SEOUL, Feb. 3 (Korea Bizwire) - Hyundai Motor Co. said Monday it has started accepting preorders for the Ioniq 9, the automaker’s first large electric sport utility vehicle (SUV), in South Korea. The Ioniq 9 is equipped with a 110.3 kilowatt-hours (kWh) battery, offering a maximum driving range of 532 kilometers per charge for the [...]
SEOUL, Feb. 1 (Korea Bizwire) — Sales of imported luxury cars priced over 100 million KRW (approximately $70,000) declined in South Korea for the first time in eight years, impacted by economic downturns and new regulations on corporate vehicle registration. According to the Korea Automobile Importers & Distributors Association (KAIDA), 62,520 high-end imported vehicles were sold [...]
SEOUL, Jan. 30 (Korea Bizwire) - Authorities held a meeting Thursday on how to conduct a probe into an Air Busan passenger plane that caught fire at a South Korean airport earlier this week amid safety concerns, the land ministry said. On Tuesday, the Airbus plane operated by budget carrier Air Busan and bound for [...]
SEOUL, Jan. 29 (Korea Bizwire) — The seating proportion of low-cost carriers (LCCs) in South Korea’s aviation market has far surpassed the average of the Asia-Pacific region, according to an industry report Wednesday, reflecting the popularity of budget airlines in the country. According to the analysis report by aviation market tracker Center for Aviation, LCCs [...]
JEONJU, South Korea, Jan. 28 (Korea Bizwire) — The planned Saemangeum International Airport in South Korea is at the center of heated debate, with environmental groups and regional authorities clashing over its potential bird strike risks. Following the Jeju Air disaster at Muan International Airport, concerns have intensified about the safety of constructing an airport near [...]
SEOUL, Jan. 28 (Korea Bizwire) — The number of pets traveling on Korean Air flights has more than doubled over the past four years, reflecting the growing demand for pet-friendly travel. According to Korean Air, the total number of applications for pet transport—both as in-cabin companions and as checked baggage—reached 57,595 in 2024, a 12.6% increase [...]
SEOUL, Jan. 27 (Korea Bizwire) — Subway fares in the capital area will increase by 150 won (US$0.10) to 1,550 won sometime in the first half of the year, according to the Seoul metropolitan government Monday. The hike was agreed to by the local governments of Seoul, Gyeonggi Province and Incheon, as well as the [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s domestic auto market saw its weakest performance in over a decade in 2024, with new car sales hitting their lowest level since 2013, according to a report released by the Korea Automobile & Mobility Industry Association (KAMA) on Thursday. The report revealed that 1.635 million new vehicles were [...]
SEOUL, Jan. 24 (Korea Bizwire) — Cheil Worldwide announced on January 23 that it will spearhead the marketing launch of BYD’s passenger vehicle brand in South Korea, marking a significant move by the world’s largest electric vehicle manufacturer into the Korean market. The agency has already begun its campaign, releasing the first promotional video for BYD’s [...]
SEOUL, Jan. 24 (Korea Bizwire) — Hyundai Motor Co. said Friday it has partnered with Nexon Co. for a special collaboration event in the popular mobile racing game KartRider Rush+. As part of the event, players can experience virtual versions of Hyundai’s latest electric vehicles (EVs), such as the Ioniq 9, the company’s first large [...]