Hyundai Motor (005380.KS) is internally looking to lift its U.S. vehicle sales by 10 percent next year, an executive said, underlining the South Korean company's high hopes for the revamped versions of the Genesis and the Sonata sedan.
Nov. 27 , 2013The planned stock market listing of Fiat's (FIA.MI) U.S. unit Chrysler will not take place this year, the Italian carmaker said on Monday, prolonging the uncertainty over its chances of buying out the rest of the company.
Nov. 27 , 2013General Motors Co (GM.N) investors are focused on the possibility of stock buybacks or a dividend on common shares now that the U.S. government has outlined its plans to sell the rest of its stake in the No. 1 U.S. automaker by year end, analysts said.
Nov. 26 , 2013No doubt that Korean auto is a winner of Chinese auto market this year. According to China Association of Automobile Manufacturers statistics, Korean car has sold 1.29 million accumulated from Jan to Oct this year, which has increased 21.96%.
Nov. 26 , 2013General Motors CEO Dan Akerson predicts that GM will gain U.S. market share in 2014 as a slew of new and redesigned vehicles hit the market.
Nov. 25 , 2013Nissan Motor Co (7201.T) on Friday announced that Fred Diaz will be promoted to senior vice president for sales and marketing for the Nissan brand in the United States as part of a management shakeup that involves 13 executives taking new positions.
Nov. 25 , 2013