Hyundai Motor Group revealed on Sunday that its vehicle sales in the United States grew to an all-time high of 1.7 million in 2024, an increase of 3.4% compared to 2023. Hyundai Motor Co. sold 911,805 units in the US, while Hyundai Motor Group's subsidiary Kia Corp. sold 796,488."Despite global...
Kia Corporation in the United States reported on Friday a 74% year-over-year increase in electric vehicle (EV) sales for 2024, making up 7% of its total sales. Additionally, SUVs represented 76% of Kia's annual sales, an 8% growth compared to 2023.The company sold 796,488 vehicles in 2024,...
Hyundai Motor Company revealed on Friday that its global sales in 2024 amounted to 4.14 million, falling 1.8% on an annual level.From the total number, 705,010 units were sold domestically in South Korea, while 3.43 million units were sold overseas. Compared to the same period in 2023,...
The National Highway Traffic Safety Administration (NHTSA) announced on Wednesday that Hyundai is recalling over 226,000 small cars and SUVs in the United States due to defective rearview cameras. The recall affects specific Santa Fe and Elantra models from the 2021 and 2022 production years....
Hyundai Motor America is recalling 145,235 electric vehicles due to a loss of drive power, the National Highway Traffic Safety Administration (NHTSA) shared on Friday."The Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-volt battery, which can result in a loss...
Hyundai Motor Company announced on Thursday its revenue in the third quarter of the fiscal year 2024 observed an annual rise of 4.7% to reach 42.92 trillion won($31.1 billion), failing market expectations.The company's net income declined by 3% compared to the same trimester in 2024 to land at...
The shares of Hyundai Motor India Ltd. lost ground on Tuesday, plunging 4% after their trading debut. The business managed to raise 278.56 billion rupees (approximately $3.3 billion) in the initial public offering (IPO), which marks the highest-ever IPO amount in the country.The carmaker offered...
Google's self-driving subsidiary Waymo LLC and Hyundai Motor Company announced on Friday that they entered a multi-year partnership on autonomous driving technology.The companies said the first phase of the deal will include integrating Waymo's self-driving technology called Waymo...
Hyundai Motor Company and General Motors Company (GM) announced the signing of a joint product development deal establishing future collaboration in "key strategic areas" including clean energy technologies.The deal provides for the possibility of two companies working together on...
General Motors Co. and Hyundai Motor Company signed an agreement to explore new associations in areas such as vehicle production, internal combustion engines and clean-energy technologies.In a release on Thursday, both companies said they will focus on studying how to co-develop...
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