Hyundai and Kia reach $41.2 million settlement with states over fuel economy claimsThu, 27, Oct 2016
Hyundai and Kia agreed to a $41.2 million settlement with attorneys general from 33 states and the District of Columbia that will close the remaining investigations into the automakers' overstatement of fuel economy ratings from 2011 through 2013.
Hyundai net income falls 11th straight quarter as strikes cut productionWed, 26, Oct 2016
Hyundai posted a drop in quarterly profit after labor strikes hurt domestic production and a stronger currency eroded repatriated earnings. Operating profit declined 29 percent to 1.07 trillion won ($943 million) while net income fell for an 11th consecutive quarter to its lowest level in more than four years.
Hyundai group execs to take 10 percent pay cutTue, 25, Oct 2016
Hyundai Motor Group said about 1,000 of its executives will take a 10 percent pay cut, the first such move in seven years at South Korea's second-largest conglomerate that shows the harsh impact of market share woes and labor strife at its flagship firm.
Hyundai recalls 62,811 Sonatas for loose sunroofsThu, 20, Oct 2016
Hyundai Motor America is recalling 62,811 Sonata sedans from the 2015-16 model years because the panoramic sunroof can come loose from the car and fall into traffic.
Hyundai reaches tentative wage deal with South Korean unionWed, 12, Oct 2016
Hyundai reached a tentative wage pact with its South Korean labor union today, a union official told Reuters, after the automaker's worst-ever industrial strike disrupted output at its key domestic production base.
Hyundai rises to 15th in ranking of largest U.S. corporate sponsorsTue, 11, Oct 2016
Hyundai's NFL sponsorship helped the automaker make a major gain in U.S. sponsorship rankings for 2015, jumping from No. 58 to No. 15 on consultant IEG’s annual report of top spenders.
BMW, Hyundai top new Power study on user-friendly techMon, 10, Oct 2016
BMW and Hyundai both earned top marks on technology usability in a new report out by J.D. Power, signifying that luxury and mass-market vehicles can do equally well satisfying customers with new technology.
Hyundai to resume wage talks with union in S. Korea after strikesTue, 11, Oct 2016
The union that represents most workers at Hyundai's South Korea factories plans to resume wage talks with management on Wednesday after months of strikes in the automaker's worst-ever industrial dispute, disrupting output at its key domestic production base.
Sales slip on lower Detroit 3 volume; SAAR rebounds from AugustMon, 03, Oct 2016
Ford, General Motors, Fiat Chrysler and Honda posted U.S. sales declines in September while Toyota and Nissan advanced as industry volume slipped for the second straight month, even as discounts rose. Overall, light-vehicle deliveries fell 0.7 percent to 1.434 million last month but remain ahead 0.3 percent for the year. The SAAR -- 17.74 million -- was the second-highest this year.
Small cars, crossovers drive gains at Hyundai; Kia slipsMon, 03, Oct 2016
Hyundai Motor America's U.S. sales crept up 4.1 percent in September while sales at its corporate sibling, Kia, were down 1.2 percent. Hyundai sold 66,610 vehicles in the U.S., making it a record September, the automaker said.
Kia bulks up its global sales champMon, 03, Oct 2016
Kia's fourth-generation Rio hatchback grows incrementally in nearly every direction and as a result promises more space for people and gear.
Kia's posh Telluride has 'good chance' to move forward, Schreyer saysThu, 29, Sep 2016
Peter Schreyer, Kia and Hyundai's chief design officer, is optimistic the Telluride will be approved for production following a positive reception for a concept shown at the Detroit auto show. The production version of the Telluride, the largest SUV or crossover in the Kia lineup since the Borrego was dropped, would maintain the general size and proportions of the concept.