SEOUL, March 6 (Korea Bizwire) — Genesis, Hyundai Motor Group’s independent luxury brand, said Thursday it has launched its revamped GV60 electric vehicle (EV) model with a suite of design and performance upgrades. The upgraded model, introduced three years and five months after the launch of the original GV60, refines the brand’s “Athletic Elegance” design [...]
SEOUL, March 5 (Korea Bizwire) — Genesis has introduced the G90 Long Wheelbase Black, an exclusive new trim for its flagship sedan, highlighting a bold and sophisticated aesthetic. The automaker announced on Wednesday that sales of the model, along with the updated 2025 G90 lineup, will commence immediately. The G90 Long Wheelbase Black features an all-black [...]
SEOUL, March 5 (Korea Bizwire) — Trial operations of self-driving freight trucks can now be conducted on all highways in South Korea, which could lead to the start of long-haul autonomous commercial logistics services nationwide in the future, the government said Wednesday. The Ministry of Land, Infrastructure and Transport said it has expanded the country’s [...]
MOSCOW, March 4 (Korea Bizwire) — Should economic sanctions against Russia be lifted, South Korea’s Hyundai and Kia are expected to be the first foreign automakers to resume operations in the country, according to Russian industry experts. In an interview with TASS News Agency on March 4, Maxim Kadakov, editor-in-chief of Russian automotive magazine Za Rulem, [...]
SEOUL, March 4 (Korea Bizwire) — Song Ho-sung, president and chief executive officer (CEO) of Kia Corp., on Tuesday expressed confidence in turning increasing global trade and business uncertainties for the South Korean automaker into opportunities for further growth. In a letter to shareholders published on Kia’s website, Song assessed that the globalization trend of [...]
SEOUL, March 2 (Korea Bizwire) — Chinese electric vehicle giant BYD is facing significant roadblocks in its South Korean expansion, with the launch of its first model, the Atto 3, delayed due to unresolved subsidy approvals. The setback has frustrated consumers who had pre-ordered the vehicle expecting deliveries last month. Industry observers suggest that BYD, struggling [...]
SEOUL, Feb. 28 (Korea Bizwire) — Jose Munoz, president and chief executive officer (CEO) of South Korea’s leading carmaker Hyundai Motor Co., has been named the most influential figure in the global automotive industry by U.S. automotive publication MotorTrend, its website showed Friday. The publication named Munoz as the 2025 MotorTrend Person of the Year, [...]
SEOUL, Feb. 28 (Korea Bizwire) — KG Mobility Corp. said Friday the Rexton Sports, the company’s pickup truck model, has been named the best pickup truck of 2025 by Australian automotive publication Drive. Drive praised the model, which is exported under the name Musso, for its build quality, its long list of standard features, and [...]
SEOUL, Feb. 28 (Korea Bizwire) — The number of lost items reported in the Seoul subway system reached 152,540 in 2024, marking a 4% increase from the previous year, according to Seoul Metro’s latest report released on February 27. On average, 418 lost items were registered daily, meaning approximately one in every 61 subway passengers [...]
Tarragona, Spain, Feb. 27 (Korea Bizwire) — Kia and Samsung Electronics have announced a strategic partnership to integrate Samsung’s AI-powered Internet of Things (IoT) platform, SmartThings Pro, into Kia’s purpose-built vehicles (PBVs). The collaboration, unveiled at the 2025 Kia EV Day event in Tarragona, Spain, on February 24, aims to enhance business automation for commercial [...]