Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, and Hyundai Capital America (HCA) announced a strategic partnership to bring innovative auto finance and insurance solutions and enhanced experiences to HCA customers. The collaboration is expected to deliver insurance solutions that offer data-driven, competitive rates to HCA customers, driving a more connected experience […]
Hyundai Motor Group Commits $21 Billion to U.S. Expansion Through 2028
Hyundai Motor Group announced March 24 it will invest $21 billion in the United States over the next four years, with plans spanning manufacturing expansion, supply chain development, and innovation in emerging technologies. The investment, scheduled from 2025 to 2028, is expected to support the production of 1.2 million vehicles annually, strengthen parts localization and […]
Hyundai Motor and Kia Robotics LAB Announces X-ble Shoulder Wearable Robot Launch Plans
Hyundai Motor Company and Kia Corporation unveiled the wearable robot X-ble Shoulder. The device can increase workers’ efficiency and reduce musculoskeletal injuries. The video embedded below was released on Hyundai Motor Group’s YouTube channel show the X-ble Shoulder in action. Another video on details the unit’s development story. The X-ble Shoulder is the first product […]
Highway Loss Data Institute Reports Software Update Lowering Theft Rate for Hyundai and Kia Vehicles
A software upgrade offered to the owners of Hyundai and Kia vehicles that were sold without electronic immobilizers cut theft rates by more than half, new research from the Highway Loss Data Institute shows. The companies began implementing the software upgrade in February 2023 in the wake of a tidal wave of theft claims that […]
Michel Poirier to Lead Aftersales and Customer Experience Division at Hyundai
Hyundai Motor America has appointed Michel Poirier as vice president of aftersales and customer experience, a new division for Hyundai. In support of the company’s customer experience (CX) strategy, the new division includes both the retail and aftersales functions to streamline CX efforts and increase efficiencies. Retail experience responsibilities include dealership training and customer satisfaction […]
Hyundai and Amazon Partner for Online Vehicle Sales and Cloud Services
Amazon to launch online vehicle sales in the U.S., starting with Hyundai in 2024, making it more convenient for customers to find and buy a vehicle and pick it up from their local dealer. Amazon (NASDAQ: AMZN) and Hyundai Motor Company announced a strategic partnership that includes Amazon launching online sales of Hyundai vehicles in […]
Kia and Hyundai Issue Recalls for Fire Risk in 3.3 Million Vehicles, Advise Vehicles Be Parked Outside
Fires can happen while the vehicle is parked and turned off or while driving. The National Highway Traffic Safety Administration (NHTSA) announced that Hyundai Motor America and Kia America have issued “park outside” recalls for more than 3.3 million vehicles due to the risk of fire. Until these recalled vehicles have been repaired, the manufacturers […]
Hyundai Partners with AAA Insurers to Offer Options for Customers Affected Theft Method Popularized on TikTok
Hyundai Motor America and independently operated AAA insurers announced a program to offer insurance options in most states for owners of certain Hyundai vehicles without push-button ignitions and immobilizing anti-theft devices. Under the program, AAA insurers will issue new and renewal policies for eligible affected Hyundai customers. The program will be available in all states […]
Coalition of 23 State Attorneys General Urge Kia and Hyundai to Address Vehicle Theft Issues
A nationwide coalition of 23 attorneys general is calling on Kia America (Kia) and Hyundai Motor Company (Hyundai) to take swift and comprehensive action to help remedy the crisis of car thefts that has occurred due to the companies’ failure to equip vehicles with anti-theft immobilizers. Alarmingly high theft rates for Kia and Hyundai models […]
Honda’s Bob Nelson Named Chair of Alliance For Automotive Innovation
Hyundai’s José Muñoz named Vice Chair. The Alliance for Automotive Innovation announced that Bob Nelson, executive vice president, American Honda Motor Co., Inc., will serve as the association’s 2023 board chair. Nelson succeeds Kumar Galhotra, president of Ford Blue. José Muñoz, president and global COO of Hyundai Motor Company, and president and CEO of Hyundai […]