DIRS.INFO The most relevant business & tech news

☆ Hyundai Motor breaks ground on $1.5 bln EV plant in South Korea
▼ + stars: | 2023-11-13 | by ( Heekyong Yang | ) www.reuters.com time to read: +2 min

ULSAN, South Korea, Nov 13 (Reuters) - Hyundai Motor Co (005380.KS) on Monday broke ground on a 2 trillion won ($1.52 billion) dedicated electric vehicle (EV) plant in South Korea, as the automaker accelerate a shift to electrification. Hyundai Motor Group, which encompasses Hyundai Motor, Kia and Genesis brands, said in April it plans to launch 31 EVs by 2030. Hyundai Motor Group's Executive Chair Euisun Chung, Hyundai Motor's Chief Executive Officer and other officials, including the Ulsan Metropolitan City Mayor, attended the event to witness the ground breaking of the EV factory, the automaker's first new plant in South Korea in 29 years. The groundbreaking comes after Hyundai Motor said it would stick to its EV rollout plans - a contrast to some rivals that have pulled back on EV production due to cooling demand. Last year, Hyundai Motor Group broke ground on a $5.54 billion EV and battery plants in the U.S. state of Georgia.

Persons: Euisun Chung, Jaehoon Chang, Chang, 1,316.5100, Heekyong Yang, Ed Davies Organizations: Hyundai, Hyundai Motor, Kia Corp, Hyundai Motor Group, Kia, Genesis, Hyundai Motor's, Ulsan Metropolitan City Mayor, EV, General Motors Co, Chevrolet Silverado, GMC, Ford Motor, Tesla Inc, GM, Honda, Thomson Locations: ULSAN, South Korea, Ulsan, U.S ., Georgia, United States, Michigan, Mexico

A year has passed since Hyundai Motor Group broke ground on the $7.6 billion vehicle and battery plant, the South Korean automaker's first U.S. factory dedicated to producing EVs. The plant is being built parallel to Interstate 16 on a site that covers more than 2,900 acres (1,170 hectares). Tollison said suppliers opening shop in nine Georgia counties near the Hyundai plant will create another 6,000 jobs. It’s the largest economic development project in Georgia’s history. Pat Wilson, Georgia’s economic development commissioner, has said Hyundai is projected to have a direct payroll of $4.7 billion over the next 10 years.

Persons: ”, Oscar Kwon, Jose Munoz, ” Munoz, Tollison, Pat Wilson Organizations: Hyundai Motor Group, Korean, Hyundai, Metaplant, Economic Development Authority, LG Energy Locations: Georgia, U.S, Savannah

☆ Infineon signs semiconductor supply deal with automakers Hyundai, Kia
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

Infineon Technologies AG logo is seen during German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock's visit, in Dresden, Germany July 13, 2023. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBERLIN, Oct 18 (Reuters) - German chip manufacturer Infineon (IFXGn.DE) said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars. Infineon will build and reserve manufacturing capacity to supply silicon carbide and silicon power modules and chips to Hyundai and Kia until 2030, with the two carmakers to support the project with financial contributions, Infineon said in a statement. "This partnership not only empowers Hyundai Motor and Kia to stabilise its semiconductor supply but also positions us to solidify our leadership in the global EV (electric vehicle) market," Heung Soo Kim, Hyundai's Executive Vice President, said in a statement. Reporting by Rachel More, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Habeck, Annalena Baerbock's, Annegret, Heung Soo Kim, Rachel More, Louise Heavens Organizations: Infineon, REUTERS, Rights, Hyundai, Kia, Hyundai Motor, Thomson Locations: Dresden, Germany

☆ Hyundai Motor to make BAIC's ARCFOX electric cars in Beijing - report
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] A Beijing Hyundai sign is seen at an entrance to the Beijing Hyundai Motor plant in Chongqing, China October 8, 2018. REUTERS/Yilei Sun/File Photo Acquire Licensing RightsSEOUL, Oct 11 (Reuters) - Hyundai Motor has decided to produce Beijing Automotive Group Co's EV brand ARCFOX cars at its plant in Beijing in a bid for a breakthrough in a major market where it has been struggling to make a foothold, a news report said on Wednesday. The plan is for Beijing Hyundai Motor, a joint venture of Hyundai Motor (011760.KS) and Beijing Automotive Group (BAIC), to produce the ARCFOX vehicles, and the companies are discussing the details, the report cited the sources as saying. Beijing Hyundai Motor will likely oversee the design, production and quality control and use its plant in Beijing, the report said. When asked to comment on the report, Hyundai Motor said it was "currently reviewing various measures for EV production, but nothing has been decided," in a statement to Reuters.

