Hyundai Motor Gd Stock Price, News & Analysis

Hyundai continues its sponsorship of the IMSA race weekend, titled the Hyundai Monterey Sports Car Championship, at WeatherTech Raceway Laguna Seca from Sept. 10-12, 2021. The event features multiple races, highlighting Hyundai's growing N Brand portfolio including models like the Elantra N and Veloster N. Hyundai leads the manufacturers' championship by 20 points over Honda and aims to enhance its brand visibility among sports car enthusiasts during the event. The partnership emphasizes Hyundai's commitment to performance and fan experience.

Hyundai Motor Group will host a virtual forum titled 'Hydrogen Wave' on September 7, showcasing its vision for a sustainable hydrogen society. The event will include discussions on breakthrough hydrogen technologies and fuel cell systems, emphasizing applications beyond the automotive industry. The forum will be streamed live on the Group's YouTube channel. Following the online event, a physical exhibition will occur in Goyang, South Korea, from September 8 to 11, highlighting innovative hydrogen applications and the Group's long-standing expertise in hydrogen technology.

Hyundai Motor America launched the all-new 2022 ELANTRA N, featuring a 2.0-liter turbocharged engine delivering 276 HP and 289 lb.-ft. torque. With enhancements for both street and racetrack performance, it boasts advanced features including an N eight-speed dual-clutch transmission and N Grin Shift for brief power boosts. This model showcases Hyundai's commitment to the N brand, expanding the lineup to seven models by 2022. The ELANTRA N's design emphasizes sportiness with dynamic styling and high-performance technology, aiming to enhance the driving experience.

Hyundai Motor America reported July 2021 sales of 68,500 units, a 19% increase from July 2020, marking the fifth consecutive month of double-digit growth. Retail sales reached a record 61,227 units, up 14%. Significant growth was observed in eco-friendly vehicle sales, which surged 399% and accounted for 12% of retail volume. Notable models include the Venue and Kona, which set sales records. Year-to-date sales increased by 44% compared to 2020, totaling 475,635 units.

Hyundai introduced the 2022 Santa Fe XRT trim, designed for outdoor enthusiasts, offering a rugged appearance and features unique to this model. The XRT builds on the Santa Fe SEL with Convenience package, available in both front-wheel and all-wheel drive options. Pricing starts at $32,300 for FWD and $34,000 for AWD. The new trim includes exclusive black styling elements, sportier wheels, and is now arriving at dealerships. Additionally, Hyundai continues to enhance customer experience through its Hyundai Complimentary Maintenance program, providing 3 years of complimentary maintenance.

Hyundai has partnered with Univision as the new presenting sponsor of Sábado Futbolero, launching the #BecauseFútbol campaign featuring three Spanish-language TV spots. This initiative aims to engage Hispanic American audiences, particularly during the Liga MX season starting July 31, 2021. The ads, directed by Martin Kalina, spotlight fan rivalries through commercials titled Asado, Abuela, and Lemonade. The campaign includes custom social content and on-air branding during broadcasts, enhancing Hyundai's visibility in the growing soccer market.

Hyundai's new Santa Cruz marks the launch of its first Sport Adventure Vehicle, emphasizing urban and outdoor lifestyles. The marketing campaign, featuring skateboarder Stacy Peralta and locals from Santa Cruz, Calif., showcases the vehicle's versatility. A long-form digital video titled 'Journey Through Santa Cruz' highlights the adventurous spirit of the vehicle alongside notable local figures. The campaign employs digital ads, TV spots during prime time, and influencer partnerships to reach a targeted audience.

Hyundai Motor and Hyundai Electric have signed a Memorandum of Understanding (MOU) to develop a mobile power generator package using Hyundai's polymer electrolyte membrane fuel cell (PEMFC) system. This collaboration aims to create environmentally-friendly alternatives to diesel generators for various industrial applications, including port facilities and construction sites. Hyundai Motor will supply the fuel cell systems and technical support, while Hyundai Electric will focus on commercialization and explore marketing strategies both domestically and internationally.