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KIA SUPPLIER CONCERNS
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...- EV sales in fast lane but Motown treads the middle pathIndian carmakers are not betting on electric vehicles alone. They are developing a mix of petrol, diesel, hybrid, CNG, and flex-fuel option...
- More than 50 injured as fire breaks out at auto parts plant in South Korea: ReportA major fire erupted at a car parts factory in Daejeon, South Korea. The blaze has resulted in 50 people sustaining injuries. Of these, 35 ...
- India explores rare-earth deal with Myanmar rebels after Chinese curbsIndia is reportedly collaborating with the Kachin Independence Army (KIA) in Myanmar to secure rare-earth mineral samples, aiming to divers...
- The rebel army behind one of the world’s major rare earth suppliesMyanmar, a key rare earths supplier to China, faces disruption as rebel forces seize control of mines. This complicates Beijing's position,...
- Trump auto tariffs take aim at a pillar of Asian economies - and national prideU.S. President Donald Trump has announced a 25% tariff on imported cars and light trucks, impacting Japan and South Korea's car industries....
- From Audi to Foxconn and H&M; which companies are likely to feel the heat from Donald Trump's tariffs?President-elect Trump's proposed tariffs on Canada, Mexico, and China threaten major industries. Automakers like Audi, BMW, and Toyota, alo...
- Hyundai IPO: Be mindful of these 7 risks ahead of issue opening on TuesdayHyundai IPO: Hyundai Motor India's IPO opens on October 15, priced at Rs 1,865-1,960 per share. Key risks include potential conflicts of in...
- Incentive extended to facilitate local manufacturing of electric vehicles: govtSenior government officials in the know told ET Tesla has sought provisional tariff concessions as a prerequisite for setting up a manufact...
- New U.S. rules on EV subsidies slam Hyundai, Kia's dreamsThe Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp fro...
- Volkswagen plans to sell first electric car in India in 2023While it would like to import all 2,500 units, the availability of vehicles is a concern worldwide due to worsening supply chain constraint...
- Maruti reports lowest market share in 8 years, Tata Motors at 13 years highThe onset of a new decade, in a true sense, threw a completely unseen and unprecedented world for all of us. The Indian passenger vehicle i...
- Hyundai Motor Group chases local chipmakers to cut exposure to shortageHyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Ele...
- Posco's steel plant in India faces disruption, hampers auto supply chainAutomakers including Maruti Suzuki, India's top carmaker by sales, Hyundai Motor, Kia Motors , Tata Motors and Mahindra & Mahindra source s...
- Hyundai bought chips when rivals didn't; its assembly lines are still rollingOther than Japan's Toyota Motor, which said this month it had enough chip inventory to last it about four months, Hyundai and its sister fi...
- The deal is off: Hyundai, Kia no longer in talks with Apple on making autonomous carsThe news wiped about $8.5 bn off duo's combined market value.
- Hyundai wrestles with the risks of embracing AppleHyundai said earlier this month it was in preliminary talks with Apple, but gave no details. Local media said the firms were discussing an ...
- Changing times: Auto industry set to put brakes on central Europe's Covid-19 recoveryAfter communist rule ended three decades ago, the auto sector became an important source of foreign investment, employment and growth. But ...
- Kia plans to produce electric vehicles, hybrids in India; targets 2021 for launchKia Motors India, the wholly-owned arm of Kia Motors Corporation, has lined also up three models to be launched here in the next three year...
- State investment funds fight suspicion at DavosSovereign wealth funds are in Davos this year in force, reflecting their new-found power, but even at this meeting celebrating globalisatio...
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