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.

June Total Sales Increased 10%; Q2 Total Sales up 14% All-Time Monthly Total Sales Records for IONIQ 5, Tucson PHEV & Kona EV Green Car Sales Climb; Represent 20% of Retail Sales Up 53%  FOUNTAIN VALLEY, Calif. , July 1, 2023 /PRNewswire/ -- Hyundai Motor America reported total June sales of 69,351 units, an 10% increase compared with June 2022.

Hyundai Motor America Reports June and Q2 2023 Sales

FOUNTAIN VALLEY, Calif. , June 29, 2023 /PRNewswire/ -- Angela Zepeda, chief marketing officer (CMO) of Hyundai Motor America, was selected to Forbes' prestigious annual list of the World's Most Influential CMOs.

Hyundai Motor America CMO Angela Zepeda Named One of the World's Most Influential CMOs by Forbes

Toyota Motor

Toyota and Hyundai have had advertising campaigns banned by a UK watchdog for misleading consumers about electric vehicle (EV) charging. The Advertising Standards Agency (ASA) said the Japanese and Korean car makers misled customers about the availability of rapid charging points in the UK and Ireland, as well as exaggerating the speed cars can be charged.

Toyota and Hyundai ads banned for misleading claims by watchdog

FOUNTAIN VALLEY, Calif. , June 27, 2023 /PRNewswire/ -- Hyundai has hired Jim Park as the senior vice president, commercial vehicle and hydrogen business development, Hyundai Motor North America, effective June 12.

Hyundai Motor North America Appoints Jim Park as Head of Commercial Vehicle and Hydrogen Business Development

South Korea's government on Sunday said Hyundai Engineering & Construction has signed a contract worth $5 billion with Saudi Arabian state oil producer Aramco to build a petrochemicals complex in the Middle Eastern nation.

South Korea trumpets Hyundai E&C $5 bln contract with Aramco

Hyundai N returns to its home circuit at the Nürburgring, as IONIQ 5 N, N's first all-electric model, enters final testing before its world premiere IONIQ 5 N expands N's three pillars of N performance — Corner Rascal, Racetrack Capability and Everyday Sportscar — into electrified models without compromise IONIQ 5 N seeks to elevate N brand by offering a higher performance value through new technology complimented by an EV-specific experience for driving enthusiasts The high-performance EV backs motorsport-bred hardware with advanced software to ensure increased endurance, powerful braking and emotional driving excitement N brand releases its third and final teaser signaling the end of development and preparing for its global debut IONIQ 5 N to be unveiled at Goodwood Festival of Speed with exclusive N stand and hill climb demonstrations SEOUL, South Korea , June 22, 2023 /PRNewswire/ -- Hyundai Motor Company is testing the performance capabilities of IONIQ 5 N at the Nürburgring circuit for its world premiere in July. "The Nürburgring is where every N model is honed to the Nth degree, so our first high-performance, all-electric N model must also prove itself here," said Till Wartenberg, Vice President and Head of N Brand & Motorsport at Hyundai Motor Company.

Hyundai Motor's IONIQ 5 N Enters Final Phase Of Racetrack Capability Testing at Nürburgring Racing Circuit

Annual research project examines the relationship between nature, art and design, exploring how we can create socially and environmentally just societies This year, faculty and students explore the theme of 'Collaborative Future Living' via two courses examining mutuality, the future of spaces and sustainability strategies The initiative is part of the RISD x Hyundai Motor Group Research Collaborative SEOUL, South Korea and PROVIDENCE, R.I. , June 22, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) and Rhode Island School of Design (RISD) today announced the latest phase of work in the RISD x Hyundai Motor Group Research Collaborative, a multiyear partnership exploring the relationship between nature, art and design.

Hyundai Motor Group and Rhode Island School of Design Pursue 'Collaborative Future Living' via 2023 Project

The partnership to propose new lifestyle that combines zero-emission-vehicle (ZEV) mobility and cultural content in Japan by collaborating on new concept mobility service, data-driven marketing and global experience platform development Based on their shared people-centric vision, Hyundai Motor and CCC aim to bring innovative customer experiences and foster a sustainable society The two companies expect to enhance customer value based on their highly sophisticated data-driven partnership in the era of hyper-personalization TOKYO and SEOUL, South Korea , June 22, 2023 /PRNewswire/ -- Hyundai Motor Company, Hyundai Mobility Japan and lifestyle content company Culture Convenience Club (CCC) today signed a memorandum of understanding (MOU) to co-create sustainable lifestyle services for the zero-emission-vehicle (ZEV) era. The partnership aims to further facilitate Hyundai Motor's efforts to satisfy Japanese customers with zero-emission vehicles and online sales since its re-entry into the market in February 2022.

