Search result for HYUNDAI
UK UNIT OF HYUNDAI ORDERED TO TAKE DOWN ADVERTISEMENT FOR FUEL CELL CARS
Highlights:
- Hyundai Motor Co.’s UK unit is orders for taking down the ad for its fuel cell cars over the inflated claims
- Hyundai said, its claim had been based on the car having an on-board air-purification system
The United Ki...
SOUTH KOREA TO OPEN MASSIVE METAVERSE PORTAL
Highlights:
- South Korea has launched an alliance between 17 country’s leaders to be a major player in the metaverse trend.
- The initiative is believed to be worthwhile as it is believed that metaverse will be the next step in the evolution ...
S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL
Highlights –
- S. Korea’s automobile exports rose to 53% in April.
- In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
- Hyundai Motor Co. saw its exports jump 40.3 percent in April.
- SsangY...
CHIP SHORTAGE LEADS HYUNDAI & KIA TO SUSPEND FEW ASSEMBLY LINES
Highlights –
- Chip shortage leads Hyundai & KIA to suspend few assembly lines.
- Hyundai Motor said that it will halt the No. 5 Ulsan plant that produces Tuscon and Nexo.
- KIA will suspend the No. 2 Sohari plant that makes Stonic.
S. KOREAN CARMAKERS SAW A JUMP IN SALES BY 77% IN APRIL
Highlights –
- S. Korean carmakers saw a jump in sales by 77% in April.
- The five carmakers sold a combined 630,691 vehicles in April.
- Hyundai reported its sales to double to 345,777 units from 167,693 a year ago.
- Kia's sa...
VARIOUS CAR LAUNCHES POSTPONED IN INDIA DUE TO INCREASING COVID-19 CASES
HIGHLIGHTS
- India is an important market for automobiles.
- Due to surge in COVID-19 cases, the India launch of various cars has got postponed.
The second wave of COVID-19 pandemic in India has left many carmakers with no choice but pos...
S. KOREAN STOCKS END LOW OVER LIFTING OF BAN ON SHORT SELLING
Highlights –
- S. Korean stocks end low over lifting of ban on short selling.
- The benchmark Korea Composite Stock Price Index (KOSPI) fell 26.21 points, or 0.83 percent.
- Samsung Electronics stocks fell 0.24 percent to 81,500 won. ...
S. KOREAN STOCKS END UP OVER INVESTORS BUYING LOCAL STOCKS
Highlights –
- S. Korean stocks end up over investors buying local stocks.
- KOSPI stocks rose 8.58 points, or 0.27 percent.
- Samsung Electronics stocks added 0.49 percent to 828,000 won.
- Naver stocks fell 0.66 percent to 378,00...
HYUNDAI MOTOR’S NET PROFIT FOR Q1 ROSE TO $1.36 BILLION
Highlights –
- Hyundai Motor’s net profit for Q1 rose to $1.36 billion.
- The result is said to have exceeded the median forecast of 1.32 trillion won.
- Hyundai plans to focus on promoting the IONIQ 5 all-electric model.
- I...
S. KOREAN STOCKS END UP ON THURSDAY ON OVERSOLD STOCKS
Highlights –
- S. Korean stocks end up on Thursday on oversold stocks.
- KOSPI rose 5.86 points, or 0.18 percent.
- Samsung Electronics retreated 0.24 percent to 82,400 won.
- SK Hynix stocks climbed 0.38 percent to 133,000 won.
S. KOREAN STOCKS END UP ON MONDAY OVER KOSPI RISE
Highlights –
- S. Korean stocks end up on Monday over KOSPI rise.
- KOSPI rose 0.22 points, or 0.01 percent.
- Samsung Electronics stocks retreated 0.72 percent to 83,300 won.
- Samsung Biologics stocks fell 0.12 percent.
S. KOREAN STOCKS END UP; KOSPI ACHIEVE 3,200 POINT MARK
Highlights –
- S. Korean stocks end up; KOSPI achieve 3,200 point mark.
- KOSPI rose 4.29 points, or 0.13 percent.
- Samsung Electronics stocks lost 0.24 percent to 83,900 won.
- SK Hynix stocks ended at 137,500 won.
HYUNDAI, KIA ESTIMATES COMBINED Q1 NET PROFIT TO RISE
Highlights –
- Hyundai, KIA estimates combined Q1 net profit to rise.
- The two carmakers estimate solid earnings over robust sales of SUV and high-end models.
- Hyundai expects a net profit of US$1.18 billion in the first quarter. <...
S. KOREAN STOCKS ROSE ON HOPES OF BETTER EARNINGS
Highlights –
- S. Korean stocks rose on hopes of better earnings.
- The KOSPI rose 33.49 points, or 1.07 percent.
- Samsung Electronics stocks rose 0.96% to 84,000 won.
- Naver stocks rose 0.78% to 388,500 won.
In...
KIA CORP. LAUNCHES NEW K8 SEDAN IN SOUTH KOREA
Highlights –
- Kia Corp. launches new K8 sedan in South Korea.
- The car company also showed its new brand logo.
- The new K8 sedan is said to be equipped with advanced safety features.
- The company is said to have received 24,000...
S. KOREAN STOCKS FELL OVER INCREASED VALUE OF U.S CURRENCY
Highlights –
- S. Korean stocks fell over increased value of U.S currency.
- KOSPI fell 8.58 points, or at 0.28 percent.
- Samsung Electronics stocks lost 0.97 percent.
- Naver stocks gained 0.13 percent.
Due to i...
HYUNDAI TO ESTABLISH HIGH-SPEED CHARGING EV CHARGING STATIONS
Highlights –
- Hyundai to establish high-speed charging EV charging stations.
- The charging infrastructure will be under the name of “E-pit”.
- The charging stations will be able to charge 80% of their EV battery capacity in 18...
S. KOREA’S EXPORTS OF AUTOMOBILES INCREASE BY 35 PERCENT IN FEBRUARY
Highlights –
- S. Korea’s exports of automobiles increase by 35 percent in February.
- In February, outbound shipments of automobiles were 161,886 units.
- Hyundai saw overseas sales increase by 40.4 percent in terms of units. ...
S. KOREA’S GLOBAL SHIPBUILDING ORDERS RISE IN FEBRUARY
Highlights –
- S. Korea’s global shipbuilding orders rise in February.
- HHIC won new orders of 43 ships or 1.56 million compensated gross tons (CGTs).
- S. Korea bagged orders for 7 very large crude carriers, five A-Max oil tankers, ...
HYUNDAI BECOME FIRST COMPANY TO REGISTER HYDROGEN-POWERED CARS IN AUSTRALIA
Highlights:
- The company Hyundai becomes the first company to register a fleet of hydrogen cars in Australia
- The company Hyundai and Toyota are on the brink of introducing a fleet of hydrogen cars in the country
The race for a hydroge...