Elliott’s proposals include combining Hyundai Motor Co. with Hyundai Mobis Co. Photograph: Denis Balibouse/Reuters

Elliott Management, which earlier this month announced it bought about $1 billion in shares of units of Hyundai Motor Group, stepped up its pressure o(...)

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(...)

The chairmen of eight major South Korean companies, including LG Group, Samsung Group, Hanjin Group and Hyundai Motor Group attend a parliamentary hearing into a scandal engulfing President Park Geun-Hye

South Korean corporate chiefs told a parliamentary panel on Tuesday that they were not seeking favours when they made contributions to two foundations(...)

Chung Mong Koo, chairman of Hyundai  and Kia, after the carmakers forecast their weakest sales growth in nine years. Photograph: Seong Joon Cho/Bloomberg

Hyundai and Kia, South Korea’s largest carmakers, forecast their weakest sales growth in nine years as they run out of capacity to increase output and(...)

 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 (...)