Hyundai Motor Co. reached a tentative wage deal with its labor union in South Korea on Monday.
Hyundai intends to sell 142.2 million shares in an IPO for its Indian subsidiary.
The US Department of Labor has filed a lawsuit against Hyundai Motor Co, an auto parts plant, and a labor recruiter in Alabama, alleging illegal use of child labor and seeking an order to relinquish any profits related to the exploitation.
NICB announced its list of the most stolen cars, with Kia and Hyundai at the top. Here are other vehicle brands commonly targeted by thieves.
A Hyundai and Kia unit was accused of illegally repossessing cars from military service members. The financial unit now wants to settle charges.
X has taken action by suspending the account responsible for the antisemitic posts, citing violations of its policy against abusive profiles.
Mitsubishi Motor Cop. announced its intention to invest nearly P4.3 billion in order to commence its production of sedan and hatchback styles of Mirage model in Philippines. The investment activity will help the company to withstand the global economic slowdown.
Ford is reportedly intending to start a new plant in Mexico with an aim to boost its production capacity of US plants. This move by the company reflects its rival General Motors' investment plan of $5 billion to multiply the production capacity in Mexico within 2018.
Ford Motor said its fourth-quarter earnings beat Wall Street analysts' expectations and reiterated 2016 pre-tax profit forecast to be identical to or greater than the previous year.
Takata Corp is reportedly planning to meet its major clients in order to discuss its business forecasts. The US transport authorities announced a fresh recall of about 5 million vehicles subsequent to the recent death caused by the Japanese firm's airbag inflators.
Samsung has taken a decision a take an alternative business of automobile. The reason behind this is the declining profit generated from its Samsung handsets.
Hyundai, the Korean car manufacturer, showcased its newest models at Frankfurt International Motor Show 2015. Concept cars like N 2025 Vision Gran Turismo were highlighted in the event.
Hyundai and Kia Motors reportedly changed their China executives after sales in China significantly reduced. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.
When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them.
Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) aim to lift global vehicle sales by 2.5 percent in 2015, as capacity constraints and a weak market recovery set up the South Korean pair for their slowest expansion in 12 years.
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