• 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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  • All-new Elantra and All-new Tucson win prestigious iF Design Award

     

    •  All-new Elantra and All-new Tucson receive ‘iF Design Award 2016’ in product design category

    •  Hyundai Motor models win iF Design Award for 3 consecutive years

    •  Hyundai Motor’s evolving design philosophy is realized in refined style elements in All-new Elantra

    •  Bold and athletic design creates unique SUV appearance for All-new Tucson

     

    Hyundai Motor received international recognition for its vehicle design from the prestigious iF Design Awards jury. All-new Elantra and All- …

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  • 2016 HYUNDAI TUCSON & 2016 SONATA EARN IIHS 2015 HIGHEST SAFETY RATINGS

    Sept 25, 2015, Arlington, Virginia -  In one of the industry’s most rigorous tests of vehicle safety, the 2016 Hyundai Tucson and 2016 Sonata earned the Insurance Institute for Highway Safety’s (IIHS) 2015 TOP SAFETY PICK+ award. This is the first time Tucson, which received a significant redesign for the 2016 model year, has received the highest honor from IIHS.

     

    IIHS rates vehicles for occupant protection based on performance in five tests: moderate overlap front, small overlap front, …

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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.