SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Group said Tuesday its total global sales of electric vehicles had exceeded 1 million units as of 2022, 11 years after the conglomerate entered the market. Hyundai Motor Co. and Kia Corp. saw their accumulative sales of EVs reach 1.02 million units as [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined sales in Europe rose 4.2 percent in 2022 from a year earlier amid a global chip shortage and the COVID-19 pandemic. Hyundai and Kia sold a combined 1,060,989 vehicles in Europe last year, up from 1,018,636 [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Motor Co. on Wednesday launched the all-new Kona subcompact SUV in the domestic market, while planning to introduce its electrified version in the second quarter of this year. Hyundai Motor aims to sell 37,000 units of the new Kona — the first fully revamped model in five years [...]
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 [...]