Hyundai – Page 515 – I wish I had more to offer

Three Australian buyouts worth $2.35b emerge in end-of-year deal rush

Australian building products group Adbri Ltd and pension firm Link Group were among three takeover targets facing bids worth A$3.5 billion ($2.34 billion) made on Monday in a year-end rush of deals involving listed companies. Adbri shares jumped 31% after it said it was in exclusive talks with international building materials group CRH and major… Continue reading Three Australian buyouts worth $2.35b emerge in end-of-year deal rush

U.A.W. Members at General Motors Ratify Contract

Members of the United Automobile Workers union have given their backing to new contracts with the three big U.S. automakers, agreements that deliver hefty wage increases and other gains that had eluded the union for more than 20 years. In the most closely contested vote, the tentative contract agreement at General Motors won the support… Continue reading U.A.W. Members at General Motors Ratify Contract

G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition

A United Automobile Workers union vote on a tentative contract agreement with General Motors that provides record wage increases has run into unexpectedly strong resistance from veteran workers. Voting at most union locals has been completed and the final result, due as early as Thursday evening, will very likely be decided by a narrow margin.… Continue reading G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition

Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

Hyundai Motor Company and Mubadala Investment Company to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production The parties will also explore potential investment opportunities SEOUL, South Korea and ABU DHABI, UAE, Dec. 15, 2023 /PRNewswire/ — Hyundai Motor Company and Mubadala Investment Company “Mubadala”, an Abu Dhabi-based global sovereign… Continue reading Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

The driving force behind EV sales: It’s range, baby!

Currently, there are a total of 13 automakers that sell EVs in India, up from four in 2020. The likes of Maruti Suzuki, Toyota, Honda, Renault, Nissan, Volkswagen and Skoda Auto are yet to make an entry into the electric space. Electric vehicles, or EVs, are steadily making their mark in India‘s growing passenger vehicle… Continue reading The driving force behind EV sales: It’s range, baby!

SUV-MPV share of passenger vehicle sales increases to 58% in April-November 2023

The utility vehicle (UV) category continues to stamp its power on the overall passenger vehicle (cars, sedans, UVs and vans) segment in India and the latest cumulative April-November 2023 wholesale numbers are ample proof. At an estimated 16,29,859 units, an increase of 23% YoY, UVs now account for 58% of the total PV sales of… Continue reading SUV-MPV share of passenger vehicle sales increases to 58% in April-November 2023

Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time,… Continue reading Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

New MINI Countryman is on sale now: EV versions, advanced tech and MINI’s quirky charm

2023 will go down as a huge year for MINI. The British brand gave us details of the all-electric Aceman, launched a new Cooper and now it’s put the third-generation Countryman on sale. The new MINI Countryman was revealed at the 2023 IAA Munich Motor Show back in September but has now officially gone on… Continue reading New MINI Countryman is on sale now: EV versions, advanced tech and MINI’s quirky charm