Ultime notizie per Hyundai Motor (OTC:HYMTF) Azioni

Hyundai Motor

Hyundai Motor Co is engaged in the manufacturing and distribution of motor vehicles and parts. The business of the group is operated through a vehicle, finance, and other segments. Its vehicle segment is engaged in the manufacturing and sale of motor vehicles. The finance segment operates vehicle financing, credit card processing, and other financing activities. Others segment includes the research and development, train manufacturing and other activities. The company derives majority of the revenue from vehicle segment.

Trump shutterstock_2551951959

Equities

News

Markets

HYMTF

NVDA

SFTBF

L&#39;amministrazione celebra gli investimenti privati con i leader aziendali globali, in un contesto di incertezza sulle politiche commerciali.

Trump riunisce i CEO (Nvidia, J&amp;J, Toyota) per l&#39;evento &#34;Investing in America&#34;

HYUNDAI MOTOR REG S by Hyundai Motor Co., Ltd.

Hyundai Motor Co

President Donald Trump says he will personally phone chief executives who make business moves he dislikes, a tactic he deployed last week with Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos over planned tariff disclosures on the e‑commerce giant's site.
What Happened: In an <a href="https://www.nbcnews.com/politics/donald-trump/trump-call-ceos-plans-prices-tariffs-rcna204702">interview</a> on NBC's "Meet the Press," Trump recounted calling Bezos after Punchbowl News reported Amazon might label import fees tied to the administration's new 145% tariff on Chinese goods. "He's just a very nice guy," Trump said. "I asked him about [the <a href="https://www.benzinga.com/media/25/04/45086459/amazon-pressures-suppliers-for-discounts-may-show-tariff-related-costs-on-haul-site">tariff disclosure</a>]. He said, ‘Well, I don't want to do that,' and he took it off immediately." Amazon later confirmed the low‑cost Haul storefront had only "considered" the idea and dropped it.
Trump insisted he would ring any CEO whose actions he deemed "hurtful to the country." He framed tariffs not as consumer taxes but as incentives to reshore manufacturing. "The company eats the tariff," he told moderator Kristen Welker.
Asked whether fewer toys on store shelves would mark success, Trump replied, "Maybe the children will have <a href="https://www.benzinga.com/trading-ideas/25/05/45144516/trump-a-grinch-or-santa-for-christmas-children-will-have-two-dolls-instead-of-30-dolls">two dolls instead of thirty</a>. … We don't have to waste money on a trade deficit with China for junk we don't need."
See also: <a href="https://www.benzinga.com/personal-finance/25/05/45192749/ray-dalio-says-chasing-wealth-without-purpose-is-a-tragedy-dont-make-money-itself-the-goal">Ray Dalio Says Chasing Wealth Without Purpose Is A Tragedy: &#8216;Don&#8217;t Make Money Itself The Goal&#8217;</a>
Why It Matters: Economist Peter Schiff <a href="https://www.benzinga.com/news/25/05/45152587/trumps-call-to-jeff-bezos-over-amazons-tariff-display-earns-peter-schiffs-ire-type-of-stuff-you-migh">blasted Trump's call</a> to Jeff Bezos, calling it "the type of stuff you might expect to see in China." Sen. Elizabeth Warren followed up with a pointed letter to the Amazon founder, asking if Trump's angry phone call pushed Bezos to kill the tariff‑label plan in exchange for "promises or favors." <a href="https://www.benzinga.com/government/25/05/45128591/elizabeth-warren-asks-jeff-bezos-if-trump-threatened-retaliation-or-offered-favors-after-calling-him-very-nice-for-amazons-reversal-on-showing-tariff-fees">Warren warned</a> that scrubbing tariff costs "keeps consumers in the dark" and could signal a corrupt quid‑pro‑quo between Big Tech and the White House.
Days later, Trump marked his first 100 days back in office by welcoming more than <a href="https://www.benzinga.com/markets/equities/25/04/45060579/nvidia-johnson-johnson-hyundai-toyota-softbank-ceos-to-join-trump-at-white-house-as-he-touts-inv">two dozen corporate chiefs</a> to the White House. He used the "Investing in America" event to spotlight new spending commitments from powerhouses such as NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), Hyundai Motor (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>), Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>), according to officials who briefed Reuters.
Image via Shutterstock
Read next: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45192936/wall-street-veteran-investor-lowers-recession-risk-as-us-china-trade-war-cools">Wall Street Veteran Investor Lowers Recession Risk As US-China Trade War Cools</a>

