SEOUL, Sept. 29 (Korea Bizwire) — Hyundai Motor Group’s dedicated electric vehicle platform has once again won recognition in the United States, with its power system named among WardsAuto’s “10 Best Engines & Propulsion Systems” for 2025. The automaker said Sunday that the all-electric Ioniq 9 earned a spot on the prestigious list, marking the [...]
SEOUL, Sept. 26 (Korea Bizwire) — Hyundai Motor Co. is celebrating the 40th anniversary of its Sonata sedan with a special exhibition in Seoul that retraces the model’s evolution from the company’s early years to its present status as a flagship vehicle. The exhibition, titled “By Your Side – Stella & Sonata,” opened Thursday at [...]
SEOUL, Sept. 25 (Korea Bizwire) — Hyundai Motor Co. said Thursday its Ioniq 9 electric sport utility vehicle (SUV) has received the highest safety rating of five stars from the European New Car Assessment Programme (Euro NCAP). The Ioniq 9 earned praise for maintaining a stable passenger compartment in crash tests and for its advanced [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor is making inroads into Europe’s most competitive markets, including France, Germany and the United Kingdom, where local and German brands have long dominated. The push is fueled by the popularity of its affordable Inster electric vehicle — sold in Korea as the Casper EV — and steady demand [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor Group’s business portfolio and financial health compare favorably with those of major global automakers, but industry analysts warn that South Korea’s auto industry could lose ground unless Seoul secures a reduction in U.S. tariffs, now set higher than those for Japanese rivals. According to a report released Tuesday [...]
SEOUL, Sept. 22 (Korea Bizwire) — Genesis, Hyundai Motor Group’s luxury marque, is stepping up its push into Central Asia, opening a flagship showroom in Kazakhstan as part of a broader global expansion drive. On September 9, the company inaugurated the Almaty Genesis Showcase, a three-story dealership operated by Kazakhstan’s largest auto firm, Astana Motors. [...]
SEOUL, Sept. 18 (Korea Bizwire) — Thirty years ago, Hyundai Motor Co. was still shedding its image as a latecomer, eager to catch up with established automakers in the United States, Europe and Japan. Today, South Korea’s largest carmaker is aiming to leap ahead, announcing its most ambitious growth strategy yet: a 77.3 trillion won [...]
SEOUL, Sept. 17 (Korea Bizwire) — On the eve of its maiden voyage, Seoul unveiled its long-awaited “Hangang Bus” on Wednesday, positioning the sleek new ferry service as both a commuter option and a lifestyle attraction along the capital’s iconic waterway. At an inauguration ceremony held at Yeouido Pier, Mayor Oh Se-hoon joined lawmakers and local [...]
SEOUL, Sept. 16 (Korea Bizwire) — Hyundai Motor Group said Tuesday it will host a special technology-based exhibition in Seoul this week highlighting creative projects that explore the intersection of technology, art and mobility. The five-day event, named “2025 Zero1ne Day,” will run from Wednesday at the group’s multipurpose venue in eastern Seoul. It will [...]
SEOUL, Sept. 15 (Korea Bizwire) — Hyundai Motor Group is grappling with twin challenges in the U.S. market: the imminent end of federal tax credits for electric vehicles and a delay in the completion of its joint battery plant with LG Energy Solution. The Biden administration’s Inflation Reduction Act incentives, which offered up to $7,500 in [...]