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.

New York City on Tuesday sued Hyundai Motor Co and Kia Corp , accusing the Korean automakers of negligence and creating a public nuisance by selling vehicles that are too easy to steal.

New York City sues Hyundai, Kia over vehicle thefts

Hyundai Wins Four New Vehicle Best for Teens Awards Hyundai Earns Most in Best Used Cars for Teens Awards FOUNTAIN VALLEY, Calif. , June 6, 2023 /PRNewswire/ -- Hyundai received the most vehicles awarded across new- and used-car categories in the 2023 Best Cars for Teens by U.S. News & World Report.

Hyundai Most Awarded Brand in 2023 Best Cars for Teens List by U.S. News & World Report

Hyundai Donates $25,000 Each to Savannah State University and the Dwaine & Cynthia Willett Children's Hospital of Savannah and Safe Kids Savannah SAVANNAH, Ga. , June 5, 2023 /PRNewswire/ -- Hyundai Motor America announced a new partnership with Savannah State University , and the continuation of its partnership with Memorial Health Dwaine & Cynthia Willett Children's Hospital of Savannah  and Safe Kids Savannah.

Hyundai Donates $50,000 to Savannah Organizations to Continue its Investment in the Georgia Community

May Total Sales Increased 18%; May Retail Sales Up 8% Green Car Sales Climb; Represent 19% of Retail Sales Up 93% FOUNTAIN VALLEY, Calif. , June 1, 2023  /PRNewswire/ -- Hyundai Motor America reported total May sales of 70,001 units, an 18% increase compared with May 2022.

Hyundai Motor America Reports May 2023 Sales

Hyundai Mobis held a groundbreaking ceremony for global EV dedicated battery system plant, attended by 150 guests including local government officials on 31. The new plant to supply battery systems for local flagship models in the first half of 2024, completing an EV ecosystem that covers EV cells, battery systems, and automakers.

Hyundai Mobis breaks ground in Indonesia for a New Battery System Plant

PLEASANTON, Calif.--(BUSINESS WIRE)--Tekion, innovator of the Automotive Retail Cloud® (ARC), the first and fastest cloud-native automotive retail SaaS platform, today announced its newest partnership with original equipment manufacturer (OEM) Hyundai Auto Canada. With this partnership, Hyundai and Genesis dealers across Canada can now select Tekion's Automotive Retail Cloud (ARC) as their dealer management system (DMS) provider. ARC is the first and fastest cloud-native platform including all.

Tekion's Automotive Retail Cloud Now a Strategic DMS Partner With Hyundai Auto Canada

Hyundai's Four-Vehicle Donation Is the Largest Vehicle Donation to a City to Date Marine Safety Santa Cruz Vehicles Ribbon-Cutting Celebrated Both National Public Works Week and National Beach Safety Week SANTA CRUZ, Calif. , May 31, 2023 /PRNewswire/ -- Hyundai celebrated both National Public Works Week and National Beach Safety Week at the Marine Safety Santa Cruz Vehicles Ribbon-Cutting on Thursday, May 25, where four Hyundai vehicles were donated to support the Marine Safety Division's work of keeping beachgoers safe in the City of Santa Cruz.

Hyundai Donates Four Santa Cruz Vehicles to Help Support City of Santa Cruz Marine Safety Division

Revenue has grown at a CAGR of 3% across the last decade, although the company has seen significant improvement in recent years. EBITDA-M has improved from 5% in FY20 to 10% in LTM Mar23. Hyundai's bloated balance sheet and economic conditions are key risks, however, we believe this is priced in.

Hyundai: Financially Superior Automaker

The automakers rolled out a software fix in February aimed at stopping a surge in vehicle thefts, but the problem continues to plague car owners.

Hyundai, Kia Thefts Continue Months After Fix

World-Class Hyundai Air & Sea Show Takes Place Memorial Day Weekend, May 27-28 Hyundai Donates $50,000 to Folds of Honor Hyundai was Recognized as a Military Friendly® Employer from VIQTORY and named a "Best for Vets Employer" by Military Times MIAMI , May 26, 2023 /PRNewswire/ -- The National Salute to America's Heroes presented by Hyundai returns to Miami Beach for the seventh year this Memorial Day weekend May 27-28, 2023. The patriotic two-day event is designed to pay tribute and honor military and first responders and includes the Hyundai Air & Sea Show®, U.S. Army SaluteFest™ , Music Explosion™ presented by Hyundai , and a display village with interactive exhibits, simulators, and entertainment for the whole family to enjoy.

Hyundai Title Sponsors the Seventh Annual National Salute to America's Heroes' Hyundai Air & Sea Show in Miami

Hyundai Motor Group and LG Energy Solution revealed that they plan to build a $4.3 billion electric-vehicle battery factory, strengthening their tie-up overseas to meet the growing demand for EVs. Executives from both sides signed an agreement in LG Energy's headquarters in Seoul on Friday to construct a 50-50 EV battery cell joint venture in Savannah, Georgia.

Hyundai Motor and LG Energy plan $4.3 billion battery factory in US

The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built Total investment amount of over  USD 4.3 billion; LGES and HMG to take a 50 percent stake respectively JV's battery production aimed to start at the end of 2025 with an annual production capacity of 30 GWh, capable of supporting the production of 300,000 EVs Building the second battery manufacturing JV, LGES  and Hyundai Motor Group aim to continue strengthening the ties with their long-time partnership in electrification efforts SEOUL, South Korea , May 26, 2023 /PRNewswire/ -- LG Energy Solution (LGES) and Hyundai Motor Group announced an EV battery cell manufacturing joint venture in the U.S. today. LGES and Hyundai Motor Group signed a memorandum of understanding to produce EV batteries in the U.S. and further accelerate the Group's electrification efforts in North America.

