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Sony, Nvidia, Uber Introduce Electric, Autonomous Auto Concepts At CES
Tuesday, January 7, 2020 - 11:33am | 367Sony Corp (NYSE: SNE) unveiled a car at the Consumer Electronics Show in Las Vegas on Monday. Sony has partnered with industry leaders to build this prototype, including Bosch, Continental, Genetex, Nvidia Corporation (NASDAQ: NVDA) and Magna, according to Tech Crunch. Few other details...
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CES 2020: Uber Partners With Hyundai For Developing Flying Taxis
Tuesday, January 7, 2020 - 11:25am | 747South Korean automaker Hyundai unveiled its concept flying car, a full-scale prototype that is set to be mass-produced under a partnership it has struck with Uber Technologies Inc. (NYSE: UBER) for the latter's air taxi network, at CES 2020 in Las Vegas this week. Envisioned as an electric...
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Hyundai Merchant Marine Reports Increase In Revenue, Smaller Loss
Friday, November 15, 2019 - 3:47pm | 384South Korea's Hyundai Merchant Marine (HMM) (KS:11200) said that it had an increase in revenue and smaller operating loss in the third quarter of 2019 when compared to the same period last year. The company noted that the increase in revenue came "despite the continued uncertainty of global trade...
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Hyundai Translead Recalls Dry Vans For Air Hose Issue
Monday, November 11, 2019 - 1:56pm | 239Hyundai Translead, the largest producer of truck trailers in North America, is recalling 34,960 dry vans because the beam clip of the air hose spring assembly may detach from the trailer, allowing the air hoses to drag on the ground. If the beam clip that holds the air hose spring assembly falls...
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Hyundai Looking For Opportunity In US Market
Tuesday, October 29, 2019 - 5:34pm | 882The news this week that Hyundai Motor Company is planning a hydrogen-powered tractor for global markets, including the U.S., could be the beginning of a larger presence for the company into North America. Already a player in commercial vehicles elsewhere in the world, Hyundai is looking for new...
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Hyundai Translead Set To Begin Testing Liquid Nitrogen-Cooled Refrigerated Trailer
Tuesday, October 29, 2019 - 10:50am | 547While Hyundai's HDC-6 Neptune hydrogen truck concept garnered most of the attention on Monday at the North American Commercial Vehicle Show in Atlanta, it was not the only innovative product the global automaker showed off. Hyundai Translead, the company's trailer division, showcased a refrigerated...
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South Korean Economy Slows Down
Thursday, October 24, 2019 - 1:31am | 388The third-quarter growth of the South Korean economy came in below expectations, the Bank of Korea's advance estimates revealed on Thursday. What Happened South Korea, the fourth-largest economy in Asia, saw its gross domestic product grow by 0.4% in the July to September quarter. A poll of 26...
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Hyundai Readies Fuel Cell Heavy-Duty Truck And Eco-Friendly Reefer
Tuesday, October 22, 2019 - 1:03pm | 317Hyundai Motor Co. is expanding its fuel cell ambitions to heavy-duty trucks and trailers with a pair of concepts for next week's North American Commercial Vehicle show in Atlanta. The South Korean automaker is making its second-generation hydrogen-powered Nexo compact SUV. In September, Hyundai...
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Hyundai, Cummins Plan To Make Fuel Cells For North American Commercial Trucks
Friday, September 27, 2019 - 4:19pm | 809Hyundai Motor Co. (OTC: HYMTF) and Cummins Inc. (NYSE: CMI) will work together on ways to develop and commercialize electric and fuel cell powertrains for North American commercial vehicle makers and to make stationary backup power systems for data centers. With a memorandum of understanding...
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Aptiv, Hyundai Motor Form $4B JV To Test Driverless Systems In 2020
Monday, September 23, 2019 - 8:23am | 279Aptiv (NYSE: APTV) and Hyundai Motor Group have teamed up to form an autonomous driving joint venture which will see the two companies test fully driverless systems in 2020. The companies will aim to have a production-ready autonomous driving platform available for robotaxi providers, fleet...
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Hyundai To Pay $47 Million Fine For Illegal Diesel Engine Imports
Thursday, September 19, 2019 - 4:39pm | 329The U.S. Justice Department and Environmental Protection Agency (EPA) said they reached an agreement in court with Hyundai Construction Equipment Americas and Hyundai Industries Co. Ltd. for the companies to pay a $47 million civil penalty for importing diesel engines that were not certified to...
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Port Report: Hyundai Merchant Marine Head Heads To Europe For Maersk And MSC sitdown
Wednesday, April 24, 2019 - 10:14am | 864Korea's only remaining container ship line may want to go beyond its slot sharing deal, but Western carriers wary on subsidized shipping. The new chief of South Korea's container shipping company, Hyundai Merchant Marine (HMM), is looking to get in good stead with the world's largest...
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Hyundai And Kia Invest $300 Million In India's Cab-Hailing Giant Ola
Tuesday, March 19, 2019 - 11:44am | 868South Korea-headquartered automakers Hyundai Motors and Kia Motors announced today that they will be investing $300 million in the electric vehicle mobility initiative of Ola, India's cab-hailing giant. Ola has a nearly $6 billion valuation and has raised $3.8 billion to-date. The company has...
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7 Unusual Partnerships And How They Worked
Saturday, October 21, 2017 - 6:48pm | 968Odd couples often receive odd looks. Gawking and speculating onlookers nosily turn their heads trying to understand how two parties with such contrasting chemistry can come together to form successful partnerships and functioning relationships. Despite the gawk factor, and perhaps against all odds...
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From App Store To Financing In 10 Minutes: AutoGravity Is Fintech's Answer To Car Shopping
Friday, October 13, 2017 - 9:29am | 743AutoGravity, a fintech platform for car shopping, has been nationally available for less than a year. The app’s been downloaded more than 750,000 times and processed more than $1 billion in financing requests. With the announcement last month that the Irvine, California-based startup has...