Hyundai Motor Co (005380.KS)
24 May 2019
SEOUL South Korean automakers saw their shares rise on Monday on optimism they would be exempt from import tariffs on vehicles the United States deems a threat to national security, after the U.S. president said a revised trade deal could address concerns.
LONDON Global automotive supplier Bosch expects platinum to play only a minor role in its new fuel cells, giving precious metal markets scant benefit even as the technology gains momentum for pollution-free transport.
SAO PAULO Ford Motor Co said on Tuesday it had reached an agreement with the workers' union at a historic Brazil plant it plans to shutter by the end of the year, paving the way for a friendly shutdown or potential takeover by a local buyer.
SAO PAULO, April 30 Ford Motor Co said on Tuesday it had reached an agreement with the workers' union at a historic Brazil plant it plans to shutter by the end of the year, paving the way for a friendly shutdown or potential takeover by a local buyer.
SEOUL South Korea's Hyundai Motor unveiled a promising outlook for sales at home and in the United States, and also reported its first rise in profit in five quarters, in an early sign of recovery even as it battles a slump in China.
* South Korean automaker's sales at home hit highest since 2002
SEOUL, April 24 South Korea's Hyundai Motor posted a 24 percent rise in net profit for the January-to-March quarter on improving sales at home and the United States, although weak business in China reined in the pace of growth.
SEOUL Hyundai Motor Co has appointed Jose Munoz as global chief operating officer and Americas chief, tapping a man formerly considered an ally and potential successor of Nissan Motor Co Ltd's ousted Chairman Carlos Ghosn.
* Munoz quit as Nissan China head in Jan; previously US chief
April 18 South Korean automaker Hyundai Motor Co on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.