Sarah ChenAutomotive
Hyundai Motor Shelves Boston Dynamics IPO Plans for 2027
The US robotics subsidiary posted cumulative losses of nearly 1.7 trillion won through 2025 as factory deployment targets shift toward 2028.
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Hyundai motor
Every story tagged Hyundai motor on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Hyundai motor
26 stories in this topic
Wei ZhangAutomotive
Hyundai Commits to Extended-Range Electric Vehicles
The South Korean automaker plans new range-extender powertrains to bridge consumer demand between pure battery models and traditional hybrids.
Sarah ChenAutomotive
Hyundai Targets 9 per Cent Margin and Adds 1.27 Million Units of Capacity
The South Korean automaker plans to refresh or launch over 100 models by 2030 while raising electrified vehicle output to 60 per cent of its global sales volume.
Rajiv MenonAutomotive
Hyundai Korea’s employees to be more casual at office
Jeans and T-shirts will be allowed at Hyundai Motor offices from March 4 as the auto group’s heir apparent Chung Eui-sun looks for new ways to give the automaker a younger, trendier feel. On Monday morning, Hyundai Motor employees at its headquarters in…
Maria SantosAutomotive
Hyundai Motor raided as defect cover-up investigated
Prosecutors raided the main office of Hyundai Motor and its smaller affiliate Kia Motors on Wednesday as part of a probe into allegations that the company tried to conceal defects in some of its vehicle lineups. The Seoul Central District Prosecutors’ Office…
Maria SantosAutomotive
Hyundai to focus on customization
The chief of Hyundai Motor’s financial affiliates outlined the units’ digital strategy and future vision at IBM’s largest annual conference that ran through Friday in San Francisco. Chung Tae-yong, who heads Hyundai Card, Hyundai Capital and Hyundai…
Minjun ParkAutomotive
Hyundai develops safer airbag deployment system
Hyundai Motor Group, Korea’s biggest carmaker by sales, said Monday it has developed a safer airbag deployment system to better protect people from multiple crashes. The advanced airbag system immediately prepares for additional crashes once it recognizes an…
Wei ZhangAutomotive
Hyundai, Kia move ahead with recall in U.S.
Despite a government shutdown, Hyundai and Kia are moving ahead with a recall of about 168,000 vehicles to fix a fuel pipe problem that can cause engine fires. The problem stems from improper repairs during previous recalls for engine failures. The affiliated…
Aiko TanakaAutomotive
Korean SUV sales soar globally
SUVs have recently grabbed the spotlight in Korea, breaking both local and export sales records. According to the Korea Automobile Manufacturers Association (KAMA), the number of exported SUVs by five local automakers reached a new record of 1.38 million…
Sarah ChenLiving
Singapore’s Grab begins using Hyundai Motor’s Kona
Hyundai Motor, Korea’s largest carmaker by sales, said Wednesday that Singapore-based Grab began using its Kona Electric for its ride-hailing service this month. In November, Hyundai Motor and its affiliate Kia Motors jointly invested $250 million in the…
Minjun ParkAutomotive
Hyundai Motor now ready for big races
Hyundai Motor finalized its driver lineup for this year’s major motorsport competitions, the company said Monday. The automaker said its target this year is to win championship titles at the World Rally Championship (WRC) and the World Touring Car Cup (WTCR).…
Maria SantosAutomotive
Hyundai Motor sells more than 10 million cars in China
Hyundai Motor, Korea’s largest carmaker, said Sunday that accumulated sales of its vehicles in China surpassed the 10 million unit mark in 2018. The milestone was reached 16 years after the company entered the key neighboring country, which has since become…
Wei ZhangAutomotive
Hyundai Cars to go online – and have legs
By 2022, all cars made by Hyundai Motor will be connected to the internet, the automaker announced during a press briefing held Monday in Las Vegas ahead of the 2019 Consumer Electronics Show (CES). “We aim to have 10 million active users of our connected-car…
Wei ZhangAutomotive
Hyundai Motor starts its monthly car subscriptions
Hyundai Motor on Monday introduced a car-subscription program with a monthly fee of 720,000 won ($646). Under the program, dubbed Hyundai Selection, three models are available for users and subscribers can change models on a limited basis. The vehicles…
Minjun ParkAutomotive
Hyundai sales ups a bit in December
Hyundai Motor, Korea’s largest carmaker by sales, said Wednesday its December sales rose 0.4 percent from a year earlier on weak overseas demand. Hyundai sold 410,326 vehicles last month, up from 408,637 units a year earlier, the company said in a statement.…
Minjun ParkAutomotive
SUVs are selling more in Korea
Korea’s domestic car market moved in two different directions this year. The rising popularity of large sedans and sport utility vehicles (SUVs) stood in sharp contrast to weaker demand for smaller vehicles, industry data showed Sunday. In the…