Hyundai Motor Sets 2030 Sales Target at 5.5 Million Units
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9 Articles
(Seoul = Yonhap News) Reporter Hong Kyu-bin = Hyundai Motor President Jose Muñoz assessed that the global electric vehicle chasm (temporary demand stagnation) has been resolved.
Hyundai Motor President Jose Muñoz assessed that the global electric vehicle (EV) chasm (temporary demand stagnation) has ended. He judged that only the pace of recovery varies by market, noting that a recovery is appearing even in the North American market, where EV growth has been the slowest. Regarding the controversy over the price of the new Avante, he stated that it is the result of high demand coupled with raw material and technology cost…
Hyundai is about to launch a massive global offensive. The Korean manufacturer intends to strengthen its presence in all key markets, with the aim of reaching 5.55 million cars sold by 2030. To do this, it will carry out an extremely heavy programme until the end of the decade, with more than 100 launches, including some 40 planned for Europe. Hyundai aims to achieve a global market share of 6% by 2030. Hyundai is moving on to attack 2026 seems …
Hyundai Targets 5.55 Million Sales By 2030, 100+ New Models Planned
GaadiWaadi - Hyundai expects electrified vehicles to account for 60 per cent of its total sales by the end of the decade Hyundai has announced a global sales target of 5.55 million vehicles through 2030 and a 6 per cent worldwide market share. The company plans more than 100 new models and major product refreshes across the markets it competes in by the end of the decade while electrified vehicles are expected to account for 60 per cent of its t…
Hyundai Motor Targets 9% Profit Margin by 2030
Hyundai Motor President and CEO José Muñoz explains the company’s mid-to-long-term business strategy at the 2026 CEO Investor Day. (Photo courtesy of Hyundai Motor) Hyundai Motor Company cited hybrid vehicles as its most profitable powertrain, expressing confidence in achieving an operating profit margin of 9% or higher by 2030. While large-scale investments in future businesses such as software-defined vehicles (SDVs) and robotics continue, the…
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