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Hyundai Motor Company (HYMTF)

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In Texas, Hyundai ramps up safety clinics to combat auto theft

In Texas, Hyundai ramps up safety clinics to combat auto theft

Hyundai is kicking off its 29th anti-theft clinic in Texas this weekend as it works to ensure that car owners have the necessary updated software installed.

Foxbusiness | 1 year ago
Hyundai rules out special worker share allocation despite protests, sources say

Hyundai rules out special worker share allocation despite protests, sources say

South Korean carmaker Hyundai Motor has ruled out any special allocation of shares to Indian workers in its forthcoming mammoth Indian stock market listing, despite employee demands, sources close to the matter said on Friday.

Reuters | 1 year ago
Hyundai is accused of falsely inflating EV sales in the US to appease its South Korean owners

Hyundai is accused of falsely inflating EV sales in the US to appease its South Korean owners

A new lawsuit accuses Hyundai of artificially inflating its EV sales numbers. The lawsuit said one manager told a dealer he had to "hit a number" to appease Hyundai's South Korean owners.

Businessinsider | 1 year ago
Lawsuit accuses Hyundai of faking US sales data for electric cars

Lawsuit accuses Hyundai of faking US sales data for electric cars

A group of Hyundai Motor dealers has sued the South Korean automobile giant in Chicago federal court for allegedly inflating sales numbers for electric vehicles while punishing franchises that would not participate in the ruse.

Reuters | 1 year ago
Hyundai Motor, South Korea union reach tentative wage deal, says union

Hyundai Motor, South Korea union reach tentative wage deal, says union

Hyundai Motor Co reached a tentative wage agreement with its South Korean labour union on Monday, a union official said, potentially avoiding a strike and production losses in South Korea, the carmaker's biggest manufacturing base.

Reuters | 1 year ago
Hyundai Motor, LG Energy Solution launch Indonesia's first EV battery plant

Hyundai Motor, LG Energy Solution launch Indonesia's first EV battery plant

South Korea's Hyundai Motor Group and LG Energy Solution (LGES) on Wednesday inaugurated Indonesia's first battery cell production plant for electric vehicles with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.

Reuters | 1 year ago
Hyundai Motor, LG Energy Solution launch Indonesia's first EV battery cell plant

Hyundai Motor, LG Energy Solution launch Indonesia's first EV battery cell plant

South Korea's Hyundai Motor Group and LG Energy Solution on Wednesday launched Indonesia's first battery cell production plant for electric vehicles with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.

Reuters | 1 year ago
You've Been Warned! 3 Flying Cars Stocks to Buy Now or Regret Forever.

You've Been Warned! 3 Flying Cars Stocks to Buy Now or Regret Forever.

It is difficult to find a more challenging market than the flying cars market. Not only do rigorous technical challenges have to be solved for electrical vertical take-off and landing (eVTOL) vehicles to be viable, but the regulatory framework has to be in sync to facilitate growth, making it essential to identify the right flying car stocks to buy.

Investorplace | 1 year ago
Exclusive: Hyundai India IPO banks set for country's 2nd biggest payday with $40 mln fee, sources say

Exclusive: Hyundai India IPO banks set for country's 2nd biggest payday with $40 mln fee, sources say

Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in fees, three sources said, a windfall in a market where banks typically struggle to make money given cost-conscious clients and fewer big deals.

Reuters | 1 year ago
Hyundai Motor's union in South Korea votes to strike -union official

Hyundai Motor's union in South Korea votes to strike -union official

Hyundai Motor's unionised workers in South Korea voted for possible strike action after talks with the company over wage increases and an extension of the retirement age stalled, the automaker's union said on Monday.

Reuters | 1 year ago
Breakingviews: Hyundai's India IPO will have imitators

Breakingviews: Hyundai's India IPO will have imitators

If Hyundai Motor's up to $3 billion initial public offering of its Indian business crystallises a premium valuation as easily as expected, other multinationals could rush to list their local operations in the South Asian nation.

Reuters | 1 year ago
From Santro to Shah Rukh Khan: how Hyundai captured India's car market

From Santro to Shah Rukh Khan: how Hyundai captured India's car market

The Indian unit of South Korea's Hyundai Motor Co. has submitted a request for an initial public offering (IPO) to India's financial regulatory body, marking a significant milestone for the car manufacturer on Dalal Street, Mumbai's equivalent of Wall Street. This move comes more than twenty years after Hyundai first entered the Indian market.

Invezz | 1 year ago
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