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.

South Korean car giant Hyundai Motor  has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the coronavirus spreads, its strategy could be backfiring.

Hyundai bet big on China. Now coronavirus is twisting its supply chain

Even when the cars are not running, a short circuit could cause a fire in the engine compartment.

Hyundai recalls 430,000 Elantra models for suddenly catching fire

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies.

Hyundai taps EV startup Canoo to develop electric vehicles

Korean automaker Hyundai Motor Co broadened its future transportation portfolio with an agreement to jointly develop electric vehicles with California startup Canoo, the companies said on Tuesday.

Hyundai signs development deal with another electric vehicle startup

South Korea's auto giant enlisted the Los Angeles startup to help create for a range of lower-cost electric cars and trucks.

Hyundai Adds Electric Vehicle ‘Skateboard’ Project With L.A. Startup Canoo To Its $87 Billion Mobility Push

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Several automakers are reopening or preparing to restart factories in China on Monday after an extended holiday shutdown due to the coronavirus, which is now responsible for more than 900 deaths in the country.

Automakers resume or prepare to restart car production in China amid coronavirus outbreak

Hyundai Motor  and affiliate Kia Motors  plan to restart production at their Chinese factories on Feb. 17, a spokesperson said on Friday.

Hyundai Motor, Kia Motors to keep Chinese factories idled until February 16

The ongoing Coronavirus outbreak in China is playing havoc with automotive production and the worst may be yet to come.

Coronavirus Taking Its Toll On Auto Industry And May Get Worse

South Korea's Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.

Exclusive: Kia in talks over moving $1.1 billion plant to another Indian state - sources

Hyundai Motor  will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.

Hyundai to halt South Korea output as China virus disrupts parts supply

South Korea is reaping one clear dividend from the coronavirus: North Korea is putting off plans for tearing down the elaborate hotel and other facilities built by Hyundai companies at a cost of about $2 billion at the foot of Mount Geumgang more than 20 years ago.

Coronavirus Concerns Prevent North Korea From Tearing Down Shuttered Mt. Geumkang Complex Built By Hyundai For $2 Billion

Elliott Management Corporation sold all its shares in Hyundai Motor Group (OTC: HYMTF) companies last year, following its failed attempts to boost dividends and gain board seats at the South Korean family-run conglomerate.

Elliott Management Disposes Entire Stake In Hyundai Motor

Hyundai Is A Turnaround Story - A Potential First-Tier Global Automaker

Elliott Management sold all its shares in Hyundai Motor Group companies last year, a South Korean newspaper reported on Wednesday, after the U.S. activist hedge fund's campaign demanding 7 trillion won ($6 billion) in dividends and board seats was thwarted in March.

Activist hedge fund Elliott sells stakes in Hyundai Motor companies: paper

South Korea's Hyundai Motor Co  swung to a fourth-quarter profit from a loss a year earlier, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade models.

Hyundai Motor returns to profit in fourth-quarter as SUV sales boost margins

Forget the consumer market for electric vehicles. It turns out delivery vehicles could be the ‘Trojan horse’ for electric to really take off.

Hyundai and Kia put over $110M into UK electric delivery vehicles startup Arrival

Hyundai and Kia are to push 100 million euros into EV firm Arrival.

JP Morgan values UK electric car start-up at $3.3 billion after Hyundai & Kia invest

Korean auto giants Hyundai and Kia have invested over $110 million in Arrival, making the electric vehicle company one of Britain's most valuable startups.

Hyundai and Kia just made an electric vehicle maker one of the UK's most valuable startups

Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday.

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Arrival is focused on building a "Generation Two" EV from the get-go.

Hyundai, Kia Invest 100 Million Euros In Arrival EV Start Up

South Korea's Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque's expansion in overseas markets.

Hyundai unveils first Genesis SUV in renewed overseas premium push

The CES technology conference in Las Vegas has growingly become a place for automakers, suppliers and tech companies to showcase their newest technologies and automotive chops.

Mercedes-Benz's 'living' car, Hyundai's flying taxi among top auto debuts at CES

Uber

Uber and Hyundai unveiled a flying taxi that may eventually transform your ridesharing trips.

Uber and Hyundai team up to put flying taxis in the sky

CES 2020 is a crazy ride already, but now there's an Uber (UBER) flying taxi being shown off that may come out as early as 2023.
The post CES 2020: Hyundai, Uber Unveil Flying Taxi Prototype appeared first on InvestorPlace.

CES 2020: Hyundai, Uber Unveil Flying Taxi Prototype

A model presented at the Consumer Electronics Show is said to hold the promise of aerial ride sharing at 180 miles an hour.

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