HYUNDAI MOTOR REG S - HYMTF STOCK NEWS

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.

Hyundai announces its 2024 racing program with seven Elantra N TCR entries in the IMSA Michelin Pilot Challenge, vying for a fifth-consecutive Manufacturers' Championship title. The season will see the return of veteran drivers and the introduction of new talent. Hyundai Hope On Wheels pledges to donate $100 for every lap a Hyundai Elantra N TCR is in the lead during every race of the season. The lineup includes defending champions and newcomers, aiming to maintain the high level of performance achieved over past seasons.

Hyundai has been awarded three models in the 2024 Best Cars for the Money awards from U.S. News & World Report. The Hyundai IONIQ 5 was named Best EV for the Money, the Hyundai Elantra Hybrid was named Best Hybrid Car for the Money, and the Hyundai Tucson was named Best Compact SUV for the Money. The awards are based on long-term value, excellent ownership experiences, safety and reliability data, and the collective opinion of the automotive press.

The Hyundai IONIQ 6 electric sedan has been named a 2024 EV Pulse Editor's Choice, featuring ultra-fast 800-volt/350kW charging capability and an EPA-estimated range of up to 361 miles. The vehicle has been praised for its performance, quality, and features, earning it numerous industry recognitions.

Hyundai Motor America has been certified as a great place to work by Great Place To Work®, as recognized by surveyed employees. This prestigious award is a testament to the positive work environment within the company.