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.

FOUNTAIN VALLEY, Calif. , Aug. 1, 2023 /PRNewswire/ -- Hyundai's award-winning, all-electric IONIQ 5 has been named favorite all-wheel drive vehicle by the New England Motor Press Association (NEMPA) in the organization's Winter Test evaluations.

Hyundai IONIQ 5 Named Favorite All-Wheel Drive Vehicle by New England Motor Press Association

All-Time Monthly Retail Sales Records for July led by EV Vehicles BEV Sales Climb; Represent 10% of Retail Sales Up 98% July Total Sales Increased 10%; Best all-time month for IONIQ 5 and Tucson PHEV FOUNTAIN VALLEY, Calif. , Aug. 1, 2023 /PRNewswire/ -- Hyundai Motor America reported total July sales of 66,527 units, a 10% increase compared with July 2022.

Hyundai Motor America Reports Record-Breaking Retail July 2023 Sales

Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won Shipbuilding, construction equipment and electric power device units achieving solid earnings HD Korea Shipbuilding & Offshore Engineering's revenue at 5.4536 trillion won, up 30.2% YoY H2 earnings expected to stay stable following acceleration of profit improvement in shipbuilding unit and improved oil refining market SEOUL, South Korea , July 27, 2023 /PRNewswire/ -- HD Hyundai, the world's largest shipbuilder and heavy industries conglomerate, released its 2023 Q2 financial results. HD Hyundai reported a revenue of 15.6213 trillion won and operating profit of 472.6 billion won for the April-June period.

HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1

General Motors

Honda

Seven top automakers announced Wednesday their intentions to build a high-powered charging network with at least 30,000 chargers across the U.S. and Canada.

GM, Honda, Hyundai, other major automakers announce plan to build electric vehicle charging network

Tesla

Seven major automakers are combining efforts to expand a network of fast-charging electric-vehicle hookups in North America meant to mimic Tesla's Superchargers and to take advantage of Biden-administration subsidies.

GM, Hyundai and others to build 30,000 fast EV chargers in challenge to Tesla

LOS ANGELES--(BUSINESS WIRE)-- #auto--Owners of Hyundai, Genesis and Kia EVs today filed a class-action lawsuit for defective charging ports in their vehicles, according to Hagens Berman.

Hagens Berman: Owners of Hyundai, Kia and Genesis Electric Vehicles Sue Over Defect Causing Rampant Charging Failure

Bayerische Motoren Werke AG

Seven automakers plan to build an electric-vehicle charging network to take on Tesla. Tesla's Supercharger network is by far the largest in North America.

Car companies like Honda, BMW, and Hyundai are banding together to build an EV-charging network bigger than Tesla's Supercharger empire

Stellantis N.V. 

Seven Automakers Unite to Create a Leading High -Power ed Charging Network Across North America

Seven Automakers Unite to Create a Leading High-Powered Charging Network Across North America

Mercedes-Benz Group AG

The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.

G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers

A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the United States in a challenge to Tesla and a bid to take advantage of Biden administration subsidies.

In challenge to Tesla, major automakers launch EV charging network

General Motors, BMW Group, Mercedes-Benz, Honda, Hyundai, Kia and Stellantis are creating a network of 30,000 DC fast chargers for EVs

GM, Other Big Automakers Form EV Charging Joint Venture

GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S.

Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push

South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales of high-margin sport utility vehicles and increased output following an easing in global semiconductor shortages.

Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations

Hyundai Motor America has bought the Liberty Inn at 500 W. 14th St., Manhattan's most famous cheaters' paradise, for $22.5 million.

NYC's infamous hot-sheet Liberty Inn fetches $22.5M in sale to Hyundai

Hyundai Motor Group opens a Joint Battery Research Center at Seoul National University to secure and advance key battery technologies Successful collaboration towards carbon neutrality and a thriving battery research ecosystem Center constructed with a scale of 901m 2 spanning three floors, comprising seven research labs Collaboration to undertake 22 joint research projects focused on four key divisions, including lithium metal and solid-state batteries Introduction of advanced research infrastructure, such as precision battery analysis equipment, enabling mass-production-oriented research and development Hyundai Motor Group to invest over KRW 30 billion by 2030 to facilitate research at the Joint Battery Research Center Hyundai Motor Group Executive Chair Euisun Chung highlights commitment to "lead the way in propelling the transition to electrification" through joint efforts SEOUL, South Korea , July 25, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) today announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). This collaborative effort between the Group and SNU aims to advance battery technologies and foster industry-academia cooperation to establish global leadership in the battery field.

