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.

Hyundai Motor holds groundbreaking ceremony at its plant complex in Ulsan where Founding Chairman Ju-yung Chung established the company's first major manufacturing base more than 50 years ago   The new EV plant to build on Hyundai Motor's brand heritage while laying the foundation for the company's growth in the era of electrification New plant to occupy 548,000 m 2 site with capacity to produce 200,000 EVs per year Approx. KRW 2 trillion ($1.53 billion) to be invested in the project, which will begin full-scale construction in Q4 2023 with mass production commencing in Q1 2026 SEOUL, South Korea , Nov. 13, 2023 /PRNewswire/ -- Hyundai Motor Company today held a groundbreaking ceremony for a new electric vehicle (EV) plant at its complex in Ulsan, the heart of Korea's automotive industry.

Hyundai Motor Advances Electrification Vision with New EV-dedicated Plant in Ulsan, Building on Its Brand Heritage

Hyundai Motor Co on Monday broke ground on a 2 trillion won ($1.52 billion) dedicated electric vehicle (EV) plant in South Korea, as the automaker accelerate a shift to electrification.

Hyundai Motor breaks ground on $1.5 bln EV plant in South Korea

Listed as a "Best for Vets Employer" by Military Times for 2023 Named a "Military Friendly Employer" by MilitaryFriendly.com FOUNTAIN VALLEY, Calif. , Nov. 10, 2023 /PRNewswire/ -- Hyundai Motor America has been recognized as a Military Friendly® Employer from MilitaryFriendly.com and made the 2023 Military Times Best for Vets employer list.

Hyundai Recognized for Commitment to Military Veterans

Volvo AB

BURLINGTON, Vt.--(BUSINESS WIRE)--Kearny Mesa Hyundai Earns Top San Diego Spot in Widewail Automotive Reputation Index; Volvo Cars San Diego Earns Top Luxury Ranking.

Kearny Mesa Hyundai Earns Top San Diego Spot in Widewail Automotive Reputation Index; Volvo Cars San Diego Earns Top Luxury Ranking

Raised investment capital for a new North American electrification hub through seven global financial institutions—marking its first overseas Green Loan Successfully procured long-term financing (10 years) at a favorable rate The acquired funds will be deployed to establish new BSA and PE system factories SEOUL, South Korea , Nov. 8, 2023 /PRNewswire/ -- Hyundai Mobis' (KRX: 012330) strategy for expanding its global footprint in the electrification business is progressing smoothly. Following its successful funding for a battery cell joint venture factory in Indonesia last year, the company has now efficiently secured funds for electrification investments in North America, bolstering the momentum of its core business in future mobility.

Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Charlottesville, Virginia-based Jim Price Auto Group in the sale of Jim Price Hyundai and Price Kia to Winston-Salem, North Carolina-based Flow Automotive, which owns dealerships across North Carolina and Charlottesville. Since the firm's founding, Kerrigan Advisors has sold over 225 dealerships. In 2023 alone, the firm is on track to sell 52 dealer.

Kerrigan Advisors Represents Jim Price Auto Group in Sale of Virginia Hyundai and Kia Dealerships

Hyundai Motor Group's air taxi unit Supernal plans to build a manufacturing facility in the United States to make flying electric taxis for commuters, the South Korean auto group said on Wednesday.

Hyundai Motor Group air taxi unit plans US manufacturing facility

The Group to deliver its vision for Advanced Air Mobility (AAM) to global leaders at the Bloomberg New Economy Forum in Singapore, November 8–10 Under the theme 'Hyundai Accelerates the New Economy through its Smart Mobility Solutions,' the Group to communicate about its AAM vision and progress Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal, to participate in the Forum plenary session to emphasize the need for public-private sector partnership in establishing an ecosystem realizing the Group's AAM vision Supernal is set to reveal its latest eVTOL vehicle concept at the CES in January 2024 SINGAPORE and SEOUL, South Korea , Nov. 7, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) is presenting its vision for Advanced Air Mobility (AAM) alongside its AAM company, Supernal at the 2023 Bloomberg New Economy Forum (the Forum) in Singapore, November 8–10. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9224651-hyundai-motor-group-calls-for-public-private-partnerships/ Established in 2018, with the Group as one of its founding partners, the Forum attracts over 400 of the world's most influential CEOs, leaders, visionaries, scientists, entrepreneurs and policymakers to find solutions to humanity's urgent challenges, with the discussions streamed live across the globe.