Persons: BAIC, Jack Kim, Heekyong Yang, William Maclean Organizations: Beijing Hyundai, REUTERS, Yilei, Rights, Hyundai, Beijing Automotive, Korea Economic, Beijing Hyundai Motor, Hyundai Motor, Beijing Automotive Group, Reuters, Kia, Thomson Locations: Beijing, Chongqing, China, Rights SEOUL, Korea

☆ Hyundai Motor to adopt Tesla EV-charging standard from 2024 in US
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSEOUL, Oct 5 (Reuters) - Hyundai Motor Co (005380.KS) said on Thursday it has decided to adopt Tesla Inc's (TSLA.O) electric vehicle (EV) charging technology in the United States and Canada. That will give Hyundai EVs with NACS ports access to more than 12,000 Tesla Superchargers across the United States, Canada, and Mexico, the company said. Owners of existing and future Hyundai EVs with the current CCS will have access to the Tesla Supercharging Network starting in the first quarter of 2025. In June, Hyundai Motor said it would consider making its vehicles more readily compatible with the NACS charging system. Tesla's NACS is widely available, with the U.S. Department of Energy saying they make up about 60% of the fast chargers in the United States.

Persons: Andrew Kelly, Tesla, Hyundai's, Elon, company's superchargers, Jose Munoz, NACS, Heekyong Yang, Christian Schmollinger Organizations: Hyundai Kona, New York, REUTERS, Rights, Hyundai, Ford, General Motors, Nissan, Hyundai Motor, Hyundai Motor's, Global, CCS, Tesla Supercharging Network, U.S . Department of Energy, Volkswagen, Kia Corp, BMW, Thomson Locations: Manhattan , New York City, U.S, Rights SEOUL, KS, United States, Canada, Mexico

☆ Every 36 minutes, a child in the US is diagnosed with cancer. Here's how Hyundai is funding research to find a cure.
▼ + stars: | 2023-09-21 | by ( Sponsor Post | Created Hyundai Hope On Wheels With Insider Studios | ) www.businessinsider.com time to read: +5 min

Every September, the nation spotlights the need for more awareness and support in the battle against pediatric cancer. Hyundai Hope On WheelsFor 25 years, Hyundai has been on a quest to end childhood cancer with Hyundai Hope On Wheels. Hyundai Hope On Wheels has provided research and support grants to some of the nation's top pediatric hospitals and research centers. Hyundai Hope On Wheels celebrates 25 years with a $25 million donation to pediatric cancer research at the 2023 New York Auto Show . Click here for more information about Hyundai Hope On Wheels' efforts to end pediatric cancer.

Persons: —, Hope, Raynie Clark, Oliver Foster, John Guastaferro Organizations: Hyundai, Hyundai Hope, Hyundai Motor America, New York, Cancer, handprints, York Auto, Youth Ambassador, Humanity, Insider Studios Locations: New England, Las Vegas , Nevada, Bloomington , Illinois

Associated Press calculations show projected incentives will rise by more than $290 million from the $1.8 billion deal originally announced last year. The deal calls for Hyundai and battery maker LG Energy Solution to invest $7.6 billion in the Georgia plant and hire 8,500 workers by the end of 2031. It’s the largest economic development deal in Georgia history, and comes with the largest incentive package. If Hyundai didn't owe that much state corporate income tax, Georgia would instead give the company personal income taxes collected from Hyundai workers. The deal requires Hyundai to pay back a portion of the incentives if the company falls below 80% of promised investment or employment.

Persons: Pat Wilson, Wilson, Jobs, Jeff Amy Organizations: Hyundai Motor Group, South Korean, Associated Press, Hyundai, LG, Economic, Local, U.S Locations: SAVANNAH, Ga, Georgia, Ellabell, Savannah, Bryan County, U.S, United States, North America, Atlanta

The lawsuits come after thousands of Hyundai and Kia thefts that use a method popularized on TikTok and other social media channels. The cities suing Kia and Hyundai include New York, Cleveland, San Diego, Milwaukee, Columbus and Seattle. Kia and Hyundai vehicles represent a large share of stolen cars in many U.S. cities, according to data from police and state officials. Many Hyundai and Kia vehicles have no electronic immobilizers, which prevent break-ins and bypassing the ignition. In May, the automakers agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles.

