SEOUL, Dec. 18 (Korea Bizwire) — Hyundai Motor Co. said Sunday it has signed a deal with the Libyan government to supply 3,000 vehicles for those who became disabled during the Second Libyan Civil War. Under the deal, Hyundai Motor will provide 3,000 units of the Venue subcompact to the North African country by the [...]
SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Friday launched the upgraded GV60 all-electric model under the independent Genesis brand in the domestic market. The GV60 SUV is equipped with a 77.4-kilowatt-hour battery and can travel up to 451 kilometers on a charge, the company said in a statement. The GV60 [...]
SEOUL, Dec. 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Tuesday it will supply hydrogen fuel-cell trucks to three Israeli companies, as it seeks to promote its hydrogen commercial vehicles in the Middle Eastern markets. Hyundai Motor has signed separate deals with vehicle importer Colmobil Corp., hydrogen producer Bazan and hydrogen refueling station [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korean auto giant Hyundai Motor Group said Monday it will supply more than 1,000 hydrogen fuel-cell systems to a German environment-friendly vehicle maker in a three-year deal. Under the contract, Hyundai Motor Group will supply 1,100 hydrogen fuel-cell systems for eco-friendly garbage and cargo trucks to be manufactured [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s car exports reached an all-time high in November on strong demand for eco-friendly cars and stable supply of automotive semiconductors, data showed Monday. The value of outbound shipments of automobiles came to US$5.4 billion last month, up 31 percent on-year to set the largest monthly record, according [...]
SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. have broken the 200,000 mark in cumulative electric vehicle (EV) sales in the European Union, industry data showed Sunday. According to the European Automobile Manufacturers’ Association (ACEA), Kia had sold 200,984 EVs in the European market as of late October 2022. [...]
SEOUL, Dec. 9 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will launch domestic sales of the Xcient, the world’s first mass-produced hydrogen-powered truck. The Xcient fuel cell trucks have already been exported to countries such as Switzerland and Germany. The carmaker signed a memorandum of understanding (MOU) with the Ministry of Land, Infrastructure [...]
SEOUL, Dec. 6 (Korea Bizwire) — Volkswagen Group Korea (VWGK) is firmly on the recovery path as it has focused on reviving sales and regaining consumer confidence, which was hurt by the company’s diesel emissions scandal in 2015, the group’s managing director has said. In South Korea, the German carmaker voluntarily stopped selling its vehicles [...]
SEOUL, Dec. 5 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 50 percent last month from a year earlier despite the extended chip shortage, an industry association said Monday. The number of newly registered foreign vehicles stood at 28,222 units last month, up from 18,810 units a year ago, the Korea Automobile [...]
SEOUL, Dec. 5 (Korea Bizwire) — Hyundai Motor Co.’s first mini SUV, the Casper, has been a boon for the domestic minicar market, which has seen sales plunge in recent years. 5,573 units of Casper model were sold last month, the highest monthly record since the car’s debut in September last year, according to the [...]