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Hyundai to Expand Eco-focused Product Lines to 13 by 2022
Hyundai Motor India Ltd Says Cumulative Sales Of 63,610 Units In Oct, Down 2.2%
Hyundai Motor Oct Global Sales Down 2.5% Y/Y To 399,906
HYUNDAI MOTOR COMPANY is a Korea-based company principally engaged in the manufacture and distribution of automobiles and automobile parts. Along with its subsidiaries, the Company operates its business through three segments. The Vehicle Segment manufactures automobiles mainly under the brand names of Genesis, Tucson, Equus, Veloster, Azera, Sonata, Elantra, Accent. This segment also produces commercial vehicles including trucks, buses, special vehicles and others, as well as automobile components. Meanwhile, it also involves in providing automobile maintenance services. The Financial Segment mainly provides financial services including automobile retail loans and auto-leasing, and it also engaged in issuing and managing of credit cards. The Other Segment is mainly engaged in the manufacture of railway vehicles and systems, and also provides the train maintenance services.
Auto & Truck Manufacturers
1F, 12, Heolleung-ro, Seocho-gu
Mong Gu Jung
Chairman of the Board, Co-Chief Executive Officer
Won Hui Lee
Co-President, Co-Chief Executive Officer, Director
Co-President, Chief Operating Officer
Yeong Wun Gong
Seong Gwon Han
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Total Debt To Equity (MRQ)
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South Korean automaker Hyundai Motor <005380.KS> will start making its Santa Cruz pickup trucks at its U.S. factory in 2021, with an investment of $410 million (£320.41 million), as it seeks a foothold in the popular, but highly competitive, segment led by U.S. rivals.
Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a $410 million expansion at the Alabama plant.
Hyundai Motor Co will offer autonomous ride sharing services in California from next month to study consumer behavior in an autonomous driving environment, the companies involved said on Friday.
South Korea's Hyundai Motor pledged to boost sales of electric vehicles (EV) to over half a million by 2025 as part of a bid to focus on new technologies and catch up with rivals, but some analysts saw the target as conservative and warned of the costs.
South Korea's Hyundai Motor said on Thursday its third-quarter net profit rose 59%, missing analysts' consensus, after it set aside additional costs to address potential engine defects in the U.S. and home markets.
Hyundai Motor <005380.KS> said on Tuesday it was considering raising its stake in its underperforming truck joint venture in China, potentially joining other foreign automakers in boosting ownership in the world's biggest car market.
Hyundai Motor is considering increasing its stake in its China joint venture, Sichuan Hyundai Motor, among various plans it is weighing, the South Korean automaker said on Tuesday.
* UPSTREAM SECURITY CLOSES $30 MILLION SERIES B INVESTMENT FROM RENAULT, VOLVO GROUP, HYUNDAI, NATIONWIDE
Hyundai Motor Co <005380.KS> and affiliate Kia Motors Corp <000270.KS> have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea.
South Korea's Hyundai Motor and Kia Motors agreed to resolve class action litigation with U.S. owners of certain vehicles equipped with Theta II gasoline direct injection (GDI) engines, the companies said on Friday.
Automakers, including Toyota Motor Corp <7203.T> and Hyundai Motor <005380.KS>, on Tuesday reported a sharp drop in September U.S. sales, hurt by the early timing of Labor Day as sales from the holiday weekend were booked in August.
Hyundai Motor Co <005380.KS> and its Kia affiliate have sued the four largest U.S. railroads, accusing them of violating U.S. antitrust law by conspiring to drive up shipping costs though coordinated fuel surcharges.
Ionity, the European electric vehicle charging joint venture of Volkswagen <VOWG_p.DE>, BMW <BMWG.DE>, Daimler <DAIGn.DE> and Ford <F.N>, said on Monday that South Korea's Hyundai Motor <005380.KS> had joined as a shareholder.
Hyundai Motor Co's <005380.KS> unionized workers in South Korea voted on Monday to accept the lowest bonus offered in nearly two decades amid widespread restructuring in the auto industry and a damaging trade dispute with Japan.
Hyundai Motor Co's unionised workers in South Korea voted on Monday to accept the lowest bonus offered in nearly two decades amid widespread restructuring in the auto industry and a damaging trade dispute with Japan.
Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said.
Hyundai Motor Co <005380.KS> and its South Korean workers' union have reached a tentative wage deal and averted strike action for the first time in eight years, sending the automaker's shares up by more than 4%.
Hyundai Motor and its South Korean union reached a tentative wage deal without resorting to a strike for the first time in eight years, a union spokesman said on Wednesday.
South Korea's Hyundai Motor Co <005380.KS> laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years.
South Korea's Hyundai Motor Co on Monday said second-quarter net profit climbed 31.2%, as a weaker local currency helped lift U.S. income, while new models boosted domestic sales.
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