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Hyundai Motor, Kia Motors, LG Chem Launch Competition To Invest In EV, Battery Start-Ups
Hyundai Motor India Says May Cumulative Sales Of 12,583 Units
Hyundai Motor India Reports Exports Sales Of 1341 Units In April 2020
HYUNDAI MOTOR COMPANY is a Korea-based company principally engaged in the manufacture and distribution of automobiles. Along with its subsidiaries, the Company operates its business through three segments. The Vehicle segment manufactures commercial vehicles, including cars, trucks, buses and specialty vehicles. The segment also provides automotive maintenance services and related parts. The Financial segment mainly provides financial services including installment financing, lease, credit cards. The Other segment is mainly engaged in the manufacture of railway vehicles and systems, as well as the provision of the train maintenance services.
Auto & Truck Manufacturers
12, Heolleung-ro, Seocho-gu
Mong Koo Jung
Chairman of the Board
Eon Tae Ha
President, Co-Chief Executive Officer, Director
Won Hui Lee
Co-President, Co-Chief Executive Officer, Director
Co-President, Chief Operating Officer
Yeong Wun Gong
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Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Fiat Chrysler Automobiles NV and Hyundai Motor Co on Wednesday reported a sharp decline in quarterly U.S. auto sales, as the COVID-19 crisis sapped auto demand across the country.
Hyundai Motor Group and LG Chem Ltd <051910.KS> are considering establishing an electric vehicle (EV) battery manufacturing joint venture in Indonesia, a person familiar with the matter told Reuters on Tuesday.
South Korea's Hyundai Motor Group and LG Chem Ltd are considering establishing an electric vehicle (EV) battery cell manufacturing joint venture in Indonesia, a person with direct knowledge of the matter told Reuters on Tuesday.
The death of a factory worker at a Hyundai Motor parts supplier in an industrial accident led to some Hyundai production lines in South Korea, including for the Palisade SUV, temporarily being suspended, a union official said on Friday.
South Korea's Hyundai Motor Co <005380.KS> said on Monday its provisional May sales fell 39% year-on-year to 217,510 vehicles globally, as the coronavirus outbreak continued to hit demand in key markets.
South Korea's Hyundai Motor said on Monday its provisional May sales fell 39% on year to 217,510 vehicles globally, as the impact of COVID-19 continued to hit global auto demand in key markets. (Reporting by Joyce Lee; Editing by Himani Sarkar)
Three employees at Hyundai Motor Co's Indian plant have tested positive for the coronavirus, the company said on Sunday, days after the South Korean automaker resumed operations after a near two-month lockdown.
South Korea's Hyundai Motor <005380.KS> said on Wednesday its provisional April sales fell 57% on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts to curb its spread sharply contracted auto demand and dealership traffic.
South Korea's Hyundai Motor Co <005380.KS> said on Thursday it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the coronavirus pandemic caused first-quarter vehicle sales to tumble 18%.
South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade, as the coronavirus hit demand in China and due to losses at its financial business.
South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% from a year earlier as the spreading coronavirus outbreak hit demand for cars worldwide.
As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group.
Hyundai Motor Co's <005380.KS> Czech car plant was the first in the central European country to get back to work on Tuesday after a three-week outage, potentially easing some of the strain on the hard-hit economy.
* HYUNDAI DOUBLES SUPPORT FOR COVID-19 DRIVE-THRU TESTING LOCATIONS ACROSS AMERICA Source text for Eikon: (Reuters.Briefs@thomsonreuters.com)
Hyundai Motor Co's North American unit will expand its support for "drive through" testing for the coronavirus and donate 65,000 tests to hospitals in the United States, the South Korean automaker said on Tuesday.
Kia Motors Corp <000270.KS> told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak weighs on exports to Europe and the United States, a union official said on Monday.
Hyundai Motor Co's <005380.KS> Czech plant plans to restart on April 14 after a three-week production outage as part of efforts to fight the coronavirus, becoming the first of the three major carmakers in the central European country to resume work.
* HYUNDAI MOTOR: ALABAMA PLANT SUSPENSION TO BE EXTENDED UNTIL MAY 1 -SPOKESMAN
Global sales for Hyundai Motor Co <005380.KS> tumbled 21% in March to an 11 year-low for the month as the coronavirus pandemic batters demand and forced several of its overseas plants to suspend production.
Vietnam-based Hyundai <005380.KS> assembler TC Motor and Honda <7267.T> Vietnam have shut down their plants for two weeks amid a nationwide social distancing campaign to curb the spread of the coronavirus, the companies said on Wednesday.
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