Hyundai To Offer Chamberlain's MyQ Connected Garage Tech In Select Vehicles In U.S.

Hyundai Motor America said it will integrate Chamberlain Group’s myQ Connected Garage technology into selected vehicles. The move supports incremental product differentiation via connected-car functionality, but the announcement is limited in scope and is unlikely to meaningfully shift near-term financials.

Analysis

Hyundai Motor America said it will integrate Chamberlain Group’s myQ Connected Garage technology into selected vehicles. The move supports incremental product differentiation via connected-car functionality, but the announcement is limited in scope and is unlikely to meaningfully shift near-term financials.