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Hyundai Motor, which is reeling from slowing sales in China, is thinking about cutting capacity at its factories in its biggest auto market, CEO Lee Won-hee said, according to two
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Hyundai Motor stated on Wednesday it prepares to increase the core automotive businesses’ operating profit margin to 7 percent by 2022, compared with 2.1 percent in last year, as part
Elliott Management on Wednesday prompted shareholders of a Hyundai Motor to vote for its proposal for higher dividends and new board members, one day after the South Korean conglomerate declined
Hyundai Motor Group on Tuesday declined demands by U.S. activist investor Elliott Management for a 7 trillion won ($6.3 billion) dividend payout and new board members, complicating attempts to renovate
Hyundai Motor on Tuesday declined demands by U.S. activist investor Elliott Management for a total 7 trillion won ($6.3 billion) dividend payout and new board members, complicating attempts to renovate
South Korean prosecutors on Wednesday raided the office of Hyundai Motor’s quality division located in southern Seoul as part of an investigation into how the automaker and affiliate Kia Motors
A South Korean city council on Wednesday agreed to a revised plan for a low-wage automaking joint venture with Hyundai Motor, establishing the stage for the building of the automaker’s
Hyundai Motor stated its Chinese joint venture (JV) is accepting voluntary retirements and evaluating various “optimization plans” at its factories after a decline in car sales in the major market.
Hyundai Motor and affiliate Kia Motors stated they will recall about 168,000 U.S. vehicles at risk of fuel leaks, following the recall of them in 2017 for engine fire risks,
South Korea-based automaker Hyundai Motor expects growth in the Russian auto market to reduce significantly in 2019, the head of its Russian branch said on Monday. Automakers have warned Russia’s
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