Hyundai Motor Group unveiled Monday a revised design for its much-touted new headquarters in Seoul, in an apparent display of willingness to build two 55-story buildings despite opposition from the city government.
LG Group revealed plans to invest 100 trillion won ($74.21 billion), while Hyundai Motor Group pledged to invest 68 trillion won into new growth businesses, according to the two conglomerates, Wednesday.
Hyundai Motor and Kia are in a dilemma over their labor union s repeated demands for a special bonus, as unionized workers threaten to suspend any extra work for the first 10 days in March unless management accepts their request, according to industry officials, Thursday.
Hyundai Motor and Kia are in a dilemma over their labor union s repeated demands for a special bonus, as unionized workers threaten to suspend any extra work for the first 10 days in March unless management accepts their request, according to industry officials, Thursday.
Hyundai Motor and Kia are forecast to achieve solid earnings growth in the third quarter on the strengthening dollar and solid sales in premium and sports utility vehicles (SUV) categories.