Asia
Nomura Adjusts Hyundai Motor's Price Target to KRW520,000 From KRW600,000, Keeps at Buy
Hyundai Motor (KRX:005380) has an average rating of overweight and mean price target of 649,000 won, according to analysts polled by FactSet.
KRX:005380
KRX:005380
71 stories mentioning KRX:005380Updated 2d ago
Every FINWIRES story that references KRX:005380, newest first.
What are analysts saying about KRX:005380?
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
What's the latest news on KRX:005380?
Asia
Hyundai Motor Group to Invest $5.8 Billion in Louisiana Electric Arc Furnace Steel Mill
Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270), will invest $5.8 billion in an electric arc furnace steel mill in Louisiana, jointly constructed by Hyundai Steel (KRX:004020) and Posco (RX:005490), Hyundai Steel said Friday.Speaking at the groundbreaking ceremony, Hyundai Motor Group Executive Chair Chung Euisun said that the new facility will supply low-carbon, high-grade steel. The facility is expected to begin production in early 2029, with an annual capacity of 2.7 million tons of hot-rolled and cold-rolled steel sheets, primarily for automotive applications, the release said.Hyundai Motor Group will hold an 80% stake in the new facility, called Hyundai-Posco Louisiana Steel, while Posco will own the remaining 20%.Shares of Hyundai Motor rose nearly 2%, Kia added 1%, while Hyundai Steel added over 1%, and Posco shed 1% in recent trade.
KRX:000270KRX:004020KRX:005380KRX:005490
Asia
Hyundai to Deploy Hydrogen Buses and EV Chargers in Oman
Hyundai Motor (KRX:005380) has signed an MOU with Oman's MTCIT to support the nation's Vision 2040 smart city strategy, positioning itself as a key partner in sustainable urban development and carbon neutrality.The one-year, automatically renewable agreement covers eco-friendly mobility solutions, including electric and hydrogen fuel cell vehicles, according to a statement on Friday.Separately, the group signed a pilot with Mwasalat to run Oman's first hydrogen bus-the 24-seat ELEC CITY Fuel Cell-on Muscat public routes from Q3 2026 to Q3 2027 as actual passenger service.Additionally, an ultra-fast EV charger will be deployed in Muscat through agreements with local energy and transport sectors.These moves collectively anchor Hyundai's role in Oman's transition toward sustainable transportation and smart city infrastructure.
KRX:005380
Asia
Hyundai Motor Resumes Production at Ulsan Plant
Hyundai Motor (KRX:005380) resumed automobile production, maintenance, and sales at its Ulsan plant in South Korea, according to a Wednesday filing.The automaker's operations were suspended due to a strike.Following collective bargaining, the company valued the resumed production at 78.8 trillion won.
KRX:005380
Asia
Hyundai Motor's August Sales Decline Over 14%
Hyundai Motor (KRX:005380) August global sales fell to 288,574 units, down 14% from 336,141 a year earlier, according to a bourse filing on Tuesday.The figure is also lower by 9.4% from July's 318,686.On a yearly basis, domestic sales in August plummeted 41% to 34,333 units and overseas sales decreased nearly 9% to 254,241 units from a year ago.For the year-to-date through August, cumulative global sales totaled 2.58 million vehicles, a 6.0% decline from 2.74 million units in the year-ago period.Cumulative domestic sales decreased 15% to 399,159 units, while cumulative overseas sales fell 4.1% to 2.18 million compared to the prior-year period.
KRX:005380
Asia
Hyundai Motor's Global Sales Decline 14% in August
Hyundai Motor's (KRX:005380) global sales fell 14% year over year to 288,574 vehicles in August, according to a Tuesday filing with the Korea Exchange.International sales decreased 8.5% to 254,241 units, while domestic sales fell 41% to 34,333 units.ear‑to‑date global sales were down 6% at about 2.6 million vehicles, including 399,159 sold domestically and about 2.2 million overseas.
