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The Latest Breaking News from Hyundai Motor Co

Reuters wins George Polk Award for uncovering child labor in Hyundai supply chain

A team of Reuters reporters on Monday won a George Polk Award for reports that revealed the widespread use of child labor among suppliers to Hyundai Motor Co in the U.S. state of Alabama.

Hyundai unveils sedan version of cult EV

Hyundai unveils sedan version of cult EV

SEOUL: Hyundai Motor Co unveiled a sedan version of its cult electric vehicle yesterday, with an interior that can beam different colours depending on the speed of the car, as the automaker continues its ambitious EV push with an eye on challenging rivals such as Tesla Inc and General Motors…

Hyundai, Affiliates Plan To Set Up New Company In US: Reuters

Hyundai, Affiliates Plan To Set Up New Company In US: Reuters

Hyundai Motor Co (OTC:HYMTF) is planning to launch a company along with its two affiliates in the U.S., Reuters reported. Through the move, the company plans to strengthen its presence in the U.S. by exploring business opportunities. In May, Hyundai said it would invest more than $10 billion in the U.S. by…

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Sorry, Elon Musk: Hyundai is quietly dominating the EV race

Pipe down for a second Elon, the hottest things in the auto industry — the most electric electrics — now come from Hyundai Motor Co.

Hyundai Reveals 2023 Palisade Pricing

Hyundai Motor Co (OTC:HYMTF) has released pricing for the new 2023 Palisade SUV, including its new XRT model. The 2023 Palisade has an upscale interior, advanced technologies, new convenience features, and safety content. Palisade will also offer a new, dark-themed, rugged XRT model to complement the existing Santa Fe and Tucson XRT models…

Read How Hyundai Motor America Performed In May

Hyundai Motor Co's (OTC:HYMTF) Hyundai Motor America reported sales of 59,432 units for the month of May, a 34% decrease year-over-year. The automaker had no fleet sales in May 2022. The company has sold 280,776 units year-to-date, a 16% decline Y/Y. Randy Parker, SVP, national sales, Hyundai Motor America, said, "We expect demand…

Hyundai To Recall 281,000 Vehicles Over Exploding Seat-Belt Part: Reuters

Hyundai Motor Co (OTC:HYMTF) will recall 281,000 vehicles in North America over fears of seat-belt pretensioners exploding, Reuters reported. The report noted that there were three injury reports caused by the explosion of seat-belt pretensioners, projecting the metal fragments. The recall will include some 2019-2022 Accent, 2021-2023 Elantra, and 2021-2022 Elantra hybrid vehicles. …

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Hyundai Motors Into NFTs

Hyundai Motors Into NFTs

The Korean automaker is collaborating with Meta Kongz on non-fungible token projects.

Hyundai To Start EV Production In US: Reuters

Hyundai To Start EV Production In US: Reuters

Hyundai Motor Co (OTC:HYMTF) plans to start electric vehicles production in its Montgomery assembly line in the U.S., Reuters reported. The auto major will invest $300 million to build the Electrified Genesis GV 70 and a hybrid version of the Santa Fe at its U.S. manufacturing center. The report noted this marks the…

Worksport To Produce Working Models For Upcoming Hyundai Vehicle

Worksport To Produce Working Models For Upcoming Hyundai Vehicle

Worksport Ltd (NASDAQ:WKSP) has recently signed a letter of understanding with Hyundai America Technical Center Inc (HATCI) to produce prototypes of the Worksport SOLIS and a modified version of the COR energy storage system. HATCI, a division of Hyundai Motor Co (OTC:HYMTF), has provided Worksport 3D Data specifically for the Hyundai Santa Cruz's bed geometry. The working…

Hyundai Motor America Registers 1.4% Retail Sales Growth In Q1

Hyundai Motor America Registers 1.4% Retail Sales Growth In Q1

Hyundai Motor Co's (OTC:HYMTF) Hyundai Motor America reported a 1.4% increase year-over-year in Q1 FY22 retail sales. Total Q1 sales declined 4%. The company reported Q1 retail sales of 159,676 units versus 157,470 units last year. Electrified vehicle retail sales increased 241% Y/Y. Hyundai's March 2022 sales fell 21% Y/Y to 59,380 units.…

Hyundai Motor America Posts 10% Jump In January Sales

Hyundai Motor America Posts 10% Jump In January Sales

Hyundai Motor Co (OTC:HYMTF) said its U.S. sales for January increased 10% year-on-year to 47,872 units. Sales of Hyundai Tucson and Venue jumped 64% and 70% respectively to 13,085 units and 2,290 units. "High levels of consumer interest across our product lineup resulted in record-breaking January sales even as we continue to navigate…

IonQ, Hyundai Motor Join Forces To Create Better Quality Batteries

IonQ, Hyundai Motor Join Forces To Create Better Quality Batteries

IonQ Inc (NYSE:IONQ) collaborated with Hyundai Motor Co (OTC:HYMTF) to use quantum computers to develop efficient batteries. The partnership pairs IonQ’s expertise in quantum computing and Hyundai’s expertise in lithium batteries. Together, the teams are creating the most advanced battery chemistry model. “This creative collaboration with IonQ is expected to provide innovation in the…

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