Diabytes
Hyundai Motor Co News
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The new additions include three plug-in hybrid vehicles, which come on top of eight battery-powered cars and two fuel-cell vehicles.
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US safety regulators have opened a formal investigation into the recall of nearly 1.7 million vehicles by Hyundai Motor Co and affiliate Kia Motor Corp over engine defects, according to filings published Saturday.
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South Korean automobile major Hyundai Motor Co will launch eight new models in the next four years, said a top official of the Indian subsidiary.
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Hyundai said the Genesis brand's lineup will start with two sedans this year, growing to six by 2020.
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Hyundai Motor Co. said it plans to recall a total of 569,500 Sonata and Accent model vehicles in the United States.
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India is expected to become the world`s third largest auto market by next year, according to industry data provider IHS.
Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, complicating succession moves at South Korea`s second-biggest family-owned conglomerate.
Hyundai and Kia will pay $350 million in penalties to the US govt for overstating fuel economy ratings.
The boards of Hyundai Motor Co and two affiliates on Friday approved a 10.55 trillion won ($10.12 billion) purchase of a plot of land in Seoul, the companies said, sealing a deal worth more than triple the property`s appraised amount.
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