Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output
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.
Hyundai Translead Offers Air Disc Brake from Bendix Spicer
Bendix Spicer Foundation Brake’s ADB22X-LT air disc brake now is offered by trailer maker Hyundai Translead.
June 23, 2017Hyundai Merchant Marine to Buy Minority Stake in Total Terminals International
Hyundai Merchant Marine will buy a 20% stake in Total Terminals International, agreeing to a $15.6 million deal with Mediterranean Shipping Co. on Jan. 19, one day after a U.S. bankruptcy court approved MSC’s purchase from the bankrupt Hanjin Shipping Co.
ATA’s Chris Spear to Join Hyundai
Chris Spear, senior vice president at American Trucking Associations, will leave the federation in October for a position at the Hyundai Motor Co., ATA announced Sept. 10.
September 10, 2015Report: Hyundai to Enter US Commercial Heavy-Duty Truck Market
Hyundai Motor Co. said it will spend $1.8 billion by 2020 to expand its commercial-vehicle market share and enter the U.S. commercial heavy-duty truck market, Reuters reported.
February 19, 2015