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Power surge: Chinese electric car battery maker charges for global market

A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. China's

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Power surge: Chinese electric car battery maker charges for global market

tucson

Blindsided by SUV boom, Hyundai Motor trims costs, perks

The South Korean automaker has been hit by its exposure to weak emerging markets, and a product line-up that features more sedans than sport utility vehicles, just as SUVs have become more popular across many global markets. Since October, Hyundai Motor Group executives have taken a 10 percent pay cut, the first such move in seven years. The number of executives at Hyundai Motor alone has risen by 44 percent in five

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Blindsided by SUV boom, Hyundai Motor trims costs, perks