SEOUL, Nov. 15 (Korea Bizwire) — Hyundai Motor Co. said Sunday it will begin the sale of the GV80 SUV under its independent Genesis brand in the United States within this year to support sales despite the coronavirus outbreak. Hyundai launched the GV80 SUV in South Korea in January and plans to introduce the first [...]
SEOUL, Nov. 14 (Korea Bizwire) — General Motors Co. said Saturday it has decided to recall electric vehicles equipped with batteries made by South Korean producer LG Chem Ltd. due to safety concerns. The recall covers the Bolt EV produced from 2017 to 2019, installed with LG Chem’s batteries made from Ochang, 120 kilometers south [...]
SEOUL, Nov. 13 (Korea Bizwire) — Kim Young-rim loves to travel abroad, but she had to give up her holiday plan this year due to the prolonged coronavirus pandemic. The outgoing interior designer recently bought a Ford Explorer, a seven-seat sports utility vehicle (SUV), from a local used car dealer, and hit the road with [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it will work with Singapore’s national utility SP Group to promote electric vehicles and establish charging infrastructure in the Southeast Asian country. Hyundai Motor has signed a business cooperation agreement with SP Group to supply its electric vehicles to Singapore and seek [...]
GAPYEONG, Nov. 11 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., will focus on promoting SUV models to revive sales amid the coronavirus pandemic, the company’s country manager said Wednesday. Renault Samsung has suffered a sharp decline in sales this year in Asia’s fourth-biggest economy due to lack of [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Tuesday it will produce the all-new Tucson SUV in its U.S. plant to meet local demand for SUV models. Hyundai Motor plans to produce the 2022 Tucson gasoline and gasoline hybrid models in the Alabama plant next year for the sale of the [...]
SEOUL, Nov. 10 (Korea Bizwire) – Hyundai Motor Group, the world’s fifth-biggest carmaker by sales, said Tuesday it will use U.S. chipmaker Nvidia’s in-vehicle Drive system across all of its vehicles from 2022. The South Korean carmaker will apply the Nvidia Drive “connected car” platform to all of its upcoming models from Hyundai Motor Co., its [...]
SEOUL, Nov. 6 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. ranked fourth in global electrified vehicle sales last year, helped by increased exports, industry data showed Friday. Hyundai and Kia sold a combined 350,000 electrified models in global markets in 2019, up 25 percent from a year earlier, the Korea [...]
SEOUL, Nov. 6 (Korea Bizwire) – GM Korea Co., the South Korean unit of General Motors Co., said Friday it will reconsider investing in its main plant as its union continues to strike for higher wages. GM Korea will “reconsider making an investment in the company’s No. 2 Bupyeong plant for the production of a next-generation [...]
SEOUL, Nov. 4 (Korea Bizwire) — SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., on Wednesday launched the all-new Rexton SUV in the domestic market to boost sales amid the COVID-19 pandemic. The new Rexton SUV comes with a 2.0-liter diesel engine and an eight-speed automatic transmission, replacing the [...]