KRX:005380
Asia
Market Chatter: Hyundai Motor's Union Agrees to Wage Deal
Hyundai Motor's (KRX:005380) union have agreed to a wage deal with the automaker for 2026, Yonhap News Agency reported Tuesday, citing a statement from the union.About 62% of the 31,166 union members voted on Monday to approve the deal, which includes a 100,000 won raise in monthly base wages, the report cited the union as saying.Other terms include performance bonuses of 400% of workers' monthly pays and 12.7 million won in cash as well as an extension in the retirement age to 65 from 60 under changes in related laws, the report said.The union's earlier strikes, including a walkout on Aug. 21, led to about 120 hours of production stoppages, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:005380
Asia
Market Chatter: Hyundai Motor Group Unveils New Product Roadmap for US Market
Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270), has come up with an aggressive product roadmap for its hybrid push in the U.S. market to beat Japan's Toyota Motor (TYO:7203), the Financial Times reported Wednesday.The South Korean automaker, in its investor day on Wednesday, unveiled its plan of more than 100 new vehicle launches and model updates through 2030, which comprise 58 for North America. Hybrids are expected to make up more than 50% of sales in the region, the report said.The group plans to enter 18 new vehicle segments, including mid-size pickups, which would increase its competition with Ford, Toyota and General Motors in the U.S. It also plans to introduce range-extended electric vehicles in H1 2027 as it looks to offset weakening U.S. EV demand following tax credit cancellations, it said.Shares of Hyundai Motor and Kia fell over 2% and 3%, respectively, in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:000270KRX:005380TYO:7203
Asia
Hyundai Motor to Launch More Than 100 New, Updated Models by 2030
Hyundai Motor (KRX:005380) has revealed a plan to launch more than 100 models and updates by 2030, according to its CEO Investor Day release on Wednesday.The South Korean auto major looks to penetrate 18 new segments, with seven models to be launched over the next eight months.The new and refreshed models include 58 for North America, 49 for Korea, 41 for Europe, 26 for India and 22 for China.The plan includes the production of the Santa Fe extended-range electric vehicle (EREV) and Genesis EREV, the first of their kinds to be made by the company, by early 2027.The company looks to add about 1.3 million units in its global capacity, including 500,000 in North America, 320,000 in India and 200,000 in Korea.
KRX:005380
Asia
South Korean Shares Rebound as Investors Await Nvidia Earnings
South Korean shares closed higher on Tuesday, recovering from earlier losses as investors awaited key corporate earnings due this week, including results from California-based chip giant Nvidia.The Korea Composite Stock Price Index, or Kospi, increased by 45.78 points, or 0.7%, to close at 6,742.74. The Kosdaq rose by 13.82 points, or 1.7%, to close at 827.15.In economic news, South Korea's consumer sentiment fell in August, with the Composite Consumer Sentiment Index dropping 2.3 points to 104.5, according to data from the Bank of Korea on Tuesday.The reading compared with the 106.8 level recorded in the previous month. A reading above 100 indicates optimism, while a reading below suggests a deteriorating outlook.Meanwhile, inflation expectations for the upcoming 12 months were unchanged from the previous month at 2.7%.In corporate news, the management and the 400,000-member labor union of Hyundai Motor (KRX:005380) reached a possible wage agreement early on Tuesday after the union staged 60 hours of strikes this year that led to production disruptions and significant sales losses, Yonhap News reported the same day.The strikes caused about 120 hours of production disruptions and are estimated to have lowered output by 55,200 vehicles, with lost sales surpassing 2.3 trillion won, the report said.Under the deal, monthly base pay will increase by 100,000 won, while workers will receive a performance bonus of over 400% of monthly salary and an additional 12.5 million won payment. The parties also agreed to extend the retirement age from 60 to 65 if relevant laws are revised, it said.The agreement will be subject to a union vote on Aug. 31, the report said.Shares of the automaker added nearly 2% at market close.
