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RVs Account for Nearly Half of S. Korean Automakers’ Domestic Sales in H1

RVs Account for Nearly Half of S. Korean Automakers’ Domestic Sales in H1

SEOUL, Jul. 14 (Korea Bizwire) — Recreational vehicles (RVs) accounted for nearly half of South Korean carmakers’ domestic sales in the first half of the year, industry data showed Sunday. In South Korea, SUVs and minivans are included in the RV category. According to the data, the country’s five automakers, including Hyundai Motor Co. and [...]

Hyundai’s Commercial Vehicles to be Equipped with Advanced Driver Warning System

Hyundai’s Commercial Vehicles to be Equipped with Advanced Driver Warning System

SEOUL, Jul. 14 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday that, starting from 2021, it will apply an advanced forward collision avoidance system to trucks and vans produced by Hyundai Motor Co. Hyundai Mobis has developed the driver state warning (DSW) system, which detects drowsy driving or lack [...]

Hyundai Signs MOU with Saudi Aramco on Hydrogen Energy

Hyundai Signs MOU with Saudi Aramco on Hydrogen Energy

SEOUL, Jun. 26 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, said Wednesday it has signed an initial pact with Saudi Arabia’s national oil company, Saudi Aramco, to cooperate on hydrogen energy. On Tuesday, Hyundai Motor Executive Vice Chairman Chung Euisun signed a memorandum of understanding with Ahmad A. Al-Sa’adi, senior vice president [...]

Hyundai Motor Invests in U.S. Autonomous Auto Startup Aurora

Hyundai Motor Invests in U.S. Autonomous Auto Startup Aurora

SEOUL, Jun. 13 (Korea Bizwire) — Hyundai Motor Group said Thursday it has invested in U.S. self-driving car startup Aurora Innovation to enhance its autonomous vehicle technologies. In the partnership, the South Korean auto group will jointly develop autonomous vehicle technologies in order to come up with an optimal self-driving platform for models produced by [...]