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...Hyundai Motors share price rose after announcing its fourth quarter results on Thursday, despite missing operating profit estimates....
...Tapping the resurgent demand for hybrids was a priority, executives from General Motors, Nissan, Hyundai, Volkswagen and Ford told the Financial Times’ Future of the Car Summit this week....
...Senior executives from Volkswagen, General Motors and Hyundai will speak during the three day summit....
...Hyundai Motor sold its vehicle plant in Chongqing late last year for Rmb1.62bn ($225mn) to downsize its struggling China operations, the South Korean carmaker said on Wednesday....
...Employees have started publicly campaigning to join the UAW at two plants in Alabama owned by Mercedes-Benz and Hyundai....
...Hyundai Motor Group, which owns the Hyundai, Kia and Genesis brands, also has the fourth-largest share of the overall US car market, behind Toyota, Ford and GM, according to sales data from S&P Global....
...The European boss of Hyundai, Michael Cole, said the South Korean carmaker had to “sharpen our act” to compete with a wave of low-cost Chinese electric cars that were coming to Europe....
...Apart from the latest investment pledges by the two Chinese automakers, South Korea’s Hyundai Motor began full-scale production at an Indonesian factory in March 2022....
...Hyundai Motors holds its annual shareholder meeting. Economic data: New Zealand releases gross domestic product figures for the fourth quarter. Japan publishes trade data for February....
...Korean carmakers Hyundai and Kia have benefited from the trend, say dealers and industry analysts....
...The announcement follows a string of major funding promises by car manufacturers in Brazil this year, including Volkswagen, General Motors and Hyundai....
...The first seven proposals submitted recently by the private sector include bids from consortiums led by state-owned China Railway Construction; South Korea’s Hyundai Rotem, a Hyundai Motor unit focused on...
...Corporate earnings: Indonesia’s Bank Central Asia, South Korea’s SK Hynix, Hyundai Motor and Naver, and India’s Maruti Suzuki publish results....
...Hyundai, which makes cars in China as part of a joint venture with state-backed BAIC Motor, declined to comment on its China business....
...Multinational carmakers have given a firm vote of confidence in Brazil in 2024, with significant funding also confirmed in recent weeks by Volkswagen, Toyota, Hyundai and General Motors, together totalling...
...Hyundai Motors on Wednesday raised its full-year earnings forecast after reporting a 42 per cent growth in second-quarter operating profit on robust sales of electric vehicles....
...Backed early by Hyundai, the company was once valued at $15bn when it listed on the Nasdaq exchange in 2021....
...The union wrested big pay rises and other benefits from Ford, General Motors and Stellantis earlier this month after a six-week strike against the companies....
...General Motors and Tesla have paused some of their EV expansion plans....
...Sung added that SK On stood to benefit from the rapid US growth of South Korean carmaker Hyundai, which together with sister brand Kia has overtaken Ford and General Motors to claim second place in US electric...
...Earlier this month, Hyundai Motor terminated an aluminium supply agreement with Indonesia’s Adaro Minerals following a campaign by a climate group backed by K-pop fans that called on the Korean automaker...
...A vote is scheduled this month at Volkswagen’s factory in Chattanooga, Tennessee and the UAW has begun publicly campaigning at two plants in Alabama owned by Mercedes-Benz and Hyundai....
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
...New York City on Tuesday sued Hyundai Motor and its affiliate Kia as the number of reported stolen cars made by the South Korean companies doubled last year due to their lack of anti-theft devices....
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