- South Korean automotive brands follow up on credit ratings upgrades from earlier in 2024 with raise to 'A-' by ratings agency S&P Global
- Diverse product lineup and balance of hybrids and fully electric models responsible for three positive ratings upgrades since February
- Hyundai and Kia's electrification strategy to underpin strong projected financials
SEOUL, South Korea,
Aug. 26, 2024 /PRNewswire/ -- Leading global mobility brands Hyundai and Kia have just received a big vote of confidence from S&P Global, as the renowned ratings agency has upgraded both brands' credit ratings to 'A-'. This marks a significant milestone for the Korean automotive brands, underlining their influence in the global mobility sector.
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