SEOUL, Nov. 1 (Korea Bizwire) — LG Electronics Co. said Wednesday that it will provide its in-vehicle infotainment system for two models of Hyundai Motor Co.’s luxury brand Genesis. The 2024 Genesis G80 and the new GV80 Coupe will be equipped with LG’s webOS for Automotive platform, streaming a variety of content, including YouTube, from [...]
SEOUL, Oct. 30 (Korea Bizwire) –The inaugural “hydrogen-powered cleaning vehicle” is set to make its debut in Dongjak-gu, Seoul. Until this point, hydrogen-powered vehicles were primarily limited to passenger cars, buses, and cargo vehicles. However, this marks the first instance where a specialized hydrogen vehicle is designed for waste collection and transportation purposes. These innovative [...]
SEOUL, Oct. 30 (Korea Bizwire) — Exports of passenger cars moved up 16 percent in the third quarter of 2023 from a year earlier following robust demand for eco-friendly models, data showed Monday. South Korean carmakers shipped US$14.6 billion worth of passenger cars over the July-September period, rising from $12.6 billion tallied a year earlier, [...]
SEOUL, Oct. 30 (Korea Bizwire) – Hyundai is on the cusp of achieving double-digit market share in the U.S. electric vehicle (EV) segment. It’s intriguing to observe whether Hyundai can solidify its position as a pioneer in the American transition to electrification. During the third quarter of this year, Hyundai successfully sold 21,638 electric vehicles in [...]
SEOUL, Oct. 26 (Korea Bizwire) — Kia Corp., Ford Sales & Service Korea and four other car companies will voluntarily recall over 75,000 vehicles due to defective components, the transport ministry said Thursday. The companies, which also include Hyundai Motor Co., BMW Korea, Porsche Korea and Mercedes-Benz Korea, are recalling a combined 75,348 units of [...]
SEOUL, Oct. 25 (Korea Bizwire) – Kia Corp., South Korea’s second-largest automaker, said Wednesday it plans to sell refurbished used cars produced by the company, similar to the program launched by its larger affiliate, Hyundai Motor Co., this week. The company announced it will start selling refurbished secondhand Kia units, including both electric vehicles (EVs) [...]
SEOUL, Oct. 24 (Korea Bizwire) — Hyundai Motor Co. on Tuesday began selling refurbished used cars produced by the company and its luxury brand Genesis, with a goal of selling 5,000 certified secondhand models within the year. The company launched its “Hyundai Certified” and “Genesis Certified” initiatives under which customers can purchase secondhand models that [...]
SEOUL, Oct. 23 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Monday it has signed a joint venture deal with Saudi Arabia’s Public Investment Fund (PIF) to build a car assembly plant in the Middle Eastern country. Under the deal signed Sunday in Riyadh, the two sides will jointly invest over US$500 [...]
SEOUL, Oct. 20 (Korea Bizwire) — Hyundai Motor Group on Friday unveiled a goal to sell over 550,000 vehicles annually in the Middle East by 2030, with the aim of acquiring a 20 percent share of the regional market. The group said in its newly announced mid- to long-term business vision for the Middle East [...]
SEOUL, Oct. 19 (Korea Bizwire) — Hyundai Motor Co. said Thursday it plans to launch a program to sell refurbished used cars produced by the company and its luxury brand Genesis, with a goal to sell 5,000 certified secondhand models within the year. Hyundai said it will begin sales of used models next Tuesday under [...]