SEOUL, Nov. 16 (Korea Bizwire) – Sales of mini cars by South Korea’s five automakers are expected to remain below 100,000 units for a second consecutive year in 2025, industry data showed Sunday, amid a lack of new models and shifting consumer preferences. From January to October, the five carmakers — Hyundai Motor Co., Kia [...]
SEOUL, Sept. 6, (Korea Bizwire) – The resurgence of city cars, a segment that has long been overlooked, is now gaining momentum. In August, three city car models ranked among the top 10 in domestic passenger vehicle registrations. This surge in popularity can be attributed to several factors, including higher vehicle prices, rising fuel costs, [...]
SEOUL, Sept. 16 (Korea Bizwire) – Sales of city cars in South Korea decreased for the 20th month in a row as popularity for the small, practical vehicles decline amid rising demand for crossovers, industry data showed Sunday. The total number of mini urban haulers with an engine displacement of under 1,000 cc stood at [...]
SEOUL, Jan. 4 (Korea Bizwire) – Kia Motors unveiled Wednesday the All New Morning, or Picanto in some international markets, which will make its official launch in Korea later in January. The new Morning is the first refreshed model of the vehicle in six years, after the last (second) generation Morning was released in 2011, [...]