Hyundai Motor Gd Stock Price, News & Analysis

Hyundai Motor Group Chairman Euisun Chung received the prestigious Issigonis Trophy at the 2021 Autocar Awards for his significant contributions in transforming the company into a global automotive leader. Under his leadership, the company expanded its market share and launched new brands, including Genesis and HTWO, while also advancing electric and hydrogen fuel cell technologies. Autocar recognized Chung's role in shifting perceptions of Hyundai and Kia from budget brands to competitive players in the automotive market, particularly with the introduction of models like the Hyundai IONIQ 5 and Kia EV6.

Hyundai and Disney have launched a creative campaign to promote the all-new 2022 Tucson, extending Hyundai's Question Everything platform. The campaign includes 12 TV spots and 50 pieces of digital content featuring popular talent and characters. It aims to reach a broad audience through various networks, starting on June 7 with The Bachelorette premiere. The collaboration showcases Hyundai's innovative marketing strategies, leveraging Disney's brand power to enhance consumer engagement.

Hyundai Motor Americas has appointed Carlos Servin as Chief Cost Optimization Officer, starting today. His role focuses on improving cost efficiency and operations in North and South America through benchmarking, supplier assessments, and best practice implementations. Reporting to CEO José Muñoz, Servin brings over 30 years of global automotive experience from companies like Ford, Volvo, and Nissan. He holds an MBA from the Instituto Tecnologico y de Estudios Superiores de Monterrey.

Hyundai Motor America reported impressive May 2021 sales of 90,017 units, marking a 56% increase from May 2020 and achieving a new monthly sales record for the third consecutive month. Fleet sales surged by 95%, comprising 6% of total sales. Retail sales reached an all-time high of 84,351 units, a 54% increase with notable growth in SUVs (+34%) and eco-friendly vehicles (+887%). Hyundai also pledged $7.4 billion for U.S. investments in EV production by 2025, further solidifying its market position.

Hyundai Motor North America launched the all-new IONIQ 5, an electric crossover utility vehicle (CUV) featuring a targeted driving range of 300 miles and ultra-fast charging from 10% to 80% in just 18 minutes. Built on the Electric-Global Modular Platform (E-GMP), it offers enhanced interior space and performance. Set to go on sale in fall 2021, the IONIQ 5 supports various electric motor configurations, including AWD with 320 horsepower. Additionally, it boasts innovative features like Vehicle-to-Load power capability and a two-year unlimited charging plan with Electrify America.

Hyundai Motor America announced the North American virtual premiere of the 2022 IONIQ 5 Electric CUV on May 24, 2021, at 12:00 p.m. PT. This all-electric vehicle, featuring ultra-fast charging, Vehicle-to-Load capability, and a driving range of up to 300 miles, represents a significant advancement in Hyundai's electrification strategy. Executives will share insights on design and key attributes during the presentation. The IONIQ 5 will go on sale this fall, marking the company's commitment to innovation in the electric vehicle market.

Hyundai Kona has been recognized as one of Autotrader's 2021 Ten Best Cars for Recent College Graduates. The recent redesign for 2022 features enhanced safety and convenience that appeals to compact SUV buyers. The Kona range includes eco-friendly Electric, Turbo, and sporty N Line versions, catering to diverse preferences. Notably, all vehicles on the list are priced under $25,000 and boast a combined fuel economy of at least 30 mpg. The model is acknowledged for its affordability and fun driving experience, making it a strong contender in the compact SUV market.

Hyundai Motor Group announced a $7.4 billion investment in the U.S. by 2025 aimed at enhancing EV production, improving facilities, and advancing smart mobility solutions. This initiative will bolster competitiveness in future mobility technologies, particularly in electrification and hydrogen energy. Hyundai and Kia plan to expand their EV footprint and introduce American-made electric vehicles starting next year. The company is also committed to developing the hydrogen ecosystem and launching a subsidiary focused on Urban Air Mobility. Collaborations with local partners will support fuel cell technology innovation.