Hyundai denies talks to sell stake in Rotem to Siemens
Hyundai Motor Co. said on Wednesday that it is not seeking to sell a stake in Hyundai Rotem Co., in response to reports that the South Korean carmak...
Hyundai debuts First Genesis EV sedan at Shanghai Auto Show
Hyundai Motor Co. on Monday unveiled an electric version of its premium brand Genesis at the opening of Auto Shanghai 2021 as the top South Korean c...
Hyundai Motor Group forms TaaS division to be led by 42dot CEO
Hyundai Motor Group has created a new Transportation-as-a-Service (TaaS) division that will oversee the mobility businesses of Hyundai Motor Co. and...
Hyundai Motor, SK Innovation join forces on hybrid car battery development
South Korea-based automakers Hyundai Motor Co., KIA Corp. and electric vehicle battery maker SK Innovation Co. have joined forces to jointly develop...
Hyundai Engineering seeks Q3 IPO; seen as precursor to group revamp
Hyundai Engineering Co., an unlisted construction affiliate of the Hyundai Motor Group, is seeking an initial public offering on the Korean bourse, ...
Samsung SDI to supply cylindrical cells to Hyundai, Kia
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is developing cylindrical lithium-ion batteries for Hyundai Motor C...
Hyundai Heavy wins $202 mn shipbuilding order
Hyundai Heavy Industries Group has won an order worth 227 billion won ($202 million) to build three liquefied petroleum gas (LPG) carriers, said its...
Hyundai Oilbank, Air Products sign MOU to make hydrogen
Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...
Hyundai likely to briefly halt 2nd plant; Grandeur sedan affected
Hyundai Motor Co. will likely suspend a second plant due to a component supply disruption as a global shortage of automotive chips is putting the to...
Hyundai Motor sets recovery plan for commercial vehicles
Hyundai Motor Co. has devised ambitious plans for this year to rescue its declining commercial vehicle segment. The company will undergo organizatio...
Hyundai Motor to launch Genesis in China, posts record US sales
Hyundai Motor Co. and sister firm Kia Corp. posted their best-ever March and first-quarter sales in the US, where the South Korean companies are wor...
Hyundai Mobis expands mobility business, reveals concept cars
South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...
Snowballing losses cloud Hyundai Heavy’s 2021 IPO plans
South Korean shipbuilder Hyundai Heavy Industries Co. saw its net losses snowball in 2020, clouding its initial public offering plans for this year....
Hyundai Motor to halt plant for a week; Kona, IONIQ 5 affected
South Korea’s top automaker Hyundai Motor Co. will halt its main plant in Ulsan for a week due to a component supply disruption, the latest si...
KIC, Hyundai Heavy to co-invest $900 mn in growth firms
The sovereign wealth fund Korea Investment Corporation (KIC) will make co-investments worth up to 1 trillion won ($900 million) alongside the Hyunda...
Hyundai to build ultra-fast EV charging infrastructure under E-pit brand
Hyundai Motor Group has unveiled a plan to build high-speed electric car charging infrastructure across the country as the South Korean auto giant s...
Hyundai, Woowa Brothers tie up to develop last-mile delivery robot
Hyundai Motor Group and Woowa Brothers Corp., the country’s top food delivery app operator, have agreed to jointly develop delivery robots cap...
Hyundai Motor invests in Clearpath Robotics in push for future mobility
Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comp...
Hyundai Motor chair says to upgrade incentive, promotion systems
The Hyundai Motor Group will upgrade its performance-based incentive and promotion systems to the global levels to compensate its top performers and...
Hyundai Heavy adds $724 mn order, reaching 29.5% of 2021 target
Hyundai Heavy Industries Group has won new orders worth 823 billion won ($724 million) to build a total of 10 vessels for four global clients in Afr...
Hyundai Motor offers first peek at Staria minivan
Hyundai Motor Co. on Mar. 11 unveiled teaser images of its Staria minivan, part of the company’s new multi-purpose vehicle (MPV) lineup. This ...
Hyundai, Kia set to change gear to revive China sales
Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market in 2002. Their Chines...
Hyundai Motor to introduce batch production system at local plant
South Korea’s Hyundai Motor Co. is considering introducing a new factory idea for its major local plant aimed at better responding to rising m...
Hyundai, LG Energy agree to split EV recall costs, reflect in Q4 results
Hyundai Motor Co. and LG Energy Solution Ltd. have agreed on how to split the costs of replacing the electric vehicle batteries made by the LG Group...
Hyundai Glovis, Changjiu team up to boost China-Europe rail transport
South Korea-based Hyundai Glovis Co. has teamed up with China’s largest automotive logistics firm, Changjiu Group, to foster rail transport op...
Hyundai Heavy, Aramco form global hydrogen partnership
South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...
Hyundai, SK in hydrogen tie-up as part of $38 bn industry cooperation
South Korea’s auto giant Hyundai Motor Group and energy conglomerate SK Group have agreed to tie up in hydrogen-related projects as part of an...
Hyundai Heavy hires Korea Investment, 4 others as IPO managers
South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...
Hyundai Motor to ramp up fuel cell car production
South Korea-based Hyundai Motor Co. has decided to produce around 17,000 units of its hydrogen fuel cell electric vehicle (FCEV) this year, thrice t...
Hyundai Motor's IONIQ 5 pulls in record pre-orders
Hyundai Motor Co.'s latest all-electric vehicle is making headlines in Europe, with over 10,000 users signing up for the 3,000 units of the limited ...
