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Hyundai Motor shares fall more than 3 percent, lowest in more than a week

SEOUL (Reuters) - Shares in Hyundai Motor <005380.KS> extended falls to more than 3 percent in early trade on Tuesday, weighed down by the latest strength in the won currency and mounting concerns about labor relations, analysts said.Full story

Hyundai Motor aims to lift U.S. sales by 4 percent in 2013

SEOUL (Reuters) - South Korean automaker Hyundai Motor <005380.KS> aims to increase its U.S. sales by 4.4 percent to 734,000 vehicles this year from last year, in line with the market's growth, its chief financial officer Lee Won-hee said on Thursday. Full story

Ex-Audi designer becomes first foreign president of Kia Motors

SEOUL (Reuters) - Peter Schreyer, known for his design contributions to the iconic Audi TT, became the first foreign president of Kia Motors Corp <000270.KS> as the South Korean carmaker enters the next phase of its branding transformation. Full story

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Logo of Hyundai Motor is seen on the steering wheel of a car at a Hyundai dealership in Seoul
Logo of Hyundai Motor is seen on the steering wheel of a car at a Hyundai dealership in Seoul

The logo of Hyundai Motor is seen on the steering wheel of a car at a Hyundai dealership in Seoul April 25, 2013. REUTERS/Kim Hong-Ji

The logo of Hyundai Motor is seen on the wheel of a car at a Hyundai dealership in Seoul
The logo of Hyundai Motor is seen on the wheel of a car at a Hyundai dealership in Seoul

The logo of Hyundai Motor is seen on the wheel of a car at a Hyundai dealership in Seoul April 26, 2012. REUTERS/Kim Hong-Ji

File photo of worker at a plant of Hyundai Motor in Asan
File photo of worker at a plant of Hyundai Motor in Asan

A worker works at a plant of Hyundai Motor in Asan, about 100 km south of Seoul in this January 22, 2013 file photo. Korea Inc., like Japan 20 years ago, is hollowing out. Exporters like Samsung Electronics are shifting more and more production offshore, changing the shape of Korea's economy and t

Visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul
Visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul

A visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul April 25, 2013. South Korea's Hyundai Motor Co posted a 15 percent fall in its quarterly net profit, broadly in line with forecasts, as it was hamstrung by production stoppages and unfavourable currency moves. REUTERS/Ki