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U.S. activist hedge fund Elliott Management made new propositions to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its
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Hyundai Motor prepares to ship China-made vehicles to Southeast Asia, its China joint venture and two people knowledgeable with the matter informed Reuters, as a plunge in Chinese sales has
A U.S. appeals court will think again its decision to throw out a $210 million nationwide class-action settlement for owners of Hyundai Motor and Kia Motors vehicles whose fuel economy
When employees at South Korea’s Hyundai Motor went on strike during 2017, the stoppage lasted 24 days, triggered months of negotiations and netted them their smallest raise in almost a
Hyundai Motor has reached a tentative wage deal with its South Korean labor union, a company spokesperson stated. The agreement requires an approval from its union members. The over 50,000-member
Hyundai Motor stated on Wednesday it is going to set up a showroom on Amazon.com that will assist car purchasers book test drives, check dealer inventories and compare costs and
Hyundai Motor’s unionized workers in South Korea voted to strike over stalled wage talks, adding to the woes of the company that is bracing for possible new U.S. tariffs amid
Hyundai Motor cautioned the U.S. administration that enforcing up to 25 percent tariffs on imported vehicles from South Korea would harm a security alliance between the two countries over North
Hyundai Motor on Monday carried out due diligence on a contract car manufacturing plant site for potential investment, as the South Korean firm seeks ways to reduce costs and conserve
U.S. activist fund Elliott Management has stated it will vote against Hyundai Motor Group’s restructuring plan and prompted other shareholders to decline the proposal to reform South Korea’s second-largest conglomerate.
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