SEOUL, Dec. 8 (Korea Bizwire) – Hyundai Motor Group on Friday held a meeting with representatives from its overseas sales operations in Seoul to discuss ways to boost sales, the company said Friday. On Friday, some 50 representatives of Hyundai Motor Group’s overseas sales offices gathered at its headquarters in southern Seoul to share views [...]
SEOUL, Nov. 17 (Korea Bizwire) – Hyundai Motor Co. has introduced the ‘Encino’ subcompact sport-utility vehicle in a Chinese motor show, in a move to revive sales in the world’s biggest automobile market, the company said Friday. In the 15th China Guangzhou International Automobile Exhibition, the country’s largest carmaker by sales has unveiled the Encino [...]
SEOUL, Nov. 14 (Korea Bizwire) — Hyundai Motor Co., South Korea’s top auto maker, said Tuesday it has been tapped to co-lead a global initiative to promote hydrogen as an alternative energy for transport and other industries. The Hydrogen Council was launched in Davos, Switzerland, in January, with the aim of boosting investment in the [...]
ULSAN, Nov. 2 (Korea Bizwire) – Representatives of Hyundai Motor Group were at Ulsan Metropolitan City Hall on the first of November, shaking hands on a deal with the city of Ulsan that will see Hyundai construct the largest road safety education complex for children in the country. According to the terms of the MOU, [...]
SEOUL, Nov. 1 (Korea Bizwire) — Nearly two-thirds of South Korea’s top 30 conglomerates have been dissolved or dropped out of the standings since the 1997 Asian financial crisis, a market tracker said Wednesday. According to corporate tracker CEO Score, 19 family-controlled conglomerates, called chaebol here, disappeared altogether from the list with the remainder maintaining [...]
SEOUL, Oct. 30 (Korea Bizwire) — The i30 N TCR, Hyundai Motor Co.’s purpose-built circuit car, beat rivals at the TCR Europe Trophy race held in Italy, the carmaker said Monday. In the circuit event held at the Adria International Raceway from Oct. 27-29, Hyundai’s i30 N TCR outpaced such vehicles as the Audi RS3 [...]
SEJONG, Oct. 18 (Korea Bizwire) — South Korea’s exports of automobiles jumped nearly 60 percent last month from a year earlier on recovering demand from Europe and North America, government data showed Wednesday. The total value of vehicles shipped overseas reached US$3.82 billion in September, up 57.6 percent from a year earlier, according to the [...]
SEOUL, Sept. 29 (Korea Bizwire) – Hyundai and Kia finally have some good news coming from the Chinese market as American market research company J.D. Power listed the South Korean automakers 1st and 2nd respectively in its 2017 China Initial Quality Study. The study, published on September 28, was conducted from last September to May [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korea’s leading automakers Hyundai Motor Co. and Kia Motors Corp. are poised to unveil a series of new cars in China in a bid to help revive slumping sales in the world’s top auto market, sources said Tuesday. Industry leader Hyundai Motor and its smaller affiliate Kia Motors [...]
SEOUL, Sept. 26 (Korea Bizwire) – Samsung Electronics climbed to 6th while Hyundai Motor Company stayed in 35th place for the second straight year in global brand consultancy Interbrand’s “Best Global Brands 2017” list. Kia also held steady by staying at 69th place, the same position it was in last year. Interbrand estimated Samsung Electronics’ [...]