SEOUL, Mar. 29 (Korea Bizwire) – South Korea recorded its lowest number of fatalities from highway traffic accidents last year, a mere 150 deaths that officials attribute largely to increased efforts to prevent drowsy driving through expanded rest areas and improved facilities. According to the Korea Expressway Corporation, the 2023 death toll marked a decrease [...]
SEOUL, Mar. 28 (Korea Bizwire) – Hyundai Motor Company is fortifying its foothold in the North American market by introducing the redesigned Tucson, its compact sport utility vehicle (SUV). At the press preview of the 2024 New York International Auto Show held on March 27 at the Javits Convention Center, Hyundai unveiled the “All-New Tucson” [...]
SEOUL, March 28 (Korea Bizwire) – Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday it has unveiled the K4 compact sedan at the New York auto show as it plans to launch the vehicle in North American markets this year. Kia will assemble the K4 compact at its plant in Mexico, and sell [...]
SEOUL, Mar. 28 (Korea Bizwire) – Kia’s large electric sport utility vehicle (SUV), the EV9, emerged as the Car of the Year at the 2024 World Car Awards (WCA) held on March 27 during the New York International Auto Show. The EV9 also claimed the title of World Electric Vehicle of the Year. Hyundai Motor Company’s [...]
SEOUL, Mar. 28 (Korea Bizwire) – In a bold move to bolster its future global competitiveness, Hyundai Motor Group has announced a large-scale domestic hiring and investment initiative. Over the next three years, the automotive giant plans to recruit 80,000 new employees in South Korea and invest a staggering 68 trillion won. Hyundai’s production workers, known [...]
SEOUL, Mar. 28 (Korea Bizwire) — The number of flights on South Korea’s international routes are likely to nearly reach pre-COVID 19 pandemic levels during this peak summer season, the transport ministry said Thursday. The number of flights on 231 routes between domestic airports and overseas ones is expected to recover to 98 percent, or [...]
SEOUL, Mar. 28 (Korea Bizwire) — Unionized bus drivers in Seoul went on a general strike Thursday to demand a wage hike, halting the operation of nearly 98 percent of buses running across the capital and causing delays for commuters in the morning rush hour. In their last-minute wage negotiations conducted from Wednesday till early [...]
SEOUL, Mar. 27 (Korea Bizwire) – The union of intracity bus drivers in Seoul and their employers are set to hold last-minute negotiations over wage hikes Wednesday ahead of a threatened general strike that could halt the operation of 7,210 intracity buses, or 97.6 percent of the capital’s total, if carried out the following day [...]
SEOUL, March 26 (Korea Bizwire) – Hyundai Motor Co. said Tuesday it has unveiled two new Genesis concept vehicles in New York as it strives to further strengthen the independent Genesis brand. Hyundai Motor introduced the brand’s first flagship electric SUV concept, the Genesis Neolun Concept, and the GV60 Magma Concept, which is an upgraded [...]
SEOUL, Mar. 26 (Korea Bizwire) – Kia Corp., South Korea’s second-biggest carmaker, said Tuesday it has hired two former Mercedes-Benz and BMW designers for its operations in Europe and China in the latest move to strengthen its design capabilities. Former Mercedes-Benz designer Oliver Samson and former BMW designer Lim Seung-mo will begin serving as head [...]