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“We go the distance to champion California’s backyard because it’s our backyard too,” said Sean Gilpin, chief marketing officer, Hyundai Motor America. “We saw this partnership with Mammoth Mountain as a great opportunity to showcase the capability of our SUV and XRT vehicle lineup and show adventure seekers how Hyundai can take them and their families on any journey from the mountains and beyond.”

Whether conquering rugged terrain or providing comfort and safety for family trips, Hyundai XRT vehicles, including the Palisade XRT Pro, Tucson XRT, and Santa Fe XRT SUVs, are engineered to be adventure-ready for both thrill-seekers and families. They are built for off-road adventure and offer versatility. With Mammoth Mountain serving as a premier California destination for world-class snowboarders, skiers and families alike, Hyundai’s vehicles are perfectly suited to take guests on any journey, from exhilarating slopes to unforgettable family getaways.

“Mammoth is thrilled to announce a multi-year partnership with Hyundai,” said Eric Clark, CEO and President, Mammoth Mountain. “Grounded in shared values of fun, adventure, and family inclusion, this collaboration was a natural fit from the start. We’re excited to join forces in celebrating our shared backyard and can’t wait to see what we create together.”

About the Partnership
The 360-degree, multi-year partnership with Mammoth Mountain will include a variety of digital and on-site branding, merchandise and advertising opportunities, as well as custom social content to be shared on Hyundai and Mammoth channels.

The custom content will include a social and creative campaign featuring Woolly, Mammoth Mountain’s beloved mascot. Exclusive video and photos will showcase Woolly alongside Hyundai XRT vehicles, providing fans with a unique and engaging perspective on Mammoth Mountain and the Hyundai adventure experience.

Hyundai will also have two permanent vehicle displays at the resort, as well as winter and summer activation opportunities at key times. Hyundai will sponsor Mammoth Mountain’s signature kickoff event, “Night of Lights,” and support community initiatives throughout the season, which may include programs like LA’s “After School All-Stars.”

Night of Lights Event
The partnership will launch at Mammoth’s Night of Lights event on Saturday, December 13, from 5:00 p.m. to 9:30 p.m. PT. Night of Lights is a magical evening at Mammoth Mountain featuring an annual holiday celebration with fireworks, live music, family-friendly activities and festive cheer.

As a sponsor of Night of Lights, Hyundai will have a vehicle display in The Village. Hyundai is also partnering with local Mammoth coffee vendor, Black Velvet Coffee, to offer guests warm beverages on site, including a bespoke Hyundai espresso drink. The mobile “Après Ski Café” will be towed behind a Palisade XRT Pro, and guests can also receive custom s’mores kits and co-branded wool socks and hand-warming phone chargers.

To amplify the celebration, select influencers, including family and lifestyle creators, snowboarders, skiers, and photographers, will embark on a thrilling road trip to Mammoth in Hyundai SUVs such as the all-new Palisade XRT Pro. Over the weekend, they’ll create and share content featuring Hyundai vehicles in stunning alpine settings, showcase off-road winter driving, and highlight activities such as skiing, snowboarding, and VIP access to Night of Lights. Their stories will bring Hyundai’s adventure-ready spirit to life across social platforms, igniting excitement in the audience.

Supporting California’s Coast
As part of Hyundai’s broader commitment to supporting California’s spirit of adventure and outdoor communities, Hyundai will also be a proud supporter of the lifeguards in San Diego, with more details to be announced in early 2026.

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai’s 850 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a published economic impact report. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

SOURCE Hyundai Motor America

Introduces 2028 Financial Targets Reflecting Enhanced Growth and Profitability

Announces Plan to Return $10 Billion to Shareholders Through 2028

ST. LOUIS, Nov. 20, 2025 /PRNewswire/ — Emerson (NYSE: EMR) today hosted its 2025 Investor Conference, during which it outlined its strategic priorities for engineering the autonomous future and introduced new 2028 financial targets.

