New Sonata variant debuts at Seoul Motor Show
Hyundai Motor took the wraps off the all-new Sonata 1.6 Turbo in Seoul Motor Show, which started its 10-day run with great fanfare at Kintex on March 29.
Korea’s leading automaker said that...
SUV garners recognition for design excellence
Hyundai Motor said on March 25 that the Palisade, the Seoul-based automaker’s latest sports utility vehicle (SUV), won a category award for exceptional design at the Red Dot Award.
Hyundai said that its flagship eight-seater...
Elliott defeated in all agendas
Shareholders of Hyundai Motor and Hyundai Mobis underpinned the two firms’ management in a proxy standoff between Hyundai and U.S. hedge fund Elliott Management.
Elliott has asked the two Seoul-based automotive companies to dole out $6.3...
US hedge fund stays calm ahead of shareholders' meetings
Elliott Management has pressed Hyundai Motor and its affiliate Hyundai Mobis to pay $6.3 billion in payments and appoint five outside directors nominated by the U.S. hedge fund.
Ahead of the March...
Can Korean automakers defend annual championships?
Hyundai Motorsport customer team strives to win out in the 2019 World Touring Car Cup (WTCR), which will start its test run in Barcelona next week, just as it did last year.
On March 18,...
Foreign pension funds back Hyundai over Elliott
Five foreign pension funds sided with Hyundai Motor over hedge fund Elliott Management ahead of the two sides’ proxy war at the shareholders’ meeting slated for March 22.
According to the Korea Corporate Governance...
U.S. hedge fund Elliott Management is revving up a public relations drive by frequently coming up with press releases ahead of a proxy war at shareholders’ meetings of Hyundai Motor and Hyundai Mobis slated for March 22.
In its latest...
The world’s biggest proxy firm sided with Hyundai Motor over Elliott Management in the two players’ disputes about dividend payments, which will be decided at the shareholders’ meeting on March 22.
On March 12, the International Shareholder Services (ISS) recommended...
The Hyundai Ioniq Electric gets full marks in terms of emissions and energy efficiency according to Green NCAP on March 6, 2019.
Green NCAP refers to an independent initiative in Europe designed to promote the development of cars, which are...
Elliott publicly pitches five director nominees for Hyundai
Hedge fund Elliott Management is continuing to press Hyundai Motor and Hyundai Mobis to accept its proposals ahead of a shareholders meeting slated for March 22.
On March 7, Elliott posted videos to...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
