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Hyundai Chief to Return to South Korea
YAHOO
AP - The head of Hyundai Motor Co. plans to return to South Korea this weekend, the company said Friday, as prosecutors probe suspicions that the country's dominant automaker created slush funds to bribe government officials.
Hyundai News
Prosecutors arrest four people in Hyundai probe
YAHOO
AFP - Four finance company officials have been arrested as part of an investigation into bribery allegations involving South Korea's largest auto company, Hyundai Motor, prosecutors have said.
Kia Motors Chief Must Remain in S. Korea
YAHOO
AP - The president of Kia Motors Corp., a Hyundai Motor Co. affiliate, has been barred from leaving the country amid a widening probe into suspicions that South Korea's largest automaker may have created slush funds to bribe government officials.
Hyundai Motor sales up on exports, high-end models
YAHOO
Reuters - Hyundai Motor Co. (005380.KS), South Korea's top auto maker, said on Monday its March sales rose 13.2 percent from a year ago, led by higher exports and strong sales of new high-end sedans such as the TG Grandeur.
Hyundai News
Hyundai Chief Faces Corruption Probe
AHN
Hector Duarte Jr. - AHN Staff Reporter Miami, FL (AHN) – Prosecutors arrest the chief executive of Hyundai Motor’s logistics subsidiary, Glovis. He was taken in on corruption charges. It is suspected that Lee Ju-eun embezzled 7 billion won (US$6.73 million) in company money and...
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Top Hyundai Motor Executive Questioned
YAHOO
AP - Prosecutors said Wednesday they had questioned a top Hyundai Motor executive in a widening probe into suspicions the largest South Korean automaker created slush funds to bribe government officials.
Sources: YAHOO
Head of Hyundai Unit Arrested in Probe
YAHOO
AP - Prosecutors formally arrested the top executive of an affiliate of Hyundai Motor Co. on Tuesday in an investigation into suspicions that South Korea's largest carmaker created slush funds through its subsidiaries for bribery.
Sources: YAHOO
Hyundai News Hyundai plant to put Czech Republic in EU auto big leagues
YAHOO
AFP - The Czech Republic is set to join Europe's auto major league with an announcement by South Korean group Hyundai that it will site its first European plant at Nosovice, in the east of the country.
Sources: YAHOO
Hyundai, Kia shares fall after raid by prosecutors
YAHOO
Reuters - Shares of South Korean car companies Hyundai Motor Co. (005380.KS) and affiliate Kia Motors Corp. (000270.KS) fell on Monday after prosecutors raided their offices in a probe that local media tied to lobbying.
Sources: YAHOO
7 SUVs and 1 Pickup Pass Crash Tests
AHN
Denise Royal - AHN Staff Writer Washington (AHN) - Seven sport utility vehicles have earned the highest ratings in government crash tests. The 2006 models of the Ford Explorer, Honda Pilot, Hyundai Tucson, Mercedes Benz M-L-class, Nissan Murano and Subaru B-nine Tribeca all received five stars...
Sources: AHN
Hyundai News Kia Motor to build first US plant in Georgia
YAHOO
AFP - South Korea's Kia Motors Corp says it will set up a 1.2-billion-dollar plant in the US state of Georgia, as its parent Hyundai Motor Group seeks to globalize its production base.
Sources: YAHOO
Hyundai News Camp Girardi Shifts Into High Gear
YAHOO
AP - Among the cars parked in the players' lot Thursday at the Florida Marlins' spring training complex were a Kia, a Hyundai, two Buicks, two Impalas, a Jetta, a Chevy Cavalier and a new Ford Taurus.
Sources: YAHOO
Palestinian Brothers Now Political Rivals
YAHOO
AP - The city's best-known candidate campaigns in an armored Chevy Suburban with tinted windows and room for the ruling Fatah Party bodyguards who shadow him around the West Bank. One of his main rivals drives his own dented Hyundai with a green Hamas flag tied to the radio antenna.
Sources: YAHOO
Hyundai News Asian car makers wave US flag
YAHOO
AFP - Their names may be Toyota, Honda, and Hyundai, but Asian auto producers are using an emphatic "Made In America" sales pitch to muscle into the competitive US car and truck market.
Sources: YAHOO
Hyundai Motor sees 2006 operating profit up 6 pct
YAHOO
Reuters - Hyundai Motor Co. (005380.KS), South Korea's top auto maker, said on Tuesday it was targetting a 6.3 percent increase in 2006 operating profit to 1.9 trillion won ($1.94 billion).
Sources: YAHOO
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