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
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Guangzhou Automobile Group Co Ltd (GAC) on Wednesday stated a brewing trade war between China and the United States could damage the Chinese automaker’s strategies to enter into the U.S.
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
Nissan Motor is going to slash hundreds of jobs at its Sunderland plant, that is also Britain’s biggest automotive factory. The automaker is tackling the decreasing demand for diesel models
Toyota Motor prepares to begin offering U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker stated on Monday, possibly preventing thousands of
The truck units of Toyota and Volkswagen are forming an alliance to boost their market positions as commercial automakers face increasing costs to develop lower-emission automobiles and automated driving capabilities.
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
At a small plant meant to help revitalize a town devastated by the 2011 earthquake, Nissan Motor is providing its costly electric vehicle (EV) batteries new life as they pass
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