HYMLF News and Press, Hyundai Motor Co. Ltd. From 02/02/21

According to Edmunds, EV sales were 1.9% of total retail sales in the U.S. in 2020 and expect this number to grow to 2.5% in 2021."After years of speculation and empty promises, 2021 is actually shaping up to be a pivotal year for growth in the EV sector," said Jessica Caldwell, Edmunds'...

Hyundai (HYMLF) reports sales in the U.S increased 2% to 43,394 units in January.Retail sales were up 1% and fleet sales grew 12%.Retail SUV sales were up 11%. Retail sales for Venue +34%, Kona +9%, Tucson +1% and Santa Fe +45%.Eco-friendly vehicle retail sales g...

Commercial vehicle registrations in the European Union slightly fell 4.2% to 170,122 units in December, followed by +0.1% in November.Registrations increased in Germany by 4.7% and Spain +2.3% while the Italian markets contracted 9.4% and French -2.1%.For FY2020, commercial vehicle ...

Hyundai Motor (HYMLF): Q4 Net profit increased to KRW1.38T vs. KRW772.1B year ago.Revenue of KRW29.24T (+5.1% Y/Y).Global sales volume decreased 4.7% Y/Y to 1,139,583 units.Sales in markets outside of Korea decreased by 6.6% to 935,393 units and in Korea gained 5% to 204,190 units.In 2021, th...

European car registrations declined 3.3% in December to 1,031,070 units and -23.7% to 9.9M for FY2020, followed by 12% decline in November, due COVID‑19 pandemic.Italy -14.9% and France -11.8% while Germany posted a solid gain of 9.9% and Spain’s performance ...

Lately, there has been a lot of speculation that Apple will be launching an electric car. If Apple did release a car, Magna International could become a partner in parts and manufacturing. Magna has already partnered with LG on EV car parts. In this article, I make the case th...

General Motors < >continues to make noise at CES with talk of the company's personal air mobility plans today adding to the buzz over the new BrightDrop business unit aimed at providing delivery vans and services.In a surprise reveal, the company says Cadillac’s portfolio under...

During the infamous year 2020, with all its distortions and shifts, automakers delivered 14.46 million new vehicles in the US, retail and fleet combined, down 15.4% from 2019, the largest year-over-year percentage decline since 2008 (-18%). General Motors, the largest automaker in US ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Job market recovery?The upbeat mood on Wall Street is likely to outshine any weak job numbers seen today as equities continue to tack on record highs. A hu...

Hyundai Motor (HYMLF) is up more than 20% in Seoul trading after the company confirmed that it is in early stage talks with Apple (AAPL) about working together to develop a self-driving car, without any firm plan in place yet.Reports suggest both electric vehicle production and batt...