SEOUL, Jan. 24 (Korea Bizwire) — South Korean carmaker Hyundai Motor Co. said Thursday it will set up a joint venture with a Vietnamese company to boost sales in the emerging market. Hyundai Motor and Thanh Cong Group signed an initial agreement to establish a sales JV that will be tasked with selling 100,000 vehicles [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. ranked top in customer loyalty for the second year in a row for its smartphones and televisions in the United States, a New York-based market tracker said Wednesday. Hyundai Motor Co., South Korea’s leading automaker, secured first place in car brand loyalty [...]
SEOUL, Jan. 21 (Korea Bizwire) — Hyundai Motor Group, South Korea’s biggest carmaker by sales, said Monday it has developed a safer airbag deployment system to better protect people from multiple crashes. The advanced airbag system immediately prepares for additional crashes once it recognizes an initial collision, in cases where the collision is not serious [...]
SEOUL, Jan. 16 (Korea Bizwire) — Hyundai Motor Co., South Korean’s largest carmaker by sales, said Wednesday that Singapore-based Grab began using its Kona Electric for its ride-hailing service this month. In November, Hyundai Motor and its affiliate Kia Motors Corp. jointly invested US$250 million in the Southeast Asian company for a business partnership in [...]
SEOUL, Jan. 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker, said Sunday that accumulated sales of its vehicles in China surpassed the 10 million unit mark in 2018. The milestone was reached 16 years after the company entered the key neighboring country, which has since become the largest market for new cars [...]
SEOUL, Jan. 11 (Korea Bizwire) — In theory, hydrogen seems like the perfect energy source to power a vehicle, in that it is the most prevalent element in nature, it can be turned into electricity and emits only water. It has been several decades since the zero-emission cars entered the public consciousness as a possible [...]
SEOUL, Jan. 8 (Korea Bizwire) — Construction of Hyundai Motor Co.’s new Global Business Center has been given the green light and is expected to begin soon in Gangnam, Seoul. The Ministry of Land, Infrastructure and Transport said on Monday that Hyundai’s plan for its new headquarters passed governmental review. Hyundai Motor will invest 3.7 [...]
SEOUL, Jan. 8 (Korea Bizwire) — Hyundai Motor Co. has outlined its future mobility strategies at the annual Consumer Electronics Show (CES) in Las Vegas, the company said Tuesday. At the world’s biggest technology show that will be open to the public from Jan. 8-11 (U.S. time), Hyundai Motor came up with three key words [...]
SEOUL, Jan. 7 (Korea Bizwire) — Hyundai Motor Group’s ‘Silent Taxi’ project has been successfully completed, and will allow hearing-impaired individuals to drive safely by providing sound information with visual and sensory cues. The so-called ‘Silent Taxi’ was introduced on January 7, and is based on Audio-Tactile Conversion (ACT) technology. The ‘Silent Taxi’ features sensory [...]
SEOUL, Dec. 20 (Korea Bizwire) — Hyundai Motor Group has decided to reform its regular executive promotion practices by increasing the number of new executives compared to typical years. By promoting new executives, the decision was made to expand the change in leadership and to foster next generation leadership candidates. Along with personnel management based [...]