Tag: Hyundai

South Korean carmaker: Hyundai misses again sales target – share on the decline

Hyundai Santa Fe of Hyundai: The hope-bringer in the USA The South Korean automobile group Hyundai Motor missed its sales targets again in the past year. Nevertheless, the fifth-largest car manufacturer in the world wants to sell this year with 7.6 million vehicles 3 percent more than last year. For 2018, Hyundai had with its… Continue reading South Korean carmaker: Hyundai misses again sales target – share on the decline

Kia Motors posts 2.4% increase in 2018 global sales

Kia Motors Corporation today announced its 2018 full-year global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 2,812,200 units sold, or a 2.4% increase from the previous year. Kia posted a year-on-year increase of 1.9% (531,700 units sold) and 2.5% (2,280,500 units sold) in Korea and overseas markets,… Continue reading Kia Motors posts 2.4% increase in 2018 global sales

Hyundai flags tough 2019 as U.S., China demand stays slow

SEOUL (Reuters) – South Korea’s Hyundai Motor Group flagged another year of tepid car sales growth on the back of a slow 2018, saying trade protectionism added uncertainty and major markets such as the United States and China remained sluggish. Chief Vice Chairman of Hyundai Motor Group Chung Eui-sun delivers his speech during the company’s… Continue reading Hyundai flags tough 2019 as U.S., China demand stays slow

South Korea’s Hyundai Motor, Kia Motors target global sales of 7.6 million for 2019

Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) said on Wednesday they aim to sell 7.6 million vehicles in 2019, as they battle to recover market share in China… Continue reading South Korea’s Hyundai Motor, Kia Motors target global sales of 7.6 million for 2019

South Korea’s Hyundai target 2019 global sales of 4.7 million vehicles

Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) on Wednesday announced their combined 2019 global sales target at 4.68 million vehicles. Hyundai had also set a combined sales goal of 4.68 million vehicles for… Continue reading South Korea’s Hyundai target 2019 global sales of 4.7 million vehicles

Hyundai Mobis: Last Year Key Components Exceeded the Biggest Overseas Order Volume of ‘1.9 Trillion KRW ($1.7 Billion)’

SEOUL, South Korea–(BUSINESS WIRE)– – Overseas electric vehicle companies in the US, Europe and China are paying an increased focus on Hyundai Mobis… Their orders account for 60% of all parts orders Hyundai Mobis (012330.KS) broke the record of overseas orders for its core parts thanks to its competitiveness in future car technologies. On January… Continue reading Hyundai Mobis: Last Year Key Components Exceeded the Biggest Overseas Order Volume of ‘1.9 Trillion KRW ($1.7 Billion)’

Hyundai Mobis-KT Join Hands to Develop Connected Vehicles in the 5G Age!

SEOUL, South Korea–(BUSINESS WIRE)– – Updating the map by reflecting real-time traffic information, and jointly developing C-V2X technology… will be secured in the second half of this year To cultivate the autonomous driving-connected future technology, Hyundai Mobis (012330.KS) and KT Corp. are seeking to form the connected vehicle alliance and begin to cooperate with each… Continue reading Hyundai Mobis-KT Join Hands to Develop Connected Vehicles in the 5G Age!

Hyundai MOBIS Lights a Path to Reducing Accidents Involving Autonomous Vehicles

Hyundai MOBIS (012330.KS) showcased the latest Communication Lighting concept at CES® in January 2019. Communication Lighting uses an “Indicating Lighting Zone” to indicate when an autonomous vehicle is operating in self-driving mode. The concept also includes a “Communication Lighting Zone” that uses LED, digital boards, headlamp projection and sound to communicate with nearby pedestrians and… Continue reading Hyundai MOBIS Lights a Path to Reducing Accidents Involving Autonomous Vehicles

Nissan to cut China auto output over 3 months as demand slows – source – Reuters

TOKYO, Dec 28 (Reuters) – Nissan Motor Co plans to cut vehicle production in China by 30,000 units in the coming months, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market. After Ford Motor Co and Hyundai Motor Co, Nissan becomes the latest… Continue reading Nissan to cut China auto output over 3 months as demand slows – source – Reuters