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How Hyundai Avoided The Chip Shortage Plaguing Tesla, Other Automakers
Friday, February 26, 2021 - 4:22am | 481Hyundai Motor Company (OTC: HYMTF) has managed to evade a chip crunch that has affected other automakers worldwide. What Happened: The South Korean automaker managed to avoid the shortage by stockpiling semiconductors last year and even purchasing more towards the end of 2020, people familiar with...
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Apple And Kia Electric Vehicle Talks Haven't Fallen Apart, Report Says
Friday, February 26, 2021 - 12:47am | 348Apple Inc. (NASDAQ: AAPL) could still partner with Hyundai Motor Company (OTC: HYMTF) subsidiary Kia Corp. on electric vehicles, Reuters reported Friday — citing a South Korean online news site. What Happened: Apple and Kia have not completely canceled talks on electric vehicles following a...
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Kia, Hyundai Confirm Companies No Longer In Talks Over Electric Vehicles With Apple
Sunday, February 7, 2021 - 10:48pm | 321Apple Inc (NASDAQ: AAPL) is no longer negotiating with Kia and its parent Hyundai Motor Company (NYSE: HYMTF), the latter two have confirmed, Bloomberg reported Sunday. What Happened: The Korean automakers have been in discussion with multiple companies about the development of autonomous...
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Apple Car Could Be Made By Kia In US: Report
Wednesday, January 20, 2021 - 1:09am | 395Apple Inc.’s (NASDAQ: AAPL) electric vehicles could be made by Kia Corp. at the latter’s manufacturing facility in the United States, according to a report from the Korean outlet eDaily. What Happened: Local media reports earlier this month suggested Hyundai Motor Company (OTC: HYMTF)...
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GE Trying To Sell Remaining Stake In Hyundai Capital
Tuesday, June 21, 2016 - 11:03am | 173General Electric Company (NYSE: GE) is trying to sell its remaining 20 percent stake in Hyundai Capital, Reuters reported, citing Hyundai Motor Co. (HYUNDAI MOTOR CO KRW5000 (OTC: HYMLF)) Related Link: General Electric Shines In Weak Market While Reuters said the South Korean car did not offer any...
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Kia And Hyundai's Domestic Sales Remain 'Sizzling;' Is It Time To Buy?
Friday, December 4, 2015 - 2:47pm | 464KJ Hwang, a South Korea-based analyst for CIMB, said domestic momentum for KIA MOTORS CORP ORD (OTC: KIMTF) and HYUNDAI MOTOR CO LTD (OTC: HYMLF) remains "sizzling." Hwang noted that the two automakers combined for 738,000 units of sales, marking a 6 percent year-over-year increase and a 2 percent...
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CarMax First To Pull Advertising From Clippers After Racist Remarks
Monday, April 28, 2014 - 1:54pm | 578Los Angeles Clippers owner Donald Sterling learned that derogatory comments about race are not tolerated—not just by fans, the public, politicians, and civil rights leaders but also by companies that write big checks to your team. CarMax (NYSE: KMX) on Monday became the first company to end its...
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Kia Motors America to Offer Introductory Trial of Sirius
Wednesday, December 8, 2010 - 11:04am | 39SIRIUS XM Radio (Nasdaq: SIRI) and Kia Motors America today announced that customers who purchase SIRIUS-equipped Kia Certified Pre-Owned vehicles will receive an introductory three-month subscription of the "SIRIUS Everything" package
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Kia November Sales up 48.2%
Wednesday, December 1, 2010 - 2:36pm | 51Kia Motors America today announced record November sales of 26,601 vehicles, a 48.2-percent increase over the same period last year and the company's eighth monthly sales record this year. With one month remaining in 2010, KMA's sales are up 16.8 percent over 2009 and Kia has already exceeded its...
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Kia Motors Announces August Sales
Wednesday, September 1, 2010 - 12:28pm | 68Kia Motors America today announced August sales of 32,465 units, with year-to-date sales of 237,953 up 9.7-percent year to date. The 2011 Sorento CUV was the brand's best-selling vehicle for the eighth consecutive month, and Kia's growing stable of next generation products – Soul, Forte, Forte...