Hyundai Motor Gd Stock Price, News & Analysis

Hyundai's IONIQ 5, an all-electric SUV, has been named a Best Buy in Consumer Guide's 2022 awards, highlighting its over 300-mile driving range and appealing design. The IONIQ 5 was recognized despite launching after the initial voting period. Other Hyundai models awarded include the Palisade, Santa Fe, Kona, Venue, and Accent, making it six Best Buy awards in total. Consumer Guide evaluates over 150 vehicles across 20 categories to determine value and performance, making these awards significant for consumers seeking reliable transportation.

Hyundai achieved significant recognition at the Texas Auto Roundup, winning five awards for its vehicles. The IONIQ 5 secured titles as CUV of Texas, Electric Vehicle of Texas, and received the Highest Personal Appeal award. Additionally, its vehicle-to-load (V2L) adaptor was honored with the Best New Feature award. The Elantra N was recognized with the Best Value award. These accolades were determined by a panel of thirty journalists evaluating 33 vehicles based on interior, exterior, value, performance, and appeal.

Hyundai Motor America announced a significant increase in retail sales, achieving 61,668 units sold in April 2022, marking its second-best April ever. Electrified vehicle sales surged by 68% year-over-year, driven by the IONIQ 5, which won multiple awards, including World Car of the Year. Notable records were set for the Elantra Hybrid, Santa Fe Hybrid, Palisade, and Nexo. However, total sales decreased by 20% compared to April 2021. The company also plans to produce the electrified Santa Fe Hybrid in Alabama, enhancing its commitment to electrification.

Hyundai Motor has rapidly expanded its NFT community, reaching 100,000 Discord members within a week. They are set to launch their 'Shooting Star' NFT collection, offering 10,000 Ethereum-based NFTs on May 9-10. Following the successful 'Hyundai x Meta Kongz' NFT sales, the launch includes a 'Reveal' method to unveil the actual NFT images later. This initiative marks Hyundai's entry into the NFT space, promoting its Metamobility universe and engaging with community members through unique offerings.

Hyundai Motor Company has appointed José Muñoz, President & COO, to its Board of Directors, effective March 2023. Muñoz's responsibilities include driving performance in Europe, India, and the Middle East & Africa, as well as leading global talent acquisition. He has been pivotal in increasing profitability and market share since joining Hyundai in 2019. Under his leadership, Hyundai and Genesis have seen record sales. Muñoz will also oversee a new Product Line Management office and remain President and CEO of Hyundai and Genesis Motor North America.

The Hyundai Santa Cruz has been awarded the 2022 Best Pickup Truck by the Northwest Automotive Press Association (NWAPA) for the second consecutive year at their annual MudFest competition in Shelton, Washington. This accolade highlights the Santa Cruz's innovative design as a Sport Adventure Vehicle, boasting powerful powertrain options, a flexible open bed, advanced technology, and an agile all-wheel drive platform. The recognition follows rigorous evaluations of various vehicles, confirming Hyundai's commitment to meeting diverse consumer needs.

The 2022 Santa Cruz Limited will compete in the Rebelle Rally, an all-women off-road challenge in California and Nevada from Oct. 6-15, 2022. Automotive writers Jill Ciminillo and Kristin Shaw will drive the vehicle, which showcases Hyundai's support for women's empowerment in the automotive industry. The rally covers 1,500 miles and emphasizes navigation skills over speed. The Santa Cruz features a 2.5L turbo engine with over 275 horsepower and has been equipped for off-road challenges.

Hyundai Hope, Hyundai Motor America's new corporate social responsibility initiative, launched with a $15,000 donation to the Food Bank for Monterey County. This program focuses on health, safety, and food insecurity issues. The donation will provide 60,000 meals to the community, supporting 1 in 4 children and 1 in 5 adults facing hunger in the county. Hyundai plans to announce additional partnerships aimed at advancing these core pillars later this year.