^KOSDAQKOSPIKRX:005380
Asia
Hyundai Motor Launches 2027 Palisade SUV in South Korea
Hyundai Motor (KRX:005380) launched the 2027 Palisade sport utility vehicle (SUV) in South Korea, broadening the lineup with new variants, the automaker said in a Tuesday release.New variants include a high-roof model, a new premium-designed special trim and outdoor-oriented XRT trim, the release said.Prices range between 44.78 million won and 81.59 million won, depending on seating capacity and powertrain, with seven- and nine-seat configurations and gasoline and hybrid options.
KRX:005380
Asia
Hyundai Motor Company Union Workers Stage Full Strike in South Korea
Hyundai Motor Company (KRX:005380) union workers staged its first full strike in a decade on Friday after negotiations with the management over a wage hike, an increase in the retirement age, and job protections against artificial intelligence and automation failed in South Korea.Reuters reported Friday, citing officials, that about 40,000 Hyundai workers were expected to stage a walkout, while about 1,300 union members and 3,000 members from affiliate Kia and suppliers are expected to join the Seoul rally.The strike is the union's first full-day walkout since 2016, the report said.
KRX:005380
Asia
Market Chatter: Hyundai Motor Faces KRW2.3 Trillion Hit as Full-Day Strike Halts Domestic Output
Hyundai Motor's (KRX: 005380) full-day labor strike on Friday is estimated to cause 2.3 trillion won in lost sales by halting production at its Ulsan, Jeonju, and Asan plants for 16 hours, Yonhap News reported the same day.About 39,000 union members are walking out after failing to reach a wage agreement with management. The union has staged 60 hours of strikes since May and plans additional four-hour stoppages on Monday and Tuesday, the report said.The ongoing strikes are expected to result in an estimated cumulative production loss of 55,200 vehicles, the report said.Hyundai Motor did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:005380
Asia
Update: Market Chatter: Hyundai Motor Workers Threaten Partial Strikes Over Wage Dispute
(Updates to add Hyundai's response)Hyundai Motor's (KRX:005380) 40,000-member labor union plans to carry out a partial strike throughout this week after failing to reach a wage agreement with the automaker's management, Yonhap News reported Tuesday.The union scheduled four-hour partial strikes on Monday and Tuesday, with plans to continue next week, according to the report.The union is seeking a 149,600-won increase in monthly base pay and a performance bonus equivalent to 30% of the net profit in 2025. The automaker has offered an 80,000-won monthly base-pay raise, a performance bonus equivalent to 350% of monthly salary plus 10 million won, along with 15 company shares, the report said."Strike action can impact our customers, partners and operations. We are at a critical time when both sides must work together to successfully navigate the global transition to future mobility. Hyundai Motor remains committed to finding solutions through dialogue and good-faith engagement," the company toldin a statement.Shares of the automaker fell nearly 5% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:005380
Asia
South Korean Shares Retreat for Second Day on Chip Stock Losses; Samsung Loses 8%, SK Hynix 10%
South Korean shares closed lower on Wednesday for a second day, dragged down by sharp declines in semiconductor stocks as higher oil prices and global bond yields took a toll on investor sentiment. Shares of key chipmakers Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) declined 8% and 10%, respectively, at market close.The Korea Composite Stock Price Index, or Kospi, decreased by 398.66 points, or 5.8%, to close at 6,471.17. The Kosdaq also fell by 9.74 points, or 1.2%, to close at 824.46.In economic news, Moody's has revised up its economic growth forecast for South Korea to 3.5%, driven by a boost in semiconductor activity until at least mid-2027.The rating agency expects GDP growth of 2.7% for the country in 2027.The forecast for this year is higher than the previous estimates of 2.5% in May and 1.8% in February.In corporate news, Hyundai Motor's (KRX:005380) 40,000-member labor union plans to carry out a partial strike throughout this week after failing to reach a wage agreement with the automaker's management, Yonhap News reported Tuesday.The union scheduled four-hour partial strikes on Monday and Tuesday, with plans to continue next week, according to the report.The union is seeking a 149,600-won increase in monthly base pay and a performance bonus equivalent to 30% of the net profit in 2025. The automaker has offered an 80,000-won monthly base-pay raise, a performance bonus equivalent to 350% of monthly salary plus 10 million won, along with 15 company shares, the report said.Hyundai Motor did not immediately respond to' request for comment.Shares of the automaker fell 5% at market close.
