HYUNDAI MOTOR REG S - HYMTF STOCK NEWS

Hyundai Kona Electric has won the J.D. Power 2025 Best-in-Class Residual Value Award in the new Mainstream EV SUV segment. The 2025 Hyundai Santa Fe and IONIQ 6 secured second place in their respective categories. The awards recognize vehicles projected to maintain the highest percentage of their original MSRP over three years.

The recognition highlights Hyundai's commitment to delivering high-quality vehicles with strong resale value, a important factor in determining lease costs and total ownership expenses. The evaluation process covered 293 models across various segments, considering used vehicle performance, brand outlook, and product competitiveness.

Hyundai Motor Company (HMC) has appointed José Muñoz as President and CEO, effective January 1, 2025, succeeding Jaehoon Chang who becomes Vice Chair of Hyundai Motor Group's Automotive Division. Muñoz, who joined HMC in 2019 as Global COO, will lead the company's global business and oversee its 'Progress for Humanity' vision. Under his previous leadership, he drove record sales and market share growth in North America, managed a $12.6 billion investment in the Georgia Metaplant facility, and expanded his responsibilities to include Europe, India, Middle East, Africa, and Asia Pacific markets. Muñoz previously served at Nissan as Chief Performance Officer and Chairman of China and North America operations.

Hyundai Motor Group announced key executive appointments for 2024, effective January 1st, 2025. Jaehoon Chang is promoted to Vice Chair of the Automotive Division, overseeing the entire value chain. José Muñoz becomes the first non-Korean CEO of Hyundai Motor Company, focusing on global management and mobility innovation. Sung Kim is appointed President to manage business through economic uncertainties. Additional appointments include Jun Young Choi as President of Kia and Kyoo Bok Lee as President of Hyundai Glovis. The Group also named new CEOs for affiliates including Hyundai Transys, KEFICO, E&C, and Engineering.

José Muñoz, president and global COO of Hyundai Motor Company, has been named to the 2024 TIME100 Climate list for his leadership in electrification initiatives. Under his guidance, Hyundai Motor Group has secured approximately 10% of the U.S. EV market, second only to Tesla. The company plans to expand its EV lineup to 21 models by 2030, targeting 2 million annual EV sales globally.

Hyundai is investing $12.6 billion in Georgia for EV and HEV production, demonstrating its commitment while other manufacturers reduce their electric vehicle initiatives. The company also plans to double its hybrid electric vehicle models from seven to 14 and introduce hybrid models for Genesis. TIME's editors selected leaders based on measurable achievements rather than mere commitments, particularly focusing on recent actions.

Hyundai's IONIQ 9, the company's first three-row all-electric SUV, has been named among America's Most Anticipated New Vehicles 2025 by Newsweek. The recognition was based on anticipated industry impact, market importance, brand relevance, and cool factor. The vehicle features Hyundai's Electric-Global Modular Platform (E-GMP) and an 'Aerosthetic' design incorporating Korean Hanbok-inspired character lines and Parametric Pixel lighting.

The IONIQ 9's teaser content has been unveiled ahead of its world premiere in November, showcasing a bold design that aims to redefine three-row electric SUVs. This recognition is part of Newsweek Autos' inaugural Most Anticipated New Vehicles awards program, which features various new-to-market, redesigned, and powertrain-updated vehicles.

Hyundai Motor America has earned the Great Place To Work® Certification for the second consecutive year. The certification reflects employee satisfaction, with 76% of respondents rating it as a great workplace - a 3% increase from last year and 19 points above the U.S. company average. Employees highlighted the company's inclusive culture, benefits, and work-life balance as key positives. According to research, job seekers are 15 times more likely to choose certified companies, while certified workplace employees are 67% more likely to look forward to work and 85% more likely to stay long-term.

Hyundai Motor America hosted a community child safety seat check event in Birmingham, Alabama, continuing its partnership with Children's of Alabama through the Hyundai Hope initiative. The program has served over 900 families and replaced more than 140 car seats to date. At the event, certified technicians provided free inspections of car seats, checking for recalls, expiration dates, and proper fit. According to NHTSA, nearly half of car seats are installed incorrectly, while proper usage can reduce fatal injury risks by 71% for infants and 54% for children aged 1-4 years.

Hyundai Motor America achieved record-breaking October sales of 71,802 units, marking an 18% increase compared to October 2023. The company saw significant growth in hybrid vehicle sales, which jumped 91%. Notable performance included record-breaking sales for several models, including Elantra N (+373%), Santa Fe HEV (+136%), Tucson (+5%), Tucson HEV (+140%), IONIQ 5 (+51%) and Palisade (+27%). Retail sales climbed 15%, setting new October records. This marks the third consecutive year of total sales records for October.

Hyundai Motor Company unveiled its INITIUM hydrogen fuel cell electric vehicle (FCEV) concept at the 'Clearly Committed' event in Korea. The concept previews a new production FCEV planned for release in the first half of next year, showcasing the company's new 'Art of Steel' design language. The INITIUM represents Hyundai's 27-year legacy in hydrogen technology development and its commitment to developing a hydrogen society. Earlier this year at CES 2024, Hyundai launched its HTWO hydrogen value chain business, introducing HTWO Grid – an end-to-end hydrogen energy solution covering production, storage, transportation, and utilization.