Latest news and articles about Hyundai from NEX English
Kia Motors has announced a 20% reduction in its electric vehicle sales target for 2030, lowering it to 1 million vehicles due to declining demand and the cancellation of government subsidies in the U.S. The company's shares fell by 4.2% following this announcement.
Hyundai's CEO, José Munoz, unveiled an ambitious plan to invest $26 billion in the production of trucks and sports cars in the United States. This move aims to compete with Ford and meet the rising demand for electric and hybrid vehicles.
Hyundai has announced the strengthening of its partnership with FIFA through a new campaign titled 'The Future Starts Now' at the 2026 New York International Auto Show. The campaign aims to promote innovation in mobility and robotics.
Hyundai Motor has warned that the ongoing conflict in the Middle East may disrupt its exports to Europe and North Africa. This warning reflects the increasing pressures on global supply chains amid geopolitical and economic crises.
The Hyundai IONIQ 6 N has been awarded the title of <strong>Global Performance Car for 2026</strong> during a ceremony held in <strong>New York</strong>. This achievement highlights Hyundai's significant advancements in the electric vehicle sector.
Hyundai has announced its victory with <strong>21 awards</strong> at the <strong>IF Design Award 2026</strong>, showcasing its commitment to innovation and advanced design. This achievement enhances the company's position in the global market and reflects the quality of its products.
Hyundai Motor Company announced record sales of electric vehicles in South Korea for March, reaching 7,809 units, reflecting a significant 38% increase compared to the same period last year.
The escalation of military tensions on the Korean Peninsula has led to a significant drop in stock prices in South Korea, raising concerns among investors. This decline reflects fears of a potential escalation of conflict in the region.
Hyundai has unexpectedly halted the sale of its Palisade 2026 model and recalled over 61,000 vehicles after a tragic incident resulted in the death of a child due to a serious technical fault in the seating system.