Hyundai Motor Shares Rise As Much As 10% On Ioniq EV Plan

Hyundai shares reached as much as to 162,000 won ($136.47) in a broader KOSPI market that was up 0.4% at 0122 GMT.

Toyota Ekes Out Weakest First Quarter Profit In 9 Years As Pandemic Halves Car Sales

Toyota's operating profit plunged 98% to 13.9 billion yen ($131.73 million) for the three months ended June, better than a consensus estimate for a loss of 179 billion yen drawn from a Refinitiv poll of seven analysts.

Thyssenkrupp taps 1 billion euro in state aid amid cash squeeze before elevator sale

Car makers and suppliers have scrambled to shore up their liquidity as car sales in Europe tumbled by more than 50% in March.

GM Takes Aim At Tesla With 'Ultium' Batteries And Fleet Of Electric Vehicles

GM shares were trading up about 2.3% at $31.24, still below the $33 a share price in its post-bankruptcy 2010 public offering.

Global Automakers Foray Into Indian Market With Big-Bang Investments, Groundbreaking Products

The years 2017-2020 may turn out be exemplary in the annals of the automotive industry as nearly 7-8 automakers would have either entered or are firming up plans to enter the Indian market in the next 1-3 years

Hyundai Invests $300 Mn In India Manufacturing

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