SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s Hyundai Motor Co. beat its Japanese rivals to top global hydrogen vehicle sales during the January-August period, a market research firm said Tuesday. Hyundai Motor sold 7,410 hydrogen fuel-cell electric vehicles (FCEVs) in global markets in the eight-month period, jumping 26 percent from 5,873 units sold during [...]
SEOUL, Oct. 10 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s leading auto parts maker, said Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles. Hyundai Mobis and Luxoft are “at the final stage” of developing the IVI platform for future vehicles and will introduce [...]
SEOUL, Oct. 7 (Korea Bizwire) — Despite an improving supply of semiconductors, delivery delays for new automobiles are now worse than they were last year. Getcha, an online car sales platform, said deliveries of Hyundai Motor Co.’s Avante Grandeur sedans had been delayed by 10 months and seven months, respectively. In October of last year, [...]
SEOUL, Oct. 7 (Korea Bizwire) — Motional, a joint venture set up between Hyundai Motor Co. and U.S. mobility startup Aptiv, said Friday it has signed a 10-year deal to supply Hyundai’s IONIQ 5-based autonomous vehicles to Uber Technologies Inc. Under the deal, Motional will supply the all-electric IONIQ 5 driverless robo taxis to the [...]
SEOUL, Oct. 6 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 17 percent last month from a year earlier despite the extended chip shortage, an industry association said Thursday. The number of newly registered foreign vehicles stood at 23,928 units last month, up from 20,406 units a year ago, the Korea Automobile [...]
SEOUL, Oct. 6 (Korea Bizwire) — The number of new cars registered last month in South Korea was higher than a year ago thanks to the easing of the disruption in automobile chip supplies. According to CarIsYou Data Research Center, 141,640 new cars were registered in September, up 17.9 percent year on year and 6 [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s Hyundai Motor Group said Wednesday its vehicle sales in the United States rose 4.4 percent last month from a year earlier despite the extended chip shortage. Hyundai, its affiliate Kia Corp. and Hyundai’s independent Genesis brand sold a combined 120,642 vehicles in the world’s most important automobile [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has acquired a U.S. auto auction dealer as it pushes to make inroads into overseas secondhand car markets. Hyundai Glovis said it has taken over a 100 percent stake in Greater Erie Auto Auction (GEAA), a [...]
SEOUL, Oct. 4 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, on Tuesday launched the pure electric high-performance model EV6 GT in the domestic market in a move to beef up its EV lineup. The EV6 GT comes with a 77.4 kWh battery pack and can travel up to 342 kilometers on a single [...]
SEOUL, Oct. 4 (Korea Bizwire) — Eco-friendly vehicles such as hybrid cars and electric vehicles (EVs) are enjoying rising popularity not only in the South Korean passenger vehicle market, but also in the used car market this year, data showed Monday. According to Transport Ministry data analyzed by the Carisyou Data Lab, the number of [...]