SEOUL, Sept.16 (Korea Bizwire) – As Hyundai Motor Company recently announced plans to mass-produce extended-range electric vehicles (EREVs), the battery industry is closely watching the potential impact of this emerging technology. While the market viability of EREVs remains to be fully proven, there’s growing optimism that the expansion of this sector could provide a much-needed boost [...]
SEOUL, Sept. 13 (Korea Bizwire) — Unionized workers of Renault Korea Motors Co., the South Korean unit of French auto group Renault S.A., began a full-scale strike Friday, as little progress was made in wage talks, company officials said. The union of Renault Korea has been on a partial strike since Tuesday over the wage [...]
SEOUL, Sept. 12 (Korea Bizwire) – Bentley, the British luxury automaker, has launched the fourth generation of its flagship sedan, the Flying Spur, in South Korea, choosing the country for the model’s global premiere. On September 11, Bentley Motors Korea held a media launch event at the Bentley Tower in Dongdaemun-gu, Seoul, to introduce the latest [...]
SEOUL, Sept. 11 (Korea Bizwire) – Volkswagen’s official dealer in South Korea announced on September 10 the launch of a limited edition model that maximizes the dynamic appeal of the Golf GTI. The new Golf GTI Limited Edition is set to captivate enthusiasts with its enhanced aerodynamics and exclusive design elements. This special edition model features [...]
SEOUL, Sept. 10 (Korea Bizwire) — Kia Corp. has ranked first among automotive brands operating in India in terms of overall customer experience, the South Korean company said Tuesday, citing local industry data. According to Kia, the company ranked first, with a score of 45.84 percent, in the overall customer experience index survey conducted by [...]
SEOUL, Sept. 6 (Korea Bizwire) – BMW Korea is maintaining a lead in South Korea’s imported vehicle market so far this year, industry data showed Friday, as main rival Mercedes-Benz Korea is faced with a brand reputation setback after a massive fire that broke out from one of its electric vehicles. According to the Korea [...]
SEOUL, Sept. 5 (Korea Bizwire) – Hyundai Motor Company has pulled back the curtain on its 2025 Ioniq 5 electric vehicle, a test version produced at its new manufacturing plant in Bryan County, near Savannah, Georgia. The unveiling, which took place on September 3 at a local dealership, marks a significant step in the South Korean [...]
SEOUL, Sept. 5 (Korea Bizwire) – Audi, once a dominant player in South Korea’s imported car market, is facing a series of challenges that threaten its position in the country. The German luxury automaker, previously part of the “Big Three” German premium brands alongside BMW and Mercedes-Benz, is grappling with plummeting sales and the closure of [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean automaker KG Mobility Corp. said Thursday it has partnered with general trading firm STX Corp. to supply over 2,000 Rexton Sports pickup trucks to the Peruvian Army by next year. Under the partnership, KG Mobility’s initial supply to the Peruvian Army will consist of around 400 units [...]
SEOUL, Sept. 4 (Korea Bizwire) – Volvo Trucks, the Swedish commercial vehicle manufacturer, is bringing its latest line of fuel-efficient heavy-duty trucks to the South Korean market. The company announced the domestic launch of its FH Aero lineup at a media briefing held on September 4 in Seongdong-gu, Seoul. The FH Aero is the latest iteration [...]