Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE  >  Hyundai Hcn Co Ltd    126560   KR7126560002

HYUNDAI HCN CO LTD

(126560)
My previous session
Most popular
  Report  
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Hyundai Hcn : Auto Mall rep says talk of sale isn't true

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 09:20am EST

Feb. 12--A rumor the Hazleton Auto Mall was sold to another large local dealership was denied by one source on Monday.

Angela Thomas, of Prana Marketing, which has represented the company that owns the Auto Mall, said Monday afternoon, "This is not true."

But according to trade publication Automotive News, the Hazleton Auto Mall ownership group said in court filings Jan. 4 it has a prospective buyer for the Hyundai and Kia dealerships and is asking the court to allow the sale to proceed, as it would include payment of outstanding funds on its mortgages.

Hyundai Capital seeks to foreclose on Hazleton Kia and Hazleton Hyundai, the publication said. The Hyundai, Kia and and Nissan dealerships were closed at the Hazleton Auto Mall last fall.

Motors Holding Group, a company made up of seven domestic and Japanese automaker dealerships in the southeastern U.S. which was formed last year, signed asset purchase agreements on Dec. 6 for Hazleton Hyundai and Hazleton Kia, according to court records.

Gene Smith, managing director of Motors Holding Group, said in a letter Jan. 4 submitted as part of the foreclosure case the company is aware of the dealerships' deficiencies and lawsuits.

The Hazleton Auto Mall opened in 2016. Four auto dealerships -- Honda, Nissan, Kia and Hyundai, and their respective service departments -- were built on a 45-acre tract of land next to Walmart. The rest of the property is parking lots for the new autos.

The Honda dealership remains open and in operation.

Automotive News also said two Nissan dealerships owned by the same ownership group as the Hazleton Auto Mall has sold two Nissan dealerships in Michigan.

Contact the writer: jdino@standardspeaker.com 570-501-3585

___

(c)2019 the Standard-Speaker (Hazleton, Pa.)

Visit the Standard-Speaker (Hazleton, Pa.) at standardspeaker.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

Stocks mentioned in the article
ChangeLast1st jan.
HYUNDAI HCN CO LTD End-of-day quote.
NISSAN MOTOR CO LTD 0.28% 948 End-of-day quote.10.73%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HYUNDAI HCN CO LTD
07:43aHYUNDAI HCN : `Baby` Hyundai Kona coming in a few months
AQ
01:12aHYUNDAI HCN : Prosecutors raid hyundai offices
AQ
02/20HYUNDAI HCN : vehicle sales slowed in January
AQ
02/19HYUNDAI HCN : PH sales down 5% in January
AQ
02/19Honda reveals date for starting electric car production in Turkey
AQ
02/18HYUNDAI HCN : sales fall by 5% in January 2019
AQ
02/18HYUNDAI HCN : introduces world's first multi-collision airbag system
AQ
02/18HYUNDAI SANTRO : Nepals Favorite Family Hatchback, Launched in Nepal
AQ
02/18HYUNDAI HCN : India plans big in EV market
AQ
02/16HYUNDAI HCN : eMARINE Global Meets with Deputy Minister of Science and ICT at Ul..
AQ
More news
Financials (KRW)
Sales 2019 303 B
EBIT 2019 57,4 B
Net income 2019 48,5 B
Finance 2019 395 B
Yield 2019 1,29%
P/E ratio 2019 9,80
P/E ratio 2020 8,31
EV / Sales 2019 0,29x
EV / Sales 2020 0,14x
Capitalization 482 B
Chart HYUNDAI HCN CO LTD
Duration : Period :
Hyundai Hcn Co Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 5 600  KRW
Spread / Average Target 31%
EPS Revisions
Managers
NameTitle
Jeong-Seok Yoo Chief Executive Officer & Director
Ho-Jin Chang Director
Yong-Pyo Gong Outside Director
Min-Hui Park Director
Dong-Su Kim Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
HYUNDAI HCN CO LTD428
COMCAST CORPORATION10.98%171 036
WALT DISNEY COMPANY (THE)3.68%169 472
LIBERTY SIRIUS XM GROUP10.68%22 005
LIBERTY MEDIA FORMULA ONE4.68%22 005
CBS CORPORATION17.11%19 093