Hyundai Motor Co (HYMTF.PK)
17 Jan 2017
BEIJING, Jan 17 A group of over 100 auto dealers in China has said it would consider refusing to sell Kia Motors Corp brand cars unless it receives 2.5 billion yuan ($364 million) in compensation for losses brought about by unsold stock.
SEOUL Hyundai Motor and affiliate Kia Motors on Monday forecast global sales to rebound in 2017 by a stronger-than-expected 5 percent, after posting their first annual sales fall in nearly two decades last year.
SEOUL Hyundai Motor and affiliate Kia Motors on Monday said their global sales dropped 2 percent to 7.88 million vehicles in 2016 from the preceding year, falling short of their target of 8.13 million vehicles.
SEOUL Headed for a fourth straight annual profit decline, Hyundai Motor is trimming its cost fat; scaling back on business class flights and annual family home trips for overseas employees, executives told Reuters.
WASHINGTON/SEOUL Hyundai Motor Co's top U.S. executive Dave Zuchowski has resigned effective immediately, in the latest shake-up of the South Korean automaker's management ranks as it tracks toward its fourth consecutive year of profit declines.
SEOUL South Korea's exports are expected to rise in November for the first time since August as the shock from Samsung Electronics' Galaxy Note 7 cancellation and strikes at Hyundai Motor Co dissipates and global trade shows signs of improvement.
SEOUL South Korean automaker Hyundai Motor Co has sold its entire stake in fighter jet manufacturer Korea Aerospace Industries (KAI) Ltd, a Hyundai Motor spokeswoman said on Wednesday, without disclosing the value of the deal.
SEOUL, Nov 23 South Korean automaker Hyundai Motor Co has sold its entire stake in fighter jet manufacturer Korea Aerospace Industries (KAI) Ltd, a Hyundai Motor spokeswoman said on Wednesday, without disclosing the value of the deal.
GIMPO, South Korea, Nov 22 Hyundai Motor aims to sell 100,000 Azera large sedans in South Korea next year, its domestic sales chief said on Tuesday, as South Korea's top automaker pushes to revive sales at home.
Nov 8 Hyundai Motor Co will begin making and selling its new Tucson and compact SUV Creta models in Brazil next year, said William Lee, head of the Korean carmaker in Brazil, on Tuesday.