Hyundai Motor Group and Seoul National University Open Joint Battery Research Center to Secure Global EV Leadership

Hyundai Introduces Mobile Service Center in Washington, D.C. to Drive Further Installations of Free Anti-theft Software Upgrade

FOUNTAIN VALLEY, Calif., July 18, 2023 /PRNewswire/ -- Hyundai Motor America hosted a child safety seat check 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 Safety Seat Check and Pedestrian Safety Event

Joe Rogan, American podcast host and comedian, expressed concern over the development of humanoid robots, particularly Kengoro, which can sweat to cool down. Robots developed by Boston Dynamics, such as Atlas and Spot, have potential applications in military, law enforcement, emergency services, logistics, inspection services, agriculture, healthcare, and domestic services. The integration of artificial intelligence, machine learning, computer vision, natural language processing, decision-making algorithms, Internet of Things, and robotics process automation could enhance the capabilities of these robots, potentially making many human professions obsolete.

Hyundai's AI-Powered Robots Will Redefine The Future

As Hyundai N's first EV, IONIQ 5 N represents a new segment of driver-focused high performance EVs through new technologies and elevated racetrack capability IONIQ 5 N signals the first step in N's electrification strategy with future electric N models to follow IONIQ 5 N elevates the three pillars of N performance — Corner Rascal, Racetrack Capability and Everyday Sportscar — leveraging motorsport-bred technologies and years of electrified 'Rolling Lab' development⋯ Corner Rascal: Body and chassis reinforcements provide higher torsional rigidity and direct steering feel⋯ Racetrack Capability: Up to 478 kW / 650 PS with N Grin Boost engaged, increased endurance⋯ Everyday Sportscar: N e-shift and N Active Sound + deliver feeling and sounds of driving high-performance ICE cars Among IONIQ 5 N's many exclusive performance features are N Battery Preconditioning, N Race, N Pedal, N Brake Regen, N Drift Optimizer, N Torque Distribution, N Launch Control, N Grin Boost, N Active Sound +, N e-shift, N Road Sense and Track SOC CHICHESTER, England and SEOUL, South Korea , July 13, 2023 /PRNewswire/ -- Hyundai Motor Company's IONIQ 5 N made its world premiere today at the Goodwood Festival of Speed. "Hyundai N spearheads the technological leadership of Hyundai Motor Company," said Jaehoon Chang, President and CEO of Hyundai Motor Company.

Hyundai Motor's IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun

Kia said Wednesday it will invest more than $200 million in its assembly plant in the U.S. state of Georgia to begin production of its electric EV9 SUV next year.

Kia to invest $200 million in Georgia plant, build EV9 SUV in 2024

Over $200 million expansion will allow for assembly of the upcoming all-electric EV9 SUV in conjunction with the four models currently assembled at Kia Georgia (Telluride, Sorento, Sportage and K5) IRVINE, Calif. , July 12, 2023 /PRNewswire/ -- Kia Georgia's West Point assembly plant is undergoing a transformation that will allow for the assembly of the all-electric 2024 EV9 three-row SUV in the second quarter of 2024.

Kia Georgia Plans Expansion to Accommodate EV9 Production

Unionised workers at Hyundai Motor Co in South Korea plan to hold a four-hour strike on Wednesday to show solidarity with its umbrella union's general strike, a spokesperson for Hyundai Motor's South Korean union said.

Hyundai Motor union to stage strike in South Korea on Wednesday

Hyundai Motor Co on Monday launched a small sport-utility vehicle (SUV) in India aimed at young car buyers, a move analysts said is an attempt to reclaim share from rivals that have gained ground with new car models.

Hyundai launches small SUV in India to boost share as rivals gain ground

Ford Motor Company

Ford management should be disappointed by a new analysis from CNBC. It shows that, in the U.S., Hyundai-Kia EV sales trailed only Tesla's in the year's first half. Ford fell well behind. So did GM, but by less of a margin.

Hyundai Batters Ford EV Sales

NEW YORK--(BUSINESS WIRE)--Crédit Agricole CIB assisted Hyundai Capital America on preparing its Green Finance Framework and inaugural Green Bond issuance, a $750mm 2-year senior unsecured note as part of a $3bn multi-tranche offering. The transaction is intended to support Hyundai Capital America's zero-emission* vehicle expansion and actively contribute to Hyundai Motor Group's commitment to be carbon neutral across operations by 2045. The Green Bond issuance provides for an amount equal to t.

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