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By Joyce Lee and Heekyong Yang SEOUL, Jan 26 (Reuters) - South Korea's Hyundai Steel said in a regulatory filing on Monday its affiliate Hyundai-POSCO Louisiana LLC plans a capital increase worth $2.9 billion for facilities investment in a US steel plant.
A development-phase Hyundai Santa Fe test vehicle was destroyed after catching fire during road testing in South Korea. Fire crews fully extinguished the blaze, but not before the vehicle was engulfed and rendered a total loss.
The Council on Foreign Relations (CFR) is pleased to announce a $2.7 million endowment commitment from Hyundai Motor Group to establish the Chung Mong-Koo International Affairs Fellowship in the Republic of Korea.
Hyundai launched a new “EV Burden Down Promotion” plan in South Korea, offering discounts on the IONIQ 5, IONIQ
South Korea's top officials and Hyundai executives traveled to Canada to negotiate a $12 billion contract for new submarines. Competing against Germany, South Korea aims to leverage industrial and security ties with Canada,
Hyundai's South Korean union is strongly opposing the automaker's plan to deploy humanoid robots, warning of significant job losses. The union insists on labor-management agreement before any robot integration,