Hyundai Motor Group Calls for Public-Private Partnerships to Realize Its Vision for Advanced Air Mobility at the 2023 Bloomberg New Economy Forum

Primary Children's Hospital Will Use the Donation Towards Programming SALT LAKE CITY , Nov. 7, 2023 /PRNewswire/ -- Hyundai Motor America and six Salt Lake City area Hyundai dealers donated $70,000 to Intermountain Primary Children's Hospital as part of the KSL Give-A-Thon 2023. This donation comes as an addition to the $100,000 pediatric cancer research grant awarded to Primary Children's Hospital in September from Hyundai Hope On Wheels, Hyundai's nonprofit organization dedicated to ending childhood cancer.

Hyundai and Salt Lake City Hyundai Dealers Raise $70,000 in Support of Intermountain Primary Children's Hospital through KSL Give-A-Thon

DUBLIN--(BUSINESS WIRE)--Momentum continues for Avanci as Hyundai and Kia sign 5G vehicle agreements, 4G Vehicle program adds 8 licensors and 9 auto brands in the past year.

Momentum continues for Avanci and its independent, global licensing solutions as Hyundai and Kia sign 5G Vehicle agreements

SAN JOSE, Calif.--(BUSINESS WIRE)-- #dgdg--Del Grande Dealer Group continues to support the fight against pediatric cancer through DGDG Does Good, the charitable arm of Del Grande Dealer Group.

Del Grande Dealer Group Partners with Hyundai Hope On Wheels® to Present Funds to Lucile Packard Children's Hospital to Further the Fight Against Pediatric Cancer

Hyundai Motor Group to launch large-scale outdoor advertisement in Paris throughout November to support Busan's bid for 2030 World Expo Digital advertisement captures vibrant designs featuring iconic Busan symbols like seagulls and Gwangan Bridge, along with message "BUSAN is Ready" Approximately 270 digital screens to be displayed in high-traffic locations all over Paris PARIS and SEOUL, South Korea , Nov. 1, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) is ramping up efforts in the final stage of appealing Busan's bid to host the 2030 World Expo, a candidate city, by unveiling large-scale outdoor advertisement in Paris, France, where the Bureau International des Expositions (BIE) is headquartered. The Group revealed that it had initiated a final push to secure the 2030 World Expo in Busan by displaying outdoor advertisement in partnership with leading Korean graffiti artist 'JAY FLOW.

Hyundai Motor Group Draws Attention to Busan's Bid for 2030 World Expo with Large-Scale Outdoor Advertisement in Paris

LOS ANGELES--(BUSINESS WIRE)-- #automotive--Hagens Berman announced preliminary approval of a $200 million class action lawsuit settlement for owners of Hyundai and Kia cars prone to theft.

Hagens Berman: Court Preliminarily Approves Revised Hyundai Kia Theft Settlement Valued at More Than $200 Million

Hyundai IONIQ 5 Recognized for Meeting More-Stringent IIHS Crashworthiness Standards FOUNTAIN VALLEY, Calif. , Nov. 1, 2023 /PRNewswire/ -- Hyundai's 2024 IONIQ 5 has earned the highest safety designation, TOP SAFETY PICK+, from the Insurance Institute of Highway Safety (IIHS).

Hyundai's 2024 IONIQ 5 Awarded TOP SAFETY PICK+ by IIHS

Total Sales Up in October; 15 Consecutive Months of Total Sales Growth Green Sales Jump 49% Hyundai Sets Best-Ever October Total and Retail Sales Elantra HEV, IONIQ 5, Santa Fe HEV, Tucson PHEV, Tucson HEV FOUNTAIN VALLEY, Calif. , Nov. 1, 2023 /PRNewswire/ -- Hyundai Motor America reported total October sales of 60,805 units, a 0.3% increase compared with October 2022.

Hyundai Motor America Reports October 2023 Sales

This unconventional and creative film celebrates Hyundai's innovative use of parametric pixel lights as a design signature of its award-winning EVs In the film, a seamless fusion unfolds between human artistry and technological innovation as dancers gracefully navigate through the annals of pixel history This immersive visual journey shows how pixels connect the past, present and future as a common thread, which is integral to Hyundai's EV design philosophy SEOUL, South Korea , Nov. 1, 2023 /PRNewswire/ -- Hyundai Motor Company today debuted a design film, 'Pixel by Pixel,' as part of an online campaign that showcases the signature Parametric Pixel of its acclaimed EV lineup in a witty, unconventional and powerful way. The film takes inspiration from the unique history of the pixel as a common thread linking the past (analog), present and future (digital) eras.

