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US President Joe Biden at the White House in Washington on Monday. The Mexican government has raised concerns about the Biden administration’s proposal to prohibit key Chinese software and hardware in connected vehicles on American roads over national security concerns. Photo: Reuters

Mexico warns US ban on Chinese car tech could hurt its automotive industry

US proposal would effectively ban the import of Chinese-brand vehicles – even if they were assembled in Mexico.

29 Oct 2024 - 5:41AMvideocam

Explainer | Which are the top EV brands and bestselling models in Hong Kong?

27 Sep 2024 - 10:48AM

South Korea’s family-run business empires

14 Jul 2024 - 9:00AM

South Korea’s 5 richest billionaires in 2024 – net worths, ranked

South Korea’s entertainment sector may rule the world, but it’s the tech and financial stakeholders that top the list of the country’s wealthiest individuals

24 May 2024 - 6:06PM

Samsung’s Lee Jae-yong and Hyundai’s Chung Mong-koo are two of the richest men in South Korea. Photos: AFP, EPA

Macroscope | South Korean companies increasingly see India as viable alternative to China

Sustained US-China tensions and other internal and external challenges have pushed South Korea to speed up diversifying its trade and investment. Despite significant hurdles to doing business, India has emerged as an attractive destination for Korean firms such as Samsung, LG and Hyundai.

10 May 2023 - 5:00AMvideocam

South Korean car manufacturer Hyundai to exit Russia

1 May 2023 - 9:31PM

Hyundai to slash combustion engine line-up, invest in EVs

Hyundai Motor Group, which houses Hyundai Motor and Kia and Genesis, aims to sell about one million EVs per year by 2025 to achieve a 10 per cent share of the global EV market.

27 May 2021 - 4:18PM

Hyundai Motor’s Cangzhou plant in Hebei province on November 15, 2019. Photo: Xinhua

BTS’ Jin is worth US$20 million – and this is how he spends it

The band’s oldest member has a VVIP Hyundai Black credit card – and he’s not afraid to flash it and splash it on lavish band dinners, Givenchy fashion and fabulous flats for himself and his parents

5 Dec 2020 - 12:19AMvideocam

Coronavirus crisis: cracks are showing in global supply chains

After decades of offshoring manufacturing to China, the disruption to supply chains caused by the Covid-19 outbreak may prompt some sectors to consider diversifying production. The car and smartphone industries have proved quite vulnerable.

19 Feb 2020 - 4:07AMvideocam

K-drama loves chaebols – but who are Korea’s real-life business heirs?

The top 31 chaebols, including LG and Hyundai, made 66 per cent of all South Korea’s exports in 2018 – but TV dramas aside, who are the country’s wealthiest, and most eligible, heirs?

24 Feb 2020 - 6:07PMvideocam

Park Seowon, vice-president of Oricom and CEO of Doosan Magazine, is one of the richest chaebol heirs in South Korea. Photo: YouTube.

Macroscope | Coronavirus will hit hard, but expect Asia’s economies to bounce back

The sharp impact of the epidemic on China’s economy will depress growth in the rest of emerging Asia via trade links and tourism flows. But quick action by central banks and policymakers will ensure the impact is temporary.

14 Feb 2020 - 10:14PMvideocam

A man wearing a protective face mask walks under a bridge near Merlion Park in Singapore on February 12. The Monetary Authority of Singapore has signalled there is room for further easing in response to weaker growth prospects due to the coronavirus. Photo: EPA-EFE

Hyundai, Pony.ai team up to launch robotaxi service in California

BotRide will start operations on November 4 with an initial fleet of 10 autonomous sport utility vehicles, providing free rides in the city of Irvine through January.

26 Oct 2019 - 10:11AMvideocam

Here are the six biggest rivals to Tesla in China

Do BYD, BAIC, SAIC and Nio sound like alphabet soup? Not in China, where these companies have dominated the world’s largest electric car market

20 Nov 2020 - 2:10PM

Billionaire succession fuels anger as ‘Hyundai Town’ faces China threat

The decline of Ulsan, once South Korea’s richest city, tells the story not only of the seismic forces shaking the global shipbuilding industry, but also a schism that is dividing the country over its vast, family-run conglomerates.

21 Aug 2019 - 1:52PM

Hyundai Heavy’s biggest shareholder, Chung Mong-joon. His son is being groomed for a top role in the business. Photo: AP

South Korean firms’ China exodus sets example to others fleeing trade war

South Korean firms Samsung, Lotte, Kia and Hyundai are winding down their China business due to political risks, tariffs and a loss of market share.

17 Dec 2019 - 1:41PMvideocam

The likes of Samsung, Lotte, Kia and Hyundai are gradually winding down their China business due to political risks, tariffs and losing market share. Illustration: Lau Ka-kuen

Void left by Chinese in offshore property draws in Koreans

Strict capital controls and Beijing’s belt and road push have led to a dramatic fall in Chinese investment in overseas real estate

19 Apr 2019 - 7:30AM

5 of the most beautiful and exclusive drinks bottles for Art Week

Whether Karuizawa’s Geisha Series or 1800 Tequila’s Essential Artists collection featuring the work of Jean-Michel Basquiat, this liquor is worth grabbing for the exclusive artistic packaging

30 Mar 2019 - 2:00PM

US states investigate Hyundai, Kia over vehicle fires

The South Korean carmakers have recalled more than 2.3 million vehicles since 2015 to address various engine fire risks.

19 Mar 2019 - 7:36AM

South Korea, Hyundai bet big on hydrogen technology

But analysts are not convinced it is the right move for the carmaker, which is fifth-largest in the world by sales but struggling to regain market share in the US and China.

7 Feb 2019 - 2:16PM

Trade war: BMW and Hyundai beg Trump not to put tariffs on auto imports

Hyundai said the duties would be “devastating” while BMW wrote to US Commerce Secretary Wilbur Ross.

3 Jul 2018 - 8:22PM

Analysis | Who’s winning the self-driving car race?

3 Jul 2018 - 10:04PM

Alphabet’s Waymo, which has run self-driving cars over 8 million kilometres in 25 cities and done billions more in computer simulation, is currently leading the pack of companies working on autonomous vehicles

Five innovative new cars for Hongkongers

21 Jul 2017 - 10:05PM

Five affordable compact cars

3 Jul 2018 - 10:04PM

Good, reliable cars that are worth their money for small businesses

7 Jul 2017 - 9:52PM

US auto sales tumble for the sixth straight month

3 Jul 2018 - 10:04PM

Fiat Chrysler Automobiles (FCA) Jeep vehicles are displayed for sale at a car dealership in Moline, Illinois. US auto sales were down for the sixth month running. Photo: Bloomberg

Hyundai, Kia sales in China halve amid THAAD spat

5 Apr 2017 - 11:05PM

A Hyundai vehicle for sale in Shanghai, China. Photo: Reuters

Hyundai Motor to build tallest building in Korea

2 Feb 2017 - 2:51PM

Hyundai Chairwoman to face prosecution probe

1 Nov 2016 - 11:33AM

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Hyundai

Founded in 1947, Hyundai was a South Korean conglomerate with activities spanning retailing, shipbuilding, car and truck making and property. It was broken up after the 1997 Asian financial crisis, and effectively reduced to container shipping services, elevator manufacture and tourism. And Hyundai Motor Group, Hyundai Department Store Group, Hyundai Heavy Industries Group and Hyundai Development are no longer connected to Hyundai Group.

last updated:

16 August, 2024