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Hyundai Celebrates 40 Years of Progress and Possibility in the United States
Prnewswire· 2026-03-04 16:07
Core Insights - Hyundai Motor America is celebrating its 40th anniversary in the U.S., marking significant growth and innovation since its first vehicle sale in 1986 [1][2] - The company has sold over 900,000 vehicles in 2025 and delivered more than 17 million vehicles to U.S. customers over the past four decades [1][3] - Hyundai plans to invest an additional $26 billion in the U.S. between 2025 and 2028, building on its previous investment of $20.5 billion since 1986 [1][3] U.S. Investment and Manufacturing Excellence - Hyundai supports over 570,000 American jobs and has expanded its dealership network from 161 to over 855 nationwide [1][2] - The company opened its first manufacturing facility in Alabama in 2005 and the new Hyundai Motor Group Metaplant America in 2025, focusing on electrified vehicles [1][3] - By 2030, Hyundai expects over 80% of U.S.-sold vehicles to be built domestically [3] Product Innovation - Hyundai's vehicle lineup has evolved from the 1986 Excel to include a diverse range of models, including sedans, SUVs, and advanced electrified options like the IONIQ series [2][3] - The company has launched the N performance brand and the premium Genesis brand, showcasing its commitment to innovation [2][3] Design, Safety, and Engineering Excellence - Hyundai has received numerous awards for safety and quality, including more 2025 IIHS Top Safety Awards than any other brand [3] - Eight Hyundai models have achieved TOP SAFETY PICK+ status, demonstrating the company's commitment to safety technologies [3] Advanced Technologies and Sustainability Leadership - Hyundai is advancing its EV strategy with battery electric vehicles built on the Electric-Global Modular Platform (EGMP) and is also investing in hydrogen fuel cell technology [2][3] - The company is committed to carbon neutrality and has set aggressive emissions-reduction targets [2][3] Community Engagement - Hyundai Hope on Wheels has raised over $277 million since 1998 to support pediatric cancer research, reflecting the company's commitment to community health and wellbeing [2][3] - The Hyundai Hope initiative focuses on improving community health and safety through volunteerism and partnerships with nonprofit organizations [3]
Hyundai Motor America Reports Record-Breaking January 2026 Sales
Prnewswire· 2026-02-03 13:50
Core Insights - Hyundai Motor America achieved record total sales of 55,624 units in January 2026, marking a 2% increase compared to January 2025, driven by strong hybrid demand and robust performance in SUVs [1][3][4] Sales Performance - Total sales for January 2026 were 55,624 units, up from 54,503 units in January 2025, reflecting a 2% year-over-year increase [3] - The SUV segment accounted for 77% of total sales, with standout performances from the Santa Fe and the all-new Palisade, which saw a 29% increase in sales [1][4] - Hybrid vehicle sales surged by over 60%, indicating a strong consumer shift towards electrified vehicles [2][4] Product Highlights - The all-new Hyundai Palisade was named the 2026 North American Utility Vehicle of the Year, reinforcing its status as a benchmark in the segment [5][6] - The IONIQ 9 was recognized as Vehicle of the Year by Auto Focus, highlighting its innovation and performance in the electric SUV market [5] - The Hyundai Elantra Hybrid and Tucson were included in U.S. News & World Report's 2026 Best Cars for the Money list, showcasing their value and quality [5] Model-Specific Sales Data - Elantra: 9,091 units sold, up 3% from 8,866 units [7] - Ioniq 5: 2,126 units sold, down 6% from 2,250 units [7] - Ioniq 6: 344 units sold, down 61% from 871 units [7] - Kona: 5,321 units sold, up 22% from 4,365 units [7] - Palisade: 8,604 units sold, up 29% from 6,687 units [7] - Santa Fe: 9,011 units sold, up 9% from 8,296 units [7] - Tucson: 14,428 units sold, down 4% from 15,025 units [7] Corporate Developments - Hyundai Motor Group is investing $26 billion in the U.S. from 2025 to 2028, indicating a strong commitment to expanding operations and enhancing its market presence [8]
Hyundai Awarded Two Vehicles on the 2026 Best Cars for the Money List by U.S. News and World Report
Prnewswire· 2026-01-22 19:01
Core Insights - Hyundai's Elantra Hybrid and Tucson have been recognized in the 2026 Best Cars for the Money list by U.S. News and World Report, with the Elantra Hybrid winning Best Compact Hybrid for the second consecutive year and the Tucson winning Best Compact SUV for the third consecutive year and fifth time overall [1][5]. Awards and Recognition - The awards highlight vehicles that provide good ownership experiences and long-lasting value, with both models being repeat winners, collectively earning nine awards since 2021 [5]. - The awards will be presented at the Washington Auto Show on January 22, 2026 [1]. Product Features - The Elantra Hybrid boasts strong fuel efficiency with an estimated 49 mpg city, 52 mpg highway, and 50 mpg combined fuel economy, along with customer-friendly features [3]. - The Tucson is Hyundai's bestselling model, offering five trim options designed for enhanced comfort, convenience, and safety [4]. Market Positioning - Both the Elantra Hybrid and Tucson have starting MSRPs below $30,000, making them practical choices in a market where affordability is crucial [3]. - Hyundai's product lineup aims to cater to various budgets and lifestyles, reinforcing its commitment to providing value [3]. Company Operations - Hyundai Motor America is investing $26 billion in the U.S. from 2025 to 2028, which includes significant operations such as its North American headquarters, manufacturing plant, and R&D facilities [6].
