SEOUL, Jan. 12 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung has been named the 2023 MotorTrend Person of the Year for his leadership in transforming the South Korean carmaker into a major mobility solution provider. U.S. automobile magazine MotorTrend selects the 50 most influential people in the automotive industry each year. This [...]
SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States fell 1 percent in 2022 from a year earlier amid a prolonged chip shortage. Hyundai and Kia sold a total of 1.47 million vehicles in the world’s most important automobile market last [...]
SEOUL, Jan. 4 (Korea Bizwire) — Hyundai Motor Group said Wednesday its wholly owned U.S. unit Supernal will collaborate with Microsoft Corp. to develop advanced air mobility (AAM) solutions. Supernal will utilize Microsoft’s cloud computing platform to develop AAM solutions, such as autonomous flight, three-dimensional flight, and virtual manufacturing and services, Hyundai said in a [...]
SEOUL, Jan. 3 (Korea Bizwire) – South Korea’s Hyundai Motor Group said Tuesday it will accelerate a wider transition to electric vehicles (EV) this year as it aims to morph into a future mobility solutions provider. In his meeting for the new year with employees, the group’s Executive Chair Euisun Chung said the company will [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hyundai Motor Group said Wednesday that a documentary on its corporate social responsibility (CSR) activities in China is drawing a favorable response from Chinese people. In collaboration with Discovery Channel, the group made a mini-documentary under the theme of its CSR activities in China, including the prevention of desertification, [...]
SEOUL, Dec. 21 (Korea Bizwire) — The Genesis electrified G80 earned the highest crash safety rating from the Insurance Institute for Highway Safety (IIHS), Hyundai Motor Co. said Wednesday. The South Korean carmaker produces the luxury SUV and high-end sedans under its independent Genesis brand. The electrified G80 sedan earned high scores in a wide [...]
SEOUL, Dec. 20 (Korea Bizwire) — Hyundai Motor Co. on Tuesday unveiled the design of the all-new Kona subcompact SUV ahead of its domestic launch early next year. The new Kona is the second-generation model after the first version was launched in June 2017, the company said in a statement. It will be available in [...]
SEOUL, Dec. 20 (Korea Bizwire) — Hyundai Motor Co. announced on Monday the launch of the Universe Mobile Office bus, South Korea’s first mass-produced mobile office. The model is derived from Hyundai’s premium Universe bus, recreating it as an office space. Passengers can work and rest while they’re on the road. The private workspace consists of [...]
SEOUL, Dec. 19 (Korea Bizwire) — Genesis, the luxury brand of Hyundai Motor Co., has decided to halt new internal combustion engine models from 2025 amid a precipitous drop in the share of its diesel models in the domestic market. According to industry sources, Genesis saw its cumulative domestic sales reach 119,839 units in the [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Sunday the IONIQ 5 all-electric model and the Santa Fe SUV have received three awards in the 2023 Kelley Blue Book Best Buy Awards. The IONIQ 5 beat its rivals in two categories, winning the Electric Vehicle segment and the New Model segment. [...]