Hyundai Motor workers are expected to demand a wage rise this year despite a global economic crisis that is forcing production cuts at many of the company's plants, Yonhap News reported.
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The production version of a Kia Geneva show concept, more of which was revealed today, will make a little history for the Hyundai-Kia group here in Europe: it will be the first Kia to be built in the new Hyundai plant in Nosovice in the Czech Republic.
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Set to headline it's Geneva show stand these are the first official pictures of the all-new SUV concept from Hyundai.
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Set to headline it's Geneva show stand these are the first official pictures of the all-new SUV concept from Hyundai.
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Hyundai's Nosovice factory in the Czech Republic is Europe's newest car plant, and takes modular assembly to a new level, as Mark 'Coolbear' Bursa discovers.
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Hyundai Motor America is making its successful Hyundai Assurance sales incentive more attractive and#x2014; and has laid off about 8 percent of its U.S. headquarters and regional staff.
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Hyundai Motor America laid off 46 of its approximately 550 employees this week, some employees said. The workers said the word came from acting CEO John Krafcik, who cited the tough economy.
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Hyundai Motor America is making its successful Hyundai Assurance sales incentive even more attractive.
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For an idea of what Hyundai's next small SUV will look like, pay attention to the concept that debuts at the Geneva motor show next month.
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The chairman of Hyundai Motor, Chung Mong-koo, is set to withdraw from the board of its Kia subsidiary next month.
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The Hyundai-Kia Automotive Group is preparing to restructure its overseas sales network.
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Hyundai Motor has unveiled its new Equus luxury sedan in Korea.
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The global auto industry slowdown slowed Hyundai Kia Automotive Group's exports to emerging markets last month.
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Sales by Russian Hyundai assembler Taganrog Automobile Plant, or TagAZ, rose 34% year on year to 106,322 vehicles in 2008, the plant's press office has said.
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Blaming the global financial crisis, Hyundai has now confirmed a halt to plans to build a wholly-owned plant in Brazil while Honda now plans to build a new small car in Brazil, rather than construct a new plant in Argentina.
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The auto industry in the United States suffers from an abysmal public perception and must voluntarily undertake "revolutionary" change to pull itself out of the morass, said John Krafcik, acting CEO of Hyundai Motor America.
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The U.S. auto industry suffers from an abysmal public perception and must voluntarily undertake "revolutionary" change to pull itself out of the morass, said John Krafcik, acting CEO of Hyundai Motor America.
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