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Weak demand hits Hyundai Motor Q2 profit

23 July 2020 | Graeme Roberts

Weak demand hits Hyundai Motor Q2 profit Graeme Roberts Hyundai Motor on Thursday announced second quarter profit for 2020 fell 75% on year, the steepest in seven quarters and missing analyst estimat... read more


Hyundai raises KRW600bn from bond issue

11 May 2020 | just-auto.com editorial team

Hyundai raises KRW600bn from bond issue just-auto.com editorial team Hyundai Motor said it has issued KRW600bn (US$493m) of new bonds amid strong investor demand, twice the amount originally planned,... read more


Hyundai Motor surprises with Q1 revenue rise

23 April 2020 | Graeme Roberts

Hyundai Motor surprises with Q1 revenue rise Graeme Roberts Hyundai Motor has announced a first quarter 2020 year on year revenue rise of 5.6% to KRW25,319bn, though the comparison with Q4 2019, down... read more


Hyundai to raise cash through new debt sale

22 April 2020 | Dave Leggett

Hyundai to raise cash through new debt sale Dave Leggett Hyundai Motor is planning to raise some 300 billion won (USD240 million) by selling corporate bonds next month, according to media reports in ... read more


South Korean automakers ask government for emergency loans, tax cuts

22 April 2020 | just-auto.com editorial team

South Korean automakers ask government for emergency loans, tax cuts just-auto.com editorial team South Korean vehicle manufacturers this week called on the government to provide up to KRW32 trillion... read more


Hyundai Motor boosts Q4 and 2019 full year profits

22 January 2020 | Graeme Roberts

Hyundai Motor boosts Q4 and 2019 full year profits Graeme Roberts Hyundai Motor said fourth quarter sales revenue rose to KRW27.87 trillion compared with KRW25.23 trillion a year earlier as strengthe... read more


Hyundai Motor posts profits boost

22 July 2019 | Dave Leggett

Hyundai Motor posts profits boost Dave Leggett Hyundai has posted a big gain in quarterly profit helped by favourable currency movements - especially a weak won versus US dollar - and new models. ... read more


Hyundai boosts Q1 sales and profit

24 April 2019 | Graeme Roberts

Hyundai boosts Q1 sales and profit Graeme Roberts Hyundai Motor Company reported a 6.9% and 21% increase in sales revenue and operating profit respectively for the first quarter of 2019, "i... read more


Hyundai Motor 2018 operating income slumps

24 January 2019 | Graeme Roberts

Hyundai Motor 2018 operating income slumps Graeme Roberts Hyundai Motor Company announced results for 2018, recording a 1.8% increase in vehicle sales, led by its enhanced SUV range, though operating... read more


Hyundai-Kia to invest another US$250m in Grab

7 November 2018 | Graeme Roberts

Hyundai-Kia to invest another US$250m in Grab Graeme Roberts Hyundai Motor Group and Grab Holdings, which claims to be southeast Asia's leading O2O (online to offline) mobile platform, announced ... read more


Hyundai and China's BTIRDI join over Hydrogen Energy Fund

31 October 2018 | Dave Leggett

Hyundai and China's BTIRDI join over Hydrogen Energy Fund Dave Leggett Hyundai Motor has entered into a memorandum of understanding (MOU) with Beijing-Tsinghua Industrial R&D Institute (BTIRDI) t... read more


Hyundai Motor profit plunges 67.4% in Q3 2018

26 October 2018 | Dave Leggett

Hyundai Motor profit plunges 67.4% in Q3 2018 Dave Leggett Hyundai Motor has announced business results for the third quarter of 2018, reporting KRW24.4tn (US$21.351bn) in sales, which represents a o... read more


Hyundai Motor profit down 37% in H1 2018

27 July 2018 | Dave Leggett

Hyundai Motor profit down 37% in H1 2018 Dave Leggett Hyundai Motor has posted a first half decline of 37.1% to operating profit as it was hit by a strong Korean currency and higher costs. ... read more


China and US drag Hyundai Motor profit down

26 October 2017 | Dave Leggett

China and US drag Hyundai Motor profit down Dave Leggett Hyundai Motor (excludes Kia) has said its Q3 net Co profit fell 16% to 939.2 billion won due to sharp declines to China sales amid a diplomati... read more


Hyundai workers reject wage deal, more talks in September

31 August 2016 | Graeme Roberts

Hyundai workers reject wage deal, more talks in September Graeme Roberts Hyundai Motor employees in South Korea have rejected a tentative wage agreement between management and their union in a move b... read more


Hyundai Motor sees H1 profit and sales volume decline

26 July 2016 | Dave Leggett

Hyundai Motor sees H1 profit and sales volume decline Dave Leggett Hyundai Motor has announced that first half sales volume and operating profit declined from the same period last year due to lower e... read more


Hyundai profit down on slower China demand

26 January 2016 | Dave Leggett

Hyundai profit down on slower China demand Dave Leggett Hyundai Motor has reported a profit fall for the eighth consecutive quarter, with net profit in the quarter ended 31st December down by 2% to 1... read more


SOUTH KOREA: Hyundai Motor reports 25% Q3 profit decline

22 October 2015 | Dave Leggett

SOUTH KOREA: Hyundai Motor reports 25% Q3 profit decline Dave Leggett Hyundai Motor has reported that net income for the three months to the end of September declined 25% on last year to 1.2 trillion... read more


SOUTH KOREA: Currency hits Hyundai first half results

27 July 2015 | Graeme Roberts

SOUTH KOREA: Currency hits Hyundai first half results Graeme Roberts Hyundai Motor's sales volume, revenue and operating profit for the first half of 2015 all declined on a year on year basis due mai... read more


