Hyundai Motor Co http://www.globalpost.com/taxonomy/term/27635/all en UPDATE 1-Hyundai posts surprise Q4 profit fall on currency, mileage fiasco http://www.globalpost.com/dispatch/news/thomson-reuters/130124/update-1-hyundai-posts-surprise-q4-profit-fall-currency-mileage <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Q4 net profit down 6 pct to 1.89 trln won vs. consensus of 2.15 trln</p> <p>* Outlook dampened by currency shifts, competition</p> <p>* Hyundai gains in China as Japanese rivals struggle</p> <p>SEOUL, Jan 24 (Reuters) - Hyundai Motor Co posted a surprise quarterly profit decline after a stronger local currency and the cost of compensating drivers in North America for overstated fuel-economy claims dented car sales.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130124/update-1-hyundai-posts-surprise-q4-profit-fall-currency-mileage" target="_blank">read more</a></p> Hyundai Kia Automotive Group Hyundai Motor Co Private transport Transport Thomson Reuters Thu, 24 Jan 2013 06:00:29 +0000 5738680 at http://www.globalpost.com UPDATE 2-Hyundai posts surprise profit drop as won dulls winning edge http://www.globalpost.com/dispatch/news/thomson-reuters/130124/update-2-hyundai-posts-surprise-profit-drop-won-dulls-winning-e <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Q4 net profit down 6 pct to 1.89 trln won vs. consensus of 2.15 trln</p> <p>* Outlook dampened by currency shifts, competition</p> <p>* Hyundai gains in China as Japanese rivals struggle</p> <p>By Hyunjoo Jin</p> <p>SEOUL, Jan 24 (Reuters) - Hyundai Motor Co, ranked fifth in global sales with affiliate Kia Motors , posted a surprise quarterly profit drop as a stronger Korean won dented its overseas earnings, sending its shares falling the most in three weeks.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130124/update-2-hyundai-posts-surprise-profit-drop-won-dulls-winning-e" target="_blank">read more</a></p> Business Hyundai Kia Automotive Group Hyundai Motor Co Private transport Transport Thomson Reuters Thu, 24 Jan 2013 07:30:33 +0000 5738691 at http://www.globalpost.com Hyundai Motor-Brazil market http://www.globalpost.com/dispatch/taxonomy/term/39093/130312/hyundai-motor-brazil-market <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 10 (Yonhap) -- Hyundai Motor Co., South Korea's leading automaker, posted a record-high market share in Brazil in February thanks to strong sales of its subcompact passenger car that hit showrooms last year, industry data showed Sunday.</p> <p>Hyundai Motor sold a total of 14,617 vehicles in the Brazilian market last month for a market share of 6.6 percent, up one notch from the previous month, according to the data by the Brazilian Automotive Industry Association.</p> <p><a href="http://www.globalpost.com/dispatch/taxonomy/term/39093/130312/hyundai-motor-brazil-market" target="_blank">read more</a></p> Brazil Hyundai Kia Automotive Group Hyundai Motor Co Hyundai Motor Company Transport Yonhap News Agency Tue, 12 Mar 2013 20:17:59 +0000 5781495 at http://www.globalpost.com Hyundai Motor-US sales mark http://www.globalpost.com/dispatch/taxonomy/term/39093/130312/hyundai-motor-us-sales-mark <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 8 (Yonhap) -- Hyundai Motor Co., South Korea's leading automaker, said Friday that its cumulative sales in the U.S. surpassed the 8 million mark in February, 27 years after its made inroads into the world's second-largest automotive market.</p> <p>Hyundai Motor began selling cars in the U.S. in 1986, with a single model, the Hyundai Excel. In that year, some 168,00 Excels were sold.</p> <p>Hyundai Motor, now the world's fifth-largest automaker along with its affiliate Kia Motors Corp., achieved the 5 million sales mark in the U.S. in 2007.</p> <p><a href="http://www.globalpost.com/dispatch/taxonomy/term/39093/130312/hyundai-motor-us-sales-mark" target="_blank">read more</a></p> Business Hyundai Motor Co Land transport Private transport Transport Yonhap News Agency Tue, 12 Mar 2013 20:21:33 +0000 5781571 at http://www.globalpost.com Hyundai Motor-profitability http://www.globalpost.com/dispatch/news/yonhap-news-agency/130315/hyundai-motor-profitability <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 15 (Yonhap) -- Hyundai Motor Group Chairman Chung Mong-koo pledged Friday to ramp up efforts to boost its profitability and the brand value of vehicles as he laid out plans to make his companies leading global carmakers.</p> <p>Currently, Hyundai Motor Group is the world's fifth-largest carmaker as Hyundai Motor Co., South Korea's top automaker, and its sister company Kia Motors Corp. have boosted their market share around the world in recent years.