SEOUL, Aug. 1 (Korea Bizwire) — Hyundai Motor Co. held a special event during a K League 1 match at Jeonju World Cup Stadium between Jeonbuk Hyundai Motors and Jeju United on Saturday, in which players entered the arena with canine blood donors. It was the first time for players at a South Korean football [...]
SEOUL, July 26 (Korea Bizwire) — Hyundai Motor Co. announced on Monday that the company’s Veloster N ETCR won the fifth round of the Pure ETCR, an all-electric multi-brand touring car championship. The series consists of four short-distance races and a final race. The ranking of the manufacturers and drivers is set by adding the [...]
SEOUL, July 24 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. recorded robust on-year sales growth in Vietnam and Indonesia in the first half of 2022, delivering strong performances in the markets traditionally dominated by Japanese automakers, local industry associations’ data showed Sunday. The combined sales of Hyundai Thanh Cong Manufacturing Vietnam [...]
SEOUL, July 21 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday its second-quarter net profit jumped 56 percent from a year earlier on improved product mix and a weak won. Net profit for the three months ended in June rose to 3.08 trillion won (US$2.34 billion) from 1.98 trillion won during the same [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Wednesday it will supply 50 IONIQ 5 all-electric vehicles to a Japanese taxi company from August. Hyundai Motor has recently signed a deal with Kyoto-based MK Taxi to gradually supply the 50 zero-emission models to the Japanese company, the company said in a [...]
SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Group said Tuesday it has signed an initial pact with Rolls-Royce to jointly develop an advanced air mobility (AAM) at Britain’s international air show. The partnership is aimed at bringing all-electric propulsion and hydrogen fuel cell technology to the AAM market, Hyundai said in a statement. Hyundai [...]
SEOUL, July 18 (Korea Bizwire) – South Korea’s Hyundai Motor Co. said Monday it has showcased its urban air mobility (UAM) technologies at Britain’s international air show through its wholly-owned U.S. UAM unit, Supernal. Supernal unveiled a peep into the future electrical vertical take-off and landing (eVTOL) aircraft concept, its design and technologies at the [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Friday it will launch its first all-electric high-performance IONIQ 5 N model in the domestic market next year. Hyundai has strengthened the high-performance N brand and the N Line brand to compete with its bigger rivals in terms of performance cars. The N [...]
BUSAN, July 14 (Korea Bizwire) — South Korea’s Hyundai Motor Co. on Thursday unveiled its second dedicated EV model IONIQ 6 at the Busan International Motor Show ahead of its local launch in September. The IONIQ 6 is the second model embedded with Hyundai Motor Group’s EV-only electric-global modular platform (E-GMP) following the IONIQ 5, [...]
SEOUL, July 12 (Korea Bizwire) — Management and unionized workers of South Korea’s top automaker Hyundai Motor Co. reached a tentative wage deal on Tuesday, averting a labor strike for the fourth consecutive year. The two sides agreed to a 98,000 won (US$74.80) increase in basic monthly pay, the construction of a new electric vehicle [...]