The dispute has moved into the economic arena what the two see as proper contrition for Japan's colonial rule over the Korean Peninsula
Both companies had not offered any immediate comments on Saturday
The company showcased Kona at the Global Investors Meet. It is an electric car, which can run upto 350 kms with a one-hour charge
Hyundai Motor President Albert Biermann is likely to be named chief of the automaker's research and development (R&D) division
Hyundai is expected to invest 53 billion won ($47.5 million) for a 19 per cent stake in the joint venture
We will increase capacity by 50,000 units from January 2019, taking total capacity to 750,000 units, says Y K Koo
US activist hedge fund Elliott Management ramped up pressure on the South Korean automaker
Domestic sales of the company rose by 8.3 per cent to 45,508 units in December
For the full year, it posted a net profit of 4.03 trillion won, versus 5.41 trillion won a year ago
The voting took place on Friday with a turnout of 88 percent, with the result tabulated early on Saturday
Hyundai Motor's sales from Chinese factories fell 64% to 105,000 vehicles in April-June alone
SEOUL (Reuters) - Hyundai Motor Co <005380.KS> said on Thursday it will launch a long-range electric vehicle with a driving range of 500 km (311 miles) per charge after 2021, seeking to address investor concerns that it is lagging rivals in the green car race.
HMC is evaluating the prospects of the Indian small and heavy commercial vehicle market
Hyundai's faced backlash in sales as S Korea deployed US anti-missile defence system
Hyundai Motor India Ltd (HMIL), the country's second largest car manufacturer and the largest passenger car exporter today opened the Online booking for its range of cars for ease of customers across India. The company around 10 per cent of its sales through the new initiative. YK Koo, MD & CEO, HMIL said, "Hyundai is a Customer Centric and Innovative brand with strong focus on Digitalisation. We have attained the leadership position within the Auto industry and are front runners in Online Media Innovation and Digital Interactions. The Online Car Booking will empower our customers and redefine online car purchase in India by making Customers' purchase journey more Simpler, Faster, convenient yet experiential." This is part of company's vision to be a modern premium brand and going to help new customers, who are more digital savy, said Puneet Anand . Sr. GM & Group Head - Marketing, Hyundai Motor India Ltd.He noted today around 65 per cent of the customers does research ...
Company said its Jan-Mar net profit was $1.3 tn won, down 21% from 1.7 tn won a year earlier.
Company said it sold 52,734 units last month as against 49,729 units sold in February 2016
Hyundai will log double-digit growth in India in 2017, a top official said
Suzuki also plans to invest $460 million on a second plant
The 2017 target is slightly higher than their 2016 goal of 8.13 million vehicles