Hyundai
Hyundai Motor did not exercise option to buy back Russian auto factory
Chinese brands have gained significant market share over the past four years
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further
Hyundai unveils new humanoid robot to work in its car factories
The South Korean company plans to invest 125 trillion won in South Korea over the next five years
Hyundai not in a position to buy back Russian auto factory: source
Renault, Ford, Nissan and Mercedes-Benz also have buyback options which expire between 2027 and 2029
Hyundai’s US$26 billion investment plan in the US to continue despite immigration raid, says CEO
Its workers were detained at a plant it had a stake in
Hyundai pledges record US$85.8b investment in South Korea
Hyundai called it “the company’s largest-ever domestic investment commitment”
Korean conglomerates pledge US$464 billion of domestic investment
A trade deal with the US sparked concerns over low domestic investment and the nation’s currency
Hyundai Motor Group signs MOU with EDB to advance low-carbon, hydrogen technologies
The group is currently exploring various potential collaborations with Singapore-based companies and start-ups
Hyundai pivots to hybrids as it unveils US$5 billion India plan
The move comes as the automotive industry has moved away from ambitious targets for EV sales outside of China, following a hybrid-oriented path pioneered by Toyota Motor
South Korean minister says US admits plant raid was ‘excessive’
SEOUL’S trade envoy on Monday suggested that Washington has some regrets about a recent immigration raid that detained hundreds of South Koreans in the US state of Georgia.