Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Industry experts predicts tough choices as NewJeans' ultimatum nears

    Industry experts predicts tough choices as NewJeans' ultimatum nears
  2. 2

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  3. 3

    Seoul city opens emergency care centers

    Seoul city opens emergency care centers
  4. 4

    Opposition chief acquitted of instigating perjury

    Opposition chief acquitted of instigating perjury
  5. 5

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  1. 6

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  2. 7

    [Exclusive] Hyundai Mobis eyes closer ties with BYD

    [Exclusive] Hyundai Mobis eyes closer ties with BYD
  3. 8

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  4. 9

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
  5. 10

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
소아쌤

Hyundai Motor chief says Genesis, eco-friendly cars key for survival

By Korea Herald

Published : July 18, 2016 - 11:13

    • Link copied

[THE INVESTOR] Hyundai Motor Group chairman Chung Mong-koo is scheduled to hold a meeting with some 60 heads of overseas operations at the Seoul headquarters on July 18 to discuss ways to elevate the carmaker’s slowing sales.

The meeting, held twice a year, comes after the nation’s largest carmaker -- the fifth globally -- suffered a 2.4 percent decline in sales in the first half of this year compared to a year ago. 
 
Hyundai Motor Group’s chairman Chung Mong-koo Hyundai Motor Group’s chairman Chung Mong-koo


In the January-June period, Hyundai Motor and Kia Motors sold a combined 3.85 million vehicles globally.

Industry watchers predict the Hyundai chief would make a strict direction to elevate car sales in the latter half amid economic uncertainties in Korea and overseas.

The carmaker had set this year’s sales goal at 8.13 million.

By Lee Ji-yoon (jylee@heraldcorp.com)

More from Headlines