Hyundai posts its highest Q1 revenue in company history

Hyundai posts its highest Q1 revenue in company history

The automaker plans to maintain its sales momentum with the launch of new hybrids and fully electric models under its Ioniq brand.

Mexico City, 24 Apr (EFE).- Mexico’s Secretary of Economy, Marcelo Ebrard, said Thursday that the production of the Hyundai automotive company will continue in the city of Monterrey, capital of the state of Nuevo León, north of the country, after confirmation by a director of the South Korean company amid the commercial tensions unleashed by the United States. Ebrard said that the firm will assign the production of the Tucson model to other coun…

Hyundai Q1 Results Show BEV Momentum

Hyundai Motor Company's first quarter showed a slight decline in global sales, but it posted record revenue and a lot of traction with sales of electric vehicles.

In view of the versions that Hyundai would transfer its production from Mexico to the United States for the 25% tariffs announced by Donald Trump on March 26, 2025, Economy Secretary Marcelo Ebrard clarified the situation. Hyundai’s production in Monterrey will continue related news: F1 It will keep CDMX in its Calendar: Government Will Sign the Renew of the Mexico Grand Prix The secretary informed in his X account that this was confirmed by Car…

The secretary of Economy, Marcelo Ebrard, said that the automotive company of the south Hyundai and its subsidiary Kia, will continue to produce in its plants of Monterrey, Nuevo León, hybrid engines and the development of new technologies for basic components and auto parts. Hyundai’s production in Monterrey will continue, as confirmed by Carlos Carrasco, legal director and of relations with the Hyundai government. The company will assign the p…