SEOUL, March 17 (Korea Bizwire) — Hyundai Motor’s luxury brand Genesis is seeing unprecedented success in the U.S. market, where it accounted for nearly one-third of global sales last year. However, potential tariff barriers under a new Trump administration pose a significant challenge to sustaining this growth. According to Hyundai’s latest Investor Relations (IR) report, Genesis [...]
SEOUL, March 11 (Korea Bizwire) — Hyundai Motor Co. plans to build its first hydrogen fuel cell systems plant in South Korea for the start of operations in 2028, the company’s labor union claimed Tuesday. Hyundai Motor currently operates a hydrogen fuel cell systems plant in China. If built, the domestic facility will be the [...]
SEOUL, March 5 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has selected Maret Anne Sara as the next artist for the “Hyundai Commission,” a prestigious annual exhibition held at Tate Modern in London. Now in its 10th year, the Hyundai Commission selects one artist each year to create a new installation for the [...]
SEOUL, Feb. 28 (Korea Bizwire) — Jose Munoz, president and chief executive officer (CEO) of South Korea’s leading carmaker Hyundai Motor Co., has been named the most influential figure in the global automotive industry by U.S. automotive publication MotorTrend, its website showed Friday. The publication named Munoz as the 2025 MotorTrend Person of the Year, [...]
SEOUL, Feb. 24 (Korea Bizwire) — Hyundai Motor Group said Monday that it will host a software developer conference next month in Seoul as part of efforts by the automotive giant to transition to a software-defined vehicle manufacturer and expand its application ecosystem. The Pleos 25 conference will be held at COEX in southern Seoul [...]
SEOUL, Feb. 21 (Korea Bizwire) — Jose Munoz, the first foreign chief executive officer (CEO) of Hyundai Motor Co., has underscored high-quality products and differentiated strategies as keys to growth, the company said Friday. Munoz shared his strategic vision for the company in a town hall meeting with 15,000 employees at its Namyang R&D Center, [...]
SEOUL, Feb. 18 (Korea Bizwire) — Hyundai Motor Company is strengthening its commitment to the sustainability of South Korea’s art ecosystem by supporting international exchange and collaboration among public art institutions. On February 18, Hyundai unveiled the ‘Hyundai Translocal Series,’ a new initiative designed to facilitate joint exhibitions and partnerships between domestic and international art institutions. [...]
SEOUL, Feb. 14 (Korea Bizwire) – Hyundai Motor Co. said Friday it will accept preorders for a custom-built high-performance edition of the company’s Ioniq 5 electric vehicle (EV), of which only 50 units will be sold globally. Preorders for the Ioniq 5 N DK edition are available via the automaker’s N Performance Shop, an online [...]
SEOUL, Feb. 13 (Korea Bizwire) – Euisun Chung, executive chair of Hyundai Motor Group, had an exchange with Donald Trump Jr., the eldest son of U.S. President Donald Trump, at a golf event in the United States, according to industry sources Thursday. According to the sources, Trump Jr. and his daughter, golfer Kai Trump, participated [...]
SEOUL, Jan. 24 (Korea Bizwire) — Hyundai Motor Co. said Friday it has partnered with Nexon Co. for a special collaboration event in the popular mobile racing game KartRider Rush+. As part of the event, players can experience virtual versions of Hyundai’s latest electric vehicles (EVs), such as the Ioniq 9, the company’s first large [...]