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Hyundai, South Korea
Hyundai steps up investment plans
HMG, South Korea’s largest automotive group comprising Hyundai Motor and Kia Corporation, made public its investment plans after its executive chairman, Chung Euisun, urged the company’s executives and other staff to “guard against pessimism” amid the country’s current political turmoil and sluggish economic performance.
Hyundai Motor Group to invest record $16.7 billion in South Korea this year
South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record 24.3 trillion won ($16.65 billion) this year to ensure growth as it navigates political turmoil as well as U.
Hyundai plans record $16.7 bln investment in South Korea
South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record high of 24.3 trillion won ($16.65 billion) this year to secure future growth even as it grapples with economic and political uncertainties.
Hyundai Motor Group to invest $16 bil. in Korea's next-generation mobility
Hyundai Motor Group announced a plan, Thursday, to invest 24.3 trillion won ($16.67 billion) in Korea this year, in a preemptive move to develop cutting-edge mobility solutions, focusing on electrification,
Hyundai Motor Group to invest $16.7 billion in South Korea this year
Hyundai Motor Group, including Hyundai Motor and Kia Corp, plans to invest 24.3 trillion won ($16.65 billion) in South Korea this year, it said in a statement on Thursday. That is a 19% increase from a year ago,
(LEAD) Hyundai Motor Group pledges record 24.3 tln-won investment in S. Korea to strengthen competitiveness
Hyundai Motor Group on Thursday pledged to invest a record 24.3 trillion won (US$16.6 billion) in South Korea this year to bolster future competitiveness amid uncertain global business environments. The annual investment plan represents a more than 19 percent increase from last
Hyundai to invest $16.6 billion in Korea in 2025, half of them for R&D
Hyundai Motor Group will invest an all-time high of 24.3 trillion won ($16.4 billion) in Korea in 2025, with almost half of them for research and development (R&D) to boost the domestic mobility environment.
Elon Musk, Trump and Hyundai
Hyundai CEO says Elon Musk's bromance with Trump will be good for Tesla's rivals
Hyundai CEO Jose Munoz said he thinks the Tesla CEO's influence over the Trump administration may be positive for the rest of the auto industry.
Hyundai’s New CEO Says Musk-Trump Friendship Is A “Positive” For All Carmakers
The new president and chief executive of Hyundai isn’t concerned about Elon Musk’s close relationship with Donald Trump. Jose Munoz, who took the top job at the carmaker on January 1, added Hyundai has invested heavily in the US as it views it as its “most important market,” and not because of incentives provided under the Biden administration.
Musk-Trump Relationship Good for All Carmakers, Hyundai CEO Says
I don’t see that as a concern, honestly."
NOLA.com
1d
Hyundai planning new multibillion dollar steel mill in south Louisiana; see details
South Korean automaker Hyundai is planning a steel mill in Donaldsonville that would supply its Hyundai and Kia auto plants ...
1h
Hyundai Motor To Invest Record $16.6 Bn In South Korea
South Korea's Hyundai Motor Group said Thursday it plans to make a record $16.6 billion investment in the country, boosting EV and AI development, as it navigates geopolitical challenges and ...
15h
on MSN
Hyundai and Kia lose ground in their home country
Hyundai and Kia are at a critical juncture in their home market. Declining domestic sales, political unrest, and BYD's entry ...
newsbytesapp.com
1h
CES 2025: Hyundai unveils world's first full-windshield holographic display
Hyundai Mobis, the top auto parts maker for Hyundai, Genesis, and Kia, has unveiled the world's first full-windshield ...
19h
‘World’s first’ ammonia-powered ship undergoes construction at HD Hyundai plant
HD Hyundai Mipo begins construction on the world's first ammonia-powered vessel for EXMAR, marking a major milestone in ...
41m
Hyundai Creta Electric Interiors Revealed In Full Glory Ahead Of Launch
The Hyundai Creta Electric will be available in two battery options: a 42 kWh battery that offers a range of 390 km on a ...
CarDekho
2h
Hyundai Creta Electric To Get More Features Than ICE Model
The Korean marque has also announced certain dimensions figures for the Hyundai Creta EV, which will also be coming with a 22 ...
4h
Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South Korea ...
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