Tag Archives: Hyundai

Hyundai issued a recall for nearly 600,000 vehicles in the US, including the popular Palisade SUV and several IONIQ electric vehicles. Hyundai Palisade and IONIQ EV recall details In a notice to the National Highway Traffic Safety Administration (NHTSA) on September 12, Hyundai announced a recall of 568,580 2020-2025 model year Palisade vehicles. The recall is due to faulty seat …

Facebook Tweet Email Link New York  —  When the US Department of Homeland Security conducted its largest single-site enforcement operation in history at the Hyundai – LG Battery Plant in Georgia earlier this month, Hyundai’s CEO was working out of his California office. He said he found out about it on the news. “I could not believe what I saw …

“I could not believe what I saw because I would have known, probably before the news,” Muñoz said, when asked about his initial reaction to the raid. “So I said, something is weird here. How can something happen [and] nobody told me? And when I go into the details, then I realize it’s not our facility. It’s LG’s battery plant.” …

ATLANTA (AP) — Hyundai Motor Group on Thursday confirmed it is going forward with previously announced plans to expand its Georgia plant, just weeks after an immigration raid delayed the startup of an electric vehicle battery plant at the site. As part of a broader investment strategy, Hyundai said it would spend $2.7 billion to increase production capacity at the …

Undeterred by the recent ICE raid that rounded up hundreds of its workers in Georgia, Hyundai announced a fresh slate of investments in the US, including $2.7 billion into the EV battery factory where the raid took place. The automaker also plans to release a range of new electrified models, including extended-range EVs and over a dozen hybrid vehicles by …

Get ready to see a lot more Hyundai vehicles on the road. The South Korean auto giant just revealed its most ambitious growth plan ever, packed with advanced new EVs and hybrids across nearly all segments. Hyundai is also launching its first midsize pickup and an extended-range vehicle (EREV) that promises to deliver over 600 miles (960 km) of range. …

NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit margin for 2025. The new targets call for an operating profit margin this year of between 6% and 7%, down from 7% to 8%, and an increase in revenue of between 5% and 6% …

The White House on Monday moved to limit the fallout of an immigration raid at a South Korean-owned battery plant in Georgia on Sept.4 — a move that angered the U.S. ally and sparked concerns regarding foreign investment in the U.S. The Georgia facility, operated by Hyundai Motor Group and LG Energy Solution, saw 475 of its workers arrested on …

Ever since a massive immigration raid on a Hyundai manufacturing site swept up nearly 500 workers in southeast Georgia this month, Rosie Harrison said her organization’s phones have been ringing nonstop with panicked families in need of help. “We have individuals returning calls every day, but the list doesn’t end,” Harrison said. She runs a nonprofit called Grow Initiative that …

Ever since a massive immigration raid on a Hyundai manufacturing site swept up nearly 500 workers in southeast Georgia, Rosie Harrison said her organization’s phones have been ringing nonstop with panicked families in need of help. “We have individuals returning calls every day, but the list doesn’t end,” Harrison said. She runs an apolitical non-profit called Grow Initiative that connects …