HYMLF News and Press, Hyundai Motor Co. Ltd. From 04/23/22

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Ongoing semiconductor shortage led to European Union car registrations decline of 23.1% to 718,598 units in September, followed by 19.1% decline in August and 23.2% decline in July. This fall marks the lowest number of registrations for a month of September since 1995. All...

Hyundai (OTCPK:HYMTF) reports sales in the U.S declined 2% Y/Y to 53,800 units in September, still better than industry predictions that forecasted a 25% decline for the month. Retail sales fell 5% to 49,439 units. Eco-friendly vehicle retail sales continued to g...

After four months of accelerated growth, European Union car registrations slipped 19.1% Y/Y in August to 622,993 units, followed by 23.2% decline in July to 823,949 units. The market picked up with +87.3% in March, +218.6% in April, +53.4% in May and +10.4% in June, after ...

Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...

Tesla (TSLA +0.7%) tracks closer to selling cars in India after receiving approval to make or import different models in the nation. A posting on the India Ministry of Road Transport and Highways' website indicates four different TSLA models were approved for being on the roads in India....

This is a step forward for Toyota more in terms of its new factory in Alabama. Toyota will produce the Corolla Cross in this new factory, and this is unsurprisingly the crossover-SUV version of the Corolla. Looking at the Kia Seltos-Forte sales ratios in the US market, we can esti...

India predicts that new vehicle sales will increase 30% after its new scrappage policy is enacted in October, says Nitin Gadkari, India's minister for road transport and highways. Under the policy, owners that scrap their vehicles will receive 4% to 6% of the showroom price of the old vehicle...

Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...