Hyundai Motor

2025.05.01

15:11

Hyundai Motor's U.S. sales in April were 81,503 vehicles, up 19% year-on-year.

06:50

Ford ends project to develop Tesla-like electronic brain

Ford Motor Co. (FN) ended a plan to develop a next-generation electrical architecture, the brains of modern vehicles, that Ford executives had called critical to competing with electric vehicle pioneers such as Tesla Inc., three people familiar with the matter told Reuters. Ford invested heavily in the system, known internally as FNV4 (Fully Connected Vehicle), to simplify vehicle software functions. The goal was to cut costs, improve quality and add profitable features to electric and gasoline-powered cars. The project was abandoned because of ballooning costs and delays, the sources said. A Ford spokesman said the company will apply lessons learned from developing FNV4 to existing software systems and will continue to focus on delivering advanced electrical architectures with its "skunkworks" team.

2025.04.30

16:37

Hyundai Motor (China) Investment Co., Ltd. recalls some imported Enik 5 N pure electric vehicles

Recently, Hyundai Motor (China) Investment Co., Ltd. filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the Regulations on the Management of Recall of Defective Automobile Products and the Implementation Measures for the Regulations on the Management of Recall of Defective Automobile Products. Recall number S2025M0064V: From now on, some imported Aini K 5 N pure electric vehicles with production dates from July 11, 2024 to November 28, 2024 will be recalled, totaling 168 vehicles. Some vehicles within the scope of this recall may have reduced braking efficiency and longer braking distance when driving the vehicle in left-foot braking mode (LFB) due to unreasonable settings of the vehicle control module (VCU) and integrated electronic brake (IEB) software, which may increase the risk of collision and pose a safety hazard.

2025.04.24

23:48

Work stoppages, layoffs, Hyundai Steel employees worried about their livelihoods

Hyundai Motor Group is South Korea's largest exporter of automobiles to the United States. Last month, the United States' policy of imposing a 25% tariff on imported steel and aluminum products took effect, further affecting South Korea's steel exports to the United States, making the business environment of Hyundai Steel, a subsidiary of Hyundai Motor Group, even worse. Just two days before the United States imposed tariffs, Hyundai Motor Group executives visited the White House and announced that they would invest $21 billion in the United States over the next four years, including a $5.8 billion investment by Hyundai Steel to build a new plant in Louisiana to supply steel to its auto plants in Alabama and Georgia. The news of the huge investment in the United States has exacerbated the concerns of Hyundai Steel's employees. In Incheon, South Korea, a Hyundai Steel plant has stopped production and started a voluntary resignation process to lay off employees.

2025.04.22

19:21

Hyundai Motor India has signed a memorandum of understanding with Indian Oil Corporation to jointly explore the feasibility of large-scale application of hydrogen fuel cell vehicles.

2025.04.21

10:05

According to Yonhap News Agency: South Korea's Hyundai Motor and POSCO signed a memorandum of understanding on cooperation in American steel mills.

2025.04.15

22:43

Hyundai Motor CEO said: "We do not expect a significant increase in car prices in the short term, and we have no plans to stop selling models due to tariffs.

18:30

Indonesia's Pertamina to develop waste-to-hydrogen facility with Hyundai Motor

Indonesia's state oil company Pertamina said in a statement that it had signed an agreement with Hyundai Motor Group to produce hydrogen using biomethane emitted from a landfill in West Java province.

08:04

Hyundai Motor's shares rose more than 4%, while Kia Motors' shares rose more than 3%.

2025.04.01

20:12

Hyundai Motor's sales in the United States reached 87,019 vehicles, a year-on-year increase of 13%.

19:20

Hyundai Motor India's total sales in March were 67,320 units, with local sales accounting for 51,820 units.

14:49

Hyundai Motor America: March sales totaled 87,019 units, up 13% compared to March 2024

Hyundai Motor America: Total sales in March were 87,019 vehicles, up 13% compared to March 2024.

13:08

According to Yonhap News Agency: South Korea's acting President Han Deok-soo met with the leaders of Samsung Electronics, SK, LG and Hyundai Motor Group to discuss US tariffs.

03:48

Hyundai Motor Co. warned U.S. dealers that it may adjust vehicle prices on April 2 after new tariffs take effect.

2025.03.28

08:19

Hyundai Motor shares fell for a second day, down 3.3%

Hyundai Motor shares fell for a second day, down 3.3%.

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