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 [...]
SEOUL, July 3 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 9.9 percent in the first half from a year earlier, driven by strong demand for newly launched models, industry data showed Thursday. The number of newly registered imported cars reached 138,120 units in the January-June period, up from 125,652 a year [...]
SEOUL, July 3 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, said Thursday it will unveil its all-electric Ioniq 6 N high-performance model in London next week, ahead of its domestic launch later this year. The company has released a teaser film of the Ioniq 6 N electric sedan on its official YouTube [...]
SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. announced Wednesday the launch of UX Studio Seoul, a new open research facility in southern Seoul designed to engage the public in shaping the user experience (UX) of future mobility solutions. Replacing the original UX Studio established in 2021, the new space significantly [...]
SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined vehicle sales in the United States rose 0.9 percent in June from a year earlier, with growth slowing from the previous month amid ongoing concerns over U.S. auto tariffs. The two automakers sold a total of [...]
SEOUL, July 1 (Korea Bizwire) — Starting today, drivers of select Hyundai, Kia, and BMW vehicles in South Korea will receive in-car recall notifications via dashboards and audio alerts, as part of a pilot program aimed at improving recall compliance rates. The Korea Transportation Safety Authority (TS) announced that the initiative will leverage over-the-air (OTA) software [...]
SEOUL, July 1 (Korea Bizwire) — KG Mobility Corp., a South Korean carmaker, said Tuesday it has launched a new car subscription service that includes insurance, tax and maintenance benefits. The service, named KGM Mobiling, offers vehicles for a monthly fee with lower upfront costs and flexible contract terms, according to the company. The program [...]
SEOUL, June 30 (Korea Bizwire) — Kang Goo-young, president and chief executive officer (CEO) of Korea Aerospace Industries (KAI) Ltd., will step down this week, about three months ahead of the official end of his term, industry sources said Monday. Kang plans to resign from the CEO position of the South Korean aerospace and defense [...]