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Hyundai Motor stated on Friday it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years – a strategy that comes amid shareholder pressure to
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South Korea’s antitrust chief on Thursday stated U.S. activist fund Elliott Management’s proposal for Hyundai Motor Group to embrace a holding company structure was “inappropriate” and, if applied, would be
U.S. activist hedge fund Elliott Management rejected Hyundai Motor Group’s restructuring plan as insufficient on Monday and called on the South Korean conglomerate to embrace a holding company plan and
Hyundai Motor stated it would keep communicating with shareholders and investors, including Elliott Management, regarding its proposed restructuring plan. “Hyundai Motor Group will keep communicating with shareholders and investors across
South Korea’s Hyundai Motor Group stated on Wednesday it was “confident” its plan to streamline its governance structure would help shareholders, amid investor issues that the controlling family’s interests were
Hyundai Motor also introduced new ways to motivate the trend of fuel cell electric vehicles Hyundai Motor has started sales of its Hyundai Nexo fuel cell electric vehicle today in
The union finds the deal to be ‘humiliating’ Hyundai Motor’s South Korean labor union on Tuesday regarded Seoul’s modified free trade deal with the United States “humiliating”, and stated the
Hyundai Motor’s union chief warned its employees may have to deal with similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slip, adding
Hyundai Motor stated on Tuesday it is concerned about developing autonomous vehicles due to the safety concerns after an Uber self-driving car hit and killed a woman in the United
South Korea’s Hyundai Motor is going to pay higher raw material costs because of U.S. President Donald Trump’s tariffs on steel and aluminum, a senior South Korean government official stated
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