SEOUL, April 20 (Korea Bizwire) – Hyundai Motor Co. has lowered the prices of its i30 hatchback models to attract customers amid tougher competition from rivals, the carmaker said Thursday. Hyundai Motor has cut the mainstay hatchback’s sticker price by 250,000 won to 1.25 million won (US$219-$1,097) in the domestic market, South Korea’s biggest carmaker [...]
SEOUL, March 6 (Korea Bizwire) – The Kia Soul continued to remained one of the best-selling cars made by South Korea’s No. 2 automaker in overseas markets last year, despite its dwindling popularity at home, industry data showed Monday. In 2016, 168,159 units of the car were shipped overseas, more than 70 times higher than [...]
SEOUL, June 23 (Korea Bizwire) – Hyundai Motor Co.’s i30 compact became Australia’s top-selling vehicle last month for the third consecutive month, government data showed Friday. The data compiled by Australia’s Federal Chamber of Automotive Industries showed that South Korea’s top automaker sold 3,771 units of its i30 compact in Australia in May, up 126 [...]
SEOUL, May 25 (Korea Bizwire) – In one of Hyundai’s more ambitious efforts to develop its high-performance N models, the company has announced plans to compete in the 2016 Nürburgring 24. The Nürburgring 24, which will celebrate its 44th anniversary this year, is a race in which vehicles compete on the 25km circuit for 24 [...]
SEOUL, Dec. 24 (Korea Bizwire) — Hyundai Motor will discontinue its “PYL” (Premium Younique Lifestyle) marketing campaign targeting young consumers from the next year. The three models that constituted the backbone of the PYL marketing including the Veloster, i30 and i40 will instead try to boost sales through launch of new models. According to automotive industry sources [...]