Hyundai Motor Under Pressure to Look for Partner

Hyundai Motor, hit by the prosecution’s investigation and its union’s strikes this year, is now saddled with concerns from business alliances among global carmakers.
The triple alliance being discussed among General Motors, Renault-Nissan and Toyota Motor has been a severe pressure for Hyundai-Kia Automotive Group as it struggles to become the world’s No. 5 automaker by 2010.


Read Article

courtstone - 7/18/2006 4:45:51 PM

+1 Boost

Why does every automaker feel that they must merge with someone just because GM/Nissan/Renault are "in-talks" about a possible merger?

wwww - 7/20/2006 7:46:34 PM

+1 Boost

I bet Toyota will buy out Hyundai-Kia
or maybe Honda would buy Hyundai-Kia, since their logos are practially the same with hyundai's on an italic slant haha