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Hyundai Motor Group to unveil robotics, autonomy roadmap at Kia Investor Day on April 9
TechnologyKorea Herald2d ago

Hyundai Motor Group to unveil robotics, autonomy roadmap at Kia Investor Day on April 9

Hyundai Motor Group plans to unveil key strategies for autonomous driving and humanoid robotics at an upcoming investor event hosted by Kia next month, highlighting the group’s push to commercialize physical AI-based technologies. According to local media reports Friday, senior technology leaders across the group will present commercialization roadmaps at Kia’s Investor Day on April 9. Speakers are expected to include Park Min-woo, president of Hyundai Motor Group’s Advanced Vehicle Platform div

Hyundai Capital sells Korea’s first public yuan kimchi bond
BusinessKorea Herald9d ago

Hyundai Capital sells Korea’s first public yuan kimchi bond

Hyundai Capital said Thursday it has issued South Korea’s first publicly offered offshore yuan-denominated kimchi bond by a financial institution. The 660 million yuan ($95.6 million) notes carry a two-year maturity and a coupon of 2.2 percent. KB Securities acted as lead manager. Kimchi bonds are foreign-currency debt sold in Korea’s domestic capital market, allowing issuers to tap local investors for overseas funding. The deal marks the first public offering of a yuan-denominated kimchi bond.

Hyundai Ioniq 9 Electric Car Unveiled
Technologyder-standard10d ago

Hyundai Ioniq 9 Electric Car Unveiled

Hyundai has introduced its new Ioniq 9 electric vehicle, described as an 'electric brick' and positioned as a more affordable option in the EV market, drawing comparisons to Kia's EV9.

HD Hyundai chair highlights Korea-Philippines ties during Manila visit
WorldKorea Herald10d ago

HD Hyundai chair highlights Korea-Philippines ties during Manila visit

HD Hyundai Chair Chung Ki-sun visited the Philippines this week as part of the South Korean government’s economic mission, paying tribute to Korean War veterans, attending a bilateral business forum and inspecting the group’s shipyard operations in Subic Bay. On Wednesday, Chung visited Libingan ng mga Bayani, the national cemetery in Manila, where he laid flowers at the Korean War Memorial Pylon. The Philippines was the first Asian country to dispatch combat troops during the Korean War, sendin

President says Hyundai’s Saemangeum bet will reshape southwest economy
BusinessKorea Herald16d ago

President says Hyundai’s Saemangeum bet will reshape southwest economy

President Lee Jae Myung said Hyundai Motor Group’s more than $6 billion plan to build an innovation growth hub on reclaimed land in North Jeolla Province could “completely reshape the economic map” of South Korea’s southwestern region. Lee attended an investment signing ceremony on Friday, as Hyundai unveiled a 9 trillion won ($6.26 billion) plan to build a suite of advanced facilities encompassing artificial intelligence, robotics and clean energy in Saemangeum, home to Korea’s largest land rec

HDC rebrands flagship units under IPark
BusinessKorea Herald17d ago

HDC rebrands flagship units under IPark

HDC Group has decided to remove the “HDC” name from several major affiliates and to adopt "IPark" as the primary branding for its life-sector businesses, marking a significant identity shift as the group celebrates its 50th anniversary. According to the group on Thursday, the name changes will be put to shareholders to vote on at upcoming general meetings as part of a broader portfolio reorganization centered on three pillars: life, artificial intelligence and energy. Under the plan, HDC Hyundai

2026 K League 1 Round 3 Preview
SportYahoo3d ago

2026 K League 1 Round 3 Preview

In Round 2 of the Hana Bank K League 1 season, unbeaten Gwangju FC take on yet-to-win Jeonbuk Hyundai Motors, unbeaten Bucheon FC 1995 host a returning-to-action Ulsan HD, yet-to-win but still…

Hyundai Motor tops Volkswagen in profit for first time
BusinessKorea Herald4d ago

Hyundai Motor tops Volkswagen in profit for first time

South Korea’s Hyundai Motor Group recorded the world’s second-largest operating profit among global automakers last year, surpassing Germany’s Volkswagen Group for the first time, industry data showed Wednesday. The group — which includes Hyundai Motor, Kia and luxury brand Genesis — posted 20.5 trillion won ($13.95 billion) in operating profit in 2025. That placed it behind only Toyota Group, which topped the list with 4.3 trillion yen ($27.15 billion) in operating profit. Industry watchers sai

Why same car has different prices across Indian cities: Explained
BusinessTimes of India6d ago

Why same car has different prices across Indian cities: Explained

Curious why car prices differ across Indian cities? It's not just the manufacturer's price. State road taxes, RTO registration fees, and insurance costs significantly impact the final on-road price. For instance, a Hyundai Creta's price can vary by over Rs 1 lakh between cities like Delhi and Hyderabad due to these state-specific charges and fuel type taxes.

