Toyota Chairman Akio Toyoda to Visit South Korea for Strategic Talks with Hyundai Motor Group
In a significant move for the global automotive industry, Akio Toyoda, Chairman of Japan’s Toyota Group—the world’s leading car manufacturer—is scheduled to visit South Korea from October 24 to 26. During his three-day visit, Chairman Toyoda is expected to meet with...
Hyundai and GM Sign Memorandum of Understanding to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies
General Motors (NYSE: GM) and Hyundai Motor Company (KRX: 005380 KS) have entered into a significant agreement to explore collaboration across various strategic areas in the automotive industry. The move brings together two of the world’s largest original equipment...
Genesis to Enter Endurance Racing with LMDh Program
Genesis, the premium luxury brand of Hyundai Motor Group, is making a bold entry into endurance racing. This strategic move will see Genesis compete in prestigious endurance series under the Le Mans Daytona hybrid (LMDh) class. The addition of endurance racing adds...
Hyundai Motor Already Started Construction of Hypercasting Plant in Ulsan
Hyundai Motor already started construction of its hypercasting plant in Ulsan, South Korea. The project is moving forward swiftly thanks to close cooperation between the company and the local government of Ulsan, which has drastically shortened the typical one-year...