The Latest Breaking News from Hyundai Motor

Hyundai Motor Group and SK On officially announced approval of the EV battery cell joint venture factory, which will be built in the United States.

Last month, the combined wholesale shipments (closely related to production) of Hyundai and Genesis plug-in cars amounted to *34,125 (up 110% year-over-year).

The second mass strike by unionised truckers in South Korea in less than six months on Thursday has the potential to cripple supply chains in an export-driven economy which is the world's 10th-largest.

Unionised truckers in South Korea kicked off their second major strike in less than six months on Thursday, threatening to disrupt manufacturing and fuel supplies for industries from autos to petrochemicals in the world's 10th-largest economy.

Last month, the combined wholesale shipments (closely related to production) of Hyundai and Genesis plug-in cars amounted to *24,050 (up 25% year-over-year).

Hyundai Motor Group’s plans to break ground on a new electric vehicle factory near the Georgia coast have been complicated by a sprawling climate law signed last month by President Joe Biden, which was intended, in part, to spur more domestic production of EVs.

The climate bill signed by President Biden has shuffled priorities for electric vehicle makers.

Hyundai Motor Co said on Tuesday it would build a dedicated electric vehicle (EV) factory in South Korea that will become its first automobile plant to open in the country in almost three decades. Production is due to begin by 2025, the company's union said in a statement, relaying a…

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…