SEOUL, July 14 (Korea Bizwire) — Hyundai Motor Company has debuted its latest high-performance electric sedan, the Ioniq 6 N, at the 2025 Goodwood Festival of Speed, the U.K.’s premier motorsport and automotive celebration. Announced on July 14, the launch marks the second high-performance EV under Hyundai’s N sub-brand, following the Ioniq 5 N, which also [...]
SEOUL, July 14 (Korea Bizwire) — Genesis, the independent luxury auto brand of Hyundai Motor Group, said Monday its flagship G90 sedan has been selected as the official vehicle for events and protocol duties of Kuwait’s interior ministry. The decision, which involves the use of 47 G90 units, reflects the Kuwaiti government’s high confidence in [...]
SEOUL, July 14 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. plan to participate in an international motor show in Munich in September as part of their ongoing push into the automotive components business, industry sources said Monday. At IAA Mobility 2025, slated for Sept. 9-14 in Munich, Germany, Samsung Electronics’ semiconductor division [...]
SEOUL, July 14 (Korea Bizwire) — Hyundai Motor Group is doubling down on its strategy to weather U.S. tariffs without raising vehicle prices, prioritizing long-term market share over short-term profit margins. Despite escalating trade tensions under President Donald Trump’s administration and the imposition of new import tariffs earlier this year, the South Korean auto giant [...]
SEOUL, July 11 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Friday its net profit for the second quarter grew 13.4 percent from a year earlier thanks to stable demand in the company’s passenger services. The company’s net profit for the April-June period totaled 395.9 billion won (US$288.1 million) on a [...]
SEOUL, July 9 (Korea Bizwire) — The labor union of GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., plans to stage a partial strike this week, as it has failed to narrow differences with management in ongoing wage negotiations, union officials said Wednesday. Unionized workers will stage two-hour walkouts across [...]
SEOUL, July 9 (Korea Bizwire) – The Niro Hybrid, an eco-friendly sport utility vehicle (SUV) of Kia Corp., came out on top among competing global models in a comparison test conducted by Germany’s leading automotive magazine, Auto Zeitung, the South Korean automaker said Wednesday. The German magazine recently compared five popular hybrid SUVs — Kia’s [...]
SEOUL, July 7 (Korea Bizwire) — Seoul is preparing to reintroduce trams to its streets for the first time in nearly six decades, as construction on the Wirye Line, the city’s first modern tram project, approaches completion. According to the Seoul Metropolitan Government, the Wirye tram line is scheduled to open in September 2026, with [...]
SEOUL, July 7 (Korea Bizwire) — Hyundai Motor and Kia have sold more than 200,000 small cars in Europe in just the first five months of 2025, a milestone that underscores the growing appeal of compact, fuel-efficient vehicles in one of the world’s most urbanized and eco-conscious markets. According to figures released Sunday by the [...]
INCHEON, July 6 (Korea Bizwire) — Incheon International Airport has been recognized as having the world’s best airport staff by global aviation consultancy Skytrax, topping more than 570 airports in its annual World Airport Awards. Skytrax’s rankings, based on passenger surveys conducted across more than 100 countries between August 2024 and February 2025, evaluated the service [...]