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Results for "Hyundai Motor Group"

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Hyundai Chief Meets Asante King to Deepen Ghana Ties
WorldKorea Herald1mo ago

Hyundai Chief Meets Asante King to Deepen Ghana Ties

Hyundai Motor Group Executive Chair Chung Euisun met the king of the Asante Kingdom during a recent visit to Ghana, highlighting the South Korean automaker’s growing ties with the West African country.

Hyundai showcases hydrogen value chain at Tokyo expo
TechnologyKorea Herald5mo ago

Hyundai showcases hydrogen value chain at Tokyo expo

Hyundai Motor Group said Tuesday it will showcase its hydrogen technologies across the full value chain at the H2&FC Expo in Tokyo, as it steps up efforts to position itself as a global hydrogen solutions provider. Held at Tokyo Big Sight, the expo is one of the world’s leading hydrogen and fuel cell industry events, bringing together companies to present next-generation technologies and discuss market trends. At the event, Hyundai will operate a booth centered on HTWO, its hydrogen brand and bu

Genesis Unveils Flagship Electric SUV GV90
Businessazernews5d ago

Genesis Unveils Flagship Electric SUV GV90

Genesis, Hyundai Motor Group’s luxury brand, has unveiled its first full-size flagship electric SUV, the GV90, which is expected to offer a driving range of approximately 500 kilometers.

Hyundai and Kia Achieve Record US Sales in July Driven by Hybrid Demand
BusinessKorea Herald22d ago

Hyundai and Kia Achieve Record US Sales in July Driven by Hybrid Demand

Hyundai Motor Group reported record US sales in July, with a combined 165,284 vehicles sold by Hyundai Motor and Kia, marking a 5 percent increase from the previous year. This growth was primarily driven by a significant surge in demand for hybrid vehicles, which offset a decline in electric-vehicle sales.

Hyundai Eyes Full Ownership of Boston Dynamics
BusinessKorea Herald2mo ago

Hyundai Eyes Full Ownership of Boston Dynamics

Hyundai Motor Group is reportedly considering swapping its US artificial intelligence research arm for SoftBank's remaining stake in Boston Dynamics, aiming for full ownership of the robotics company.

Innocean and SBVA Launch Startup Growth Platform
BusinessKorea Herald2mo ago

Innocean and SBVA Launch Startup Growth Platform

Innocean, Hyundai Motor Group's advertising arm, has partnered with venture capital firm SBVA to launch UP 2026, a platform designed to foster collaboration with high-growth startups and identify new business opportunities.

Hyundai Glovis Expands US Logistics Network with New Hubs
TechnologyKorea Herald4mo ago

Hyundai Glovis Expands US Logistics Network with New Hubs

Hyundai Glovis, the logistics arm of Hyundai Motor Group, is expanding its presence across the United States by opening new major facilities on both the East and West Coasts. This move aims to bolster its supply chain competitiveness amid evolving market conditions.

Hyundai Motor Group to unveil robotics, autonomy roadmap at Kia Investor Day on April 9
TechnologyKorea Herald5mo ago

Hyundai Motor Group to unveil robotics, autonomy roadmap at Kia Investor Day on April 9

Hyundai Motor Group plans to unveil key strategies for autonomous driving and humanoid robotics at an upcoming investor event hosted by Kia next month, highlighting the group’s push to commercialize physical AI-based technologies. According to local media reports Friday, senior technology leaders across the group will present commercialization roadmaps at Kia’s Investor Day on April 9. Speakers are expected to include Park Min-woo, president of Hyundai Motor Group’s Advanced Vehicle Platform div

How Boston Dynamics IPO could unlock Hyundai Motor Group’s ownership overhaul
BusinessKorea Herald5mo ago

How Boston Dynamics IPO could unlock Hyundai Motor Group’s ownership overhaul

Hyundai Motor Group’s decadeslong effort to streamline its complex ownership structure could finally gain momentum. The catalyst is not a new SUV, but the company behind the back-flipping humanoid robot Atlas. Boston Dynamics, the auto-to-steel conglomerate’s US robotics unit, will work toward a long-anticipated initial public offering on the Nasdaq this year, according to sources. With a potential listing as early as 2027, the company is expected to select underwriters and file for a preliminar

President says Hyundai’s Saemangeum bet will reshape southwest economy
BusinessKorea Herald5mo ago

President says Hyundai’s Saemangeum bet will reshape southwest economy

President Lee Jae Myung said Hyundai Motor Group’s more than $6 billion plan to build an innovation growth hub on reclaimed land in North Jeolla Province could “completely reshape the economic map” of South Korea’s southwestern region. Lee attended an investment signing ceremony on Friday, as Hyundai unveiled a 9 trillion won ($6.26 billion) plan to build a suite of advanced facilities encompassing artificial intelligence, robotics and clean energy in Saemangeum, home to Korea’s largest land rec

Hyundai Expands SUV and EV Presence in Brazil
BusinessKorea Herald26d ago

Hyundai Expands SUV and EV Presence in Brazil

Hyundai Motor Group's chief visited Brazil to outline plans for expanding its SUV lineup, pursuing local electric vehicle production, and strengthening R&D efforts in the country. This strategy aims to counter the rapid growth of Chinese automakers in Latin America’s largest auto market.

Hyundai Motor Group Acquires Full Control of Boston Dynamics
TechnologybloombergNYTmarketwatch+4YahooKorea Heraldchannel-news-asiaseeking-alpha1mo ago7 sources

Hyundai Motor Group Acquires Full Control of Boston Dynamics

Hyundai Motor Group has purchased SoftBank's remaining 10% stake in Boston Dynamics, making the robotics company a wholly owned subsidiary and solidifying Hyundai's push into advanced robotics and future mobility solutions.

Kakao Bank Appoints Former Kia Executive as Global Head
BusinessKorea Herald2mo ago

Kakao Bank Appoints Former Kia Executive as Global Head

Kakao Bank has announced the appointment of Kim Woo-joo, a former global business executive at Kia, as the new head of its global division. Kim brings nearly three decades of experience from Hyundai Motor Group and Kia to his new role.

Hyundai Motor tops Volkswagen in profit for first time
BusinessKorea Herald5mo ago

Hyundai Motor tops Volkswagen in profit for first time

South Korea’s Hyundai Motor Group recorded the world’s second-largest operating profit among global automakers last year, surpassing Germany’s Volkswagen Group for the first time, industry data showed Wednesday. The group — which includes Hyundai Motor, Kia and luxury brand Genesis — posted 20.5 trillion won ($13.95 billion) in operating profit in 2025. That placed it behind only Toyota Group, which topped the list with 4.3 trillion yen ($27.15 billion) in operating profit. Industry watchers sai