^KOSDAQKOSPIKRX:000660KRX:005380KRX:005930
Asia
Market Chatter: Hyundai Motor Workers Threaten Partial Strikes Over Wage Dispute
Hyundai Motor's (KRX:005380) 40,000-member labor union plans to carry out a partial strike throughout this week after failing to reach a wage agreement with the automaker's management, Yonhap News reported Tuesday.The union scheduled four-hour partial strikes on Monday and Tuesday, with plans to continue next week, according to the report.The union is seeking a 149,600-won increase in monthly base pay and a performance bonus equivalent to 30% of the net profit in 2025. The automaker has offered an 80,000-won monthly base-pay raise, a performance bonus equivalent to 350% of monthly salary plus 10 million won, along with 15 company shares, the report said.Hyundai Motor did not immediately respond to' request for comment.Shares of the automaker fell nearly 5% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:005380
Asia
Market Chatter: Hyundai Motor's Labor Union to Carry Out Four-Day Partial Strike Over Wages Dispute
Hyundai Motor's (KRX:005380) 40,000-member labor union plans to carry out a four-day partial strike this week after it couldn't reach an agreement with the automaker in a dispute over wages, The Korea Times reported Tuesday.The union said it will hold four-hour strikes on Wednesday and Thursday, followed by six-hour strikes on Friday and Sunday, according to the report.The union is seeking a 149,600-won increase in monthly base pay and a performance bonus equivalent to 30% of the net profit in 2025. The automaker has offered an 80,000-won monthly base-pay raise, a performance bonus equivalent to 350% of monthly salary plus 10 million won, along with 15 company shares, the report said.Hyundai Motor did not immediately respond to' request for comment.Shares of Hyundai Motor added 2% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:005380
Asia
LX Semicon Begins Production of Automotive MCU for Hyundai Motor, Kia
LX Semicon (KRX:108320) said that it has started mass production of its automotive motor control microcontroller unit, LX61101, for supply to South Korean automakers Hyundai Motor (KRX:005380) and Kia (KRX:000270), according to a Monday release.The company said that the new chips, designed for motor control in automotive body electronics, will be used in window safety and vehicle aerodynamics systems.The new chips will be used in Hyundai Motor and Kia vehicles scheduled to enter production in the second half of this year.
KRX:000270KRX:005380KRX:108320
Asia
Market Chatter: LX Semicon Completes First Supply of Automotive Chips to Hyundai Motor, Kia
LX Semicon (KRX:108320) completed the first supply of its automotive microcontroller unit to South Korean automakers Hyundai Motor (KRX:005380) and Kia (KRX:000270), marking a significant step in its automotive business.The company has started the mass production of the LX61101, an MCU optimized for motor control in automotive body electronics, The Korean Times reported Monday.The new chips will initially be used in Hyundai Motor and Kia vehicles scheduled to enter production in the second half of this year and are expected to be expanded to more models, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:000270KRX:005380KRX:108320
Asia
Market Chatter: Hyundai Motor to Launch Parking Robot Demonstration Project at Hillstate The Wave City Apartment in Siheung
Hyundai Motor (KRX:005380) will launch a parking robot demonstration project at an apartment complex in Siheung as part of its efforts to develop a smart parking management system in South Korea, Yonhap News reported Monday.As part of the government's smart city regulatory sandbox program, the South Korean automaker will form a consortium with affiliates including Hyundai Wia and Hyundai Engineering & Construction for the project at Hillstate The Wave City in Siheung, southwest of Seoul.Under the project, two sets of Hyundai Wia parking robots will be deployed at the apartment complex, with 1,796 residential units, scheduled to open for residents next year.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KRX:005380
Showing 1-20 of 71
