Hyundai Motor Gd Stock Price, News & Analysis

Hyundai Motor has unveiled the all-new Kona N SUV, featuring a new N dual-clutch transmission (DCT) designed for performance enthusiasts. This eight-speed, wet-type DCT combines the thrill of a manual with the convenience of an automatic, enhancing acceleration and responsiveness. With a 2.0-liter turbocharged engine producing approximately 276 horsepower, the Kona N focuses on high performance and driving dynamics. Exclusive features like N Grin Shift, N Power Shift, and N Track Sense Shift optimize driving experiences. Tested rigorously at the Nürburgring, the Kona N promises durability and high performance.

Hyundai Motor America announced a historic performance for March 2021, reporting total sales of 75,403 units, a 115% increase compared to March 2020. This marks their best month ever, with record sales in key models like the Palisade and Kona. Retail sales reached 72,740 units, growing 153%, while Q1 sales totaled 157,470 units—a 38% year-over-year increase. Despite a 58% drop in fleet sales, the overall market share is projected to grow as the new Tucson model arrives in dealerships.

Hyundai has unveiled a teaser sketch of the 2022 Santa Cruz Sport Adventure Vehicle, marking a new segment in the SUV, Truck, and Crossover markets. Set to be produced in Montgomery, Alabama, this innovative vehicle features a bold design, flexible open bed, and advanced connectivity. With powerful powertrain options and all-wheel drive, the Santa Cruz aims to cater to urban and adventure-oriented drivers. The vehicle is anticipated to redefine practical driving and meet evolving consumer needs.

Hyundai Motor America announces the launch of its new Usage-Based Insurance (UBI) program, enabling drivers to potentially save on auto insurance through personalized pricing based on driving habits, in collaboration with Verisk (Nasdaq: VRSK). The UBI program integrates a Driving Score tool that assesses driving behavior for potential discounts, supporting safe driving practices. The Verisk Data Exchange, with over 240 billion miles of data, facilitates insurers in offering discounts based on driver behavior. This initiative is significant for younger customers and enhances Hyundai's digital services.

Hyundai Motor Company recently unveiled the design features of its new multi-purpose vehicle (MPV) lineup, STARIA, ahead of its digital world premiere in 2021. Designed with an 'inside-out' approach, STARIA emphasizes spacious interiors and a futuristic exterior, appealing to both families and businesses. The lounge-inspired interior provides a luxurious, open atmosphere, while the streamlined silhouette enhances aesthetics. This vehicle sets the stage for future Purpose Built Vehicles (PBVs), reflecting Hyundai's commitment to meeting evolving consumer needs.

Hyundai Motor America announces a new initiative providing 2021 Kona Electric and Ioniq Electric owners with 250 kWh of complimentary charging on Electrify America's network, equivalent to about 1,000 miles of driving range. The Electrify America fast-charging network, rated Number One by umlaut Inc., comprises over 2,400 ultra-fast chargers, with 96% of the U.S. population living within 120 miles of a station. This effort aims to enhance EV adoption and provide users with reliable access to charging options.

Hyundai announced the addition of N Line and Plug-in Hybrid models to the 2022 Tucson lineup on March 16, 2021. The Tucson N Line aims to attract enthusiasts with enhanced styling and features, including unique alloy wheels and a sporty interior. The Plug-in Hybrid boasts a 261 horsepower powertrain, 32 miles all-electric range, and an impressive 70 MPGe fuel economy. Both models utilize advanced technologies like Continuously Variable Valve Duration (CVVD) and offer Hyundai's Complimentary Maintenance and America's Best Warranty® for enhanced customer experience.

Hyundai Motor Company has unveiled teaser images of its new multi-purpose vehicle (MPV) lineup, STARIA, highlighting its premium variant, STARIA Premium. The design features a futuristic aesthetic with a streamlined silhouette, spacious interior, and driver-centric innovations. STARIA is positioned to enhance productivity and comfort for both business and family use, aligning with Hyundai's vision of being a Smart Mobility Solution Provider. Further design details are expected in the coming weeks.

Hyundai Motor Group announced the appointment of Ben Diachun as the new chief technology officer for its Urban Air Mobility Division, effective immediately. Diachun, with over 20 years of experience in aerospace, aims to advance the Division's technology strategy to bring Hyundai's urban air mobility vehicles to market by 2028. Previously, he served as CEO at Opener and president at Scaled Composites, contributing to the development of 16 groundbreaking aerospace vehicles. His leadership is viewed as essential for integrating UAM technology into existing mobility infrastructure.