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Ford holds No. 3 U.S. sales spot as Hyundai misses forecasted overtaking
business8 days ago

Ford holds No. 3 U.S. sales spot as Hyundai misses forecasted overtaking

Ford Motor retained its third-place position in U.S. light-vehicle sales for the third quarter, narrowly edging out Hyundai Motor Group. Ford reported a 6.6% year-over-year decline to 507,395 units, while Hyundai, including Kia and Genesis, rose 5.4% to 506,200 units. This outcome defied recent forecasts that predicted Hyundai would surpass Ford for the first time. Ford maintains an 89,700-unit lead over Hyundai for the year through September, despite struggles with electric vehicle sales and discontinued models like the Escape.

via CNBC|
#auto-sales#business#f-series
Hyundai poised to surpass Ford in Q3 sales as Detroit automakers lag in hybrid segment
business16 days ago

Hyundai poised to surpass Ford in Q3 sales as Detroit automakers lag in hybrid segment

Cox Automotive forecasts that Hyundai will outsell Ford in the U.S. for the first time in the third quarter, with Hyundai sales rising 6.5% to 511,421 units and Ford falling 7.1% to 504,172 units. This shift is attributed to Detroit automakers' limited hybrid offerings amid high gas prices, while Toyota narrows its gap with GM. Ford disputed the forecast, citing Korean manufacturing advantages, but acknowledged a product lull.

via CNBC|
#business#cox-automotive#ford
Hyundai warns the US could face a surge of cheaper Chinese EVs without safeguards
business21 days ago

Hyundai warns the US could face a surge of cheaper Chinese EVs without safeguards

Hyundai’s CEO Jose Muñoz warned that the US could be next in line for a wave of cheaper Chinese EVs, noting BYD and other brands already undercut rivals by 30–40% in some markets despite tariffs; the UK has become a hotspot for Chinese models due to looser barriers, while the US maintains a 100% tariff on Chinese EV imports and other restrictions. Ford and Hyundai are pursuing lower-cost, domestically manufactured EVs to compete, signaling policymakers face pressure to maintain safeguards to protect US jobs while consumers benefit from lower prices.

via Electrek|
#business#china#electric-vehicles
Hyundai bets big on a North American steel future with a $5.8B Louisiana mill
innovation1 month ago

Hyundai bets big on a North American steel future with a $5.8B Louisiana mill

Hyundai Steel broke ground on a $5.8 billion Electric Arc Furnace-based steel mill in Louisiana that will produce about 2.7 million metric tons of hot-rolled and cold-rolled steel annually (1.8 million for automotive sheet and 900,000 for general use), with commercial production slated for 2029. Operated by HYUNDAI-POSCO Louisiana Steel (HPLS) as a Hyundai-led joint venture, the plant will use a direct-reduction process powered by natural gas to feed the EAF and cut CO2 emissions by roughly 70% versus coal-based blast furnaces. The project, tied to Hyundai Motor Group’s $26 billion U.S. investment through 2028, is expected to create about 5,400 jobs and relies on Louisiana incentives, a deep-water port, and RiverPlex MegaPark infrastructure to support iron ore imports and steel shipments for Hyundai, Kia, and other automakers.

via Interesting Engineering|
#automotive#electric-arc-furnace#hyundai
Hyundai bets big on the U.S. with a $26B expansion and Georgia mega plant
business1 month ago

Hyundai bets big on the U.S. with a $26B expansion and Georgia mega plant

Hyundai is rapidly expanding in the U.S., widening market share to about 11.8% in the first half of this year and posting sales growth faster than peers since 2020. It plans a $26 billion investment through 2028, including expanding its Georgia Metaplant to 700,000–800,000 annual units and aiming to produce roughly 80% of its U.S.-sold cars domestically by 2030, supported by more electrified models and new launches across Hyundai and Genesis. Tariffs are cited as accelerating localization, with CEO José Muñoz saying the U.S. is the priority as the company pushes for continued growth and flagship Genesis moves like the GV90.

via CNBC|
#bold-2030-vision#business#genesis
Apple CarPlay Ultra Expansion Heads to Hyundai, Kia, Genesis and More
technology1 month ago

Apple CarPlay Ultra Expansion Heads to Hyundai, Kia, Genesis and More

Apple says CarPlay Ultra will expand beyond Aston Martin to more brands, including Hyundai, Kia, Genesis and others, bringing deeper instrument-cluster integration, built-in apps for radio and climate controls, and rear-view camera support; Bloomberg’s Mark Gurman has floated a major Hyundai or Kia model in the second half of 2026, suggesting the rollout could arrive in the coming weeks or months.