Persons: Edgar Su, Immobilizers, David Shepardson, Angus MacSwan Organizations: Singapore, REUTERS, Rights, Korean, Hyundai Motor, Kia Corp, Hyundai, Kia, Traffic Safety Administration, Insurance Institute, Highway, Data, Thomson Locations: Singapore, New York, Cleveland, San Diego, Milwaukee, Columbus, Seattle, U.S

☆ Labor groups putting pressure on Hyundai's new Georgia EV plant and suppliers
▼ + stars: | 2023-08-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabor groups putting pressure on Hyundai's new Georgia EV plant and suppliersHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: Labor, Georgia EV, CNBC Locations: Georgia

☆ Hyundai Motor's union in South Korea votes on strike
▼ + stars: | 2023-08-24 | by ( Heekyong Yang | ) www.reuters.com time to read: +3 min

SEOUL, Aug 25 (Reuters) - Hyundai Motor's (005380.KS) unionised workers in South Korea on Friday vote on whether to hold a strike after two months of talks with the company over wage increase and extension of the retirement age stalled last week. If the union stages a strike, it would mark the first such action in five years related to wage negotiations at the South Korean carmaker, and could disrupt delivery of some popular vehicles which Hyundai has been struggling to ramp up due to prolonged component shortages. The voting result is expected at around 6 p.m. (0900 GMT), a union official at Hyundai Motor told Reuters, adding that the union will continue working-level negotiations with the management regardless of the vote. "South Korea has relatively low pension replacement rates, compared to other advanced countries in Europe. Unionised workers at Hyundai in South Korea held a four-hour strike for one day in July in support of its umbrella union's general strike, but it was not related to the union's wage negotiations with the management.

Persons: Ji, Kim Jinwoo, 1,328.0600, Heekyong Yang, Shri Navaratnam snd Michael Perry Organizations: Hyundai, Hyundai Motor, Reuters, Korea University's School of Law, Analysts, Korea Investment, Securities, Thomson Locations: SEOUL, KS, South Korea, Korean, Korea, Europe

☆ I drove Hyundai's luxurious new $70,000 electric SUV and saw why it's one of the best Tesla rivals yet
▼ + stars: | 2023-08-17 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I drove the Genesis GV60, a new compact electric SUV from Hyundai's luxury brand. A Tesla Model Y is just as likely to be owned by an obsessive early adopter as an Uber driver or your grandpa. The Genesis GV60. The Genesis GV60. The Genesis GV60.

Persons: Tim Levin, you've, Tesla, Elon Musk, they've, Kia EV6, it's Organizations: Tesla, EV, Neat, Hyundai, Elon

☆ Hyundai Motor's unit to buy General Motors' India plant
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsBENGALURU, Aug 16 (Reuters) - Hyundai Motor Co's (005380.KS) Indian unit will buy automaker General Motors' (GM.N) Talegaon plant in the western state of Maharashtra, a move that will allow the U.S. automaker to exit the country as well increase Hyundai's annual production. Through its Sriperumbudur facility outside Chennai city and now the Talegaon plant, Hyundai aims to increase its cumulative production capacity to one million units per year, it said on Wednesday. The company had a production capacity of 820,000 units in the first half of this year. The South Korean firm said it intends to upgrade the existing infrastructure at the Talegaon unit and start manufacturing in 2025. The plant currently has an annual production capacity of 130,000 units.

Persons: Wolfgang Rattay, Ashish Chandra, Sonia Cheema Organizations: Hyundai, REUTERS, Rights, General Motors, U.S, GM, Kia, Thomson Locations: Munich, Germany, KS, Maharashtra, Chennai, India, Bengaluru

☆ I took 2 500-mile drives in electric SUVs and experienced the good, the bad, and the ugly of EV road tripping
▼ + stars: | 2023-08-07 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

I took two 500-mile mini road trips this year in two different electric SUVs. Here's what I learned during my adventures in the Toyota BZ4X and Genesis GV60. At their worst, EV road trips can be frustratingly long and stressful ordeals. Charging can take a frustratingly long time in the wrong carThe 2023 Toyota bZ4X AWD Limited charging. I learned charging slowly while you're parked can make EV road trips more seamless.

