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 [...]
SEOUL, Feb. 26 (Korea Bizwire) — General Motors Co. said Sunday it has started the production of the Trax Crossover at its South Korean plant ahead of its local launch in the first quarter. GM plans to ramp up the strategic model’s production to meet the rising demand for the new vehicle in the United [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has begun production of an electric vehicle (EV) in the United States in response to the U.S. Inflation Reduction Act (IRA), which allows no subsidies for imported EVs. On Feb. 21 (U.S. time), the South Korean carmaker started to assemble the Genesis GV70 [...]
SEOUL, Feb. 21 (Korea Bizwire) — Toyota Motor Corp. said Tuesday it will launch two all-electric models under the Toyota and Lexus brands in South Korea this year to compete with its rivals amid the accelerating electrification push. The Japanese carmaker plans to introduce the Lexus RZ SUV and the Toyota bZ4X SUV in the [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s car exports jumped 21.9 percent in January on-year, driven by record-high global sales of eco-friendly cars, data showed Monday. The value of outbound shipments of automobiles came to US$4.98 billion last month, up from 4.09 billion a year earlier, according to the data from the Ministry of [...]
SEOUL, Feb. 15 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. enjoyed record-high sales in the Indian market last month backed by robust SUV sales, data showed Tuesday. According to the Society of Indian Automobile Manufacturers and Hyundai Motor Group, Hyundai and Kia sold 50,106 units and 28,634 vehicles, respectively, last month [...]
SEOUL, Feb. 14 (Korea Bizwire) — SsangYong Motor Co., a South Korean SUV-focused carmaker, said Tuesday it has recently signed a deal to export 7,000 vehicles to a company in the United Arab Emirates this year. SsangYong Motor signed the export deal with Neweast General Trading Zafza (NGT) in January and agreed to expand the [...]