• The All-New Kona Wins Prestigious iF Design Award 2018

     

    - Hyundai Motor vehicles win iF Design Award for 4 consecutive years

    - All-new Kona forged from contrasting styling features, a confident stance and desirable good looks

     

    For the fourth consecutive year, Hyundai Motor received worldwide recognition for its distinctive vehicle design from the prestigious iF Design Awards jury. The All-new Kona, together with the i30 Fastback, won iF Design Awards in Product heading in the Automobiles/ …

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  • Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service

    - Hyundai joins Grab’s latest Series G financing round - Investment to help Hyundai expand mobility service in Southeast Asia - Hyundai, Grab to develop mobility service platform utilizing IONIQ model - Grab is Southeast Asia's largest mobility service provider   SEOUL / SINGAPORE, Jan. 11, 2018 – Hyundai Motor Company, South Korea’s largest automaker, and Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced a strategic partnership …

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  • Hyundai IONIQ Wins 2017 Green Good Design Award™

    IONIQ boasts of innovative use of recycled and eco-friendly materials, making it an efficient, environment-friendly mobility solution.

     

    Driving the most fuel efficient vehicle doesn’t mean you have to compromise on its appearance as the 2017 Hyundai IONIQ received the 2017 Green Good Design Award™ from the Chicago Athenaeum: Museum of Architecture and Design and the European Centre for Architecture Art Design and Urban Studies. The Green Good Design Awards™ celebrate important …

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  • Hyundai Motorsport celebrates sixth WRC win with 1-2 in Rally Poland

     

    - Hyundai Motorsport has finished Rally Poland with its best ever WRC result to close the gap in the Manufacturers’ Championship to just 22 points

    - Neuville secured his third victory of the 2017 season with an impressive performance ahead of team-mate Hayden Paddon, who registered his first podium of the year in second

    - Dani Sordo finished fourth, himself under 30 seconds from the podium, to ensure all three Hyundai i20 Coupe WRCs finished inside the top-four

     

    July 2, 2017 – …

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Hyundai Motor Announces 2012 Business Results

-          Revenue rises 8.6%, net profit up 11.7% on increased sales, new models
-          Hyundai aims to sell 4.66 million units globally in 2013

(Seoul, Korea) Hyundai Motor Company, the fastest-growing automaker by brand, today announced its 2012 full-year earnings results. In spite of the challenging business environment with fluctuating exchange rates, Hyundai managed to sustain its upward momentum.                                                         

For the year 2012, sales revenue rose 8.6 percent to 84.47 trillion won (automotive: 71.31 trillion / finance and other: 13.16 trillion) from a year earlier, helped by increased sales volume and improved product-mix. Operating profit rose 5.1 percent to 8.44 trillion won, while net profit increased 11.7 percent to 9.06 trillion won (including non-controlling interest), fueled by robust performance at the company’s overseas plants and subsidiaries.

Hyundai sold 4,410,357 units globally (Korea: 667,496 / overseas: 3,742,861) in 2012, an 8.6 percent increase from a year earlier. While its sales in Korea fell 2.2 percent to 667,496 units from the previous year, its overseas sales rose 10.8 percent to 3,742,861 units (exports: 1,243,763 / overseas plants: 2,499,098). In particular, sales jumped more than 10 percent in Europe to 444,000 units, bucking the market’s trend of shrinking demand.

In the fourth quarter alone, sales revenue increased 10.7 percent to 22.72 trillion won (automotive: 18.75 trillion / finance and other: 3.97 trillion) with global sales of 1,226,847 units. However, operating profit decreased 11.7 percent to 1.83 trillion won from a year earlier, mainly due to currency fluctuations unfavorable to Hyundai.

To overcome sluggish demand in the Korean domestic market, Hyundai aggressively expanded exports from Korea, while boosting sales in its overseas markets through its local production and sales network. Hyundai also enhanced its profitability through improved product-mix and efficient marketing based on qualitative growth.

Hyundai forecasts that the global auto market, including some emerging markets, will face slowing demand amid fiercer competition and tougher government policies. Nevertheless, Hyundai aims to sell 4.66 million vehicles globally in 2013 (Korea: 668,000 / overseas: 3,992,000), a 5.7 percent increase from last year. Hyundai plans to achieve this by strengthening its fundamentals by promoting qualitative growth and securing future competitiveness, rather than quantitative growth.