Hyundai introduced significant discounts on its top-selling EVs, including the IONIQ 5, IONIQ 6, and Kona Electric, in South Korea to overcome slumping sales. With government incentives ...

One contender is Hyundai, a company that operates at the ... Shares of the South Korean carmaker have slumped in the past year and trade at a fraction of Tesla’s valuation at just 4 times ...

Hyundai Motor Company CEO Jose Munoz underscored how heavily the Korean firm has been investing in the United States to bolster manufacturing there, as the automaker cautiously awaits US President ...

Photo Credit: SPECIAL ARRANGEMENT The VOC Port Authority on Thursday had a meeting with HD-Korea Shipbuilding & Offshore Engineering (Hyundai group) to explore possibilities of setting up a ship ...

Hyundai Motor Group said Friday four of its vehicles across its three car brands have received top honors at an annual car awards in the United States. Hyundai Motor Co.'s Santa Fe sport utility ...

Since October last year, the company has been manufacturing the Ioniq 5 at the newly established Hyundai Motor Group Metaplant America in Georgia, leading to a drop in production in Korea.

According to the sources, Hyundai Motor will halt operations of Line 12 at its Ulsan Plant 1 in South Korea from Feb. 24-28 to adjust production volumes amid sluggish domestic sales and declining ...

The Korean National Police Agency has blocked access to the Chinese generative artificial intelligence (AI) site 'DeepSeek' on work PCs. On the 6th, the Korean National Police Agency noted ...

The reason is a decline in demand for electric vehicles. And Hyundai looks to the US with concern. The Korea Herald quotes an internal memo as saying: “Sales volume and backorders [for the two car ...

George Ho, the Administrator of the Korean National Police Agency, who was arrested and indicted on charges including blocking the National Assembly following orders from President Yoon Suk-yeol ...