LG Energy Solution and Hyundai Motor Group to Establish Battery Cell Manufacturing Joint Venture in the U.S.

South Korea's Hyundai Motor Group and LG Energy Solution Ltd on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.

Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US

Hyundai Motor Group 005380, +0.25% and LG Energy Solution 373220, -0.69% plan to build a $4.3 billion electric-vehicle battery factory in the U.S., strengthening their tie-up overseas to meet growing demand for EVs.

Hyundai, LG Energy to build $4.3 billion EV battery factory in U.S.

Hyundai Motor announced on Friday it plans to invest 1.43 trillion won ($1.1 billion) to build an electric battery joint venture with LG Energy Solution in North America.

Hyundai Motor to build EV battery joint venture with LG Energy Solution

Displays real-time driving information on the road for drivers, and guides pedestrians to cross roads safely with a virtual crosswalk. The system integrates with the camera sensor and GPS navigation to show various information and help drivers drive safely at night.

Hyundai Mobis Develops Groundbreaking Headlamps that Prevent Nighttime Accidents

Korean carmaker known for its budget brands has become an EV innovator; sets sights on Tesla

How Did Hyundai Get So Cool?

For its first-ever Hyundai brand entry in the prestigious Concorso d'Eleganza Villa d'Este, Hyundai Motor exhibited its N Vision 74, Hyundai N Brand's high-performance 'Rolling Lab' The fully functional 'Rolling Lab' features a unique hydrogen fuel cell electric hybrid architecture with emphasis on sustainable high performance. N Vision 74 pays homage to Hyundai's design heritage, inspired by the 1974 Pony Coupe Concept, while guiding the way for future sustainable high-performance mobility COMO, Italy and SEOUL, South Korea , May 20, 2023 /PRNewswire/ -- For Hyundai Motor Company's first-ever appearance at the prestigious Concorso d'Eleganza Villa d'Este this week in Lake Como, Italy, Hyundai Motor exhibited its N Vision 74 concept, catching the attention of the world-famous classic car and prototype show's guests.

Hyundai Motor's Sensational N Vision 74 Concept Thrills at Concorso d'Eleganza Villa d'Este 2023

Car owners sued the companies after a social-media challenge inspired thieves.

Kia and Hyundai to Pay $200 Million to Settle Viral Car-Theft Suit

Former and present Hyundai engineers and designers commemorate the Pony Coupe Concept restoration in the birthplace of the original's design and debut in 1974 The restoration represents the company's historic past, present success and future mobility vision, shown alongside the innovative Pony Coupe Concept-inspired N Vision 74 concept Hyundai Motor to enter the Pony Coupe Concept-inspired N Vision 74 'Rolling Lab' into the concept car competition at the upcoming Concorso d'Eleganza Villa d'Este COMO, Italy and SEOUL, South Korea , May 19, 2023 /PRNewswire/ -- Hyundai Motor Company today celebrated the restoration of the Pony Coupe Concept at Hyundai Reunion held at historic Villa Pliniana in Lake Como, Italy.   Hyundai Motor collaborated with Italian design firm GFG Style, notably its father and son founders Giorgetto and Fabrizio Giugiaro to rebuild the influential 1974 Pony Coupe Concept that young Giorgetto created for Hyundai's debut at the 1974 Turin Motor Show.

Inaugural Hyundai Reunion Celebrates Rebirth of Hyundai Motor's Pony Coupe Concept

Recreated Pony Coupe Concept makes debut in Lake Como nearly 50 years after its original debut at 1974 Turin Motor Show Rebuilt by original designer, Giorgetto Giugiaro, the Pony Coupe Concept has been faithfully recreated to exacting specifications and original materials Original Pony Coupe Concept inspired current flagship concept, N Vision 74 which makes its Italian debut at 'Hyundai Reunion' event and then at the Concorso d'Eleganza on May 20 th Pony Coupe Concept is now widely considered a retro-futuristic classic that has served as design inspiration for more recent Hyundai Motor models and represents a significant part of the brand's proud heritage Like the original, the origami-like exterior design features geometric lines and pure unadorned surfaces while the minimalist interior is distinguished by its driver-focused floating architecture COMO, Italy and SEOUL, South Korea , May 18, 2023 /PRNewswire/ -- Hyundai Motor Company's recreated Pony Coupe Concept has made its world premiere — nearly 50 years after its original debut — in Lake Como, Italy. Originally unveiled at the 1974 Turin Motor Show, the Pony Coupe Concept is an important vehicle in the company's history and design heritage.

Hyundai Pony Coupe Concept Restored - After 50 Years, Unveiled at Its Birthplace Italy

Korean automakers Kia and Hyundai have agreed to an estimated $200 million class action legal settlement over claims that many of the companies' cars and SUVs are much too easy to steal.

Hyundai and Kia agree to $200 million legal settlement over theft issues

Cars were stolen using a method popularized on TikTok and other social media channels.

Hyundai, Kia agree to $200M settlement over car thefts: lawyers

Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth more than $200 million over rampant car thefts of the Korean automakers' vehicles, lawyers for the owners said on Thursday.

Hyundai, Kia agree to $200 million settlement over car thefts -lawyers

LOS ANGELES--(BUSINESS WIRE)---- $HYMTF #cartheft--A proposed class-action settlement valued at more than $200 million regarding car thefts was reached with Hyundai and Kia according Hagens Berman.

News for Hyundai Motor Company Stock (HYMTF)