Hyundai Motor Gd Stock Price, News & Analysis

Hyundai has revealed teaser images of the upgraded 2023 Palisade SUV, set to debut globally at the New York International Auto Show on April 13, 2022, at 9:45 a.m. EDT. The design enhancements include a wider cascading grille, new vertically-connected LED lights, and multi-spoke alloy wheels, aiming to elevate its premium appearance. Hyundai sold over 738,000 vehicles in the U.S. in 2021, with nearly half produced at its Alabama manufacturing facility. For more details, visit www.hyundaiusa.com.

Hyundai Motor America achieved a record-breaking retail sales of 159,676 units in Q1 2022, marking a 1.4% increase from Q1 2021. Despite a 4% decline in total sales, the company's electrified vehicle sales surged by 241%. March 2022 alone saw sales of 59,380 units, representing the third-best March in the company's history, with a 179% year-over-year growth in electrified vehicle sales. Hyundai has notably increased its market share, outperforming the forecasted 14.8% decline in total industry sales.

Hyundai's Venue SUV has been recognized with the Kelley Blue Book 5-Year Cost to Own award for the third consecutive year, highlighting its low projected ownership costs. This award evaluates depreciation, fuel costs, maintenance, financing, and insurance fees over five years. According to Ricky Lao of Hyundai Motor North America, the Venue meets consumer needs for safety, technology, and budgeting. The award underscores Hyundai's commitment to customer satisfaction since the Venue's launch in 2020.

The Hyundai IONIQ 5 was awarded EV of the Year at the 2022 Hispanic Motor Press Awards, recognizing its appeal to Hispanic consumers based on factors like technology, safety, and environmental impact. Olabisi Boyle, Hyundai's VP, highlighted the vehicle's impressive range and advanced technology. The award aims to promote the adoption of clean transportation within the Hispanic community, according to Ricardo Rodriguez-Long, president of the Hispanic Motor Press Foundation. The awards are judged by a panel of 23 Hispanic journalists and influencers.

The Hyundai IONIQ 5 has been named the UK Car of the Year 2022, winning accolades for its design, performance, and practicality. It also secured the title of Best Family Car, praised for making electric driving accessible. The vehicle boasts a 298-mile range and is built on Hyundai's innovative Electric Global Modular Platform (E-GMP), enhancing its appeal in the electric vehicle market. The Hyundai i20N was recognized as Best Performance Car, marking a strong presence for Hyundai in various award categories.