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KRX:005380

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Asia

Hyundai Motor Invests KRW70 Billion in Hyundai Motor Securities MMT

Hyundai Motor (KRX:005380) invested 70 billion won in a money market trust (MMT) issued by affiliate Hyundai Motor Securities (KRX:001500) on Wednesday, according to a same-day filing with the Korean Exchange.The investment will mature on Oct. 29 and has an interest rate linked to market rates. The investment is aimed at better fund management and profitability enhancement, the filing said.Cumulative transactions with Hyundai Motor Securities in the current fiscal year stand at 305 billion won, it said.Shares of Hyundai Motor fell 2% in recent trade.

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Asia

Hyundai Autoever Enters KRW398.6 Billion Contract with Hyundai Motor

Hyundai Autoever (KRX:307950) signed an AWS Private Pricing Commitment Agreement with its largest shareholder Hyundai Motor (KRX:005380).The contract is worth 398.6 billion won, according to a Tuesday filing with the South Korea bourse.The term of the contract begins Oct. 1, 2026, and ends Sept. 30, 2031.

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Asia

Hyundai Motor Flags 9.56 Trillion Won Sales Hit From Asan Plant Suspension

Hyundai Motor (KRX:005380) expects to book a sales hit of 9.56 trillion won from the planned suspension of its Asan factory to replace aging equipment, according to a Korea bourse filing on Friday.The figure represents 5.13% of the carmaker's consolidated sales in 2025.The suspension, which will run from July 25 to Aug. 11, excludes the ongoing collective bargaining-related stoppage.The board internally approved the decision on July 24, with the suspension period incorporating the plant's scheduled summer vacation between Aug. 3 and Aug. 7.

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Asia

Nomura Adjusts Hyundai Motor's Price Target to KRW600,000 From KRW670,000, Keeps at Buy

Hyundai Motor (KRX:005380) has an average rating of overweight and mean price target of 697,107.10 won, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

KRX:005380
Asia

South Korean Shares Close Sharply Lower on Escalated US-Iran Military Conflict, Oil Price Jump

South Korean shares broke a three-day winning streak to close sharply lower on Friday, amid escalating tensions in the Middle East.The U.S. carried out a 13th straight night of strikes on Iran on Thursday, targeting military sites and commercial establishments, while Yemen's Iran-backed Houthi rebels said they attacked two Saudi oil tankers in the Red Sea. In addition, these escalations led to oil prices climbing above $100 a barrel.The Korea Composite Stock Price Index, or Kospi, decreased by 406.27 points, or 5.7%, to end at 6,690.62. The Kosdaq also fell by 42.06 points, or 5.3%, to close at 748.22.In corporate news, Samsung Electronics' (KRX:005930) decision to award bonuses of over $400,000 to some of its employees has led to labor protests across major firms in South Korea, Bloomberg News reported Friday.Assembly-line workers at automaker Hyundai Motor (KRX:005380) plan to carry out a three-day partial strike next week to demand bonuses of up to 30% of consolidated profit, while unions at HD Hyundai Heavy Industries (KRX:329180) and LG Uplus (KRX:032640) are seeking payouts equal to at least 30% of operating profit, the report said.Employees at Hanwha Aerospace (KRX:012450) and HD Hyundai Electric (KRX:267260) seek bonus limitations removed, while workers at internet giant Kakao Corporation (KRX:035720) are demanding up to 15% of operating profit for bonuses, and technology firm Naver's (KRX:035420) union is establishing a coalition with affiliate unions to boost negotiations, Bloomberg News said.Kakao Corporation could not be reached, while Hyundai Motor, HD Hyundai Heavy Industries, LG Uplus, Hanwha Aerospace, HD Hyundai Electric, and Naver did not immediately respond to' request for comment.Shares of Samsung Electronics fell nearly 8%, those of Hyundai Motor and HD Hyundai Electric declined 7%, while shares of HD Hyundai Heavy Industries fell nearly 3% at market close. Shares of Hanwha Aerospace added over 2%, while shares of Kakao and Naver declined 3% and 6%, respectively.In other news, KB Financial Group (KRX:105560) posted a 3.2% year-over-year decline in profit attributable to owners of the parent to 1.124 trillion won from 1.161 trillion won for the second quarter, according to a Friday filing with the Korea Exchange.Net sales fell 17% to 11.8 trillion won from 14.2 trillion won for the three months ended June 30.Shares of KB Financial slipped 3% at market close.

