S. Korean automakers Hyundai and Kia US sales bounce back in August
Hyundai and Kia announced double-digit increases in US auto sales for August compared to the same month last year. The Korean brands have seen five months of declines related to...
TSLA327.510-5.3%
GM86.765-2.585%
F13.840-0.1402%
RIVN15.930-0.43%
CYD46.9250.165%
HMC31.300-0.4%
TM188.330-1.49%
CVNA72.4800.48%
PAG218.1501.49%
LAD378.6000.275%
AN208.6400.18%
GPI265.975-0.285%
ABG209.5601.81%
SAH80.9600.35%
TSLA327.510-5.3%
GM86.765-2.585%
F13.840-0.1402%
RIVN15.930-0.43%
CYD46.9250.165%
HMC31.300-0.4%
TM188.330-1.49%
CVNA72.4800.48%
PAG218.1501.49%
LAD378.6000.275%
AN208.6400.18%
GPI265.975-0.285%
ABG209.5601.81%
SAH80.9600.35%
TSLA327.510-5.3%
GM86.765-2.585%
F13.840-0.1402%
RIVN15.930-0.43%
CYD46.9250.165%
HMC31.300-0.4%
TM188.330-1.49%
CVNA72.4800.48%
PAG218.1501.49%
LAD378.6000.275%
AN208.6400.18%
GPI265.975-0.285%
ABG209.5601.81%
SAH80.9600.35%
Hyundai
S. Korean automakers share concerns over US Inflation Reduction Act
South Korean officials will meet with agents from the US Trade Representative's office and the US Treasury to express "concerns" about the Inflation Reduction Act, signed by President Joe Biden on August 16. Officials are...
CBT automotive newscast: August 25, 2022
Inside Automotive:
Dealer Andy Wright weighs in on OEM direct-to-consumer selling models
We are hearing even more buzz surrounding the direct-to-consumer model that EV makers and some of the top OEMs are...
Hyundai, Kia US retail sales decline 11% in July, electrified car sales improve
Hyundai Motor America and sister brand Kia reported total July sales of 128,283 units, a decrease of almost 11% compared with July 2021. Sales of only four Hyundai models, the Accent, Santa Cruz,...
Georgia gives $1.8 B in tax breaks to Hyundai to build first EV plant in US
According to a signed agreement made public late last week, the state of Georgia and local governments will provide Hyundai Motor Group with $1.8 billion in tax breaks and other...
Hyundai plans to electrify its high-performance N brand with two ‘rolling lab’ concept models
Hyundai, on the other hand, is doubling down on EVs and unveiled two N brand performance EV concepts ahead of the Ioniq 5 launch — the RN22E and N Vision...
Hyundai COO José Muñoz sees strong potential in U.S. electric car market
The U.S is still behind Europe and China in the race to increase electrification. However, despite rising inflation, Hyundai Motor Company's Chief Operating Officer, José Muñoz, believes that the U.S....
South Korean trucker strike takes aim at semiconductors, clogs supply chain
In protest of the ever-escalating fuel costs, truck drivers in South Korea have taken their foot off the gas. Government predictions suggest that at least 35% of the Cargo Truckers’...
Hyundai Motor Group announces another $5 Billion investment in U.S. ventures
During a visit to Seoul this weekend, President Joe Biden met with South Korea-based Hyundai Motor Group and announced another $5 billion to its planned investment in the United States. The...
Sources say Hyundai plans to build EV plant in Georgia
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 details regarding job numbers or expected...
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