SEOUL, Aug. 14 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, unveiled an electric vehicle adorned with Indonesia’s traditional batik pattern to commemorate the 50th anniversary of diplomatic ties between Seoul and Jakarta. Hyundai Motors Indonesia last week showcased the all-electric Ioniq 5 Batik edition at the Indonesia International Auto Show (GIIAS) in [...]
PAJU, Aug. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday it is aiming to sell 28,000 units of the all-new Santa Fe SUV this year after its planned launch later this month. Hyundai Motor has set the sales goal in the domestic market for this year, while planning [...]
SEOUL, Aug. 10 (Korea Bizwire) — Hyundai Motor Co. has bestowed various gifts upon an employee who has eight children, marking the inaugural initiative of the low fertility and childrearing support task force established by the automaker’s labor and management. The representatives from Hyundai’s labor and management on Wednesday visited the company’s Jeonju plant in [...]
SEOUL, Aug. 3 (Korea Bizwire) — South Korea’s Hyundai Motor Group will use Qualcomm Technologies, Inc.’s Snapdragon Automotive Cockpit Platforms in the infotainment system for its purpose-built vehicles (PBVs), the U.S. chip company said Thursday. Under the technology collaboration, the Korean automotive group will incorporate the latest Snapdragon solutions in its PBV infotainment system to [...]
SEOUL, Aug. 3 (Korea Bizwire) — Hyundai Motor Group said Thursday it will invest US$50 million in Canadian artificial intelligence (AI) semiconductor startup Tenstorrent as it seeks to integrate AI into its future mobility solutions. Hyundai Motor Co. and its smaller affiliate Kia Corp. will invest $30 million and $20 million, respectively, in Tenstorrent as [...]
SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their vehicle sales in the United States rose 12 percent in July from a year earlier, helped by robust sales of SUVs and electric vehicles. Hyundai and Kia sold a total of 143,787 vehicles in the U.S. last [...]
SEOUL, July 31 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said they will establish a blockchain-based subcontractor carbon emissions history management automation system (SCEMS) and distribute it for free to their subcontractors. SCEMS is an integrated system that covers the entire process, from raw material procurement to component and vehicle [...]
SEOUL, July 30 (Korea Bizwire) — The combined U.S. market share of Hyundai Motor Co. and its smaller affiliate Kia Corp. inched up in the first half of the year from a year earlier, managing to stay above the 10 percent range amid the recovery in demand and output, data showed Sunday. Their combined share [...]
SEOUL, July 27 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will create a dedicated task force aimed at addressing low birth rate and child-rearing concerns. The dedicated team will develop a comprehensive support plan that covers the entire life cycle of employees, encompassing marriage, pregnancy, childbirth, child-rearing, and schooling. Notably, Hyundai is the first among [...]
SEOUL, July 26 (Korea Bizwire) – South Korea’s Hyundai Motor Co. on Wednesday raised its annual sales and profit guidance for the year after reporting a record operating profit in the second quarter on a weak won and robust sales of high-end models. Hyundai Motor projected its overall sales will grow 14-15 percent this year, [...]