South Korea reports record vehicle exports in 2025
Yahoo Finance· 2026-01-16 09:40
Group 1: Export Performance - The value of vehicles exported from South Korea increased by 2% to US$72.0 billion in 2025, up from US$70.8 billion in 2024, driven by strong overseas demand for hybrid vehicles [1] - Exports of eco-friendly vehicles, including hybrid and electric vehicles, rose by 11% to US$25.8 billion, with hybrid vehicle shipments increasing by 30% to US$14.8 billion [2] - Exports of used cars surged by 75% to a record high of US$8.9 billion, reflecting the improved reputation of South Korean vehicles in overseas markets and favorable exchange rates [2] Group 2: Production and Market Trends - New vehicle exports fell by 1.7% to 2.7 million units, accounting for 67% of vehicle production in the country, while domestic vehicle production decreased by 0.6% to 4.1 million units [3] - The GM Trax was the highest-volume model with an output of 308,000 units, followed by the Hyundai Kona with 270,000 units and other models [3] Group 3: Industry Challenges and Future Outlook - The Ministry of Trade, Industry and Energy noted that US tariff measures posed challenges for the automobile industry in 2025, but uncertainty was eased through policy measures aimed at strengthening competitiveness in eco-friendly vehicles [4] - In 2026, the automobile industry is expected to face challenges such as increased localization of production overseas and intensifying competition, with a projected 6% decline in light vehicle production to 3.809 million units [4]
Hyundai Motor America Reports November 2025 Sales
Prnewswire· 2025-12-02 13:55
Core Insights - Hyundai Motor America reported total sales of 74,289 units in November 2025, marking a 2% decrease compared to November 2024, while hybrid sales surged by 42%, achieving the best month for hybrid vehicle sales in history [1][4][3] - The Tucson model achieved an 18% increase in sales, contributing to the overall strength of Hyundai's SUV lineup, which includes the Santa Fe and Palisade, both of which posted double-digit growth [2][4] - Year-to-date sales for 2025 reached 822,756 units, reflecting an 8% increase compared to the same period in 2024 [3] Sales Performance - November 2025 total sales: 74,289 units, down from 76,008 units in November 2024, a decrease of 2% [3] - Year-to-date sales for 2025: 822,756 units, up from 758,304 units in 2024, an increase of 8% [3] - Notable model performances in November include: - Tucson: +18% - Santa Fe: +13% - Palisade: +10% - Sonata HEV: +12% - Elantra HEV: +96% - Elantra N: +45% [1][7] Hybrid Vehicle Sales - Hybrid vehicle sales reached an all-time monthly record, increasing by 42% in November 2025 [1][4] - The strong demand for hybrids is a key factor in Hyundai's sales strategy, with expectations to continue this trend into 2026 [2] Strategic Initiatives - Hyundai's President and CEO José Muñoz outlined the company's strategic vision for 2026, emphasizing agility, innovation, and sustainable growth [5] - The company unveiled the CRATER Concept adventure vehicle and the IONIQ 6 N high-performance EV at AutoMobility LA 2025, highlighting its commitment to electrification [5] - Hyundai's Palisade was named a finalist for the 2026 North American Utility of the Year award, and the company was recognized as the "2026 Best SUV Brand" by U.S. News & World Report [5]
Hyundai Named 2026 Best SUV Brand for Second-Consecutive Year by U.S. News & World Report
Prnewswire· 2025-11-20 05:01
