Hyundai Motorsport fans’ loyalties will be split this weekend as Sebastien Loeb heads for Rallye Vosges –– Grande Est in France, leaving his colleagues to round eight of the WRC at Rally Italia Sardegna.
Dani Sordo led Rally Italia Sardegna on Friday night as the captivating three-way battle in the FIA World Rally Championship took many twists and turns on hot and dusty Mediterranean island roads.
South Korea’s Hyundai Motor on Monday posted its steepest quarterly net profit gain in over seven years, as a weaker local currency helped lift US income, while new models boosted domestic sales.
Thierry Neuville won the last two morning stages in the Rally of Germany on Saturday but Ott Tanak retained his lead. Tanak, who heads the championship standings, had increased his edge by taking the second stage of the morning.
Hyundai Motor Group will invest $1.6 billion in a joint venture (JV) to develop self-driving vehicle technologies with Aptiv, the biggest overseas investment by the South Korean carmaker to catch up to rivals in the highly competitive autonomous car market.
South Korea’s Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market.