Tag: hyundai motor

hyundai motor

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Hyundai targets growth in Brazil with localized vehicles and hydrogen

The automaker plans to ramp up productivity in the South American country with flexible-fuel hybrid manufacturing and hydrogen projects as Chinese rivals gain ground.

2026.7.30

With Chinese humanoid robots banned from U.S., can Atlas chart a path to the lead in the market?

Washington expanded its crackdown over security, data and supply chain concerns, opening the door for the likes of Boston Dynamics' Atlas to benefit.

2026.7.30

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Hyundai union strikes again this week as labor unrest spreads from chips to cars, ships and steel

A labor law change and a windfall bonus deal at Samsung has set off a string of collective action across industrial sectors.

2026.7.29

Hyundai, Kia face profitability dilemma as high EV sales squeeze margins

Record revenue at Hyundai Motor and Kia was overshadowed by falling margins as fast-growing EV sales in Korea and Europe shifted the product mix toward less profitable models.

2026.7.29

Hyundai second quarter profit slides 11.2% on costs, production losses

Higher costs and supplier fire-related production losses hit the automaker's earnings despite stronger sales and exchange-rate gains.

2026.7.23

Hyundai Motor, HD Hyundai Heavy unions set to strike over bonuses, retirement age

Negotiations at both Ulsan heavyweights have stalled, with a range of demands from labor rebuffed by management as the auto and shipbuilding sectors brace for downstream effects.

2026.7.20

Hyundai Motor union to double partial strike hours as negotiations stall

Day-shift workers will strike from 10:50 a.m. to 3:30 p.m., and night-shift employees will do the same from 7:30 p.m. to 12:10 a.m. the following day, potentially halting production for up to eight hours a day.

2026.7.17

Hyundai Motor Group weighs buying SoftBank’s remaining Boston Dynamics stake

The automaker said it is reviewing an acquisition of SoftBank’s final 9.65 percent stake in Boston Dynamics, a move that could speed up its long-term robotics strategy.

2026.7.16

Subscription economy shifts into overdrive with monthly plans for features, batteries and even tires

Hyundai, Tesla Korea and others are expanding vehicle-related subscriptions in Korea, lowering upfront expenses but raising concerns about long-term ownership costs.

2026.7.14

Shares nosedive almost 9% on tech losses amid Middle East tensions

Korean stocks tumbled after heavy sell-offs of Samsung Electronics and SK hynix, as renewed Middle East tensions and market volatility pushed the won lower.

2026.7.13