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hyundai motor co (HYMLF) Details

Hyundai Motor Company, together with its subsidiaries, manufactures and distributes motor vehicles and parts worldwide. It offers cars under Centennial/Equus, Genesis, Genesis Coupe, Azera, Sonata, i40, i40 Sedan, Elantra, Elantra Coupe, i30, i30 Wagon, i30 3DR, Veloster, Veloster Turbo, Accent, Accent 5DR, ix20, i20 5DR, i20 3DR, HB20, Grand i10, New Generation i10, Eon, and i10 names. The company also provides SUVs under Grand Santa Fe, Tucson/ix35, and Santa Fe names; and commercial vehicles comprising trucks, buses, special vehicles, and bare chassis products, as well as Eco vehicles under the names of ix35 Fuel Cell and Sonata Hybrid. In addition, it is involved in the provision of vehicle financing and credit card processing services; and manufacture of trains. Hyundai Motor Company was founded in 1967 and is headquartered in Seoul, South Korea.

Founded in 1967

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Hyundai Reveals the Revised i40 in South Korea

Hyundai has revealed the revised i40 in South Korea. The exterior features a new single frame hexagonal grille design, as well as LED rear lights. The vehicle also features a new Euro VI compliant 1.7-litre four-cylinder diesel engine which produces 141-hp and 34.7 kilograms per metre (kg/m) of torque, but is capable of fuel efficiency of 16.7 kilometres per litre (km/l). The engine is available with a seven-speed dual clutch transmission (DCT). The automaker has set pricing from KRW 24.95 million (USD 23,024) for the sedan and KRW 25.95 million for the estate. The facelifted i40 was revealed in Europe at the end of last month to revitalise the model which was first launched in 2011. While Europe was intended as the key market for the i40 as Hyundai made a push into the declining D segment, it also offered the opportunity for Hyundai to broaden its portfolio in the D segment in its domestic market next to the similar sized Sonata. The diesel engine is likely to be an important selling point for this vehicle, where demand for this fuel type has been growing on the acceptance of this technology, particularly among customers by import brands. IHS Automotive anticipates that sales of this revitalised model will stand at around 5,500 units during 2015, an improvement on a year ago but around half its peak reached during 2012. It will also be significantly below the almost 100,000 units of the Sonata that will be sold in the country this year.

Hyundai Launches Revamped i30 Hatchback in South Korea

Hyundai launched its revamped i30 hatchback in South Korea. The company said the New i30 was based on Hyundai's Fluidic Sculpture 2.0 design concept, was equipped with a single-frame grille, and came with a new diesel engine option. The new model is available with a choice of three diesel engines: a 1.4-litre motor with 90 PS and a 1.6-litre unit in two power output versions of 110 PS and 136 PS, equipped with a new 7-speed dual-clutch transmission. The New i30 is claimed to offer fuel efficiency of 17.8 kilometres per litre, representing a 10% increase from the previous model. Other additional features included in the latest model are a tyre-pressure-monitoring system (TPMS) and the Blue Link 2.0, among others. The model's price starts at KRW 18.9 million (USD 17,410).

Hyundai Motor Company Reports Consolidated Earnings Results for the Fourth Quarter and Full Year of 2014

Hyundai Motor Company reported consolidated earnings results for the fourth quarter and full year of 2014. For the quarter, the company reported sales revenue of KRW 23,574,222 million against KRW 21,937,700 million a year ago. Operating profit was KRW 1,875,675 million against KRW 87,307,636 a year ago. Recurring profit was KRW 2,129,858 million against KRW 2,942,782 million a year ago. Net profit was KRW 1,656,371 million against KRW 2,129,787 million a year ago. For the year, the company reported sales revenue of KRW 89,256,319 million against KRW 87,307,636 million a year ago. Operating profit was KRW 7,549,986 million against KRW 8,315,497 a year ago. Recurring profit was KRW 9,951,274 million against KRW 11,696,706 million a year ago. Net profit was KRW 7,649,468 million against KRW 8,993,498 million a year ago.


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