Hyundai, Kia post record Feb. sales in U.S. on strong demand for SUV, hybrid cars
BusinessKorea Herald12d ago

Hyundai, Kia post record Feb. sales in U.S. on strong demand for SUV, hybrid cars

Hyundai Motor Co. and Kia Corp. reported record vehicle sales for February in the United States, driven by robust demand for sport utility vehicles and hybrid models, the automakers said Wednesday. The South Korean automakers sold a combined 137,412 vehicles in the U.S. last month, up 5 percent from a year earlier, according to the companies. Hyundai Motor, including its luxury brand Genesis, sold 71,407 units, up 5.7 percent on-year, while Kia's sales gained 4.3 percent on-year to 66,005 units.

Hyundai Rotem to Build $1.5 Billion Train Manufacturing Plant in Benguerir
Businessmorocco-world-news12d ago

Hyundai Rotem to Build $1.5 Billion Train Manufacturing Plant in Benguerir

Casablanca – South Korean rail manufacturer Hyundai Rotem has selected Benguerir as the site for its future train production plant in Morocco, in a project valued at $1.5 billion that is expected to mark a significant step in the country’s industrial and rail ambitions. The Regional Investment Center of Marrakech-Safi confirmed its support for the […] The post Hyundai Rotem to Build $1.5 Billion Train Manufacturing Plant in Benguerir appeared first on Morocco World News.

New US tariffs take effect after Supreme Court ruling
BusinessReuterswsjwapo+9Al Jazeerayle-uutisetNHK Worlddelfi-lthinduil-sole-24-oreKorea Heraldchannel-news-asia+1 more19d ago12 sources

New US tariffs take effect after Supreme Court ruling

New US Fresh US tariffs on imported goods came into effect Tuesday, as President Donald Trump moved to rebuild his trade agenda after the Supreme Court ruled against a swath of his global duties. The new tariffs, set at 10 percent initially, were justified as a means of dealing with "large and serious United States balance-of-payments deficits," according to a White House order on Friday. Trump has since vowed to raise the level to 15 percent, although exclusions are expected to remain for goods

Hyundai i30 Wagon Price Drop in Czech Republic
Businessaktualne-cz2d ago

Hyundai i30 Wagon Price Drop in Czech Republic

Hyundai has launched an aggressive promotional offer for its compact i30 model in the Czech Republic, significantly reducing prices for the wagon version, making it one of the cheapest new wagons available.

How Boston Dynamics IPO could unlock Hyundai Motor Group’s ownership overhaul
BusinessKorea Herald6d ago

How Boston Dynamics IPO could unlock Hyundai Motor Group’s ownership overhaul

Hyundai Motor Group’s decadeslong effort to streamline its complex ownership structure could finally gain momentum. The catalyst is not a new SUV, but the company behind the back-flipping humanoid robot Atlas. Boston Dynamics, the auto-to-steel conglomerate’s US robotics unit, will work toward a long-anticipated initial public offering on the Nasdaq this year, according to sources. With a potential listing as early as 2027, the company is expected to select underwriters and file for a preliminar

The EV graveyard: All the electric cars that automakers have axed this year
BusinessBusiness Insider7d ago

The EV graveyard: All the electric cars that automakers have axed this year

Several EV models have been pulled from automaker's lineups in 2026. It extends a trend that stretched from September 2025. Hyundai USA Automakers have been reorganizing their EV lineups since September 2025. Legacy car brands — like Ford, Nissan, and Acura — announced discontinuations last year. Business Insider compiled a list of EVs that have been killed or indefinitely delayed in 2026. American EV sales are slumping. Since September 2025, when the federal $7,500 tax credit for US-made E...

Hyundai Engineering targets energy value chain in 2026 strategy
BusinessKorea Herald10d ago

Hyundai Engineering targets energy value chain in 2026 strategy

Hyundai Engineering said Thursday it has unveiled its 2026 management strategy, aimed at becoming a key player across the energy value chain while building a sustainable growth framework based on stronger technological capabilities. The company plans to cultivate new growth drivers by expanding its energy business, securing core technologies in strategic sectors, diversifying orders in advanced industrial construction and expanding electric vehicle charging infrastructure. As the global energy l

Hyundai Electric Car Winter Test Drive
Technologyfaz17d ago

Hyundai Electric Car Winter Test Drive

A German newspaper reports on a test drive of a large Hyundai electric car during heavy snowfall, detailing the experience of enjoying, charging, and enduring the winter conditions.