Hyundai Motor

2025.06.03

14:53

Hyundai Motor America: Total sales increased 8% in May.

2025.06.02

14:39

Hyundai Motor's global sales fell 2% in May

Hyundai Motor's global sales fell 2% in May from a year earlier.

14:36

Hyundai Motor: Geopolitical risks are expected to increase.

14:36

Hyundai Motor's global sales fell 2% year-on-year in May.

2025.06.01

11:21

South Korea's exports fell 1.3% in May from a year earlier

South Korea's Ministry of Trade, Industry and Energy released data on May's import and export trends on the 1st. The export value in May fell by 1.3% year-on-year to 57.27 billion US dollars. This is the first time in four months that South Korea's exports have declined year-on-year since January this year. By item, semiconductor exports increased by 21.2% year-on-year to 13.8 billion US dollars, setting a record for the same month in all previous years. Mobile phone exports increased by 30% year-on-year, driving wireless communication equipment exports to increase by 3.9% year-on-year to 1.3 billion US dollars. Bio-health increased by 4.5% year-on-year to 1.4 billion US dollars. Ship exports increased by 4.3% to 2.2 billion US dollars. In contrast, automobile exports fell by 4.4% year-on-year to 6.2 billion US dollars. It is noteworthy that due to the operation of Hyundai Motor Group's new plant in Georgia, South Korea's automobile exports to the United States fell sharply by more than 30% year-on-year. Petroleum products and petrochemical exports fell by 20.9% and 20.8% respectively to 3.6 billion US dollars and 3.2 billion US dollars.

2025.05.30

01:47

Market news: Hyundai Motor will increase prices as early as next week.

01:46

Hyundai Motor considering raising U.S. car prices as early as next week

Hyundai Motor Co. is considering raising prices on its U.S. vehicles across the board, with the hikes expected to come as soon as next week.

2025.05.26

15:25

According to South Korean media ChosunBiz: Hyundai Motor is considering raising car prices in the United States.

15:22

Hyundai considers raising car prices in U.S.

Hyundai Motor is considering raising car prices in the United States.

2025.05.16

09:35

Market news: South Korea's Hyundai Motor's executive vice chairman met with the U.S. Trade Representative to discuss bilateral cooperation.

2025.05.01

15:11

Hyundai Motor's U.S. sales in April were 81,503 vehicles, up 19% year-on-year.

06:50

Ford ends project to develop Tesla-like electronic brain

Ford Motor Co. (FN) ended a plan to develop a next-generation electrical architecture, the brains of modern vehicles, that Ford executives had called critical to competing with electric vehicle pioneers such as Tesla Inc., three people familiar with the matter told Reuters. Ford invested heavily in the system, known internally as FNV4 (Fully Connected Vehicle), to simplify vehicle software functions. The goal was to cut costs, improve quality and add profitable features to electric and gasoline-powered cars. The project was abandoned because of ballooning costs and delays, the sources said. A Ford spokesman said the company will apply lessons learned from developing FNV4 to existing software systems and will continue to focus on delivering advanced electrical architectures with its "skunkworks" team.

2025.04.30

16:37

Hyundai Motor (China) Investment Co., Ltd. recalls some imported Enik 5 N pure electric vehicles

Recently, Hyundai Motor (China) Investment Co., Ltd. filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the Regulations on the Management of Recall of Defective Automobile Products and the Implementation Measures for the Regulations on the Management of Recall of Defective Automobile Products. Recall number S2025M0064V: From now on, some imported Aini K 5 N pure electric vehicles with production dates from July 11, 2024 to November 28, 2024 will be recalled, totaling 168 vehicles. Some vehicles within the scope of this recall may have reduced braking efficiency and longer braking distance when driving the vehicle in left-foot braking mode (LFB) due to unreasonable settings of the vehicle control module (VCU) and integrated electronic brake (IEB) software, which may increase the risk of collision and pose a safety hazard.

2025.04.24

23:48

Work stoppages, layoffs, Hyundai Steel employees worried about their livelihoods

Hyundai Motor Group is South Korea's largest exporter of automobiles to the United States. Last month, the United States' policy of imposing a 25% tariff on imported steel and aluminum products took effect, further affecting South Korea's steel exports to the United States, making the business environment of Hyundai Steel, a subsidiary of Hyundai Motor Group, even worse. Just two days before the United States imposed tariffs, Hyundai Motor Group executives visited the White House and announced that they would invest $21 billion in the United States over the next four years, including a $5.8 billion investment by Hyundai Steel to build a new plant in Louisiana to supply steel to its auto plants in Alabama and Georgia. The news of the huge investment in the United States has exacerbated the concerns of Hyundai Steel's employees. In Incheon, South Korea, a Hyundai Steel plant has stopped production and started a voluntary resignation process to lay off employees.

2025.04.22

19:21

Hyundai Motor India has signed a memorandum of understanding with Indian Oil Corporation to jointly explore the feasibility of large-scale application of hydrogen fuel cell vehicles.

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Weekly Highlights

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