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.

The Korean auto giant joins General Motors, Ford, Volkswagen and other global rivals looking to dethrone Tesla as the world's top EV brand.

Hyundai Is Tesla's Latest Challenger With Plans For $5.5 Billion U.S. EV, Battery Plant

SEOUL, South Korea--(BUSINESS WIRE)-- #3DHighResolutionLiDAR--Hyundai Motor Group and SOSLAB will cooperate in the development of 3D LiDAR for the optimized autonomous driving performance of mobile robots.

Hyundai Motor Group and SOSLAB to Jointly Develop LiDAR for Mobile Robots

Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for its electric vehicle (EV) business in South Korea.

Hyundai Motor Group plans to invest $16.5 billion in South Korea EV business

The concept, once perfected, may benefit millions of people nationwide.

Hyundai's Inaugural Move Into Healthcare: Enabling Prescription Drug Delivery

Hyundai is planning to build a huge, $7 billion electric vehicle plant in Georgia and will announce the details next week, according to a U.S. official.

Hyundai plans $7B new US plant: report

This time around the vehicles are getting all-new fuel hoses, rather than more heat tape.

Hyundai Rerecalls 215,000 Sonatas Over Leaky Fuel Hose Concerns

Hyundai is recalling more than 215,000 midsize cars in the US — most for a second time — because fuel hoses can leak in the engine compartment and cause fires.

Hyundai recalls 215,000 Sonatas over fire risk from faulty fuel hoses

Hyundai launched its all-new high-end all-electric car platform in mid-late 2021, and the time has come to render the initial verdict. As of March 2022, the combined Hyundai-Kia sales rate for these electric cars has reached 240,000 per year.

The First Verdict On Hyundai's Major Electric Car Sales Push

Hyundai Electrified Vehicle Retail Sales Increased 68% in April Led by the World Car of the Year IONIQ 5 Electric SUV FOUNTAIN VALLEY, Calif. , May 3, 2022 /PRNewswire/ -- Hyundai Motor America reported April retail sales of 61,668 units, its second-best April retail sales month in its history.

Hyundai Motor America Reports Second-Best April Retail Sales in its History

Muñoz will be appointed to Hyundai Motor Company Board of Directors Muñoz joins the board of management SEOUL, South Korea and FOUNTAIN VALLEY, Calif. , May 2, 2022 /PRNewswire/ -- José Muñoz, President & COO of Hyundai Motor Company (HMC), has joined HMC's board of management.

Hyundai Motor Company Expands President and COO José Muñoz Responsibilities

Hyundai Motor Co on Monday posted a 19% rise in first-quarter profit as favourable exchange rates offset a jump in raw material costs and a drop in sales caused by the prolonged global chip shortage.

Hyundai Motor Q1 profit surges on favourable currency rate

Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports and offsetting a prolonged chip shortage, a sales slump in Russia and rising raw material costs.

Weak won fuels Hyundai Motor Q1 profit, offsets chip shortage, costs

SEOUL, South Korea , April 21, 2022 /PRNewswire/ -- Hyundai Motor Group (the Group) has won a series of highly sought-after accolades at the prestigious World Car Awards (WCA), with the Hyundai IONIQ 5 securing the World Car of the Year, World Electric Vehicle of the Year, and World Car Design of the Year. The award wins and finalist nominations across multiple WCA categories highlight the Group's vision and leadership in the delivery of battery electric vehicles (BEVs) with cutting-edge design and technology.

Hyundai Motor Group leadership in electromobility recognized with multiple World Car Awards

Hyundai Motor Co plans to add electric vehicles (EV) in its Montgomery assembly line in the United States, marking the South Korean automaker's first EV production in the country, Hyundai Motor Manufacturing Alabama said on Tuesday.

