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 News
Feb 01, 2023

On January 31, Hyundai announced that the new, all-electric 2023 Hyundai IONIQ 6, which launches in the U.S. this spring, has completed final U.S. Environmental Protection Agency testing with the IONIQ 6 SE Long Range RWD trim receiving an EPA-estimated range of 361 miles.
The IONIQ 6 SE AWD achieved an EPA-estimated electric range of 316 miles.
EPA testing also confirmed a 140 combined MPGe rating for the IONIQ 6 SE RWD Long Range.
IONIQ 6’s 140 combined MPGe rating matches the two Lucid Air models that are at the top of Fueleconomy.gov’s 2023 Top Ten Vehicles list.
IONIQ 6’s ultra-low drag coefficient of 0.22 is assisted by a low nose, active air flaps, wheel gap reducers, elliptical wing-inspired spoiler with winglet, slight boattail structure, separation traps on both sides of the rear bumper, full underbody cover, deflectors and reduced wheel-arch gaps.

(Hyundai press release on January 31, 2023)

Jan 27, 2023

Hyundai Motor announced the business results for 2022 on January 26.
In 2022, Hyundai Motor’s sales totaled 3.94 million units, up 1.3% from 2021. Annual sales revenue totaled KRW 142.5 trillion, which represents a 21.2% increase from last year. Operating income jumped by 47.0% year-over-year, resulting in KRW 9.82 trillion. Net profit increased 40.2% to KRW 7.98 trillion. Operating profit margin was 6.9%. In 2022, Hyundai was able to achieve strong business results due to increased sales for SUVs and Genesis luxury brand models as well as a favorable exchange environment.
In the 4Q, Hyundai sold 1,038,874 units while posting KRW 38.52 trillion in total revenue, KRW 3.36 trillion in operating profit and KRW 1.71 trillion in net profit respectively. Despite market uncertainties, such as rate fluctuation and ongoing supply issues, the company optimized its production at global plants as the component shortage issue gradually improved.
Hyundai Motor targets 2023 annual sales of 4.32 million units. the company also aims for 10.5-11.5% of revenue growth and 6.5-7.5% annual operating profit margin.
(Hyundai Motor's press release on January 25, 2022)

Jan 27, 2023

Reported on January 24, 2023, PT Hyundai Motors Indonesia (HMID) recorded impressive sales growth of around 10 times when compared to 2021 when its sales reached 3,005 units.
According to Gaikindo’s recently released data, sales of Hyundai cars reached 31,965 units in 2022, skyrocketing 963.7% YoY. This brought Hyundai to become the 8th best-selling car brand in Indonesia for 2022. Hyundai has overtaken Wuling, which has fallen to 10th place.
(From Gaikindo press release on January 24, 2023 and Gaikindo's 2022 data)