Hyundai overhaul plan gets more oppositionMay 15, 2018
Two influential proxy advisers joined Elliott Management in opposing a nearly $9 billion deal between two Hyundai Motor Group units.
Inside Hyundai heir's plan to fend off activist investor's attackMay 11, 2018
With one of the most tenacious activist investors breathing down his neck, Hyundai's crown prince is preparing to defend his family's dominance of the world's fifth-largest automotive empire.
The long and painful birth of a brandMay 14, 2018
As thorny as Genesis' retail rework has been, the U.S. dealer showdown is just one of many trials testing global brand chief Manfred Fitzgerald as he births a luxury brand. Zoom out to the global scale, and Genesis is clearly a work in progress on other measures, too.
Genesis corrects its retail courseMay 7, 2018
Is Hyundai’s Genesis a make or a “model?” The question is at the heart of the lingering confusion surrounding the luxury brand’s retail strategy.
Hyundai dealers must ask: Can they believe in Genesis?May 7, 2018
Given the history we've cataloged, we'd caution them to consider their options very carefully.
Genesis changes its mind on retail network -- againMay 1, 2018
Genesis General Manager Erwin Raphael told Hyundai's dealer council last week that the opportunity to sell the brand would now be offered to all Hyundai dealers in the United States -- a complete shift from the brand's previous thinking.
Genesis of frustrationApril 30, 2018
Hyundai's journey into luxury has been a bumpy, tortuous ride for its dealers, thanks to a strategy that was unclear from the start.
In the beginning ...April 30, 2018
Hyundai's luxury journey has been a long, confusing road for dealers, who put in the work on the ground to help establish the automaker's upscale credentials. Many of them will be watching from the sidelines as the Genesis brand takes flight.
Hyundai's Q1 profit halves on bleak U.S., China salesApril 26, 2018
Hyundai's first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.
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.