SEOUL, Jan. 12 (Korea Bizwire) — Kia Corp.’s all-electric EV6 has been named the North American Utility Vehicle of the Year by the North American Car of the Year (NACTOY) jury, the company said Thursday. The EV6 beat its rivals in the assessment of innovation, design, safety features, performance, technology and value, the company said [...]
SEOUL, Jan. 12 (Korea Bizwire) — Honda Korea Co. said Thursday it will launch three new models and a platform to sell its vehicles online this year to revive its lackluster sales, becoming the first import carmaker that will go fully online. Honda Korea plans to open the online platform for car sales in Korea [...]
SEOUL, Jan. 12 (Korea Bizwire) – South Korea’s Hyundai Motor Group said Wednesday it had won good design awards for 2022 in the U.S. In the transportation category, Hyundai Motor Co.’s Trailer Drone and SEVEN concept SUV won 2022 Good Design Awards. In the robotics design category, the company’s PnD (Plug & Drive) mobility L7 [...]
SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States fell 1 percent in 2022 from a year earlier amid a prolonged chip shortage. Hyundai and Kia sold a total of 1.47 million vehicles in the world’s most important automobile market last [...]
SEOUL, Jan. 4 (Korea Bizwire) – Sales of imported vehicles in South Korea rose 24 percent last month from a year earlier despite the extended chip shortage, an industry association said Wednesday. The number of newly registered foreign vehicles stood at 29,640 units last month, up from 23,904 units a year ago, the Korea Automobile [...]
SEOUL, Jan. 3 (Korea Bizwire) – South Korea’s Hyundai Motor Group said Tuesday it will accelerate a wider transition to electric vehicles (EV) this year as it aims to morph into a future mobility solutions provider. In his meeting for the new year with employees, the group’s Executive Chair Euisun Chung said the company will [...]
SEOUL, Dec. 26 (Korea Bizwire) — Hyundai Motor Group said Sunday that all of its electric vehicle (EV) models built on its own dedicated EV platform named E-GMP recorded the highest grade in the world’s major collision tests. As a result of the collision tests conducted by the Insurance Institute for Highway Safety (IIHS), Hyundai [...]
SEOUL, Dec. 25 (Korea Bizwire) — Cumulative imported vehicle registrations in South Korea have exceeded 3 million units, as a growing number of customers purchase foreign brands instead of local ones, government data showed Sunday. The number of imported car registrations had reached 3.17 million, or 12 percent of the country’s overall car registrations of [...]
SEOUL, Dec. 22 (Korea Bizwire) — SsangYong Motor Co. will operate under a new name, KG Mobility, its new chief has said, in a move signaling a new chapter in the company’s decadeslong history marked by long restructuring efforts. Kwak Jea-sun, new chairman of SsangYong Motor, said he will seek approval for the proposed name [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hyundai Motor Group said Wednesday that a documentary on its corporate social responsibility (CSR) activities in China is drawing a favorable response from Chinese people. In collaboration with Discovery Channel, the group made a mini-documentary under the theme of its CSR activities in China, including the prevention of desertification, [...]