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.

2025 IONIQ 5 features full slate of enhancements including increased battery capacity, driving range, and innovative new features IONIQ 5 is the first Hyundai to be manufactured at Hyundai Motor Group Metaplant America (HMGMA) in Georgia New, aggressive IONIQ 5 XRT adds rugged capability to America's Most Awarded EV Lineup 2025 IONIQ 5 models gain access to 17,000+ Tesla Superchargers via new North American Charging Standard (NACS) port LOS OLIVOS, Calif. , Sept. 3, 2024 /PRNewswire/ -- Hyundai today announced the release of the refreshed 2025 IONIQ 5, including a rugged new IONIQ 5 XRT variant, ideal for venturing further off the beaten path.

Hyundai Debuts U.S.-Built 2025 IONIQ 5 Range, Including New Adventure-Ready XRT

Key leaders from the U.S., Japan and South Korea to explore diverse opportunities for democracy, international security and mutual prosperity Around 100 key figures from the governments, parliaments and companies of South Korea, the U.S., and Japan will convene in Seoul on September 4 Hyundai Motor Group to sponsor the event, facilitating private and public cooperation between the three countries SEOUL, South Korea , Sept. 3, 2024 /PRNewswire/ -- Hyundai Motor Group (the Group) today said that it will sponsor the second U.S.-Japan-Korea Trilateral Executive Dialogue (TED), which will take place in Seoul on September 4 2024.

Hyundai Motor Group Sponsors Second 'Trilateral Executive Dialogue' Between the US, Japan and South Korea

Hyundai Motor, long the most successful foreign automaker on Indian roads, is hoping to regain market share from increasingly formidable domestic rivals by launching a series of new SUVs as it gears up for a $3 billion public listing in the country.

Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO

Focus on Three Strategic Areas for Next-Generation Core Materials: Sustainable materials, innovative mobility materials, and digital materials Enhancing Competitiveness of Electrification and Electronic Components While Meeting Global Environmental Regulations Strengthening Independent Competitiveness in Materials, Components, and Equipment with Continued R&D Success and AI-Driven Talent Acquisition SEOUL, South Korea , Aug. 28, 2024 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) is accelerating the development of new materials for future mobility, achieving diverse research and development milestones. This proactive approach positions the company to effectively respond to the anticipated tightening of global environmental regulations around 2030.

Hyundai Mobis Accelerates Development of Sustainable Recyclable Materials and Innovative Substitutes for Rare Raw Materials

Polestar Automotive Holding UK PLC

Polestar and Hyundai are the latest carmakers to signal changes as the industry grapples with slowing electric vehicle demand. Hyundai unveiled plans to double the number of hybrid models it offers to 14 on Wednesday.

EV demand slowdown sees Hyundai turn to hybrids, Polestar switch boss

"Xafty® can be the only oral COVID-19 treatment that can be prescribed to high-risk group patients who cannot take Paxlovid®" "While maintaining the current process for emergency use authorization for mild-to-moderate COVID-19 patients, Hyundai Bioscience will expedite Phase 3 clinical trial exclusively for high-risk group" SEOUL, South Korea , Aug. 28, 2024 /PRNewswire/ -- Hyundai Bioscience Co., Ltd, currently pursuing Emergency Use Authorization (EUA) for its oral COVID-19 treatment, Xafty®, for mild-to-moderate cases, announced on August 27th that it has submitted an Investigational New Drug (IND) application for Phase 3 clinical trial to the Ministry of Food and Drug Safety (MFDS) of the Republic of Korea. This new trial will specifically target high-risk group patients with mild-to-moderate COVID-19.

Hyundai Bioscience to conduct phase 3 clinical trial for high-risk group of COVID-19 patients with the goal of emergency use authorization

Hyundai Motor details a flexible response approach to market conditions and focus on electrification through its 'Hyundai Way' strategy

Hyundai Motor Unveils New 'Hyundai Way' Strategy and Outlines Mid- to Long-Term Goals at 2024 CEO Investor Day

Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric vehicle demand.

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

Elantra Hybrid Blue now starts at $ 26,250 including destination Elantra Hybrid Blue offers segment-leading EPA estimated up to 54 MPG combined New Elantra SEL Sport offers expressive styling and notable dynamics Elantra SEL Convenience trim simplifies shopping for customers FOUNTAIN VALLEY, Calif. , Aug. 27, 2024 /PRNewswire/ -- Hyundai today released pricing details for the 2025 Elantra family, emphasizing the brand's commitment to providing a compelling blend of safety, performance, technology, fuel efficiency and advanced standard features for a wide range of customers.

Hyundai Announces 2025 Elantra Pricing with Expanded Model Lineup

New e ntry-level SE trim bows with $ 26,650 starting MSRP SEL Convenience package is now a stand-alone trim FOUNTAIN VALLEY, Calif. , Aug. 26, 2024 /PRNewswire/ -- Hyundai Motor America today released pricing details for the 2025 Sonata lineup.

Hyundai Announces 2025 Sonata Pricing, Including Attainable New SE Model

South Korean automotive brands follow up on credit ratings upgrades from earlier in 2024 with raise to 'A-' by ratings agency S&P Global Diverse product lineup and balance of hybrids and fully electric models responsible for three positive ratings upgrades since February Hyundai and Kia's electrification strategy to underpin strong projected financials  SEOUL, South Korea , Aug. 26, 2024 /PRNewswire/ -- Leading global mobility brands Hyundai and Kia have just received a big vote of confidence from S&P Global, as the renowned ratings agency has upgraded both brands' credit ratings to 'A-'. This marks a significant milestone for the Korean automotive brands, underlining their influence in the global mobility sector.

Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players

Hyundai Motor and Kia receive series of rating raises in 2024 from major global credit ratings agencies Upgrade for Hyundai and Kia follows strong financial performance and improved competitiveness of diverse product lineup Latest ratings upgrade comes ahead of Hyundai Motor CEO Investor Day on Wednesday 28th August, set to outline future strategy and financials SEOUL, South Korea , Aug. 26, 2024 /PRNewswire/ -- Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) have achieved the significant milestone of securing upgraded ratings in 2024 from all three major global credit rating agencies: S&P Global (S&P), Moody's Investors Service (Moody's) and Fitch Ratings (Fitch). Hyundai Motor and Kia's ratings from S&P were upgraded last week to 'A-', following Fitch Ratings' raise to 'A-' and Moody's upgrade to 'A3' for both brands in February.

Hyundai Motor Group Companies' Ratings Upgraded by Global Top Rating Agencies

Car and Driver raves: "Hyundai IONIQ 5 N has the cure for electric-car boredom" IONIQ 5 N elevates the Three Pillars of N performance — Corner Rascal, Racetrack Capability and Everyday Sportscar — by leveraging motorsport-bred technologies IONIQ 5 N's electric motors create a formidable 641 horsepower (478 kW) with N Grin Boost engaged, using a two-stage inverter and new 84-kWh battery FOUNTAIN VALLEY, Calif. , Aug. 22, 2024 /PRNewswire/ -- It's a three-peat!

Hyundai Wins Car and Driver's Prestigious EV of the Year Accolade for Third Straight Year With 2024 IONIQ 5 N

Study measures how well automakers integrate new technologies into their vehicles and gauges user satisfaction 2024 Santa Fe wins mass-market Infotainment and Connectivity Award for phone-based Digital Key technology FOUNTAIN VALLEY, Calif. , Aug. 22, 2024 /PRNewswire/ -- For the fifth year in a row, Hyundai is being recognized as the top mass-market brand in the J.D.

Hyundai Named Top Mass-Market Brand in J.D. Power 2024 U.S. Tech Experience Index for Fifth Consecutive Year

Hyundai Motor's S&P Global credit rating upgraded from 'BBB+' to 'A-', achieving an 'A' rating from the world's top three credit agencies this year High worldwide evaluations reflect Hyundai Motor's product and brand competitiveness, profitability, financial soundness and global market position SEOUL, South Korea , Aug. 21, 2024 /PRNewswire/ -- Hyundai Motor Company (Hyundai Motor) announced that the global credit rating agency S&P Global has upgraded the credit rating from 'BBB+' to 'A-'. S&P Global presented a 'Stable' credit rating outlook for the company.

