Tag Archives: José Muñoz

Hyundai Motor Company Q3 2025 Net Profit Dives

Posted on 30 October 2025 by Ken Zino

Hyundai Motor Company (KRX: 005380 KS) today posted its business results for the Q3 of 2025. The company’s revenue during the July-September period rose 8.8% year on year to KRW 46.72 trillion, marking its highest-ever third-quarter revenue. Strong sales in the U.S. and Europe, as well as favorable foreign exchange rates contributed to the company’s revenue growth. However, Q3 operating profit stood at KRW 2.54 trillion, down 29.2% YoY, with an operating profit margin of 5.4%. Higher incentives as well as the impact of tariffs beginning to take full effect, hurt the operating profit. Net profit, including non-controlling interests, decreased 20.5% to KRW 2.55 trillion. Nonetheless Hyundai announced a Q3 quarterly dividend of KRW 2500 per – a 25%increase YoY.* Continue reading →

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Genesis Opens California Design Studio

Posted on 10 October 2025 by Ken Zino

“At Genesis, design is brand and brand is design,” said Luc Donckerwolke, Chief Creative Officer of Genesis. “Genesis Design California is the embodiment of this. It embraces our distinct Korean identity creating a space that inspires creativity. I cannot wait to see that inspiration come to life in the team’s work.” Continue reading →

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Hyundai Motor Updates Growth and Profit Strategy

Posted on 18 September 2025 by Ken Zino

Hyundai Motor Company (KRX: 005380 KS) in New York today unveiled its latest growth strategy at the company’s first CEO Investor Day held outside of Korea. The event served as a stage to convey the company’s mid-to long-term strategy to investors and stakeholders, prompted in large part by Trump’s tariff wars.

“In an industry facing unprecedented transformation, Hyundai is uniquely positioned to win through our unmatched combination of compelling products, manufacturing flexibility, technology leadership, outstanding dealer partners and global scale,” said José Muñoz, President and CEO of Hyundai Motor Company. Continue reading →

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GM and Hyundai – Plans for Co-Developed Vehicles

Posted on 7 August 2025 by Ken Zino

General Motors (NYSE: GM) and Hyundai Motor Company (KRX: 005380 KS) today announced plans for their first five co-developed vehicles. The vehicles announced today are targeted at the largest segments in the Central and South American markets, as well as … Continue reading →

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Trumped? Hyundai Says It Will Maintain Current MSRPs

Posted on 4 April 2025 by Ken Zino

Hyundai Motor America today launched a Customer Assurance program “in response to dynamic market conditions and the potential impact of tariffs on the automotive industry.” This proposal may help customers who purchase or lease any new Hyundai vehicle between today and 2 June 2025. They might not see any increase in the Manufacturer’s Suggested Retail Price (MSRP) during the protection period. Genesis is also part of the proposal. However, dealers are able to set actual price of a vehicle under various State franchise laws and regulations. [See footnote 1] This appears to be a negotiating strategy with the lame-duck U.S. president, aka April Fool, who has just presented Wall Street with its worst week since the last Trump Administration. Continue reading →

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Vast Executive Reorganization at Hyundai Group

Posted on 15 November 2024 by Ken Zino

José Muñoz as President and CEO of Hyundai Motor Company is the first non-Korean CEO of Hyundai Motor. Hyundai said he is the ideal fit to further enhance the company’s performance thanks to his merit-based management philosophy and his commitment to recruiting top global talent. Going forward, he is expected to enhance the company’s global management systems and further elevate its stature as a leading global brand. Continue reading →

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Yawn or Yikes? Hyundai, Waymo Link on Autonomous SUVs

Posted on 4 October 2024 by Ken Zino

Hyundai Motor Company and Waymo today said they have entered into a multi-year, strategic partnership that will integrate Waymo’s sixth-generation fully autonomous technology, dubbed the Waymo Driver, into Hyundai’s all-electric IONIQ 5 SUV, which will be added to the Waymo One fleet over time.*

“We are thrilled to partner with Hyundai as we further our mission to be the world’s most trusted driver,” said Tekedra Mawakana, co-CEO, Waymo. “Hyundai’s focus on sustainability and strong electric vehicle roadmap makes them a great partner for us as we bring our fully autonomous service to more riders in more places.” Continue reading →

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Hyundai 2025 Santa Cruz Debuts in New York

Posted on 27 March 2024 by Ken Zino

Hyundai today unveiled a revised 2025 Santa Cruz Sport Adventure Vehicle in a world debut at the New York International Auto Show. Santa Cruz has mildly redesigned exterior and interior surfaces, along with new infotainment and additional advanced driver assistance systems. The 2025 Santa Cruz arrives at Hyundai dealerships this summer.

“The development goal for freshening Santa Cruz was to give it an even bolder, stronger design. We also wanted Santa Cruz to be more capable, and the available XRT trim delivers with all-terrain tires, front tow hooks and improved off-road capability,” said José Muñoz, president and Global COO of Hyundai Motor Company. “Customers are going to appreciate all the new design details and enhancements inside and out. Santa Cruz is a true sport adventure vehicle.” Continue reading →

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Muñoz Shows 2016 Altima at Automotive Press Association

Posted on 30 September 2015 by Ken Zino

This is a significant car for Nissan, not only in North America but also globally, so it did much more than just the expected mid-cycle refresh. (See: Family Car Wars Revived as Nissan Ships New 2013 Altima) The interior and exterior have significant changes, while the suspension and steering are re-tuned for a what’s said to be a quieter ride. Continue reading →

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