hyundai

Government, Business, Technology, Fuel

Hydrogen Cars a Step Closer in Sydney After Hyundai Supply Deal

A hydrogen tank cover is seen on the Hyundai Tucson Fuel Cell vehicle. A hydrogen tank cover is seen on the Hyundai Tucson Fuel Cell vehicle. (Jonathan Alcorn/Bloomberg News)

Hydrogen-powered vehicles could soon be more common on the streets of Australia’s biggest city after Hyundai Motor Co. reached a supply deal for the zero-emission fuel with local producers.

James Thornhill | Bloomberg News
August 10, 2020
Business, Equipment, Safety

Kia Recalls SUVS, Vans on Electrical Problem That Can Cause Fires

The Kia recall includes Sorento SUVs from 2007 through 2009 and Sedona minivans from 2006 to 2010. The Kia recall includes Sorento SUVs from 2007 through 2009 and Sedona minivans from 2006 to 2010. (Jae C. Hong/Associated Press)

Kia is joining its affiliate Hyundai in recalling thousands of vehicles in the U.S. because water can get into a brake computer, cause an electrical short and possibly a fire.

Tom Krisher | Associated Press
February 21, 2020
Government, Business, Safety

Hyundai Halts South Korea Output as Coronavirus Causes Parts Shortage

Workers assemble cars on the production line of a Hyundai plant in Beijing, China, in March 2013. Workers assemble cars on the production line of a Hyundai plant in Beijing, China, in March 2013. (Tomohiro Ohsumi/Bloomberg News)

Hyundai Motor Co. is halting production in South Korea this week because of a component shortage caused by the coronavirus, the first global automaker to suspend output outside China because of the outbreak.

Kyunghee Park | Bloomberg News
February 4, 2020
Business, Technology, Equipment, Fuel

Hyundai Looks to Bring Hydrogen Fuel-Cell Concept Class 8 to US

The Hyundai HDC Neptune tractor on display at NACV The Hyundai HDC-6 Neptune tractor on display at NACV. (John Sommers II for Transport Topics)

ATLANTA — Hyundai Motor Co. announced prototypes of a zero-emissions hydrogen fuel cell-powered Class 8 on-highway tractor and a refrigerated trailer with cryogenic cooling technology intended, potentially, for the U.S. market.

Roger Gilroy | Senior Reporter
October 29, 2019
Business, Technology, Autonomous, TCA

Hyundai to Start Mass Production of Driverless Cars in 2024

Hyundai vehicle SeongJoon Cho/Bloomberg News

South Korean carmaker Hyundai Motor Group will start mass production of self-driving cars within the next five years, said Chung Euisun, the heir to the auto giant, as he made a hefty investment in a joint venture the company established with Aptiv on Sept. 23.

Cho Chung-Un | Asia News Network
September 30, 2019
Business, Technology, Autonomous

Hyundai to Set Up $4 Billion Driverless Car Venture

Hyundai SeongJoon Cho/Bloomberg News

Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a traditional carmaker into the burgeoning robocar industry.

Kyunghee Park | Bloomberg News
September 23, 2019
Business, Technology

Hyundai Set to Penetrate US Pickup Market

Hyundai Hyundai Santa Cruz (Raymond Boyd/Bloomberg News)

Hyundai Motor Co. expects to enter the U.S. pickup market soon with what likely is to be an American-made vehicle aimed at luring buyers who aren’t traditional truck owners, an executive said July 8.

Chester Dawson | Bloomberg News
July 9, 2019
Business, Technology

Hyundai Plans $40 Billion in Spending Over Next Five Years

Hyundai Krisztian Bocsi/Bloomberg News

Hyundai Motor Co. joined automakers pledging massive spending in the years ahead to address the industry’s transformation and fend off new competition from the likes of Tesla Inc.

Ville Heiskanen | Bloomberg News
February 27, 2019
Business, Logistics

China’s Car Slowdown Begins to Bite as Hyundai Lays Off Workers

Hyundai Logo SeongJoon Cho/Bloomberg News

As China’s car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world’s biggest market.

Sohee Kim | Bloomberg News
January 25, 2019
Business, Technology, Fuel

Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output

Hyundai David Paul Morris/Bloomberg News

Hyundai Motor Group and its suppliers plan to spend $6.7 billion (7.6 trillion won) through 2030 to raise production of fuel cells more than 200-fold as the South Korean automaker targets becoming a key player in new-energy vehicle technology.

Sohee Kim | Bloomberg News
December 12, 2018

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