Hyundai Motor and affiliate Kia Motors on Monday said that their combined global sales will increase 12.1% in 2022, even as last year’s sales couldn’t meet the sales target due …
Hyundai
-
-
The National Highway Traffic Safety Administration (NHTSA) has stepped up its investigation into engine fires that have affected some Hyundai Motor and Kia Motors vehicles for over six years. NHTSA said …
-
Hyundai Motor said it will be investing in H2 Mobility network of hydrogen fuelling station operators. Already a partner in the project since 2017, the automaker’s German subsidiary will become …
-
SoftBank Group said on Monday that Hyundai Motor Group had finished the acquisition of robotics firm Boston Dynamics. The deal, which was announced in December 2020 and valued the maker …
- Hyundai
Hyundai to face production issues from April as chip shortage continue
by SpeedLuxby SpeedLuxA widespread chip shortage affecting automakers worldwide is expected to disrupt production at Hyundai Motor’s operations from April, the Financial Times reported on Wednesday, mentioning a person with direct knowledge …
- Hyundai
Hyundai Motor to buy controlling stake in Boston Dynamics from SoftBank
by SpeedLuxby SpeedLuxHyundai Motor and its chairman have agreed to purchase a controlling stake in Boston Dynamics from SoftBank Group in a deal that values the U.S.-based robot maker at $1.1 billion. …
-
Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform in early 2021 that will use its own battery technology to reduce production time and costs. The …
- General MotorsHyundai
Hyundai faces lawsuit over EV fires as General Motors starts recall
by SpeedLuxby SpeedLuxHyundai Motor is being sued over a range of battery fires in its electric vehicles (EVs), just as General Motor recalls almost 70,000 EVs with batteries from the same maker, …
- Hyundai
Hyundai, Kia warns of $2.9 billion hit to revenues over U.S. quality woes
by SpeedLuxby SpeedLuxHyundai Motor and affiliate Kia Motors have warned of another $2.9 billion of provisions associated with engine issues, bringing their total hit from the years-long quality problem that has tarnished …
-
Hyundai Motor and auto supplier Aptiv PLC have named their self-driving joint venture Motional, the companies stated on Tuesday. Established a year ago, the $4-billion venture is developing a wholly …
