SEOUL, Nov. 11 (Korea Bizwire) – Hyundai Motor Co. said Tuesday it has been selected as the supplier for an Indonesian electric bus project on the resort island of Bali. The company said its quality competitiveness, after-sales service program and experience in eco-friendly public projects were recognized by the project organizers. Under the agreement, Hyundai [...]
LOS ANGELES, Nov. 11 (Korea Bizwire) — Kia has unveiled the redesigned 2027 Telluride, a fully reimagined second-generation model of its flagship SUV for the North American market, the company said Monday (local time). First introduced in 2019 and produced at Kia’s Georgia plant, the Telluride has become one of the brand’s biggest U.S. success stories, [...]
SEOUL, Nov. 10 (Korea Bizwire) – Korea Aerospace Industries Ltd. (KAI), South Korea’s sole aircraft manufacturer, said Monday it has been selected by U.S. defense giant Lockheed Martin Corp. as a partner to upgrade simulators for the Air Force’s KF-16 fighter jets. KAI will upgrade nine KF-16 simulators previously delivered to the Air Force to [...]
SEOUL, Nov. 7 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. showcased the latest advances in smart factory technology at their annual “E-Forest Tech Day 2025,” held this week at production facilities in Hwaseong and Ulsan, the companies said Thursday. Now in its sixth year, the event featured 177 innovations across four themes: automation, manufacturing [...]
SEOUL, Nov. 6 (Korea Bizwire) — A South Korean court on Thursday handed a suspended prison sentence to the former head of Volkswagen’s Korean unit, nearly nine years after he was indicted for his role in the automaker’s emissions-rigging scandal. The Seoul Central District Court sentenced Johannes Thammer, former managing director of Audi Volkswagen Korea [...]
SEOUL, Nov. 4 (Korea Bizwire) — Seoul’s experiment with “no-scooter zones” has drawn strong public support, with a majority of residents reporting safer and more comfortable pedestrian environments, city officials said Monday. The pilot program, the first of its kind in South Korea, was launched in May along two busy stretches: the 1.3-kilometer Red Road [...]
SEOUL, Oct. 30 (Korea Bizwire) – Hyundai Motor Co. said Thursday it broke ground on a new hydrogen fuel cell production facility in the southeastern city of Ulsan, marking a step forward in solidifying the automaker’s leadership in the future mobility sector. The company held a groundbreaking ceremony at its main car manufacturing complex in [...]
SEOUL, Oct. 29 (Korea Bizwire) — South Korea’s auto industry breathed a sigh of relief on Wednesday after the United States agreed to lower tariffs on Korean vehicles, a move that removes a major trade irritant and strengthens a deal underpinning Seoul’s $350 billion investment pledge in the American economy. The announcement followed a summit between [...]
SEOUL, Oct. 29 (Korea Bizwire) – Kia Corp., South Korea’s second-largest carmaker, said Wednesday its first dedicated electric light commercial vehicle (eLCV), the PV5 Cargo, has set a Guinness World Records title for driving range. The PV5 Cargo traveled 693.38 kilometers on a single charge while carrying its maximum payload of 665 kilograms, the company [...]
SEOUL, Oct. 29 (Korea Bizwire) – Hyundai Motor Co. plans to spotlight its hydrogen fuel-cell technology at the Japan Mobility Show this week as the South Korean automaker pushes to expand in a market long dominated by Toyota. The company said Wednesday it will introduce the latest Nexo hydrogen-powered SUV in Japan in the first half [...]