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Half of Hyundai IONIQ 5 Buyers are Older than 50

SEOUL, Aug. 2 (Korea Bizwire) — Half of Hyundai Motor Co.’s IONIQ 5 all-electric car buyers are in their 50s or older, indicating that the customer base is similar to that of its existing vehicles with internal combustion engines. The company analyzed the customer data for 5,700 units of the Ioniq 5 that had been [...]

Department Stores Move Heaven and Earth to Source Good Products

SEOUL, April 28 (Korea Bizwire) — Buyers from major department stores are moving heaven and earth to procure better products, as many of small and medium-sized enterprises which were once standing cap in hand to ask department stores to sell their products are now shifting focus towards e-commerce platforms. A Hyundai Department Store buyer recently [...]