MALAYSIA: BMW assembler Sime Darby delays automotive IPO

6 May 2015 | Staff reporter

MALAYSIA: BMW assembler Sime Darby delays automotive IPO Staff reporter Malaysian diversified conglomerate Sime Darby has cancelled an initial public offering (IPO) for its automotive business which ... read more


SOUTH KOREA: Hyundai plans shareholder rights committee

27 April 2015 | Graeme Roberts

SOUTH KOREA: Hyundai plans shareholder rights committee Graeme Roberts Hyundai Motor has said it would set up an independent committee within the company’s board of directors to improve decisio... read more


SOUTH KOREA: Hyundai Motor reports profit decline again

24 April 2015 | Dave Leggett

SOUTH KOREA: Hyundai Motor reports profit decline again Dave Leggett Hyundai Motor has reported profit a decline in earnings for the fifth consecutive quarter on slower sales and currency effects. ... read more


SOUTH KOREA: Hyundai Motor chief gets 2% pay rise

31 March 2015 | Graeme Roberts

SOUTH KOREA: Hyundai Motor chief gets 2% pay rise Graeme Roberts Hyundai Motor chairman Chung Mong-koo reportedly received a 2% pay rise to KRW5.72bn (US$5.2m) in 2014. It was a year that saw weak... read more


SOUTH KOREA: Chungs reduce their stake in Hyundai Glovis

6 February 2015 | Graeme Roberts

SOUTH KOREA: Chungs reduce their stake in Hyundai Glovis Graeme Roberts Hyundai Motor chairman Chung Mong-Koo and his son have sold stakes in the group’s logistics arm for US$1.1bn, seen as the... read more


SOUTH KOREA: Hyundai profit down 15% in 2014

22 January 2015 | Dave Leggett

SOUTH KOREA: Hyundai profit down 15% in 2014 Dave Leggett Hyundai Motor has said its net profit fell 15% last year to 7.65 trillion won (around USD7bn), a result that disappointed analysts. It's t... read more


SOUTH KOREA: Hyundai Motor chairman fails to sell stake in Glovis

14 January 2015 | Staff reporter

SOUTH KOREA: Hyundai Motor chairman fails to sell stake in Glovis Staff reporter Hyundai Motor chairman, Chung Mong-koo, and his vice-chairman son Chung Eui-sun, this week failed to sell over 5m shar... read more


SOUTH KOREA: Hyundai-Kia buybacks to appease shareholders

11 November 2014 | Graeme Roberts

SOUTH KOREA: Hyundai-Kia buybacks to appease shareholders Graeme Roberts Hyundai Motor and affiliate Kia Motors have unveiled share buybacks worth a combined KRW670bn (US$615m) in an apparent bid to ... read more


SOUTH KOREA: Hyundai Motor workers union agrees pay deal

2 October 2014 | Graeme Roberts

SOUTH KOREA: Hyundai Motor workers union agrees pay deal Graeme Roberts Unionised Hyundai Motor workers in South Korea have agreed to end strikes that may have cost the company over KRW900bn (US$847m... read more


SOUTH KOREA: Hyundai Motor to merge three parts makers

21 August 2014 | Staff reporter

SOUTH KOREA: Hyundai Motor to merge three parts makers Staff reporter Hyundai Motor plans to merge three South Korean manufacturing subsidiaries into a single unit in an effort to streamline operatio... read more


SOUTH KOREA: Hyundai Motor Q2 results hit by stronger won

24 July 2014 | Dave Leggett

SOUTH KOREA: Hyundai Motor Q2 results hit by stronger won Dave Leggett Hyundai Motor has reported a 6.9% decline to net income in the second quarter, its bottom line dragged down by the stronger won.... read more


SOUTH KOREA: Slow US hits Hyundai Motor Q1 profit

24 April 2014 | Graeme Roberts

SOUTH KOREA: Slow US hits Hyundai Motor Q1 profit Graeme Roberts Hyundai Motor has missed analyst estimates by posting a first quarter 2014 net profit all but the same as the result in Q1, 2013. P... read more


INDIA: Currency affects 'underperforming' Hyundai in 2013 - analyst

24 January 2014 | Graeme Roberts

INDIA: Currency affects 'underperforming' Hyundai in 2013 - analyst Graeme Roberts Hyundai’s full-year revenue growth "underperformed significantly when seen alongside the volume growth of 7.3%... read more


SOUTH KOREA [updated 24/1/14]: Hyundai Motor Q4 profit hit by stronger won

23 January 2014 | Dave Leggett

SOUTH KOREA [updated 24/1/14]: Hyundai Motor Q4 profit hit by stronger won Dave Leggett Hyundai Motor has reported Q4 profits up 15% on last year, but short of analysts' projections as it was hit by ... read more


SOUTH KOREA: Hyundai reaches tentative wage deal with unions

5 September 2013 | Graeme Roberts

SOUTH KOREA: Hyundai reaches tentative wage deal with unions Graeme Roberts Hyundai Motor has reached a tentative agreement with its unions over wages and benefits following a series of partial strik... read more


SOUTH KOREA: Kia Motors Q2 profit up 7.8% on overseas sales

26 July 2013 | Graeme Roberts

SOUTH KOREA: Kia Motors Q2 profit up 7.8% on overseas sales Graeme Roberts Hyundai Motor affiliate Kia Motors second-quarter net profit jumped 7.8% from a year earlier on the back of brisk overs... read more


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