SEOUL, March 24 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Friday it has set up a branch in Thailand to gain a share in the local market dominated by Japanese carmakers. Hyundai has recently established Hyundai Mobility Thailand and will begin its operations on April 1, a company official said over the phone. [...]
SEOUL, March 23 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, said Wednesday it will host an exhibition at AP AGAIN in eastern Seoul to introduce the Re:Style project featuring fashion items made of waste vehicle materials. This project was designed to promote eco-friendly upcycling by establishing a link between automobiles and fashion, [...]
SEOUL, March 16 (Korea Bizwire) — The Ministry of Employment and Labor on Wednesday signed a business agreement with Hyundai Motor Co. and its affiliated car repair service provider Bluehands to systematically train repair and maintenance workers for eco-friendly vehicles. The signatories will promote cooperation in various areas, including a survey on demand for eco-friendly [...]
SEOUL, March 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s leading carmaker, said Monday it is in the process of acquiring General Motors Co.’s car manufacturing facility in India. Hyundai Motor has signed a term sheet with GM to take over the U.S. carmaker’s Talegaon plant in Maharashtra, the company said in a statement. [...]
SEOUL, March 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Monday launched the upgraded Avante compact in the domestic market, with its performance version set to be released later this year. The New Avante, a face-lifted model in three years, comes with a 1.6-liter gasoline, a 1.6 liquid propane injection (LPI), or a [...]
SEOUL, March 7 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Tuesday unveiled the Kona Electric subcompact SUV ahead of its domestic launch in the second quarter. The all-new Kona Electric comes with a 64.8 kilowatt-hour battery pack and it is expected to travel more than 410 kilometers on a single charge, Hyundai said [...]
SEOUL, March 3 (Korea Bizwire) — South Korean auto giant Hyundai Motor Co. on Thursday launched the recruitment of new employees for its production line for the first time in 10 years, with its online application website undergoing delays due to heavy traffic. There are no restrictions on age or gender as long as applicants [...]
SEOUL, March 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 16 percent in February from a year earlier on robust sales of SUVs and eco-friendly models. Hyundai and Kia sold 122,111 vehicles in the world’s most important automobile market last month, [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has begun production of an electric vehicle (EV) in the United States in response to the U.S. Inflation Reduction Act (IRA), which allows no subsidies for imported EVs. On Feb. 21 (U.S. time), the South Korean carmaker started to assemble the Genesis GV70 [...]
SEOUL, Feb. 15 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. enjoyed record-high sales in the Indian market last month backed by robust SUV sales, data showed Tuesday. According to the Society of Indian Automobile Manufacturers and Hyundai Motor Group, Hyundai and Kia sold 50,106 units and 28,634 vehicles, respectively, last month [...]