SEOUL, South Korea–(BUSINESS WIRE)–The side-view mirror, which has been obstructing drivers from parking in narrow parking spaces, will be moving inside cars. Plus, the provision of a field of view significantly wider than the existing one and enablement of even more innovative design through the use of the space that used to house the side-view… Continue reading Hyundai Mobis Develops South Korea’s First Camera Monitor System
Author: Hyundai Official News
Hyundai Motor Announces 2019 1H Business Results
Company reports sales revenue of KRW 50.95 trillion, 8.1% increase year-over-year Global sales total 2.13 million units in the first half of 2019 Operating profit at KRW 2.06 trillion; Net profit KRW 1.95 trillion 22 July 2019 – Hyundai Motor Company announced business results for the first half of 2019, reporting an 8.1 percent and… Continue reading Hyundai Motor Announces 2019 1H Business Results
Kia Motors Announces 2019 1H Business Results
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Kia’s 2019 1H sales revenue at KRW 26.95 trillionOperating profit at KRW 1.13 trillion; Net profit KRW 1.15 trillionTotal global sales of 1,352,629 unitsKia to boost sales of new SUV and higher-volume models Kia Motors Corporation today announced business results for the first half of 2019, reporting year-over-year growths of 1.2 percent and 71.3 percent in sales revenue and operating profit, respectively. Sales revenue totalled KRW 26.95 trillion, increasing from KRW 26.62 trillion in the same period of 2018, as a favourable currency impact and momentum generated by new models in the U.S. offset weaker demand in major markets. Operating profit in the second half totalled KRW 1.13 trillion, climbing 71.3 percent from a year earlier, while the company posted a net profit including minority interest of KRW 1.15 trillion, 51.1 percent higher than the same period in 2018. Increased sales of new models with higher margins as well as the one-off ite..
Hyundai Motor Group Develops World First Active Shift Control for Hybrids to Enhance Fuel Economy and Joy of Driving
The in-house developed, world-first technology improves gear-shift efficiency for hybrid vehicles and is now set for mass production Active Shift Control reduces gear-shift times by 30%, adds to driving fun, and improves fuel economy Hyundai Motor Group has developed the world’s first Active Shift Control (ASC) transmission technology. The innovation optimizes transmission efficiency by monitoring… Continue reading Hyundai Motor Group Develops World First Active Shift Control for Hybrids to Enhance Fuel Economy and Joy of Driving
Hyundai Motor and Intelligent Mobility Accelerator: first results
Hyundai Motor announces results of its first partnership with the Intelligent Mobility (IM) Accelerator programme The third cohort of IM Accelerator partner companies officially started on July 3rd Through its partnership with IM Accelerator, Hyundai demonstrates its commitment to scouting and supporting disruptive mobility technologies in the UK 17 July 2019 – Hyundai Motor has… Continue reading Hyundai Motor and Intelligent Mobility Accelerator: first results
Hyundai Mobis Develops Driver State Warning System Monitoring Driver's Gaze Direction, Expected to Prevent Big Traffic Accidents
SEOUL, South Korea–(BUSINESS WIRE)–Hyundai Mobis (KRX:012330) succeeded in developing a driver state warning system that can recognize the driver’s face and even track their eyes. The system is expected to contribute to preventing big traffic accidents caused by careless driving. Hyundai Mobis announced on the 14th that it has recently succeeded in developing the cutting-edge… Continue reading Hyundai Mobis Develops Driver State Warning System Monitoring Driver's Gaze Direction, Expected to Prevent Big Traffic Accidents
Juho Suh appointed Vice President and Head of Design Innovation Group
Juho Suh appointed as new Head of Hyundai Design Innovation Group Suh to lead advanced design and oversee design solutions for future mobility The appointment to boost Hyundai’s agility in adapting to future industry trends 10 July 2019 – Hyundai Motor Company appoints Juho Suh as Vice President and Head of Hyundai Design Innovation Group… Continue reading Juho Suh appointed Vice President and Head of Design Innovation Group
Hyundai Motor Group Unveils World’s First CVVD Engine Technology With Improved Performance and Less Emissions
Hyundai Motor Group has developed the world’s first Continuously Variable Valve Duration (CVVD) technology to feature in future Hyundai and Kia vehicles. The innovation was revealed at Hyundai Motorstudio Goyang on Wednesday alongside the Smartstream G1.6 T-GDi the first engine to feature the technology. CVVD optimizes both engine performance and fuel efficiency while also being… Continue reading Hyundai Motor Group Unveils World’s First CVVD Engine Technology With Improved Performance and Less Emissions
June 2019 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : June 2019 Sales Results 1. Sales Results: *Monthly sales Category (units) June 2019 May 2019 MoM % Change June 2018 YoY % Change Sales Unit Domestic 60,987 67,756 -10.0 59,494 2.5 Overseas 317,727 290,811 9.3… Continue reading June 2019 Sales Results
Kia Motors posts global sales of 236,229 units in June
Kia Motors Corporation announced 236,229 units of global sales for June 2019, a 6.2 percent decrease compared to same period last year.Kia Motors Corporation announced 236,229 units of global sales for June 2019, a 6.2 percent decrease compared to same period last year. Kia’s best-selling model was the Sportage SUV, with 37,280 units sold globally… Continue reading Kia Motors posts global sales of 236,229 units in June