SEOUL, Feb. 7 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., on Tuesday launched the GMC brand’s flagship pickup Sierra to strengthen its lineup and boost sales. The Sierra Denali is the GMC brand’s launch model in the Korean market and the full-size pickup is the only GMC Sierra [...]
SEOUL, Feb. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 6.6 percent last month from a year earlier amid the lingering chip shortage, an industry association said Friday. The number of newly registered foreign vehicles stood at 16,222 units last month, up from 17,361 units a year ago, the Korea Automobile [...]
SEOUL, Feb. 3 (Korea Bizwire) — Kia Corp.’s K8 sedan saw its January sales rise sharply year on year thanks to efforts to improve its commercial value as well as to offer a cheaper price than rival models. According to industry sources, 3,451 units of the K8 were sold last month in the domestic market, [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 15 percent in January from a year earlier on robust sales of SUVs and eco-friendly models. Hyundai and Kia sold 107,889 vehicles in the world’s most important automobile market last month, [...]
SEOUL, Feb. 1 (Korea Bizwire) — Mercedes-Benz Korea said Wednesday it will further strengthen its electric vehicle lineup in coming years to cement its leading status in the Korean imported passenger vehicle market. On Tuesday, the German carmaker launched the all-electric EQS SUV built on its new EVA2 platform for Korean customers and will introduce [...]
SEOUL, Feb. 1 (Korea Bizwire) — The South Korean unit of German carmaking giant Volkswagen AG has put a stop to all new car sales, igniting consumer complaints. According to industry sources, Volkswagen Korea asked dealers to temporarily suspend the release of all types of its cars last week without informing them of the reason. [...]
SEOUL, Feb. 1 (Korea Bizwire) – Hyundai Motor Co. said Tuesday it had equipped its all-new Kona subcompact SUV with a new indoor air purification technology. The technology, dubbed Eco Coating, is developed by Embiome Co., a company that was spun off after being established as an in-house startup. Without generating an unpleasant odor, this technology coats [...]
SEOUL, Jan. 31 (Korea Bizwire) — Hyundai Motor Group said Monday it had won four titles in the “best imported car” category selected by a German motoring magazine. The Genesis’ all-electric GV70 SUV (crossover SUV category) and G80 (large-size category), Hyundai Motor Co.’s Bayon subcompact SUV (mini-SUV category), and Kia Corp’s Ceed compact car (midsize [...]
SEOUL, Jan. 31 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, said Tuesday it is targeting a 15 percent on-year rise in overseas orders this year amid rising demand for electric vehicle (EV) components. Hyundai Mobis aims to achieve US$5.36 billion worth of orders from global carmakers, except for its captive [...]
SEOUL, Jan. 31 (Korea Bizwire) — Hyundai Motor Group has unveiled a new vision for transforming mobility into a living space connected with buildings. The group on Monday released a “Mobile Living Space” animation video showing a scenario organically connecting mobility with buildings. The video, which is about four minutes long, showcased mobility solutions combined [...]