South Korea automaker Hyundai Motor and affiliate Kia Motors on Monday forecast that combined worldwide vehicle sales will increase 11.5% in 2021 after declining for two consecutive years. Their target …
Hyundai sales
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Hyundai Motor’s union votes to strike following failure of wage talks
by SpeedLuxby SpeedLuxHyundai Motor’s unionized workers in South Korea voted to strike over stalled wage talks, adding to the woes of the company that is bracing for possible new U.S. tariffs amid …
European car sales increased 9.6 percent in April, led by Toyota, Hyundai and Ford, and improved by an increase in the number of business days, as per the industry data …
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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Hyundai U.S. sales chief Derrick Hatami quits, sales continues to drop
by SpeedLuxby SpeedLuxHyundai Motor’s U.S. sales chief Derrick Hatami has resigned for “personal reasons”, a company spokeswoman stated on Wednesday, the second departure of a leading U.S. executive in the past 6 …
Hyundai Motor projected a progressive earnings recovery after publishing a smaller-than-expected 21 percent drop in quarterly profit as sales of higher-margin vehicles cushioned the impact of a U.S. recall and …
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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 …
South Korea’s Hyundai Motor and Kia Motors on Monday stated “weaker sales in China” most likely dragged down overseas sales in March, following a diplomatic row over a missile system …
Hyundai Motor and affiliate Kia Motors stated their worldwide sales dropped 2 percent to 7.88 million automobiles in last year from the preceding year, disappointing their target of 8.13 million …
Hyundai Motor intends to sell 100,000 Azera sedans in South Korea next year, its domestic sales chief stated on Tuesday, as South Korea’s leading car manufacturer presses to revive purchases …

