SEOUL, April 17 (Korea Bizwire) — As speculation swirls over a potential withdrawal of General Motors (GM) from South Korea amid mounting pressure from U.S. tariff policy under the Trump administration, GM Korea has publicly rejected the rumors and reaffirmed its long-term commitment to the local market. Speaking at the media launch of Cadillac’s newly [...]
SEOUL, April 16 (Korea Bizwire) — Cadillac has officially unveiled its revamped flagship SUV, The New Escalade, in South Korea, signaling a major push to expand its luxury footprint in the competitive domestic market. At a media launch event held April 16 at the Ibex Studio in Gwangmyeong, Gyeonggi Province, the General Motors (GM) luxury brand [...]
SEOUL, April 15 (Korea Bizwire) — Hyundai Motor Co. said Tuesday it has launched a revamped model of the company’s long-running Avante compact sedan with upgraded convenience and driver assistance systems as standard features. The new Avante includes features such as button-start ignition, a welcome lighting system and a smart trunk function as standard across [...]
LG Electronics Co. said Monday it has been named the most creative supplier of the year by General Motors Co. (GM) for its outstanding innovation and collaboration. At GM’s 33rd Supplier of the Year Awards held last week, LG Electronics received the Creativity Team Award in recognition of its role in redefining in-vehicle entertainment and [...]
SEOUL, April 10 (Korea Bizwire) — Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, held an annual mobility tech show in the United States this week, highlighting its vision and investment strategy for the North American market. The company’s fourth Mobis Mobility Day event was held in Detroit on Wednesday (U.S. time), [...]
SEOUL, April 8 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung will deliver a keynote speech at a U.S. forum expected to be attended by many key industry figures, including the top executive of General Motors Co. (GM), event organizers said. The forum, Automotive News Congress, will be held Sept. 11 in Detroit [...]
SEOUL, April 5 (Korea Bizwire) — Hyundai Motor Co. will freeze prices of all new vehicles sold in the United States through early June, a move aimed at easing consumer concerns over rising costs following Washington’s imposing of25 percent duties on all imported vehicles, the automaker’s American subsidiary said. Hyundai Motor America (HMA) said in [...]
SEOUL, April 3 (Korea Bizwire) — LG Electronics Inc. said Thursday it has partnered with Kia Corp. to integrate its artificial intelligence (AI) mobility space solutions into Kia’s automotive technology. The collaboration aims to enhance customer-tailored mobility by incorporating AI-driven solutions and home appliances into Kia’s purpose-built vehicles (PBVs), according to LG Electronics. As the [...]
GOYANG, South Korea, April 3 (Korea Bizwire) – Hyundai Motor Company unveiled the fully redesigned version of its hydrogen fuel cell vehicle, the All-New Nexo, at the 2025 Seoul Mobility Show on Wednesday, marking the global debut of the next-generation model seven years after the original Nexo launched in 2018. Inspired by the hydrogen-powered concept N [...]
GOYANG, South Korea, April 3 (Korea Bizwire) — Porsche Korea debuted the new 911 Carrera 4 GTS at the 2025 Seoul Mobility Show on Wednesday, marking the domestic premiere of the automaker’s first mass-produced hybrid model in the iconic 911 lineup. The new variant, a significant milestone since the 911’s original launch in 1963, introduces a [...]