SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. announced Wednesday the launch of UX Studio Seoul, a new open research facility in southern Seoul designed to engage the public in shaping the user experience (UX) of future mobility solutions. Replacing the original UX Studio established in 2021, the new space significantly [...]
SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined vehicle sales in the United States rose 0.9 percent in June from a year earlier, with growth slowing from the previous month amid ongoing concerns over U.S. auto tariffs. The two automakers sold a total of [...]
SEOUL, July 1 (Korea Bizwire) — Starting today, drivers of select Hyundai, Kia, and BMW vehicles in South Korea will receive in-car recall notifications via dashboards and audio alerts, as part of a pilot program aimed at improving recall compliance rates. The Korea Transportation Safety Authority (TS) announced that the initiative will leverage over-the-air (OTA) software [...]
SEOUL, July 1 (Korea Bizwire) — KG Mobility Corp., a South Korean carmaker, said Tuesday it has launched a new car subscription service that includes insurance, tax and maintenance benefits. The service, named KGM Mobiling, offers vehicles for a monthly fee with lower upfront costs and flexible contract terms, according to the company. The program [...]
SEOUL, June 30 (Korea Bizwire) — Elderly drivers were responsible for over one in five traffic accidents in South Korea last year, a record high that has reignited debate over delayed safety reforms ahead of the first anniversary of a deadly wrong-way driving incident in central Seoul. According to new data from the Korea Road Traffic [...]
SEOUL, June 29 (Korea Bizwire) — Hyundai Motor and Kia have climbed to a record-high 11% market share in the U.S. auto market for the first five months of this year, bolstered by proactive inventory strategies and surging hybrid sales. But industry analysts warn that growing cost pressures and looming tariff hikes could cloud prospects [...]
SEOUL, June 28 (Korea Bizwire) — Hyundai Motor Group has been named to TIME magazine’s prestigious TIME100 Most Influential Companies of 2025, joining the Leaders category alongside global powerhouses. The South Korean auto giant was the only Korean company to make this year’s list, reinforcing its standing as a dominant force in the global automotive [...]
SEOUL, June 27 (Korea Bizwire) – South Korea’s auto parts sector is bracing for intensified export headwinds as the United States signals a possible expansion of its 25% import tariffs on vehicle components, deepening concerns in an industry already grappling with high trade barriers. On June 24, the U.S. Department of Commerce’s International Trade Administration [...]
SEOUL, June 26 (Korea Bizwire) — Genesis, the independent luxury brand of South Korea’s Hyundai Motor Group, said Thursday it has entered into an expanded global marketing partnership with the PGA Tour through 2030. The multiyear agreement names Genesis as the first-ever global official vehicle company for both the PGA Tour and PGA Tour Champions, [...]
SEOUL, June 26 (Korea Bizwire) — In a year defined by economic uncertainty and global industry shifts, Hyundai Motor Group stood out as South Korea’s most impactful corporate force—fueling growth across sectors and surpassing all other conglomerates in total economic contribution. According to data released Thursday by corporate tracker CEO Score, the automotive giant generated [...]