^KOSDAQKOSPIKRX:005380KRX:005930KRX:012450KRX:032640KRX:035420KRX:035720KRX:267260KRX:329180
Asia

Market Chatter: Samsung Electronics' $400,000 Bonus Leads to Labor Protests Across South Korea

Samsung Electronics' (KRX:005930) decision to award bonuses of over $400,000 to some of its employees has led to labor protests across major firms in South Korea, Bloomberg News reported Friday.Assembly-line workers at automaker Hyundai Motor (KRX:005380) plan to carry out a three-day partial strike next week to demand bonuses of up to 30% of consolidated profit, while unions at HD Hyundai Heavy Industries (KRX:329180) and LG Uplus (KRX:032640) are seeking payouts equal to at least 30% of operating profit, the report said.Employees at Hanwha Aerospace (KRX:012450) and HD Hyundai Electric (KRX:267260) seek bonus limitations removed, while workers at internet giant Kakao Corporation (KRX:035720) are demanding up to 15% of operating profit for bonuses, and technology firm Naver's (KRX:035420) union is establishing a coalition with affiliate unions to boost negotiations, Bloomberg News said.Kakao Corporation could not be reached while Hyundai Motor, HD Hyundai Heavy Industries, LG Uplus, Hanwha Aerospace, HD Hyundai Electric, and Naver did not immediately respond to' request for comment.Shares of Samsung Electronics fell over 8%, those of Hyundai Motor and HD Hyundai Electric declined over 9% and 7% respectively, while shares of HD Hyundai Heavy Industries fell more than 2% in recent trade. Shares of LG Uplus declined over 1% while those of Hanwha Aerospace added nearly 3%. Shares of Kakao and Naver declined nearly 4% and over 7%, respectively.(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:005380KRX:005930KRX:012450KRX:032640KRX:035420KRX:035720KRX:267260KRX:329180
Asia

Hyundai Motor Plans KRW 1.2 Trillion Financial Deal with Affiliate

Hyundai Motor (KRX:005380) plans to carry out a financial transaction with its affiliate, Hyundai Motor Securities, totaling 1.2 trillion won, covering the period from Oct. 1 to Dec. 31.The deal involves two types of fund management instruments: 200 billion won in short-term demand deposits and 1 trillion won in term deposits. Both carry market interest rates, according to a Korea bourse filing on Thursday.The transaction, approved by the board on Thursday, is intended solely for fund management purposes and falls under the Fair Trade Commission's reporting requirements per Article 26 of the Monopoly Regulation and Fair Trade Act.No procured funds are involved, and the entire 1.2 trillion won represents the placement of operational cash through the affiliated securities firm.

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Asia

Hyundai Motor Declares Quarterly Dividend; Shares Decline 6%

Hyundai Motor (KRX:005380) declared a quarterly dividend of 2,500 won per share, payable on Sept. 30 to shareholders as of the record date of Aug. 31, the automaker said in a Thursday filing with the Korea Exchange.Shares of the company fell 6% in recent trade.

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Asia

Hyundai Motor Launches Shanghai UX Studio to Integrate Chinese Mobility Insights into Global R&D

Hyundai Motor (KRX:005380) has launched UX Studio Shanghai, a research hub in Jing'an district, China, according to a statement on Wednesday.The facility functions as an advanced outpost for systematically analyzing local consumer behaviors and electrification trends, with findings directly channeled into the group's worldwide development programs.As part of a broader UX network spanning Seoul, Frankfurt, and Irvine, this studio facilitates direct customer co-creation from concept through production, positioning user-centered design as a primary competitive differentiator.According to senior leadership, the initiative formally transitions the group's mobility proposition from vehicle manufacturing to comprehensive experience architecture, leveraging Chinese market intelligence to inform global product strategies.

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Asia

Hyundai Motor's Net Attributable Income Declines 15.9% in Q2

Hyundai Motor's (KRX:005380) net income attributable to shareholders fell 15.9% to 2.520 trillion yen for the second quarter ended June 30, down from 2.998 trillion won a year earlier, according to a Thursday filing with the Korea Exchange.Sales rose 1.9% year over year to 49.215 trillion won from 48.286 trillion won.The automaker declared a quarterly cash dividend of 2,500 won per share, payable on Sept. 30 to shareholders as of the record date of Aug. 31.

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Hyundai Motor's Quarterly Profit Skids as Operating Income Slumps 21%
US Markets

Hyundai Motor's Quarterly Profit Skids as Operating Income Slumps 21%

Hyundai Motor's (KRX:005380) second-quarter operating income fell 21% from a year earlier and missed market estimates, as weaker profitability overshadowed a modest increase in revenue.The automaker posted operating income of 2.85 trillion won for the second quarter, down from 3.60 trillion won a year earlier, according to a Thursday earnings release.The result missed the 3.2 trillion won consensus estimate compiled by LSEG SmartEstimate, according to a Reuters report.Attributable net profit declined 16% to 2.52 trillion won from 3 trillion won a year earlier.Revenue rose 1.9% to 49.2 trillion won from 48.3 trillion won, the filing showed.In the U.S., wholesale sales rose year over year despite industry demand increasing just 0.5%. Hyundai said demand shifted toward practical models, lifting sedan sales, while hybrid electric vehicles accounted for a record regional sales share.European wholesale sales declined amid intensifying competition, geopolitical uncertainty and the timing of major model launches later this year.In South Korea, wholesale sales fell due to supply chain disruptions and major new model launches scheduled for the second half of the year.Hyundai said sales momentum is expected to recover as key models are rolled out, while electric vehicle sales increased with support from government incentives and company promotions.

