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Hyundai and its affiliate Kia are particularly vulnerable to US tariffs

Hyundai Motor launches US tariff task force

Hyundai said today it has launched a task force to respond to US tariffs and reaffirmed its annual earnings target after reporting a 2% rise in first-quarter operating profit.

Business • 24 Apr

Hyundai is planning to double its hybrid lineup to counter a slowdown in global electric vehicle demand

Hyundai Motor targets 30% rise in sales by 2030

Hyundai Motor said today it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric vehicle demand.

Business • 28 Aug 24

The two car companies said they will recall 171,348 vehicles in South Korea because of a manufacturing problem, which leads to possible engine stalling

Hyundai, Kia to recall more than one million cars

Hyundai and Kia are expected to recall more than a million vehicles in South Korea and the US due to engine issues, the latest blow for two firms already struggling in key markets.

Business • 07 Apr 17

Hyundai has reported a drop in profits for the last seven quarters

Hyundai and Kia forecast lowest sales in a decade

South Korea's largest carmakers, Hyundai and its affiliate Kia, have forecast their slowest sales growth in a decade for 2016, due to slumping demand in China and a strong Korean won.

Business • 04 Jan 16

US government said Hyundai, part of the same Korean holding group as Kia, had overstated fuel efficiency

Hyundai and Kia fined over fuel efficiency claims

Two major car companies have been fined $350 million by the United States government for overstating the fuel efficiency of their cars.

News • 04 Nov 14

The concept car 'Provo' is to be shown at the Geneva Motor Show

Kia urged to reconsider 'Provo' as new car name

East Derry DUP MP Gregory Campbell has called on car manufacturer Kia to reconsider changing the name of its new concept car, "Provo", which he said has deeply offensive connotations.

News • 05 Mar 13

New car registrations in Europe fell 8.2% to 12.05 million vehicles in 2012

European car market sees lowest sales since 1995

Demand for new cars in recession-bound Europe fell to a 17-year low in 2012.

Business • 16 Jan 13

Kia