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Hyundai Motor

Hyundai Motor, Kia log all-time high operating profits in 2023

Hyundai Motor and Kia logged all-time high operating profits for 2023, driven by strong sales of high-margin cars and robust demand in core markets...

Hyundai Motor signs MOU with University College London for hydrogen-related research

Hyundai Motor is partnering up with University College London (UCL) to pursue research projects involving carbon-neutral technology, the company said Thursday. Under a memorandum of...

Hyundai Motor to build first auto assembly plant in Middle East

Hyundai Motor and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) agreed to build Korea's first auto assembly plant in the Middle East...

Hyundai Motor reaps record $3.3 billion profit in Q2

Hyundai Motor posted another all-time high operating profit of 4.24 trillion won ($3.32 billion) for the April-June period, up 42.2 percent on year, driven...

Hyundai reveals technology for ‘self-healing’ cars of the future

Got a small scratch on your car bumper? Do not worry, it would have fixed itself in less than two hours. Forgot to charge your...

Strikers bring Hyundai Motor production lines to a halt

Production lines at Hyundai Motor ground to a halt on Wednesday after unionized workers launched a strike. According to the Korean Metal Workers’ Union under...

Industry minister visits Boston Dynamics, praises achievements

Minister of Trade, Industry and Energy Lee Chang-yang visited Hyundai Motor’s Massachusetts-based Boston Dynamics on Friday as he accompanied President Yoon Suk Yeol on...

Korean companies to invest $8 billion in U.S. battery factories

SK On and Hyundai Motor and related companies will together invest $5 billion to build an electric vehicle battery plant in Georgia, a major...

[EXCLUSIVE] Georgia governor says IRA hurts Korean companies

Georgia Governor Brian Kemp said that the Biden administration's Inflation Reduction Act (IRA) is hurting Korean companies, in an exclusive interview with the Korea...

Hyundai Motor, Advent Technologies sign advanced fuel cell deal

Hyundai Motor and Kia will jointly develop a core component for advanced fuel cells with Advent Technologies, a Boston-based fuel cell component manufacturer. Hyundai Motor...

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