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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 Kia articles

U.S. – 2015 Kia Sedona pricing announced
The 2015 Kia Sedona is now available for order across the United States from 25,900 USD, as the company has recently announced. The all-new Kia Sedona is available at dealerships across ...
US pricing revealed for 2015 Kia Soul EV
The South Korean manufacturer has revealed the pricing details and other specs for the US bound 2015 Soul with electric drive. The battery-operated version of the best-selling model will be released ...
Kia Optima spied on the racetrack
The South Korean automaker is currently busy road and racetrack testing the prototypes of the completely refreshed 2016 Optima. The mid-size sedan is rumored to prepare for an official unveiling ...
Chengdu Motor Show – Kia reveals K4 sedan
China’s Chengdu Motor Show has been rather full with new announcements of important foreign automakers. It’s true that – obviously – most of them were related to China-only models, but ...
Refreshed Kia Sorento aims for sales increase
The recently unveiled Kia Sorento SUV – slated for the official public release during October’s Paris auto show – is tentatively targeted for worldwide sales of 270,000 units in 2015. The ...
Kia officially reveals Mexico plant investment
The South Korean automaker is now exiting an unofficially capped investment period, announcing it’s the latest company to join the Mexico auto plant spree. Kia Motors Corp., a subsidiary of Hyundai ...
Report – Kia is going to build a new factory in Mexico
With a great business climate thanks to numerous commercial agreements and with low labor costs, Mexico has been the place to go for automakers aiming to establish new plants in ...
2015 Kia Sportage gets priced in the U.S.
The 2015 Kia Sportage has been updated for the new model year and it now gets a small price bump. Kia has officially updated the Sportage for the 2015 model year. ...
Kia Soul becomes the latest car choice for Pope Francis
The 77-year-old has been displaying a preference towards small or compact rides, in a departure from the usual “Popemobiles” of the past – like the well known custom-built, bulletproof Mercedes-Benz ...



latest automotive news
FIA could ease radio clampdown in Singapore
Sep.18 (GMM/Inautonews.com) The FIA could back down over its newly-imposed radio communications ban. It was the hot topic of controversial ...
Alonso, Vettel fend off seat swap rumour
Sep.18 (GMM/Inautonews.com) Fernando Alonso and Sebastian Vettel on Thursday batted away the most recent 'silly season' speculation. Earlier this week, ...
Ecclestone takes blame for radio clampdown
Sep.18 (GMM/Inautonews.com) As day turned to night in the floodlit Singapore paddock, the big talking point was the FIA's ...
BMW i8 lapped Hockenheim in 1:15
The BMW i8 has been recently taken out for a spin on the famous Hockenheim track where the model managed ...
Recall roundup: Fiat 500L for airbag problems
Fiat has issued a recall for the 500L vehicles because of a problem with the driver’s knee airbag, which can ...
2015 Cadillac ATS Coupe configurator introduced
Cadillac has introduced the online configurator for the 2015 ATS Coupe, in the United States, where the model in question ...
Volvo XC90 R-Design officially unveiled
Volvo has pulled the wraps off the sportier R-Design version of the new-gen XC90, as the model in question will ...
EXCLUSIVE: Dacia Sandero RS to be sold as a Renault, will not reach Europe
The rumored Dacia Sandero RS has been recently confirmed by the car manufacturer but the model in question will be ...
[VIDEO] See the Mercedes-Benz AMG GT on the Bonneville Salt Flats
Mercedes-Benz has released a new video with the recently unveiled AMG GT, where the sports car is being shown in ...
[VIDEO] Lamborghini Huracan revving
A new video with the recently unveiled Lamborghini Huracan is showing the newest supercar in the company’s lineup while revving ...
Fiat 500X leaked once more
The Fiat 500X has leaked once again ahead of its public debut which will take place next month, during the ...
Ferrari LaFerrari for sale
A brand new Ferrari LaFerrari is currently being offered for sale in Dubai for a whopping 3.4 million USD. If you ...
BMW 518d and 520d get updated
BMW has announced a series of updates for the 518d and for the 520 on its local auto market. The BMW ...
GM recall problems are far from over
Recently, with the number of recalls coming from the No.1 US automaker, insiders hinted the company is ready to put ...
[VIDEO] Mercedes-Benz CLA Shooting Brake spied on the Ring
The brand new Mercedes-Benz CLA Shooting Brake has been recently taken on to the famous German track the Nurburgring, where ...
US: automakers supporting autonomous and connected advancements at the University of Michigan
Most of the global automakers have embarked into a form of research or development towards the next generation of vehicles: ...
Dodge Challenger SRT Hellcat is returning 22 mpg
The recently unveiled Dodge Challenger SRT Hellcat is capable of delivering 22 mpg, as the car manufacturer has recently announced. The ...
Opel Adam S unveiled for Paris
The brand new Opel Adam S has been officially unveiled as the model in question will be making its public ...