SEOUL, Oct. 11 (Korea Bizwire) – The labor union of Kia Corp., South Korea’s second-largest automaker, said Wednesday it will resume wage talks with the company this week, while shelving a plan to hold partial strikes. Earlier in the day, the union announced a plan to stage an eight-hour walkout Thursday and Friday, citing stalled [...]
SEOUL, Oct. 8 (Korea Bizwire) – Hyundai Motor Co. said Sunday it showcased a new hydrogen-powered bus, jointly developed with Italian carmaker IVECO Group N.V., at a global bus exhibition. Hyundai Motor and IVECO debuted the E-WAY H2, a new hydrogen-powered fuel cell electric bus, at Busworld 2023 in Brussels, the world’s largest bus exhibition. [...]
SEOUL, Oct. 6 (Korea Bizwire) – Hyundai Motor’s sales in Russia have experienced a significant decline for the second consecutive month, sparking renewed speculation about the automaker’s potential withdrawal from the Russian market in the aftermath of the Russia-Ukraine conflict. According to the Association of European Businesses (AEB), Hyundai managed to sell a mere 10 vehicles [...]
SEOUL, Oct. 6 (Korea Bizwire) – In the competition of new car sales, Kia’s Sorento has maintained its edge over Hyundai’s Santa Fe. The Sorento offers both internal combustion and hybrid models, whereas the Santa Fe only comes with conventional powertrain options, although Hyundai is expected to release a hybrid model later this month. According to [...]
SEOUL, Oct. 5 (Korea Bizwire) – BMW Group on Thursday launched its new 5 series sedan for the first time in South Korea, reflecting the importance of the market for the German carmaker. The new 5 series is available in three versions — a gasoline or a diesel-powered engine, or an electric power train, BMW [...]
SEOUL, Oct. 5 (Korea Bizwire) — BMW Group on Thursday launched its new 5 series sedan for the first time in South Korea, reflecting the importance of the market for the German carmaker. The new 5 series is available in three versions — a gasoline or a diesel-powered engine, or an electric power train, BMW [...]
SEOUL, Oct. 2 (Korea Bizwire) – Honda Korea Co. is beefing up its product lineup to revive sales after they plunged nearly 70 percent in the January-August period from a year earlier due mainly to a lack of new models. Honda Korea Co. has recently launched two all-new models — the 3.5-liter gasoline-powered Pilot and [...]
SEOUL, Sept. 30 (Korea Bizwire) –Hyundai Motor Group’s special electric vehicle platform, E-GMP, has achieved impressive sales of over 500,000 units. Both Hyundai and Kia reported that they collectively sold 517,290 electric vehicles using the E-GMP platform globally. This achievement began in 2021 when the first model, the Hyundai Ioniq 5, hit the market and [...]
SEOUL, Sept. 27 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Wednesday it will launch the face-lifted GV80 SUV and the first coupe model under its independent Genesis brand in the domestic market next month as it beefs up its lineup. Hyundai Motor launched the first-generation GV80 SUV in January 2020 and has since [...]
SEOUL, Sept. 26 (Korea Bizwire) – Hyundai was named the brand that Indian dealers are most satisfied with. On Tuesday, Hyundai Motor Company announced that it secured the top spot in the overall automobile brand category in the 2023 Dealer Satisfaction Survey conducted by the Federation of Automobile Dealers of India (FADA). They surveyed 1,821 [...]