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Hyundai reports weak Q4 profits amid sluggish sales and U.S. warranty costs
In 2024, Hyundai sold a little over 4.1 million vehicles globally, a 1.8% year-over-year decline. While annual revenue growth ...
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
South Korea's Hyundai Motor (005380.KS) said on Thursday it is in talks with General Motors (GM.N) to supply commercial electric vehicles to its US peer, as it expects sales growth to halve this year ...
Kia breaks record in sales, profit in 2024 despite EV slump
Automaker hits all time high global sales of 3.1 million units Kia, Hyundai Motor Group’s smaller affiliate, set a major ...
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Hyundai Motor faces first profit decline in four years amid global slowdown
Hyundai Motor Co. reported a decline in operating profit and global sales last year, marking the first downturn in four years. Analysts suggest that the automotive giant, a key player in South Korea’s ...
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[Minute to Read] Former KDIC officer sentenced to 20 years for leaking secrets to China
The Minute to Read (Weekend) series provides a quick overview of significant events in Korea from the week, conveniently ...