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Tag: hyundai motor
Hyundai Motor targets 5 percent U.S. sales growth this year
2015-03-24 09:49:31| Automakers - Topix.net
South Korea's Hyundai Motor aims to boost its U.S. sales by 4.7 percent this year, ahead of the industry's projected growth rate, despite a consumer shift to SUVs and pick-up trucks. Sales of Hyundai's mainstay sedans, the Elantra and Sonata, have slowed in the United States as consumers take advantage of lower fuel prices to switch to less fuel-efficient larger vehicles, strongholds of U.S. and Japanese firms.
Hyundai Motor mulls producing pick-up trucks: executive
2015-03-17 05:31:21| Automakers - Topix.net
Hyundai Motor Co is considering producing pick-up trucks, an executive told reporters on Tuesday, saying its Santa Cruz crossover truck concept got "good response" at the Detroit auto show in January.
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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 Motor fourth quarter profit tumbles 19 percent
2015-01-22 08:04:27| Automakers - Topix.net
South Korea's Hyundai Motor Co on Thursday reported a fourth straight quarterly profit decline, pulled down by a plunge in the Russian ruble and increased buying incentives in the United States. The result is likely to fuel discontent among investors, who expect the automaker to raise its year-end dividend later in the day to appease those dismayed by slowing growth and involvement in a $10 billion property purchase.
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Hyundai Motor America Continues Commitment to Diversity During 2015...
2015-01-17 06:00:59| Automakers - Topix.net
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