Hyundai Motor Gd Stock Price, News & Analysis

Hyundai Motor Company launched its new STARIA multi-purpose vehicle (MPV) on April 12, 2021, via a digital premiere. This launch marks a significant step in Hyundai's transformation into a Smart Mobility Solution Provider, focusing on interior usability and consumer needs.

Available in 2- to 11-seat configurations as STARIA and STARIA Premium, the vehicle aims to enhance in-car travel experiences. STARIA is set to hit select markets in the second half of 2021 as part of Hyundai's vision of 'Progress for Humanity.'

Hyundai has unveiled a development video and teaser sketches for the much-anticipated Santa Cruz Sport Adventure Vehicle. This vehicle is designed to meet the needs of urban adventurers seeking daily flexibility alongside off-road capabilities. The Santa Cruz features a bold design, efficient powertrain options, a versatile open bed for gear, advanced connectivity, and a highly maneuverable all-wheel drive platform. The design team, inspired by diverse outdoor activities, aims to enhance the vehicle's appeal for those balancing city living with outdoor exploration.

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.