ULSAN, June 28 (Korea Bizwire) – Hyundai Motor Co. and its labor union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026. The agreement was reached in the 10th round of negotiations related to wages and working conditions held at the company’s plant in Ulsan, 299 kilometers southeast of Seoul. The [...]
SEOUL, Jun. 28 (Korea Bizwire) — Hyundai Motor Group said Friday it has ranked first place overall in the J.D. Power 2024 U.S. Initial Quality Study for vehicles sold in America. This year’s survey was conducted on 99,144 customers who purchased new vehicles between April 2023 and February with a questionnaire consisting of 227 items. [...]
BUSAN, Jun. 26 (Korea Bizwire) –Hyundai Motor Company has lifted the veil on its Casper Electric vehicle at the Busan Mobility Show, presenting what it calls a new standard for electrification and reaffirming its commitment to a hydrogen-based ecosystem. The South Korean automaker announced on June 27 that it would participate in the show, running [...]
BUSAN, June 27 (Korea Bizwire) – Renault Korea Motors Co., the South Korean unit of French auto group Renault S.A., on Thursday unveiled the Grand Koleos, its new hybrid SUV, as the company aims to overcome its prolonged sales slump in the country. Renault Korea’s new D-segment hybrid SUV made its debut at the 2024 [...]
BUSAN, June 27 (Korea Bizwire) – Kia Corp., South Korea’s second-largest automaker, unveiled its highly anticipated new pickup truck model Thursday that sports an exterior wrap design inspired by Australia’s diverse landscape. Kia’s Tasman was unveiled for the first time at the 2024 Busan International Mobility Show. The name of the vehicle was derived from [...]
SEOUL, June 26 (Korea Bizwire) – In a move that underscores the strong partnership between LG Group and General Motors (GM), LG Chemical and LG Energy Solution are set to become the first buyers of the Cadillac Lyriq electric vehicle in South Korea. Industry sources revealed on June 25 that LG Chemical and LG Energy Solution [...]
SEOUL, June 26 (Korea Bizwire) – In a move that underscores the strong partnership between LG Group and General Motors (GM), LG Chemical and LG Energy Solution are set to become the first buyers of the Cadillac Lyriq electric vehicle in South Korea. Industry sources revealed on June 25 that LG Chemical and LG Energy Solution [...]
SEOUL, Jun. 25 (Korea Bizwire) – Renault Korea is overhauling its customer engagement and sales strategies in preparation for the launch of its new hybrid mid-size SUV, the Aurora 1. According to Renault Korea on June 23, over 60% of visitors to the carmaker’s recently renovated flagship store Renault Seongsu are in their 20s and 30s. [...]
SEOUL, Jun. 25 (Korea Bizwire) — Over 6 out of 10 automobile owners consider choosing eco-friendly vehicles as their next car, a poll showed Tuesday. According to the poll conducted recently by consumer data platform Open Survey on 1,500 adults, 39.7 percent of car owners said they were considering a hybrid car primarily as their [...]
SEOUL, Jun. 25 (Korea Bizwire) – Hyundai Motor Company announced on June 24 that it has achieved the fastest time for a production electric vehicle at the prestigious Pikes Peak International Hill Climb in Colorado, held on June 23. The Pikes Peak International Hill Climb, often referred to as the “Race to the Clouds,” is the [...]