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Hyundai Motor Co



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Hyundai suspends passenger vehicle sales in Japan

Hyundai Motor Co said Saturday it will pull out of the Japanese passenger vehicle market amid sluggish sales, and instead focus on commercial vehicle sales there. Hyundai, South Korea’s No. 1 automaker, has found it tough going in Japan and sold only about 15,000 passenger cars there since 2001 when it made inroads into the home [...] > Read complete article inside...

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Hyundai suspends passenger vehicle sales in Japan

Hyundai Motor Co said Saturday it will pull out of the Japanese passenger vehicle market amid sluggish sales, and instead focus on commercial vehicle sales there. Hyundai, South Korea's No.

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Hyundai, Kia see combined 2010 sales up 16 pct

Hyundai Motor Co and affiliate Kia Motors Corp have set their combined 2010 sales target at 5.39 million vehicles, up 16 percent from the estimated sales this year, Maeil Business Newspaper reported.

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Hyundai mulls new China unit

Hyundai Motor Co, South Korea's biggest automaker, plans to build a third plant in China to meet demand in the world's largest automobile market so far this year. The new factory, which may cost about $800 million, is expected to be completed by the end of 2011, Noh Jae-man, president of the Seoul-based company's Chinese venture, said yesterday in Hong Kong. The factory, with an annual capacity of...

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Hyundai Motor to sell stake in Hyundai Mobis

Hyundai Motor Co is planning to sell its stake in affiliate Hyundai Mobis, worth 231 billion won ($200 million), to comply with anti-trust rules, the carmaker said on Wednesday.

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Hyundai Motor to sell Hyundai Mobis stake -report

Hyundai Motor Co is planning to sell off its stake in affiliate Hyundai Mobis Co in block trade to comply with anti-trust rules, online media provider eDaily reported on Wednesday.

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Sales of Beijing Hyundai in October 2009 (by model)

Sales of Beijing Hyundai Motor Co in October 2009 (by model):Data: CPCA .

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Hyundai sees its '10 global sales improving on '09

Hyundai Motor Co, South Korea's top automaker, expects its global sales in 2010 to be better than this year, a senior executive said on Thursday.

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Suzuki ups guidance on India sales

Suzuki Motor Corp quadrupled its annual operating profit forecast yesterday as sales soared in its main Indian market, setting it apart from other Japanese automakers that have depended heavily on the sinking US market. Suzuki, like South Korean rival Hyundai Motor Co, has been a major beneficiary of a global shift in consumer preference towards smaller cars, partly fanned by government incentives...

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Suzuki quadruples operating guidance on soaring India sales

Suzuki, like South Korean rival Hyundai Motor Co, has been a major beneficiary of a global shift in consumer preference towards smaller cars.

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Hyundai makes record profit in third quarter

Seoul - South Korean automaker Hyundai Motor Co said Thursday that its net profit for the third quarter had more than tripled and hit a record. Its profit rose to 979.1 billion won (827 million dollars) from 264.8 billion won in the same period last ...

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Toyota launches new hybrid, Honda warms to electric

Toyota Motor Corp is ramping up its push on gasoline-electric hybrids, launching a new model in Japan and taking on up-and-coming rival Hyundai Motor Co in its Korean home market with its flagship Prius. Looking a step beyond hybrids, the head of Honda Motor Co said he was considering launching electric vehicles in the United States, Europe and Japan, indicating a shift in the strategy of Japan's No.2...

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Sales of Beijing Hyundai in September 2009 (by model)

Sales of Beijing Hyundai Motor Co in September 2009 (by model): Data: CPCA .

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Beijing Hyundai to expand green taxi fleets

Shanghai, October 19 (Gasgoo.com) Beijing Hyundai Motor Co, a joint venture in China between Hyundai Motor Co and Beijing Automotive Industry Holdings Co, said it would develop green taxis that can burn 10 percent less fuel in future.

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S.Korea KOSPI extends losses as exporters hit

SEOUL, Oct 1 (Reuters) - Seoul shares extended losses by midday on Thursday, with exporters including Hyundai Motor Co and LG Electronics Inc dropping as investors turned cautious and booked profits.