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...Geely and Hyundai declined to comment. BMW and Lucid did not immediately respond to a request for comment....
...The European boss of Hyundai said the Korean carmaker has to “sharpen our act” to compete with a wave of low-cost Chinese electric cars that are coming to Europe....
...Hyundai is considering making hybrid vehicles as well as electric ones in its new $7.6bn plant in the US, in the face of slower than expected demand....
...Hyundai Motors share price rose after announcing its fourth quarter results on Thursday, despite missing operating profit estimates....
...This account is an inaccurate description of east Asia’s industrial strategy and Hyundai’s success....
...The sale price of the joint venture plant with Beijing Automotive Group was less than half the price that Hyundai had initially sought....
...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....
...Amazon is teaming up with carmaker Hyundai to sell vehicles on its US online store for the first time next year....
...Hyundai has unquestionably been helped by mis-steps from the US’s domestic players....
...Senior executives from Volkswagen, General Motors and Hyundai will speak during the three day summit....
...Arrival, which was backed by Hyundai and valued at $15bn when it listed in 2021, has shed most of its workforce in the past two years to save costs....
...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...
...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....
...Hyundai’s exit from Chongqing comes as combined car sales in China by Hyundai and its Kia affiliate fell to 310,000 last year from nearly 1.8mn in 2016, as a result of free-falling sales of internal combustion...
...puzzle through the current macro situation (Brad Delong) — Why corporate executives talk about ‘opening their kimonos’ (NPR) — The biggest AI hype fraud of all time (AI Supremecy (it’s Musk btw)) — Hyundai...
...This was the route Tesla took, followed by Ford in North America and, more modestly, Hyundai and Kia in the UK....
...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....
...Employees have started publicly campaigning to join the UAW at two plants in Alabama owned by Mercedes-Benz and Hyundai....
...The announcement follows a string of major funding promises by car manufacturers in Brazil this year, including Volkswagen, General Motors and Hyundai....
...Hyundai said its EV sales surged 47 per cent versus an 8.5 per cent increase in overall vehicle sales....
...During the FT conference, senior executives from Nissan, Peugeot, Volkswagen and Hyundai have all flagged the higher competition posed by Chinese carmakers with their advanced technology, especially in batteries...
...Korean carmakers Hyundai and Kia have benefited from the trend, say dealers and industry analysts....
...Corporate earnings: Indonesia’s Bank Central Asia, South Korea’s SK Hynix, Hyundai Motor and Naver, and India’s Maruti Suzuki publish results....
...Arrival, which was backed by Hyundai and valued at $15bn when it listed in 2021, has shed most of its workforce in the past two years to save costs, and switched its primary focus to a US vehicle, after...
...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....
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