“The new Emerson is a global automation leader built for value creation – with a differentiated portfolio, broad exposure to high-growth markets and an unparalleled software-defined technology stack,” said Emerson President and Chief Executive Officer Lal Karsanbhai. “With our successful transformation complete, Emerson is well positioned for the future, and we will continue to play a leading role as our customers invest in autonomous operations.”

Karsanbhai continued, “The 2028 targets we provided today underscore our conviction in Emerson’s ability to extend our track record of strong financial performance and deliver even greater value for our shareholders. Emerson will capture significant organic growth from innovation and secular tailwinds across our key growth verticals: power, LNG, life sciences, semiconductors and aerospace & defense. Price realization, operational excellence and acquisition synergies will drive further margin expansion. Supported by robust cash generation, we will prioritize returning significant capital to shareholders.”

Emerson also provided an updated through-the-cycle value creation framework:

• 4 – 7% organic sales growth
• 40% incremental margins
• 10% adjusted EPS growth
• 18 – 20% free cash flow margin

Consistent with the value creation framework, Emerson’s new 2028 financial targets include:

• $21 billion in net sales, a 5% organic CAGR
• 30% adjusted segment EBITA margin, 2.4 percentage points of expansion
• $8.00 adjusted EPS, a 10% CAGR
• $12 billion of cumulative free cash flow from 2026 through 2028, with plans to return $10 billion to shareholders through share repurchases and increased dividends

The Company also reiterated its 2026 Q1 and full-year outlook provided on November 5, 2025.

The Investor Conference webcast replay and presentation are available on Emerson’s Investor Relations page at https://ir.emerson.com/.

About Emerson

Emerson (NYSE: EMR) is a global automation leader delivering solutions for the most demanding technology challenges. Headquartered in St. Louis, Missouri, Emerson is engineering the autonomous future, enabling customers to optimize operations and accelerate innovation. For more information, visit Emerson.com.

Forward-Looking and Cautionary Statements

Statements in this press release that are not strictly historical may be “forward-looking” statements, which represent management’s expectations, based on currently available information. Actual results, performance or achievements could differ materially from those expressed in any forward-looking statement. Any forward-looking statements in this press release speak only as of the date of this press release. Emerson undertakes no obligation to update any such statements to reflect new information or later developments. Examples of risks and uncertainties that may cause our actual results or performance to be materially different from those expressed or implied by forward looking statements include the scope, duration and ultimate impacts of the Russia-Ukraine and other global conflicts, as well as economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, inflation, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The outlook contained herein represents the Company’s expectation for its consolidated results, other than as noted herein.

Emerson uses our Investor Relations website, https://ir.emerson.com, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts and social media. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

SOURCE Emerson

• Futuristic off-road SUV concept exterior designed in California
• CRATER Concept explores the next evolution of Hyundai’s rugged XRT design with even more toughness and capability to reflect U.S. customer desires

LOS ANGELES, Nov. 20, 2025 – Today, Hyundai Motor America presented the global debut of the CRATER Concept adventure vehicle during a press conference at AutoMobility LA 2025 in Los Angeles, California. CRATER Concept is a compact off-road SUV vehicle that visually expresses capability and toughness. It is a design exploration that captures the spirit of adventure. Inspired by extreme environments, the CRATER Concept was conceived at Hyundai America Technical Center (HATCI) in Irvine, CA. The vehicle has been crafted with the spirit of XRT, including design elements that showcase protection and connectivity, as seen in Hyundai’s IONIQ 5 XRT, SANTA CRUZ XRT, and PALISADE XRT PRO production models.

AutoMobility LA 2025
The CRATER Concept will be viewable throughout AutoMobility LA 2025 media days, as well as Los Angeles Auto Show public days from now until Sunday, November 30. CRATER Concept will be featured alongside Hyundai’s full range of award-winning vehicles, including the all-new 2026 Palisade SUV, IONIQ 5 electric SUV, and newly announced IONIQ 6 N high-performance sport sedan.

The Hyundai CRATER Concept is shown here.

