S.Korea's Kia plans to sell stake in a steel unit


SEOUL, July 28 (Reuters) - South Korea's second-largest automaker, Kia Motors Corp. , is seeking to sell some of its shares in a steel-making unit via block trades, a senior official of Hyundai Hysco said on Thursday. The stake to be sold represents 8 million shares in Hyundai, which sells steel sheets to its car-making affiliates, valued at 113.5 billion won ($110.1 million) at the current share price. Kim Won-kab, the vice chairman of Hyundai Hysco, told a meeting with analysts that ...

Premium Content (PAID Subscription Required)

"S.Korea's Kia plans to sell stake in a steel unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 23, 2018

Chrysler Pacifica 3.6L V-6 eHybrid – 2018 Award Acceptance

Mike Duhaime, director-electrified propulsion engineering at FCA, accepts Chrysler Pacifica Hybrid award at the 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×