Hyundai Motor Company Stock News

Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday that they will recall 485,000 vehicles in the United States

SEOUL, Feb. 8 (Yonhap) -- The top diplomats of South Korea and India held phone talks Tuesday after Korean automaker Hyundai Motor Co. faced backlash over social media posts expressing solidarity with people of Kashmir, a highly sensitive issue to Indi

(ATTN: UPDATES with details in paras 4, 10) SEOUL, Feb. 8 (Yonhap) -- South Korea''s leading carmaker Hyundai Motor Co. said Tuesday it has reentered the Japanese passenger vehicle market for the first time in 12 years, but this time with an online-only

Morai, a Seoul, South Korea-based developer of full-stack autonomous vehicle simulation technology, secured a USD 20m Series B funding round. The round, which brought total funding to date to USD 25m, included new investors Korea Investment Partners, KB Investment, and the state-run Korea Development Bank (KDB), as well as existing investors Naver’s D2 Startup Factory, Hyundai Motor Group’s […] The post Morai Raises USD20M in Series B Funding Round appeared first on FinSMEs .

South Korea expressed regret to India over an offensive social media post made by Korean carmaker Hyundai Motor''s Pakistani affiliate.On Tuesday, South Korea''s foreign minister, Chung Eui-Yong, called his Indian counterpart S Jaishankar and "expressed regret".On Monday, the Ministry of External Affairs had summoned the ambassador of Korea, thus prodding another statement by the Korean carmaker on Tuesday, this time, more unequivocal by condemning the post made by its Pakistani affiliate. Hyundai affiliate Kia also made a similar apology over “unauthorized social media posts” by a dealer based outside the country.The offensive post has since been removed. The social media unit of Hyundai''s Pakistani affiliate, on February 5, had said that it is remembering the "sacrifices of Kashmiri brothers", which led to the controversy. Pakistan observes February 5 as Kashmir Solidarity Day. A row erupted a day later on Sunday, when posts on behalf of Hyundai''s Pakistan partner Nishat Group appeared on Twitter, Facebook and Instagram.As the outrage on social media refused to fade away, the Indian government stepped in.

South Korean automakers Hyundai and Kia on Tuesday advised the owners of 484,000 U.S. vehicles to park outside and away from other vehicles because of fire risks until they get new recall repairs comp

South Korea's Hyundai Motor Co said on Tuesday it is returning to Japan 12 years after leaving because of poor sales, as growing demand for electric vehicles offers a fresh opening in a market dominat

Auto retailers body Federation of Automobile Dealers’ Association (FADA) said it has written to Hyundai India and Kia India to clear their stand on the Korean auto major Hyundai Motor Company’s Pakistan arm posts on its official Twitter and Facebook handles, announcing “solidarity with Kashmir”. FADA added it is also urging the Ministry of Heavy Industries & SIAM India to seek clarifications on the issue. “We strictly condemn the act of Hyundai Pakistan and Kia Pakistan for the tweets on Kashmir. We remain committed to our motherland and have written to both the companies on India to clear their stand on the same”, FADA said in a statement, adding, “We also urge the Ministry of Heavy Industries & SIAM India to seek clarifications.” Hyundai Motor India, the country''s second-largest car maker, has come under massive crossfire on social media after the car maker’s Pakistan arm released posts on its official Twitter and Facebook handles, announcing “solidarity with Kashmir”. Social media users in India on Sunday called for mass boycotts or cancelling bookings of the car maker.Several verified handles of BJP and VHP ministers also called for boycotts of Hyundai India through tweets on Sunday, adding taglines such as ''Kashmir Hamara Hi Rahega'' (Kashmir will remain ours).“Let us remember the sacrifices of our Kashmiri brothers and stand in support as they struggle for freedom,” the posts by Hyundai Pakistan declared on Saturday.

New Delhi, February 7 Quick Service Restaurant (QSR) chain KFC on Monday apologised following an outrage on social media over a post from its Pakistan-based franchise supporting separatists in Kashmir. "We deeply apologise for a post that was published on some KFC social media channels outside the country. We honour and respect India, and remain steadfast in our commitment to serving all Indians with pride,"according to a message on KFC India official account on Twitter. Earlier, in a social media post, a verified account of KFC had supported the separatists in Kashmir and posted "Kashmir belong to Kashmiris". The incident follows the backlash that Hyundai Motors faced on Sunday on social media after a dealer in Pakistan posted a message supporting separatists in Kashmir. A Twitter account of a Hyundai dealer in Pakistan with handle @hyundaiPakistanOfficial had posted a message supporting Kashmir Solidarity day, supporting what it called as "struggle for freedom". Following the post, #BoycottHyundai trended on Twitter in India with many people asking to stop buying the company''s products in the country.

South Korea''s Hyundai Motor is facing a blowback in India after its dealer in Pakistan posted a message supporting separatists in Kashmir.

ISLAMABAD/NEW DELHI: South Koreas Hyundai Motors faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of the occupied territory of Kashmir. The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity [] The post Hyundai suffers backlash in India after Pakistan partner tweets on held Kashmir appeared first on Pakistan Today .

NEW DELHI: South Korea''s Hyundai Motor faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of Illegally Indian Occupied Jammu and Kashmir (IIOJK). The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity Day and the posts on behalf of Hyundai''s partner Nishat Group appeared on Twitter, Facebook and Instagram commemorating the sacrifices of Kashmiris struggling for self-determination. Hundreds of social media users in India backed calls for a boycott, saying Hyundai must apologise for being insensitive to India''s position on the decades-old dispute. Dozens of Indians posted their intention to cancel orders for Hyundai cars in order to punish the company while urging support for homegrown brands like Tata Motors and Mahindra & Mahindra. Responding to the furore, Hyundai''s India unit said that it has a "zero tolerance policy towards insensitive communication and we strongly condemn any such view". "The unsolicited social media post linking Hyundai Motor India is offending our unparalleled commitment and service to this great country," @HyundaiIndia said, adding that it stands firmly behind its "strong ethos of respecting nationalism".

NEW DELHI: South Korea''s Hyundai Motor faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of Illegally Indian Occupied Jammu and Kashmir (IIJOK). The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity Day and the posts on behalf of Hyundai''s partner Nishat Group appeared on Twitter, Facebook and Instagram commemorating the sacrifices of Kashmiris struggling for self-determination. Hundreds of social media users in India backed calls for a boycott, saying Hyundai must apologise for being insensitive to India''s position on the decades-old dispute. Dozens of Indians posted their intention to cancel orders for Hyundai cars in order to punish the company while urging support for homegrown brands like Tata Motors and Mahindra & Mahindra. Responding to the furore, Hyundai''s India unit said that it has a "zero tolerance policy towards insensitive communication and we strongly condemn any such view". "The unsolicited social media post linking Hyundai Motor India is offending our unparalleled commitment and service to this great country," @HyundaiIndia said, adding that it stands firmly behind its "strong ethos of respecting nationalism".

South Korea''s Hyundai Motor faced calls on Monday for a boycott of its cars in India after a tweet from the account of its Pakistan partner expressed solidarity for separatists in Kashmir.

South Korea''s Hyundai Motor faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of the disputed territory of Kashmir. The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity Day and the posts on behalf of Hyundai''s partner Nishat Group appeared on Twitter, Facebook and Instagram commemorating the sacrifices of Kashmiris struggling for self-determination.