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[THE INVESTOR] GM Korea said on May 2 its April sales fell 22 percent from a year earlier due to weaker domestic demand. GM Korea sold 38,575 vehicles last month, down from 49,163 units a year e...
[THE INVESTOR] Kia Motors on May 2 unveiled the pure electric version of its Niro crossover at an annual green vehicle exhibition on Jeju Island. At the fifth Electric Vehicle Expo being held th...
[THE INVESTOR] Hyundai Motor and its affiliate Kia Motors said on May 2 their combined sales in the United States fell 8.4 percent on-year last month, as their new sport utility vehicles have yet to...
[THE INVESTOR] US activist fund Elliott Management on April 30 said Hyundai Motor’s latest plan to cancel 960 billion won (US$899 million) worth of treasury shares “falls short” of shareholders’ dem...
[THE INVESTOR] General Motors CFO Chuck Stevens said on April 30 the agreement reached last week by the carmaker’s Korean unit will lay the foundation for a turnaround next year. In a conference...
[THE INVESTOR] While all eyes were on the two leaders of the Koreas for the historic summit held at the border village of Panmunjeom on April 27, North Korean leader Kim Jong-un’s taste for finer th...
[THE INVESTOR] Hyundai Motor said on April 27 it will cancel 960 billion won (US$891 million) worth of its own stocks to enhance shareholder value. Hyundai plans to write down 8.54 million exist...
[THE INVESTOR] Kia Motors said on April 27 its first-quarter net profit plunged 44 percent from a year earlier on the strong won and weak overseas sales. Net profit for the January-March quarter...
[THE INVESTOR] The chief of Korea’s antitrust watchdog said on April 26 that US activist fund Elliott Management’s latest demand to create a holding firm structure at Hyundai Motor Group breaches lo...
[THE INVESTOR] Kia Motors on April 26 began sales of its upgraded 2019 Sorento sport utility vehicle The Master which offers more powertrain choices and advanced safety features. The smooth eigh...
[THE INVESTOR] Hyundai Motor said on April 26 its first-quarter net profit plunged 48 percent as a strong won weighed on its bottom line. Net profit for the three months ending on March 31 fell ...
[THE INVESTOR] Overseas sales of Korea-made passenger cars plunged sharply in the first quarter of 2018 from a year earlier due to a slump in shipments to major markets, customs data showed on April...
[THE INVESTOR] SsangYong Motor said on April 24 said that it expects production of its Rexton Sports, G4 Rexton and Korando Sports vehicles to rise by 10,000 units a year with the new shift system i...
[THE INVESTOR] Hyundai Motor Group appeared to be downplaying the recent additional stake acquisition by US management firm Capital Group, saying that it was nothing more than a financial investment...
[THE INVESTOR] Korean carmaker Hyundai Motor Group said on April 25 it will unveil two new vehicles at this year’s Beijing Motor Show to attract more local customers. Hyundai Motor will introduc...
Samsung to miss 350 million smartphone shipment goal
Naver to invest in Sequoia’s new venture fund: report
FTC chief vows to cooperate with EU to handle issues in Korea
Samsung to sell set-top box unit
Samsung holds global strategy meetings
Korea to launch K-pop coins, blockchain platform for hallyu fans
Big Hit investor SV Investment to make KOSDAQ debut next month
CJ considers IPO of Schwan’s after acquisition: report
June 23, 2018
