Korean automaker chalks up $2.8 billion in profit
South Korea’s Hyundai Motor announced Thursday that it had chalked up $2.8 billion in operating income during the third quarter of 2023, up 146.3 percent from a year before.
The sales of the...
Hyundai’s premium brand faring well globally
Hyundai Motor said on Oct. 13 that two vehicles of its premium brand Genesis got the highest safety rating from the Insurance Institute for Highway Safety (IIHS) in the United States.
Hyundai said that its...
Korean automaker reduces presence in China
Hyundai Motor’s Asian business focus appears to move from China to India as the South Korea's leading automaker is selling off its facilities in the former country.
Hyundai Motor said on Aug. 23 that the...
Hyundai E&C will take charge of Boryspil International Airport
South Korea’s Hyundai E&C said on July 17 that the contractor had signed an agreement with Boryspil International Airport Corporation to join the European country’s postwar reconstruction project.
Under the contract, the...
Korean automaker cruising well in the world’s No. 2 market
South Korea’s Hyundai Motor chalked up record sales in the United States during the first half of this year, nudging past Stellantis to rank No. 4 in the market.
The Seoul-based...
Korean contractor winning mega-sized project in Middle East
South Korea’s Hyundai Engineering & Construction (E&C) said on June 25 that it had inked $5 billion construction contracts with Saudi Arabia’s state-run oil company Aramco.
Under the deal, South Korea’s largest contractor...
Korea’s leading automaker marks the country’s first independently developed car
South Korea's Hyundai Motor announced on June 8 that its first heritage exhibition ‘PONY, the timeless’ would start the next day at Hyundai Motorstudio Seoul.
The exhibition is presented as part...
Korean automaker beats Samsung Electronics
South Korea’s leading automaker Hyundai Motor announced on April 25 that it had racked up a record quarterly profit during the first three months of this year.
The Seoul-based company logged $ 28.2 billion in first-quarter...
Seoul Mobility Show will bring new models
South Korean automaker Kia plans to unveil its large-sized electric vehicle EV9 late this month during the Seoul Mobility Show, according to the fair’s organization committee on March 16.
The 11-day exhibition, which will...
Korean automotive firms cruised well last year
South Korea's representative automotive corporations chalked up record sales last year as they succeeded in expanding their market share across the globe.
Hyundai Mobis, the country’s largest auto part manufacturer, announced Friday that its...
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