
Hyundai Kona, Kia Niro Among 37 Models Recalled—Over 110,000 Vehicles Affected
Hyundai Motor Co., Kia Corp., and BMW Korea are recalling over 107,000 vehicles across 37 models due to battery and starter motor defects that pose fire risks.
Yonhap InfomaxSouth Korea's Ministry of Land, Infrastructure and Transport has announced a voluntary recall of nearly 180,000 vehicles from Hyundai, Kia, and BMW Korea due to software defects affecting braking and dashboard systems.
#YonhapInfomax #HyundaiMotor #KiaCorp #BMWKorea #VehicleRecall #SoftwareDefect #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104847
Grandeur, K8, Porter II Electric Among 180,000 Vehicles Subject to Voluntary Recall
South Korea's Ministry of Land, Infrastructure and Transport has announced a voluntary recall of nearly 180,000 vehicles from Hyundai, Kia, and BMW Korea due to software defects affecting braking and dashboard systems.
Yonhap InfomaxHyundai Motor Co. and Kia Corp. set a new January sales record in the US, with combined deliveries rising 7.7% year-on-year to 125,296 units, driven by strong SUV and hybrid demand, while EV sales declined.
#YonhapInfomax #HyundaiMotor #KiaCorp #USAutoSales #SUV #HybridVehicles #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103797
Hyundai Motor and Kia Post Record January US Sales, Up 7.7% Year-on-Year
Hyundai Motor Co. and Kia Corp. set a new January sales record in the US, with combined deliveries rising 7.7% year-on-year to 125,296 units, driven by strong SUV and hybrid demand, while EV sales declined.
Yonhap InfomaxHyundai Motor Co. and Kia Corp. sold a combined 553,000 vehicles globally in January, with Hyundai’s sales slipping 1% and Kia’s domestic sales jumping over 12% on strong demand for SUVs and new models.
#YonhapInfomax #HyundaiMotorCo #KiaCorp #GlobalSales #DomesticGrowth #SUVSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103390
Hyundai Sales Decline, Kia Rises—Global Sales Reach 553,000 Units Last Month
Hyundai Motor Co. and Kia Corp. sold a combined 553,000 vehicles globally in January, with Hyundai’s sales slipping 1% and Kia’s domestic sales jumping over 12% on strong demand for SUVs and new models.
Yonhap Infomax
Kia Expects $2.5 Billion in US Tariff Costs This Year—Sees Earnings Recovery Underway
Kia Corp. projects its US tariff burden will rise to $2.5 billion in 2026, but expects a medium-term earnings rebound as it manages cost pressures and targets higher North American sales.
Yonhap Infomax
Kia Left Behind in Stock Rally—Calls Grow for Bold Use of Record Cash Pile
Kia Corp. faces mounting calls to deploy its record $16.6 billion cash pile more aggressively, as its stock lags Hyundai Motor despite robust financials and declining debt.
Yonhap InfomaxKia Corp. reported a 32.2% drop in Q4 operating profit, marking its worst annual decline since 2017, as U.S. tariffs weighed on earnings despite record sales and revenue; the automaker targets a recovery in 2026 with increased focus on eco-friendly vehicles and enhanced shareholder returns.
#YonhapInfomax #KiaCorp #OperatingProfit #USTariffs #EcoFriendlyVehicles #ShareholderReturns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=102454
Kia Reports 32.2% Drop in Q4 Operating Profit—Worst Annual Decline in Eight Years
Kia Corp. reported a 32.2% drop in Q4 operating profit, marking its worst annual decline since 2017, as U.S. tariffs weighed on earnings despite record sales and revenue; the automaker targets a recovery in 2026 with increased focus on eco-friendly vehicles and enhanced shareholder returns.
Yonhap Infomax
Kia's Q4 Operating Profit Forecast to Drop 33% on Weak European Sales—When Will 'Momentum Disparity' End
Kia Corp.'s Q4 operating profit is forecast to plunge 33% on weak European sales, but 2024 prospects remain solid as robotics momentum becomes the new market focus.
Yonhap InfomaxSouth Korea's Ministry of Land, Infrastructure and Transport has announced voluntary recalls for 344,073 vehicles across 74 models from Hyundai Motor, Kia, Mercedes-Benz, and Porsche due to various manufacturing defects, including transmission and software issues.
#YonhapInfomax #HyundaiMotor #KiaCorp #MercedesBenz #VehicleRecall #ManufacturingDefects #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99892
Hyundai Motor, Mercedes-Benz, Porsche Voluntarily Recall 344,073 Vehicles Across 74 Models
South Korea's Ministry of Land, Infrastructure and Transport has announced voluntary recalls for 344,073 vehicles across 74 models from Hyundai Motor, Kia, Mercedes-Benz, and Porsche due to various manufacturing defects, including transmission and software issues.
Yonhap Infomax
Hyundai Motor's European Sales Rise 3.7% in November – Kia Declines 3.2%
Hyundai Motor Co.'s European sales rose 3.7% in November while Kia Corp. declined 3.2%, resulting in a slight increase in combined market share amid a growing European auto market.
Yonhap Infomax