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South Korea: Hyundai’s record headquarters bid sends shares spiraling


The automaker, the largest in the country, has agreed to pay a record $10 billion (6.1 billion pounds) to get a trophy property in Seoul's high-end Gangnam district for its brand new headquarters. The carmaker entered a bidding war with local electronics giant Samsung Electronics Co Ltd and prompted some investor concern about the way the company decides to spend its ...
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More Hyundai articles

2015 Hyundai Santa Fe arrives in Australia
Hyundai has announced the launch of the 2015 Santa Fe in Australia, where the cheapest version of the model is available for order from 38,490 AUD. According to the car manufacturer, ...
Report – Hyundai plans two new China factories instead of one
According to sources that have knowledge of the plans, South Korea’s Hyundai Motor is mulling the expansion of its manufacturing footprint in China and aims to build not one, but ...
Hyundai to boost sales of base line-up with three-door i20 version
The South Korean automaker has gained a global following thanks to affordable, well-equipped and “honest” models, but as the company evolves to become a true mainstream carmaker, the range of ...
Hyundai reveals new details and pictures for European i20
The South Korean automaker released last month the first few pictures and details about the second-generation of the European B-segment vehicle, and has now moved to add further details and ...
Hyundai previews the European light commercial vehicle H350
Just recently our spy photographers caught a glimpse of the models’ disguised looks and now the South Korean automaker has decided to offer us a preview of the model that ...
Hyundai Transporter van caught testing
Together with the often leaked and spied third generation of the ix35 compact SUV, our spy photographs also caught a new model from the South Korean automaker. It’s not a ...
Hyundai ix35 caught in the Southern Europe
Hyundai’s compact SUV vehicle has been photographed by our spies yet again, this time wearing a thinner armor of camouflage while undergoing testing procedures in the Southern part of Europe. The ...
Hyundai plans Nissan Juke rival too
The newest carmaker to plan a new compact crossover is Hyundai which should be introducing its new model over the next few years. The Nissan Juke was a real path opener ...
South Korea: Hyundai enters new talks after weekend worker boycott
Officials from the automaker’s management team are scheduled to meet with the employees' union to resolve the differences over salaries after the weekend shift was lost to a strike. According to ...



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