Tag: hyundai
-
Exclusive-IPO for humanoid robot maker Boston Dynamics unlikely in 2027, executive says
SEOUL, Sept 14 : Boston Dynamics, Hyundai Motor Group’s humanoid robot unit, is unlikely to pursue an initial public offering next year, a senior executive at the parent company with direct knowledge of the matter said, as it has yet to deploy its flagship Atlas robots at scale and remains unprofitable. The e
-
Hyundai Motor to roll out in-house driver-assist system in 2029
SEOUL, Sept 13 : Hyundai Motor Group will launch vehicles equipped with its proprietary driver-assistance software in late 2029, two years later than planned, turning to Nvidia in the interim to accelerate deployment. The South Korean automaker will partner with the U.S. chipmaker to roll out advanced driver-
-
Hyundai Motor’s South Korean union approves wage deal
SEOUL, Sept 1 : Hyundai Motor’s South Korean labour union approved a tentative wage agreement with the automaker, bringing an end to this year’s pay negotiations after weeks of strikes and talks. Some 61.55 per cent of participating union members voted in favour of the agreement, Hyundai Motor said on Tuesday
-
Hyundai lifts margin target, expands US hybrid lineup
SEOUL, Aug 26 : Hyundai Motor on Wednesday unveiled plans to add 1.27 million units of production capacity by 2030 and expand its U.S. hybrid lineups, as the South Korean automaker seeks to lift its operating profit margin above 9 per cent within four years.Hyundai said it would launch or refresh over 100 veh
-
Hyundai Motor’s union reaches tentative wage deal, averting more strikes
Hyundai Motor’s South Korean union said on Tuesday (Aug 25) it has reached a tentative agreement with management, averting further production losses after staging its first full strike in
-
Hyundai Motor India to raise car prices by up to 1% from September
Aug 19 : Hyundai Motor India said on Wednesday it will increase vehicle prices by up to 1 per cent across its portfolio from September this year, with the extent of the hike varying by model and variant.Here are the details:• The company attributed the increase to rising input and commodity costs, hi
-
Hyundai Motor India holds full year view, banking on new launches, demand recovery
July 30 : Hyundai Motor India on Thursday maintained its fiscal 2027 volume growth and operating margin outlook, expecting new launches and stronger demand for gas-powered vehicles to offset disruptions that hurt quarterly profit.The carmaker’s shares rose as much as 2.8 per cent after results before ending 1
-
Hyundai Motor India posts quarterly profit drop as costs, production disruption weigh
July 30 : Hyundai Motor India reported a 35.1 per cent drop in first-quarter profit on Thursday, hurt by a jump in costs as well as a production disruption at its Chennai plant.The unit of South Korea’s Hyundai Motor reported a profit of 8.89 billion rupees ($92.96 million) for the quarter ended June 30, from
-
Hyundai Motor reports 21% drop in Q2 operating profit, misses forecasts
SEOUL, July 23 : Hyundai Motor reported a 21 per cent fall in second-quarter operating profit on Thursday, missing analysts’ estimates, as weaker vehicle sales, production disruptions and higher costs outweighed support from a weaker won.Hyundai, which together with affiliate Kia Corp is the world’s third-big
-
Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
SEOUL, July 16 : Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10 per cent, a move it said would help it deploy advanced robotics across its operations.Terms of the deal were not disclo
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World world cup World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
