Hyundai

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) is seeing weaker demand for its vehicles in the United States for numerous reasons, including increased competition from foreign automakers launching new vehicles in the United States. While Tesla’s foe, BYD Co (OTC:BYDDY), poses a threat to...

Tesla Inc (NASDAQ:TSLA) owners have been subject to increased reports of vandalism and targeted attacks as the electric vehicle company faces declining brand value in the wake of CEO Elon Musk's continued political push. Those same owners could be in for another challenge in 2025: increased...

Earlier this month, top executives from South Korea’s shipbuilding conglomerate Hyundai Heavy Industries Group and Palantir Technologies (NASDAQ:PLTR) met to push forward AI-driven shipyard innovation and future defense capabilities. What Happened: HD Hyundai executive vice Chairman Chung...

Tesla Inc (NASDAQ:TSLA) stock soared after Donald Trump won the 2024 presidential election, helping CEO Elon Musk become the first person worth more than $400 billion. While Musk's political push and Trump friendship might have been good for the stock, a new report showed it could have hurt Tesla's...

Amazon.com, Inc. (NASDAQ:AMZN) announced the launch of Amazon Autos on Tuesday. Car shoppers in 48 U.S. cities can order, finance and schedule pickup of a new Hyundai from a local dealer directly on Amazon. The Details: Amazon Autos is initially rolling out with new Hyundai vehicles and customers...

Hyundai Motor (OTC:HYMTF) and Kia Corp are together recalling over 208,000 electrified vehicles in the U.S. citing concerns about a loss of driving power, the National Highway Traffic Safety Administration (NHTSA) said on Friday. What Happened: The recall population includes 145,235 Hyundai...

In response to the appearance of pro-Nazi content on Elon Musk’s social media platform, X, South Korea’s leading automaker Hyundai has decided to halt its advertising. This decision comes after a sponsored post from Hyundai was found next to anti-Semitic and pro-Nazi posts. What...

The South Korean government has introduced a new EV policy aimed at supporting domestic automakers Hyundai and Kia while addressing the competitive threat posed by Tesla Inc.’s (NASDAQ:TSLA) Model Y and Chinese juggernaut BYD Co (OTC:BYDDY) (OTC:BYDDF). What Happened: The...

Workers at the sole Hyundai Motor Co. (OTC:HYMTF) plant in the U.S., located in Alabama, have unionized with the United Auto Workers (UAW). What Happened: The UAW has successfully recruited 30% of the workforce at the Alabama Hyundai plant, reported The Hill on Thursday. This marks the third public...

In a move to stay competitive and maintain its skilled workforce, Hyundai Motor (OTC:HYMTF) has announced a significant wage increase for its production teams in Alabama and Georgia. What Happened: The South Korean automaker declared the new wage structure on Sunday, which will...

South Korean automaker Hyundai (OTC:HYMTF) has announced a reduction in lease rates on its IONIQ 5 and IONIQ 6 electric vehicles (EVs), offering some of the lowest rates since their launch. According to a report by Electrek on Monday, Hyundai is dropping the lease prices of...

South Korean automaker Hyundai Motors (OTC:HYMTF) is set to manufacture electric vehicles (EVs) for Chinese EV maker Arcfox, a brand co-owned by BAIC Motor Corp. (OTC:BMCLF). As per a report from the Korean Economic Daily Global, the two companies have agreed to produce Arcfox EVs at Hyundai...

Electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) has made headlines in 2023 for its Model Y becoming one of the bestselling vehicles worldwide. Price cuts and incentives have made the vehicle more affordable for some and has led to the vehicle being chosen over other EV rivals or traditional...

Three new electric vehicles (EVs) have been awarded the prestigious Insurance Institute of Highway Safety (IIHS) Top Safety Pick+ award. The recipients are the 2023 models of the Hyundai (OTC:HYMTF) Ioniq 6, Lexus (OTC:TOYOF) RZ and Genesis Electrified GV70, Electrek...

A conglomerate of labor unions and civic groups is launching a campaign to press global automaker Hyundai (OTC:HYMTF) and Joe Biden-led administration to ensure job protection and adequate worker training as part of the transition to electric vehicles, The New York Times reported. ...