Persons: Tim Levin, — Organizations: Toyota, Morning, EV, Toyota bZ4X AWD, DC, Consumer Locations: New York City, Washington, Cape Cod, Washington ,, New York

☆ This totally useless feature is my absolute favorite part of Hyundai's futuristic new Tesla rival
▼ + stars: | 2023-08-03 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

It's got a ton going for it, but its coolest feature is a silly glass orb. The glowing "Crystal Sphere" hides the gear shifter, then reveals it when you want to drive. For everyone else: The Genesis GV60 SUV comes jam-packed with dazzling tech like facial recognition, automated stop-and-go driving, and ultra-fast charging. You might think the Crystal Sphere could double as one of those old-school computer mice that predated touchpads, but it can't. The Genesis GV60.

Persons: It's, Tim Levin, Tesla, Kia EV6 Organizations: Morning

☆ I drove the $70,000 Genesis GV60: See inside the futuristic Tesla rival that has facial recognition and a crystal ball
▼ + stars: | 2023-07-31 | by ( Tim Levin | ) www.businessinsider.com time to read: +1 min

I drove the Genesis GV60, a new electric SUV from Hyundai's luxury brand. The GV60 Performance I tested costs around $70,000. I got to spend a few days this month testing one of the most exciting new Tesla rivals out there: the Genesis GV60. The small electric SUV from Hyundai's luxury offshoot packs quirky styling, a comfy interior, and all the tech you could ask for. Plus, the Performance model I drove — stickered at right around $70,000 — packed a serious punch whenever I floored it.

Persons: — stickered Organizations: Morning

☆ A key test for EV sales and the adoption curve is coming
▼ + stars: | 2023-07-30 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

The company says it will reach 400,000 cumulative units of EV production by early 2024 and that its EV business will reach profitability by 2025. "They have dozens of EV models over the next two to three years. watch nowAmong analysts who believe the stock is due for a bigger drop, expected EV sales disappointment is among the factors. But GM's EV plans come as Ford announced it is slowing down its plans to expand EV production to a 600,000 annual rate. "This will be the first year U.S. EV sales reach 1 million," Downey said.

Persons: Scott Mlyn, Brian Downey, Autotrader, Ford, Dan Ives, It's, they'll, Morgan Stanley, Adam Jonas, Mary Barra, Adam Jones, Colin Langan, Garrett Nelson, Chad Lyons, Lyons, Katie Minter, Rebecca Cook, Reuters Paul Jacobson, Jacobson, Ives, Downey, Tesla, Barra, they're, they've, Cox, Goodcarbadcar.net . Ford Organizations: Silverado, New York Auto Show, CNBC, General Motors, Cox Automotive, Kia, Porsche, Hyundai, Chevrolet Silverado, Wedbush Securities, Investors, GM, United Auto Workers union, Wall Street, Deutsche Bank, GMC Hummer EV, Chevy Silverado, GMC Sierra EV, Chevy Blazer, GMC, Blazers, Jaguar, Audi, North American, Reuters, EV, Cox, Ford's, Ford, Goodcarbadcar.net, Volkswagen, BMW – Locations: Detroit, Detroit , Michigan, U.S

☆ I drove a new Tesla rival that uses facial recognition and fingerprints instead of a key — but I think a regular key beats the futuristic feature 99% of the time
▼ + stars: | 2023-07-28 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I drove the Genesis GV60, a new Tesla rival from Hyundai's luxury brand. It's practically impossible to misplace your car keys if you buy the new Genesis GV60 SUV. The Genesis GV60. The Genesis GV60. The Genesis GV60.

Persons: Tim Levin, who's, robotically, I'm, it's, Ed Kim, Kim Organizations: Morning, Apple

☆ Electric cars aren’t just for the wealthy anymore
▼ + stars: | 2023-07-27 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

CNN —Thanks to a combination of new models, more production and new tax laws, electric vehicles are no longer just for the wealthy. Currently the “days supply” of electric vehicles – a measure of the number units on dealer lots relative to how quickly they sell – is now twice that of new vehicles overall. The biggest bargain among electric vehicles currently, whether you lease or buy, happens to be one that’s going away soon. A Chevrolet Bolt EV sits parked at a charging station at Stewart Chevrolet on April 25, 2023 in Colma, California. For almost $10,000 less, in terms of sticker price, Hyundai offers the soon-to-be redesigned Kona Electric.