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Asia

South Korean Shares Close Higher for Second Day on Overnight Wall Street Gains

South Korean shares closed higher on Wednesday for a second straight day on overnight Wall Street gains, ahead of second-quarter earnings releases of US big tech companies.U.S. stocks rebounded on Tuesday, with the Dow Jones Industrial Average gaining 0.74%, the S&P 500 adding 0.89% and the Nasdaq Composite climbing 1.3%, as all three indexes snapped three-day losing streaks.The Korea Composite Stock Price Index, or Kospi, increased by 49.75 points, or 0.7%, to end at 6,797.7. The Kosdaq fell by 2.25 points, or 0.3%, to close at 751.09.In economic news, South Korea's producer price index (PPI) increased 8.6% year over year in June, according to preliminary data from the Bank of Korea released on Wednesday. The reading remained unchanged from the previous month but exceeded Trading Economics' forecast of 8.2%.PPI inflation across agricultural, forestry and marine products, and services was unchanged in June from May, while that of manufacturing products slowed. Out of all the primary sectors, only utilities posted an acceleration in producer price growth.On a month-over-month basis, South Korea's PPI was flat after rising for nine straight months.In corporate news, Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270), introduced an integrated vehicle-to-everything (V2X) service called AllDayEnergy around the world, which would allow electric vehicles to double as mobile energy sources.The automotive group will work with Hana Financial Group (KRX:086790) subsidiary Hana Bank to introduce "AllDayEnergy My Heart Savings Account," Hyundai Motor Group said in a Tuesday release.V2X allows two-way power flow between electric vehicle batteries and the grid, enabling users to lower charging costs and generate revenue. The service stores electricity during off-peak hours and supplies it when the requirement is higher, it said.Shares of Hyundai Motor jumped nearly 5% while those of Kia added about 2% at market close.In other news, Unionized workers at Kakao Corporation (KRX:035720) subsidiary Kakao Bank voted to carry out a full-scale strike on July 31 after failed talks with management over salary hikes and other benefits, Yonhap News reported Wednesday.The bank's union and management are at odds over wages and benefits after no agreement was reached during negotiations, despite the bank posting record first-quarter operating income and revenue, the report said.Kakao Corp. has also faced continued wage-related disputes, with union members carrying out strikes last month, according to the report.The company did not immediately respond to a request for comment from.Shares of Kakao Corp. added nearly 1% at market close.

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Asia

Hyundai Motor Group to Introduce Global Vehicle-to-Everything Service

Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270), introduced an integrated vehicle-to-everything (V2X) service called AllDayEnergy around the world, which would allow electric vehicles to double as mobile energy sources.The automotive group will work with Hana Financial Group (KRX:086790) subsidiary Hana Bank to introduce "AllDayEnergy My Heart Savings Account," Hyundai Motor Group said in a Tuesday release.V2X allows two-way power flow between electric vehicle batteries and the grid, enabling users to lower charging costs and generate revenue. The service stores electricity during off-peak hours and supplies it when the requirement is higher, it said.Shares of Hyundai Motor jumped over 6% while those of Kia added over 2% at market close.

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Hyundai Motor to Buy SoftBank's Stake in Boston Dynamics, Taking Full Ownership
US Markets

Hyundai Motor to Buy SoftBank's Stake in Boston Dynamics, Taking Full Ownership

Hyundai Motor Group (KRX:005380) is set to acquire SoftBank Group's (TYO:9984) remaining stake in robotics developer Boston Dynamics, giving the South Korean automaker full ownership of the US robotics company.The transaction was triggered after SoftBank exercised its put option on its shareholding, according to a Thursday press release.Financial terms of the deal were not disclosed, but according to Bloomberg, the purchase of SoftBank's 9.9% stake was valued at roughly $325 million.According to Korean media reports, SoftBank's stake in Boston Dynamics is estimated at 9.65%.Hyundai said shareholders are reviewing contractual rights and obligations tied to the existing agreements through their internal governance and approval processes.The deal comes as Hyundai, the parent company of its namesake brand Hyundai Motor and Kia Corp (KRX:000270), is building an end-to-end AI robotics value chain combining Boston Dynamics' expertise in AI Robotics with the group's manufacturing capabilities."Through this integrated approach, the Group aims to accelerate the development, validation and commercialization of Physical AI technologies and robotics solutions," Hyundai said.Boston Dynamics, headquartered in Massachusetts, develops machines for industrial automation, manufacturing, inspection, and research.The company unveiled its Atlas robot in 2013. A product version of the robot was recently launched."Atlas reduces human physical burden by performing higher-risk tasks; lays the groundwork for robot commercialization and collaborative human-robot environment," Hyundai said in January.The transaction also comes amid a backdrop of labor tension at Hyundai. A union leader told Reuters that Hyundai and Kia, both developing humanoid robots, appear to be planning to replace human workers with new technologies.In January, Hyundai announced plans to deploy humanoid robots at its US factory in Georgia beginning in 2028.Meanwhile, analysts including Changho Kim at Korea Investment & Securities said the acquisition "would ease Hyundai's concerns over the dilution of its ownership in Boston Dynamics after a potential initial public offering," Bloomberg reported, citing an analyst note.Shares of Hyundai Motor fell 2.5% at market open in Seoul on Friday.

