The Korea Times - Home

Site Map PDF Subscription Register LogIn
Site Map PDF Subscription Register LogIn

Tue, November 20, 2018 | 05:54

Biz & Tech > Automotive >

Hyundai Motor emerging as motor sports powerhouse

Hyundai Motor's racing cars led drivers to take the top spot in the first World Touring Car Cup (WTCR) and to be the runner-up in the 2018 World Rally Championship, the company said Monday.

Automotive | 2018-11-19 16:48

'Elliott's share buyback demand unrealistic'

U.S. hedge fund Elliott Management's latest call for Hyundai Motor Group to buy back shares of its affiliates is highly unlikely to have any effect, analysts here said Wednesday.

Automotive | 2018-11-14 16:51

In another push, Elliott calls on Hyundai to boost returns, review assets

SK Innovation mulls building car battery plants in US, Europe

SK Innovation Co., a South Korean energy-to-construction conglomerate, said Wednesday that it is considering building electric vehicle battery plants in the United States and Europe to meet growing demand for zero-emissions cars. SK Innovation said up to four unidentified areas have been shortlisted for its first plant in the U.S. and said it is also reviewing sites for a new...

Automotive | 2018-11-14 15:33

In another push, Elliott calls on Hyundai to boost returns, review assets

U.S. hedge fund Elliott on Tuesday renewed pressure on South Korea's Hyundai Motor Group, urging it to return $10.6 billion of capital to shareholders and consider selling non-core assets, including costly land it bought in Seoul for new headquarters. The call came after Hyundai Motor posted a sharp drop in third-quarter earnings in late October, hitting its shares and dashin...

Automotive | 2018-11-14 09:56

'Elliott's share buyback demand unrealistic'

Hyundai, Vodafone to start connected car service in Europe

Hyundai Motor and Kia Motors will team up with Europe's largest telecom firm Vodafone to establish connected car services in 32 European nations, the carmakers said Tuesday.

Automotive | 2018-11-13 17:07

Hyundai Motor leads way to hydrogen economy

Hyundai Motor Group has named hydrogen energy as a key to global sustainable growth, the automotive group said Sunday.

Automotive | 2018-11-11 16:17

Hyundai, Kia to invest $250 million in Grab

Hyundai Motor and Kia Motors will invest the combined $250 million in Grab, a major car-hailing service provider in Southeast Asia, to help boost the sales of their electric vehicles (EVs) in the rapidly growing region.

Automotive | 2018-11-07 17:02

Mercedes-Benz Korea expands R&D center

Mercedes-Benz Korea opened its expanded R&D center in Seoul, Wednesday.

Automotive | 2018-11-07 17:02

Renault Samsung CEO pursues sustainable growth

Renault Samsung Motors has been mapping out innovative strategies to overcome harsh times and improve its sales inside and outside the country under the leadership of its CEO Dominique Signora.

Automotive | 2018-11-06 18:12

Elliott suffers $200 million loss in Hyundai Motor investment

Elliott Management Corporation is estimated to have lost up to 220 billion won ($195 million) from its equity investments in Hyundai Motor Group, due to the steep decline in shares of the automotive group's affiliates over the past three months, industry analysts said Tuesday.

Automotive | 2018-11-06 17:02

1 2 3 4 5 6 7 8 9 10

CA wildfires: Number of missing persons skyrockets