Tag: hyundai
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Hyundai Motor India holds full year view, banking on new launches, demand recovery
July 30 : Hyundai Motor India on Thursday maintained its fiscal 2027 volume growth and operating margin outlook, expecting new launches and stronger demand for gas-powered vehicles to offset disruptions that hurt quarterly profit.The carmaker’s shares rose as much as 2.8 per cent after results before ending 1
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Hyundai Motor India posts quarterly profit drop as costs, production disruption weigh
July 30 : Hyundai Motor India reported a 35.1 per cent drop in first-quarter profit on Thursday, hurt by a jump in costs as well as a production disruption at its Chennai plant.The unit of South Korea’s Hyundai Motor reported a profit of 8.89 billion rupees ($92.96 million) for the quarter ended June 30, from
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Hyundai Motor reports 21% drop in Q2 operating profit, misses forecasts
SEOUL, July 23 : Hyundai Motor reported a 21 per cent fall in second-quarter operating profit on Thursday, missing analysts’ estimates, as weaker vehicle sales, production disruptions and higher costs outweighed support from a weaker won.Hyundai, which together with affiliate Kia Corp is the world’s third-big
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Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
SEOUL, July 16 : Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10 per cent, a move it said would help it deploy advanced robotics across its operations.Terms of the deal were not disclo
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Hyundai Motor Group to make Boston Dynamics wholly owned with purchase of SoftBank stake
SEOUL, July 16 : Hyundai Motor Group said on Thursday it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10 per cent — a move it said will help it deploy advanced robotics across its operations.Terms of the deal were not disclosed.
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Australia’s Ioneer signs MoUs with S Korea’s KIND, Hyundai Engineering for lithium-boron project
July 8 : Australian lithium miner Ioneer said on Wednesday that it has signed separate non-binding memorandums of understanding with South Korea’s KIND and Hyundai Engineering to help advance its Rhyolite Ridge lithium-boron project.Here are some details:• Under the MOUs, Korea Overseas Infrastructur
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Atlas, the humanoid robot, delivers match ball at World Cup
EAST RUTHERFORD, New Jersey, July 5 : The World Cup has seen superstars, pitch invaders, heartbreak and joy across its 96 years — and, on Sunday, it got a robot. Atlas, an advanced humanoid robot, stepped pitchside to deliver the match ball to the referee at halftime at New York New Jersey Stadium, where B
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Hyundai to buy SoftBank’s remaining stake in Boston Dynamics for $325 million, newspaper says
SEOUL, June 19 : Hyundai Motor Group plans to buy SoftBank Group’s remaining 9.65 per cent stake in Boston Dynamics for $325 million to make the U.S. robotics firm a wholly owned subsidiary, South Korea’s Maeil Business Newspaper reported on Friday. Hyundai Motor is expected to convene a board meeting on June
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