Politics

AMZN

Donald Trump Vows To 'Call' Up CEOs Who Make Business Moves That Displease Him, Explains Why He Phoned Jeff Bezos To Scrap Amazon's Tariff Disclosure

<a href="https://asia.nikkei.com/Business/Automobiles/Hyundai-to-employ-humanoid-Atlas-robots-at-U.S.-plant-in-Georgia">https://asia.nikkei.com/Business/Automobiles/Hyundai-to-employ-humanoid-Atlas-robots-at-U.S.-plant-in-Georgia</a>

General

'Hyundai to employ humanoid Atlas robots at U.S. plant in Georgia'- Nikkei

To commemorate his first 100 days back in office, President Donald Trump will host more than two dozen top executives and CEO&#8217;s at the White House this week to highlight a range of investments from some of the biggest companies in the world.
What Happened: Leaders from NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), Hyundai Motor (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>), Toyota Motor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) are expected to be present at the "Investing in America" event on Wednesday, according to White House officials who spoke to Reuters. 
Trump intends to showcase recent investments in sectors like healthcare, defense, artificial intelligence, and consumer goods.
In January, Trump announced a private-sector pledge of up to $500 billion toward <a href="https://www.benzinga.com/news/25/01/43400191/openais-100-billion-texas-stargate-data-center-will-reportedly-employ-just-57-people-with-57600-annual-salaries">AI infrastructure</a> with support from OpenAI, SoftBank, and Oracle.
See Also: <a href="https://www.benzinga.com/25/04/45059552/goldman-sachs-reportedly-tells-countries-want-a-deal-keep-trump-happy">Want a Trade Deal? Keep Trump Happy, Goldman Sachs Reportedly Tells Countries</a>
Why It Matters: The event comes amid <a href="https://www.benzinga.com/markets/equities/25/04/44970516/boeing-adjusts-strategy-amid-trump-tariff-fallout-ceo-kelly-ortberg-says-wont-build-aircraft-for-customers-who-will-not-take-them-as-china-halts-deliveries">rising concerns </a>from industries dealing with tariff-induced disturbances. While Trump repeatedly <a href="https://www.benzinga.com/25/04/44811525/trump-hypes-500b-nvidia-investment-in-us-ai-supercomputers-golden-age-of-america-begins">called on global companies</a> to expand U.S. operations, automakers and manufacturers have expressed concerns over policy clarity and regulatory consistency. 
"I need clarity, and then I need consistency," said GM CEO Mary Barra last week, according to Reuters.
Despite the ambiguity, recent investments —like <a href="https://www.whitehouse.gov/articles/2025/03/more-investment-more-jobs-and-more-money-in-americans-pockets/">Hyundai's $21 billion U.S. commitment</a> and a new $5.8 billion steel plant in Louisiana — are being presented as proof of economic optimism. 
According to Reuters, White House spokesperson Kush Desai said, "Trillions in historic investment commitments since President Trump was elected from industry leaders including TSMC, Apple, and Roche demonstrate resounding confidence in the U.S. economy and dollar under this administration."
Still, with many companies waiting for more definitive trade policies before planning expansions, Trump's pitch this week will show how far investor confidence can hold amid the changing landscape. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/25/04/45047432/trump-says-i-run-the-country-and-the-world-yet-polls-plummet">Trump Says &#8216;I Run The Country And The World,&#8217; Yet Polls Plummet</a></li>
</ul>
Image Via Shutterstock

Nvidia, Johnson & Johnson, Hyundai, Toyota, SoftBank CEOs To Join Trump At White House As He Touts Investment Surge In First 100 Days: Report

<ul>
<li>HTWO Energy Savannah will serve Hyundai's new Hyundai Motor Group Metaplant America (HMGMA), utilizing XCIENT hydrogen heavy-duty fuel cell trucks for Clean Logistics</li>
<li>Phase one to create a scalable Class-8 hydrogen refueling solution, in collaboration with HTWO Logistics (Fleet Operations), HydroFleet (Hydrogen Refueling), and Capital Development Partners (Overall Development)</li>
<li>Phase two plans include commercial vehicle electric charging capability</li>
<li>HTWO Energy Savannah marks a significant step forward in the decarbonization of emissions-intensive port operations and major logistics corridors</li>
</ul>

