HYMPY News and Press, Hyundai Motor GDR - 144A From 07/01/22

Hyundai Motor America ( OTCPK:HYMTF ) reported June sales declined 12.9% Y/Y to 63,091 units. Retail sales for the month fell 5.5% vs. industry predictions of 15.8% decline in June. June was the highest sales month in 2022 for the company. "Hyundai's Q2 retail...

Following 16 hours of negotiations, the European Union has agreed to a framework to eliminate carbon emissions from new cars and vans by 2035, effectively closing the chapter on the internal combustion engine. Many automakers are already in the process of switching over to cleaner fleets, but...

While pure-play EV companies have been in the spotlight, actual production of battery electric vehicles has still been minimal (or zero) for many of these companies. Currently, the electric vehicle industry is still in its early stages with very few new entrant EV companies likely abl...

Hyundai Motor America (OTCPK:HYMTF) reported May retail sales fell 30% Y/Y to 59,432 units. May was an all-time record month for Santa Cruz retail sales of 3,151 units. The company reported no fleet sales for the month. On YTD basis, sales plunged 16% to 280,776 units. "There continues to be ...

New commercial vehicle registrations in the European Union fell 27.1% to 125,034 units in April, followed by 24.9% decline in March. On YTD basis, demand for commercial vehicles in the EU decreased by 20.3%. All vehicle segments saw declines due to supply chain and Russia-Ukraine wa...

Hyundai Motor (OTCPK:HYMTF) unveiled plans on Friday to spend $5.5B to build its first dedicated electric vehicle and battery manufacturing plant in the U.S., creating more than 8K jobs. Hyundai (OTCPK:HYMTF) said the new facility near Savannah, Georgia, will break ground in early 2023 and sh...

Hyundai (OTCPK:HYMTF) is expected to announce next week it is building a huge electric vehicle plant near Savannah, Georgia, that could cost more $7B, Associated Press reports. The formal announcement reportedly would come during President Biden's expected May 20-21 visit to Seoul, South Kore...

New passenger car registrations in the EU fell by 20.5% to 844,187 units in March, followed by 6.7% decline in February, mainly due to ongoing supply chain issues, further worsened by Russia’s invasion of Ukraine. In Q1, new car registrations fell by 12.3% Y/Y ...

New commercial vehicle registrations in the European Union fell 15.7% to 131,874 units in February, followed by 11.1% decline in January. Except for heavy commercial vehicles, all segments recorded declines. Spain -23.3%, France -21.4%, Germany -8.1% and Italy -4.8%. On YTD bas...

Due to supply-chain issues increased by the war in Ukraine, new passenger car registrations in the EU fell by 6.7% to 719,465 units in February 2022, followed by 6% decline in January. The four major EU markets reported mixed results: Italy -22.6%, France -13.0% while...