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Hyundai Locks In Car Prices Through June to Ease Consumer Worries Over New Tariffs

Hyundai Locks In Car Prices Through June to Ease Consumer Worries Over New Tariffs

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 [...]

LG Electronics Partners with Kia for AI-Powered Mobility Solutions

LG Electronics Partners with Kia for AI-Powered Mobility Solutions

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 [...]

Hyundai Debuts All-New Nexo Hydrogen SUV at 2025 Seoul Mobility Show

Hyundai Debuts All-New Nexo Hydrogen SUV at 2025 Seoul Mobility Show

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 [...]

Porsche Korea Unveils First Mass-Produced Hybrid 911 at 2025 Seoul Mobility Show

Porsche Korea Unveils First Mass-Produced Hybrid 911 at 2025 Seoul Mobility Show

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 [...]

Mercedes-Benz Korea Unveils Second-Generation AMG GT at 2025 Seoul Mobility Show

Mercedes-Benz Korea Unveils Second-Generation AMG GT at 2025 Seoul Mobility Show

GOYANG, South Korea, April 3 (Korea Bizwire) —  Mercedes-Benz Korea unveiled the second-generation model of its high-performance two-door coupé, the Mercedes-AMG GT, at the 2025 Seoul Mobility Show, marking the vehicle’s first public appearance in the country. The new AMG GT will be offered in two variants: the gasoline-powered GT 55 4MATIC+ and the hybrid-powered GT [...]

South Korea and Japan Explore New Automotive Alliances Amid Global Industry Shifts

South Korea and Japan Explore New Automotive Alliances Amid Global Industry Shifts

SEOUL, April 2 (Korea Bizwire) —  Once fierce competitors in the global auto industry, South Korea and Japan may now find common ground as shifting geopolitical landscapes and the digital transformation of mobility open new paths for cooperation, a new report suggests. In its latest analysis titled “Strategies and Implications for Japan’s Auto Industry in an [...]

U.S. Auto Tariffs Raise Exit Fears for GM Korea as Market Pressures Mount

U.S. Auto Tariffs Raise Exit Fears for GM Korea as Market Pressures Mount

SEOUL, April 2 (Korea Bizwire) — The United States’ plan to impose25 percent tariffs on imported automobiles starting this week has ignited concerns over the long-term stability of GM Korea Co., the South Korean unit of General Motors (GM) Co., raising the possibility of its potential withdrawal from South Korea, industry observers noted Wednesday. GM’s [...]

Hyundai and Kia Post Record U.S. Sales Ahead of Looming Auto Tariffs

Hyundai and Kia Post Record U.S. Sales Ahead of Looming Auto Tariffs

SEOUL, April 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. reported record-breaking performances in the United States last month, extending their growth streak for the sixth consecutive month ahead of impending U.S. auto import tariffs, according to the companies Wednesday. Hyundai Motor’s U.S. sales rose 13.1 percent on-year to 87,019 units [...]