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Hyundai Duty Free recently announced the launch of an artificial intelligence (AI) powered beauty analysis zone at its Trade Centre location in Seoul, South Korea. The innovative space, known as ‘AI Beauty Trip’, offers customers unique, personalized skincare…
South Korean company Hyundai Rotem, a subsidiary of the Hyundai Motor Group, has entered into a technology transfer agreement with Thaco, a Vietnamese automaker. The deal will enable Thaco to manufacture rolling stock for metros and high-speed railway systems…
Hyundai Motor India Limited (HMIL) made the exciting announcement today that Mr. Tarun Garg will assume the role of Managing Director and Chief Executive Officer. Subject to shareholder approval, his tenure will commence on January 1, 2026. This appointment…
Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country’s largest initial public offering. The stock listed at 1,934 rupees on the National Stock…
Thanh Cong Group (TC Group) on April 11 announced its sales results for March with over 5,770 Hyundai automobiles sold in Vietnam last month, up 5.5% over February. Hyundai Accent continues to be the best-seller model in March with 1,355 units delivered to…
Thanh Cong, distributor of South Korea’s Hyundai automobiles in Vietnam, recorded a revenue of VND118 trillion ($5 billion) last year, an increase of 15.6% over 2021. The Thanh Cong Group sold more than 81,500 Hyundai automobiles of all kinds during the year,…
South Korea’s Hyundai dominated Vietnam’s small urban car market last year after Vietnamese and Japanese manufacturers stopped selling A-segment models. The European Commission defines the A-segment as city cars, the smallest category of passenger cars. Last…
Hyundai Motor Group and SK On said Thursday they will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker’s U.S. assembly plants. Hyundai Motor Group and SK On, the lithium-ion battery subsidiary branch of SK…
Hyundai Motor has inaugurated its second plant in Vietnam with a capacity of 100,000 automobiles per year. Covering an area of over 50 hectares in the northern Ninh Binh Province, the new plant will turn out eco-friendly and fuel-saving vehicles, said Thanh…
Singtel has signed an agreement with Hyundai Motor Group (HMG) to deploy Singtel’s 5G infrastructure network solutions at its Hyundai Motor Group Innovation Centre in Singapore (HMGICS) which includes an electric vehicle production facility. The HMGICS, the…
Hyundai has been outlined as one of the greatest threats to Tesla’s dominance in EVs. Its Ioniq 5 not only won the world car of the year award this year but it also forms the basis for cars like the Kia EV6 and the Genesis GV60. The Kia EV6 is even coming to…
The market share of Korean auto brands Hyundai and its subsidiary Kia increased from 18 percent in 2017 to over 30 percent last year. Hyundai continued to lead the market with sales of 70,518 units, though down 13.3 percent from the previous year. Japan’s…
Apple is preparing to expand its CarKey feature which was first announced at WWDC 2020. The feature, two years into its unveil, has been relegated to select BMW models in limited countries but now according to famed Apple watcher Mark Gurman, the feature…
Hyundai Motor’s global chief operating officer said on Wednesday the South Korean automaker wants to develop its own chips to reduce reliance on chipmakers. A global shortage of semiconductors, triggered partly by surging demand for laptops and other…
Hyundai Motor Company has announced its global sales for the month of August 2021. Compared to 318,700 units sold in August 2020, the automaker recorded a decline in sales of 7.6 percent as it sold 294,591 units in the last month. On a month-on-month (MoM)…
Hyundai Motor will invest in Germany’s H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles. A partner in the project since 2017, Hyundai Motor’s German…