Hyundai Motor Highlights the Power of Pixels in Design Campaign about EV Signature Lighting

2024 Kona Jayde Concept: Urban Adventure Vehicle Distinctive Style Meets Enhanced Capability Collaboration with MOBIS, Genuine Parts and Accessory Supplier to Hyundai FOUNTAIN VALLEY, Calif. , Oct. 30, 2023 /PRNewswire/ -- Hyundai will reveal the 2024 Kona Jayde Concept at the 2023 SEMA Show on October 31.

Hyundai Reveals Kona Jayde Concept at 2023 SEMA Show

Winner in Two Categories: "Reducing Emissions" and "Innovation" CMO Angela Zepeda Recognized for Leadership in "Empowering Women" FOUNTAIN VALLEY, Calif. , Oct. 27, 2023 /PRNewswire/ -- Hyundai was listed among 25 honorees in the inaugural 2023 Reuters Automotive D.R.I.V.E.

Hyundai Recognized in 2023 Reuters Automotive D.R.I.V.E. Honours

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Toyota Motor

Solid-state batteries are a promising technology that could eventually revolutionize the electric vehicle (EV) market. Unlike conventional lithium-ion batteries, solid-state batteries use a solid electrolyte instead of a liquid one, which offers several advantages such as higher energy density, faster charging, and improved safety.

3 Solid-State Batteries Stocks That Can Set You Up for Success

Hyundai Motor Group (the Group) establishes Global Design Division, to be headed by Luc Donckerwolke, President and Chief Design Officer Global Design Division to spearhead the Group's efforts to pioneer future design trends to transform the global mobility industry Division will encompass Hyundai & Genesis Global Design Technical Unit and Kia Global Design Technical Unit New Genesis Design Center, founded under Hyundai & Genesis Design Technical Unit, to focus on design that enhances brand's position as leader in global luxury segment SEOUL, South Korea , Oct. 27, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) has announced the establishment of the Hyundai Motor Group Global Design Division, further strengthening its design capabilities. The new division will spearhead the Group's efforts to design all-electric vehicles and future mobility solutions, including purpose-built vehicles (PBVs), robotics, and advanced air mobility (AAM).

Hyundai Motor Group Revamps Design Organization to Enhance Design Capabilities

South Korea's Hyundai Motor Co reported on Thursday a rise of 151% in third-quarter profit, boosted by solid sales of high-margin sport utility vehicles and a favourable exchange rate.

Hyundai Motor's Q3 net profit rises 151%, beats forecasts

Mobile Clinics to Provide Hyundai Customers Free Anti-Theft Software Installation  Launched in Collaboration With Local Government Officials, Police Departments, and Other Community Organizations FOUNTAIN VALLEY, Calif. , Oct. 25, 2023 /PRNewswire/ -- As part of its ongoing efforts to assist customers and communities affected by the social-media driven thefts of certain vehicles not equipped with push-button ignitions and engine immobilizers, Hyundai today announced five national multi-day anti-theft mobile clinics to occur before year-end.

Hyundai Announces Significant Expansion of Free Anti-Theft Software Installation Mobile Clinics

SAVANNAH, Ga. , Oct. 25, 2023 /PRNewswire/ -- Today, Hyundai Motor Group Metaplant America (HMGMA) celebrated the one-year anniversary of its groundbreaking in Bryan County by officially releasing the latest design renderings of the electric vehicle and battery manufacturing facility, also known as the Metaplant.

Hyundai Motor Group Metaplant America Celebrates Anniversary of Groundbreaking

South Korea's Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4 billion contract with oil giant Saudi Aramco to build a gas processing plant, Seoul's presidential office said on Tuesday.

South Korea's Hyundai, Saudi Aramco clinch $2.4 bln gas plant deal

Hyundai Motor to participate in a multi-stakeholder partnership to establish an ecosystem for hydrogen-based mobility in the Kingdom of Saudi Arabia The parties will forge joint efforts towards expanding support on technological services and human resources for the promotion of hydrogen-based mobility Strategic collaboration in various areas, such as developing a hydrogen value chain and demonstrating hydrogen-based mobility business RIYADH, Saudi Arabia and SEOUL, South Korea , Oct. 22, 2023 /PRNewswire/ -- Hyundai Motor Company signed a memorandum of understanding (MOU) with Korea Automotive Technology Institute (KATECH), Air Products Qudra (APQ) and the Saudi Public Transport Company (SAPTCO) to establish and develop an ecosystem for hydrogen-based mobility in the Kingdom of Saudi Arabia. The parties have agreed to cooperate in establishing a hydrogen-based mobility ecosystem in Saudi Arabia and to provide support on technological services and human resources.

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