-new 2024 Kona Electric has today been named the Vincentric Best Value in America™ winner in the Subcompact SUV segment.

Hyundai Kona Electric Named 2024 Vincentric Best Value™ in America

SEOUL, South Korea , Feb. 6, 2024 /PRNewswire/ -- Hyundai Motor Company today welcomed Moody's Investors Service (Moody's) upgrade of the company's corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody's, the rating upgrade reflects Hyundai Motor's continued profitability and balance sheet improvements, underpinned by the company's strengthened product competitiveness and strong free cash flow generation.

Hyundai Motor Welcomes Credit Rating Upgrade to A3 by Moody's Investors Service

Hyundai Motor is planning to list its Indian unit to raise at least $3 billion in what would be the country's biggest IPO, two people said, as the South Korean firm doubles down in the key growth market ahead of a widely expected entry by Tesla.

Hyundai explores $3 bln IPO for India unit at up to $30 bln valuation, sources say

The United Auto Workers (UAW) said on Thursday that more than 30% of workers at Hyundai Motor's Alabama plant have signed union cards seeking to join the union.

UAW says more than 30% of workers at Alabama Hyundai plant sign union cards

EV sales increased 42% EV and PHEV sales combined climb 77% Record January total sales for Palisade and the all-new Kona FOUNTAIN VALLEY, Calif. , Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor America reported total January sales of 47,543 units, a 9% decrease compared with January 2023.

Hyundai Motor America Reports January 2024 Sales

Iveco Group and Hyundai Motor have struck a deal for the South Korean group to supply a fully electric light commercial vehicle to the Italian truck and bus maker, expanding an existing partnership agreement, they said on Thursday.

Hyundai Motor to supply Italy's Iveco with new electric van for Europe

Turin, Italy, 1 st February 2024/Seoul, South Korea, 1 st February. Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform. The new vehicle will join Iveco Group's electric light commercial vehicle lineup, enhancing the Group's LCV portfolio alongside the iconic IVECO Daily.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Editors' selections recognize Hyundai's wide range of EVs, SUVs, sedans and compact trucks Awards focus on recommending the right vehicle for in-market buyers Car and Driver evaluates hundreds of new vehicles per year FOUNTAIN VALLEY, Calif. , Jan. 31, 2024 /PRNewswire/ -- Hyundai received seven Editors' Choice Awards from Car and Driver.

Hyundai Receives Seven 2024 Car and Driver Editors' Choice Awards

Achieved core auto component orders worth USD 9.22 billion (KRW 12.

Hyundai Mobis Logs Record USD 9.2 billion Overseas Orders in 2023

Hyundai on Friday said it had signed a deal to sell its two Russian plants, making the South Korean firm the latest global carmaker to exit Russia since the Ukraine conflict began.

Hyundai finalises Russia exit as local firm buys its two car plants

Hyundai Motor Company (HYMTF) Q4 2023 Earnings Call Transcript

South Korea's Hyundai Motor Co on Thursday reported a 31% rise in fourth-quarter profit that missed analyst expectations due to unfavourable exchange rates as well as one-off costs related to the sale of its Russia plant in December.

News for Hyundai Motor Company Stock (HYMTF)