According to Yonhap, Hyundai Motor Co. and Kia Corp. sold 131,032 electric vehicles in Europe in the first half of 2026, up 41.8% from 92,365 in the previous half, as the South Korean automakers stepped up their push to expand in the region. Kia's EV3 compact sport utility vehicle led sales with 27…
Record Q2 sales and revenue were driven by strong electrified vehicle growth and market share gains, despite global demand headwinds. Operating profit declined YoY due to higher incentives and FX impacts, but net profit rose and H2 guidance remains robust.Based on Kia Corporation [000270] Q2 2026 A…
Round-up of South Korean financial markets:** South Korean shares dropped more than 5% on Tuesday, dragged by chipmakers, as investors worried about whether record earnings driven by AI demand would be sustainable.** The benchmark KOSPI KRX:KOSPI was down 455.23 points, or 5.65%, at 7,596.10 as of…
Round-up of South Korean financial markets:** South Korean shares closed lower on Monday, as chipmaker SK Hynix fell ahead of its listing of $29 billion American depositary receipts on the Nasdaq.** The benchmark KOSPI KRX:KOSPI closed down 37.01 points, or 0.46%, at 8,051.33.** SK Hynix KRX:000660…
Round-up of South Korean financial markets:** South Korean shares fell on Monday, as technology shares lost momentum, with chipmaker SK Hynix preparing to list $29 billion American depositary receipts on the Nasdaq. The won weakened, while the benchmark bond yield fell.** The benchmark KOSPI KRX:KO…