Persons: Kia, Erik Pendzich, it’s, Mark Luxcombe, Wolters, “ There’s, ” Luxcombe, Brian Moody, Moody, ”, Stewart, Justin Sullivan, Kia EV6, Josh Lefkowitz, Tony Quiroga, Bing Guan, Quiroga, Chevrolet Bolt Organizations: CNN, General Motors, Ford, Hyundai, Kia, Volkswagen, GT, New York, Wolters Kluwer, Cox Automotive, Chevrolet Bolt, Stewart Chevrolet, GM, Angeles, Kona, EV, Chevrolet Locations: America, Colma , California, Los Angeles , California

[1/2] A Hyundai Kona vehicle is unveiled at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. PERFORMANCEHyundai said vehicle sales rose 8.5% to 1.06 million units in the second quarter, with EV sales soaring 47% to nearly 78,000 units. In the United States, Hyundai's biggest market, sales of green energy cars that include EVs and plug-in hybrids more than doubled to 46,000 units. Overall vehicle sales in the U.S. grew 14% to 225,000 units, led by sedans, while in South Korea, its second-biggest market, sales rose 13% to 206,000 units. Hyundai said last month it planned to boost EV production in the United States to three-quarters of its total production there by 2030 from just 0.7% now.

Persons: Andrew Kelly, Elon Musk, Kim Jinwoo, Zayong Koo, Refinitiv SmartEstimate, 1,279.1700, Heekyong Yang, Miyoung Kim, Jacqueline Wong Organizations: Hyundai, New York, REUTERS, Kia Corp, Korea Investment & Securities, EV, Thomson Locations: Manhattan , New York City, U.S, SEOUL, KS, United States, North America, South Korea

The Bolt does not align with GM's long-term EV technology strategy, but it is the Detroit automaker's best-selling and most affordable EV in North America, by far. Barra and GM officials did not say how much the new Bolt would cost or where it would be built. For GM, the Bolt has been the mainstay for its North American EV sales. In the first six months of this year, U.S. Bolt sales totaled 33,659 vehicles, outselling Ford's Mustang Mach-E, Hyundai's Ioniq 5 and other EVs from established automakers. Bolt sales rebounded this year after GM was forced to halt production of the car for nearly six months to fix problems linked to battery fires.

Persons: Rebecca CooK, Mary Barra, Barra, Sam Fiorani, EVs, Sandy Munro, Elon Musk, Fiorani, Bolt, Paul Lienert, Joseph White, Nick Zieminski Organizations: North American, REUTERS, General Motors, Chevrolet Silverado EV, Chevrolet, Detroit, GMC Hummer EV, GM, AutoForecast Solutions, Barra, Bolt, Munro & Associates, UAW, Thomson Locations: Detroit , Michigan, U.S, North America, United States, Ohio, Michigan, Orion, Detroit

☆ Car companies think fake vroom vroom sounds will make you want an electric car
▼ + stars: | 2023-07-21 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

Some car companies think that fake engine noises will get drivers to consider going electric. Hyundai and Dodge have both unveiled EVs that blast fake exhaust noises outside the car. Electric cars are inherently quiet. Last year, the brand showed off an electric concept car with a multi-speed transmission and a phony exhaust sound that mimics a supercharged V8 engine. "Automakers are responding to some enthusiasts' worries that electric cars have no soul," Ed Kim, president and chief analyst at AutoPacific, an automotive research and consulting firm, told Insider.

Persons: Bill Pugliano, Stringer, Dodge, EVs, Ed Kim Organizations: Hyundai, Dodge, Toyota, Wall Street, EV

☆ VIDEO: Hyundai's New Electric Car Blasts Fake Engine Noises
▼ + stars: | 2023-07-15 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Hyundai gave its sporty new electric SUV fake engine and exhaust sounds. The Ioniq 5 N also mimics the gear shifts of a gas car, even though EVs only have one gear. One of the most entertaining parts of driving fast cars may be going extinct as whisper-quiet electric motors slowly displace roaring engines. The Ioniq 5 N mimics the shifts of an eight-speed transmission. Hyundai also equipped the Ioniq 5 N with a system that mimics the gear shifts of a gas car.

