SEOUL, Nov. 1 (Korea Bizwire) — South Korean carmakers’ sales fell 22 percent last month from a year earlier as an extended global chip shortage and the COVID-19 pandemic continued to weigh on vehicle production and sales, industry data showed Monday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korean carmakers are embracing a new marketing trend in which dedicated display space is set up for each model, a break from the past tradition of displaying various car models in a single showroom. Hyundai Motor Co. launched a new mini SUV Casper in the domestic market last [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Korean carmakers’ sales fell 21 percent last month from a year earlier as an extended global chip shortage and the COVID-19 pandemic continued to weigh on vehicle production and sales, industry data showed Friday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault [...]
SEOUL, Sept. 13 (Korea Bizwire) — With demand for contactless consumption continue to rise along with the spread of COVID-19, carmakers are tapping into home shopping platforms to push for a new sales strategy. Renault Samsung Motors Corp., the South Korean unit of Renault S.A., launched a home shopping program in July to sell the [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korean carmakers’ sales fell 4.5 percent last month from a year earlier as an extended global chip shortage and the COVID-19 pandemic continued to weigh on vehicle production and sales, industry data showed Wednesday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korean carmakers’ sales fell slightly last month from a year earlier as a global chip shortage and the extended COVID-19 pandemic affected their vehicle production and sales, industry data showed Monday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. [...]
SEOUL, July 1 (Korea Bizwire) — South Korean carmakers’ sales rose 15 percent last month from a year earlier as overseas demand remained steadfast despite the extended COVID-19 pandemic, industry data showed Thursday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. — [...]
SEOUL, June 1 (Korea Bizwire) — South Korean carmakers’ sales rose 41 percent last month from a year earlier on strong overseas demand amid a quicker-than-expected recovery from the COVID-19 pandemic and a lower base effect, industry data showed Tuesday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung [...]
SEOUL, May 4 (Korea Bizwire) — The trend of convergence in the roles of carmakers and auto insurers is forecast to accelerate as self-driving technologies continue to become more sophisticated, a report showed Monday. A growing number of carmakers are providing car insurance services by themselves or establishing joint ventures with insurance companies to develop [...]
SEOUL, May 3 (Korea Bizwire) – South Korean carmakers’ sales jumped 77 percent last month from a year earlier driven by robust overseas demand for SUVs amid the extended COVID-19 pandemic, industry data showed Monday. The five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. [...]