|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40.97 - 42.75|
|52 Week Range||25.56 - 42.75|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||3.13|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 30, 2021|
|1y Target Est||N/A|
Subscribe to Yahoo Finance Plus to view Fair Value for HYMTFLearn more
Hyundai Motor Company today announced its first heritage exhibition 'PONY, the timeless' at Hyundai Motorstudio Seoul. The exhibition is presented as part of the newly launched Hyundai Heritage project that reflects on the past and future of the brand, and will open to the general public from June 9. The project also heralds the publication of RETRACE, a collection book and magazine series that celebrates the brand's heritage.
New York City is suing Kia and Hyundai Motor after a rise in vehicle thefts, saying the carmakers have been negligent and created a public nuisance by manufacturing cars that are too easy to steal. In a filing to the Southern District of New York Tuesday, the city said surging thefts of the cars have endangered residents and drained law enforcement resources after Kia and Hyundai didn’t install industry-standard antitheft devices. The automakers have been under pressure because of the increase in car thefts spurred by social-media videos, and public officials have urged a recall.
New York City has filed a lawsuit against Hyundai and Kia, joining a host of other cities beset by a social media fueled wave of car thefts due to a flaw that made some car models highly susceptible to theft. The reason is that some models sold by Hyundai and Kia in the U.S. came without engine immobilizers, a standard feature on most cars since the 1990s that prevent the engine from starting unless the key is present. The lawsuit, which was filed with the U.S. District Court in the Southern District of New York late Tuesday, alleges that Hyundai Motor America and Kia America Inc. failed to keep up with other automakers by not adopting immobilizer technology that ensured cars could not be started without their keys.
Viral TikTok videos on how to steal the vehicles led to a surge in crime, says the city’s law department
NEW YORK (Reuters) -New York City on Tuesday sued Hyundai Motor Co and Kia Corp, accusing the South Korean automakers of negligence and creating a public nuisance by selling vehicles that are too easy to steal. The most populous U.S. city joined several other major cities that have sued Hyundai and Kia over the thefts, including Baltimore, Cleveland, Milwaukee, San Diego and Seattle. In a complaint filed in Manhattan federal court, New York faulted the automakers' failure from 2011 to 2022 to install anti-theft devices called immobilizers on most of their cars, making them "nearly unique" among automobile manufacturers.
Hyundai received the most vehicles awarded across new- and used-car categories in the 2023 Best Cars for Teens by U.S. News & World Report. Four new Hyundai models were featured in addition to two older Hyundai models in the used car category. These awards highlight vehicles that score well in multiple factors including crash prevention, available and standard features, dependability, reliability, and are highly recommended for teen drivers. The Hyundai models were selected for their standard sa
Hyundai Motor America announced a new partnership with Savannah State University, and the continuation of its partnership with Memorial Health Dwaine & Cynthia Willett Children's Hospital of Savannah and Safe Kids Savannah. As Hyundai expands its presence in Georgia, the company seeks to invest back into the community by supporting organizations doing important work in the fields of education and safety. Ceremonial checks were presented to the two organizations in Georgia.
Hyundai Motor America reported total May sales of 70,001 units, an 18% increase compared with May 2022. Hyundai set best-ever total sales in May for Elantra HEV (+152%), Elantra N (+70%), IONIQ 5 (+28%), Santa Fe HEV (+266%), Tucson PHEV (+206%), Tucson HEV (+95%) and Santa Cruz (+12%). Hyundai fleet sales were 5,931 and represented 8.5% of total volume for the month.
Hyundai celebrated both National Public Works Week and National Beach Safety Week at the Marine Safety Santa Cruz Vehicles Ribbon-Cutting on Thursday, May 25, where four Hyundai vehicles were donated to support the Marine Safety Division's work of keeping beachgoers safe in the City of Santa Cruz. With an approximate value of $164,000, The four-vehicle donation is the largest vehicle donation to a city by Hyundai Motor America to date.
The automakers rolled out a software update in February aimed at stopping a surge in vehicle thefts, but the problem continues to plague car owners.
Hyundai Motor Group and LG Energy Solution announced that they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in Georgia.
The National Salute to America's Heroes presented by Hyundai returns to Miami Beach for the seventh year this Memorial Day weekend May 27-28, 2023. The patriotic two-day event is designed to pay tribute and honor military and first responders and includes the Hyundai Air & Sea Show®, U.S. Army SaluteFest™, Music Explosion™ presented by Hyundai, and a display village with interactive exhibits, simulators, and entertainment for the whole family to enjoy.
