Hyundai Motor
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Forecast of Q3 profit missed by Hyundai Motor
Oct 25, 2024Hyundai Motor Co warned on Thursday of slowing demand and intensifying competition, but stuck to its 2024 earnings target after reporting a 7% fall in third-quarter operating profit, sending its shares down more than 5%. “The... -
Hyundai Motor targets annual global sales of 5.55 million vehicles by 2030
Aug 29, 2024Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric... -
South Korea’s Hyundai Motor to build electric vehicle plant in homeland
Nov 14, 2023The largest carmaker in South Korea, Hyundai Motor, announced on Monday that it would construct an EV manufacturing facility in its native country with the goal of beginning mass production of EVs in 2026. In Ulsan,... -
Hyundai Motor launched its first electric sedan, Ioniq 6
Jul 14, 2022Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is betting will help it grab a bigger share of the electric vehicle (EV) market dominated by Tesla Inc... -
Bosnia’s rock band Dubioza Kolektiv recruits a humanoid robot called Robby Megabyte as musician
Feb 7, 2021Bosnia’s most popular rock band, Dubioza Kolektiv, has a new recruit who sings and plays musical instruments – a humanoid robot called Robby Megabyte. Students from Sarajevo University’s electrical engineering school agreed to build Robby after... -
Hyundai Motor Group to introduce an electric vehicle-only platform early next year
Dec 2, 2020South Korea’s Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs. The plan underscores efforts by... -
Hyundai Motor is cautious about developing autonomous vehicles after Uber accident
Mar 20, 2018Yoon Sung-hoon, a director at Hyundai Motor, said safety concerns are a big factor in the development of autonomous cars, and as a result, the South Korean automaker is “cautious about mass producing self-driving cars. Hyundai... -
Head of Hyundai China replaced
Sep 4, 2017News Hour: South Korea’s Hyundai Motor said on Monday it had replaced the head of its China operations – an appointment that comes on the heels of a supply disruption and as it struggles to deal... -
Hyundai plans to launch pickup, more SUVs to reverse U.S. sales slide
Aug 22, 2017News Hour: Hyundai Motor plans to launch a pickup truck in the United States as part of a broader plan to catch up with a shift away from sedans in one of the Korean automaker’s most... -
Hyundai Motor suspended production at one of its Chinese factories for a week
Mar 27, 2017News Hour: South Korea’s Hyundai Motor on Monday said it had suspended production at one of its Chinese factories for a week, fuelling concern that a diplomatic standoff may be hurting sales in the automaker’s top...
