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Hyundai Motor Company Stock News

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Hyundai Motor Group is the top-ranked automaker in J.D. Power''s 2022 U.S. Vehicle Dependability Study (VDS) with its Hyundai, Kia and Genesis nameplates taking three of the industry''s top four brand rankings overall, including the top spot. Kia is the top-ranked brand overall, including all mass-market and premium brands, and Genesis is the top-ranked premium brand and fourth overall. Hyundai Motor is ranked third overall, based on VDS''s PP100 (problems per 100 vehicles) scoring criteria… Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=285133

Hyundai moving back into Japanese market with online EV sales

06:49pm, Thursday, 10'th Feb 2022 United Press International
South Korean automaker Hyundai Motor announced it will again move into the Japanese market 12 years after leaving due to disappointing sales.
New Delhi [India], February 10 (ANI): Hyundai Motor has expressed deep regrets over the offence caused to Indians due to an "unauthorized" tweet on Kashmir from the official account of the Pakistan Hyundai. "As a business policy, Hyundai Motor Company does not comment on political or religious issues in any specific region. Therefore, it is clearly against Hyundai Motor''s policy that the independently-owned distributor in
NEW DELHI, India – Global automaker Toyota Motor and fast-food chain Domino’s Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for disputed Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday, February 8, over social media posts by Hyundai Motor’s Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japan’s Suzuki Motor, majority owner of India’s biggest carmaker Maruti Suzuki, Honda Motor, and Isuzu Motor, South Korea’s Kia Motors, and Yum! Brands’ KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, February 6, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on February 5 to honor the sacrifices of Kashmiris struggling for self-determination.
Hyundai Motor Co. (OTC: HYMTF) and Kia Corp. (OTC: KIMTF) are recalling over 480,000 automobiles that are at risk of catching on fire, even if the vehicles have been turned off. What Happened: The U.S
South Korea''s Hyundai Motor Co. will re-enter the Japanese passenger car market this year, 12 years after leaving the market dominated by domestic carmakers, betting on demand for its eco-friendly cars. Hyundai Mobility Japan Co. will start taking orders for the IONIQ 5 electric vehicle and NEXO fuel cell vehicle from May for delivery beginning in July. The plan, announced Tuesday, marks Hyunda

Hyundai Motor to reenter Japan 12 years after market withdrawal

06:48am, Wednesday, 09'th Feb 2022 EconoTimes
Hyundai Motor revealed its plan to return to Japan after leaving the country 12 years ago. The South Korean automaker was forced to withdraw its business at that time due to low sales. As per Reuters, Hyundai Motor made
After Hyundai Motor Corporation, parent company of Hyundai and Kia, now Honda Motor Company and Suzuki Corporation, both the Japanese automakers have issued an apology.
[Politics] : India says it summoned South Korea''s Ambassador Chang Jae-bok to protest a social media message referring to Kashmir posted by a Pakistani partner of Hyundai Motor. The spokesperson for Indias Ministry of External Affairs, Arindam Bagchi, tweeted on Tuesday that the Indian government conveyed to [more...]

Hyundai, Kia to recall 485,000 vehicles in US

01:32am, Wednesday, 09'th Feb 2022 KoreaHerald
Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday that they will recall 485,000 vehicles in the United States

Copy_Hyundai, Kia to recall 485,000 vehicles in US

01:30am, Wednesday, 09'th Feb 2022 KoreaHerald
Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday that they will recall 485,000 vehicles in the United States
SEOUL, Feb. 8 (Yonhap) -- The top diplomats of South Korea and India held phone talks Tuesday after Korean automaker Hyundai Motor Co. faced backlash over social media posts expressing solidarity with people of Kashmir, a highly sensitive issue to Indi
(ATTN: UPDATES with details in paras 4, 10) SEOUL, Feb. 8 (Yonhap) -- South Korea''s leading carmaker Hyundai Motor Co. said Tuesday it has reentered the Japanese passenger vehicle market for the first time in 12 years, but this time with an online-only

Morai Raises USD20M in Series B Funding Round

06:54pm, Tuesday, 08'th Feb 2022 FinSMEs
Morai, a Seoul, South Korea-based developer of full-stack autonomous vehicle simulation technology, secured a USD 20m Series B funding round. The round, which brought total funding to date to USD 25m, included new investors Korea Investment Partners, KB Investment, and the state-run Korea Development Bank (KDB), as well as existing investors Naver’s D2 Startup Factory, Hyundai Motor Group’s […] The post Morai Raises USD20M in Series B Funding Round appeared first on FinSMEs .

South Korea expresses regret over Hyundai Pakistan tweet

05:22pm, Tuesday, 08'th Feb 2022 Economic Times India
South Korea expressed regret to India over an offensive social media post made by Korean carmaker Hyundai Motor''s Pakistani affiliate.On Tuesday, South Korea''s foreign minister, Chung Eui-Yong, called his Indian counterpart S Jaishankar and "expressed regret".On Monday, the Ministry of External Affairs had summoned the ambassador of Korea, thus prodding another statement by the Korean carmaker on Tuesday, this time, more unequivocal by condemning the post made by its Pakistani affiliate. Hyundai affiliate Kia also made a similar apology over “unauthorized social media posts” by a dealer based outside the country.The offensive post has since been removed. The social media unit of Hyundai''s Pakistani affiliate, on February 5, had said that it is remembering the "sacrifices of Kashmiri brothers", which led to the controversy. Pakistan observes February 5 as Kashmir Solidarity Day. A row erupted a day later on Sunday, when posts on behalf of Hyundai''s Pakistan partner Nishat Group appeared on Twitter, Facebook and Instagram.As the outrage on social media refused to fade away, the Indian government stepped in.
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