Hyundai Motor acquires Boston Dynamics from SoftBank for almost $1 bn

Hyundai Motor Co. has decided to acquire the US robotics firm Boston Dynamics Inc. from SoftBank Group for slightly less than 1 trillion won ($921 m...

Hyundai rolls out customer-centric luxury SUV GV70

Hyundai Motor Co. has unveiled its brand-new Genesis sport utility vehicle (SUV) model GV70, the latest urban midsize SUV from the South Korean auto...

Hyundai mulls downsizing skyscraper for future mobility

Hyundai Motor Co. is at a crossroads over the construction of its $3.4 billion global business center, deliberating on whether to downsize the 105-s...

Hyundai Motor unveils all-new electric vehicle platform E-GMP

Hyundai Motor Co. has unveiled a new platform, which will underpin its electric vehicles in coming years as South Korea’s largest automotive g...

Hyundai Heavy endures to be likely buyer of Doosan Infracore

Hyundai Heavy Industries Holdings Co., the world's largest shipbuilder, is one step closer to acquiring a 36.07% controlling stake in Doosan Infracore...

Hyundai Motor, INEOS team up to explore growth in hydrogen economy

South Korea’s largest automaker Hyundai Motor Co. and London-based chemicals company INEOS have teamed up to explore new business opportunities ...

Hyundai Heavy, Samsung Heavy pull in over $1 trn in VLCC orders

South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...

Hyundai Motor hires Goldman as adviser for Boston Dynamics acquisition

Hyundai Motor Co. has hired Goldman Sachs Group Inc. as its adviser in its attempt to acquire Boston Dynamics Inc., signaling the seriousness of the S...

Hyundai Motor to install Nvidia’s in-vehicle system in entire fleet from 2022

Hyundai Motor Group will use US chipmaker Nvidia Corp.’s in-vehicle information and entertainment system for its entire fleet of Hyundai Motor C...

Construction workers' fund targets stable-income alternatives

South Korea’s Construction Workers Mutual Aid Association is chasing government-sponsored infrastructure and public private partnership (PPP) pr...

Hyundai Motor may buy Boston Dynamics to bolster robotics business

Hyundai Motor Co. may acquire Boston Dynamics Inc., a US-based robotics company, from Japan’s SoftBank Group Corp. in a deal worth as much as $1...

Hyundai Motor to unveil unmanned cargo aircraft in 2026

Hyundai Motor Co. plans to unveil unmanned cargo aircraft in 2026 as the South Korean automaker aims to enhance its foothold in the future mobility ma...

Hyundai seeks cut in $1.9 bn Daewoo Shipbuilding deal price

Hyundai Heavy Industries Holdings Co. is seeking to cut the 2.1 trillion won ($1.9 billion) acquisition price for a majority stake in South Korean riv...

Hyundai Motor eyes entry into China’s hydrogen truck market, signs MOU

Hyundai Motor Co. has signed two initial agreements with several Chinese companies toward establishing business platforms for hydrogen trucks in China...

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...

Hyundai’s ex-design chief Donckerwolke named chief creative officer

Hyundai Motor Co. has appointed former design chief Luc Donckerwolke as the automaking group’s chief creative officer, a new post created as par...

Hyundai Heavy affiliate wins $375 mn order for 2 LNG carriers

Korea Shipbuilding & Offshore Engineering Co., a shipbuilding arm of Hyundai Heavy Industries Group, has won a 425 billion won ($375 million) orde...

Hyundai’s five-year journey to build a luxury car brand

At Hyundai Motor Co.'s brand launch event held on Nov. 4, 2015, someone made an unexpected appearance on the stage, surprising the crowd. It was curre...

Brokerage firms at odds on Hyundai Glovis outlook

Brokerage firms are showing sharp divide in the share price outlook of Hyundai Glovis Co., a logistics unit of the Hyundai Automotive Group. The optim...

Hyundai Motor reports Q3 loss on $2 bn provisioning

Hyundai Motor Co. turned to an operating loss in the third quarter, after it booked 2.1 trillion won ($1.9 billion) as one-off charges related to its ...

Hyundai Robotics, KFC team up to make chicken-frying robot chefs

Hyundai Robotics Co. and global fried chicken franchise KFC have agreed to jointly develop automated chicken-frying robots as the South Korean industr...

KKR mulls investment in Hyundai Heavy's maintenance arm

South Korea's leading shipbuilder Hyundai Heavy Industries Holdings Co. is in talks with global private equity firm KKR to secure investments as part ...

GS E&C challenges Hyundai Heavy in Doosan deal

GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...

Hydrogen tank supplier to Hyundai prepares for 2021 IPO

Iljin Composites Corp., the only South Korean manufacturer of composite fuel tanks, is set to mandate Mirae Asset Daewoo Co. and Samsung Securities Co...

Hyundai Gloivis, Mobis shares jump on ownership revamp hopes

Two Hyundai Motor Group arms – Hyundai Glovis Co. and Hyundai Mobis Co. – saw their shares rocket Oct. 20 on growing market talk of a poss...

Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling

The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used electric-vehicle batte...

Hyundai, Kia to reflect $2.94 bn quality costs in Q3 results

Hyundai Motor Co. and affiliate Kia Motors Corp. said on Oct. 19 that a combined 3.36 trillion won ($2.94 billion) in quality-related costs will be re...

Hyundai’s hydrogen push gains steam under new leadership

Hyundai Motor Co. is taking the lead in the South Korean government drive to push the hydrogen economy as one of the country’s new growth engine...

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...