KIA Motors Corp, South Korea's second-largest auto maker, said yesterday that building of its first United States plant is proceeding on schedule and will open as planned late next year.
The Frankfurt auto show buzzed with an amusement park atmosphere as it opened to the public Saturday amid signs that Europe's biggest economy is pulling out of a historic recession. Despite warnings that the German auto sector is headed for a sales slump now, visitors thronged to photograph new m...
U.S. auto sales plunged to a 27-year low in January, a steeper-than-expected drop that took the slumping U.S. market below China's for the first time.
South Korea-based Hyundai-Kia Automotive Group said today that it expects to have sold a total of 800,000 cars in China by the end of 2009, 83% more than in 2008, Dow Jones Newswires reported.This year, sales of Hyundai and Kia cars are expected to reach 570,000 and 230,000 units, respectively, the auto...
SEOUL, Oct 23 - Seoul shares rose on Friday with carmakers including Kia Motors <000270.KS> rallying following a strong set of quarterly results, but losses in builders including Daewoo Engineering <047040.KS> weighed on the market....
* Asia shares rise, buoyed by upbeat earnings * Dollar resumes slide to 14-mth lows on U.S. rate outlook * Shares in Korea's Kia Motors surge 5.8 pct on record profit HONG KONG, Oct 23...
* KOSPI rises 0.5 pct, but institutions sell * Carmakers including Kia Motors rally on Q3 results * N.Korea-related issues rise on summit hopes (Updates to mid-morning) SEOUL, Oct 23 - Seoul shares rose on...
September sales of South Korean cars in the US rose, while Japanese carmakers' sales declined in the same month. The largest automaker in South Korea, Hyundai Motor, reported its September sales increased 27 percent year-on-year in the US to 31,511 units; Kia Motors' sales rose 24 percent to 21,6...
South Korea's top automaker Hyundai Motor Group said it would hire 32 percent more new workers domestically than initially planned in the second half amid a recovery in Asia's fourth-largest economy. The group, which includes Hyundai Motor Co and Kia Motors Corp, said in a statement late Wednesda...
* Seoul shares edge lower; but foreign investors buy again * Hyundai Motor, Kia Motors rally amid strengthening H2 hopes * Memory chip stocks rise on DRAM chip price gains SEOUL, Aug 19 - Seoul...