SEOUL, Sept. 24 (Korea Bizwire) — Hyundai Motor Co. and LG Electronics Inc. on Thursday unveiled an interior concept for future vehicles as the two South Korean firms join hands to showcase enhanced in-car experiences. The IONIQ Concept Cabin is designed to show that future Hyundai vehicles can be a mobility solution that reflects people’s [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, on Wednesday unveiled the exterior design of the Sonata N Line model as it strives to boost sales amid the coronavirus outbreak. The Sonata N Line model comes with a 2.5-liter gasoline turbocharged engine. Its parametric-jewel-pattern grille and three air intake holes [...]
SEOUL, Sept. 21 (Korea Bizwire) — Hyundai Motor Co. and its labor union agreed Monday to freeze wages for the first time in 11 years as the carmaker struggles to ride out the impact of the coronavirus pandemic. The two sides reached a wage deal without a strike for the second consecutive year, the company [...]
SEOUL, Sept. 16 (Korea Bizwire) — Hyundai Motor Co. said Wednesday that it has exported four units of a hydrogen fuel cell system to Europe, paving the way for further shipments of the environmentally friendly energy solution. The hydrogen fuel cell system will be delivered to GRZ Technologies Ltd., a Switzerland-based company specializing in energy [...]
SEOUL, Sept. 15 (Korea Bizwire) — Hyundai Motor Co. has introduced a new service that offers chauffeur and car delivery services using a digital key, regardless of where the driver is currently located. The company announced Monday that the digital key can be used to pick up cars, request chauffeurs, and deliver the car to [...]
SEOUL, Sept. 15 (Korea Bizwire) — Hyundai Motor Co. said Tuesday it plans to launch the new Tuscon SUV in the domestic market next month to boost sales amid the prolonged coronavirus outbreak. The fourth-generation Tucson SUV comes with a 1.6-liter gasoline turbocharged engine, a 1.6 turbocharged gasoline hybrid engine or a 2.0 diesel engine, [...]
SEOUL, Sept. 8 (Korea Bizwire) — Hyundai Motor Group and electric vehicle (EV) battery maker SK Innovation Co. said Tuesday they will cooperate in the EV battery business for win-win synergies. The battery partnership comes as Hyundai and SK Innovation seek to foster future mobility solutions and EV batteries as new growth drivers, respectively. The [...]
SEOUL, Sept. 6 (Korea Bizwire) — Hyundai Motor Co.’s average sales price for its vehicles has increased sharply in South Korea over a span of one-and-a-half years, a report showed Sunday, on the back of its new luxury models. The average sales price (ASP) of Hyundai vehicles in South Korea was 33.4 million won (US$28,100) [...]
SEOUL, Sept. 4 (Korea Bizwire) — China, for the first time since banning foreigners from entering the country in March following the coronavirus outbreak, has allowed a chartered plane to land in Beijing. Hyundai Motor Group was approved by the Chinese government to land three chartered planes carrying 600 people at Beijing Capital International Airport [...]
SEOUL, Aug. 20 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Thursday it has partnered with a think tank and a company in Australia to jointly develop hydrogen production technology. Hyundai signed an initial contract with the Commonwealth Scientific and Industrial Research Organization (CSIRO) and Fortescue Metal Group Ltd. (FMG) to collaborate [...]