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Hyundai Motor vows $7.7 billion investment after record 2021 revenue

Hyundai Motor vows $7.7 billion investment after record 2021 revenue

Hyundai Motor Co. said on Tuesday it will spend a record 9.2 trillion won ($7.7 billion) this year to ramp up facilities for electric cars and other...

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...

Hyundai Samho Heavy says no delay to 2022 IPO

Hyundai Samho Heavy says no delay to 2022 IPO

South Korea's Hyundai Samho Heavy Industries Co. this week reaffirmed its plan to go public by the end of this year, as agreed with its pre-IPO inve...

Hyundai to offer auto finance in France to boost Europe vehicle sales

Hyundai to offer auto finance in France to boost Europe vehicle sales

Hyundai Capital Services Inc., a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a unit of Societe Generale Group, have launc...

Hyundai Engineering’s new business keywords: Hydrogen, mini reactors

Hyundai Engineering’s new business keywords: Hydrogen, mini reactors

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, is reorganizing its business struct...

Collapsed merger’s silver lining: More cash for Hyundai Heavy

Collapsed merger’s silver lining: More cash for Hyundai Heavy

The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...

Hyundai Heavy, DSME merger falls through on EU veto

Hyundai Heavy, DSME merger falls through on EU veto

The European Commission on Thursday vetoed the combination of the world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shi...

Hyundai Motor aims to triple Genesis G90 sales by 2023

Hyundai Motor aims to triple Genesis G90 sales by 2023

Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launching the flagship luxu...

Motional to begin robotaxi dispatch next year

Motional to begin robotaxi dispatch next year

US-based autonomous vehicle company Motional Inc. announced its plans for the commercialization of driverless cars based on the all-electric Hyundai...

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

Hyundai E&C to inject $343 mn in Hilton Seoul redevelopment

Hyundai E&C to inject $343 mn in Hilton Seoul redevelopment

  Hyundai Engineering & Construction Co. (Hyundai E&C), a construction giant under Hyundai Motor Company, will invest 409.9 billion wo...

Hyundai Heavy uneasy ahead of EU decision despite $2.5 bn orders

Hyundai Heavy uneasy ahead of EU decision despite $2.5 bn orders

South Korea’s Hyundai Heavy Industries Group grew more concerned ahead of the European Union’s decision on the combination of the world&...

Hyundai to sell half of cars in US with eco-friendly models by 2030

Hyundai to sell half of cars in US with eco-friendly models by 2030

Hyundai Motor Co., South Korea’s top automaker, aims to sell half of the cars in the US with eco-friendly models by 2030, increasing sales of ...

Hyundai Motor to set up metaverse factory with Unity

Hyundai Motor to set up metaverse factory with Unity

Hyundai Motor Co., South Korea’s top automaker, is set to establish a digital virtual factory in a metaverse space with Unity, a US-based real...

Carlyle buys $510 mn stake in Hyundai Glovis

Carlyle buys $510 mn stake in Hyundai Glovis

US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...

Hyundai Motor beats Honda in US for the first time in its 35 years there

Hyundai Motor beats Honda in US for the first time in its 35 years there

South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...

Hyundai looks beyond cars to link real, virtual worlds in metamobility

Hyundai looks beyond cars to link real, virtual worlds in metamobility

LAS VEGAS – Hyundai Motor Co. has unveiled its grand ambitions to pioneer the use of robotics in both the real world and the virtual sphere, c...

Hyundai Heavy partners with Palantir for big data platform

Hyundai Heavy partners with Palantir for big data platform

South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...

Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

Convergence, metaverse, green: Korea Inc.’s themes at CES 2022

South Korea’s major companies are showcasing robots, mobility and the metaverse rather than cutting-edge models of their conventional products...

Hyundai’s Chung charts vision as top-tier eco-friendly auto brand

Hyundai’s Chung charts vision as top-tier eco-friendly auto brand

South Korea’s top automaker Hyundai Motor Group on Monday set out its vision to be a top-tier eco-friendly auto brand with its focus on electr...

Korea to join Egypt’s 1st nuclear power plant project

Korea to join Egypt’s 1st nuclear power plant project

South Korea is set to participate in Egypt’s first nuclear power plant project built by Russia as a state-run Korea Hydro & Nuclear Power ...

Korea 2021 steel output set to top 70 mn tons on supercycle

Korea 2021 steel output set to top 70 mn tons on supercycle

South Korea’s steel output last year was estimated to have topped 70 million tons as the industry enjoyed a steel supercycle for the first tim...

Hyundai to launch Level 3 self-driving Genesis G90 in H2

Hyundai to launch Level 3 self-driving Genesis G90 in H2

Hyundai Motor Co., South Korea’s top automaker, aims to roll out mass-produced hands-free Level 3 self-driving cars, starting with the flagshi...

Hyundai Motor unveils world’s first hydrogen garbage truck

Hyundai Motor unveils world’s first hydrogen garbage truck

Hyundai Motor Group revealed a clip of the world’s first hydrogen-powered garbage truck Thursday. The video titled “Dear My Hero” ...

Hyundai Heavy’s heir apparent to unveil future vision at CES 2022

Hyundai Heavy’s heir apparent to unveil future vision at CES 2022

Hyundai Heavy Industries Group’s heir apparent will introduce the future vision of the world’s largest shipbuilder at an upcoming US tra...

Hyundai Glovis opens firm in Chengdu for logistics to Europe

Hyundai Glovis opens firm in Chengdu for logistics to Europe

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has founded an affiliate in Chengdu, the largest trade city in western China, for rai...

Hyundai Oilbank to sell fuels to Hawaii in first term deal with US

Hyundai Oilbank to sell fuels to Hawaii in first term deal with US

South Korean refiner Hyundai Oilbank Co. is set to export gasoline and diesel to Hawaii next year through its first term contract to sell petroleum ...

Hyundai revs up shares in Korean EV parts makers

Hyundai revs up shares in Korean EV parts makers

South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...

Hyundai Investments buys office building in Brussels

Hyundai Investments buys office building in Brussels

South Korean asset manager Hyundai Investments Co., fully owned by Hyundai Marine & Fire Insurance Co., has said it acquired a Brussels-based ...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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