Hyundai Motor Gd Stock Price, News & Analysis

Hyundai Motor Company has appointed Randy Parker as CEO of Hyundai and Genesis Motor North America, effective Jan. 1, 2025. Parker, who will maintain his role as CEO of Hyundai Motor America, succeeds José Muñoz, who has been promoted to president and CEO of Hyundai Motor Company. Under Parker's leadership since joining in 2019, Hyundai has achieved remarkable growth, setting all-time retail sales records for three consecutive years. Parker became the first African American to lead a major OEM regional market when appointed CEO of Hyundai Motor America in 2022.

In his expanded role, Parker will oversee all Hyundai operations in the U.S., Canada, and Mexico, Genesis operations in the U.S. and Canada, and Hyundai's manufacturing facilities in Alabama and Georgia. HMNA's network of 1,400 dealerships sold 1.3 million Hyundai and Genesis vehicles in 2023.

Hyundai Motor Group Metaplant America (HMGMA) has announced the deployment of 21 XCIENT hydrogen fuel-cell electric trucks for clean logistics operations in cooperation with Glovis America. These Class 8 heavy-duty trucks will transport vehicle parts from HMGMA suppliers to the Megasite daily, representing over one-third of the Glovis America truck fleet at HMGMA.

The initiative demonstrates HMGMA's commitment to reducing its carbon footprint through zero-emissions technology. HTWO Logistics, a joint venture between Hyundai Motor Company and Glovis America, will install a mobile hydrogen refueling station at the Megasite, with plans for a permanent hydrogen production and refueling station in development.

Hyundai Motor America has announced a $50,000 donation to UCI Health to enhance diabetes support services at their Family Health Centers in Santa Ana and Anaheim, California. The investment, part of Hyundai's Hope initiative, will fund a specialized diabetes suite equipped with an EIDON color confocal scanner for early detection of diabetic eye disease. The donation will also support an 8-week educational program featuring group medical visits led by UCI Health's interdisciplinary team, focusing on various aspects of diabetes management including nutrition, health habits, and stress management.

Hyundai Motor America reported record-breaking November sales of 76,008 units, an 8% increase compared to November 2023. The company achieved significant growth in electrified vehicles, with hybrid total sales jumping 114% and EV sales growing 70%. Notable performers included Santa Fe HEV (+64%), Tucson PHEV (+23%), Tucson HEV (+227%), and IONIQ 5 (+110%). Retail sales climbed 15%, with EV retail sales up 77% and hybrid retail sales growing 104%. The company also unveiled the new IONIQ 9 electric SUV and announced several industry awards for various models.

Hyundai Motor Company unveiled its new IONIQ 9 all-electric SUV at the Goldstein House in Beverly Hills, ahead of the Los Angeles Auto Show. The company's first three-row electric SUV strengthens its position in the global EV market. The World Premiere event, attended by over 300 global media representatives, showcased the vehicle's spacious design and flexible seating configurations, including Universal Island 2.0 console. The IONIQ 9 embodies the concept of 'Built to Belong,' following the success of IONIQ 5 and 6 models, which were previously named World Cars of the Year.

Hyundai Motor and Kia have unveiled the 'X-ble Shoulder,' a wearable robot designed to enhance industrial efficiency and reduce musculoskeletal injuries. The device reduces shoulder load by 60% and muscle activity by 30%, particularly during overhead work. Set for commercial launch in the first half of 2025, it will initially target domestic markets before expanding internationally. The companies plan to develop additional products including the X-ble Waist for heavy lifting and X-ble MEX for rehabilitation. The technology is expected to benefit various industries including construction, shipbuilding, aviation, and agriculture.

Hyundai Motorsport has achieved its first FIA World Rally Championship (WRC) drivers' and co-drivers' titles with Thierry Neuville and Martijn Wydaeghe winning at Rally Japan. The Belgian duo led the 2024 championship from the opening round, securing two wins, six podiums, and 49 stage victories throughout the season. Their success came after an impressive campaign that began with a win at Rallye Monte-Carlo and included consistent performances across various terrains. Despite a technical issue in Japan, they clinched the title when their closest competitors crashed on Sunday morning. This marks a historic achievement for Neuville after 11 seasons with Hyundai, during which he previously finished as vice-champion four times.

The 2025 Hyundai Santa Cruz XRT has been awarded the 'Compact Truck of Texas' title at the Texas Auto Writers Association (TAWA) annual Truck Rodeo. The vehicle impressed judges with its rugged design, advanced technology, and enhanced off-road capability. The 2025 model features a new aggressive front design, XRT-exclusive enhancements including front tow hooks, all-terrain tires, and wrench-inspired wheels. The interior includes a panoramic curved display with an available 12.3-inch driver information cluster and infotainment touchscreen, along with standard wireless Apple CarPlay® and Android Auto™.

The Hyundai Santa Fe has been awarded the 2025 Hispanic Motor Press Family Vehicle of the Year. The recognition was presented at AutoMobility 2024 during the Los Angeles Auto Show, marking the fifteenth year of these prestigious awards. The vehicle was selected by a panel of Hispanic automotive journalists and industry experts based on criteria including technology, safety, styling, and value. The Santa Fe was particularly praised for its innovative design, advanced safety features, and family-friendly appeal. This award reflects Hyundai's commitment to providing vehicles that meet the specific needs of Hispanic consumers while maintaining high standards in performance and practicality.