MUNICH, Sept. 11 (Korea Bizwire) — Hyundai Mobis, the parts and technology arm of Hyundai Motor Group, used Europe’s largest mobility exhibition on Tuesday to sharpen its ambition of becoming a global top-three auto supplier, highlighting its push into electrification and software-defined vehicles. At the IAA Mobility 2025 in Munich, Axel Maschka, the company’s head [...]
MUNICH, Sept. 9 (Korea Bizwire) — Hyundai Motor unveiled its first small electric vehicle concept on Tuesday at Europe’s largest mobility fair, underscoring the South Korean automaker’s push to expand its EV lineup into the compact segment, where demand is strongest in Europe. The concept car, dubbed “Concept THREE,” was introduced at the IAA Mobility 2025 [...]
SEOUL, Sept. 3 (Korea Bizwire) — BYD’s debut passenger model in South Korea, the Atto 3, has received a disappointing safety rating in the nation’s official crash and safety assessments, dealing a setback to the Chinese automaker as it seeks to expand in one of the world’s most competitive car markets. The Korea Transportation Safety Authority [...]
SEOUL, Sept. 3 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts company, said Wednesday it will participate in the upcoming IAA Mobility 2025, Europe’s largest auto show held in Germany, to present its future mobility vision and technologies. The auto parts unit of Hyundai Motor Group will showcase more than 20 technologies [...]
SEOUL, Sept. 1 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. on Monday launched a new public-private consultative body aimed at fostering cooperation in the future mobility sector together with government agencies, businesses and research institutions to address transportation challenges. The launch ceremony for the alliance, named the Next Urban Mobility Alliance (NUMA), was [...]
SEOUL, Aug. 28 (Korea Bizwire) — Hyundai Mobis, the auto parts arm of Hyundai Motor Group, said Tuesday it will enter the automotive semiconductor and robotics markets as part of an effort to secure new growth engines beyond its traditional mobility business. At its annual CEO Investor Day in Seoul, the company outlined a dual-track [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s automotive giant Hyundai Motor Group has decided to increase to US$26 billion its investment commitment to the United States over the next four years, with a focus on steel, automobiles and robotics, the group said Tuesday. The investment, which was unveiled following President Lee Jae Myung’s first [...]
SEOUL, Aug. 25 (Korea Bizwire) – Unionized workers of Hyundai Motor Co. on Monday voted in favor of launching a strike to demand higher pay, the union said, a move that could lead to the company’s first walkout in seven years. In a daylong vote, 86.15 percent of members supported the strike plan, with nearly [...]
SEOUL, Aug. 25 (Korea Bizwire) — Hyundai Motor Co. and its luxury brand Genesis said Monday they have been named leading carmakers in terms of technology experience by U.S. market research firm J.D. Power. Hyundai ranked first for the sixth consecutive year among mass-market brands in the 2025 U.S. Tech Experience Index (TXI) study, scoring [...]
SEOUL, Aug. 25 (Korea Bizwire) — The city of Seoul announced Sunday that it will introduce South Korea’s first fully driverless autonomous shuttle as early as late September, marking a milestone in the country’s push toward next-generation urban mobility. The 11-seat shuttle, developed by domestic start-up Autonomous AtoZ, was built from the ground up for self-driving purposes. [...]