* 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...
WASHINGTON, Aug 13 - Toyota Motor Corp's redesigned Toyota Prius and Honda Motor Co Ltd's Insight -- both gasoline-electric hybrids -- and Kia Motors Corp's Soul won honors from a leading U.S. safety group on...
How Hyundai and Kia are gaining ground in the industry's worst year ever.
* What: Hyundai Motor, Kia Motors Q2 earnings * When: Hyundai (Thursday), Kia (July 31, tentative) * Govt incentives, weaker won provide boost vs Q1 SEOUL, July 17 - Hyundai Motor Co <005380.KS>, South Korea's...
* What: Hyundai Motor, Kia Motors Q1 earnings * When: Hyundai (Thursday), Kia (Friday) * Weaker sales hit Hyundai; won helping Kia * Softer won, govt steps to help both combat slump * But recent...
Not just America's ailing carmakers that have been clobbered by the recession and the corresponding collapse in demand for new vehicles, but every other carmaker is suffering, too. All of which makes the achievements of South Korean carmakers particularly remarkable. Beijing Hyundai and Dongfeng Yueda Kia, two joint-venture companies between Korean and Chinese carmakers, recorded all-time high sales in Jan., 2009, surging 35% and 15% respectively. Gasgoo.com had an executive interview with Dr.Songlin Mei,
* Talking to BMW, Mercedes on parts deals * Also talking to lcar makers in China on supply deals * Seeking to reduce 90 pct reliance on Hyundai/Kia (Adds more quotes, details) GOYANG, South Korea,...
SEOUL, Feb 26 - Kia Motors Corp <000270.KS>, South Korea's No.2 automaker, is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said on...
*KOSPI sinks 4 pct *Hyundai, Kia tumble after credit downgrades *Techs fall on earnings fears SEOUL, Jan 15 - Seoul shares fell on Thursday, with losses on Wall Street on renewed bank worries taking a...
MAGNA International Inc, North America's largest auto parts maker, plans to build a plant in Russia to produce metal body components for Hyundai Motor Co and affiliate Kia Motors Corp by early 2011.