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Hyundai Motor Expands Its Foothold in Brazil, Overtaking Toyota in Key Market

Hyundai Motor Expands Its Foothold in Brazil, Overtaking Toyota in Key Market

SEOUL, Dec. 14 (Korea Bizwire) — Hyundai Motor is strengthening its position in Brazil, the largest automotive market in South America, widening its lead over Toyota as competition among Asian brands intensifies. According to data released Sunday by the Brazilian vehicle distributors’ federation Fenabrave, Hyundai sold 182,948 cars in Brazil between January and November, capturing an [...]

GM Highlights Super Cruise and Battery Advances at First Tech Day in Korea

GM Highlights Super Cruise and Battery Advances at First Tech Day in Korea

SEOUL, Dec. 12 (Korea Bizwire) — General Motors offered a rare look at its next-generation mobility technologies in South Korea this week, showcasing its Super Cruise driver-assistance system, advanced battery platforms and software-defined vehicle innovations at the company’s first tech day in the country. The event, held Thursday at GM’s Exhibition Hall in Incheon and [...]

Hyundai Wins China’s Largest Hydrogen Bus Order in Guangzhou

Hyundai Wins China’s Largest Hydrogen Bus Order in Guangzhou

SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Group has secured an order to supply more than 200 hydrogen-powered buses to the Chinese city of Guangzhou, marking the biggest single hydrogen bus procurement deal in China to date, the group said Friday. Hyundai Motor’s Chinese hydrogen fuel-cell subsidiary, HTWO Guangzhou, together with Chinese commercial vehicle [...]

Hyundai Rotem Ships First Korean High-Speed Trains to Uzbekistan

Hyundai Rotem Ships First Korean High-Speed Trains to Uzbekistan

SEOUL, Dec. 10 (Korea Bizwire) — Hyundai Rotem Co., the train and defense subsidiary of Hyundai Motor Group, on Wednesday shipped its initial batch of high-speed train exports to Uzbekistan after completing production ahead of schedule, the company said. A send-off ceremony for the shipment was held in Changwon, some 300 kilometers southeast of Seoul, [...]

Hyundai Motor Group Nears Annual Sales Target for First Time in 11 Years as Tariff Risks Ease

Hyundai Motor Group Nears Annual Sales Target for First Time in 11 Years as Tariff Risks Ease

SEOUL, Dec. 10 (Korea Bizwire) — Hyundai Motor Group is on the verge of achieving its annual global sales target for the first time in more than a decade, helped by easing tariff pressures in the United States and surging demand for hybrid and electric vehicles in key overseas markets, the company said Tuesday. The group [...]

Hyundai Rotem Showcases K-Rail Technology at Major Moroccan Industry Summit

Hyundai Rotem Showcases K-Rail Technology at Major Moroccan Industry Summit

SEOUL, Dec. 9 (Korea Bizwire) — Hyundai Rotem Co., the defense and train subsidiary of Hyundai Motor Group, will participate in a major rail industry exhibition in Morocco to showcase a wide range of integrated railway solutions, the company said Tuesday. The company will participate in the two-day Rail Industry Summit Morocco to be held [...]

All Cube Satellites Deployed by Nuri Establish Ground Communication

All Cube Satellites Deployed by Nuri Establish Ground Communication

SEOUL, Dec. 8 (Korea Bizwire) — All 12 cube satellites deployed by South Korea’s homegrown rocket Nuri last month have established communication with ground stations, their developers said Monday, setting a new milestone following the successful fourth launch of the space rocket. The 200-ton Nuri blasted off from Naro Space Center in the country’s southern [...]