Hyundai Motor reports earnings drop, forecasts weak sales
By YOUKYUNG LEE - AP - Thu Jan 22, 8:48PM CST
SEOUL, South Korea (AP) — Hyundai Motor Co. suffered a drop in quarterly earnings and is forecasting weak sales growth this year after falling behind competitors in factory expansions.
Hyundai Motor to spend $74B over 4 years on facilities, R&D
By YOUKYUNG LEE - AP - Tue Jan 06, 4:07AM CST
SEOUL, South Korea (AP) — Hyundai Motor Group, the world's fifth-largest automaker, said Tuesday it plans to spend 81 trillion won ($73.7 billion) over the next four years on factories, research and a new headquarters.
Hyundai, Kia brace for weakest growth in a decade
By YOUKYUNG LEE - AP - Fri Jan 02, 1:36AM CST
SEOUL, South Korea (AP) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are forecasting their weakest growth in yearly car sales in more than a decade as competition intensifies and the global economy slows.
Volkswagen Looks Set to Unveil Hydrogen Fuel Cell Car in November
at The Street - Mon Oct 27, 11:09AM CDT
Volkswagen may soon join all the other major automakers and launch a hydrogen fuel cell car, but the consumer economics for hydrogen fuel cell cars look like an uphill battle.
GM: 37.62 (-0.40), TM: 132.49 (+0.67), HMC: 32.87 (+0.14)
Stronger won hits Kia Motors 3Q profit
By YOUKYUNG LEE - AP - Fri Oct 24, 12:08AM CDT
SEOUL, South Korea (AP) — South Korea's second-largest car maker Kia Motors Corp. said Friday its third-quarter income plunged 27 percent from a year earlier as a stronger won dented profit.
TM: 132.49 (+0.67)
Hyundai Motor's 3Q profit falls 28 percent
By YOUKYUNG LEE - AP - Thu Oct 23, 2:57AM CDT
SEOUL, South Korea (AP) — Hyundai Motor Co. said Thursday its profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency and weak sales growth in its home market.
Asia stocks down after Wall Street stumbles
By KELVIN CHAN - AP - Thu Sep 25, 10:34PM CDT
HONG KONG (AP) — Asian stocks sank Friday after Wall Street had its worst day since July, with benchmarks weighed down by uninspiring U.S. economic data and Apple's iPhone software glitch.
AAPL: 127.08 (+0.62)
Hyundai workers strike to protest $10B land deal
By YOUKYUNG LEE - AP - Thu Sep 25, 1:26AM CDT
SEOUL, South Korea (AP) — Thousands of Hyundai Motor Co. workers are striking to protest the South Korean automaker's decision to spend $10 billion on land for a new headquarters while wage negotiations remain stalled, a union said Thursday.
Pound rises as Scottish results favor union
By KELVIN CHAN - AP - Thu Sep 18, 11:16PM CDT
HONG KONG (AP) — The British pound jumped as investors bet that Scottish voters would reject independence based on results that cover more than half of Scotland. Japanese stocks rallied as the yen extended losses against the dollar while other Asian benchmarks were subdued for lack of major economic data.
KEP: 20.67 (+0.11), CAG: 34.83 (-1.59), SNE: 27.30 (+0.19), RAD: 8.34 (+0.25)
Hyundai to pay $10B for land in Gangnam district
By YOUKYUNG LEE - AP - Thu Sep 18, 3:40AM CDT
SEOUL, South Korea (AP) — A consortium led by Hyundai Motor Co. offered more than $10 billion for land in Seoul's tony Gangnam district where it will build a new headquarters. The sky high price surprised shareholders who sent the automaker's shares down nearly 10 percent.
KEP: 20.67 (+0.11)
How Ford Motor Company Will Take On Toyota's Prius
John Rosevear, The Motley Fool - Motley Fool - Sun Aug 24, 2:15PM CDT
You'd know that shape anywhere, wouldn't you? That distinctive look has helped make Toyota's Prius the world's best-selling hybrid by far. Now, Ford is aiming to give it some serious competition. Source: Toyota Ford is finally planning a...
TSLA: 203.77 (+0.89), F: 16.30 (-0.06), GM: 37.62 (-0.40), TM: 132.49 (+0.67), HMC: 32.87 (+0.14)
Automobiles: Investing Essentials
John Rosevear, The Motley Fool - Motley Fool - Thu Jul 31, 5:06PM CDT
What's the world's best-selling car? It depends on how you count. Ford's Focus (shown) and Toyota's Corolla both have strong claims to the title. Source: Ford Motor Company For over a hundred years, the automobile industry has been bringing...
TSLA: 203.77 (+0.89), F: 16.30 (-0.06), GM: 37.62 (-0.40), HMC: 32.87 (+0.14)
Hyundai Mobis to build plant in Czech Republic
AP - Tue Jul 29, 5:53AM CDT
PRAGUE (AP) — South Korea's Hyundai Mobis has signed a deal with the Czech government to build a car lights plant in the eastern part of the Czech Republic.
Hyundai Motor's 2Q profit dips due to strong won
By YOUKYUNG LEE - AP - Thu Jul 24, 1:39AM CDT
SEOUL, South Korea (AP) — Hyundai Motor Co. said Thursday its second quarter profit fell 7 percent as the appreciation of the South Korean won diluted its overseas earnings, offsetting a sales perk from upgrades to its Genesis luxury sedan and the Sonata family car.
Automakers Dominate Green Brands List, Ford Tops - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 25, 4:28PM CDT
Automobile brands occupy the top 4 positions and hold the maximum number of positions in Interbrand's the 50 Best Global Green Brands for 2014.
F: 16.30 (-0.06), GM: 37.62 (-0.40), TM: 132.49 (+0.67), HMC: 32.87 (+0.14)
Did Ford Motor Company's Hybrids Get Clobbered By a Computer Error?
John Rosevear, The Motley Fool - Motley Fool - Tue Jun 17, 11:31AM CDT
The Lincoln MKZ Hybrid has sold surprisingly well, thanks to fuel-economy ratings that beat those of a rival Lexus. But that advantage is now gone. Will sales fall sharply? Source: Ford Motor Co. Ford said last week that it is lowering the...
F: 16.30 (-0.06), TM: 132.49 (+0.67)
Is GM's Cadillac Revival Failing?
John Rosevear, The Motley Fool - Motley Fool - Sun Jun 15, 3:20PM CDT
When it arrived in 2012, the Cadillac ATS was hailed as a true BMW rival. So why are sales off 20% this year? Source: General Motors Co. Until recently, sales at General Motors' Cadilac brand were on a tear. U.S. sales of Cadillacs rose 21.9% in...
F: 16.30 (-0.06), GM: 37.62 (-0.40)