[Hyundai Motor Group] News & Updates

Hyundai Delays In-House Driver Assistance Software to End-2029, Taps Nvidia for 2028

Hyundai Motor Group has delayed the launch of models equipped with its self-developed driving assistance software to the end of 2029, two years later than originally planned. During the transition period, Hyundai will partner with Nvidia to launch Level 2+ and Level 2++ advanced driver assistance systems in 2028, and use the data they generate to train its self-developed platform Atria. Hyundai and Kia have annual sales of more than 7 million vehicles and plan to surpass competitors in total driving data by 2033. The partnership also extends to AI data centers and Boston Dynamics' humanoid robot business.

50844 days ago

U.S. New-Vehicle Inventory at 2.91 Million, Days' Supply Down Nearly Three Weeks YoY

According to Catalyst IQ data, U.S. new-vehicle inventory stood at 2.91 million units in early September, down about 30,000 month over month and up about 40,000 year over year, with 73 days' supply, down 5 days month over month and nearly three weeks less year over year. Hybrids had the fastest turnover for the fifth consecutive month, with inventory at only 64 days; battery electric vehicles fell to 72 days, while diesel vehicles rose to 114 days as oil prices hit new highs. Midsize SUVs and crossovers had inventory of more than 600,000 units, and full-size pickups 358,000. Among six automakers that disclosed figures, inventory days rose for Ford and Mazda and fell for Toyota, Honda, Subaru, and Hyundai. Inventory of lower-priced models contracted.

54847 days ago

Hybrids Fastest-Turning for Fifth Straight Month, Yet Add Most Inventory: U.S. Auto Market Reallocates

Catalyst IQ data shows that in early September, U.S. new-vehicle inventory fell to 2.91 million units, down about 30,000 month over month and up about 40,000 year over year, with 73 days' supply, down 5 days month over month and nearly three weeks less year over year. Hybrids were the fastest-turning for the fifth consecutive month, with 64 days' supply and the largest increase; battery-electric vehicles fell to 72 days, while diesel vehicles rose to 114 days. Models priced from $35,000 to $50,000 accounted for about 36% of available inventory, while lower-priced vehicle inventory contracted. Midsize SUV inventory exceeded 600,000 units, and full-size pickups stood at 358,000. Ford and Mazda saw their days' supply rise, while Toyota, Honda, Subaru, and Hyundai declined.

55647 days ago

Hyundai Motor Group

Hyundai Delays In-House Driver Assistance Software to End-2029, Taps Nvidia for 2028

U.S. New-Vehicle Inventory at 2.91 Million, Days' Supply Down Nearly Three Weeks YoY

Hybrids Fastest-Turning for Fifth Straight Month, Yet Add Most Inventory: U.S. Auto Market Reallocates

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