Hyundai Motor Gd Stock Price, News & Analysis

Hyundai Motor Company unveiled teaser images of its upcoming all-electric SUV concept, named SEVEN, which is set to debut at AutoMobility LA on November 17, 2021. The SEVEN concept emphasizes design and technology innovations tailored for dedicated battery electric vehicles (BEVs) and features a premium lounge-like interior made from sustainable materials. This model aligns with Hyundai's IONIQ brand, showcasing a unique design identity characterized by Parametric Pixels lighting. The public can view SEVEN from November 19 to 28.

The Hyundai Santa Cruz has been awarded the 2021 Compact SUV of Texas by the Texas Auto Writers Association (TAWA) during their annual Truck Rodeo. This recognition highlights the Santa Cruz's bold design, multi-utility features, and efficiency. TAWA members praised the vehicle for its performance in both on-road and off-road conditions. The 2022 Santa Cruz combines the utility of a compact SUV with the comfort and maneuverability needed for urban and adventure environments, featuring a flexible open bed for gear and advanced connectivity options.

Hyundai Motor America reported October 2021 sales of 56,761 units, a 1% decline from October 2020. Despite this, the company achieved record sales for its models including Venue, Palisade, and Kona and marked the best month for Nexo. Retail sales reached 52,767 units, up 1%, with eco-friendly vehicle sales soaring 290%. Hyundai's SUV retail sales comprised 70% of the total volume. Overall, Hyundai is gaining market share, outperforming industry forecasts of a 20% drop in total sales.

Hyundai's 2022 Santa Cruz Sport Adventure Vehicle has been awarded as the Best Pickup Truck by the Washington Automotive Press Association (WAPA) during their October Fall Rally. The vehicle, which recently went on sale, has surpassed sales expectations due to its innovative design and versatile features. WAPA praised the Santa Cruz for its blend of utility and driving enjoyment, likening it to a perfect fit for consumers seeking a right-sized pickup. The award will be presented at the upcoming 2022 Washington D.C. Auto Show.

Hyundai Motor America, alongside Culture Brands, has launched the inaugural OKAY Hyundai marketing campaign to promote the 2022 Hyundai Tucson and Santa Fe Plug-in Hybrids. This campaign aims to create a more inclusive marketing approach by incorporating cultural insights from the African American community. The campaign will utilize TV, radio, digital, and social media platforms. CMO Angela Zepeda emphasized the campaign's relatability, enhancing Hyundai's market presence.

The 2022 Hyundai Santa Cruz and IONIQ 5 received the 2021 Sobre Ruedas Awards at the Miami International Auto Show. The Santa Cruz won Best New Product, praised for its innovative design and powertrain options, manufactured in the USA at Hyundai's Montgomery plant. The IONIQ 5, awarded Best Compact EV, features a dedicated platform for enhanced performance and best-in-class ultra-fast charging capabilities. Hyundai aims to cater to diverse consumers, especially in the Hispanic market.

Hyundai Motor Company has launched its third annual 'Re:Style' fashion project, focusing on upcycling materials discarded during automobile manufacturing. Collaborating with fashion retailers L'Eclaireur and Boontheshop, this initiative showcases 12 limited-edition items crafted from materials like airbags and seatbelts. The project aims to promote sustainability and educate consumers on the environmental impact of waste. Sales will support various sustainable projects by Hyundai. Available from October 14 to November 10, 2021, the collection highlights Hyundai's commitment to eco-friendly practices.