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Hyundai

Sources say Hyundai plans to build EV plant in Georgia

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This week, sources close to the matter said that Hyundai is planning on building an electric vehicle plant close to its existing facilities in Georgia. Specific...
Hyundai

Hyundai exec. José Muñoz to oversee new projects for the automaker

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Hyundai Motor North America’s President and Chief Executive Officer, José Muñoz, is reportedly taking on more responsibilities for the automaker as he joins the company’s Board...
Hyundai

Hyundai releases Q1 results, sees a 19% increase in net profit

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Hyundai released its first-quarter results on Monday, which showed a 19% hike in net profit despite sales decreasing by almost ten percent. The automaker said various...

Hyundai and IonQ further quantum computing partnership

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Hyundai Motor Company and quantum computing firm IonQ have announced their partnership will be expanding, as they will be working on developing technology that will be...

Hyundai’s Ioniq 5 takes home three awards at NY Auto Show

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This week, various awards were given out at the New York Auto Show, and Hyundai's Ioniq 5 took home three of the big categories. The...
Hyundai

Hyundai to build hybrid Santa Fe and electric Genesis SUV in...

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At the New York Auto Show this week, Hyundai CEO Jose Munoz confirmed that the automaker plans to manufacture a hybrid version of its...
metaverse

What do car sales look like in the Metaverse?

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While the metaverse is intriguing and brands will likely start testing out new virtual spaces, what the technology will look like in just a...
Hyundai

Hyundai expects production rebound with global chip supply improvement

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On a conference call Tuesday, Hyundai Motor Co. expressed hope that the global chip shortage would abate through the second quarter of 2022. It comes after an earnings announcement that saw Hyundai’s forecasted profit halved in Q4, triggering a mild slide in stock prices. After predicting sales of more than 4.3 million units worldwide through […]
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sales

US new vehicle sales in November are down once again

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Auto sales are yet again being hindered by the ongoing supply chain issues, with a handful of automakers reporting notable drops in sales for the month of November. While a lack of sales sometimes comes when there is a drop in demand, consumers are still eager to buy new vehicles. However, they cannot find the […]
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Ryan Kerrigan

Ryan Kerrigan on how record earnings for auto retailers affects...

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On today’s edition of Inside Automotive, Ryan Kerrigan, Managing Director of Kerrigan Advisors, gives an update on the market and breaks down some of the industry’s recent headlines. Earnings are just off the charts, says Kerrigan. Quarter over quarter, the Kerrigan Index is up over 64% in aggregate for auto retailers. AutoNation and Lithia doubled […]
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