Reported Earlier, Hyundai Announces HTWO Energy Savannah To Power Zero-Emission Heavy-Duty Trucking Near Port Of Savannah

HII (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HII#NYSE">HII</a>) and HD Hyundai Heavy Industries (HHI), two of the world's leading shipbuilders across multiple classes of ships, signed a memorandum of understanding (MOU) today to explore opportunities to collaborate on accelerating ship production in support of defense and commercial shipbuilding projects. The signing ceremony took place in HII's booth at Sea Air Space, the largest global maritime expo in North America, and was attended by HII Executive Vice President and President of Ingalls Shipbuilding Brian Blanchette and Won-ho Joo, chief executive of the naval &amp; special ship business unit at HHI.

HII And HD Hyundai Heavy Industries Sign MOU To Explore Opportunities To Collaborate On Accelerating Ship Production In Support Of Defense And Commercial Shipbuilding Projects

Tesla, Inc. (NASDAQ: TSLA) found itself on the wrong side of a historic surge in U.S. auto sales last month, with March vehicle sales slipping 8% year-over-year despite a broader industry boom.
According to JPMorgan analyst Ryan Brinkman, U.S. light vehicle sales soared 14% as buyers rushed to dealerships ahead of steep new 25% tariffs on auto imports. This buying frenzy pushed the seasonally adjusted annual rate (SAAR) to an impressive 17.8 million &#8211; the highest since April 2021.
But for Tesla, it was anything but a victory lap.
Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/25/04/44586927/tesla-stock-is-stuck-in-reverse-can-model-y-refresh-shift-gears">Tesla Stock Is Stuck In Reverse &#8211; Can Model Y Refresh Shift Gears?</a>
<h2 class="wp-block-heading">EV Demand Softens As Tesla Loses Ground</h2>
While overall battery electric vehicle (BEV) penetration declined sequentially from 7.8% in February to 7.0% in March, Tesla's grip on the EV market weakened further. Brinkman notes that Tesla's U.S. BEV market share slid to 40.1% in March, a sharp drop from 44.9% in February and a significant decline from 50.7% a year ago. This contraction, as highlighted by Brinkman, underscores growing competitive pressure as legacy automakers and newer entrants chip away at Tesla's dominance.
<h2 class="wp-block-heading">Pricing Pressures, Shifting Landscape</h2>
Tesla's decline comes as industry-wide vehicle prices remain resilient, even in the face of new tariffs. Brinkman points out that the average transaction price (ATP) for new vehicles hit $44,849 in March, up 1.4% year-over-year. Automakers largely held firm on pricing, leveraging the late-month demand surge to limit discounting. 
However, with tariffs expected to drive up costs across the board, Brinkman suggests that Tesla may have less flexibility to compete aggressively on price—especially as rivals ramp up production and expand their EV offerings.
<h2 class="wp-block-heading">The Road Ahead</h2>
With tariffs set to push vehicle prices higher and overall auto sales projected to decline later in 2024, Tesla faces an increasingly challenging market. Brinkman emphasizes that while the company has historically relied on price cuts to stimulate demand, its effectiveness in maintaining market share is waning. 
Meanwhile, competitors like General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Hyundai Motor Company (OTCPK: HYMTF) /Kia gained market share in March, highlighting a shifting competitive dynamic in the EV space.
As the industry braces for the full impact of tariffs, Brinkman believes Tesla's ability to navigate these headwinds will be critical in determining its trajectory in the months ahead.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/04/44601458/teslas-european-sales-decline-for-3rd-consecutive-month-amid-china-competition-ceo-elon-musks-political-controversies">Tesla&#8217;s European Sales Decline For 3rd Consecutive Month Amid China Competition, CEO Elon Musk&#8217;s Political Controversies</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Long Ideas

