SEOUL, April 8 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung will deliver a keynote speech at a U.S. forum expected to be attended by many key industry figures, including the top executive of General Motors Co. (GM), event organizers said. The forum, Automotive News Congress, will be held Sept. 11 in Detroit [...]
SEOUL, April 8 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Tuesday it has signed a 402.6 billion-won (US$274.3 million) deal to supply key components for Poland’s self-propelled howitzers. Under the agreement with Poland’s state-run Huta Stalowa Wola (HSW), the South Korean company will deliver components, including powerpacks, to be integrated into [...]
SEOUL, April 7 (Korea Bizwire) — KG Mobility Corp., a South Korean carmaker, said Monday it has added the Actyon sport utility vehicle (SUV) to its lineup in Germany as part of its strategy to boost sales in Europe. It is the second time for KG Mobility to launch the Actyon SUV in an overseas [...]
SEOUL, April 7 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, said Monday it has opened an integrated research and development (R&D) center in India as a global strategic hub dedicated to automotive software. Hyundai Mobis has combined two existing R&D centers in India into one large-scale R&D base to participate [...]
SEOUL, April 7 (Korea Bizwire) — Hyundai Motor and Kia have exceeded 500,000 cumulative electric vehicle (EV) sales in South Korea, marking a significant milestone in the automakers’ transition toward electrification. The figure comes nearly 14 years after Hyundai introduced its first mass-produced EV, the BlueOn, in July 2011. According to data released Sunday, total domestic [...]
GOYANG, South Korea, April 6 (Korea Bizwire) — South Korea’s largest mobility industry exhibition, the 2025 Seoul Mobility Show, is off to a record-breaking start, drawing more than 200,000 visitors in its first three days. Organizers expect the event to surpass 600,000 attendees by its conclusion on April 13, eclipsing the 510,000 visitors recorded at the [...]
SEOUL, April 5 (Korea Bizwire) — Hyundai Motor Co. will freeze prices of all new vehicles sold in the United States through early June, a move aimed at easing consumer concerns over rising costs following Washington’s imposing of25 percent duties on all imported vehicles, the automaker’s American subsidiary said. Hyundai Motor America (HMA) said in [...]
SEOUL, April 3 (Korea Bizwire) — LG Electronics Inc. said Thursday it has partnered with Kia Corp. to integrate its artificial intelligence (AI) mobility space solutions into Kia’s automotive technology. The collaboration aims to enhance customer-tailored mobility by incorporating AI-driven solutions and home appliances into Kia’s purpose-built vehicles (PBVs), according to LG Electronics. As the [...]
SEOUL, April 3 (Korea Bizwire) — Hyundai Motor Co. on Thursday unveiled a fully redesigned version of its Nexo hydrogen fuel cell sport utility vehicle (SUV) for the first time at the 2025 Seoul Mobility Show. The model, showcased at a media event for the biennial motor show at KINTEX in Goyang, northwest of Seoul, [...]
GOYANG, South Korea, April 3 (Korea Bizwire) – Hyundai Motor Company unveiled the fully redesigned version of its hydrogen fuel cell vehicle, the All-New Nexo, at the 2025 Seoul Mobility Show on Wednesday, marking the global debut of the next-generation model seven years after the original Nexo launched in 2018. Inspired by the hydrogen-powered concept N [...]