via MacRumors|
#apple#carplay-ultra#genesis
California Opens Instant $3,500 EV Rebates to Tesla, Hyundai, and Lucid Buyers
business2 months ago

California Opens Instant $3,500 EV Rebates to Tesla, Hyundai, and Lucid Buyers

California’s MyFirstEV program now offers first-time EV buyers an instant $3,500 rebate on new EVs from Tesla, Hyundai, or Lucid (with $1,750 for used EVs); the program has a $135 million pool matched by automakers and imposes price caps of $50,000 for new vehicles and $25,000 for used ones, with a carve-out for California-based companies allowing discounts regardless of price. Buyers must apply online, plug-in hybrids are ineligible, and more automakers will roll out incentives later as the state pursues EV adoption and air-quality goals.

via Los Angeles Times|
#business#california#ev-rebates
Hyundai signals bolder N EVs with more immersive tech and a new platform
automotive-technology3 months ago

Hyundai signals bolder N EVs with more immersive tech and a new platform

Hyundai says the IONIQ 5 N’s virtual gear shift and N Active Sound+ are just the start, with future N EVs set to gain more realism—potential features include idling, exhaust backfiring, and cabin vibration—while the company moves to a new IMA platform that preserves 800V charging and promises incremental gains in thermal management and efficiency, building on the IONIQ 5 N and IONIQ 6 N.

via Electrek|
#automotive-technology#electric-vehicles#hyundai
Kona 3rd Gen Goes Boxier, Packs Multiple Drivetrains for 2028
technology3 months ago

Kona 3rd Gen Goes Boxier, Packs Multiple Drivetrains for 2028

Hyundai is developing the third-generation Kona for the 2028 model year, previewed by spy shots that suggest a boxier, less quirky design with sharper A-pillars and revised lighting. The new Kona is expected to offer multiple powertrains—ICE, hybrid, and all-electric—with a possible range-extender, and will ride on Hyundai’s K3 platform with the Pleos Connect infotainment system.

via Carscoops|
#ev#hybrid#hyundai
Hyundai revamps Kona EV with rugged, tech-forward overhaul
technology3 months ago

Hyundai revamps Kona EV with rugged, tech-forward overhaul

Hyundai is launching a completely new third-generation Kona EV with a bolder, boxier, rugged look (mirroring the Santa Fe/Tucson family and inspired by the Crater Concept) and a refreshed Pleos Connect infotainment system. Prototypes spotted in Korea, the US, and Europe suggest a design shift from a mid-cycle refresh, with a launch expected around 2027 for the 2028 model year and powertrain options including pure electric, hybrid, and gasoline.

via Electrek|
#design#electric-vehicles#hyundai
Hyundai completes Boston Dynamics takeover, setting Atlas on a factory-floor path
technology3 months ago

Hyundai completes Boston Dynamics takeover, setting Atlas on a factory-floor path

Hyundai Motor Group will pay $325 million to buy SoftBank's remaining 9.65% stake in Boston Dynamics, gaining full ownership and signaling a shift from demos to production. Atlas is slated to begin in Hyundai's Georgia Metaplant by 2028 with sequencing tasks first, expanding to heavier automation by 2030, aided by Hyundai Mobis components; SoftBank pivots toward AI infrastructure via Roze AI, while Boston Dynamics becomes a manufacturing platform within Hyundai's ecosystem.

via Startup Fortune|
#atlas#boston-dynamics#hyundai
Hyundai recalls 421,000 cars over premature braking software glitch
technology4 months ago

Hyundai recalls 421,000 cars over premature braking software glitch

Hyundai is recalling more than 421,000 2024–2026 vehicles (including 2025–2026 Santa Cruz and Tucson in both gas and hybrid forms) after the NHTSA found a software glitch that can cause the forward-c collision-avoidance system to brake unexpectedly; 376 reports of unexpected braking were logged between Oct 2024 and Apr 2026. Owners will be notified by July 17 and can check the recall status by VIN or license plate in the NHTSA database; Hyundai dealers will install a software update. The recall also covers related Hyundai models such as Elantra Hybrid (2024–2026), Ioniq 5 (2025), and Ioniq 9 (2026).

via Mashable|
#forward-collision-avoidance#hyundai#recall