date 04/04/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. 60.8 percent (-9.4 percent) of new cars were registered… Continue reading Press Release No. 08/2018 – Vehicle registrations in March
2018
Tag: Hyundai
March 2018 Sales Result
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : March 2018 Sales Results 1. Sales Results: *Monthly sales Category (units) March 2018 February 2018 MoM % Change March 2017 YoY % Change Sales Unit Domestic 67,577 50,200 34.6 63,765 6.0 Overseas 329,464 262,068 25.7 326,838 0.8 Total 397,041 312,268 27.1 390,603 1.6… Continue reading March 2018 Sales Result
(2nd LD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
(ATTN: ADDS details throughout) SEOUL, April 4 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by the group. The… Continue reading (2nd LD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
(LEAD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
(ATTN: ADDS Hyundai’s response in 4th para) SEOUL, April 4 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by… Continue reading (LEAD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
Hyundai Motor America Reports March 2018 Sales
FOUNTAIN VALLEY, Calif., April 3, 2018 /PRNewswire/ — Hyundai Motor America reported March sales of Hyundai- and Genesis-branded vehicles of 61,540 units, an 11 percent decline in comparison with March 2017. Sales were paced by the best SUV sales month in company history, cracking 25,000 units for the first time and up 25 percent over… Continue reading Hyundai Motor America Reports March 2018 Sales
Kia Motors America Announces March Sales
IRVINE, Calif., April 3, 2018 /PRNewswire/ — Kia Motors America today announced March sales of 50,645 vehicles, a 2.5-percent increase over the same period last year. The month was highlighted by best-ever March sales of the Sportage CUV, which were up more than 41-percent over the same period last year. In addition, four other Kia models… Continue reading Kia Motors America Announces March Sales
Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.’s self-driving car unit is drawing distinctions between his company’s technology and Tesla Inc.’s Autopilot. Wei Huang, 38, died March 23 when his sport utility vehicle using the driver-assistance system Autopilot collided with a highway barrier in Mountain… Continue reading Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will have 500 units of the Niro plug-in hybrid
Posted 03/04/2018 11: 43: 40CET MADRID, 3 Apr (EUROPA PRESS) – WiBLE, the new car sharing company of Kia and Repsol that will operate in Madrid, will have a fleet of 500 units of the Niro plug-in hybrid, a crossover with more than 50 kilometers of electric autonomy, the company said in a statement. The… Continue reading WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will have 500 units of the Niro plug-in hybrid
Startup Aurora discontinues Hosein by SpaceX
The startup Aurora, founded by Google people, reaches for SpaceX people. Aurora had recently found large cooperation partners: VW, Byton and Hyundai, Now you have on personal carousel turned. The former SpaceX Employee Jinnah Hosein will work for Aurora in the future. He was also for Google active, like the boss of Aurora Chris Urmson,… Continue reading Startup Aurora discontinues Hosein by SpaceX
UPDATE 2-GM Korea’s March sales dive; seeks to halt one shift at Bupyeong plant
SEOUL (Reuters) – General Motors Co’s South Korean unit has proposed suspending one of two shifts at a plant near Seoul, an internal union newsletter seen by Reuters showed, increasing uncertainty about the fate of the factory as the U.S. automaker grapples with slumping sales. Vehicles are assembled at an assembly line of GM Korea’s… Continue reading UPDATE 2-GM Korea’s March sales dive; seeks to halt one shift at Bupyeong plant