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Hyundai Motor said on Tuesday it prepares to invest 63 trillion won ($50 billion) in South Korea through 2025 to enhance its operations in different business fields, including electrification, robotics,
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Hyundai Motor said on Wednesday it is preparing to invest a total of 21 trillion won ($16.54 billion) through 2030 for expanding its electric vehicle (EV) business in South Korea.
Carlyle Group purchased a 10% stake in logistics company Hyundai Glovis worth about 611 billion won ($510 million), Hyundai Motor Group said on Wednesday. The shares in the Hyundai Motor
South Korean automaker Hyundai Motor said on Friday it has decided to suspend production for two days from Monday at its Asan plant due to chip shortage. It said the
South Korean automaker Hyundai Motor said on Tuesday it would suspend production at its Ulsan No.1 plant in South Korea from April 7-14 due to a shortage of semiconductor chips
South Korea’s stock exchange will start a review next week to examine if executives of Hyundai Motor may have used undisclosed data to trade shares following reports of a tie-up
Shares of Hyundai Motor increased by almost 8% on Wednesday, a day after South Korea announced a “green new deal” to spur the use of environmental friendly vehicles. Other auto
Hyundai has closed a factory in South Korea on Friday after an employee tested positive for coronavirus, disrupting production of well-known models such as Palisade sport utility vehicle. Shares of
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
Hyundai Motor revealed a promising outlook for sales in South Korea and in the United States, and also reported its first increase in profit in five quarters, in an early
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