Hyundai Motor Gd Stock Price, News & Analysis

Hyundai Motor America has been named the exclusive U.S. automotive partner for Disney's 100 Years of Wonder celebration, marking 100 years of Disney storytelling. This partnership includes a 360-degree integrated campaign featuring experiential activations, new content, and extensive advertising. Hyundai aims to enhance customer experiences through this collaboration while celebrating Disney's legacy and looking ahead to future innovations. The campaign will feature multiple touchpoints and aims to engage audiences globally throughout 2023.

Hyundai Motor Group has signed a Memorandum of Understanding (MoU) with the Nusantara Capital City Authority to establish an advanced air mobility (AAM) ecosystem in Indonesia. The agreement, signed during the B20 summit in Bali, aims to introduce AAM as part of a smart mobility system. This initiative is targeted at enhancing mobility across Indonesia's numerous islands. The Group plans to develop a roadmap including demonstration projects and test flights, with aspirations to expand the AAM ecosystem regionally and globally.

Hyundai Motorsport concluded the 2022 FIA World Rally Championship (WRC) with a remarkable 1-2 finish at Rally Japan, marking its fifth victory of the season. Thierry Neuville and Martijn Wydaeghe secured their second win of the year, with Ott Tänak and Martin Järveoja finishing in second. The team's performance was enhanced by strategic tyre choices in challenging conditions. This victory represents Hyundai's 25th win since joining WRC in 2014 and its 99th and 100th individual podiums. The season's accomplishments include five wins, all achieved with the Hyundai i20 N Rally1.

Hyundai Motor Company has signed a Memorandum of Understanding (MoU) with PT Adaro Minerals Indonesia, Tbk. (AMI) to establish a stable supply chain for aluminum used in automobile manufacturing. This agreement aims to develop eco-friendly aluminum production through AMI's subsidiary, PT Kalimantan Aluminium Industry. The MoU includes early purchase rights for aluminum, with potential offtake volumes between 50,000 to 100,000 tonnes per annum. This collaboration is expected to strengthen Hyundai's operations in Indonesia and enhance its commitment to carbon neutrality.

Hyundai has successfully integrated Rear Occupant Alert (ROA) technology as standard in all 2023 vehicles sold in the U.S., excluding the NEXO model. This initiative aims to prevent heatstroke fatalities among children left in vehicles. The new ROA system is part of Hyundai's broader commitment to enhance safety technologies, which also includes features like Forward Collision-Avoidance Assist and Lane Keep Assist. Hyundai's proactive measures have outpaced government safety commitments, reinforcing its leadership in automotive safety.

Hyundai Motor America reported a 7% increase in total sales for October 2022, with 60,604 units sold, compared to October 2021. SUVs accounted for 72% of sales at 43,511 units, an increase of 14% year-over-year. Notably, the month set records for total retail sales of Elantra HEV, Santa Fe HEV, Tucson, Tucson HEV, and Santa Cruz models. Retail sales reached 58,315, marking an 11% year-over-year rise. However, year-to-date total sales showed an 8% decline, standing at 588,902 units.

Hyundai Motor Company announced its XCIENT Fuel Cell heavy-duty trucks have achieved a significant milestone of over 5 million km in real-world operation, making them the first in this category to reach such a distance. A total of 47 hydrogen-powered trucks are currently in use by 23 companies across Switzerland for logistics and distribution. This achievement highlights Hyundai's commitment to decarbonization and the development of a sustainable hydrogen ecosystem. The XCIENT trucks feature advanced fuel cell technology, offering a range of over 400 km and rapid refueling times.