Kia Motors

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Elliott Management owns $1.5 billion (€1.33 billion) worth of shares in three Hyundai group companies. Photograph: Andrey Rudakov/Bloomberg

US hedge fund Elliott Management said on Tuesday Hyundai was holding excess capital and that shareholder returns from the Korean automotive group were(...)

Mercedes S-Class cars park at the final quality check at the production line of at the Mercedes Benz factory in Sindelfingen, Germany.RPhotograph: Ralph Orlowski/Reuters

German luxury carmaker Daimler cut its 2018 profit forecast, blaming a trade war between China and the United States and stricter pollution targets, s(...)

A unit of activist hedge fund Elliott Management now holds more than $1 billion (€810 million) of shares in three key affiliates of South Korea’s Hyundai Motor Group, and said more needs to be done to reform the company

A unit of activist hedge fund Elliott Management now holds more than $1 billion (€810 million) of shares in three key affiliates of South Korea’s Hyun(...)

Simon Sweeney was driving his family along the M9 motorway in Co Kilkenny when the incident happened. Photograph: Brenda Fitzsimons

Three brothers who were injured when a wheel came off an SUV on a motorway have been awarded €85,000 damages between them. Barrister John Nolan told (...)

Chung Eui-sun, vice chairman of Hyundai Motor Co (centre) leaves a new year company meeting at the automaker’s headquarters in Seoul, South Korea. Photograph: Bloomberg

Shares in Hyundai Motor and its affiliate Kia Motors slid on Tuesday morning after the South Korean automaker forecast a modest increase in 2018 sales(...)

Kia’s Proceed concept: showcasing the look of the upcoming Ceed hatchback range

The world’s motor shows have been in low-key mode for the past two years ever since the so-called “dieselgate” scandal broke, with car makers metaphor(...)

Daimler’s group earnings before interest and tax (EBIT) rose to €3.74 billion in the second quarter

Booming sales of new Mercedes-Benz cars pushed up quarterly operating profit at Germany’s Daimler by 15 per cent, slightly below consensus and oversha(...)

Ryanair chief executive Michael O’Leary: prices are expected to have the biggest overall influence on the airline’s performance. Photograph: Robin van Lonkhuijsen

THIS WEEK JULY 24th Monday Results: Ryanair Holdings, Alphabet, Christian Dior, Halliburton, Hasbro, Hyundai Indicators: Euro zone composite, man(...)

Hyundai Motor’s sedans are assembled at a factory of the carmaker in Asan, about 100 km  south of Seoul

South Korean car maker Hyundai Motor slipped to its 10th straight profit drop in the second quarter and warned of a tough second half in store as it s(...)

Mitsubishi Motors president Tetsuro Aikawa bows during a press conference in Tokyo on Wednesday where he apologised for the manipulation of   fuel economy test data. Photograph: Getty Images

Mitsubishi Motors Corp admitted to manipulating test data to overstate the fuel economy of 625,000 cars sold in Japan, knocking its shares down more t(...)

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