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US carmaker writes to group’s owner seeking full transparency regarding allegations of personal misconduct
...“I respected the integrity of the independent investigation and fully co-operated with it every step of the way,” he said....
...Chery UK head Victor Zhang said the company was aiming to rival South Korean mass market carmakers Hyundai and Kia, which first entered the British market in the early 1980s and early 1990s, respectively...
...“If they are successful, that will send a strong signal both to Korean companies and to foreign investors that it is possible for them to co-operate.” Additional reporting by Andy Lin in Hong Kong...
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...Employees have started publicly campaigning to join the UAW at two plants in Alabama owned by Mercedes-Benz and Hyundai....
...William Cohan, ‘The Last Tycoons: The Secret History of Lazard Frères & Co’ (2007) Favourite: Point of No Return, by John Marquand....
...“Korea lacks auto software engineers and Hyundai is weak in that field, so it is expanding co-operation with foreign tech companies....
...The alliance also includes smaller partner Mitsubishi Motors....
...Korean carmakers Hyundai and Kia have benefited from the trend, say dealers and industry analysts....
Japanese carmaker has fallen behind in electric vehicle race and lacks scale needed to compete globally
...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...
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...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...
...BYD wants to overtake the top-selling models in the Indonesian market last year, which included the Hyundai Ioniq 5, and the Air EV from China’s Wuling Motors....
Chinese EV giant is widening its range by price point and fuel type
...In 2003, the Chinese company acquired Hyundai Display Technology, then a subsidiary of the Korean SK Group conglomerate....
...He has said that he fully co-operated with the investigation. Additional reporting by Peter Campbell...
...But Gaynor noted that data from the Society of the Irish Motor Industry showed that Irish drivers favour midsized SUVs, nearly 60 per cent of which are hybrid or fully electric....
Company puts its pedal to the metal despite slowing EV demand
...The manufacturing subsidies the carmaker receives from China are “very limited”, Shu told the Financial Times in an interview at the Geneva Motor Show....
...More than 600 miles from Bremen, hours after the BYD ship docked, Renault boss Luca de Meo used the Geneva Motor Show to unveil a series of cars he believes will help the French manufacturer hold its ground...
...New York City is suing Hyundai Motor and its affiliate Kia for negligence and creating a public nuisance over complaints about a “virtual explosion” of stolen cars blamed on a lack of anti-theft devices....
...Hyundai and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric vehicle sales behind Tesla, with their market share set to grow once a new $7.6bn plant...
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