Mr Ümit Karaarsalan chairman of the Hyundai Assan said that South Korean Hyundai is set to produce 50,000 units of its new i10 and sedan models in addition to plans of building a research and development facility and launching motor ...
Tags: Hyundai, New Model, Turkey, automobile
PTI reported that Hyundai Motor India Ltd 2.48 % fall in total sales at 47,833 units in December 2012. HMIL in a statement said that the company had sold 49,050 units in the corresponding month previous year. In the domestic market, the ...
Tags: Hyundai Motor India, total sales, December, 2012, cars
The US Department of Commerce has announced the initiation of administrative reviews of antidumping and countervailing duty orders with a November anniversary date. The DOC initiated the following administrative reviews of AD orders ...
Tags: Pipe, Plate, Sheet Product, steel, US
Molycorp (NYSE:MCP) has seen its share price sink to abysmal lows following numerous problems in 2012, leaving the American rare earth producer a highly appealing takeover target. Bloomberg reports that Molycorp, which owns the USA's ...
Tags: Molycorp, share price, rare earth, America
Bloomberg reported that antitrust body fined POSCO, Hyundai Hysco Co and five other South Korean steelmakers were fined a combined KRW 291.7 billion (USD 273 million) for fixing the price of some products. The Fair Trade Commission ...
Tags: antitrust body, POSCO, Hyundai Hysco Co, fine, price fixing
It is reported that Hyundai Steel Company issued a USD 17.2 million letter of credit to Australian iron ore company Pluton Resources against the purchase of four shipments commencing in August 2013. Mr Tony Schoer MD of Pluton Resources ...
Tags: Hyundai Steel Company, Australia, iron ore, Pluton Resources
The US Department of Commerce (DOC) has announced the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a November anniversary date. The DOC initiated the following administrative reviews ...
The 2012 Australian new car sales figures in total are listed below with a segment breakdown following. 2012 Light Car Segment Winners: Toyota Yaris (18,808 – 13.9%) Mazda2 (17,574 – 13%) Hyundai i20 (13,339 – ...
Tags: New Car Sales, Hyundai, Porsche, Honda
The light or city car segment had a modest sales increase of 3.9 percent overall in 2012 compared to 2011 with sales remaining relatively consistent across the field. For light cars under $25,000, the Holden Barina (up 50.5 percent to ...
Tags: Car Sales, Light Cars
The Korean largest steelmaker Posco and the biggest automaker Hyundai Hysco Co. together with five other steelmakers of the country were fined by its antitrust body for a total amount of 291.7 won billion (US$273 million) for fixing the ...
Tags: Korean, steelmaker, Posco, automaker, Hyundai Hysco Co, monopolization
Nissan Australia sold a record number of new vehicles in 2012 on the back of aggressive marketing and financing campaigns that produced strong SUV and ute sales. Nissan sold 79,787 new cars, SUVs and light commercial vehicles across the ...
Tags: Nissan Australia, sales record, company news, car sales
Although synonymous with Germany, the Ford Focus now has stronger links to Tom Yum Goong than to sauerkraut. The switch to Thai production in August saw the introduction of the Focus Mk2, which debuted Ford’s hands-free Sync ...
Tags: Ford Focus, car review, car price, new car
Revolutionary vehicle designer Peter Schreyer has been elevated to the position of president at Kia Motors Corporation. German-born Schreyer is the first foreigner to assume the role at the South Korean company, and becomes one of three ...
Tags: Kia, Peter Schreyer, Kia Motors, company news
Affordable mid-sized family cars have outperformed their luxury counterparts in the latest round of crash testing by the Insurance Institute for Highway Safety (IIHS) in the US. Thirteen out of 18 'moderately priced' mid-sized cars were ...
Tags: Honda, Suzuki Kizashi, Luxury Cars, car industry
Sales of medium cars surged beyond those of large cars in Australia for the first time in 2012,with the locally produced Toyota Camry leading the charge. After coming up just short of the large-car segment in 2011(75,984 versus ...
Tags: Medium car, Australia, Toyota, Benz, BMW