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.

Hyundai Motor and Hyundai Electric agree to develop and commercialize mobile power generator package based on the leading fuel cell system for vehicles Hyundai Motor to supply the fuel cell system (PMEFC) and provide technical support while Hyundai Electric will develop and commercialize mobile power generator package Hyundai Motor continues to expand use of hydrogen fuel cell technology to help reduce carbon emissions and establish a sustainable hydrogen society SEOUL, South Korea, July 28, 2021 /PRNewswire/ -- Hyundai Motor Company today announced that it has signed a Memorandum of Understanding (MOU) with Hyundai Electric & Energy Systems Co. (Hyundai Electric), a leading electrical equipment manufacturer and energy solution provider, to develop a hydrogen fuel cell package for mobile power generation. The MOU signing took place via online, attended by Saehoon Kim, Head of Hyundai Motor Group Fuel Cell Center, and Seok Cho, President and CEO of Hyundai Electric.

Hyundai Motor and Hyundai Electric Sign MOU to Develop Hydrogen Fuel Cell Package for Power Generation

South Korea's Hyundai Motor Group and LG Energy Solution said on Thursday they would set up a joint venture (JV) in Indonesia to establish a battery cell plant for electric vehicles (EV), investing $1.1 billion with each owning half the business.

Hyundai Motor, LG's battery unit to invest $1 billion in EV partnership

FOUNTAIN VALLEY, Calif., July 27, 2021 /PRNewswire/ -- The Hyundai Palisade has been recognized as Best-in-Class Midsize Crossover for its design, utility and user-friendly features by the New England Motor Press Association (NEMPA).

2021 Hyundai Palisade Named Best-in-Class Midsize Crossover by the New England Motor Press Association (NEMPA)

FOUNTAIN VALLEY, Calif. and SEOUL, South Korea, July 26, 2021 /PRNewswire/ -- Hyundai Motor Company today announced its plan to deploy the company's latest hydrogen fuel cell electric heavy-duty trucks in California, for two publicly funded projects to improve the air quality in the region.

Hyundai's XCIENT Fuel Cell Hitting the Road in California

Honorary Chairman Chung becomes the first Korean to receive the accolade, industry's top honor Chung recognized for being driving force behind the Group's success, and a steadfast champion of the auto industry and the Korean economy Dedication to vehicle quality, global expansion of R&D and manufacturing network have been key to Chung's approach Hyundai Motor Group continues to pursue progress for humanity DETROIT and SEOUL, South Korea, July 23, 2021 /PRNewswire/ -- Hyundai Motor Group Honorary Chairman, Mong-Koo Chung, has been officially inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony. The industry's top honor was presented to the class of 2020 at a celebration held at the ICON Convention Center in Detroit on July 22.

Hyundai Motor Group Honorary Chairman Mong-Koo Chung Inducted Into Automotive Hall of Fame at Official Ceremony

South Korea's Hyundai Motor Co reported a more than seven-fold rise in quarterly profit on Thursday, helped by solid demand for high-margin sports-utility vehicles and its premium Genesis cars.

Hyundai Motor second-quarter net profit soars, beats estimates

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South Korea's Hyundai Motor Co has invested about $100 million to buy a stake in a lithium metal battery startup, Yonhap news agency reported on Sunday, citing industry sources.

Hyundai Motor to invest $100 million in battery startup SolidEnergy Systems - Yonhap

FOUNTAIN VALLEY, Calif., July 1, 2021 /PRNewswire/ -- Hyundai Motor America reported total June sales of 72,465 units, a 45% increase compared with June 2020.

Hyundai Motor America Reports All-Time June and Q2 2021 Sales

With more than 3 million people, Puerto Rico constitutes 0.65% of the overall U.S. new car market. Sales were down 11% in 2020, compared to 14% for the U.S. overall. The dominant brand in Puerto Rico is Toyota, which was down 13% and lost 0.7% market share.

