HYUNDAI MOTOR REG S - HYMTF STOCK NEWS

Hyundai's 2024 Kona Electric has been named the Vincentric Best Value in America™ winner in the Subcompact SUV segment. The 2024 Hyundai Venue also has the lowest total cost of ownership in the Subcompact SUV class. Vincentric uses a statistical analysis model that considers the market price and total cost of ownership of all 2024 model year vehicles.

Hyundai Motor Company receives credit rating upgrade from Moody's, reflecting continued profitability and balance sheet improvements. The upgrade to A3 with a stable outlook acknowledges the company's strengthened product competitiveness and strong free cash flow generation. Moody's also cited Hyundai Motor's robust profitability and substantial financial buffer over the next one to two years, despite global automotive industry challenges.

Hyundai Motor America reported a 9% decrease in total January sales, with a record January total sales for Palisade and the all-new Kona. The company's electric vehicle sales grew 42%, while battery-electric and plug-in hybrid models saw a combined year-over-year increase of 77%. Hyundai was ranked first in customer loyalty in the automotive industry for the 15th consecutive year and received several awards for its models.

Hyundai Motor America announces the third consecutive year of the Progress Project, providing financial assistance to black-owned small businesses in Ann Arbor and Ypsilanti, Michigan. Three businesses received $15,000 each to support their growth and community impact. The project is part of Hyundai's commitment to celebrating Black History Month and investing in local communities.

Hyundai Motor Company and Iveco Group have signed a supply agreement for an all-electric light commercial vehicle for Europe. The IVECO-badged vehicle will be based on Hyundai's Global eLCV platform, signifying an extension of their partnership to encompass a broader array of eco-friendly lineups. The vehicle will be the first export model to apply Hyundai's new Global eLCV platform, featuring a low-floor design and advanced technology for next-generation BEVs. The agreement includes Hyundai manufacturing and supplying the IVECO-badged chassis cab for the European market, with Iveco Group locally customizing and distributing the complete vehicles. The new product will be launched at the IAA Transportation 2024 in Hannover, Germany.

Hyundai received seven Editors' Choice Awards from Car and Driver, recognizing their wide range of EVs, SUVs, sedans, and compact trucks. The awards help in-market buyers narrow down their shopping lists by identifying the best vehicles in 36 specific categories. The awarded models include the Hyundai IONIQ 5, IONIQ 6, Elantra N, Kona, Palisade, Santa Cruz, and Sonata. Car and Driver's recognition further exemplifies Hyundai's commitment to providing the best products for customers, motivating them to pursue excellence in driving dynamics, engineering, and cutting-edge technology.

Hyundai launches the all-new 2024 Santa Fe with a national campaign during professional football's conference championship games on Jan. 28. The campaign titled 'VIKINGS' encourages viewers to conquer the weekend in the all-new Santa Fe, transforming the ordinary into the extraordinary. The ad features the iconic music track 'Barracuda' by Rock and Roll Hall of Famers, Heart. The campaign aims to highlight the joy of breaking away from the weekly routine and unleashing the Viking-like spirit, empowering drivers to embrace new adventures. The national TV spot will air during football's Conference Championship Games and extend content on Hyundai's social media channels.

Hyundai has released pricing for the all-new 2024 Santa Fe SUV, featuring a premium new design, standard three-row seating, standard 2.5L turbocharged powertrain, with an entry price of $33,950. The Santa Fe 2.5L turbo models are arriving at dealers now, with hybrid models arriving this spring. The new Santa Fe presents a bold, new, upright design for a rugged-yet-sophisticated appearance, featuring increased dimensions for cargo loading, with a liftgate opening that is nearly six inches wider and two inches taller than the previous generation.

Hyundai is launching the IONIQ 5 Disney100 Platinum Edition, a limited-production vehicle with only 1,000 units available, starting at $59,400. The vehicle, featuring visual creative input from Walt Disney Imagineering, will be part of a social series starring Josh Peck and John Stamos, visiting historic Disney locations. The series will be released on the Disney YouTube channel, Disney+, and Hulu, along with additional social media content. The exclusive features of the vehicle include a Gravity Gold Matte exterior color, Disney100-exclusive 20-inch Alloy Wheels, and Disney-inspired interior details.