Tag: Hyundai

• Saturday, February 24th 2024 - 10:08 UTC

  Hyundai pledges US$ 1.1 billion investment in Brazil until 2032

  

  South Korean carmakers Hyundai announced this week a US$1.1 billion investment in Brazil during a meeting with President Luiz Inácio Lula da Silva at the Planalto Palace on Thursday, Agencia Brasil reported.

• Saturday, June 20th 2020 - 09:08 UTC

  Record demand for premium and luxury cars by the rich South Koreans

  

  South Korea's swift handling of the COVID-19 crisis has provided a backdrop for a sharp increase in demand for premium and luxury cars, dealers and officials said, as wealthy people, insulated from many of the pandemic's worst effects, want to show off on the road.

• Sunday, March 1st 2020 - 13:19 UTC

  Hyundai closes a factory in South Korea because of coronavirus

  

  Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.

• Thursday, February 28th 2019 - 08:37 UTC

  Brazilian consortium interested in Ford's Sao Paulo manufacturing plant

  

  Brazilian automaker CAOA, which produces vehicles with Korea’s Hyundai Motor Co and China’s Chery Automobile Co, is in talks to buy a Ford Motor Co plant in the country that is slated to close by 2019, according to sources reported in the Sao Paulo media.

• Monday, July 2nd 2018 - 08:31 UTC

  Leading world car makers urge US not to impose tariffs on auto imports

  

  BMW and Hyundai Motor urged the U.S. not to impose tariffs on auto imports, joining General Motors Co. in pressing their case to the Commerce Department even as a top aide to President Donald Trump dismissed the concerns as “smoke and mirrors.”