Hyundai Motor offers a compelling investment with a P/E of under 4 and a 9.62% dividend yield, despite low visibility in western markets. The company is committed to the BEV transformation, with its Electric-Global Modular Platform and new models like the Ioniq 9 enhancing its competitive edge. Hyundai's global vehicle sales reached 6.5 million units in 2023, reflecting 6.9% growth, with a focus on SUVs, luxury vehicles, and BEVs for 2024.
Hyundai Motor unveiled its first three-row electric SUV on Wednesday, pushing into a market for big family cars that global automakers hope will one day be a profit powerhouse.
Hyundai Motor's newest all-electric vehicle is the 2026 Ioniq 9 SUV – a three-row, up to seven-passenger SUV for the U.S. market. The new vehicle is Hyundai's largest EV entry to date, joining the smaller Ioniq 5 and Ioniq 6 all-electric vehicles in the carmaker's growing fleet.
South Korean authorities launched an investigation on Tuesday after three workers died during a car test at a Hyundai Motor plant in the South Korean city of Ulsan, police said.
Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1. Munoz will succeed current President and CEO Jaehoon Chang, who is being promoted to the vice chair of Hyundai – Automotive Division.
Hyundai Motor will name Jose Munoz, the current global chief operating officer, as its new chief executive officer later on Friday, a news report said, citing unnamed industry sources.
Turnkey platform expected to be adopted by multiple global automakers WATERLOO, ON and SEOUL, SOUTH KOREA / ACCESSWIRE / November 6, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced Hyundai Mobis, a subsidiary of the Hyundai Motor Group, has selected BlackBerry QNX to power its next-generation digital cockpit platform. Hyundai Mobis will use the QNX® Hypervisor for Safety and QNX® Advanced Virtualization Frameworks (QAVF) to provide a safe, secure and reliable software foundation for its next generation digital cockpit platform, which is expected to be commercialized by many of the company's OEM customers.
Hyundai Motor Company (OTCPK:HYMTF) Q3 2024 Results Conference Call October 24, 2024 1:10 AM ET Company Participants Michael Yun - Head, Investor Relations Seung Jo Lee - Senior Vice President and CFO Lee Gyusuk - Senior Vice President Conference Call Participants Eun Young Yim - Samsung Securities Kyung Jae Hwang - Merrill Lynch Securities Yongkwan Moon - Shinyoung Securities Michael Yun Hello. This is Michael Yun, Head of IR team.
Prashanth Tapse of Mehta Equities believes Hyundai Motor India has long-term growth potential thanks to its lead in the sports utility and electric vehicle segments. He suggests that 1,700 to 1,750 rupees is a good entry point into the stock given some short-term challenges.
Hyundai India's stock market debut might be off to a rocky start, but @Chiranjivi_25 explains why India's IPO frenzy is far from over. Here's a look at the poor response to the record $3.3 billion listing Click Here
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.
South Korea's Hyundai Motor Co reported on Thursday a 7% fall in third-quarter operating profit in a sign that the global slowdown in car demand is affecting the industry outperformer.