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Asia

Hyundai Motor Plans to Acquire SoftBank Group Stake in Boston Dynamics

Hyundai Motor (KRX:005380) said it plans to acquire SoftBank Group's (TYO:9984) entire 9.65% stake in the robotics company Boston Dynamics after the Japanese investment company exercised its put option, according to a Thursday release.Hyundai Motor, including Hyundai Motor Group Executive Chair Euisun Chung; Kia; Hyundai Mobis; and Hyundai Glovis, holds over 90% in Boston Dynamics.The Korean automaker said that the "relevant" shareholders are currently reviewing the deal through their internal approval processes, and the acquisition will be part of its long-term robotics strategy.The company Hyundai Motor Group said it is building an end-to-end AI robotics value chain by combining Boston Dynamics' robotics expertise with its manufacturing capabilities, mobility technologies, and global supply chains.

KRX:005380TYO:9984
Asia

Market Chatter: Hyundai Motor Line Up New Subscription Plans to Boost Recurring Revenue

Hyundai Motor Company (KRX:005380) is expanding its monthly vehicle-related subscription plans for features and components to accelerate its recurring revenue beyond vehicle sales, the Korea JoongAng Daily reported Tuesday.Hyundai Motor plans to launch a pilot electric-vehicle battery subscription program in October, while Tesla Korea plans to launch its Full Self-Driving Supervised driver assistance feature as a monthly subscription in August.The services include subscriptions for electric vehicle batteries, software, and maintenance services, which lower the upfront ownership costs and create new long-term income streams.Hyundai Motor did not immediately respond to a request for comment from.(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.)

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Asia

Hyundai Motor Suspends Operations Amid Partial Strike

Hyundai Motor (KRX:005380) has suspended operations in its Ulsan plant and other business sites due to a partial strike, according to a Monday filing.Segments impacted by the production suspension include automobile manufacturing, maintenance, and sales.The suspension of work will last until Wednesday, affecting two shifts of two hours each.The pause in production will impact sales equivalent to about 78.767 trillion won, the company said.Shares of the company were down nearly 4% in recent trade.

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Asia

Market Chatter: Hyundai Motor Group's Labor Union to Carry Out Three-Day Strike

The labor union of Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270) plans to conduct a three-day partial strike from Monday, The Chosun Daily reported the same day.The strikes will mark the first temporary halt this year, the report said.The union will carry out a four-hour partial strike over a three-day period, with morning and afternoon shifts stopping work for two hours each. The disruption will also involve sales, maintenance, and logistics workers, the report said.Shares of both Hyundai Motor and Kia fell nearly 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.)

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Asia

Fitch Keeps Hyundai Motor Rating, Outlook Unchanged

Fitch confirmed Hyundai Motor's (KRX:005380) long-term foreign-currency issuer default rating at A- with a stable outlook.The ratings agency on July 10 also affirmed the Korean automaker's short-term foreign-currency IDR at F1 and senior unsecured rating at A-.Hyundai and its Kia subsidiary are expected to maintain the strength of their brands and standing in key markets, Fitch said. Tariffs, a weaker economic environment and higher costs, however, are expected to weigh on near-term profitability.

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Asia

Hyundai Motor to Establish Waste-to-Hydrogen Facility in South Korea's Cheongju

Hyundai Motor Group, the parent of Hyundai Motor (KRX:005380) and Kia (KRX:000270), plans to establish a waste-to-hydrogen (W2H) production facility in Cheongju, in South Korea's North Chungcheong province, according to a Thursday release.The new facility, called "HTWO ENERGY Cheongju," is the country's first resource-recycling hydrogen production and charging complex.The 7,500-square-meter plant will produce and supply about 500 kilograms of clean hydrogen per day using biogas extracted from sewage sludge waste generated within the Cheongju region.Shares of Hyundai Motor rose over 4% in recent trade, while those of Kia added nearly 3%.

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