The electric vehicle (EV) market has gained a lot of traction in the past few years. This trend is due to a couple of reasons: one, governments worldwide have been pouring money into the industry, usually via subsidies, and two, consumers have begun shifting their preferences from carbon emissions vehicles. As this industry receives record levels of investment from governments and ordinary investors alike and continues to pique the interest of consumers, stock market investors should be on the l
LG Energy Solution (LGES) and Hyundai Motor Co, Ltd (OTC: HYMTF) disclosed an EV battery cell manufacturing joint venture in the U.S. Friday. LGES and Hyundai Motor inked a deal to produce EV batteries in the U.S., further accelerating the Group's electrification efforts in North America. Youngsoo Kwon, CEO of LGES, and Jaehoon Chang, President and CEO of Hyundai Motor, personally inked the deal at LGES's headquarters in Seoul. LGES and Hyundai Motor Group will each hold a 50% stake in the JV, w
Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in southeast Georgia. Hyundai Motor Co. CEO Jaehoon Chang said in a statement that the battery plant would “create a strong foundation to lead the global EV transition,” explaining the company wants to speed up efforts to produce electrified Hyundai and Kia vehicles in North America. “Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry,” Chang said.
South Korea's Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits. Manufacturers must adhere to new U.S. sourcing requirements for EV battery components and critical minerals so that buyers of their vehicles can qualify for up to $7,500 in tax credits under the Inflation Reduction Act (IRA). Vehicles from Hyundai Motor Co and sister automaker Kia Corp are currently not eligible.
(Bloomberg) -- South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. will invest 5.7 trillion won ($4.3 billion) to produce electric-car batteries in the US to comply with President Joe Biden’s clean energy tax law, which seeks to encourage domestic production and reduce reliance on Chinese suppliers. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaki
SEOUL (Reuters) -South Korea's Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits. Vehicles from Hyundai Motor Co and sister automaker Kia Corp are currently not eligible. Hyundai and LGES said construction of the factory in the state of Georgia will begin in the second half of 2023, with battery production starting at the end of 2025 at the earliest.
A South Korean company will build a $40 million factory in coastal Georgia to make heating and cooling systems near a Hyundai Motor Group auto assembly plant. Hanon Systems announced Tuesday that it would build the plant in Statesboro, with plans to hire at least 160 new employees. Hanon Systems is the eighth major supplier to locate in the region after Hyundai said in 2022 that it would build a $5.5 billion plant to assemble electric vehicles and batteries in Ellabell, Georgia.
Hyundai Motor was dreaming up an answer to Tesla when the company’s top executive sent its lead designer a photo of a bizarre-looking car that last rolled off assembly lines more than 70 years ago. The Hyundai electric car that drew inspiration from the Scarab’s eye-catching streamline design, the Ioniq 6, has been a hit with critics. Hyundai and Kia, the sibling Korean carmakers, have long had a reputation for making inexpensive, uninspiring cars.
For Hyundai Motor Company's first-ever appearance at the prestigious Concorso d'Eleganza Villa d'Este this week in Lake Como, Italy, Hyundai Motor exhibited its N Vision 74 concept, catching the attention of the world-famous classic car and prototype show's guests.
Hyundai Motor America and Kia America said Friday they have reached a settlement to resolve a class-action lawsuit prompted by a surge in vehicle thefts. The settlement could be valued at $200 million and covers about 9 million 2011-2022 model year Hyundai and Kia vehicles in the U.S., the companies said. The cars are not equipped with push-button ignitions and immobilizing anti-theft devices.
Korean automakers Hyundai Motor Co (OTC: HYMTF) and Kia Corp (OTC: KIMTF) have agreed to pay $200 million to settle the consumer class-action lawsuit. The companies faced suit related to rampant thefts of the vehicles inspired by a viral social media challenge on TikTok. The settlement includes up to $145 million for out-of-pocket losses for customers who lost their cars, covering around 9 million U.S. owners, Reuters reported. According to National Highway Traffic Safety Administration, the soc
Hyundai Motor Company today celebrated the restoration of the Pony Coupe Concept at Hyundai Reunion held at historic Villa Pliniana in Lake Como, Italy.
Hyundai Motor Company's recreated Pony Coupe Concept has made its world premiere — nearly 50 years after its original debut — in Lake Como, Italy. Originally unveiled at the 1974 Turin Motor Show, the Pony Coupe Concept is an important vehicle in the company's history and design heritage.