Hyundai, Kia likely to post operating profit of $5.7 billion in Q2
Hyundai and Kia's second-quarter operating income likely rose 1 per cent and 11 per cent, respectively, from the same period of last year, the survey showed.
Hyundai and Kia's second-quarter operating income likely rose 1 per cent and 11 per cent, respectively, from the same period of last year, the survey showed.
Hyundai Motor, Kia and two other carmakers will recall over 7,700 vehicles due to faulty components, the transport ministry here said on Wednesday.
South Korea's top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China's tech giant Baidu to develop technologies for connected cars.
The combined market capitalisation of Hyundai Motor and Kia is widely expected to surpass the 100 trillion-won ($72.2 billion) mark this year, according to industry watchers.
The combined overseas production of Hyundai Motor and Kia, including in India, surpassed 3.68 million units in 2023
Hyundai launched its first EV model, the BlueOn, which was based on the i10 mini car, in the domestic market in July 2011.
Hyundai Motor, South Korea's top carmaker, and its sister company, Kia, are set to post combined exports of 2 million units in 2023, data showed on Sunday, on the back of the post-pandemic market recovery.
Hyundai debuted the Ioniq 5 N, the first high-performance EV model of the company's N brand aimed at the North American market.
Recently, KIA’s CEO Hari Marar had pitched for a second airport in Bengaluru to cater to the increasing number of flyers to and from the city.
Kia’s EV6 GT topped this year’s evaluation of electric vehicle models by a leading German automotive magazine, Auto Motor Und…