Hyundai Gains Most 2020 Automotive Market Share In Puerto Rico

Michael Cole says urban air mobility could free up congestion and help with emissions in cities

Flying cars will be a reality by 2030, says Hyundai's Europe chief

SEOUL, South Korea, June 25, 2021 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) announced on June 24 that the company had developed the world's first 'Clusterless HUD,' which integrates the functions of the cluster and the HUD (Heads-Up Display). Entering the era of full-scale electric vehicles, the utilization of the interior space of the vehicle has become ever more important.

Hyundai Mobis Develops the World's First 'Clusterless HUD'

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Before you know it, autonomous cars are going to be everywhere. Let's dig in and discuss what investors need to know.

The Big-Time Breakthrough of Autonomous Cars Is Closer Than You Think

The Urban Air Mobility Division of Hyundai Motor Company GDR (OTC: HYMTF) formed a new partnership with ANRA Technologies, a cloud-based drone operational platform developer. Both the companies will begin developing the operating environment for the advanced air mobility (AAM) industry.

Hyundai Motor Partners With ANRA Technologies

Hyundai this morning announced that it has completed its acquisition of Boston Dynamics. The deal, which values the innovative robotics company at $1.1 billion, was announced in late-2020.

Hyundai completes deal for controlling interest in Boston Dynamics

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SoftBank Group Corp said on Monday South Korea's Hyundai Motor Group had completed the acquisition of robotics firm Boston Dynamics from the Japanese conglomerate.

Hyundai completes Boston Dynamics purchase from SoftBank

BOSTON, SEOUL, South Korea and TOKYO , June 21, 2021  /PRNewswire/ -- Hyundai Motor Group (the Group), Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), today announced the completion of the Group's acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion.

Hyundai Motor Group Completes Acquisition of Boston Dynamics from SoftBank

Developing the 'lighting grille,' which makes use of LED lighting …displaying the status such as autonomous driving, EV charging and welcoming the driver Also developing a 'moving grille', which controls the inflow of the outside air and provides the lighting effect as well Reinforcing efforts to improve driving efficiency in the age of electric vehicles and autonomous vehicles and preempt various new technologies for improving emotional quality SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) announced on 17th that the company had developed 'lighting grille' technology, which implements an LED lighting function in the front grille of the car. This helps determines the first impression, and also integrate the other new 'grille integral active air flap' technology.

Hyundai Mobis developed new 'lighting and moving grille'

SEOUL, South Korea, June 16, 2021 /PRNewswire/ -- Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group's strategies for future mobility and the direction of technological development. Chairman Chung has met executives and engineers of Motional Inc., the Group's autonomous driving joint venture (JV), in Boston, Mass.

Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies

FOUNTAIN VALLEY, Calif., June 16, 2021 /PRNewswire/ -- Hyundai and Marvel Studios have come together to launch the next big phase of Hyundai's "Question Everything" marketing blitz.

Hyundai Joins Forces with Marvel Studios in Campaign for the All-New 2022 Tucson

Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.

Hyundai Motor Group chases local chipmakers to cut exposure to shortage

Hyundai Motor Co has accelerated efforts around developing "flying cars" and will offer services around those vehicles rather than just selling them, the South Korean automaker's chief operating officer told Reuters.

Hyundai accelerates 'flying car' efforts, offer services around vehicles - COO

FOUNTAIN VALLEY, Calif., June 9, 2021 /PRNewswire/ -- Four Hyundai vehicles were featured in Good Housekeeping's Best New Family Cars for 2021.

Hyundai Most Prominent Manufacturer in Good Housekeeping's Best New Family Cars for 2021

FOUNTAIN VALLEY, Calif., June 4, 2021 /PRNewswire/ -- Hyundai Motor Americas Region has appointed Carlos Servin as the Chief Cost Optimization Officer.

Hyundai Motor Americas Region Names Carlos Servin Chief Cost Optimization Officer

FOUNTAIN VALLEY, Calif., June 2, 2021 /PRNewswire/ -- Hyundai Motor America reported total May sales of 90,017 units, a 56% increase compared with May 2020.

News for Hyundai Motor Company Stock (HYMTF)