“We are considering re-badging our commercial EVs and supplying GM,” Hyundai’s CFO, Lee Seung Jo, said on a conference call (via Reuters) Thursday. Lee added the deal would pave the way for our entry into the North American commercial vehicle market.”

South Korea's Hyundai Motor said on Thursday it is in talks with General Motors to supply commercial electric vehicles to its U.S. peer, as it expects sales growth to halve this year due to softening demand.

--SLUGGISH DEMAND: How weak car demand worldwide affected Hyundai Motor's fourth-quarter earnings will be of interest. The company's total vehicle sales fell year-over-year for three straight months until December, with its annual sales declining 1.8% globally despite a solid performance in the U.S.

Hyundai's Robotics Lab wins 17 Good Design Awards January 19, 2025 by David Edwards Hyundai Motor Group's Robotics LAB , along w

The South Korean carmaker reported weaker-than-expected net profit for the fourth quarter amid a decline in vehicle sales.

“This acquisition marks an exciting new chapter for Jack Giambalvo Motor Co., Inc.,” a company ... Road, York; Jack Giambalvo Mazda, 1510 Whiteford Road, York; Jack Giambalvo Hyundai, 2425 ...

In her new role, Márquez will lead Hyundai's U.S. business operations and direct the company's customer-focused growth strategies. Márquez will report to the CEO of Hyundai and Genesis Motor ...

LG Energy Solution cuts capex on slowing EV demand after Q4 loss Technologycategory· January 24, 2025 South Korea's Hyundai Motor said on ... network plans, new EVs A group representing major ...

South Korean automotive major Hyundai Motor Company sees a slower year ahead, projecting a revenue growth of 3-4% in 2025, lower than the 7.7% on year growth seen last year. Compared to 2024 ...