Hyundai Motor Receives a Credit Rating Upgrade as 'A-' from S&P Global

Automaker Hyundai Motor Company HYMTF has claimed the title of the second-largest electric vehicle company in the U.S. through the first six months of the year.

Move Over Ford And General Motors, There's A New No. 2 Electric Vehicle Maker In The US Behind Tesla

FOUNTAIN VALLEY, Calif. , Aug. 13, 2024 /PRNewswire/ -- Hyundai Motor America hosted a child passenger and pedestrian safety event at its national headquarters in Fountain Valley, California with Children's Hospital Los Angeles (CHLA).

Hyundai and Children's Hospital Los Angeles Host Child Passenger and Pedestrian Safety Event

U.S. auto safety regulators said on Friday that it was opening a preliminary evaluation into approximately 332,288 Hyundai SUVs in the United States over a potentially faulty seat belt.

US auto regulator opens probe into over 330,000 Hyundai SUVs over seat belts

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Global electric car sales June 2024 up 15% YoY to 22% share. China sales up 23% to 49.9% share. Europe down 5% to 22% share. USA down 3.8% to 9.10%. EV market news - EU puts tariffs on China EVs. China doubles cash subsidies to replace ICE cars. U.S. EV sales reach new record in Q2 2024, up 11.3% YoY. EV company news - Tesla delays robotaxi event to October. JPMorgan hikes BYD's PT by more than 80% on outlook (to HKD 475). Volvo June electric car sales up 41%.

EV Company News For The Month Of July 2024

BOSTON--(BUSINESS WIRE)--Access Advance welcomes Hyundai Motor Company and Kia as Licensors of the VVC Advance Patent Pool, ensuring fair access to media technologies.

Hyundai Motor Company and Kia Join the VVC Advance Patent Pool

Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The "Automotive Front End Modules Market Trends, Sector Overview and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. The global volume of automotive front-end modules was at 91.0 mn units in 2023 and is expected to increase and reach 99.2 mn units in 2028.The global automotive front-end modules market recorded a negative CAGR of 0.7% and is expected to post a CAGR of 1.7% in the forecast period 2023-28.

Automotive Front End Modules Industry Trends Report 2024 and Forecast to 2028 Featuring HBPO, Denso, Marelli, Hyundai Mobis, and Valeo

Hyundai Elantra named Best Vehicle for First-time New Car Buyers and Top Pick for Urbanites Hyundai IONIQ 5 named Top Pick for Tomorrow Seekers, Suburbanites and New Parents Hyundai IONIQ 6 named Top Pick for Tomorrow Seekers FOUNTAIN VALLEY, Calif. , Aug. 6, 2024 /PRNewswire/ -- Hyundai received six product wins in the 2024 Newsweek Autos Awards.

Hyundai Wins Multiple Product Recognitions in the 2024 Newsweek Autos Awards

HONG KONG--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Hyundai Insurance (China) Co., Ltd. (HIC) (China). The Credit Ratings (ratings) reflect HIC's balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management (ERM). The negative outlook.

AM Best Revises Outlooks to Negative for Hyundai Insurance (China) Co., Ltd.

July total sales increased 4 %; Year-to-date total sales up 2 % Best July for Elantra HEV, Santa Fe HEV, Tucson HEV, and Palisade Hybrid total sales increase 67 % in July FOUNTAIN VALLEY, Calif. , Aug. 1, 2024 /PRNewswire/ -- Hyundai Motor America reported total July sales of 69,202 units, a 4% increase compared with July 2023.

Hyundai Motor America Reports July 2024 Sales

Hyundai Motor America is recalling over 49,000 U.S. vehicles over unintentional air bag deactivation or deployment, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday.

News for Hyundai Motor Company Stock (HYMTF)