US patents are given to Hyundai's "walking vehicle."

Hyundai Motor Group has taken the next step toward making its futuristic four-legged cars a reality by getting licenses for walking cars in the US.

According to the US Patent and Trademark Office on Tuesday, two patent applications for walking cars were published under the names of both...

Next-generation Korean destroyer models are revealed by HD Hyundai Heavy Industries.

The models of a next-generation Korean destroyer and other combat ships in development will be unveiled by HD Hyundai Heavy Industries.

On June 4, HD Hyundai Heavy Industries declared that it will take part in MADEX 2023, the International Maritime Defense Industry Exhibition, which wil...

LG Energy Solution and Hyundai Motor Group Set Up a Joint Venture for NA Battery Cell.

Hyundai Motor Group said on May 26 that it had signed a deal with LG Energy Solution to set up a joint venture factory in the U.S. to make battery cells for electric vehicles (EVs) by 2025.

The joint venture factory will be built in Bryan County, Georgia, where the Hyundai Motor Group M...

Hyundai forms a task force for supporting flood-affected customers

Hyundai Motor India has said that the company has formed a task force to support their customers who are affected due to heavy floods in Tamil Nadu and Pondicherry.

Highlights

• Hyundai Motor forms a task force for flood affected customers
• The...

Hyundai Mobis embraces ‘Green Acceleration’ strategy for achieving carbon-neutral goal

Hyundai Mobis, the affiliate of Hyundai Motor Group which makes auto parts has decided to adopt a “Green Acceleration” strategy. This strategy is adopted by the company to promote environment friendly business management for the future.

Highlights

SMALLEST SUV HYUNDAI CASPER IN KOREA AND INDIA SOON

HIGHLIGHTS

• Hyundai is going launch Hyundai Casper in South Korea and India, very soon.
• Production expected to start soon.
• An AX1 micro-SUV, this car is going to be the smallest SUV in India.
• Tata HBX is expected to be the biggest...

S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL

Highlights –

• S. Korea’s automobile exports rose to 53% in April.
• In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
• Hyundai Motor Co. saw its exports jump 40.3 percent in April.
• SsangY...

CHIP SHORTAGE LEADS HYUNDAI & KIA TO SUSPEND FEW ASSEMBLY LINES

Highlights –

• Chip shortage leads Hyundai & KIA to suspend few assembly lines.
• Hyundai Motor said that it will halt the No. 5 Ulsan plant that produces Tuscon and Nexo.
• KIA will suspend the No. 2 Sohari plant that makes Stonic.

VARIOUS CAR LAUNCHES POSTPONED IN INDIA DUE TO INCREASING COVID-19 CASES

HIGHLIGHTS

• India is an important market for automobiles.
• Due to surge in COVID-19 cases, the India launch of various cars has got postponed.

The second wave of COVID-19 pandemic in India has left many carmakers with no choice but pos...

S. KOREAN STOCKS END LOW OVER LIFTING OF BAN ON SHORT SELLING

Highlights –

• S. Korean stocks end low over lifting of ban on short selling.
• The benchmark Korea Composite Stock Price Index (KOSPI) fell 26.21 points, or 0.83 percent.
• Samsung Electronics stocks fell 0.24 percent to 81,500 won.
...

S. KOREAN STOCKS END UP OVER INVESTORS BUYING LOCAL STOCKS

Highlights –

• S. Korean stocks end up over investors buying local stocks.
• KOSPI stocks rose 8.58 points, or 0.27 percent.
• Samsung Electronics stocks added 0.49 percent to 828,000 won.
• Naver stocks fell 0.66 percent to 378,00...

HYUNDAI MOTOR’S NET PROFIT FOR Q1 ROSE TO $1.36 BILLION

Highlights –

• Hyundai Motor’s net profit for Q1 rose to $1.36 billion.
• The result is said to have exceeded the median forecast of 1.32 trillion won.
• Hyundai plans to focus on promoting the IONIQ 5 all-electric model.
• I...

S. KOREAN STOCKS END UP ON THURSDAY ON OVERSOLD STOCKS

Highlights –

• S. Korean stocks end up on Thursday on oversold stocks.
• KOSPI rose 5.86 points, or 0.18 percent.
• Samsung Electronics retreated 0.24 percent to 82,400 won.
• SK Hynix stocks climbed 0.38 percent to 133,000 won.

S. KOREAN STOCKS END UP ON MONDAY OVER KOSPI RISE

Highlights –

• S. Korean stocks end up on Monday over KOSPI rise.
• KOSPI rose 0.22 points, or 0.01 percent.
• Samsung Electronics stocks retreated 0.72 percent to 83,300 won.
• Samsung Biologics stocks fell 0.12 percent.

S. KOREAN STOCKS END UP; KOSPI ACHIEVE 3,200 POINT MARK

Highlights –

• S. Korean stocks end up; KOSPI achieve 3,200 point mark.
• KOSPI rose 4.29 points, or 0.13 percent.
• Samsung Electronics stocks lost 0.24 percent to 83,900 won.
• SK Hynix stocks ended at 137,500 won.

HYUNDAI, KIA ESTIMATES COMBINED Q1 NET PROFIT TO RISE

Highlights –

• Hyundai, KIA estimates combined Q1 net profit to rise.
• The two carmakers estimate solid earnings over robust sales of SUV and high-end models.
• Hyundai expects a net profit of US$1.18 billion in the first quarter.
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S. KOREAN STOCKS ROSE ON HOPES OF BETTER EARNINGS

Highlights –

• S. Korean stocks rose on hopes of better earnings.
• The KOSPI rose 33.49 points, or 1.07 percent.
• Samsung Electronics stocks rose 0.96% to 84,000 won.
• Naver stocks rose 0.78% to 388,500 won.

In...

S. KOREAN STOCKS FELL OVER INCREASED VALUE OF U.S CURRENCY

Highlights –

• S. Korean stocks fell over increased value of U.S currency.
• KOSPI fell 8.58 points, or at 0.28 percent.
• Samsung Electronics stocks lost 0.97 percent.
• Naver stocks gained 0.13 percent.

Due to i...

HYUNDAI TO ESTABLISH HIGH-SPEED CHARGING EV CHARGING STATIONS

Highlights –

• Hyundai to establish high-speed charging EV charging stations.
• The charging infrastructure will be under the name of “E-pit”.
• The charging stations will be able to charge 80% of their EV battery capacity in 18...

S. KOREA’S EXPORTS OF AUTOMOBILES INCREASE BY 35 PERCENT IN FEBRUARY

Highlights –

• S. Korea’s exports of automobiles increase by 35 percent in February.
• In February, outbound shipments of automobiles were 161,886 units.
• Hyundai saw overseas sales increase by 40.4 percent in terms of units.
...