Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Hyundai Motor Co. and its affiliate Kia Corp. sold 93,998 vehicles in the US, up 3.1 percent last month from the previous year earlier due to strong demand for their SUV models.
Robust demand for Hyundai’s Tucson and Palisade SUVs, Genesis’ GV70 and GV80 SUVs, and Kia’s Sportage and Sorento SUVs buoyed the overall monthly sales result, the companies said.
Hyundai’s U.S. sales surged 10 percent to 47,872 units from 43,394 over the cited period, with its Genesis brand sales soaring 29 percent to 3,638 units.
However, Kia’s sales plunged 5.5 percent to 42,488 from 44,965.
According to Randy Parker, senior vice president in charge of national sales at Hyundai Motor America, high levels of consumer interest across Hyundai’s product lineup resulted in record-breaking January sales even during the global pandemic and microchip shortage.
To boost sales in the US, Kia will launch the all-electric EV6 sedan and the all-new Sportage SUV in the first half of this year.
Meanwhile, Hyundai will focus on promoting the pure electric IONIQ 5 and SUV models.
The affiliated companies Hyundai and Kia aim to sell a combined 7.47 million vehicles in global markets, up 12 percent from their sales of 6.67 million units last year.
