SEOUL, Aug. 28 (Korea Bizwire) — Unionized workers at Hyundai Motor Co. have reached a tentative wage and collective bargaining agreement, averting strikes for the first time in eight years, the company and the union said Wednesday. “The union has decided to accept the company’s revised proposals as uncertainties in business environments grow further due [...]
SEOUL, Aug. 26 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Monday it will temporarily run a showroom in China to have local customers experience its hydrogen vehicle technologies. Hyundai Motor has opened the “Hyundai Hydrogen World” exhibition hall in Shanghai and plans to run it for two weeks from Monday through [...]
SEOUL, Aug. 23 (Korea Bizwire) – Hyundai Motor Co. said Friday it will provide five hydrogen-powered buses to the southern port city of Busan by October in a move to promote hydrogen-powered vehicles. The Busan metropolitan city is planning to establish 19 hydrogen charging stations by 2022 to make 4,500 hydrogen passenger cars and 100 hydrogen buses [...]
SEOUL, Aug. 19 (Korea Bizwire) — Genesis, the independent luxury brand of Hyundai Motor Co., said Monday it has introduced its premium city car concept at a U.S. luxury car exhibition. Genesis displayed the “Mint Concept” at Monterey Car Week 2019, which was held in Monterey, California from Aug. 14-18 (local time), Genesis said in [...]
SEOUL, Jul. 22 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, on Monday delivered better than expected earnings for the second-quarter by posting a 23 percent rise in net profit on the back of a weak won and robust sales of new models. Net profit for the three months that ended [...]
SEOUL, Jul. 22 (Korea Bizwire) — Hyundai Motor Co. on Monday launched the gasoline hybrid version of its all-new Sonata sedan in the domestic market for customers wanting fuel-efficient cars. The Sonata 2.0-liter gasoline hybrid model comes with a six-speed automatic transmission and a solar roof, and it boasts a fuel economy of over 20 [...]
SEOUL, Jul. 19 (Korea Bizwire) — Hyundai Motor Group, South Korea’s biggest carmaker, said Friday it has developed the world’s first active shift control (ASC) technology for hybrid vehicles. The new technology improves gear-shift efficiency for hybrid vehicles, according to Hyundai Motor. It will be applied to the upcoming Sonata hybrid and the group’s other [...]
SEOUL, Jul. 14 (Korea Bizwire) — Recreational vehicles (RVs) accounted for nearly half of South Korean carmakers’ domestic sales in the first half of the year, industry data showed Sunday. In South Korea, SUVs and minivans are included in the RV category. According to the data, the country’s five automakers, including Hyundai Motor Co. and [...]
SEOUL, Jul. 14 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday that, starting from 2021, it will apply an advanced forward collision avoidance system to trucks and vans produced by Hyundai Motor Co. Hyundai Mobis has developed the driver state warning (DSW) system, which detects drowsy driving or lack [...]
SEOUL, Jul. 11 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will test a ‘self-driving robo-taxi’ in Russia it has developed with Russian internet search firm Yandex. Under an initial agreement signed in March, Hyundai and Yandex have developed a driverless riding platform based on Hyundai’s Sonata midsize sedan. They will begin testing 100 [...]