SEOUL, April 2 (Korea Bizwire) — Once fierce competitors in the global auto industry, South Korea and Japan may now find common ground as shifting geopolitical landscapes and the digital transformation of mobility open new paths for cooperation, a new report suggests. In its latest analysis titled “Strategies and Implications for Japan’s Auto Industry in an [...]
SEOUL, April 2 (Korea Bizwire) — The United States’ plan to impose25 percent tariffs on imported automobiles starting this week has ignited concerns over the long-term stability of GM Korea Co., the South Korean unit of General Motors (GM) Co., raising the possibility of its potential withdrawal from South Korea, industry observers noted Wednesday. GM’s [...]
SEOUL, April 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. reported record-breaking performances in the United States last month, extending their growth streak for the sixth consecutive month ahead of impending U.S. auto import tariffs, according to the companies Wednesday. Hyundai Motor’s U.S. sales rose 13.1 percent on-year to 87,019 units [...]
SEOUL, April 1 (Korea Bizwire) — BMW Group Korea and BYD Korea announced they will unveil a slate of new models at the 2025 Seoul Mobility Show, set to open on April 3. The two automakers are showcasing their latest innovations as part of their continued expansion in the South Korean market. BMW will debut several [...]
SEOUL, March 31 (Korea Bizwire) — Passengers on all express bus routes in South Korea will be able to access free onboard Wi-Fi internet connection starting this week, the transport ministry said Monday. According to the ministry, free Wi-Fi will be available on all 240 express bus routes and 1,724 buses operated by eight major [...]
SEOUL, March 31 (Korea Bizwire) — Hyundai Motor Co. said Monday it will open a global recruitment program this week to secure top-tier overseas talent across various fields of engineering. The company plans to open the program for hiring overseas engineering Ph.D. holders, as well as an internship program for foreign university students studying in [...]
SEOUL, March 29 (Korea Bizwire) — Hyundai Motor Group on Friday introduced Pleos, its new mobility software brand and technology platform, as part of a bold strategy to transform itself into a software-centered mobility tech company. The announcement was made during the group’s developer conference Pleos 25, held at COEX in Seoul. Pleos — a fusion [...]
SEOUL, March 28 (Korea Bizwire) – Hyundai Motor Group on Friday outlined a road map to implement advanced autonomous driving technology across its vehicle lineup, aiming to apply Level 2+ features by the end of 2027. The goal was announced during the group’s Pleos 25 developer conference, held at COEX in Seoul, where Hyundai invited [...]
SEOUL, March 28 (Korea Bizwire) — Kia introduced its new mid-size pickup truck, the Tasman, at a Tech Day event held Thursday on Seoul’s Floating Island in Seocho District. Highlighting the company’s foray into authentic pickup territory, Kia emphasized the Tasman’s rugged durability, off-road prowess, and substantial payload capabilities. Described by the automaker as the [...]
SEOUL, March 27 (Korea Bizwire) — U.S. President Donald Trump’s recent announcement to levy 25 percent tariffs on all imported vehicles next month is expected to deal a heavy blow to South Korean carmakers, which largely depend on shipments to the United States, analysts said Thursday. Trump signed a proclamation to impose the new tariffs [...]