Page 3 - Hyundai Motor

Boycott calls over tweet by Hyundai's Pak partner may hit company

Hyundai is India's second-largest car seller after Maruti Suzuki, and the largest car exporter in the country

Hyundai Motor, Boston Dynamic declare to create better life via robotics

"We will lead the robotics technology to create a better life for customers and ourselves."Boston Dynamics Chairman Marc Raibert and Hyundai Motor Group's Robotics Lab Executive Director Hyun Dong-jin held a press conference at the Mandalay Bay Convention Center in Las Vegas on the 4th (local time) and announced their robot philosophy.Hyundai Motor Group previously acquired an 80 per cent stake in Boston Dynamics, the U.S. robot company, from Softbank Group. Hyundai Motor said that robotics technology is essential to lead the future mobility market. At this year's CES 2022, Hyundai Motor and Boston Dynamics presented their new future directions for robot business.On this day, Boston Dynamics Chairman Raibert said, "We are carefully thinking about how to help people when developing robots."Spot, Stretch, and Atlas are the famous robots developed by Boston Dynamics. He introduced those robots as 'today, tomorrow, and the future.'The robot representing 'today (present)' is the 'Spot.' It

Hyundai Motor appoints Unsoo Kim as managing director in India

South Korean auto major Hyundai Motor Company on Friday announced a top level change in its Indian operations with Unsoo Kim slated to take over as Managing Director from January 1, 2022.

Hyundai and Kia's market share decline from 3.1% to 2.1% in China

Sales of Hyundai Motor and Kia have continued to decrease in the Chinese market.According to the China Passenger Car Association (CPCA) on the 10th, Hyundai Motor and Kia's combined share of the Chinese market fell 1 per cent from 3.1 per cent (2.2 per cent for Hyundai Motor, 0.9 per cent for Kia) in November last year to 2.1 per cent (1.4 per cent Hyundai Motor, 0.7 per cent Kia) in November this year.Last month, retail sales of automobiles decreased by 13 per cent year-on-year to 1,845,000 units in the Chinese market. The sales of passenger cars (including sedans, SUVs, and MPVs) fell 13 per cent to 1,816,000 units and commercial vehicles fell to 28,000 units, similar to last year.However, Hyundai Motor and Kia's performance was far below the market average.Retail sales of Hyundai Motor Beijing fell 42 per cent year-on-year to 26,000 units in November, and Dongfeng Kia fell 30 per cent to 13,000 units.Sales of Hyundai Motor Group have significantly decreased in the Chinese market ...

Hyundai Motor aims to develop chips, cut reliance on chipmakers

A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year

Hyundai Motor India reports 12% rise in sales in August at 59,068 units

Hyundai Motor India Ltd (HMIL) on Wednesday reported a 12.3 per cent increase in total sales at 59,068 units in August.

Hyundai brings N Line to India; 1st model under N badge to debut this yr

South Korean auto major Hyundai on Monday said it is introducing its performance oriented N Line brand in the Indian market. The auto major noted that the N Line models would offer customers motorsport inspired styling cues that evoke excitement and athleticism. The company said it plans to launch the first model under the N badge this year, followed by additional model launches over the next few years. "The introduction of our N Line range to India, will induce sporty experiences like never before, making every drive a fun experience with products that personify excitement and athleticism," Hyundai Motor India Ltd MD and CEO SS Kim said in a statement. As an organisation committed to India, the company has been introducing superior products and services for customers, he added. "With N Line, Hyundai Motor India will continue to challenge new boundaries and introduce new cars that amplify the aspirations and personalities of new age Millennial and Gen Z buyers," Kim noted. The co

Hyundai Motor Q2 net profit soars, expects chip shortage to ease

Hyundai Motor Co turned in its best quarterly profit in about six years on Thursday, helped by solid demand for its high-margin SUVs and its premium Genesis cars

Hyundai, Kia expected to log sharp rebound in operating profit in Q2

Hyundai Motor and its affiliate Kia are set to report a sharp rebound in operating profit for second quarter on strong demand for their vehicles that offset output disruptions by chip shortages

Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company

Solid Energy and General Motors are planning to construct a lithium metal battery test production plant near Boston by 2023, and will commercialise it in 2025.

Hyundai Motor Group chases local chipmakers to cut exposure to shortage

Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd

Hyundai to halt US plant for three weeks on chip shortage, maintenance

Hyundai Motor, South Korea's biggest carmaker by sales, said on Monday it will suspend its US plant for three weeks due to lack of semiconductors and routine maintenance

Hyundai Motor India's total sales decline 8% to 59,203 units in April

Domestic sales stood at 49,002 units, while exports were at 10,201 units last month, the company said

Hyundai Motor Company to close for a week due to semiconductor crisis

As the global automobile industry began to cut production due to the lack of automotive semiconductors, Hyundai Motor Company was also unable to avoid production disruptions

Hyundai Motor to recall Kona EV and other electric vehicles in South Korea

"Hyundai Motor has decided to replace the battery cells of its three electric vehicle models," the Korea Times reported

Hyundai unveils Ioniq 5 electric crossover, expects EV demand jump

The company says the model is based on a new electric vehicle-only platform that uses its own battery module technology and requires fewer components than Hyundai's existing electric cars

Hyundai Motor wrestles with the risks of embracing Apple: Report

Apple has never acknowledged talks with the automaker about building vehicles, and it was unclear whether any such talks are still active

Apple, Hyundai set to sign deal on electric car by March, says report

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the United States, local newspaper Korea IT News reported

Hyundai Motor sparks confusion over electric car tie-up with Apple

Korean firm said it was in talks with the tech titan, before backtracking

Hyundai chairman, Group to buy Boston Dynamics from SoftBank for $1.1 bn

The South Korean automaker group said on Friday the purchase would help it expand automation in its vehicle factories and design autonomous cars, drones and robots