SEOUL, Oct. 5 (Korea Bizwire) – Internal conflicts over job sharing among plants are deepening within the labor union at Hyundai Motor Co., with some unionized members even coming to blows during an argument over proceedings. The employment stability committee that the company’s management and labor union planned to host at Hyundai plant in Ulsan, [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korean carmakers are embracing a new marketing trend in which dedicated display space is set up for each model, a break from the past tradition of displaying various car models in a single showroom. Hyundai Motor Co. launched a new mini SUV Casper in the domestic market last [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Korean carmakers’ sales fell 21 percent last month from a year earlier as an extended global chip shortage and the COVID-19 pandemic continued to weigh on vehicle production and sales, industry data showed Friday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault [...]
SEOUL, Sept. 30 (Korea Bizwire) — Genesis, the luxury brand of Hyundai Motor Co., on Thursday unveiled the GV60, its first electric car built on a dedicated EV platform, ahead of its local launch later this year. The GV60 SUV is equipped with a 77.4 kilowatt-hour battery and can travel up to 451 kilometers on [...]
SEOUL, Sept. 29 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Wednesday launched a new mini SUV named Casper in the domestic market to diversify its lineup. The Casper comes with a 1.0-liter multi-point injection engine or a 1.0-liter gasoline direction injection engine, the company said in a statement. The mini model is equipped [...]
SEOUL, Sept. 27 (Korea Bizwire) — As more electric vehicles (EVs), both new and old, are being sold locally, South Korea is seeing a higher number of EV recalls caused by various defects. Rep. Park Sang-hyuk of the ruling Democratic Party said that 90,746 EVs were recalled last year, according to a report from the [...]
SEOUL, Sept. 24 (Korea Bizwire) — Hyundai Motor Group, the world’s fifth-largest automotive group, is speeding up the development of a variety of rescue vehicles that use hydrogen fuel cells and robotics to help save lives. At the Hydrogen Wave global online forum and the H2 Mobility+Energy Show events that were held this month, the [...]
SEOUL, Sept. 23 (Korea Bizwire) — A global shortage of chips used in autos is expected to have a limited impact on third-quarter earnings of South Korea’s top two carmakers Hyundai Motor Co. and Kia Corp., a market tracker said Thursday. The market consensus for Hyundai’s operating profit amounts to 1.78 trillion won (US$1.51 billion) [...]
SEOUL, Sept. 22 (Korea Bizwire) — The number of vehicles recalled in South Korea surpassed 2 million in the first eight months of this year, with more quality problems discovered in electric vehicles, government data showed Wednesday. A total of 1,829 models, which amount to some 2.24 million vehicles sold in the nation, were recalled [...]
SEOUL, Sept. 22 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp.’s environment friendly vehicle sales in the United States more than doubled in August compared with a year ago, led by solid demand for their hybrid sport utility vehicles, industry data showed Wednesday. Hyundai and Kia sold a combined 8,312 eco-friendly cars [...]