Hyundai Motor to begin electric vehicles production in U.S

Accolade presented at inaugural Newsweek World's Greatest Auto Disruptors event Award recognizes Executive Chair Euisun Chung for his integral role in the rise of Hyundai and Kia globally Under Chung's leadership, Hyundai Motor Group continues to redefine what's possible in mobility and is providing increased freedom of movement for humanity The Group also honored with 'Research and Development Team of the Year' and 'Powertrain Evolution of the Year' awards, winning three out of six awards NEW YORK and SEOUL, South Korea , April 12, 2022 /PRNewswire/ -- Hyundai Motor Group's Executive Chair, Euisun Chung, today won the 'Visionary of the Year' award at the inaugural Newsweek World's Greatest Auto Disrupters event. The World's Greatest Auto Disruptors 2022 program has evolved from Newsweek America's 50 Greatest Disruptors – a list of visionaries, innovators and pioneers – introduced in 2021.

Hyundai Motor Group Executive Chair Euisun Chung named as the 'Visionary of the Year' at Newsweek's World's Greatest Auto Disruptors Award

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The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy Solution of South Korea.

Feds probing electric car batteries after spate of recalls

Hyundai's Q1 Retail Sales Increased 1.4% Hyundai's Q1 2022 Retail Sales Significantly Outperformed Forecast of a 14.8% Total Industry Decline FOUNTAIN VALLEY, Calif. , April 1, 2022 /PRNewswire/ -- Hyundai Motor America reported record-breaking Q1 retail sales of 159,676 units, a 1.4% increase compared with 2021's Q1 retail record of 157,470 units.

Hyundai Motor America Reports Record-Breaking Q1 2022 Retail Sales

Kia has revealed that a road-ready, production version of its Concept EV9 electric SUV will be available in Europe in 2023.

Kia's EV9 SUV will move from concept to reality in 2023

STARIA, Hyundai's MPV lineup, recognized with 'Best of the Best' title at Red Dot Award: Product Design 2022 Since its launch, STARIA has offered a completely new experience and value proposition to global customers through its unprecedented design and innovation SEOUL, South Korea , March 28, 2022 /PRNewswire/ -- Hyundai Motor Company announced today its STARIA multi-purpose vehicle (MPV) has won the 'Best of the Best' accolade at the Red Dot Award: Product Design 2022. The Best of the Best is awarded for groundbreaking design and is the highest title in the competition.

Hyundai Motor's STARIA MPV Wins Best of the Best at Red Dot Award

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You might be worried about the direction of the stock market — and reasonably so, given tech stocks' February plummet. But you could actually be making a lot of money in the market these days.

EV Stocks Are on Fire — and the Gains Only Go Up From Here

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The higher gas prices go, the more consumers buy EVs instead of gas-powered cars. The correlation here is clear and implies that it's time to buy EV stocks.

Buy EV Stocks to Profit Off Record-High Gas Prices

The automaker, led by Korean billionaire Euisun Chung, is pushing into a global EV market that's expected to accelerate over the coming years in keeping with goals set by governments in much of the world to cut greenhouse emissions.

Korean Auto Giant Hyundai Unveils $16 Billion Plan To Accelerate Electric Vehicle Push

The Ukraine crisis could worsen rising inflation and propel already record-high vehicle prices even higher.

Russia's invasion of Ukraine could cut auto production by millions of vehicles this year

South Korea's Hyundai Motor Co has not decided when to resume operations at its assembly plant in Russia's St Petersburg, it said on Friday, citing ongoing issues with components delivery.

Hyundai Motor continues suspension at Russian assembly plant

Hyundai Motor CEO Jaehoon Chang unveiled the company's electrification roadmap and strategies at the 2022 CEO Investor Day forum today Hyundai targets to sell 1.87 million BEVs annually by 2030 by strengthening line-up ⋯ To introduce 17 new BEV models by 2030; 11 for Hyundai models and six for Genesis luxury brand To strengthen competitiveness in BEVs through hardware and software capabilities⋯ To introduce an Integrated Modular Architecture (IMA) in 2025 SEOUL, South Korea, March 2, 2022 /PRNewswire/ -- Hyundai Motor Company today unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. President and CEO Jaehoon Chang and other executives presented the plans to shareholders and investors, and other various stakeholders at the '2022 CEO Investor Day' virtual forum.

News for Hyundai Motor Company Stock (HYMTF)