Core Insights - Hyundai has been awarded the '2026 Best SUV Brand' by U.S. News & World Report, recognizing its excellence in the automotive market based on quality, safety, reliability, space, convenience, and connectivity [1][3] - This marks Hyundai's fifth win in six years for the 'Best SUV Brand' category, highlighting the strength and diversity of its SUV lineup [3] Product Evaluation - U.S. News & World Report evaluated 39 automotive brands, focusing on criteria such as safety data, predicted reliability ratings, passenger and cargo space, and automotive press consensus [3][6] - Hyundai's SUV models, including Palisade, Palisade Hybrid, Tucson, Tucson Hybrid, Santa Fe, Santa Fe Hybrid, Kona, Kona Electric, IONIQ 5 EV, and IONIQ 9 EV, were noted for their exceptional quality and performance [1][6] Industry Impact - Hyundai's operations in the U.S. contribute $20.1 billion annually and support 190,000 jobs, showcasing its significant economic impact [5] - The brand's recognition by U.S. News & World Report influences consumer purchasing decisions, with 80% of active shoppers reporting its impact [4]
Texas Dealership, Hiley Hyundai of Fort Worth, Announces Arrival of 2026 Hyundai Model Lineup
Newsfile· 2025-10-28 22:35
Core Insights - Hiley Hyundai of Fort Worth has launched the 2026 Hyundai model lineup, expanding its inventory to meet regional demand and marking a significant milestone in the dealership's growth [1][5] Inventory Expansion - The addition of the 2026 models reflects ongoing developments in the automotive sector and the dealership's ability to align inventory with evolving consumer demand, including interest in SUVs, sedans, electric models, and crossover pickups [2] - The expanded lineup includes newly released versions of the Hyundai Venue, Kona, Tucson, Santa Fe, and Palisade, as well as updated sedans like the Elantra and Sonata, and the latest electric models, the IONIQ 5 and IONIQ 6, along with the 2026 Santa Cruz crossover truck [2] Strategic Positioning - The early availability of 2026 vehicles demonstrates Hiley Hyundai's coordinated efforts with Hyundai Motor America's distribution network, allowing the dealership to offer immediate access to the newest designs, technology, and performance updates [3] - Internal training has been conducted to ensure dealership staff are well-informed on model-specific features and specifications for the 2026 lineup [3] Innovation and Customer Engagement - The 2026 models feature updated design elements, enhanced safety features, and improved in-vehicle technologies, aligning with Hyundai's long-term innovation strategy [4] - Hiley Hyundai is facilitating opportunities for customers to explore new options through test drives and showroom visits as interest in both traditional and electric vehicles grows [4] Growth Strategy - The inventory expansion is a strategic milestone in the dealership's broader growth plans, positioning Hiley Hyundai of Fort Worth as a key location for drivers seeking reliable vehicles and up-to-date automotive solutions [5]
Hyundai IONIQ 5 N Named Official Winter EV and Best In-Class Performance Car by New England Motor Press Association
Prnewswire· 2025-07-31 13:00
Core Insights - Hyundai's IONIQ 5 N has been recognized as the Official Winter EV of New England and Best In-Class Performance Car, while the Tucson has been awarded Best In-Class SUV by the New England Motor Press Association (NEMPA) [1][3] - NEMPA evaluates over 100 vehicles annually during winter, focusing on winter-specific features and overall driving performance [1] - The recognition of both vehicles highlights Hyundai's commitment to providing reliable transportation across different propulsion systems, including internal combustion engines (ICE) and electric vehicles (EV) [3] Vehicle Performance and Features - The IONIQ 5 N impressed NEMPA by outperforming supercars and high-performance luxury SUVs, earning the title of Best Performance Car for 2025 [3] - The Tucson stands out in the compact SUV segment with its distinctive design, spacious interior, and updated infotainment system, along with hybrid and plug-in hybrid options [4] Industry Impact - Hyundai Motor America contributes significantly to the U.S. economy, with an annual impact of $20.1 billion and supporting 190,000 jobs [5] - The company operates multiple facilities in the U.S., including its North American headquarters and manufacturing plants, reinforcing its commitment to the American market [5]