HYMLF
Hyundai Motor Company · Consumer Cyclical
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52W L: $89.0052W H: $89.00
Hyundai Motor Company · Consumer Cyclical
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Hyundai Motor America is recalling 294,128 vehicles in the U.S. due to a defect that could cause seat belt anchors to detach, the U.S. National Highway Traffic Safety Administration said on Friday.
Hyundai Motor officially launches its all‑electric IONIQ lineup brand in China, signaling a renewed commitment to the NEV market Two new design concepts preview the future direction of the IONIQ lineup brand ahead of Auto China 2026 The VENUS Concept sedan and EARTH Concept family SUV debut as two 'planets' in a new 'universe' of models BEIJING and SEOUL, South Korea, April 9, 2026 /PRNewswire/ -- Hyundai Motor Company officially launched its all-electric IONIQ lineup brand in China, unveiling two design concept cars at the IONIQ brand launch event in Beijing ahead of Auto China 2026 ('Beijing Auto Show') on April 24. Alongside the concepts, Hyundai Motor presented a strategy aimed at strengthening its position in the Chinese market, expanding the IONIQ brand's lineup beyond products into a mobility experience.
Kia plans to release a pickup truck for American consumers in the coming years. The company said Thursday it will add a pickup truck that includes hybrid variants by 2030 as a major expansion of its brand into the highly lucrative U.S. market.
Kia presents its 2030 mid- to long-term strategy, detailing its vehicle- and region-specific exponential growth plans Targets global sales of 4.13 million units per year by 2030, with a global market share goal of 4.5%; targets sales of 3.35 million units in 2026 Expands EV lineup to 14 models, aiming for 1 million annual EV sales by 2030 Targets annual HEV sales of 1.1 million units through expanded lineup of 13 HEV models by 2030 Sets a PBV sales target of 232,000 units by 2030, leveraging its full lineup of PV5, PV7, and PV9 models to strengthen its presence in the LCV market Accelerate exponential growth in key regions, with sales targets of 1.02 million units in the U.S., 746,000 units in Europe, and 1.48 million units in emerging markets Kia reveals execution roadmap for SDVs, autonomous driving (AV), and robotics, accelerating its future business strategy Expand AV deployment, with completion of its first SDV model development by late 2027 and the rollout of urban AV (Level 2++) beginning in early 2029 Advances manufacturing innovation with Atlas®, starting deployment at HMGMA in 2028, followed by expansion to Kia AutoLand Georgia in 2029 Plans to invest a total of KRW 49 trillion over the next five years (2026-2030), including KRW 21 trillion allocated to future businesses Sets 2030 financial targets of KRW 170 trillion in revenue, a 10% operating profit margin, and KRW 17 trillion in operating profit Kia President and CEO Ho Sung Song said, "EVs, HEVs, autonomous driving, and robotics will serve as key drivers for Kia's fastest growth to date" SEOUL, South Korea, April 9, 2026 /PRNewswire/ -- Kia Corporation (Kia) today shared its mid-to-long-term business strategies and financial targets at its 2026 CEO Investor Day held in Seoul, Korea. This year's event focused on reviewing the five-year progress of Kia's 'Total Transformation' initiative, following the company's brand relaunch in 2021.
Naming ceremony held for two mid-sized gas carriers equipped with ammonia dual-fuel engines Ammonia projected to account for 46% of global marine fuel by 2050 "HD Hyundai Heavy Industries will continue to lead the global eco-friendly ship market through technological innovation" SEOUL, South Korea, April 9, 2026 /PRNewswire/ -- HD Hyundai Heavy Industries (HHI) said it has built the world's first ammonia-powered vessel and held a naming ceremony on March 9 for two such ships at its Ulsan shipyard. The ceremony marked the naming of two 46,000-cubic-meter mid-sized gas carriers equipped with dual-fuel (DF) engines.
South Korea's Kia Corp said on Thursday that it aims to sell 1 million electric vehicles (EVs) by 2030, lowering its earlier target by about 20% from 1.26 million announced last year, reflecting weaker EV demand and the impact of the U.S. scrapping EV subsidies last year.
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