SEOUL, Jan. 27 (Korea Bizwire) — A Seattle City attorney has filed a lawsuit against Hyundai Motor Co. and its affiliate Kia Corp. for the lack of anti-theft technology in some of their models, the carmakers said Friday. In the suit filed in the federal court, Seattle City Attorney Ann Davison argued the carmakers’ failures [...]
SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. have broken the 200,000 mark in cumulative electric vehicle (EV) sales in the European Union, industry data showed Sunday. According to the European Automobile Manufacturers’ Association (ACEA), Kia had sold 200,984 EVs in the European market as of late October 2022. [...]
SEOUL, Nov. 11 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday they will expand a self-driving ride-hailing pilot service in Seoul’s Gangnam neighborhood as a way to further upgrade their complete self-driving technology. In collaboration with Kakao Mobility Corp., more vehicles will be added to the pilot RoboRide autonomous service, [...]
SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Motor Co. said Thursday that it will supply eco-friendly cars to FIFA for a successful 2022 Qatar World Cup. The South Korean carmake will send 446 passenger vehicles and 170 commercial vehicles, 236 of which are eco-friendly models, in promotion of a zero-carbon football championship. It will the [...]
SEOUL, Oct. 18 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Tuesday they reflected 2.9 trillion won (US$2 billion) worth of provisions in their third-quarter earnings results, a move that could weigh on their September quarter bottom lines. Hyundai and Kia put aside the provisions — 1.36 trillion won and 1.54 [...]
SEOUL, Sept. 19 (Korea Bizwire) — South Korea’s Hyundai Motor Group reached a double-digit market share in the auto market in Britain for the first time in 40 years. In the January-August period, Hyundai Motor Co. and its smaller affiliate Kia Corp.’s market share in Britain marks at 12.3 percent, up by 3.4 percentage points [...]
SEOUL, May 10 (Korea Bizwire) — Hyundai Motor Co. is building a combined heat and power (CHP) plant fired by liquefied natural gas (LNG) at its mainstay plant in Ulsan, 414 km southeast of Seoul, to generate its own electricity. The carmaker recently submitted plans to Ulsan’s Buk District Office, which were posted as an [...]
SEOUL, April 14 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. — South Korea’s two biggest carmakers — said Thursday they have unveiled their face-lifted SUV models amid robust demand for SUVs at the New York International Auto Show this week. Hyundai revealed the upgraded Palisade SUV at the show ahead of [...]
SEOUL, April 5 (Korea Bizwire) — Electric vehicles (EVs) now account for more than 20 percent of Hyundai Motor Co.’s sales in the European market. The carmaker said it sold a total of 57,842 units in Europe in the first two months of this year, of which EVs accounted for 11,532 units. The share of [...]
SEOUL, March. 11 (Korea Bizwire) — Hyundai Motor Group, the South Korean automotive group which has Hyundai Motor Co. and Kia Corp. under its wing, received a failing grade in U.S. marketing information service firm’s customer service satisfaction study. According to the J.D. Power U.S. Customer Service Index (CSI) Study, Hyundai, Kia, along with Hyundai’s [...]