SEOUL, Oct. 13 (Korea Bizwire) — Genesis, Hyundai Motor Co.’s independent luxury brand, announced Monday that it plans to offer a new subscription plan for its vehicles. Genesis Spectrum is the country’s first monthly subscription program to be launched by a domestic automaker, and allows users to gain easy access to a wide variety of [...]
SEOUL, Oct. 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Tuesday it has started the construction of an innovation lab in Singapore to explore new mobility business opportunities. Hyundai Motor plans to build the Hyundai Mobility Global Innovation Center in Singapore by 2022 as it aims to explore business ideas and [...]
SEOUL, Oct. 13 (Korea Bizwire) – Amid Hyundai Motor Co.’s official decision to enter the used car dealership market, a high ranking company official made a half-truth comment about the initiative, sparking controversy. Kim Dong-wook, senior vice president of Hyundai Motor, said during an appearance at the parliamentary inspection of the Trade, Industry, Energy, SMEs [...]
SEOUL, Oct. 11 (Korea Bizwire) — Hyundai Motor Co. has decided to voluntarily recall its Kona all-electric models sold overseas, industry insiders said Sunday, after the automaker vowed to take the same step on the home turf over potential battery fire risks. Hyundai will globally recall some 77,000 Kona Electric models manufactured between September 2017 [...]
SEOUL, Oct. 8 (Korea Bizwire) — Hyundai Motor Co. will voluntarily recall over 25,000 Kona all-electric models for a faulty battery cell component, the transport ministry said Thursday. Hyundai will recall 25,564 Kona Electric models manufactured between Sept. 29, 2019, and March 13, 2020, as a possible short circuit in the faulty battery cell system [...]
SEOUL, Oct. 8 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday it aims to export 64,000 hydrogen-powered trucks by 2030 amid growing demand for environment-friendly vehicles. Hyundai Motor is at an initial state of selling its hydrogen fuel-cell commercial vehicles in global markets. In July, the company shipped 10 [...]
SEOUL, Oct. 8 (Korea Bizwire) — Hyundai Motor Co. plans to introduce a new test drive program that offers a car camping experience, which is gaining popularity amid the coronavirus pandemic. Starting Friday, Hyundai Motor Studio will offer a special four-hour test drive program on weekends at Yeongjongdo Wangsan Beach and Misa Gyeongjeong Park where [...]
SEOUL, Oct. 8 (Korea Bizwire) — Hyundai Motor Co. is tightening discipline at its production lines by taking a string of disciplinary actions against delinquent employees. The carmaker announced on Wednesday that it had fired one of two workers at its plant in Asan, South Chungcheong Province who frequently left work without providing appropriate notice [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Motor Group emerged to become the world’s fourth-largest player in terms of global sales of electric vehicles (EVs) over the first seven months of 2020, data showed Sunday. South Korea’s top automotive group saw its combined sales of electric vehicles advance 25 percent on-year to reach 60,707 over [...]
SEOUL, Oct. 2 (Korea Bizwire) — Retail sales of Hyundai Motor Co. in the United States rose 7 percent in the third quarter from a year earlier on rising demand for its sport utility vehicles (SUVs), the carmaker’s U.S. unit said Friday (Korean time). Hyundai sold a total of 170,838 units stateside in the July-September [...]