Hyundai CRATER Concept
The rugged new CRATER Concept stands as a rolling embodiment of Hyundai’s commitment to designing even more versatility and emotion into future XRT models. But this concept is much more than that, too. 

“CRATER began with a question: ‘What does freedom look like?’ This vehicle stands as our answer,” said SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design. “It is a vision shaped by our unending drive to explore — to inspire our customers to explore deeper and embrace the impact of adventure.”

The Hyundai CRATER Concept is shown here.

Design Highlights | Art of Steel
The Art of Steel exterior design language transforms the strength and flexibility of steel into a language of sculptural beauty. Inspired by Hyundai Motor’s advanced steel technologies, the material’s natural formability reveals flowing volumes and precise lines that evoke the distinctive aesthetic quality of steel — powerful, gentle and timeless.

The Hyundai CRATER Concept is photographed in California City, Calif., on Nov. 8, 2025.

Exterior Design Theme: The Impact of Adventure
CRATER Concept’s exterior design was guided by a clear goal: to shape a rugged and capable form that reflects the landscapes that it’s inspired by. This informed every detail — from the chiseled bodysides to the bold skid plates — resulting in a concept that visually communicates strength, resilience, and purpose.

Compact Concept’s Proportions
CRATER Concept’s proportions reflect an adventurous spirit. Built on a compact monocoque architecture, CRATER Concept has been designed to go anywhere.

Adventurous Silhouette
CRATER Concept is highlighted by its bold silhouette, complemented by its steep approach and departure angles which support serious off-road exploration.

Hexagonal Faceted Wheels
CRATER Concept’s 18-inch wheels were inspired by envisioning a hexagonal asteroid impacting a sheer metal landscape, leaving a fractal crater in its aftermath. The design evokes an off-road spirit, blending ruggedness with precision. The wheels are clad in generous 33-inch off-road tires, enabling superior traction and ground clearance for performance in all environments.

Wide Skid Plate
A wide, functional skid plate stretches across CRATER Concept’s underbody, not only for added protection, but to visually anchor the vehicle. Its sheer surface and robust form express protection and capability.

Roof Platform
The roof platform is imagined as the ideal mounting point for auxiliary lighting, additional storage, and other off-road accessories.

Limb Risers
A pair of cables stretching from the front hood to the roof promise added protection from low-hanging branches on narrow and overgrown trails.

Sheer Fender Design
A sheer fender design emphasizes CRATER Concept’s robotic and sculptural character through wide and prominent shoulders with sheer surfaces. Pushed to the extreme, this design feature reinforces the vehicle’s confident, planted stance, showcasing Hyundai’s ‘Art of Steel’ exterior design language.

Protective-Utility-Case-inspired Rocker Panel
The rocker panels’ construction both suggest protection and utility, reinforcing the vehicle’s readiness for any terrain.

Parametric Pixel and Indirect Lighting
CRATER Concept’s unique lighting signature is three-dimensional in form, creating a layered effect that adds depth and precision. Indirect lighting softly illuminates surrounding surfaces.

Off-Road Lights
Auxiliary lights mounted on the roof feature Hyundai’s gradient parametric pixel theme.

Hidden Exterior Gems

• One of CRATER Concept’s built-in recovery hooks performs double duty as bottle opener.
• The vehicle’s side-mirror cameras double as flashlights. They can be removed from the vehicle in emergency situations to capture breathtaking views or even record exciting adventures.

The Hyundai CRATER Concept’s interior is photographed in California City, Calif., on Nov. 8, 2025.

Interior Design Language: The Curve of Upholstery
The interior of the CRATER Concept has been designed for tech-savvy adventure seekers who prize rugged, function-first design and flexibility. Inside the CRATER Concept, technical shapes are wrapped in soft-yet-durable materials, resulting in a stylish, natural integration that delivers comfort, support, and practicality in any environment. Simultaneously tough yet warm, the CRATER Concept’s singular interior design starts with its high-brow crash pad, which bridges the vehicle’s exterior with its interior.

The Hyundai CRATER Concept’s interior is photographed in California City, Calif., on Nov. 8, 2025.

