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Latest Articles in hyundai motor

Hyundai Motor To Launch Dedicated EV Platform In Major Push Into Electric Cars

Hyundai expects its dedicated Electric Global Modular Platform (E-GMP) will allow it to use its own battery module technology across various EV models and cut the number of components by 60%.

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Hyundai Reports 2 % Decline In Total Sales In November At 59,200 Units

The automaker would continue its efforts towards driving customer delight through innovative solutions thereby positively contributing towards the sustained growth of the domestic industry and economy

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Hyundai, Kia Agree To $210 Million US Auto Safety Civil Penalty

Hyundai agreed to a total civil penalty of $140 million, including an upfront payment of $54 million, an obligation to spend $40 million on safety performance measures, and an additional $46 million deferred penalty if it does not meet requirements.

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Hyundai Looks Ahead To New Suvs In 2021 - And Urban Air Taxis By 2028

Hyundai hopes to tap that interest next year with the all-new Santa Cruz, a compact utility vehicle with a pickup bed, and the Ioniq 5 crossover, the first in a series of new all-electric models.

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Chip Maker NVIDIA Signs In-Car Entertainment System Deal With Hyundai Motor

NVIDIA declined to say how many vehicles NVIDIA DRIVE would be installed in, but said it is a large number and pointed to the fact that in 2019 Hyundai Motor Group shipped over 7 million vehicles.

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India's Largest Carmakers Report Increase In Monthly Sales

India's second-largest carmaker Hyundai said that it recorded its highest-ever domestic sales last month, selling 56,605 vehicles.

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Hyundai Motor Swings To Net Loss In Third Quarter As Costs Of Engine Issues Weigh

Another $3 billion of provisions related to engine issues brought their total hit from a series of years-long quality problems to nearly $5 billion.

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Hyundai Motor, Kia Motors Flag $2.9 Billion Earnings Hit From Quality Costs

Hyundai Motor said a cost of 2.1 trillion won will be reflected in its earnings, while Kia Motors flagged an earnings hit of 1.26 trillion won.

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Hyundai Begins Building Electric Vehicle Hub In Singapore

Singapore is one of the world's most expensive places to buy a car and does not currently have any auto manufacturing capacity.

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Hyundai To Expand Kona EV Recall To North America, Europe Over Battery Fire Risk

Hyundai will recall 37,366 vehicles and 11,137 vehicles in Europe and North America, respectively, according to Yonhap.

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Hyundai In Talks With EU On Concessions Over Daewoo Deal

The European Commission opened a full-scale investigation into the deal last December, on concerns that the takeover could inflate prices and reduce competition in the market for cargo shipbuilding.

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Hyundai Rolls Out Premium Assurance Programme For Tucson, Elantra

The company has tied up with 21 brands across lifestyle, travel, education, car accessories, among others to offer various benefits to its new car buyers.

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Automakers In India Should Cut Royalty Payments To Foreign Parent Firms

Maruti Suzuki paid 38.2 billion Indian rupees ($518.5 million) in royalties to its Japanese parent Suzuki Motor in the fiscal year ending March 31, 2020

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Hyundai Motor Shares Rise As Much As 10% On Ioniq EV Plan

Hyundai shares reached as much as to 162,000 won ($136.47) in a broader KOSPI market that was up 0.4% at 0122 GMT.

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Russian Regulator Backs Hyundai Purchase Of GM Plant In St Petersburg

The two carmakers sold more than 400,000 vehicles in Russia last year, more than Russian auto giant Avtovaz.

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