Hyundai Awarded 'OEM of the Year' by WardsAuto at Annual AutoTech Detroit Conference

Rhea-AI Summary

Hyundai Motor America has been named 'OEM of the Year' by WardsAuto at the AutoTech Detroit Conference, marking the second time it has received this honor, the first being in 2021. Additionally, Hyundai and Parkopedia received the 'Collaborative Partnership of the Year' award for the launch of Hyundai Pay in the 2024 Hyundai Kona. Hyundai's commitment to innovation and its investment in battery-electric vehicles (BEVs) were highlighted, with the company pledging billions toward new models and electronic architectures. Hyundai's operations in the U.S. contribute significantly to the economy, supporting $20.1 billion annually and 190,000 jobs.

Positive

• Hyundai awarded 'OEM of the Year' by WardsAuto for the second time.
• Received 'Collaborative Partnership of the Year' with Parkopedia.
• Launch of innovative Hyundai Pay in the 2024 Hyundai Kona.
• Hyundai's ongoing investment in BEVs and electronic architectures.
• Significant U.S. operations contributing $20.1 billion annually to the economy.
• Hyundai supports 190,000 jobs in the U.S.

Negative

• None.

• Hyundai awarded collaborative partnership of the year with Parkopedia

FOUNTAIN VALLEY, Calif., June 5, 2024 /PRNewswire/ -- Hyundai Motor America was named 'OEM of the Year' by WardsAuto at the AutoTech Detroit Conference in Novi, Mich. This is the second time Hyundai has been awarded the top honor by the organization. Hyundai also received the 'Collaborative Partnership of the Year' award with Parkopedia for combined work on the launch of the innovative Hyundai Pay service introduced in the 2024 Hyundai Kona. Through WardsAuto's community, connections and event power, and the research expertise of Wards Intelligence, the brand provides expert direction into automotive and technology leadership.

"Hyundai appreciates the prestigious 'OEM of the Year' honor by WardsAuto for a second time, the company was also awarded in 2021," said Randy Parker, CEO, Hyundai Motor America. "The honors further acknowledges our efforts in providing leading-edge products, creative designs and forward-thinking technologies, all at reasonable price-points. As consumers navigate the competitive vehicle landscape we hope awards such as this will educate shoppers on Hyundai's vast vehicle line-up and multiple propulsions including EVs, HEVs and PHEVs." 

"Hyundai is one automaker that never fails to wow us. It has consistently delivered reliable, affordable and oftentimes groundbreaking battery-electric vehicles at this early stage of the industry's transformation to electrification," said David Zoia, senior director, content, Wards Intelligence. "While some are slowing investment in BEVs, Hyundai has pledged billions toward development of new models and their electronic architectures. It also continues to make rapid advancements in cockpit technology and design, as evidenced by its many Wards 10 Best Interiors & UX award wins in recent years. Simply put, when it comes to innovation, Hyundai remains a leader."

Hyundai Motor America

Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America (in development in Georgia), and several cutting-edge R&D facilities. These operations, combined with those of Hyundai's 835 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a recent economic impact report. For more information, visit www.hyundainews.com.

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SOURCE Hyundai Motor America

FAQ

What award did Hyundai win at the AutoTech Detroit Conference?

Hyundai won the 'OEM of the Year' award at the AutoTech Detroit Conference.

How many times has Hyundai won the 'OEM of the Year' award?

Hyundai has won the 'OEM of the Year' award twice, first in 2021 and again in 2024.

What other award did Hyundai receive at the AutoTech Detroit Conference?

Hyundai received the 'Collaborative Partnership of the Year' award with Parkopedia.

What is Hyundai Pay?

Hyundai Pay is an innovative service launched in the 2024 Hyundai Kona, developed in collaboration with Parkopedia.

How much does Hyundai contribute to the U.S. economy annually?

Hyundai contributes $20.1 billion annually to the U.S. economy.

How many jobs does Hyundai support in the U.S.?

Hyundai supports 190,000 jobs in the U.S.

What is Hyundai's commitment to battery-electric vehicles (BEVs)?

Hyundai has pledged billions toward the development of new BEV models and their electronic architectures.