Advertisement
YOU ARE HERE: LAT HomeCollectionsHyundai Motor Co
IN THE NEWS

Hyundai Motor Co

BUSINESS
December 23, 1999 | From Bloomberg News
Ford Motor Co. said on Wednesday that it is interested in buying Daewoo Motor Co., prompting the South Korean government to solicit bids for its No. 2 auto maker rather than negotiate exclusively with General Motors Corp. Ford will send its top Asia executive, Paul Drenkow, back to Seoul to talk with holders of Daewoo Motor's bonds and loans in early January, a month after he began talks with the creditors. Daewoo has more than $16 billion in debt.
Advertisement
BUSINESS
July 9, 1999 | JOHN O'DELL, TIMES STAFF WRITER
The National Highway Traffic Safety Administration said Thursday it has begun an inquiry into the air bag-related deaths of seven children riding in Hyundai Motor Co.'s 1995-97 Accent economy cars. The agency has been concerned that air bags deploy and inflate with such force that the impact can injure or even kill a small child or adult.
BUSINESS
July 8, 1999 | ROBIN FIELDS, TIMES STAFF WRITER
Auto makers have tried just about everything to persuade women to embrace car buying, from running slick ad campaigns to redesigning door latches for long fingernails. Hyundai Motor America, stuck with a tiny budget and an enormous image problem, is taking an unconventional, grass-roots approach to winning female consumers.
BUSINESS
January 13, 1999 | JOHN O'DELL, TIMES STAFF WRITER
The giant Tuttle-Click Automotive Group has picked up franchises for Hyundai and Suzuki dealerships in the Irvine Auto Center, signaling renewed confidence in the two car makers. The Irvine-based chain had dropped the same franchises five years ago, citing poor sales. But American Suzuki Motor Corp.'s new mini sport-utility vehicle, the V-6 powered Grand Vitara, and Hyundai's improved quality and industry-leading warranty program are rekindling buyer interest.
BUSINESS
December 24, 1998 | Bloomberg News
Ford Motor Co., the world's second-largest auto maker, said it sold its 9.4% stake in bankrupt Kia Motors Corp., which was taken over this month by rival Hyundai Motor Co. Ford was Kia's largest shareholder, with a stake it valued in October at $110 million. Hyundai, South Korea's biggest auto maker, outbid Ford and other companies for control of Kia in October and later asked Ford to consider additional investments. Wednesday's sale made such investments less likely.
BUSINESS
September 24, 1998 | From Bloomberg News
Hyundai Motor Co., South Korea's largest auto maker, said it will offer one of the longest warranty packages in the industry to counter its reputation for poor quality and boost its U.S. sales. All 1999 Hyundai models will be covered by a five-year, 60,000-mile "bumper-to-bumper" limited warranty and a 10-year, 100,000-mile pledge on the powertrain. Hyundai extended its 24-hour roadside assistance program to five years from three years. In the first eight months of the year, Hyundai's U.S.
BUSINESS
September 24, 1998 | Bloomberg News
Hyundai Motor Co., South Korea's largest auto maker, said it will offer one of the longest warranty packages in the industry to counter its reputation for poor quality and boost its U.S. sales. All 1999 Hyundai models will be covered by a five-year, 60,000-mile bumper-to-bumper limited warranty and a 10-year, 100,000-mile pledge on the powertrain. Hyundai, whose U.S. arm is based in Fountain Valley, extended its 24-hour roadside assistance program to five years from three. Hyundai's U.S.
BUSINESS
April 7, 1998 | John O'Dell
Dogs may love trucks, but people buy them--in droves as auto makers have been discovering. Conventional wisdom is that, stories about higher insurance premiums and gas guzzling aside, car companies need pickups, minivans and sport utilities to compete in the United States. Hyundai clearly believes that--perhaps after looking at rival Kia, whose Sportage SUV accounts for almost 28% of its U.S. sales.
Los Angeles Times Articles
|