This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hyundai Selects Verizon For Its Next-Generation Connected Cars

NEW YORK, Jan. 21, 2014 /PRNewswire/ -- When Hyundai Motor America, a subsidiary of Hyundai Motor Co. of Korea, needed best-in-class wireless connectivity for Hyundai's next-generation telematics services, it selected America's most reliable network. Verizon Enterprise Solutions has signed an agreement to provide a range of connected services including safety, security, diagnostics and infotainment to Hyundai vehicles starting in 2014.

"We selected Verizon to provide the wireless network service for 'Next-generation Blue Link' because both customer opinion and various data sources indicate that Verizon provides the best solution to our customers for both coverage and quality," said Woo-Young Kwak, executive vice president, Vehicle IT Service Division/Vehicle IT Development Center, Hyundai Motor Group.

Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 820 dealerships nationwide. Recently, Hyundai beat out every competitor to earn the distinction of "Most Reliable Manufacturer" in the 2013 CarMD® Vehicle Health Index™ Manufacturer & Vehicle Reliability Ranking.

"Our agreement with Hyundai expands our long-standing collaboration with a wide range of auto manufacturers throughout the industry to support network engineering, security, cloud solutions, telematics platform, and program management for millions of vehicles in the U.S. and around the world," said Mark Bartolomeo, vice president Connected Solutions at Verizon Enterprise Solutions. "We are thrilled to be working with Hyundai to help enhance the driving experience for their customers. It's the breadth of our expertise combined with the depth of our technology that allows our clients to launch new services and initiatives faster."

According to Forrester Research*, the number of vehicles shipped worldwide with embedded connectivity is expected to grow from 5.4 million in 2012 to 36 million in 2018.

Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale products and services offered over the company's secure mobility, cloud, strategic networking and advanced communications platforms, Verizon Enterprise Solutions helps open new opportunities around the world for innovation, investment and business transformation. Visit verizonenterprise.com to learn more.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs