- Reuters•3 days ago
SEOUL/NEW DELHI, July 22 (Reuters) - South Korea's Kia Motors Corp is expected to pick a site next month for its first factory in India, stepping up plans to start making cars in one of the world's fast-growing auto markets, two people familiar with the matter said. The move would enable Kia to leverage the existing supplier base of its affiliate Hyundai Motor Co, India's second-biggest automaker by sales.
- Reuters•4 days ago
Hyundai Motor, best known as a value automaker, launched Genesis as a standalone brand in November hoping to compete with the likes of Germany's BMW and Audi AG in the higher-margin premium segment. The store will be located at what will be South Korea's biggest shopping mall, Starfield Hanam, due to be opened later this year by retailer Shinsegae Group near Seoul, the carmaker said.
Hyundai Motor CompanyKSE
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