SEOUL, Jan. 23 (Korea Bizwire) – Hyundai Motor Group said Friday its brands have won multiple honors across different vehicle segments at major automotive awards in Britain and the United States. At the 2026 What Car? Awards, a major British automotive awards event, Hyundai Motor Co. and Kia Corp. won a total of seven honors [...]
SEOUL, Jan. 12 (Korea Bizwire) — Hyundai Motor Group’s autonomous driving joint venture Motional plans to launch a fully driverless robotaxi service in Las Vegas later this year, marking a long-awaited commercial milestone after years of heavy investment and development. At a media event held this month at its Las Vegas technical center, Motional said it [...]
SEOUL, Jan. 6 (Korea Bizwire) — Hyundai Motor Group plans to develop a new headquarters complex in southern Seoul comprising three 49-story towers by 2031, following a revised agreement with the Seoul city government, city officials said Tuesday. The updated plan replaces Hyundai’s earlier proposal for a single 105-story skyscraper, which ran into regulatory obstacles including [...]
SEOUL, Dec. 10 (Korea Bizwire) — Hyundai Motor Group is on the verge of achieving its annual global sales target for the first time in more than a decade, helped by easing tariff pressures in the United States and surging demand for hybrid and electric vehicles in key overseas markets, the company said Tuesday. The group [...]
SEOUL, Dec. 4 (Korea Bizwire) — Song Chang-hyeon, head of Hyundai Motor Group’s Advanced Vehicle Platform (AVP) division and chief executive officer (CEO) of the group’s software research arm 42dot, has tendered his resignation amid a lack of progress in next-generation vehicle technologies, industry sources said Thursday. In a message sent to 42dot employees on [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Wednesday it has unveiled its first mass-produced mobility robot platform, designed for various industrial and everyday applications, at a major robotics exhibition in Japan. The group, whose major affiliates include Hyundai Motor Co. and Kia Corp., showcased the Mobile Eccentric Droid (MobED) at [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korea has taken another step toward remaking itself as a global center of artificial intelligence. On Thursday, the government convened the first meeting of a new working group made up of officials and senior executives from Samsung Electronics, Hyundai Motor Group, SK Telecom and Naver Cloud. The mission: figure [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hyundai Motor Group is moving to strengthen its defenses against mounting cyber threats, establishing a new group-wide control tower and sharply increasing investments in information security amid a wave of high-profile hacking incidents in South Korea. According to industry officials on Tuesday, the conglomerate recently created the Group Cyber Threat [...]
SEOUL, Oct. 28 (Korea Bizwire) – Hyundai Motor Group Executive Chair Euisun Chung met with Saudi Crown Prince Mohammed bin Salman in Riyadh this week, as the South Korean auto maker looks to deepen ties in one of the Middle East’s fastest-growing car markets. The two discussed cooperation in automotive manufacturing and smart-city development during their [...]
SEOUL, Sept. 15 (Korea Bizwire) — Hyundai Motor Group is grappling with twin challenges in the U.S. market: the imminent end of federal tax credits for electric vehicles and a delay in the completion of its joint battery plant with LG Energy Solution. The Biden administration’s Inflation Reduction Act incentives, which offered up to $7,500 in [...]