Hyundai Motor Joins Forces with Culture Convenience Club to Provide Personalized Zero-Emission Vehicle Lifestyle

Tesla

South Korean automaker Hyundai will consider making its vehicles more readily compatible with Tesla's charging standard, CEO Jaehoon Chang said Tuesday.

Hyundai mulls joining Tesla EV charging standard

Hyundai plans to spend $28 billion over the next decade to speed up its electrification efforts and is considering adopting Tesla's charging network.

Hyundai Considers Joining Tesla's EV Charging Network

Hyundai Motor Company said it may join an alliance of automakers shifting to Tesla Inc (NASDAQ:TSLA)'s North America Charging Standard (NACS) if it makes sense, according to reports. Addressing analysts and investors at an investor day, president and CEO of the South Korean company, Jaehoon Chang, said Hyundai would consider making electric vehicles (EVs) compatible with Tesla NACS if it was in the best interest of its customers.

Hyundai considers using Tesla's Superchargers in North America

Hyundai Motor , the No. 3 global automaker by sales with its affiliate Kia Corp , outlined plans on Tuesday for a deepened push into battery development, steps to cut the cost of new electric vehicles and a restructuring of its China operations.

Factbox: Hyundai's plans for EVs, restructuring in China

Hyundai Motor will consider making its vehicles more readily compatible with the charging standard Tesla is pushing for in North America, the South Korean automaker's CEO said on Tuesday.

Hyundai to consider joining Tesla's North American charging standard alliance

Hyundai Motor shares mid- to long-term business and financial plans based on 'Hyundai Motor Way' strategy Hyundai Motor to boost its annual EV sales goal to 2 million units by 2030 Company to accelerate its transition toward becoming a smart mobility solution provider by investing KRW 109.4 trillion over the next 10 years -- KRW 35.8 trillion to go toward electrification, including KRW 9.5 trillion for battery development and the remainder funding development of a next-generation modular architecture for EVs and increased EV production capacity Hyundai Motor outlines a blueprint for its strategy: -- Integrated Modular Architecture (IMA): to develop IMA for its next-generation EV-dedicated platform, which will replace the current E-GMP EV platform -- EV production: to expand EV production and optimize capacity, not only building new EV factories but also utilizing existing ICE plants to reduce costs and time -- Battery: to strengthen the overall value chain for battery, including stable procurement of battery materials, design capability, and next-generation batteries -- Future businesses: to continue working with strategic partners to advance plans for autonomous driving, software, robotics, advanced air mobility and hydrogen Based on the newly introduced strategy, the company will build on its heritage and successfully transition to electrification SEOUL, South Korea , June 20, 2023 /PRNewswire/ -- Hyundai Motor Company hosted '2023 CEO Investor Day' in Seoul today, unveiling its visionary mid- to long-term business strategies and financial plans. With the aim of actively leveraging its knowledge and heritage of innovation from internal combustion engine vehicles, the company is committed to a successful transition to the electrification era through its newly introduced strategy, 'Hyundai Motor Way.

'Hyundai Motor Way' Sets Course for Accelerated Electrification and Future Mobility Goals at 2023 CEO Investor Day

South Korea's Hyundai Motor Co plans to invest about 109.4 trillion won ($85.41 billion) in the period through to 2032, the company said on Tuesday, including around 35.8 trillion won allocated for electric vehicles (EVs).

Hyundai Motor to invest $85.41 billion by 2032 to accelerate EV plans

Thirty customers have complained to the National Highway Traffic Safety Administration that the power has gone out in their 2022 Ioniq 5 cars while driving.

Nearly 40,000 Hyundai EVs Under Investigation Over Dying While Driving Reports

U.S. auto safety regulators are investigating nearly 40,000 Hyundai Ioniq 5 electric vehicles over reports of power loss that may be tied to a battery charging issue.

