Previous close | 151,500.00 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 34,521 |
Market cap | 58.57T |
Beta (5Y monthly) | 0.95 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 13,450.00 (8.83%) |
Ex-dividend date | 28 Mar 2024 |
1y target est | N/A |
Hyundai Motor Co plans to use the investment it has already lined up for the United States to produce hybrid vehicles at its electric vehicle (EV) plant there. The world's No.3 automaker by sales together with affiliate Kia Corp, aims to use investment in its EV and battery manufacturing facilities in Georgia to produce hybrid cars, Hyundai Motor's global Chief Operating Officer Jose Munoz told a business conference hosted by the Financial Times on Wednesday. "I think we can handle (that) within the current investment more or less .... It is already a lot," said Munoz.
The UAW also notched up a historic victory when workers at the Volkswagen Chattanooga, Tennessee plant voted to join the union, as President Shawn Fain tries to organize non-union U.S. auto factories, most of them built by Asian and European automakers in southern U.S. states. Meanwhile, focus is on voting between May 13 and May 17 at a Mercedes assembly plant in Alabama on whether to join the UAW.
Auto parts supplier Aptiv Plc on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. Under the agreement, Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding. The transactions are expected reduce Aptiv's common equity interest from 50% as of March 31, 2024 to about 15%.