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The Latest Breaking News from Jose Munoz

Hyundai makes desperate plea to soften a critical Trump policy

The South Korean automaker joins other big names in making a contribution it participated in for the first time.

The Street

Toyota Exec: 'We Have Learned From The bZ4X Crisis'

As a rule, I don't count Toyota out in the electric vehicle race—or the race for any future transportation technology. But my rule has its limits. While Toyota had a fantastic year in the U.S. in 2024 on the strengths of its hybrid cars, the cracks are beginning to show…

InsideEVs

Hyundai CEO says Trump and Musk link is good for the auto industry

The Tesla CEO spent millions on Republican candidates during the last election cycle.

The Street

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Nissan's Situation Gets Dire: '12 Or 14 Months To Survive'

As 2024 starts drawing to a close, it's more clear than ever that the business-as-usual era of the traditional auto industry is over.

InsideEVs

Hyundai Has a New CEO

Beginning on January 1, 2025, the Hyundai Motor Company will have a new CEO. Jose Munoz was appointed as the new head of the Korean automaker, succeeding current President and CEO Jaehoon Chang. Chang will be promoted to the Vice Chair of Hyundai Motor Group's automotive division.

Motor1

EV Stocks Plunge As Trump Plans To Kill Incentives

The news of the potential death of the consumer credits for electric vehicle sales is sending shockwaves across the U.S. auto industry. Share prices of EV makers, including Tesla, are plummeting, incumbent federal officials are ringing alarm bells and automakers are bracing for the incoming Trump administration with leadership changes…

InsideEVs

Lawsuit alleges Hyundai pressured dealers to play dirty sales tricks

Dealers accused the company of unfairly treating those not "in" on this scheme.

The Street

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Hyundai CEO discusses alarming electric vehicle trend

The legacy automaker just made a huge new announcement with a Big Tech giant.

The Street

Hyundai is rapidly building its first US electric vehicle plant, with production on track for 2025

Construction of Hyundai's first U.S. plant dedicated to making electric vehicles is moving quickly

The Independent UK

Hyundai Speeds Up Construction Of US EV Plant To Get IRA Incentives

The company decided "to double down" and is looking to open the plant three months ahead of the initial January 2025 target, said Hyundai global COO Jose Munoz.

InsideEVs

Hyundai rushing to open Georgia plant because of law rewarding domestic electric vehicle production

Hyundai is rushing to start electric vehicle and battery production at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production

The Independent UK

Republicans in the US ‘battery belt’ embrace Biden’s climate spending

Southern states led by Republicans did not vote for climate spending, but now embrace clean energy dollars like never before

The Guardian - US

Child workers found throughout Hyundai-Kia supply chain in Alabama

A Reuters investigation finds children worked for at least four Alabama parts suppliers to Hyundai and Kia in recent years, with staffing agencies placing migrant minors in plants where regulations ban kids from working.

ABC News

Hyundai factory groundbreaking highlights EV promise and challenges

SAVANNAH, Ga. – Inside the glitzy Enmarket Arena, VIPs and residents crowded around shimmering Hyundai, Kia and Genesis electric vehicles and concept cars in a scene reminiscent of an international auto show.

Tribune News Service

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InsideEVs

Hyundai Motor Group Breaks Ground On Metaplant America In Georgia

Hyundai Motor Group officially broke ground on Hyundai Motor Group Metaplant America new manufacturing plant at the Bryan County Mega site in Georgia.

Tribune News Service

Hyundai presses US government for flexibility with EV tax credits

SAVANNAH, Georgia ― Korean and Hyundai Motor Group officials on Tuesday celebrated the groundbreaking for a $5.54 billion Georgia electric vehicle factory — and used the occasion to urge Washington to restore tax credits for plug-in vehicles that Hyundai currently makes in Korea until it can start production in the…

Tribune News Service

Hyundai breaks ground on massive Georgia EV plant

SAVANNAH, Georgia ― Hyundai Motor Group held a ceremonial groundbreaking Tuesday near Savannah for its $5.54 billion electric vehicle “Metaplant,” its biggest investment outside South Korea, a future-defining wager in electrification and the largest economic development project in Georgia history.

Motor1

Hyundai Looking Into Alleged Child Labor From US Suppliers: Report

Two Alabama-based Hyundai suppliers are currently under investigation for using underage workers.

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