US opens safety probe into Hyundai Ioniq 5 EVs over power loss reports

US owners of the Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, according to the National Highway Traffic Safety Administration.

Popular Hyundai SUV is shutting off out of nowhere on drivers

Hyundai Motor Group to support Busan's bid to host the World Expo 2030 during the 172nd General Assembly of Bureau International des Expositions (BIE) in Paris, from June 20 to 21 The Group to provide fleet of 10 dedicated-EV models wrapped in 'BUSAN is READY!' logo, to provide transport for delegates and travel around Paris landmarks Initiative to highlight Busan as a key candidate to host the 2030 World Expo to attendees from member countries of the BIE and tourists from all over the world Fleet composed exclusively of EVs in line with Busan's sustainability vision, acting as an advocate before the final selection procedures for the hosting country bids PARIS and SEOUL, South Korea , June 19, 2023 /PRNewswire/ -- Hyundai Motor Group is supporting the ambition of Korea's second city Busan to host the World Expo 2030 with the provision of a fleet of electric vehicles (EVs) during the 172nd Bureau International des Expositions (BIE) General Assembly, which will be held in Paris, June 20.

Hyundai Motor Group Supports Busan's Bid to Host World Expo 2030 with Fleet of 'Busan' Branded EVs in Paris

- Professor Heungjeong Woo of Hallym University College of Medicine, announced the result of Xafty's clinical study at Emerging Science Session of the American Society for Microbiology (ASM) Microbe 2023 - Dr. Jo White evaluated Xafty's clinical results as "The birth of Penicillin of Antivirals" and "a groundbreaking achievement that suggests a solution to respiratory virus diseases" HOUSTON , June 17, 2023 /PRNewswire/ -- The result of clinical study for EUA (emergency use authorization) on COVID-19 with Xafty™ (CP-COV03) was presented at the 'Emerging Science' session of the American Society for Microbiology (ASM) Microbe 2023 conference, one of the largest conferences on infections and microbiology held in Houston, Texas, on June 17, 2023. Dr. Heungjeong Woo, a professor from Hallym University School of Medicine, South Korea, presented the meaning and expected effects from the study, a randomized double-blinded placebo-controlled trial with 300 patients combining phase 2 and 3.

The 'Penicillin' of Antivirals, Xafty by Hyundai Bioscience, Opened a New Era of Treating Respiratory Viral Infections with Single Drug

Hyundai Hope, Patrick Hyundai, and Women@Hyundai Employee Resource Group Donate to the Infant Supply Drive Families Received a Child Safety Seat Check at Busse Woods Forest Preserve ELK GROVE VILLAGE, Ill. , June 13, 2023 /PRNewswire/ -- Hyundai Motor America and Ann & Robert H.

Hyundai Hosts Child Safety Seat Event with Lurie Children's Hospital of Chicago

Hyundai Offers Fourteen SUVs For Consumers Seeking Practicality and Adventure FOUNTAIN VALLEY, Calif. , June 12, 2023 /PRNewswire/ -- Hyundai's 2023 SUV line-up leads the industry according to U.S. News and World Report's Best SUV Brands list for 2023.

Hyundai Leads Industry as Best SUV Brand in 2023 by U.S. News & World Report

Exhibition commemorating the Pony, Korea's first independently developed car, to be held at Hyundai Motorstudio Seoul from June 9 Heritage project also heralds the publication of RETRACE, a book and magazine series celebrating the brand's heritage Opening celebration took place on June 7 with VIPs and members of Hyundai who enabled the creation of Pony SEOUL, South Korea , June 7, 2023 /PRNewswire/ -- Hyundai Motor Company today announced its first heritage exhibition 'PONY, the timeless' at Hyundai Motorstudio Seoul. The exhibition is presented as part of the newly launched Hyundai Heritage project that reflects on the past and future of the brand, and will open to the general public from June 9.

Hyundai Motor Opens Heritage Exhibition 'PONY, the timeless' and Introduces RETRACE, the Heritage Publication Series

The vehicle companies have offered free software as a fix to the problem.

New York Is Latest City to Sue Automakers Kia and Hyundai Over Car Thefts

A viral TikTok challenge started in 2021 and spurred a rise in thefts of Hyundai and Kia cars.

News for Hyundai Motor Company Stock (HYMTF)