SEOUL, March 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Monday launched the upgraded Avante compact in the domestic market, with its performance version set to be released later this year. The New Avante, a face-lifted model in three years, comes with a 1.6-liter gasoline, a 1.6 liquid propane injection (LPI), or a [...]
SEOUL, March 12 (Korea Bizwire) — TikTok, the popular short-form video platform, is making headlines again, this time in South Korea. Despite facing an exit crisis in the U.S. market due to security threats, TikTok has been chosen as the official platform for a major exhibition in Korea. According to media reports, the Korea Automobile [...]
SEOUL, March 10 (Korea Bizwire) — Boosted by the popularity of U.S. electric carmaker Tesla Inc., automakers are increasingly adopting online car selling platforms to revive sales in South Korea amid the prolonged COVID-19 pandemic. In 2017, Tesla began to sell its vehicles through an online platform in South Korea, raising questions over the effectiveness [...]
SEOUL, March 8 (Korea Bizwire) — British luxury carmaker Bentley Motors Ltd. said Wednesday it has opened its first flagship retail showroom in South Korea to make a bigger presence in Asia’s fourth-biggest economy. Bentley Motors opened the Bentley Cube in southern Seoul earlier in the day to better serve its Korean customers and set [...]
SEOUL, March 7 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Tuesday unveiled the Kona Electric subcompact SUV ahead of its domestic launch in the second quarter. The all-new Kona Electric comes with a 64.8 kilowatt-hour battery pack and it is expected to travel more than 410 kilometers on a single charge, Hyundai said [...]
SEOUL, March 6 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 11 percent last month from a year earlier on improved supplies and new models, an industry association said Monday. The number of newly registered foreign vehicles stood at 21,622 units last month, up from 19,454 units a year ago, the Korea [...]
SEOUL, March 3 (Korea Bizwire) — South Korean auto giant Hyundai Motor Co. on Thursday launched the recruitment of new employees for its production line for the first time in 10 years, with its online application website undergoing delays due to heavy traffic. There are no restrictions on age or gender as long as applicants [...]
SEOUL, March 2 (Korea Bizwire) — Ford Motor Co. is considering selling its vehicles online in South Korea from next year as its rivals increasingly adopt the online sales system to boost sales in Asia’s fourth-biggest economy, the chief of its Korean operations said Thursday. Ford Korea Managing Director David Jeffrey commented on the U.S. [...]
SEOUL, March 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 16 percent in February from a year earlier on robust sales of SUVs and eco-friendly models. Hyundai and Kia sold 122,111 vehicles in the world’s most important automobile market last month, [...]
SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Motor Group said Sunday it has earned four top safety pick awards from the U.S. Insurance Institute for Highway Safety (IIHS), further proving the quality of its vehicles. Three models from the South Korean automotive group garnered the Top Safety Pick+ (TSP+) award and one model obtained the [...]