SEOUL, May 13 (Korea Bizwire) – Iron Man’s famous suit is maybe not as fictitious as it seems. Hyundai Motor Group has released photos of a wearable robot that could be used in various areas including industrial facilities and as part of national defense efforts. The robot, which can be worn by simply buckling into [...]
SEOUL, May 2 (Korea Bizwire) – A special 70-meter dash event will take place at the 2016 Motor & Leisure Sports Festival in Yeongam on May 5. It’s a man-versus-machine match featuring Kuk-young Kim, the South Korean record holder for the 100-meter dash, and Hyundai’s Avante (better known internationally as Elantra). Kim, who is preparing for the [...]
SEOUL, April 28 (Korea Bizwire) – Domestic sales of hybrid vehicles in South Korea increased in the first quarter from a year earlier despite unfavorable market conditions caused by the prolonged weakness in energy prices, industry data showed Thursday. Carmakers operating factories in South Korea sold a combined 8,117 hybrid electric vehicles here during the [...]
SEOUL, April 25 (Korea Bizwire) – Hyundai Motor Group’s Gift Car Campaign, a program to help those in financial need through free car donations, has turned out to be a great success. Looking back at the five years since the campaign launched, the company discovered that the average debt of 199 applicants dropped from [...]
SEOUL, April 12 (Korea Bizwire) – As part of Hyundai Motor’s ‘design management’ initiatives, the automaker recently welcomed masters of supercar design to its Korean offices. According to industry sources, supercar designers including Professor Peter Stevens of the Royal College of Art, Lowie Vermeersch of Italy’s Granstudio, and automobile designer Simon Cox spoke at the [...]
SEOUL, March 28 (Korea Bizwire) – South Korea’s top automaker Hyundai Motor Co. said Sunday that it has launched the latest version of the Avante compact designed to target the Chinese market as it strives to prop up its slumping sales. Hyundai Motor unveiled and started sales of the new version of the Avante, also known as [...]
JEJU, March 23 (Korea Bizwire) – Electric vehicles (EVs) are not a thing of the future anymore but a reality, and this is what people might have in mind when they see diverse green car models on display at an expo underway in this island. Many still could not shake thinking about the fact that there [...]
SEOUL, March 21 (Korea Bizwire) - Hyundai Motor achieved its first salesgrowth in Brazil in 11 months in February, despite the South American country’s severe economic slump, industry officials said Sunday. The officials said Hyundai sold 13,922 vehicles in Brazil last month, up 6.3 percent from the same month in 2015.’ It is the first time since March last year that the top South Korean automaker has attained a year-on-year monthly sales increase. Hyundai’s Brazilian market share, which rose [...]
SEOUL, March 17 (Korea Bizwire) – The South Korean government announced Thursday it would spend 1 trillion won (US$840 million) by 2020 to boost the artificial intelligence industry. It also plans to support the civilian-led establishment of a high-profile research center tasked with serving as a “pivot” of the nation’s research and development in the field. [...]
SEJONG, March 9 (Korea Bizwire) – Hyundai Motor Co., South Korea’s largest carmaker, will recall a total of 25,441 Equus and Genesis luxury sedans for problems with their windshield wipers, the transportation ministry said Wednesday. The models’ windshield wiper motors were found to have defects that lead to malfunctions in their operation and affect driving in [...]