SEOUL, March 7 (Korea Bizwire) — Kia Corp.’s electric compact sport utility vehicle (SUV) EV3 has been named the U.K. Car of the Year 2025, the company said Friday. The Kia EV3 topped the Small Crossover category of the annual award and took the overall top honor, outperforming strong contenders across six other segments, according [...]
SEOUL, March 7 (Korea Bizwire) — The government will come up with measures next month to respond to the United States’ plan to impose tariffs on auto imports, the industry ministry said Friday, as the new U.S. tariffs are expected to deal a severe blow to the South Korean automotive industry. The Ministry of Trade, [...]
SEOUL, March 6 (Korea Bizwire) — Hyundai’s Santa Fe has been crowned the ‘Best Car’ at the 2025 Women’s World Car of the Year (WWCOTY) awards, the company announced on March 6. The WWCOTY awards are judged by an all-female panel of 82 automotive journalists from 55 countries across five continents. Vehicles are evaluated based on [...]
SEOUL, March 6 (Korea Bizwire) — Kia Corp. on Thursday partnered with Gyeonggi Province and the city of Hwaseong to develop an ecosystem for the future mobility industry in the region, with a focus on the automaker’s purpose-built vehicles (PBVs). Under a memorandum of understanding (MOU) signed at Kia Autoland Hwaseong, Kia will proceed with [...]
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 [...]