Hyundai Motor

2025.01.23

14:25

Hyundai Motor: The company will be less negatively impacted by potential U.S. tariffs than Honda and Toyota.

14:07

Hyundai Motor: Plans to commercialize robot taxis in 2026.

14:02

Hyundai Motor: It is expected that the U.S. Inflation Reduction Act subsidies will continue to take effect this year, but may be withdrawn as early as September this year.

13:51

Hyundai Motor: Seeking cooperation with General Motors in the commercial vehicle and passenger vehicle sectors.

13:46

Hyundai Motor: Seeking to sign a binding agreement on joint procurement of auto parts in North America.

2025.01.14

07:25

Hyundai Motor and Delta Airlines each donate $1 million to Trump inauguration fund

Hyundai Motor America and Delta Air Lines each announced Monday that they were among the companies donating $1 million to President-elect Trump's inauguration fund. Other major companies donating to the Jan. 20 inauguration include Boeing, General Motors, Ford, Microsoft and Meta.

07:17

Hyundai Motor and Delta Air Lines announced they would each donate $1 million to the Trump inauguration fund.

2025.01.13

14:33

South Korea's Kospi index closed down 1.13%

South Korea's Composite Index closed down 1.13%, SK Hynix fell more than 4%, and Hyundai Motor and Samsung Electronics fell more than 2%.

2025.01.12

10:00

South Korea's Hyundai Motor reportedly donates $1 million to Trump inauguration fund

South Korea's Hyundai Motor Co. donated $1 million to President-elect Donald Trump's inauguration fund through its U.S. subsidiary, according to people familiar with the matter. This is the first time in Hyundai Motor's history that it has donated to a U.S. inauguration. General Motors Co., Ford Motor Co. and Toyota Motor Corp. also donated $1 million each to Trump's inauguration fund, according to company representatives and other people familiar with the matter.

2025.01.11

18:46

Market news: Hyundai Motor Company donates $1 million to Trump's inauguration fund.

2025.01.10

10:19

South Korea's six largest automakers' exports hit a nine-year high last year, but may see a decline this year due to multiple factors

The Korea Automobile Manufacturers Association (KAMA) said on January 9 that last year, six Korean automakers, including Hyundai Motor, Kia, GM Korea, KG Mobility, Renault Korea and Tata Daewoo, exported a total of 2.7826 million vehicles, the highest since 2015 (2.974114 million vehicles). However, this year, automobile exports are expected to decline due to multiple uncertainties. Although the total export volume last year set a record, the year-on-year growth rate was only 0.6%, far lower than the 20.3% growth rate in 2024. KAMA pointed out that the recovery of demand in the North American market and the continued hot sales of SUVs and hybrid vehicles have become the main driving force for exports. However, poor export performance outside North America and slowing demand for electric vehicles have led to a slowdown in overall growth. KAMA predicts that the export volume of Korean automakers may fall to 2.7 million vehicles this year, a year-on-year decrease of 3.1%. The slowdown in global economic growth, the deterioration of the international trade environment, and the policy proposal that the "future Trump administration" may restart general tariffs have added uncertainty to the export outlook.

01:02

Hyundai Motor, Nvidia partner to accelerate development of advanced AI technology

South Korea's Hyundai Motor and Nvidia on Thursday announced a strategic partnership to accelerate the development of advanced AI technologies to drive the future of mobile mobility.

2025.01.05

13:01

The sales of new energy vehicles of the top five automakers in South Korea increased by 11.1% year-on-year to 450,000 units last year

Based on the sales performance released by South Korea's five major automakers on January 5, South Korea's new energy vehicle sales increased by 11.1% year-on-year to 450,000 units last year, a record high. New energy vehicles include hybrid vehicles, electric vehicles and hydrogen fuel cell vehicles (FCEV). Among them, hybrid vehicle sales increased by 24.9% year-on-year to 356,000 units, a record high. Its sales accounted for 88% of the total sales of new energy vehicles. Electric vehicle sales decreased by 21.2% year-on-year to 91,000 units, falling below 100,000 units. Hydrogen fuel cell vehicle sales fell by 36.4% year-on-year to 2,751 units. By brand, Hyundai Motor and Kia's new energy vehicle sales increased by 5.8% year-on-year to 423,000 units, breaking the 400,000 mark for the first time in history.

2025.01.03

15:17

Hyundai Motor: Global car sales are expected to reach 4.17 million units in 2025

Hyundai Motor said on January 3 that it expects global vehicle sales to reach 4.17 million units in 2025.

2024.12.27

08:50

Hyundai said to start trial production of all-solid-state batteries next year

South Korea's Hyundai Motor is about to begin production of all-solid-state batteries and plans to put them into the electric vehicle market, according to Electrek.

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