Hyundai sedans are assembled at the carmaker’s factory in Asan, south of Seoul in South Korea.   Hyundai reduced output at its plant by 25 per cent for two days in late May.   Photograph: Lee Jae-Won/Reuters

Hyundai Motor and sister company Kia Motors are cutting production as a weakening yen and a heavy reliance on saloons weigh on the South Korean carmak(...)

Gaston Irigoyen: “Our goal is to help people transition from hobbyists to professionals. We want to give them the resources to transform their hobby into a business.” PHOTOGRAPH: ALAN BETSON

Gaston Irigoyen was one of Google’s first five employees in Argentina – although he very nearly didn’t end up working for the internet search giant. W(...)

Workers clean near a Fiat 500 on the company’s display stand during preparations ahead of 84th Geneva International Motor Show. Photographer: Gianluca Colla/Bloomberg

Europe’s carmakers head to the Geneva Motor Show this week with sales rising for the first time in seven years. It might only be 2 per cent, bu(...)

 Chung Mong Koo, chairman and chief executive officer of Hyundai  and Kia,  arrives for a new year company meeting in Seoul, South Korea, yesterday.  Photographer: SeongJoon Cho/Bloomberg

The man who led South Korea’s motor industry growth through the last decade says Hyundai and Kia Motors expect what will be their lowest annual sales (...)

Cho Hyun-Shick, president of Hankook Tire,  during a news conference in Seoul, South Korea, yesterday.  Photograph: SeongJoon Cho/Bloomberg

Hankook Tire is poised to build its first US plant in a move to bolster its presence in the world’s second largest car market, as the South Korean tyr(...)