Hyundai Motor is in talks with the Chinese government for selling one of its factory sites in Beijing according to news agency Yonhap. The report said the automaker is promoting …
Hyundai in China
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Hyundai Motor Group said on Thursday it prepares to launch electric vehicles in China every year starting by 2022 to strengthen its presence in the country. The automaker said it …
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Hyundai Motor’s China domestic plant sales in February was 1,007 vehicles, company data revealed on Tuesday, showing decline of 97% from 38,017 vehicles a year ago. The automaker’s global auto …
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Hyundai and Kia Motors to keep Chinese plant idled until February 16
by SpeedLuxby SpeedLuxHyundai Motor and affiliate Kia Motors plan to resume production at their Chinese factories on February 17, a representative said on Friday. They suspended Chinese production because of the coronavirus …
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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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Hyundai may suspend production at one of its Chinese plants as downturn bites
by SpeedLuxby SpeedLuxHyundai Motor is thinking about the plans to suspend production at its oldest plant in China, the South Korean automaker stated on Wednesday, as it reels from decreasing sales and …
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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 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. …
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Hyundai is thinking about a plant in Southeast Asia following China setback
by SpeedLuxby SpeedLuxHyundai Motor stated it is thinking about constructing an automobile plant in Southeast Asia with Indonesia and Vietnam possible places – part of efforts to diversify after a sales downturn …
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South Korean automaker Hyundai Motor stated on Friday it will carry on its Chinese joint venture with BAIC Motor, brushing off investor concerns about soured relationships between the partners. China’s …
