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Hyundai Motor said it will suspend production in South Korea due to coronavirus outbreak which has disrupted the supply of parts, becoming the first major automaker to do so outside
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Elliott held over $1 billion worth of shares in the company. Elliott Management sold its shares in Hyundai Motor companies last year after it was thwarted in its campaign for
Hyundai Motor turned in its best quarterly operating profit in more than two years and stated it was on its way for higher profit margins in 2020, powered by more
South Korea’s Hyundai Group is backing a UK electric vehicle startup that plans to start selling battery-powered delivery vans in 2021, the companies stated last week. Hyundai Motor and sister
Hyundai Motor revealed the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, move analysts stated was an important move for the automaker’s expansion in overseas markets. The brand
South Korean automaker Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as their sales in China slumped, missing their target for a
South Korean Seol-based Hyundai Development Company (HDC) stated on Friday its consortium has closed on its 2.5 trillion won ($2.16 billion) acquisition of a controlling stake in the nation’s second-biggest
Chile’s finance minister has sought to underestimate a row between the government and Hyundai over a $740 million suspension bridge, stating that disputes in such mega projects were “quite common”.
Hyundai Heavy Industries Holdings’ $1.8 billion merger with competitor Daewoo could inflate costs, EU antitrust regulators cautioned on Tuesday as they started a full-scale investigation. Hyundai is looking forward to
World No. 1 shipbuilding group Hyundai Heavy Industries Holdings’ $1.8 billion merger with competitor shipbuilder Daewoo will deal with a full-scale investigation in Europe because of severe EU antitrust concerns,
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