Analyst Ratings

Tech

Trading Ideas

TSLA

Tesla's March Slump Stands Out As Competitors Surge Amid Tariff-Driven Rush

Two major Michigan business organizations have warned that President Donald Trump&#8216;s planned 25% tariffs on imported vehicles and parts would severely damage the state&#8217;s auto-dependent <a href="https://www.benzinga.com/25/03/44577203/tom-lee-says-markets-are-deeply-oversold-expects-bitcoin-to-lead-rebound-as-investors-fear-trumps-tariff-impact">economy and harm the working class</a>.
What Happened: The Detroit Regional Chamber and MichAuto urged the administration on Monday in a letter to halt the tariffs set to take effect on Thursday, cautioning they would cause &#8220;significant price increases&#8221; for American consumers and &#8220;profound&#8221; pain in Michigan, where one in five jobs is automotive-related.
&#8220;The tariff policies proposed will increase prices, drive down consumer demand, and therefore, lower the profitability of our companies, directly impacting the hardworking Americans who assemble the iconic vehicles,&#8221; the letter stated. 
The groups noted that Michigan houses over 1,000 automotive suppliers, many being small and medium-sized businesses with fragile balance sheets that depend on predictable supply chains. Price increases would &#8220;disproportionately&#8221; affect working-class and middle-class families, potentially causing consumers to keep older vehicles longer.
See Also:&nbsp;<a href="https://www.benzinga.com/25/03/44576728/bitcoin-ethereum-dogecoin-rise-as-trumps-foray-into-btc-mining-analyst-highlights-spike-in-one-of-the-most-important-key-stakeholder-tiers-in-crypto" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Rise As Trump Family Foray Into BTC Mining: Whale Wallet Spike ‘Slight Sign Of Confidence,' Says Analyst</a>
Why It Matters: Republican opposition to the tariffs is growing. Sen. Susan Collins (R-Maine) plans to support a resolution to terminate the national emergency declaration used to justify the tariffs, calling them &#8220;a huge mistake.&#8221; Sen.&nbsp;Rand Paul&nbsp;(R-Ky.) and Sen.&nbsp;Thom Tillis&nbsp;(R-N.C.) have <a href="https://www.benzinga.com/news/global/25/04/44578477/gop-senators-call-trumps-25-canada-tariff-a-huge-mistake-as-republican-opposition-grows-markets-fear-economic-disruption">expressed similar concerns</a>.
The Alliance for Automotive Innovation, representing General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), and others, has warned that the tariffs will increase vehicle costs for consumers.
Markets have shown volatility amid tariff uncertainty, with technology stocks like Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) driving much of the recent quarterly decline in major indexes.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/media/25/03/44577045/intels-new-ceo-lip-bu-tan-says-trump-administration-ready-to-help-beleagured-chipmaker-warns-bureaucracy-kills-innovation" target="_blank" rel="noreferrer noopener">Intel's New CEO Lip-Bu Tan Says Trump Administration Ready To Help Beleaguered Chipmaker, Warns ‘Bureaucracy Kills Innovation'</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

STLA

Trump's 25% Tariff On Imported Vehicles Could Shatter Detroit's Auto Economy, Warns Business Leaders: 'It Will Hurt Hardworking Americans'

<ul>
<li>The Group introduced its software brand Pleos&nbsp;and outlined&nbsp;plans for its software-centric&nbsp;'Cloud Mobility'&nbsp;ecosystem&nbsp;at Pleos 25 developer conference</li>
<li>Proprietary&nbsp;vehicle&nbsp;OS&nbsp;unveiled to boost&nbsp;SDV&nbsp;performance&nbsp;and scalability&nbsp;based on E&amp;E architecture</li>
<li>Pleos Connect&nbsp;next-generation infotainment system to launch in Q2 2026; will be applied to more than 20 million vehicles by 2030</li>
<li>Pleos Playground, an open development platform,&nbsp;established to facilitate vehicle control and app development process and diversify the in-vehicle app ecosystem</li>
<li>The Group's&nbsp;Next Urban Mobility Alliance introduced as a public-private partnership to connect and optimize the transportation environment&nbsp;</li>
<li>Plans to expand SDV ecosystem unveiled, strengthening collaborations&nbsp;with Google, Uber, Samsung, Naver, SOCAR and Unity</li>
</ul>

Hyundai Unveils 'Pleos' At Developer Conference, Showcasing Cloud Mobility Vision And Next-Gen Infotainment For 20M Vehicles By 2030

