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☆ Every 36 minutes, a child in the US is diagnosed with cancer. Here's how Hyundai is funding research to find a cure.
▼ + stars: | 2023-09-21 | by ( Sponsor Post | Created Hyundai Hope On Wheels With Insider Studios | ) www.businessinsider.com time to read: +5 min

Every September, the nation spotlights the need for more awareness and support in the battle against pediatric cancer. Hyundai Hope On WheelsFor 25 years, Hyundai has been on a quest to end childhood cancer with Hyundai Hope On Wheels. Hyundai Hope On Wheels has provided research and support grants to some of the nation's top pediatric hospitals and research centers. Hyundai Hope On Wheels celebrates 25 years with a $25 million donation to pediatric cancer research at the 2023 New York Auto Show . Click here for more information about Hyundai Hope On Wheels' efforts to end pediatric cancer.

Persons: —, Hope, Raynie Clark, Oliver Foster, John Guastaferro Organizations: Hyundai, Hyundai Hope, Hyundai Motor America, New York, Cancer, handprints, York Auto, Youth Ambassador, Humanity, Insider Studios Locations: New England, Las Vegas , Nevada, Bloomington , Illinois

☆ EV sales: Hyundai overtakes GM, but Tesla's U.S. dominance continues
▼ + stars: | 2023-07-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Meanwhile, Hyundai — including the Kia brand that's owned by the same parent company — increased its EV sales by roughly 11% during that time to 38,457 units. GM, which was second in EV sales through the first quarter, more than quadrupled electric car and truck sales to 36,322 units through June compared with a year earlier. And Volkswagen more than doubled EV sales to 26,538 units sold through June. Scott Mlyn | CNBCGM's EV sales thus far have been disappointing, especially when it comes to new models with the automaker's "Ultium" battery technologies. Correction: GM was second in EV sales through the first quarter of this year.

Persons: Brandon Bell, Tesla, Andrew Frick, hasn't, Elon Musk, Musk, disappoints Hyundai's, Randy Parker, we're, Parker, Scott Mlyn, Cadillac Lyriq, Mary Barra, Barra, It's, —, Phil LeBeau, Lora Kolodny Organizations: Getty, Hyundai Motor, General Motors, Motor Intelligence, Hyundai, Kia, GM, Ford Motor, EV, Ford, U.S, Automotive, Biden, Hyundai Motor America, New York Auto Show, CNBC, GMC Hummer, Cadillac, Chevrolet, Aspen Ideas, Chevrolet Silverado, Detroit Locations: Austin , Texas, U.S, Mexican, Texas, North America, South Korea

☆ New York City files lawsuit blaming Hyundai, Kia for 'spiraling epidemic' of car thefts after 'Kia boys' viral TikTok thefts cause spike in stolen cars
▼ + stars: | 2023-06-08 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +6 min

New York City joins a growing list of cities and states taking legal action against Kia and Hyundai. New York City has joined a growing list of cities and states to take legal action against Hyundai and Kia. TikTokers have suggested a "hack" to get a Kia or Hyundai car started without the key. In New York City, the suit cited, Kia thefts increased about 241% between 2021 and 2022. Hyundai thefts similarly increased by 179%.

Persons: Kia, Kias, Louis, Hyundais, TikTokers Organizations: Kia, Hyundai, Morning, Progressive, European Union, America, New York Police Department, Mercedes, Apple Locations: York City, New York City, Cleveland, Milwaukee, San Diego, Columbus, St, Seattle, New York, Canada

REUTERS/Kim Hong-JiNEW YORK, June 6 (Reuters) - New York City on Tuesday sued Hyundai Motor Co (005380.KS) and Kia Corp (000270.KS), accusing the South Korean automakers of negligence and creating a public nuisance by selling vehicles that are too easy to steal. The most populous U.S. city joined several other major cities that have sued Hyundai and Kia over the thefts, including Baltimore, Cleveland, Milwaukee, San Diego and Seattle. In contrast, the city said thefts of BMW, Ford, Honda, Mercedes, Nissan and Toyota vehicles have fallen this year. Last month, Hyundai and Kia reached a $200 million settlement of a consumer class action over the thefts. The case is City of New York v Hyundai Motor America et al, U.S. District Court, Southern District of New York, No.

Persons: Kim Hong, Hyundais, Kias, Kia, Jonathan Stempel, Chris Reese, Jamie Freed Organizations: Hyundai Motors, REUTERS, Tuesday, Hyundai Motor, Kia Corp, South Korean, Hyundai, Kia, BMW, Ford, Honda, Nissan, Toyota, Court, Southern District of, Thomson Locations: Seoul, South Korea, New York City, U.S, Baltimore, Cleveland, Milwaukee, San Diego, Seattle, Manhattan, New York, of New York, Southern District, Southern District of New York

☆ Automakers find a tax credit loophole to increase EV leasing and boost sales
▼ + stars: | 2023-05-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Buying a used Ioniq, which is produced in South Korea and Indonesia, wouldn't earn him $7,500 off through a federal tax credit. "I ran the numbers — what it would be without the leasing credit and with the leasing credit — and that kind of put me over the top and that was the main thing of why I went in that direction," he said. For a $50,000 EV and a 36-month lease, Chesbrough estimates the full $7,500 tax credit equates to $222 in monthly savings for a consumer. "It also allows them to level the playing field against competitors who get the full tax credit when purchasing." I wouldn't call it leveling the playing field," Watson said of leasing qualifying for the $7,500 tax credit.

☆ Kia and Hyundai are rolling out software upgrades for models targeted by a viral challenge that taught people how to steal them
▼ + stars: | 2023-02-15 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

Kia and Hyundai are rolling out a free anti-theft software upgrade for models targeted by thieves. Eligible car owners are being notified by Kia and Hyundai about how to get the free upgrades. Car owners can deactivate the "ignition kill" feature by unlocking their car with the key fob. Car thefts in Denver have risen by 160% since 2018, and most of the thefts are Kia and Hyundai cars, Denver7 reported. Theft rates for some Kia and Hyundai models are so high that State Farm and Progressive temporarily stopped writing insurance policies for some of the models in some cities last month.

☆ Why Auto Marketing Looks Poised for Growth in 2023
▼ + stars: | 2023-01-27 | by ( Megan Graham | ) www.wsj.com time to read: +5 min

A year like that might typically drive auto marketing off a cliff. “We haven’t taken our foot off the accelerator, because we do see the transformation of EVs occurring,” Mr. Wager said. “You don’t put a vehicle in the Super Bowl to sell 20,000 vehicles—that doesn’t make any sense,” Mr. Wager said. “You wouldn’t put it on television normally, unless you’re creating the halo of the electrification of the brand,” Mr. Wager said. Kia will be at the Super Bowl again this year, this time advertising its Telluride SUV.

☆ Consumer Reports calls Ford’s automated driving tech much better than Tesla’s
▼ + stars: | 2023-01-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

And in a recent ranking by Consumer Reports, which tested ADAS from 12 different carmakers, Tesla’s ranked seventh. GM’s Super Cruise, which ranked second, is the only other system tested by Consumer Reports that works this way. Ford’s driver monitoring technology is one of the major reasons that BlueCruise ranked so highly in Consumer Reports’ testing. Kia and Genesis did not immediately respond to requests from CNN Business for comments on Consumer Reports’ assessments. For the most part, vehicle owner’s manuals were of little use in learning how to use the systems, Consumer Reports said.

☆ Hyundai's best years in the U.S. are set to be tested by the Inflation Reduction Act
▼ + stars: | 2022-11-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

"I think what Hyundai, Kia and Genesis have done is they've really compressed that time frame. Sales of Hyundai and Kia vehicles have risen roughly 61% since 2010 to more than 1.4 million vehicles in the U.S. last year. LMC forecasts Hyundai's sales of all-electric vehicles are expected to represent 9.2% of the U.S. EV market this year. While sales are expected to grow that percentage is seen as the company's peak until at least 2024 or 2025, when the new Georgia plant is set to come online. Munoz said the new Georgia plant is expected to produce 300,000 vehicles annually, with the potential to reach 500,000 in the future.

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