Hyundai Motor, Kia Corp sign agreement with China’s Baidu on connected car technology SEOUL: Hyundai Motor and Kia Corp on Sunday said the companies have signed a memorandum of understanding (MOU) with... Published 28 Apr, 2024 02:03pm
Business & Finance Hyundai Motor doubles down on EVs as it ramps up investment in Korea NEW YORK/SEOUL: Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three years... Published 29 Mar, 2024 04:44am
Business & Finance Hyundai Motor Group to invest 68 trillion won over 3 years SEOUL: South Korea’s Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three... Published 27 Mar, 2024 11:18am
Business & Finance Hyundai, Kia to recall US vehicles over damaged charging unit, NHTSA says Hyundai Motor America and Kia America are recalling a combined 147,100 US vehicles over a damaged charging unit, the... Published 21 Mar, 2024 03:19pm
Business & Finance Hyundai Motor’s Q4 net profit rises 31%, misses forecasts SEOUL: South Korea’s Hyundai Motor Co on Thursday reported a 31% rise in fourth-quarter profit that missed analyst... Published 25 Jan, 2024 11:17am
Business & Finance Hyundai Motor’s India arm to invest $722mn in Maharashtra BENGALURU: Hyundai Motor’s Indian unit on Friday said it would invest 60 billion rupees ($721.73 million) in the... Published 19 Jan, 2024 12:42pm
Business & Finance Hyundai Motor to sell Russia plant for token sum, taking $219mn hit SEOUL: South Korean automaker Hyundai Motor plans to sell its plant in Russia for a token 7,000 roubles ($77.67), a... Published 19 Dec, 2023 01:30pm
Business & Finance Hyundai unveils its first high-performance electric car Hyundai Motor unveiled its first high-performance electric vehicle(EV), an N sport variant of its IONIQ 5 crossover... Published 16 Nov, 2023 10:15am
Technology Hyundai Motor breaks ground on $1.5bn EV plant in South Korea Hyundai Motor Co on Monday broke ground on a 2 trillion won ($1.52 billion) dedicated electric vehicle (EV) plant in... Published 13 Nov, 2023 10:07am
Business & Finance Hyundai Motor’s unit to buy General Motors’ India plant BENGALURU: Hyundai Motor Co’s Indian unit will buy automaker General Motors’ Talegaon plant in the western state of... Published 17 Aug, 2023 03:49am
World India’s aerospace suppliers see upside in parts-making from record jet orders PARIS/DELHI: Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic... Published 28 Jun, 2023 11:10am
Technology Hyundai raises EV investment to $28bn, to reduce China operations SEOUL: Hyundai Motor will raise average annual investment in electrification by nearly two thirds to $28 billion in... Published 20 Jun, 2023 03:22pm
Business & Finance Hyundai Motor lines up to buy General Motors’ India plant NEW DELHI: Hyundai Motor Co said on Monday it has agreed to a potential acquisition of General Motors’ plant in... Published 13 Mar, 2023 06:21pm
Business & Finance Hyundai lays off staff after idling Russian plant since March MOSCOW: South Korea’s Hyundai Motor Co, formerly one of Russia’s biggest car makers, has begun laying off workers at... Published 19 Dec, 2022 09:57pm
Business & Finance Hyundai Motor lifts annual revenue, margin outlook despite weak Q3 SEOUL: South Korea’s Hyundai Motor Co raised its full-year revenue and profit margin guidance on Monday, betting on... Published 24 Oct, 2022 11:26am
Business & Finance Kia shares edge up in choppy trade after booking extra $1.1bn provision SEOUL: Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on... Published 19 Oct, 2022 10:45am
Technology Xiaomi in talks with BAIC to produce electric cars Smartphone maker Xiaomi Corp is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co... Published 26 Aug, 2022 01:54pm
Business & Finance After KIA, Hyundai massively increases Tucson prices After Lucky Motor Corp increased prices of its KIA-brand vehicles, Hyundai Nishat Motors also jacked up the rates of... Published 22 Jul, 2022 12:47pm
Business & Finance Global manufacturers see chip shortage easing ZURICH/STOCKHOLM: Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the... Published 21 Jul, 2022 06:24pm
Business & Finance Hyundai Motor launches first electric sedan, taking on Tesla SEOUL: Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is... Updated 14 Jul, 2022 01:50pm
Business & Finance Hyundai Motor’s union in South Korea vote on first strike in four years SEOUL: Hyundai Motor Co’s unionised workers in South Korea vote on Friday to decide whether to go on a strike for... Published 01 Jul, 2022 07:10pm
Business & Finance Hyundai plans US EV plant, in talks with Georgia SEOUL/DETROIT: Hyundai Motor Co plans to announce a new electric-vehicle manufacturing plant in the United States... Published 09 May, 2022 02:09pm
Business & Finance Hyundai Motor Q1 profit surges on favourable currency rates SEOUL: Hyundai Motor Co on Monday posted a 19% rise in first-quarter profit as favourable exchange rates offset a... Published 25 Apr, 2022 11:58am
Markets Iveco, Hyundai Motor to explore collaboration on vehicle tech, supply MILAN: Italian truck, bus and engine maker Iveco group said on Monday it had signed a preliminary deal with South... Published 07 Mar, 2022 05:31pm
Technology Tesla changes South Korea ads after antitrust probe faulted batteries SEOUL: Tesla Inc changed an advertisement about the driving range for its Model 3 in South Korea after an antitrust... Published 18 Feb, 2022 10:16am
Markets Ford, Suzuki to get incentives under India’s $3.5bn clean fuel scheme NEW DELHI: Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for... Published 12 Feb, 2022 05:09am
World Toyota, Domino's apologise over tweets as India uproar entangles more companies NEW DELHI: Global automaker Toyota Motor and fast food chain Domino's Pizza are among half a dozen companies that... Published 09 Feb, 2022 07:03pm
Business & Finance India summons South Korea envoy over Hyundai's tweet NEW DELHI: India summoned South Korea's ambassador to express displeasure over a social media post by a Pakistani... Published 08 Feb, 2022 04:15pm
World Hyundai suffers backlash in India after Pakistani partner tweets on IIOJK The row erupted after Nishat Group, Hyundai's partner in Pakistan, commemorated sacrifices on Kashmir Solidarity Day Published 07 Feb, 2022 05:02pm
Business & Finance Hyundai Motor aims to develop chips, cut reliance on chipmakers SAN FRANCISCO: Hyundai Motor's global operating officer said on Wednesday the automaker wants to develop its own... Published 14 Oct, 2021 12:01am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees