Activist investor turns up heat on HyundaiApril 23, 2018
Activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.
FTC warns against warranty-voiding policiesApril 13, 2018
Hyundai Motor America was one of six companies selling cars, cellphones and video gaming systems which received FTC warning letters about illegal warranty-voiding practices.
Kia Motors America COO Michael Sprague leaving companyApril 6, 2018
Michael Sprague, the former Ford executive who notched a steady series of promotions in nearly a decade at Kia Motors America, is leaving the Korean automaker. Sprague, 52, Kia's COO since 2015, will step down April 17, Kia said in a statement. No successor has been appointed.
Hyundai group under pressure from U.S. activist hedge fund with $1 billion stakeApril 4, 2018
A unit of activist hedge fund Elliott Management revealed that it holds more than $1 billion worth of shares in key affiliates of Hyundai Motor Group and called for more rapid reform of the auto giant's governance.
HYUNDAI/KIA: Hyundai drops 11%, Kia up 2.5%April 3, 2018
Hyundai Motor America's March U.S. sales fell 11 percent from the year-earlier period.
Female Hyundai executive resigns amid #MeToo movementApril 3, 2018
A female Hyundai executive in South Korea has resigned after being accused of pressuring female subordinates to pour drinks for and dance with senior male members of staff.
Sales rise 6.4% as spring season starts with a bangApril 3, 2018
U.S. light-vehicle deliveries, behind higher discounts and fleet shipments, a surge in light-truck demand and an extra weekend of sales, rose 6.4 percent in March, topping expectations as the critical spring-selling season started off with a bang.
A reconfigured K900April 2, 2018
Kia’s second-generation K900, which debuted last week at the New York auto show, is a little longer and wider than its predecessor.
Kona EV highlights Hyundai powertrain versatilityApril 2, 2018
Hyundai's new electric subcompact crossover has an estimated range of 250 miles on a charge.
Hyundai tells Genesis castoffs: Don't lose hopeApril 2, 2018
Brian Smith, COO of Hyundai Motor America, said it's likely that the Genesis brand will expand its store count in the future.
Kia awards, new product create dealer optimismApril 2, 2018
Kia dealers are riding high on vehicle quality awards and new product, but they are concerned about dealership profitability.
Kia refreshes 2 models for 2019March 28, 2018
Kia is upgrading its lineup with a trio of vehicles that will replace models that are losing traction: the Optima sedan, Sedona minivan and the upmarket K900 sedan.