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Hyundai Motor family raises US$1.1b with stake sale

2015-02-06 15:32:33| Automakers - Topix.net

The patriarch of South Korea's Hyundai Motor group and his heir-apparent have raised $1.1 billion selling their stakes in its logistics arm, officials said Friday. A man in Seoul walks past a branch of Hyundai Motor, whose chairman and vice chairman raised US$1.1 billion by selling their stakes in the company's logistics arm.

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Hyundai Glovis inks $100 mln Qatari shipping deal

2015-02-06 05:23:37| Logistics - Topix.net

Hyundai Glovis Co., the logistics unit under auto conglomerate Hyundai Motor Group, said Friday it has clinched a $100 million shipping service contract with a building materials firm in Qatar. The agreement signed with state-run Qatar Primary Materials Co.

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Hyundai Cuts Price Of Fuel Cell Car, Eyes Competition With Toyota

2015-02-02 08:32:40| Automakers - Topix.net

Hyundai Motor Co said it will lower the price of its Tucson fuel cell electric vehicle by 43 percent in South Korea and consider cutting prices of the car overseas to compete with models from the likes of Toyota Motor Corp. The South Korean automaker - the world's fifth-biggest when paired with sister Kia Motors Corp - hopes to popularize fuel cell cars in its home market by cutting the price of the Tucson ix to 85 million won . In developing more environmentally friendly technology, Hyundai has long trumpeted fuel cell electric vehicles over battery-powered alternatives, but the high price tag and a lack of refueling stations have been roadblocks to adoption.

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Hyundai Genesis Luxury Sedan 5.0L V8 Can Improve Performance with K&N Air Filters

2015-01-28 20:50:39| K&N Engineering, Inc. Air Filter, Air Intake, and other Product News

Pair of K&N high-flow replacement air filters for the luxurious & powerful Hyundai Genesis Sedan 5.0L Tau GDI V8 can increase airflow and extend air filter service intervals for less maintenance.

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Hyundai profit at lowest since 2010

2015-01-22 08:58:59| BBC News | Business | UK Edition

South Korean automaker Hyundai reports a 15% in annual profits

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