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Imported Car Sales in Korea Jump 32% in September, Driven by Tesla and Hybrid Demand

Imported Car Sales in Korea Jump 32% in September, Driven by Tesla and Hybrid Demand

SEOUL, Oct. 10 (Korea Bizwire) – Sales of imported vehicles in South Korea rose more than 30 percent in September from a year ago, driven by strong demand for Tesla and steady sales of hybrid and electric vehicles (EVs), industry data showed Friday. According to the Korea Automobile Importers & Distributors Association (KAIDA), the number [...]

Time Magazine Honors Hyundai’s Self-Driving Hydrogen Truck Among 2025’s Top Innovations

Time Magazine Honors Hyundai’s Self-Driving Hydrogen Truck Among 2025’s Top Innovations

SEOUL, Oct. 10 (Korea Bizwire) – Hyundai Motor Co. said Friday its autonomous hydrogen-powered truck, developed in partnership with the U.S.-based autonomous driving firm PlusAI, has been named by Time magazine as one of the best inventions of 2025. Hyundai’s Xcient Fuel Cell Class 8 heavy-duty truck, integrated with PlusAI’s Level 4 autonomous driving system, [...]

Sudden-Acceleration Claims Plummet as Drivers Admit Pedal Errors

Sudden-Acceleration Claims Plummet as Drivers Admit Pedal Errors

SEOUL, Oct. 10 (Korea Bizwire) — The number of car accident cases in South Korea claiming sudden unintended acceleration has dropped sharply this year, signaling a shift in public perception toward recognizing driver error as the more likely cause. According to data obtained by Rep. Jung Choon-saeng of the Rebuilding Korea Party from the National Forensic [...]

Kia to Test Purpose-Built Vehicle PV5 at Saudi Vision 2030 Resort

Kia to Test Purpose-Built Vehicle PV5 at Saudi Vision 2030 Resort

SEOUL, Sept. 29 (Korea Bizwire) — Kia Corp., South Korea’s second-largest carmaker, said Monday it will test its purpose-built vehicle (PBV), the PV5, in Riyadh for potential adoption in a local resort town. Kia has partnered with Red Sea Global (RSG), one of the developers of Saudi Arabia’s Vision 2030 Giga Project, which aims to [...]

Hyundai Gains Ground in Europe With Small EVs and SUVs

Hyundai Gains Ground in Europe With Small EVs and SUVs

SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor is making inroads into Europe’s most competitive markets, including France, Germany and the United Kingdom, where local and German brands have long dominated. The push is fueled by the popularity of its affordable Inster electric vehicle — sold in Korea as the Casper EV — and steady demand [...]

Hyundai Bets Big on Electrification and Software in $56 Billion Push Toward the Future of Mobility

Hyundai Bets Big on Electrification and Software in $56 Billion Push Toward the Future of Mobility

SEOUL, Sept. 18 (Korea Bizwire) — Thirty years ago, Hyundai Motor Co. was still shedding its image as a latecomer, eager to catch up with established automakers in the United States, Europe and Japan. Today, South Korea’s largest carmaker is aiming to leap ahead, announcing its most ambitious growth strategy yet: a 77.3 trillion won [...]

Hyundai Showcases Fusion of Art and Technology at ‘Zero1ne Day’ in Seoul

Hyundai Showcases Fusion of Art and Technology at ‘Zero1ne Day’ in Seoul

SEOUL, Sept. 16 (Korea Bizwire) — Hyundai Motor Group said Tuesday it will host a special technology-based exhibition in Seoul this week highlighting creative projects that explore the intersection of technology, art and mobility. The five-day event, named “2025 Zero1ne Day,” will run from Wednesday at the group’s multipurpose venue in eastern Seoul. It will [...]