Hyundai
- Technology
Hyundai Steel temporarily shuts down rebar plant on low demand
Seoul: Hyundai Steel, South Korea’s second-biggest steelmaker, said on Tuesday it has temporarily shut down one of its three domestic steel reinforcement bar (rebar) plants due to low demand. The rebar plant…
- Automobile
Hyundai, Kia post record sales in US in February
Seoul: Hyundai Motor, South Korea’s top automaker, saw its sales in the United States climb 3 per cent from a year ago in February, marking its biggest sales for the month, the…
- Technology
Samsung, Hyundai team up to use private 5G network in car manufacturing
Seoul: Samsung Electronics said on Wednesday it has joined hands with Hyundai Motor to integrate its fifth-generation (5G) private network solutions with the carmaker’s advanced vehicle manufacturing facilities. The two companies recently…
- Automobile
Hyundai to suspend Ioniq 5, Kona Electric production amid slowing EV demand
Seoul: Hyundai Motor will temporarily suspend production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales, according to industry sources on Friday. According…
- Automobile
Hyundai’s US sales jump 15 pc YoY in January
Seoul: Hyundai Motor, South Korea’s top automaker, saw its sales in the United States climb 15 per cent from a year ago in January, marking its biggest sales for the month to…
- Automobile
Hyundai, Kia’s eco-friendly car exports rise 3 pc last year
Seoul: Hyundai Motor and its affiliate Kia said on Tuesday their combined exports of environmentally friendly vehicles climbed 3 per cent in 2024 from a year earlier despite an economic slowdown. Hyundai…
- Business
5 carmakers to recall nearly 300,000 vehicles for faulty parts
Seoul: Hyundai Motor, BMW Korea and three other carmakers will voluntarily recall nearly 300,000 vehicles due to faulty components, the transport ministry here said on Wednesday. The five companies, including Kia, Honda…
- Business
Hyundai Motor India shares drop over 7pc on first day of listing
Mumbai: The shares of Hyundai Motor India, the company that launched the country’s largest IPO, disappointed investors on the first day of listing on Tuesday, October 22 as the stock closed at…
- Business
Hyundai Motor India set to make stock market debut after record IPO
New Delhi: The Indian subsidiary of South Korean automotive giant Hyundai Motor is set to make its stock market debut this week following a record initial public offering (IPO), according to industry…
- Telangana
Hyundai to establish mega test centre in Telangana
Hyderabad: Hyundai Motor India, the Indian subsidiary of the South Korean automotive giant, has announced plans to establish a mega test centre in Telangana. The announcement came during a meeting between Telangana…
- Business
Hyundai, Kia unveil latest electrification technology for EVs
Seoul: South Korea’s leading automakers Hyundai Motor and Kia said on Wednesday that they showcased the latest technologies involving their electric vehicles (EV) at the annual EV Trend Korea exhibition here. The…
- Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
Seoul: South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The…
- News
Hyundai Motor Group startup to showcase AI mobility software at CES
Seoul: 42dot, Hyundai Motor Group’s global software research startup, plans to showcase its vision of software-defined vehicles (SDV) and related technologies at next month’s CES 2024, the company said. 42dot said it…
- Business
Hyundai’s US JV to produce autonomous taxi at Singapore innovation hub
Seoul: Hyundai Motor Group’s autonomous vehicle joint venture in the US plans to manufacture its self-driving electric vehicles in the group’s newly launched innovation hub in Singapore, the company said on Wednesday.…
- Business
Hyundai Group chief resigns as chair of board at elevator unit
Seoul: Hyundai Group Chairwoman Hyun Jeong-eun will step down as chair of the board of directors at the group’s elevator unit next month to help improve its governance structure, the company said…
