SEOUL, Oct. 21 (Korea Bizwire) – Kia Corp., South Korea’s second-largest automaker, on Tuesday opened its second complete knock-down (CKD) assembly plant in Kazakhstan as part of efforts to expand its production capacity and strengthen its foothold in Central Asia. An opening ceremony for the plant in Kostanay, northwestern Kazakhstan, was attended by Kia President [...]
GOYANG, Oct. 20 (Korea Bizwire) – Kia Corp., South Korea’s second-largest automaker, on Monday showcased a lineup of its military mobility platforms at the Seoul International Aerospace & Defense Exhibition (ADEX) 2025. At the biennial defense trade show under way at KINTEX in Goyang, just northwest of Seoul, Kia featured a military command variant of [...]
SEOUL, Oct. 20 (Korea Bizwire) — While Hyundai Motor struggles under tariff pressures in its largest market, the United States, the South Korean automaker is finding fresh momentum in Europe, buoyed by surging sales and strong demand for electric and hybrid vehicles. According to Hyundai’s investor relations data released on October 19, the company’s passenger car [...]
SEOUL, Oct. 16 (Korea Bizwire) — Airbus SE, the European aerospace giant, pledged Thursday to strengthen its partnership with South Korea, expanding industrial cooperation and sustainability efforts across commercial aviation and defense. Speaking in Seoul ahead of the Seoul International Aerospace and Defense Exhibition (ADEX) 2025, Lee Hee-hwan, president of Airbus Korea, said the company [...]
SEOUL, Oct. 15 (Korea Bizwire) – Families of victims of a Jeju Air Co. plane crash that occurred late last year have filed a lawsuit against U.S. aircraft manufacturer Boeing Co. in an American court, holding the company responsible for alleged manufacturing defects, according to the families Wednesday. According to the families and their legal [...]
SEOUL, Oct. 15 (Korea Bizwire) — As South Korea pushes for wider adoption of Driver Monitoring Systems (DMS) to prevent fatigue-related traffic accidents, truck and bus drivers are voicing growing unease over privacy intrusions and cost burdens. While most drivers and operators acknowledge the need for safer roads, many fear that DMS — which tracks [...]
SEOUL, Oct. 14 (Korea Bizwire) – Hyundai Motor Co. said Tuesday it has unveiled the works of artist Maret Anne Sara at Tate Modern in London, part of a prestigious annual art project hosted jointly by the South Korean automaker and the renowned British art gallery. Now in its 10th year, the Hyundai Commission project [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea’s GM operations are feeling the brunt of a prolonged U.S. tariff reduction delay, as sales of its flagship export models — the Trax Crossover and Trailblazer — plunge sharply, rekindling concerns over the automaker’s future in the country. According to industry data released Saturday, GM Korea sold 23,723 [...]
SEOUL, Oct. 10 (Korea Bizwire) – Sales of imported vehicles in South Korea rose more than 30 percent in September from a year ago, driven by strong demand for Tesla and steady sales of hybrid and electric vehicles (EVs), industry data showed Friday. According to the Korea Automobile Importers & Distributors Association (KAIDA), the number [...]
SEOUL, Oct. 10 (Korea Bizwire) – Hyundai Motor Co. said Friday its autonomous hydrogen-powered truck, developed in partnership with the U.S.-based autonomous driving firm PlusAI, has been named by Time magazine as one of the best inventions of 2025. Hyundai’s Xcient Fuel Cell Class 8 heavy-duty truck, integrated with PlusAI’s Level 4 autonomous driving system, [...]