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130315/hyundai-motor-profitability" target="_blank">read more</a></p> Business Human Interest Hyundai Kia Automotive Group Hyundai Motor Co Hyundai Motor Group Private transport Transport Yonhap News Agency Fri, 15 Mar 2013 06:17:11 +0000 5784187 at http://www.globalpost.com Hyundai Motor-Brazil Market http://www.globalpost.com/dispatch/news/yonhap-news-agency/130316/hyundai-motor-brazil-market <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SAO PAULO, March 17 (Yonhap) -- Hyundai Motor Co., South Korea's largest automaker, has maintained fourth place in subcompact passenger car sales in Brazil during the first two and half months of this year, the company said Sunday.</p> <p>Hyundai Motor, the world's fifth largest automaker, has sold 6,124 units of the HB20 in the first half of March, a Hyundai spokesman said.</p> <p>The South Korean carmaker sold 10,179 units of the HB20 in Brazil in February alone, emerging as the fourth biggest seller in the subcompact passenger car market.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130316/hyundai-motor-brazil-market" target="_blank">read more</a></p> Hyundai Kia Automotive Group Hyundai Motor Co Private transport Transport Yonhap News Agency Sun, 17 Mar 2013 02:33:03 +0000 5785731 at http://www.globalpost.com Hyundai-European Commission http://www.globalpost.com/dispatch/news/yonhap-news-agency/130316/hyundai-european-commission <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 17 (Yonhap) -- Hyundai Motor Co. said its ix35 fuel cell electric car has been selected for test drives by key European Union officials this year, a move that could help the top South Korean automaker expand zero-emission cars in Europe.</p> <p>Hyundai Motor said hydrogen fuel cell versions of its popular Tucson ix sport utility vehicle will be available throughout 2013 to members of the European Parliament, European Commission officials and other policymakers for test drives in Brussels, Belgium.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130316/hyundai-european-commission" target="_blank">read more</a></p> Hydrogen economy Hydrogen technologies Hyundai Motor Co Politics Technology Transport Yonhap News Agency Sun, 17 Mar 2013 02:46:32 +0000 5785748 at http://www.globalpost.com Hyundai-US sales http://www.globalpost.com/dispatch/news/yonhap-news-agency/130317/hyundai-us-sales <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 18 (Yonhap) -- South Korea's top automaker Hyundai Motor Co. sold 52,000 vehicles in the United States in February, up 2 percent from a year ago, industry data showed Monday.</p> <p>The data showed that Hyundai's market share in the U.S. remained unchanged at 4.4 percent.</p> <p>Hyundai's smaller sister company, Kia Motors Corp., sold 41,500 units in the U.S., down 8 percent from a year ago. Its market share stood at 3.5 percent last month, down 0.44 percentage points from a year earlier.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130317/hyundai-us-sales" target="_blank">read more</a></p> Hyundai Kia Automotive Group Hyundai Motor Co Hyundai Motor Group Private transport Transport Yonhap News Agency Mon, 18 Mar 2013 01:00:51 +0000 5786352 at http://www.globalpost.com Hyundai-Accent-China sales http://www.globalpost.com/dispatch/news/yonhap-news-agency/130324/hyundai-accent-china-sales <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 25 (Yonhap) -- South Korea's largest automaker Hyundai Motor Co.'s subcompact Accent reclaimed the title of best-selling car in its segment in China this year from Shanghai General Motors Co., industry data showed Monday.</p> <p>Hyundai sold 40,082 units of the Accent, called the Verna in the Chinese market, in the first two months of this year, beating Shanghai GM's Sail subcompact car with 39,161 units, according to the data.</p> <p>The sales of Accent in January and February represent a 24 percent rise from a year ago.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130324/hyundai-accent-china-sales" target="_blank">read more</a></p> Business Hyundai Kia Automotive Group Hyundai Motor Co Hyundai Motor Group Private transport Transport Yonhap News Agency Mon, 25 Mar 2013 01:01:37 +0000 5792822 at http://www.globalpost.com Hyundai Motor-Hermes http://www.globalpost.com/dispatch/news/yonhap-news-agency/130328/hyundai-motor-hermes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>GOYANG, South Korea, March 28 (Yonhap) -- Hyundai Motor Co. on Thursday premiered the concept version of its flagship full-size luxury sedan the Equus wearing French luxury brand Hermes, in the latest sign that the South Korea's largest carmaker is seeking to become a premium brand.</p> <p>The French fashion house designed the interior of the largest and most expensive sedan in Hyundai's line-up by using its signature leather in a project that lasted two years, according to Hyundai.