HYMLF News and Press, Hyundai Motor Co. Ltd. From 05/19/21

European Union car registrations advanced 218.6% in April to 862,226 units, followed by 87.3% rise in March, because of last year’s low base of comparison due to coronavirus restrictions.YTD demand for passenger cars increased by 24.4% to 3.4M units.Registrations in Italy saw...

In a previous article we have argued that Canoo’s differentiated go-to-market model would position it favorably in the EV space. Our financial projections focused on the contract engineering business, the subscription-model for its EV types, plus its commercial B2B segment. ...

Auto prices soared in the U.S. during April due to limited supply and strong demand. The global chip shortage led by production cuts across the industry and fewer cars hitting dealer lots. The "across-the-board surge" in auto prices contributed significantly to the highly-publicized jump in U...

Ford has been underperforming other major car manufacturers by a wide margin on different metrics. The company is undergoing a Strategic Redesign to make it more competitive again. Even though Ford is trading below its current intrinsic value, I believe it is not a good investment...

Hyundai (HYMLF) says it is recalling more than 390K vehicles in the U.S. and Canada due to the risk of engine fires.In one recall, the issue is serious enough that owners are being told to park their vehicles outdoors until repairs are made for brake fluid leak issue, according to A...

Hyundai (HYMLF) reports sales in the U.S up 128% to 77,523 units in April.Retail sales soared 146% to 74,978 units. Hyundai fleet sales were down 27%, representing 3% of total volume.YTD sales up 48% to 244,653 units.Retail sales rose for the entire lineup with SUVs +...

Global electric car sales for March 2021 were up 173% YoY, reaching 8.2% share. Europe sales rose 169% YoY, reaching 16% share, while China sales rose 244% YoY, reaching 11% share. EV market news - Forecast: Electric vehicle sales will crack 5 million in 2021 reaching 7% share. Joe Bi...

Senators Edward Markey and Richard Blumenthal reintroduced a collection of four bills designed to improve automotive and traffic safety across the United States. The lawmakers says they are releasing the proposals for inclusion in the congressional debate on a comprehensive infrastructure pac...

Hyundai Motor (HYMLF): Q1 Net income of KRW1,522BRevenue of KRW27,391B (+8.2% Y/Y)Press Release For further details see: Hyundai Motor reports Q1 results

Apple is still expensive despite a $20 dip in the stock price. The company is forecast to resume growth below the 10% rate starting in FY22. Investors appear willing to assign far too much value to hyped products such as the Apple Car. Investors should avoid Apple above $125. ...