Hyundai Motor Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>) has officially <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/n44506497/hyundai-motor-group-metaplant-america-celebrates-grand-opening-powering-u-s-economic-growth" rel="noreferrer noopener">inaugurated its </a><a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/n44506497/hyundai-motor-group-metaplant-america-celebrates-grand-opening-powering-u-s-economic-growth" rel="noreferrer noopener">Metaplant America</a> (HMGMA) in Georgia. The facility, situated in Ellabell, represents a key component of the Group&#8217;s $12.6 billion investment in the region and is expected to boost U.S. manufacturing capacity.
The grand opening ceremony featured Hyundai Motor Group Executive Chair Euisun Chung, Governor Brian P. Kemp, and U.S. Representative Buddy Carter, among other executives and local leaders.
The facility, which took two and a half years to develop, will manufacture up to 500,000 electric and hybrid vehicles annually for the Hyundai, Kia, and Genesis brands.
Hyundai&#8217;s growth in the U.S. took off with a deal struck with the state of Georgia in May 2022, leading to the plant&#8217;s groundbreaking in October of that year.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/03/44497833/exxon-mobil-eyes-semiconductor-boom-with-99-999-pure-isopropyl-alcohol-production-expansion-details" rel="noreferrer noopener">Exxon Mobil Eyes Semiconductor Boom With 99.999% Pure Isopropyl Alcohol Production Expansion: Details</a>
Two years later, in October 2024, the first vehicle, a Hyundai IONIQ 5, came off the production line and since then, the plant has started manufacturing the IONIQ 9, with Kia&#8217;s inaugural model from the facility expected to launch in 2026.
&#8220;Hyundai Motor Group Metaplant America not only represents the Group&#8217;s advanced manufacturing capabilities and commitment to innovation, but also our investment in relationships with our partners and communities right here in&nbsp;Georgia,&#8221; said&nbsp;Chung.
Initially, the plant will manufacture 300,000 vehicles per year, with plans to scale up to 500,000 annually. The facility will produce both fully electric and hybrid models.
The financial commitment to HMGMA, which includes collaborations with battery makers LG Energy Solution and SK On, stands as an important economic initiative in Georgia&#8217;s history.
By 2031, the facility is projected to create 8,500 jobs, playing a role in generating a total of 40,000 direct and indirect employment opportunities statewide.
Hyundai has already invested over $20.5 billion in the U.S., supporting more than 570,000 jobs. Looking ahead, the Group has pledged an <a target="_blank" href="https://in.benzinga.com/25/03/44469082/hyundai-announces-21-billion-us-investment-amid-tariff-pressure-trump-calls-it-vindication-of-his-administrations-use-of-levies" rel="noreferrer noopener">additional $21 billion investment </a>from 2025 to 2028, with $9 billion allocated to expanding its U.S. production capacity.
In addition to HMGMA, Hyundai&#8217;s U.S. manufacturing footprint includes Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia.
Price Action: HYMTF shares closed at $53.53 on Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/03/44491397/dollar-tree-q4-earnings-surpass-estimates-unloads-family-dollar-for-1b" target="_blank" rel="noreferrer noopener">Dollar Tree To Offload Family Dollar Business For $1 Billion</a></li>
</ul>
Photo via Shutterstock.

Hyundai's Metaplant Opens In Georgia, Expanding EV Production

<ul>
<li>Hyundai Motor Group Metaplant America, the key pillar of the Group's $12.6 billion investment in Georgia and the largest economic development project in the state's history, is now open</li>
<li>Vehicle assembly and battery plant will produce up to 500,000 electric and hybrid vehicles annually for Hyundai, Kia and Genesis brands</li>
<li>Hyundai Motor Group commits to an additional $21 billion investment from 2025 to 2028 to drive U.S. manufacturing growth</li>
<li>Since entering the U.S., Hyundai Motor Group has invested $20.5 billion in the U.S., creating directly and indirectly more than 570,000 American jobs</li>
</ul>

Reported Earlier, Hyundai's New Georgia Metaplant Powers U.S. Job Growth And Innovation, Backed By $20B+ In American Investment

Hyundai Motor Reveals Teaser Images Of INSTEROID Dream Car Concept

<a href="https://www.youtube.com/watch?v=wHCne-M-Y1U" title="https://www.youtube.com/watch?v=wHCne-M-Y1U">https://www.youtube.com/watch?v=wHCne-M-Y1U</a>

