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Hyundai Motor Group News

13 Oct 2024

Hyundai, Kia Eye Record EV Sales Of 1 Lakh Units In US This Year

The automaker invested 401.6 billion won ($304.2 million) in the 60,000 square-meter facility, completely rebuilding it on an existing plant site to facilitate the company's next-generation vehicle production.

25 Aug 2024

Hyundai Motor, Kia EVs Receive Top Ratings In Major Global Crash Safety Tests

The models are the Genesis GV60, Hyundai's Ioniq 5 and Ioniq 6, and Kia's EV6 and EV9. The same models also received top-tier ratings in crash evaluations conducted by the Insurance Institute for Highway Safety (IIHS) in the United States.

Hyundai Motor Group

14 Sep 2018

Hyundai Motor Group heir apparent named as chief vice chairman

South Korea`s government has called for reform of the country`s family-owned conglomerates, known as chaebols.

Hyundai Motor Group

09 Jun 2015

Hyundai Motor Group to cut domestic operating expenses

South Korea`s Hyundai Motor Group, squeezed by slowing sales, plans to cut domestic operating expenses, with the savings depending on its sales performance in the third and fourth quarters, a spokesman said on Tuesday.

Hyundai Motor Group

19 May 2015

Hyundai Motor Group plans expansion in infra sector in India

Hyundai Motor Group Tuesday expressed its desire to expand its business into sectors like construction and railways in India, where it is currently the largest exporter of cars.

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