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130328/hyundai-motor-hermes" target="_blank">read more</a></p> Human Interest Hyundai Motor Co Hyundai Motor Group Land transport Private transport Transport Yonhap News Agency Thu, 28 Mar 2013 07:15:36 +0000 5795975 at http://www.globalpost.com Hyundai courts brand prestige with Hermes model makeover http://www.globalpost.com/dispatch/news/thomson-reuters/130328/hyundai-courts-brand-prestige-hermes-model-makeover <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Hyunjoo Jin</p> <p>SEOUL (Reuters) - South Korean carmaker Hyundai Motor Co &lt;005380.KS&gt; hopes a touch of Hermes will make its priciest sedan as desirable as the French retailer's exclusive handbags and catapult its cachet into the same league as luxury European rivals.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130328/hyundai-courts-brand-prestige-hermes-model-makeover" target="_blank">read more</a></p> Hyundai Motor Co Hyundai Motor Group Land transport Private transport Transport Thomson Reuters Thu, 28 Mar 2013 08:45:23 +0000 5796021 at http://www.globalpost.com Hyundai, Kia recall 1.9 mn vehicles in US http://www.globalpost.com/dispatch/news/afp/130403/hyundai-kia-recall-19-mn-vehicles-us-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South Korean automakers Hyundai and Kia are recalling nearly 1.9 million vehicles in the United States to fix brake lights and airbags, the US government said Wednesday.</p> <p>Hyundai recalled certain model-year 2011-2013 Hyundai Elantra vehicles for airbag problems. The brake light recall affects Kia vehicles in model years between 2007 and 2011, the National Highway Traffic Safety Administration said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130403/hyundai-kia-recall-19-mn-vehicles-us-0" target="_blank">read more</a></p> Hyundai Kia Automotive Group Hyundai Motor Co Kia Motors Corp Private transport Transport AFP Wed, 03 Apr 2013 14:15:47 +0000 5800221 at http://www.globalpost.com Hyundai, Kia recall 1.9 mn vehicles in US http://www.globalpost.com/dispatch/news/afp/130403/hyundai-kia-recall-19-mn-vehicles-us-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South Korean automakers Hyundai and Kia are recalling nearly 1.9 million vehicles in the United States to fix brake lights and airbags, the US government said Wednesday.</p> <p>The brake light recall affects Hyundai and Kia vehicles in model years between 2007 and 2011, the National Highway Traffic Safety Administration said.</p> <p>Hyundai Motor Company, South Korea's largest automaker, notified the NHTSA it was recalling nearly one million vehicles to fix a faulty stop light switch that increases the risk of a crash.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130403/hyundai-kia-recall-19-mn-vehicles-us-1" target="_blank">read more</a></p> Hyundai Kia Automotive Group Hyundai Motor Co Private transport Transport AFP Wed, 03 Apr 2013 14:30:33 +0000 5800230 at http://www.globalpost.com Hyundai, Kia recall 1.9 mn vehicles in US http://www.globalpost.com/dispatch/news/afp/130403/hyundai-kia-recall-19-mn-vehicles-us-2 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South Korean automakers Hyundai and Kia are recalling nearly 1.9 million vehicles in the United States to fix brake lights and airbags, the US government said Wednesday.</p> <p>The brake light recall affects Hyundai and Kia vehicles in model years between 2007 and 2011, the National Highway Traffic Safety Administration said.</p> <p>Hyundai Motor Company, South Korea's largest automaker, notified the NHTSA it was recalling about one million vehicles to fix a faulty stop light switch that increases the risk of a crash.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130403/hyundai-kia-recall-19-mn-vehicles-us-2" target="_blank">read more</a></p> Hyundai Kia Automotive Group Hyundai Motor Co Private transport Transport AFP Wed, 03 Apr 2013 16:31:05 +0000 5800626 at http://www.globalpost.com Hyundai-Kia-US recall http://www.globalpost.com/dispatch/news/yonhap-news-agency/130403/hyundai-kia-us-recall-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, April 4 (Yonhap) -- South Korea's top automaker Hyundai Motor Co. and its smaller sister company Kia Motors Corp. will recall more than 2 million vehicles in South Korea and the United States for problems in brake light switches and airbags, company officials said Thursday.</p> <p>The massive recall comes as Hyundai and Kia, the flagships of Hyundai Motor Group, the world's fifth-largest carmaker, are seeking to improve their quality as part of efforts to raise their brand images and eventually compete with global premium brands such as BMW and Mercedes-Benz.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130403/hyundai-kia-us-recall-0" target="_blank">read more</a></p> Business Hyundai Kia Automotive Group Hyundai Motor Co Hyundai Motor Group Private transport Transport Yonhap News Agency Thu, 04 Apr 2013 03:31:03 +0000 5801290 at http://www.globalpost.com