EghtesadOnline: SAIPA has signed a contract with Hyundai PowerTech Company, a subsidiary of the South Korean giant Hyundai Motor Co., for the production of gearboxes.
EghtesadOnline: South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of shareholders.
EghtesadOnline: The CEO of the Iran Khodro Diesel Company has announced the signing of a cooperation contract with the South Korean Hyundai Motor Company.
EghtesadOnline: The managing director of Kerman Motor Company said on Sunday that the South Korean Hyundai Motor Group is looking for safeguarding a stronger presence in Iran’s auto market.
EghtesadOnline: A consortium of five Iranian organizations and five major global corporations signed a contract and MoU Tuesday to joinly design and produce a modern platform in Iran.
EghtesadOnline: South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor, and plan to question the de factor head of Samsung Group SAGR.UL and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday.
EghtesadOnline: Hyundai Motor Co on Tuesday said its two new plants in China will produce environment-friendlier vehicles and models targeting the local market, as the South Korean automaker works to fend off competition from Chinese rivals.