Edition:
United States

Hyunjoo Jin

Hyundai raises Southeast Asia bet with second investment in Grab

Nov 06 2018

SEOUL/SINGAPORE Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation.

How Hyundai Motor, once a rising star, lost its shine

Nov 05 2018

SEOUL/DETROIT/CHONGQING, China At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world's largest auto market.

Hyundai reshuffles executive ranks as scion drives change

Oct 29 2018

SEOUL South Korea's Hyundai Motor Group has created two entities to develop future technologies and appointed new heads of product strategy and design in a reshuffle, as it battles plunging profits that have pushed its shares to almost nine-year lows.

Hyundai Motor posts big profit miss on U.S. recalls; shares dive

Oct 25 2018

SEOUL Hyundai Motor Co's third-quarter net profit plunged by a shocking two-thirds, hit by a $440 million one-off charge related to U.S. recalls and sending its shares tumbling to near nine-year-lows on Thursday. | Video

UPDATE 2-Hyundai Motor posts big profit miss on U.S. recalls; shares tumble

Oct 25 2018

* Hyundai shares plunge as much as 12 pct, end down 6 pct. (Recasts and comments from company executives)

Thousands of Seoul taxi-drivers rally against plans for carpool service

Oct 18 2018

SEOUL Tens of thousands of South Korean taxi-drivers held a rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country's top chat app would threaten their livelihoods and jobs. | Video

S.Korea's taxi drivers protest against plans for carpool service

Oct 18 2018

SEOUL, Oct 18 Tens of thousands of South Korean taxi-drivers held a massive rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country's top chat app would threaten their livelihoods and jobs.

Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland

Sep 19 2018

SEOUL Hyundai Motor said on Wednesday it will sell 1,000 hydrogen-powered trucks in Switzerland over the next five years through a new tie-up, betting the vehicles could beat battery-powered models sold by the likes of Tesla Inc.

World News