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Hyundai Motor Company, a global automaker based in South Korea, is known for its innovative approach to electric and hydrogen mobility. With a focus on sustainability, Hyundai has made significant strides in developing fuel cell electric vehicles (FCEVs) and supporting a hydrogen economy. The company recently announced collaboration plans with Gran Turismo, unveiled the IONIQ 5 N TA Spec for motorsport events, and continues to invest in the future of mobility with cutting-edge technologies.
Hyundai Motor America reported July 2022 sales of 60,631 units, an 11% decrease from July 2021. Notably, the Tucson SUV saw a 24% increase in sales compared to the previous year, with the Tucson HEV up by 50%. Green car sales rose by 12%. Noteworthy records were reached for the Elantra HEV and Tucson PHEV. No fleet sales occurred in July 2022. The report highlights significant leadership changes, including Randy Parker as the new CEO and the launch of the IONIQ 6 model, marking continued commitment to eco-friendly vehicles.
Hyundai Motor North America has announced key promotions within its executive team, effective August 1. Randy Parker becomes CEO of Hyundai Motor America, overseeing U.S. operations. Edgar Carranza is named CEO of Hyundai Motor Mexico. Promotions also include Tedros Mengiste as Vice President of Genesis Sales Operations, Bob Kim as Vice President of National Sales, and David VandeLinde as Vice President of After-Sales for Hyundai Motor America. The leadership changes aim to continue the brand's growth and market share expansion in North America.
Hyundai Motor North America has appointed Randy Parker as the new CEO of Hyundai Motor America, effective August 1, 2022. This promotion marks Parker as one of the first African Americans to lead a major OEM regional market. Under his previous role as Senior Vice President, Hyundai saw significant growth, achieving a record retail sales figure in 2021 and increasing market share by 31% since 2020. Parker has over three decades of automotive experience, previously holding leadership roles at Infiniti and Nissan. His leadership is expected to continue Hyundai's success in the U.S.
Hyundai Motor North America has appointed Edgar Carranza as the new Chief Executive Officer of Hyundai Motor Mexico, effective August 1, 2022. Carranza, previously the Chief Operations Officer, will oversee all operations, marketing, sales, and customer satisfaction activities. Under his leadership, Hyundai achieved a record 3.7% market share in 2021, with current figures at 3.8%. Carranza aims to enhance customer experience and profit growth while maintaining Hyundai's position as one of the top ten automotive brands in Mexico.
Hyundai's 2022 APEAL Study results highlight the Palisade as the top performer in the Upper Midsize SUV segment and the Santa Cruz in the Midsize Pickup segment. Other vehicles like the IONIQ 5 and Sonata secured second place in their categories, while Tucson and Accent finished third. The study, conducted from February to May 2022, surveyed over 84,000 new vehicle owners on 37 attributes, using a 1,000-point scale. This recognition underscores Hyundai's commitment to quality and customer satisfaction.
Hyundai Motor Company announced the appointment of Brian Latouf as the Global Chief Safety Officer (GCSO), enhancing its commitment to safety across the organization. Latouf will integrate engineering resources from Hyundai and Hyundai Motor North America (HMNA), focusing on safety investigations and data analysis. This role aims to bolster Hyundai's safety-driven culture. Additionally, the company is establishing a unique Safety Test Laboratory in Michigan, employing over 160 personnel. Latouf will remain based in California while overseeing North American safety operations.
Randy Parker, senior vice president of national sales at Hyundai Motor America, will receive the Industry Influencer Award at the Automotive Hall of Fame annual event on July 21 in Detroit. This award honors individuals who significantly impact the automotive industry through their innovative actions and leadership. Parker oversees Hyundai's vehicle sales strategies and dealer relations in the U.S., contributing to the brand's positive market representation.
Rolls-Royce and Hyundai Motor Group have signed a Memorandum of Understanding (MOU) aimed at advancing Advanced Air Mobility (AAM) through all-electric propulsion and hydrogen fuel cell technologies. This collaboration targets five strategic objectives, including the development of electric propulsion systems powered by hydrogen fuel cells and a joint demonstration of a fuel-cell electric aircraft by 2025. The partnership combines Rolls-Royce's aviation expertise and Hyundai's industrial capabilities to support the goal of achieving net zero carbon emissions in aviation by 2050.
Hyundai Motor has unveiled its first full electric high-performance model, the IONIQ 5 N, set to launch in 2023. Alongside, it premiered two high-performance concepts, RN22e and N Vision 74, which highlight the brand's commitment to electrification. RN22e showcases a racetrack-ready electric design based on IONIQ 6, while N Vision 74 emphasizes hydrogen fuel cell hybrid technology, reflecting Hyundai's sustainable performance leadership. These models represent Hyundai's strategic focus on high-performance electric vehicles and continue the legacy of innovation initiated in 2012.
Hyundai Motor launched the IONIQ 6 Electrified Streamliner, a new all-electric vehicle featuring a 77.4-kWh battery and an estimated range of over 610 km on a single charge. With a focus on efficiency, the IONIQ 6 is expected to consume under 14 kWh/100 km, making it one of the most energy-efficient EVs available. The vehicle includes advanced features like 800-V ultra-fast charging and dual color ambient lighting. Designed on the Electric-Global Modular Platform, it aims to enhance the user experience by offering a spacious and ergonomic interior.
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