Hyundai to invest more than $50 bn in South Korea in major EV push

Hyundai to invest more than $50 bn in South Korea in major EV push

Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.
Hyundai opens high-tech Singapore electric car factory

Hyundai opens high-tech Singapore electric car factory

Hyundai opened a high-tech electric vehicle factory in Singapore on Tuesday that the South Korean auto giant says will be a "pillar" of its electrification strategy in the coming decades.
VinFast sets sights on Indonesia with $1.2 billion expansion

VinFast sets sights on Indonesia with $1.2 billion expansion

VinFast pursues Asian expansion with a $1.2 billion foray into the Indonesian market.
Second Hyundai Thanh Cong auto factory inaugurated in Ninh Binh

Second Hyundai Thanh Cong auto factory inaugurated in Ninh Binh

Auto manufacturer Thanh Cong Group and Huyndai Motor Group inaugurated the second Huyndai Thanh Cong Vietnam factory in Gian Khau industrial park, the northern province of Ninh Binh, on November 15.
Car and motorcycle sales decrease

Car and motorcycle sales decrease

The sales of cars and motorcycles plunged in June due to a lack of parts and components.
Carmakers ride on despite sales dip

Carmakers ride on despite sales dip

Famous automakers are pushing on with plans to launch new models and promotions in Vietnam despite the pandemic roadblocks, thanks in part to positive results made over the first half of the year.
Hyundai Jump School Education Volunteer officially launched in Vietnam

Hyundai Jump School Education Volunteer officially launched in Vietnam

Hyundai has held the launching ceremony of Hyundai Jump School Education Volunteer in Vietnam, marking the first time the programme is launched outside Korea.
Hyundai wins bid to build mall in Cambodia

Hyundai wins bid to build mall in Cambodia

Hyundai Engineering of the Republic of Korea recently announced it has won a 164-million-USD bid to build the AEON Mall 3 project development in Phnom Penh.
Evans wins in Sweden as Tanak makes Hyundai point

Evans wins in Sweden as Tanak makes Hyundai point

Welsh driver Elfyn Evans completed a flag to flag victory in the Rally Sweden on Sunday (Feb 16) as world champion Ott Tanak picked up his first points for Hyundai after his opening crash in Monte Carlo.
Hyundai suspends production line over China outbreak

Hyundai suspends production line over China outbreak

South Korea's largest automaker Hyundai Motor halted operations at one of its assembly lines on Tuesday (Feb 4) because of a lack of parts due to the coronavirus outbreak in China and is reviewing a wider suspension, a company spokeswoman said.
Uber, Hyundai Motor team up to develop electric air taxi

Uber, Hyundai Motor team up to develop electric air taxi

US ride-hailing company Uber Technologies and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday (Jan 6), joining the race for flying cars to ease urban congestion.
World champion Tanak quits Toyota for Hyundai

World champion Tanak quits Toyota for Hyundai

Newly-crowned world rally champion Ott Tanak signed a two-year deal to drive for Hyundai on Thursday (Oct 31), just four days after wrapping up his maiden title with Japanese manufacturer Toyota.
US fines Hyundai Heavy Industries US$47m over dirty diesel engines

US fines Hyundai Heavy Industries US$47m over dirty diesel engines

South Korean shipbuilding and industrial firm Hyundai Heavy Industries will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced on Thursday (Sep 19).
Hyundai and Kia vehicles may pose fire hazard in Vietnam

Hyundai and Kia vehicles may pose fire hazard in Vietnam

Hyundai’s Santa Fe 2019 and Kia’s Optima vehicles in circulation in Vietnam may pose fire hazard due to their petrol engine Theta II 2.4.
Hyundai asked to increase localisation rate to 40 per cent

Hyundai asked to increase localisation rate to 40 per cent

Deputy Prime Minister Trinh Dinh Dung has asked South Korean carmaker Hyundai Motor Company to promote technology transfer to its local partners in Viet Nam and increase its localisation rate to a minimum of 40 per cent.
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