Customizable Interface for Every Journey
By leveraging a BYOD (Bring Your Own Device) approach, Hyundai suggests a flexible and customizable digital experience that adapts to various situations and individual user preferences.

Dynamic Head-Up Display
CRATER Concept’s full-width head-up display is a cutting-edge, multi-function display that includes a novel rearview camera mirror feed.

Crash Pad with Ambient Lighting
The unconventional dashboard’s crash pad is shaped like a bent metal sheet, wrapping around the form. Subtle perforations allow soft light to glow through, creating a refined and distinctive aura unique to the concept.

Functional and Expressive Details
Strap-inspired design elements are paired with ambient lights in an accent color. These details add energy and visual depth to CRATER Concept’s sturdy and practical character.

Structural Interior Expression
A functional roll cage outlines the cabin, adding tension and strength, while integrated grab handles ease ingress and egress. This exposed structural element provides a reassuring feeling of safety, reinforcing that CRATER Concept is built for confident exploration and resilience.

Supportive Seating for Exploration
CRATER Concept’s seats feature wraparound forms that are a departure from traditional bucket seats. These seats are combined with three-dimensional padding that provides stability and comfort during rugged journeys. Cylindrical cushions and a supportive headrest offer ergonomic comfort, while ample side bolsters stabilize the body during off-roading. A four-point seatbelt system hints at enhanced restraint and safety in off-road scenarios.

Steering Wheel
A center-mounted pixel display reimages driver interaction on the squared-off steering wheel, while terrain mode buttons suggest quick switching to Snow, Sand, Mud, Auto, and XRT modes.

Interior Details

• First aid kit (passenger side)
• Fire extinguisher (driver side)
• Removable Bluetooth center console main speaker
• Hidden aperture light at the dashboard edge reveals a playful light signature
• Easy-to-reach cylinder-type center controls are mechanically linked to visual indicator lights
• CRATER MAN is a symbolic character integrated throughout the vehicle, offering playful storytelling through ‘hidden surprises’ and interactive design elements

Off-Road Design Cues
The Hyundai CRATER Concept includes key functions for tackling rugged terrain and seeking new adventures. A tactile, gear-type multi-function Off-Road Controller has been designed for full and intuitive control, front and rear locking differentials, and traction and braking management — all part of the concept’s expressive off-road narrative. A terrain mode selector features SNOW, SAND, and MUD preset settings designed to suggest optimized performance across varied terrains.

• Downhill brake control
• Trailer brake control
• Compass
• Altimeter

Dune Gold Matte Color
CRATER Concept’s green-gold matte exterior paint draws rich inspiration from California’s coastal terrain, where sun-faded sagebrush and golden grasses meet rugged cliffs and windswept canyons. Its modern, youthful edge hints at the adventurous spirit of surf culture, desert drives, and the outdoor lifestyle that defines Southern California experience. Pops of anodized orange on key touchpoints add contrast while imbuing a playful personality.

Black Ember Interior
CRATER Concept’s interior material palette has been designed to withstand the demands of off-roading through California’s diverse landscapes. Every texture and surface is made to be used, not just admired. This is a cabin ready for boots, sand, grit, and gear. Like a well-worn jacket, it will purposefully adapt and patina over time, molding itself to the journey while standing strong against the elements.

Accents of Orange
Vibrant orange highlights inject energy and fun into the cabin while connecting the interior to the outdoor world by evoking memorable off-grid elements like desert sunsets and campfires.

Material Highlights
A black leather base sets a neutral tone for the cabin, allowing a deeper connection with nature. Black Alcantara adds a tactile, grounded feel that speaks to control and comfort in motion, subtly evoking California’s gritty sandstone. Brushed metal accents introduce a layer of industrial toughness, complementing the interior’s rugged yet refined aesthetic. Topographic patterns are etched into select surfaces, speaking to the very soul of off-road journeying, serving as a visual narrative of exploration and discovery.

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai’s 850 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a published economic impact report. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

 

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