SEOUL, Feb. 22 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading carmaker, plans to showcase all three electric vehicle models to be launched under the name of the Ioniq at a motor show in Geneva next month, industry sources said Monday. The Ioniq is the first eco friendly model that Hyundai Motor has developed [...]
SEOUL, Feb. 22 (Korea Bizwire) – The No. 2 leader of Hyundai Motor Co., South Korea’s largest carmaker, has said he will do his best to upgrade the corporate image in China to become the best car brand in the world’s biggest automobile market, the company said Sunday. “We are making efforts to prepare for [...]
SEOUL, Feb. 19 (Korea Bizwire) – Hyundai Motor Co.’s premium brand Genesis is expected to make its debut in North America in the third quarter, possibly intensifying competition in its high-end vehicle market there, industry sources said Friday. Genesis has been the name of the most popular luxury sedan of the South Korean auto giant, [...]
SEOUL, Feb. 18 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, saw its January sales in India grow over 9 percent on-year thanks in part to robust demand for the Creta crossover SUV, industry data showed Thursday. According to the data by the Society of Indian Automobile Manufacturers, Hyundai Motor sold a total [...]
SEOUL, Feb. 17 (Korea Bizwire) – Genesis’ brand value has improved significantly since Hyundai Motor Co., South Korea’s No. 1 carmaker, launched it anew as a separate premium vehicle brand late last year, a report showed Wednesday. Brandstock, a South Korean market research firm that determines the rankings of local brands, said in its latest [...]
SEOUL, Jan. 27 (Korea Bizwire) – Competition is expected to intensify in the South Korean hybrid vehicle market as two global automakers are set to clash with their new subcompact models that are already drawing favorable responses from customers, market watchers said Wednesday. With Hyundai Motor Co. and Toyota Motor Corp. claiming to guarantee better [...]
SEOUL, Jan.19 (Korea Bizwire) – For the first time in Korea, the Gwangju Creative Economy Innovation Center (GCEIC) established by Hyundai Motor Group built a fusion station, a key infrastructure element for the realization of a ‘hydrogen economy’. According to Hyundai Motor Group, the first generation fusion station that was completed using the hydrogen charging [...]
SEOUL, Jan. 11 (Korea Bizwire) – South Korea’s leading carmaker Hyundai Motor Co. saw the Genesis mid-size luxury sedan rank third in terms of annual sales in the United States last year for the first time since its debut there, industry data showed Monday. Hyundai Motor sold a total of 24,917 units of the second-generation [...]
HWASEONG, Jan. 7 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, unveiled its first dedicated green car model on Thursday, targeting to take over market leader Prius. The Ioniq hybrid, scheduled to be officially launched in mid-January, was disclosed to media early in the day during a preview event held at its Namyang [...]
SEOUL, Dec. 29 (Korea Bizwire) – Unionized workers at Hyundai Motor Co., South Korea’s leading carmaker, voted on Tuesday in favor of a tentative wage deal reached with the management that promises a pay raise, bonuses and other benefits. In a yes-or-no vote, 25,172 workers, or 59.72 percent of votes cast, supported the deal, wrapping [...]