Hyundai Motor Group car sales
Scope
Date
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Energy
Hyundai Asset to enter offshore wind power market
South Korea's Hyundai Asset Management Co. announced on Monday that it signed a business agreement with Cyan Renewables, a Singapore-based specialis...
May 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai beats Volkswagen with world's 2nd-largest Q1 profits
South Korea's Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automotive industry for the ...
May 13, 2024 (Gmt+09:00)
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Electronics
Samsung hits highest US smartphone market share in 4 years
Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI phone the Galaxy S24...
May 10, 2024 (Gmt+09:00)
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Entertainment
Netmarble sells stake in BTS label HYBE for $161 mn
South Korean game developer Netmarble Corp. is selling a stake in HYBE Co., the label behind global K-pop sensation BTS, for 219.9 billion won ($161...
May 10, 2024 (Gmt+09:00)
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Future mobility
Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs
Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...
May 09, 2024 (Gmt+09:00)
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Travel & Leisure
Chinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...
May 09, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai unveils USV Tenebris in US
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Thursday that it exhibited the model of its reconnaissance unma...
May 09, 2024 (Gmt+09:00)
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IPOs
HD Hyundai Marine Solution stock price doubles on Kospi debut
HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...
May 08, 2024 (Gmt+09:00)
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Fashion
Native Korean fast-fashion brands poised to snatch market
South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...
May 08, 2024 (Gmt+09:00)
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Earnings
Korea Investment sees record quarterly net profit
Korea Investment & Securities Co. enjoyed a record quarterly net profit on the course to become the country's most profitable brokerage house ...
May 08, 2024 (Gmt+09:00)
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Automobiles
Genesis beats BMW to rival Mercedes in Korea's premium segment
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...
May 07, 2024 (Gmt+09:00)
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Markets
Korea to fine Credit Suisse, Nomura $40 mn on short sales
South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bil...
May 07, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix, Samsung set to benefit from explosive HBM sales growth
Sales of high-bandwidth memory (HBM), the red-hot DRAM product essential to artificial intelligence devices, will significantly grow in the coming y...
May 07, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai set for revamped hydrogen-powered NEXO launch in Q2 2025
South Korea’s top automaker Hyundai Motor Co. plans to introduce a next-generation model of its hydrogen fuel cell electric vehicle (FCEV) NEX...
May 06, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, ABS to set standards for e-propulsion ships
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) and HD Hyundai Heavy Industries Co., partnered with the American Bureau...
May 03, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai to expand US hydrogen truck business with California nonprofit
Hyundai Motor Co., South Korea’s top automaker, is gearing up its hydrogen truck business in the US by teaming up with a California nonprofit ...
May 03, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group has most IIHS ROP top safety pick cars
Hyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash t...
May 03, 2024 (Gmt+09:00)
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Upcoming IPOs
Overhang concerns loom over HD Hyundai Marine IPO shares
Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...
May 03, 2024 (Gmt+09:00)
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Future mobility
Hyundai to invest $923 million on self-driving JV Motional
Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...
May 03, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia US car sales dip in April; EVs outperform
Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...
May 02, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem closer to supplying armored vehicles to Peru
Hyundai Rotem Co., a South Korean defense equipment and locomotive maker, has moved a step closer to exporting its wheeled armored vehicles, core to...
May 02, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to supply ultra-low sulfur diesel to Guam
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, announced on Wednesday that it secured a contract to supply 7.2 million ...
May 02, 2024 (Gmt+09:00)
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Corporate restructuring
Taeyoung E&C kickstarts debt workout with loan sale to IGIS
Creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) gave the go-ahead to a debt workout program for the cash-strapped South ...
May 01, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung shifts gears to focus on HBM, server memory chips
South Korean tech giant Samsung Electronics Co. said on Tuesday it will adjust its memory chip product mix to increase the output of advanced memory...
Apr 30, 2024 (Gmt+09:00)
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Artificial intelligence
Vuno, Canon to target AI diagnostic market in Japan
South Korea's medical device startup Vuno announced on Monday that its Japanese partner M3AI signed a memorandum of understanding (MOU) with Canon M...
Apr 30, 2024 (Gmt+09:00)
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Bio & Pharma
Korean botox sales gain momentum in US, China
South Korea is ramping up exports of botulinum toxin to the US and China, the world’s two top consumers of the neurotoxin protein, with its pr...
Apr 29, 2024 (Gmt+09:00)
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Energy
Malaysia, OCI’s base set to beat Chinese polysilicon rivals
SARAWAK, Malaysia – OCI Group, South Korea’s leading chemical and green energy conglomerate, is expanding its polysilicon facility in Ma...
Apr 29, 2024 (Gmt+09:00)
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IPOs
HD Hyundai Marine IPO sees strong demand from retail investors
South Korea’s HD Hyundai Marine Solution Co. has attracted billions of dollars from retail investors in subscription deposits for the ship mai...
Apr 26, 2024 (Gmt+09:00)
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Earnings
Kia logs record profit, revenue in Q1 on weak won
Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...
Apr 26, 2024 (Gmt+09:00)
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Automobiles
Genesis unveils GV70 facelift ahead of Korean debut in May
Hyundai Motor Co.'s premium brand Genesis on Friday unveiled the GV70 facelift as the leading South Korean automaker plans to launch the luxury mids...
Apr 26, 2024 (Gmt+09:00)
Latest News
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- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul