Hyundai Motor has replaced the head of its Chinese operation, as it is having a hard time to restore a grip in the world’s biggest auto market amid a diplomatic …
Hyundai in China
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Hyundai Motor said on Wednesday it had restarted production in China after a supply issue forced the suspension of operations past week, complicating its efforts to raise sagging sales. The …
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Marked by anti-Korean sentiment in its greatest market and losing ground to regional automakers, Hyundai Motor is going to open its first Chinese brand shop, and regionally assemble its premium …
- Hyundai
Hyundai China Joint Venture is dealing with “severe market challenges”
by SpeedLuxby SpeedLuxThe China joint venture of Hyundai Motor is dealing with extreme difficulties due to a complex political, financial and competitive environment, its chairman stated on Wednesday, admidst of a political …
- Asian
South Korean companies in China hit by troubles impacting workers and suppliers
by SpeedLuxby SpeedLuxSouth Korean companies in China have been smashed by Beijing’s upset reaction to Seoul’s decision to deploy a U.S. anti-missile system, however the boycotts and regulatory pressure on companies like …
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Hyundai Motor on Monday stated it had suspended production at one of its Chinese factories for one week, fueling issue that a diplomatic standoff may be harming sales in the …
- Hyundai
Import Dealers Are Facing Problem In China; Hyundai to support troubled dealers
by SpeedLuxby SpeedLuxKorean cars are losing their familiarity in China. People are buying cars, which are produced in China, thus foreign brands are losing their market. Sales are in declining rate. Especially, …
- HyundaiNissan
China Said to Allege Nissan and Hyundai In Widening Green Car Subsidies Scandal
by SpeedLuxby SpeedLuxChina has alleged over 20 extra automakers, such as Nissan and Hyundai, of breaking rules on green vehicle subsidies, as per a state media report, expanding a scandal over a …
- Asian
China Hyundai dealers look towards $135 million compensation, say automaker reduced supply
by SpeedLuxby SpeedLuxA group of Hyundai Motor Co dealerships in China is looking for 800 million-900 million yuan ($120 million – $135 million) in compensation from the South Korean automaker, stating Hyundai …
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Hyundai Motor, Korea’s leading automaker, and its smaller affiliate Kia Motors, posted a built up production of over 20 million automobiles in Brazil, Russia, India and China, much better called …