Persons: EVs, Dodge Organizations: Hyundai

☆ EV sales: Hyundai overtakes GM, but Tesla's U.S. dominance continues
▼ + stars: | 2023-07-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Meanwhile, Hyundai — including the Kia brand that's owned by the same parent company — increased its EV sales by roughly 11% during that time to 38,457 units. GM, which was second in EV sales through the first quarter, more than quadrupled electric car and truck sales to 36,322 units through June compared with a year earlier. And Volkswagen more than doubled EV sales to 26,538 units sold through June. Scott Mlyn | CNBCGM's EV sales thus far have been disappointing, especially when it comes to new models with the automaker's "Ultium" battery technologies. Correction: GM was second in EV sales through the first quarter of this year.

Persons: Brandon Bell, Tesla, Andrew Frick, hasn't, Elon Musk, Musk, disappoints Hyundai's, Randy Parker, we're, Parker, Scott Mlyn, Cadillac Lyriq, Mary Barra, Barra, It's, —, Phil LeBeau, Lora Kolodny Organizations: Getty, Hyundai Motor, General Motors, Motor Intelligence, Hyundai, Kia, GM, Ford Motor, EV, Ford, U.S, Automotive, Biden, Hyundai Motor America, New York Auto Show, CNBC, GMC Hummer, Cadillac, Chevrolet, Aspen Ideas, Chevrolet Silverado, Detroit Locations: Austin , Texas, U.S, Mexican, Texas, North America, South Korea

☆ North Korea: "No intention to examine" Hyundai Group chief's bid to visit
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

SEOUL, July 1 (Reuters) - North Korea has no intention to "examine" South Korea's Hyundai Group chief's plan to visit the North's Mount Kumgang, the country's foreign ministry said in a statement on Saturday. Hyundai Group Chairwoman Hyun Jeong-eun has been seeking to visit North Korea in August and submitted applications to South Korea's unification ministry, Yonhap news agency reported on Friday, citing an unnamed official at the ministry. Hyundai's late founder, Chung Ju-Yung, was born in North Korea. Mount Kumgang is on North Korea’s east coast near the demilitarised zone separating the two countries. North Korea has long rejected criticism of its rights conditions as part of a plot to overthrow its rulers.

Persons: Kumgang, Hyun Jeong, Chung, Yung, Yoon Suk, Heekyong Yang, Sandra Maler, William Mallard Organizations: Korea's Hyundai, Hyundai, DPRK, Thomson Locations: SEOUL, North Korea, Korea, North Korea’s, Kaesong, Pyongyang

☆ Ogier leads Kenya's Safari Rally as Neuville retires
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

[1/4] Rallying - World Rally Championship - Safari Rally Kenya, Nairobi, Kenya - June 23, 2022 - A helicopter follows French Toyota driver Sebastien Ogier and co-driver Benjamin Veillas in action during side-by-side super special racing stage at Kasarani. REUTERS/Monicah MwangiJune 23 (Reuters) - Toyota's Sebastien Ogier led after the first leg of Kenya's Safari Rally on Friday while Hyundai's title contender Thierry Neuville smashed his car's suspension and retired from the day's action. Eight times world champion Ogier, who is competing part-time this season, was 22.8 seconds clear of team mate and 2022 winner Kalle Rovanpera after the day's six stages over rutted, rocky and sandy tracks. Except for the hybrid issue this morning we had a perfect day, so we can be happy," said the Frenchman, who had been only 2.5 seconds clear of Rovanpera at midday service in Naivasha. The rally, celebrating its 70th anniversary, started with a stage in Nairobi on Thursday.

Persons: Sebastien Ogier, Benjamin Veillas, Monicah, Toyota's Sebastien Ogier, Thierry Neuville, Ogier, Kalle Rovanpera, It's, Frenchman, Elfyn Evans, Neuville, Hyundai's Dani Sordo, Alan Baldwin, Toby Davis Organizations: Safari, Toyota, REUTERS, Belgian, Rovanpera, Thomson Locations: Kenya, Nairobi, Kasarani, Naivasha, Belgian Neuville, Sardinia, Neuville, Lake Naivasha, London

Search resuls for: "Hyundai's"

25 mentions found