Hyundai Motor Gd Stock Price, News & Analysis

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.

Hyundai Motor Group announced a groundbreaking for its new Metaplant America in Bryan County, Georgia, representing a USD 5.54 billion investment. The facility aims to start commercial production in the first half of 2025 with an annual capacity of 300,000 electric vehicles, creating over 8,100 jobs. This initiative aligns with the company's goal to lead the electrified mobility sector, targeting to sell 3.23 million electric vehicles annually by 2030. Additionally, the Group's social responsibility programs have contributed USD 1.54 million to local charities.

The 2022 Hyundai Tucson Plug-in Hybrid and Elantra N were awarded the 2022 Sobre Ruedas Awards at the Miami International Auto Show. The Tucson Plug-in Hybrid offers 261 horsepower with an all-electric range of 33 miles and a fuel economy of 70 MPGe. The Elantra N, recognized as the Best Compact Sports Car, features a 2.0-liter turbocharged engine delivering 276 horsepower. Hyundai's achievements reflect their commitment to appealing to Hispanic consumers and highlight their innovative engineering in electrified and performance-driven vehicles.

Hyundai Motor America launched a multicultural marketing campaign titled "Tied With Tucson" to promote the stylish 2023 Tucson. The campaign, developed with Culture Brands, emphasizes the vehicle's human-centric technology and three powertrain options: N-Line, Hybrid, and Plug-In Hybrid. The creative showcases familial connections and friendly rivalries, reflecting cultural nuances. The campaign includes video and digital executions to elevate vehicle features like fuel efficiency and quality craftsmanship.

Hyundai's IONIQ 5 has been awarded MotorTrend's 'Golden Calipers' for SUV of the Year, outperforming 45 competitors, including 25 electrified models. The vehicle received praise for its safety, efficiency, design, and performance. MotorTrend highlighted its great range, quick charging, and futuristic styling. This recognition follows a series of accolades for the IONIQ 5, including the 2022 World Car of the Year. Hyundai's President stated the award reflects their commitment to top-tier product development and design.