The car company Kia sold 205,126 vehicles worldwide in January, which was an increase of 5.2% over the same month of 2017, according to the company in a statement.
Tag: Hyundai
Kia’s January sales rise 5.2 pct, bolstered by new models
SEOUL, Feb. 1 (Yonhap) — Kia Motors Corp. said Thursday its vehicle sales rose 5.2 percent in January from a year earlier on sales of new models. The country’s second-largest carmaker by sales sold 205,126 vehicles last month, up from 194,898 uni
Hyundai Motor’s Jan sales fall 1.1 pct on weak overseas sales
SEOUL, Feb. 1 (Yonhap) — Hyundai Motor Co. said Thursday its January sales fell 1.1 percent from a year earlier as overseas demand remained weak. The country’s biggest carmaker sold 334,217 vehicles in January, down from 338,948 units a year earl
Hyundai Motor unveils first rendering of the Santa Fe
Hyundai Motor unveiled its first rendering of the upcoming New Generation Santa Fe, showcasing a luxurious and striking design.
Gestamp signs a Joint Venture agreement with BHAP (BAIC Group) in China
1.25.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, reinforces its presence in China by signing a strategic Joint Venture (JV) Agreement. Gestamp has signed a JV Agreement with Beijing Hainachuan Automotive Parts Co. Ltd. (BHAP), a Chinese company specialized in auto components,… Continue reading Gestamp signs a Joint Venture agreement with BHAP (BAIC Group) in China
Hyundai Mobis 2017 net plunges 48 pct on strong won
SEOUL, Jan. 25 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday its net profit plunged 48 percent last year on a strong won and decreased sales in China. For all of 2017, net profit fell to 1.579 trillion won (US$1.5 billion) from 3.047 trillion won a year earlier, the company… Continue reading Hyundai Mobis 2017 net plunges 48 pct on strong won
Hyundai Motor posts 3% gain in quarterly profit
This was the first gain in quarterly profit in four years, analysts had been expecting it given a low base for comparison from a year ago. SEOUL: Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and… Continue reading Hyundai Motor posts 3% gain in quarterly profit
Gestamp agrees with BHAP to form a joint venture in China
Posted 1/25/2018 11:37:05 PM MADRID, Jan. 25 (EUROPA PRESS) – The Spanish manufacturer of components for automobiles Gestamp has reached an agreement for the formation of a ‘joint venture’ in China with the local company Beijing Hainachuan Automotive Parts (BHAP), subsidiary of automotive components of the Beijing Automotive Industry Group (BAIC). According to the company… Continue reading Gestamp agrees with BHAP to form a joint venture in China
Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won
Hyundai Motor Co.’s earnings fell short of estimates after worker strikes in South Korea hurt output and a stronger won weakened its competitiveness amid tepid demand in the U.S. and China. Fourth-quarter operating profit fell to 775 billion won ($731 million), the Seoul, South Korea-based company said in a statement Thursday. That compares with the… Continue reading Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won
Hyundai Motor’s profits tumble as China sales slashed
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