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Hyundai’s New Santa Fe Shows Off Its Superior Value Proposition Ahead of U.S. Debut

Hyundai’s New Santa Fe Shows Off Its Superior Value Proposition Ahead of U.S. Debut

ILSAN/PAJU, South Korea, Feb. 21 (Korea Bizwire) – Hyundai Motor Co.’s all-new Santa Fe sport-utility vehicle showed off its superior value proposition on the roads near Seoul ahead of its planned launches in global markets, starting with the United States this summer. In the 100 minutes-long 120 kilometer course through the towns of Ilsan and Paju, just northwest of the capital city, the fully-revamped Santa Fe, [...]

Hyundai Aims to Sell 10,000 Hydroelectric Vehicles by 2022

Hyundai Aims to Sell 10,000 Hydroelectric Vehicles by 2022

(image: Hyundai Motor) PYEONGCHANG, Feb. 5 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Monday it aims to have sold 10,000 hydrogen-powered NEXOs in global markets by 2022. The hydrogen fuel-cell electric vehicle will go on sale domestically next month and will be exported to major markets, such as Europe, [...]

Carmakers’ Jan. Sales Rise 0.4% on New Models, Base Effect

Carmakers’ Jan. Sales Rise 0.4% on New Models, Base Effect

SEOUL, Feb. 1 (Korea Bizwire) – South Korea’s five carmakers said Thursday their combined sales rose 0.4 percent last month from a year earlier, helped by new models and a base effect. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. — sold a combined 613,796 vehicles in January, up from [...]

More Autonomous Cars Being Tested in South Korea

More Autonomous Cars Being Tested in South Korea

SEOUL, Jan. 19 (Korea Bizwire) — The mileage for autonomous car test drives has surpassed 190,000 kilometers in South Korea over the last two years. The Ministry of Land, Infrastructure and Transport said on Thursday that a total of 30 autonomous vehicles from 17 organizations have been undergoing testing since 2016, when test drives for [...]

Hyundai Motor Invests in Ride-hailing Firm Grab for Partnership

Hyundai Motor Invests in Ride-hailing Firm Grab for Partnership

SEOUL, Jan. 11 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday it invested in the Southeast Asian ride-hailing firm Grab for a possible business partnership in the transportation service sector. Hyundai Motor reportedly invested tens of billions of won to acquire a stake in Grab so it could get [...]

Hyundai, Cisco to Unveil Hyperconnected Car Next Year

Hyundai, Cisco to Unveil Hyperconnected Car Next Year

SEOUL, Jan. 10 (Korea Bizwire) — Hyundai Motor Co. and Cisco Systems Inc. said they will team up to produce a next-generation, hyperconnected car next year in the latest move to stay ahead of global competition as sweeping changes in transportation and mobility pick up pace. The two firms aim to create a flexible and [...]