Hyundai Group

Carmakers report best U.S. August since 2003

U.S. August auto sales were the highest for that month in more than a decade, thanks in part to heavy discounting by the manufacturers and a strong Labor Day weekend close, with the industry selling at an annualized pace not seen since early 2006.

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Hyundai Merchant shares jump the most after parent Hyundai Group announced $3.1B asset sale

Shares of Hyundai Merchant Marine jumped the most among shares of Hyundai Group companies following the conglomerate's announcement that it will sell assets to raise $3.1 billion to repay bonds due in two years.

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