Government

Macro Economic Events

Regulations

Economics

Hyundai Chairman Euisun Chung Says Will Purchase $3B Worth Of U.S. LNG

President Trump Says Hyundai Steel Plant Part Of Larger $21B Investment In U.S.; Hyundai Plant Will Produce More Than 2.7M Metric Tons Of Steel A Year

President Trump Says Hyundai To Make $5.8B Investment In Louisiana Steel Plant; Will Create More Than 1400 Jobs; Hyundai Will Not Have To Pay Any Tariffs

Hyundai Motor And Tate Announce Máret Ánne Sara As Next Hyundai Commission Artist

<ul>
<li>Total sales increased 3%; fifth consecutive month of best-ever total sales</li>
<li>Santa Fe HEV, Tucson and Ioniq 6 hit February records</li>
<li>Electrified sales up 35%; HEV sales jump 57%; EV sales Increased 6%</li>
</ul>

Reported Saturday, Hyundai Motor America Reports February Sales of 62,032 Units (+3% YoY), HEV Sales +57%, Electrified Sales +35%

<ul>
<li>Hyundai Motor and Samsung collaborate to verify Private 5G (P-5G) RedCap technology, enabling fast, seamless communication with lower power consumption and cost</li>
<li>P-5G RedCap technology to be showcased at MWC25 Barcelona, highlighting advancements in the mobility manufacturing sector</li>
<li>Hyundai Ulsan Plant and Hyundai Motor Group Metaplant America (HMGMA) pioneers P-5G in mass production, with plans to expand to the new EV-dedicated plant in Ulsan</li>
</ul>

HYMLF

SSNLF

Hyundai Motor And Samsung Successfully Test Private 5G RedCap, Expanding Smart Factory Capabilities

<ul>
<li>Total sales increased 15%; best January ever</li>
<li>Electrified sales up 41%; HEV sales jump 74%; EV sales Increased 15%</li>
<li>Best January ever model results for IONIQ 5, IONIQ 6, Tucson HEV, and Santa Fe HEV</li>
</ul>

Reported Saturday, Hyundai Motor America Achieves Record January Sales of 54,503 Units (+15% YoY), HEV Sales +74%, Electrified Sales +41%

Hyundai Motor Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>) disclosed that it sold 1.07 million vehicles globally in the fourth quarter, down 2.2% year-over-year.
Sales in Korea declined 4.6% 189,405 units, owing to slow demand and supply chain disruptions on heavy snowfall, while sales in markets outside of Korea fell 1.6% Y/Y to 876,834 <a target="_blank" href="https://www.hyundai.com/worldwide/en/newsroom/detail/0000000897" rel="noreferrer noopener">units</a> in fourth quarter.
In fourth quarter, global electrified vehicle sales (including commercial vehicles) rose 21% to 209,641 units, thanks to sales growth in the North American region. EVs accounted for 53,035 units, while hybrids (HEVs) accounted for 145,732 units.
In the fourth quarter, operating profit dipped 17.2% to KRW 2.82 trillion (~$1.9 billion) due to increased sales warranty provision resulting from a weaker KRW and higher incentives.
Revenue increased 11.9% Y/Y to KRW 46.62 trillion in the fourth quarter, with an operating profit margin of 6.1%.
In the fourth quarter, the company witnessed a net profit (including non-controlling interest) of KRW 2.47 trillion (+12.3% Y/Y).
Overall, the company sold 4.14 million vehicles worldwide in 2024, down 1.8% from 2023, with revenue rising 7.7% to KRW 175.2 trillion. For 2024, the company sold 757,191 electrified models (+8.9% Y/Y).
Operating profit in 2024 declined 5.9% to KRW 14.24 trillion, with an operating profit margin of 8.1%. Hyundai Motor saw a net profit of KRW 13.23 trillion (+7.8% Y/Y) in 2024.
Hyundai Motor plans to pay a year-end dividend of KRW 6,000 per common share, resulting in total payout of KRW 12,000 per common share for 2024.
Outlook: Hyundai Motor expects consolidated revenue growth of 3%–4%, operating profit margin of 7%–8% and total vehicle sales exceeding <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">4.17 million units for 2025</a>.
The automaker plans investments of KRW 16.9 trillion for 2025, including KRW 8.6 trillion in capital expenditure, KRW 6.7 trillion in R&amp;D, and KRW 1.6 trillion in strategic investments.
In another development, Hyundai Motor is in talks with General Motors Company to supply commercial electric vehicles, as it anticipates sales growth to slow by half this year amid weakening demand, reported Reuters.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/node/42993822" target="_blank" rel="noreferrer noopener">South Korea&#8217;s Hyundai, Kia Collectively Sold More EVs In US Than Ford In 2024</a></li>
</ul>
Photo via Shutterstock.

