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    A126560   KR7126560002

HYUNDAI FUTURENET CO., LTD

(A126560)
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End-of-day quote Korea Stock Exchange  -  05-19
3175.00 KRW   +0.47%
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Hyundai UK is the Fastest Growing Manufacturer for True Fleet Sales

01/19/2022 | 10:05am EDT

Hyundai Motor UK recorded the largest annual growth of any manufacturer for True Fleet Sales during 2021.

* Hyundai Motor UK recorded 104% year-on-year growth in True Fleet Sales in 2021

* It makes Hyundai the fastest growing manufacturer for True Fleet sales

* Growth driven by line-up of advanced alternative-fuel vehicles

Thanks to the launch of a range of new plug-in hybrid and electric vehicles, Hyundai's UK True Fleet sales grew by 104% year-on-year.

The impressive growth is the result of a deliberate strategy to deliver more sustainable fleet sales by not only having the right products for fleet customers, but also the right service and the right level of awareness.

The Hyundai line-up has been bolstered with a number of advanced alternative-fuel vehicles that bring enormous benefits for both end-users and fleet managers, including the fully electric IONIQ, Kona Electric and IONIQ 5. IONIQ 5 delivers for fleet users with best in class charging specs, meaning a full charge in 18 mins with an ultra-rapid charger. The new E-GMP platform creates a flat floor for significantly increased interior space, while a moveable centre console and V2L technology - allowing for electronics like laptops to be charged - optimises the ability for company car drivers to conduct business inside the vehicle.

Hyundai's petrol-electric models, like TUCSON Plug-in Hybrid and Santa Fe Plug-in Hybrid have a usable electric range of nearly 40 miles and low Benefit-in-Kind (BiK) taxation of 11%. Santa Fe is also one of a handful of vehicles that offers seven seats with a plug-in hybrid powertrain.

Even with the achievements of 2021, Hyundai Motor UK is aiming for continued success in True Fleet for 2022 and beyond. In the last 12 months, it has increased the number of end user policy agreements by a further 25% and over a third of those new customers either bought a car or had one on order.

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
HYUNDAI FUTURENET CO., LTD 0.47% 3175 End-of-day quote.-24.67%
HYUNDAI MOTOR COMPANY 2.47% 186500 End-of-day quote.-10.77%
All news about HYUNDAI FUTURENET CO., LTD
06:04aAP NEWS IN BRIEF AT 6 : 04 a.m. EDT
AQ
05:47aBiden pushes economic, security aims as he ends SKorea visit
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05/21Biden highlights Hyundai announcement of $10B US investment
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05/21AP NEWS IN BRIEF AT 11 : 04 p.m. EDT
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04/13New York auto sales show reopens with new electric models
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Financials
Sales 2021 137 B 107 M 107 M
Net income 2021 93 217 M 73,2 M 73,2 M
Net cash 2021 347 B 273 M 273 M
P/E ratio 2021 4,98x
Yield 2021 -
Capitalization 350 B 275 M 275 M
EV / Sales 2020 4,06x
EV / Sales 2021 0,86x
Nbr of Employees 31
Free-Float 31,4%
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Sung-Taek Ryu Chief Executive Officer & Director
Hyeong-Oh Lee Independent Director
Min-Woong Jeong Independent Director
Kyung-Hoon Oh Independent Director
Young-Sik Yoon Director
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