South Korean shares fall more than 4% on profit-takingSouth Korean stocks experienced a sharp decline of over 4% on Tuesday, with the KOSPI index plummeting as investors cashed in on recent gai...
23 Jun, 2026, 09.16 AM IST
Kospi jumps over 8% on Iran peace deal hopes; world's best-performing market up 94% YTDSouth Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after...
12 Jun, 2026, 08.12 AM IST
South Korean shares end 8% higher as Samsung hits record on pay dealSouth Korean shares surged 8% on Thursday, led by Samsung Electronics reaching a record high after a labor deal averted a strike, easing ec...
21 May, 2026, 12.59 PM IST
India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, marginsIndia's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positiv...
05 May, 2026, 08.59 AM IST
Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
02 May, 2026, 12.12 AM IST
EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
01 May, 2026, 11.23 AM IST
South Korea's Kia cuts 2030 EV target over 20%, plans humanoid robots at US factoryThe automaker also trimmed its total vehicle sales goal, targeting 4.13 million vehicles by 2030, down from an earlier target of 4.19 mill...
09 Apr, 2026, 11.00 AM IST
Kia targets India hybrid gap with plans for a new compact SUVKia is set to introduce a compact hybrid SUV in India within 18 months, venturing into the dual-powered vehicle segment. This strategic lau...
02 Oct, 2025, 09.45 AM IST
Kia aims to win US market share as tariffs force rivals to pull backKia aims to increase its U.S. market share to over 6% despite an expected market slump. The company plans a 7-8% sales increase, driven by ...
25 Jul, 2025, 02.08 PM IST
Hyundai and Kia to recall nearly 170,000 EVs over software problem in South KoreaHYUNDAI MOTOR-KIA CORP/EV-RECALL (UPDATE 1, PIX)UPDATE 1-Hyundai and Kia to recall nearly 170,000 EVs over software problem in South Korea
14 Mar, 2024, 03.19 PM IST
Hyundai Motor Group to invest $18 billion in South Korean EV industry by 2030The auto group, which houses luxury brand Genesis, besides Hyundai and Kia, also announced that it plans to expand annual EV production in ...
11 Apr, 2023, 03.30 PM IST
Kia to recall 105,000 Rio cars in RussiaThe recall affects Kia Rio models assembled between 2013 and 2018 at the Hyundai Motor Group factory in the Russian city of St Petersburg, ...
08 Aug, 2022, 05.46 PM IST
Hyundai Motor launches first electric sedan, taking on TeslaThe Ioniq 6 is one of more than 31 electric models that Hyundai Motor Group - including Hyundai Motor, its sister company Kia Corp and prem...
14 Jul, 2022, 07.56 AM IST
Hyundai Motor plans to invest $79.2 bn through 2030In late 2020, Hyundai Motor, which together with affiliate Kia Corp is among the world's top 10 biggest automakers by sales, said it would ...
02 Mar, 2022, 12.33 PM IST
Hyundai Q1 profit triples, to adjust May auto production due to chip shortageUnlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory. But the...
22 Apr, 2021, 01.12 PM IST
Hyundai Motor Group names new chief for mobility divisionSong Chang-hyeon will lead the newly established Transportation-as-a-Service (TaaS) division, which will oversee mobility business for Hyun...
16 Apr, 2021, 12.49 PM IST
Kia Motors plans India push with small cars after China, US sales dipAbout a dozen companies already make small hatchbacks in India where profit margins are relatively low, a key factor that led General Motor...
08 Mar, 2018, 10.20 AM IST