Earnings

Large Cap

Media

Hyundai Clocks Mixed Q4: Revenue Climbs 12% While Operating Profit Slips On Warranty Costs

South Korea&#8217;s Hyundai Motor Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>) and Kia Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KIMTF#OTC">KIMTF</a>) collectively overtook Dearborn-based Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) in EV sales in the U.S. last year, according to recent data from automotive research company Kelley Blue Book.
What Happened: Hyundai sold 61,727 EVs in the U.S. in 2024 while Kia sold 56,099, taking their collective numbers to 117,826 units. 
American brand Ford, in the meantime, sold only 97,865 EVs, including its three EV models Mustang Mach-E, F-150 Lightning, and E-Transit. 
Other Top Sellers: The top-selling EV brand in the U.S. in 2024 was Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) which sold about 634,000 EVs. Ford was the second-best-selling individual brand.
General Motors Co.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) <a href="https://www.benzinga.com/tech/25/01/42801755/gm-overtakes-ford-ev-sales-in-q4-with-equinox-ev-sells-670-units-of-escalade-iq-priced-at-130000">brands</a> Brightdrop, Cadillac, Chevrolet, and GMC collectively sold only 114,426 EVs, less than Hyundai and Kia together.
Best-selling models: The Ioniq 5 was Hyundai&#8217;s best-selling EV in the year while the EV9 was Kia&#8217;s.
Hyundai sold over 44,000 units of the Ioniq 5 last year, effectively placing it in the fourth position among best-selling EVs after the Tesla Model Y, Model 3, and the Ford Mustang Mach-E. 
Tesla&#8217;s latest addition to its lineup &#8211; <a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data">the Cybertruck</a> &#8211; took the place of the fifth best-selling EV in the country, overtaking Ford&#8217;s F-150 Lightning electric pickup.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data">Cybertruck Success Comes At A Cost: Tesla Sells Nearly 39,000 Units In 2024, But Luxury Model S And X Sales Take A Hit In US, Data Shows</a></li>
</ul>
Photo courtesy: Hyundai

KIMTF

South Korea's Hyundai, Kia Collectively Sold More EVs In US Than Ford In 2024

Press Releases

All-New 2026 Hyundai Palisade SUV Makes "Bigger, Better, Further" Debut at the New York International Auto Show

Adventure-ready 2026 Hyundai Palisade XRT PRO Blazes its Own Trail to the New York International Auto Show

Hyundai Most Awarded Brand in 2025 Best Hybrid and Electric Cars List by U.S. News and World Report

All-New Hyundai IONIQ 9 Awarded 2025 Wards 10 Best Interiors & UX

Commodities

Hyundai Announces HTWO Energy Savannah, the Industry's First Dual-Energy Hydrogen and Electric Station to Support Heavy-Duty Zero-Emission Vehicles in the Savannah Region

Entertainment

Genesis and Tate Modern Announce the Opening of The Genesis Exhibition: Do Ho Suh: Walk the House

Hyundai Motor America Reports Record-Breaking April 2025 Sales

Assembled-In-America 2026 Hyundai IONIQ 9 EV Delivers 300+ Miles of Range From $58,955

/C O R R E C T I O N -- Hyundai Motor America/

Hyundai Motor Announces Leadership Promotions

Screenshot 2024-03-11 at 5.46.23 PM

Emerging Markets

HOVR

JOBY

LILM

New Horizon Aircraft Report Findings: 96% Of Professional Investors Are Keeping An Eye On Transport Of The Future As Companies Advance eVTOL Technology

Comments

Hyundai Motor

Notizie

Ultime notizie per Hyundai Motor (OTC:HYMTF) Azioni

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO