SEOUL, Sept. 14 (Korea Bizwire) — Global automakers are identifying their eco-friendliness with distinguished colors, with blue and red enjoying growing popularity, Hyundai Motor Group said Tuesday. Blue is a color representing environmental friendliness, while red is associated with copper, the core component of electric vehicles. According to a report released by a global chemical [...]
SEOUL, Sept. 13 (Korea Bizwire) — A vehicle with basic Level 3 self-driving technology will make its first appearance in South Korea in the fourth quarter of this year. Genesis, the luxury brand of Hyundai Motor Co., said it will introduce its Level 3 Highway Driving Pilot (HDP) system on the all-new G90 sedan up [...]
SEOUL, Sept. 8 (Korea Bizwire) — Hyundai Motor Co.’s all-electric Genesis GV60 SUV has obtained the highest safety rating in the European New Car Assessment Programme (Euro NCAP), the company said Thursday. The GV60 entered the European market in June and secured the maximum five-star rating from Euro NCAP, Europe’s leading independent safety testing organization. [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea’s Hyundai Motor Group has slipped by one notch to fifth place in Greenpeace’s 2022 auto environmental guide that analyzed the decarbonization efforts by the top 10 global carmakers. The annual report released Thursday by Greenpeace East Asia ranks the top 10 global automakers after assessing them in [...]
SEOUL, Sept. 8 (Korea Bizwire) — Consumer complaints are growing as Hyundai Motor Co. is preventing customers from overlapping contracts amid prolonged delivery delays. According to industry sources, Hyundai sales staff are asking those who signed more than two contracts simultaneously to buy either Hyundai-branded or Genesis-branded electric vehicle (EV) models to select only one [...]
SEOUL, Sept. 7 (Korea Bizwire) — Hyundai Motor Group, South Korea’s top automaking group, and telecom giant KT Corp. will strengthen their partnership in future mobility solutions business through share-swap deals amid growing demand for electric and autonomous vehicles, the two companies said Wednesday. Under the share swap deals, KT will exchange its own 7.7 [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korea’s Hyundai Motor Group on Wednesday opened its driving experience center at a tiremaker’s proving ground to offer customers test-driving opportunities. Hyundai has completed the HMG Driving Experience Center inside Hankook Tire & Technology Co.’s proving ground facility in Taean on the western coast of the country, the [...]
SEOUL, Sept. 6 (Korea Bizwire) — Top domestic and imported automakers Hyundai Motor and Mercedes-Benz may give way to other competitors in sales performance this year. A total of 37,371 units of automobiles from Kia Corp. were newly registered last month, surpassing Hyundai (35,993 units including those from the Genesis brand) to become the top [...]
SEOUL, Sept. 6 (Korea Bizwire) — Audi Korea said Tuesday it will add an all-electric compact SUV model to its lineup in South Korea to better compete with its rivals in the burgeoning local EV market and boost sales. Audi will begin to deliver the Q4 e-tron 40 SUV and its sportback version on Sept. [...]
SEOUL, Sept. 5 (Korea Bizwire) – Sales of imported vehicles in South Korea rose 7.8 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 23,850 units last month, up from 22,116 units a year ago, the Korea Automobile [...]