SEOUL, Jul. 19 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, will start operation of its fifth assembly plant in China next month to better meet growing local demand for small vehicles, the company said Wednesday. Beijing Hyundai Motor Co., a 50:50 joint venture set up by Hyundai Motor and Beijing [...]
SEOUL, July 17 (Korea Bizwire) – Hyundai Motor Co. said Monday it will strengthen door-to-door charging services for its Ioniq electric vehicles (EVs), a move to promote consumer acceptance of electric vehicles. Hyundai Motor has recently increased the number of service vehicles which offer door-to-door charging services to 60 from 10 across the country. It formerly [...]
SEOUL, Jul. 14 (Korea Bizwire) — South Korean carmaker Hyundai Motor Co. said Friday it will launch two high-performance vehicles in Europe later this year to strengthen its i30 lineup. On Thursday in Germany (local time), Hyundai unveiled the i30N powered by a 2.0-liter gasoline turbo engine and the i30 Fastback in a world premiere, [...]
SEOUL, July 11 (Korea Bizwire) – South Korea’s top 15 conglomerates said Tuesday they will voluntarily overhaul unfair practices without any intervention from the government, a local business lobby said. In a meeting with Lee Dong-geun, vice chairman of the Korea Chamber of Commerce and Industry (KCCI), 15 business leaders agreed with general calls that [...]
SEOUL, Jul. 10 (Korea Bizwire) — Hyundai Motor Co. said Monday it will launch its first racing car for sale this year, a move to enhance its brand image in global markets. Hyundai Motor has developed the i30 N TCR (Touring Car Race) based on the i30 N hatchback, which has completed a 24-hour endurance [...]
SEOUL, July 3 (Korea Bizwire) – Hyundai Motor Co. said Monday its sales fell 16 percent last month from a year earlier hit by weakening overseas demand, particularly in the Chinese market. The country’s biggest carmaker by sales sold a total of 376,109 vehicles in June, down from 445,021 units a year earlier, the company [...]
SEOUL, Jul. 3 (Korea Bizwire) — South Korean carmaker Hyundai Motor Co. said Monday it took the top spot in J.D. Power’s customer satisfaction survey in China this year despite declining sales in the wake of a diplomatic row between the two countries. In 2017, Hyundai Motor took the No. 1 position back in China [...]
Kia’s Telluride luxury sport-utility vehicle (Imgage: Yonhap) SEOUL, June 28 (Korea Bizwire) – Hyundai Motor Co. and its sister brand Kia Motors Corp. said Wednesday that four of their vehicle models have won awards or have been tapped as finalists in a U.S. design competition. The Genesis luxury G80 Sport sedan, the latest version of [...]
SEOUL, June 19 (Korea Bizwire) – Hyundai Motor Co. said Monday it will hold a three-week-long showcase event to unveil its luxury fuel cell concept sport utility vehicle, the GV80, in South Korea. In the showcase that will last through July 9 at its Genesis Studio in Hanam, just east of Seoul, visitors will be [...]
SEOUL, Jun. 15 (Korea Bizwire) — Automakers in South Korea are expected to vie fiercely for a bigger slice of the market for subcompact sport utility vehicles (SUVs) following Hyundai Motor Co.’s entry into the fast-growing segment, analysts said Wednesday. In an extravagant rollout in Seoul, South Korea’s leading automaker Hyundai unveiled its first subcompact [...]