Topic

#car industry

Every story tagged #car industry on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Automotive

Oct 30, 20181 min read

Hyundai to set up $100 million hydrogen fund in China

Hyundai Motor has partnered with a Chinese institute to set up a $100 million fund for local investments in hydrogen technologies and related industrial infrastructure, the company said Monday. Hyundai Motor and the Beijing-Tsinghua Industrial R&D Institute…

Automotive

Oct 29, 20181 min read

Hyundai Motor net profit plummets 67%

Hyundai Motor’s operating profit plummeted 76 percent on-year in the third quarter as a recall in the U.S. and sluggish growth in major markets hurt the automaker’s bottom line. Korea’s No. 1 carmaker by sales announced Thursday that it posted 289 billion won…