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Hyundai to Supply 30 Hydrogen Buses to Six Cities Next Year

Hyundai to Supply 30 Hydrogen Buses to Six Cities Next Year

SEOUL, Nov. 21 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will supply 30 hydrogen-powered buses to six major South Korean cities next year in a move to promote the zero-emission vehicles. In the pilot project, the 30 environment-friendly hydrogen electric fuel cell buses will be used for public transportation in Seoul, Ulsan, Gwangju, [...]

Hyundai Partners with China Energy Group in Commercial Car JV

Hyundai Partners with China Energy Group in Commercial Car JV

SEOUL, Sept. 3 (Korea Bizwire) — Hyundai Motor Co. said Monday it has partnered with a Chinese energy group in a commercial vehicle joint venture. At its Seoul headquarters Monday, South Korea’s biggest carmaker by sales signed a “strategic partnership” agreement with Sichuan Energy Industry Investment Group to expand into the Chinese commercial vehicle market, [...]

Hyundai Motor’s Video for Indian Market Hits Record Number of YouTube Views

Hyundai Motor’s Video for Indian Market Hits Record Number of YouTube Views

SEOUL, Aug. 13 (Korea Bizwire) — An advertisement video for South Korea’s No. 1 carmaker, Hyundai Motor Co., has drawn a record 215 million views on YouTube, according to an ad agency Monday. The video was produced by Innocean Worldwide Inc. to celebrate the 20th anniversary of the South Korean automaker’s inroads into the Indian [...]

Hyundai Q1 Net Plunges 48% on Strong Won, Weak Sales

Hyundai Q1 Net Plunges 48% on Strong Won, Weak Sales

SEOUL, April 26 (Korea Bizwire) – Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday its first-quarter net profit plunged 48 percent on the strong won and weak sales in two major markets. Net profit for the three months ending March 31 fell to 731.6 billion won (US$678 million) from 1.406 trillion won a year earlier, the company said in a statement. “The net result was affected by the won’s strength against the [...]