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.
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.