Hyundai is kicking off its 29th anti-theft clinic in Texas this weekend as it works to ensure that car owners have the necessary updated software installed.
South Korean carmaker Hyundai Motor has ruled out any special allocation of shares to Indian workers in its forthcoming mammoth Indian stock market listing, despite employee demands, sources close to the matter said on Friday.
A new lawsuit accuses Hyundai of artificially inflating its EV sales numbers. The lawsuit said one manager told a dealer he had to "hit a number" to appease Hyundai's South Korean owners.
A group of Hyundai Motor dealers has sued the South Korean automobile giant in Chicago federal court for allegedly inflating sales numbers for electric vehicles while punishing franchises that would not participate in the ruse.
Hyundai Motor Co reached a tentative wage agreement with its South Korean labour union on Monday, a union official said, potentially avoiding a strike and production losses in South Korea, the carmaker's biggest manufacturing base.
South Korea's Hyundai Motor Group and LG Energy Solution (LGES) on Wednesday inaugurated Indonesia's first battery cell production plant for electric vehicles with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.
South Korea's Hyundai Motor Group and LG Energy Solution on Wednesday launched Indonesia's first battery cell production plant for electric vehicles with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.
It is difficult to find a more challenging market than the flying cars market. Not only do rigorous technical challenges have to be solved for electrical vertical take-off and landing (eVTOL) vehicles to be viable, but the regulatory framework has to be in sync to facilitate growth, making it essential to identify the right flying car stocks to buy.
Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in fees, three sources said, a windfall in a market where banks typically struggle to make money given cost-conscious clients and fewer big deals.
Hyundai Motor's unionised workers in South Korea voted for possible strike action after talks with the company over wage increases and an extension of the retirement age stalled, the automaker's union said on Monday.
If Hyundai Motor's up to $3 billion initial public offering of its Indian business crystallises a premium valuation as easily as expected, other multinationals could rush to list their local operations in the South Asian nation.
The Indian unit of South Korea's Hyundai Motor Co. has submitted a request for an initial public offering (IPO) to India's financial regulatory body, marking a significant milestone for the car manufacturer on Dalal Street, Mumbai's equivalent of Wall Street. This move comes more than twenty years after Hyundai first entered the Indian market.