Hyundai Motor Gd Stock Price, News & Analysis

Hyundai's IONIQ 5 N has been named The Drive's Best EV of 2024, securing a back-to-back win for the brand following IONIQ 6's victory in 2023. The high-performance electric SUV features 601 horsepower, with an additional 40 horsepower through N Grin Boost function.

The vehicle stands out for its innovative N e-Shift technology, which simulates an eight-speed dual-clutch transmission, and N Active Sound+ system featuring three distinct powertrain soundtracks through a 10-speaker system. The Drive praised the vehicle for delivering a unique driving experience that doesn't feel like a typical EV, competing successfully against more expensive alternatives.

Hyundai Motor America has been named Money's Best Automaker Brand for the Money 2025, marking the first time this award has been given. The company received recognition in 8 of 11 vehicle categories during Money's third annual Best Cars program, where editors evaluated over 50 new vehicles based on comfort, reliability, fuel economy, and value.

Notable achievements include the IONIQ 6 and IONIQ 5 winning Best Overall in Electric Cars and SUVs categories respectively. The company's success was attributed to its comprehensive warranty coverage, including the 10-year/100,000-mile powertrain warranty, and its broad range of feature-rich vehicles with impressive fuel efficiency.

Hyundai Motor Group Innovation Center Singapore (HMGICS) marked its first anniversary with Executive Chair Euisun Chung at a town hall meeting on December 12th, 2024. The center has achieved significant milestones in its inaugural year, implementing an intelligent cell-based production system and advancing manufacturing technology through AI, robotics, and digital twin technology.

Key achievements include the 2023 production of the IONIQ 5—Singapore's first locally built EV—and the 2024 debut of the IONIQ 6. The facility has enhanced customer experience through immersive Discovery Tours and opened Na Oh, a Korean restaurant led by three-Michelin-Star Chef Corey Lee. HMGICS increased its local workforce by 30% in 2024, focusing on R&D and engineering roles.

The innovation hub will serve as a blueprint for future global manufacturing sites, including Hyundai Motor Group Metaplant America in Georgia and the Ulsan electric vehicle plant.

Hyundai Motor Company has appointed Randy Parker as CEO of Hyundai and Genesis Motor North America, effective Jan. 1, 2025. Parker, who will maintain his role as CEO of Hyundai Motor America, succeeds José Muñoz, who has been promoted to president and CEO of Hyundai Motor Company. Under Parker's leadership since joining in 2019, Hyundai has achieved remarkable growth, setting all-time retail sales records for three consecutive years. Parker became the first African American to lead a major OEM regional market when appointed CEO of Hyundai Motor America in 2022.

In his expanded role, Parker will oversee all Hyundai operations in the U.S., Canada, and Mexico, Genesis operations in the U.S. and Canada, and Hyundai's manufacturing facilities in Alabama and Georgia. HMNA's network of 1,400 dealerships sold 1.3 million Hyundai and Genesis vehicles in 2023.

Hyundai Motor Group Metaplant America (HMGMA) has announced the deployment of 21 XCIENT hydrogen fuel-cell electric trucks for clean logistics operations in cooperation with Glovis America. These Class 8 heavy-duty trucks will transport vehicle parts from HMGMA suppliers to the Megasite daily, representing over one-third of the Glovis America truck fleet at HMGMA.

The initiative demonstrates HMGMA's commitment to reducing its carbon footprint through zero-emissions technology. HTWO Logistics, a joint venture between Hyundai Motor Company and Glovis America, will install a mobile hydrogen refueling station at the Megasite, with plans for a permanent hydrogen production and refueling station in development.

Hyundai Motor America has announced a $50,000 donation to UCI Health to enhance diabetes support services at their Family Health Centers in Santa Ana and Anaheim, California. The investment, part of Hyundai's Hope initiative, will fund a specialized diabetes suite equipped with an EIDON color confocal scanner for early detection of diabetic eye disease. The donation will also support an 8-week educational program featuring group medical visits led by UCI Health's interdisciplinary team, focusing on various aspects of diabetes management including nutrition, health habits, and stress management.

Hyundai Motor America reported record-breaking November sales of 76,008 units, an 8% increase compared to November 2023. The company achieved significant growth in electrified vehicles, with hybrid total sales jumping 114% and EV sales growing 70%. Notable performers included Santa Fe HEV (+64%), Tucson PHEV (+23%), Tucson HEV (+227%), and IONIQ 5 (+110%). Retail sales climbed 15%, with EV retail sales up 77% and hybrid retail sales growing 104%. The company also unveiled the new IONIQ 9 electric SUV and announced several industry awards for various models.

Hyundai Motor Company unveiled its new IONIQ 9 all-electric SUV at the Goldstein House in Beverly Hills, ahead of the Los Angeles Auto Show. The company's first three-row electric SUV strengthens its position in the global EV market. The World Premiere event, attended by over 300 global media representatives, showcased the vehicle's spacious design and flexible seating configurations, including Universal Island 2.0 console. The IONIQ 9 embodies the concept of 'Built to Belong,' following the success of IONIQ 5 and 6 models, which were previously named World Cars of the Year.

Hyundai Motor and Kia have unveiled the 'X-ble Shoulder,' a wearable robot designed to enhance industrial efficiency and reduce musculoskeletal injuries. The device reduces shoulder load by 60% and muscle activity by 30%, particularly during overhead work. Set for commercial launch in the first half of 2025, it will initially target domestic markets before expanding internationally. The companies plan to develop additional products including the X-ble Waist for heavy lifting and X-ble MEX for rehabilitation. The technology is expected to benefit various industries including construction, shipbuilding, aviation, and agriculture.