SEOUL, Nov. 19 (Korea Bizwire) – The fortunes of South Korea’s three mid-sized automakers—GM Korea, KG Mobility, and Renault Korea—continue to hinge on the success of individual vehicle launches, with the pattern showing no signs of abating in 2024. The trend began with KG Mobility (formerly SsangYong Motor) riding high on its Torres SUV in 2022, [...]
SEOUL, Oct. 14 (Korea Bizwire) — KG Mobility Corp. and Renault Korea Motors Co. have made strong challenges with their new models in the midsize SUV segment, which has been largely dominated by Hyundai Motor Group, according to industry data Monday. According to the Korea Automobile & Mobility Industry Association, KG Mobility’s Actyon and Renault [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean automaker KG Mobility Corp. said Thursday it has partnered with general trading firm STX Corp. to supply over 2,000 Rexton Sports pickup trucks to the Peruvian Army by next year. Under the partnership, KG Mobility’s initial supply to the Peruvian Army will consist of around 400 units [...]
SEOUL, Aug. 20 (Korea Bizwire) – KG Mobility Corp., a South Korean carmaker, on Tuesday launched a redesigned Actyon sport utility vehicle in the domestic market to boost sales. The Actyon SUV comes with a 1.5-liter gasoline turbocharged engine, a six-speed automatic transmission, and eight airbags, the company said in a statement. The revamped model [...]
SEOUL, Jul. 23 (Korea Bizwire) — KG Mobility Corp. and Renault Korea Motors Co. are gearing up to release ambitious new midsize sport utility vehicle (SUV) models this year to tackle the popular family leisure car market segment dominated by local industry leaders Hyundai Motor Co. and Kia Corp. KG Mobility, formerly known as Ssangyong [...]
SEOUL, Jun. 11 (Korea Bizwire) – KG Mobility, a South Korean automaker, has called into question the objectivity and reliability of a reenactment test conducted to determine the cause of a suspected sudden acceleration accident in the city of Gangneung that occurred a year and a half ago, resulting in the death of a young boy. [...]
SEOUL, May 30 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., said Thursday it has launched the Torres EVX Van, the first electric van vehicle model in South Korea. The Torres EVX Van is equipped with a 73.4kWh lithium iron phosphate blade battery and can travel 411 kilometers on a single charge. [...]
SEOUL, Nov. 23 (Korea Bizwire) – The launch event for KG Mobility’s Torres took place in the Giza district of Cairo on Monday, against the iconic backdrop of the pyramids. The gathering drew over 500 attendees, comprising local media, influencers, and dealers. Ahmed Abou Khouf, chairman of Arabiat Egypt, a local dealer, expressed his enthusiasm, stating, [...]
SEOUL, Sept. 21 (Korea Bizwire) – KG Mobility, formerly known as SsangYong Motor Co., said Thursday it is “on track” to achieve an operating profit for the year helped by increased exports of the Torres SUV. Given KG Mobility already shifted to an operating profit in the first half, it is set to report a [...]
SEOUL, Sept. 20 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., on Wednesday launched the all-electric Torres EVX SUV in the domestic market to beef up its product lineup. The Torres EVX SUV is KG Mobility’s second battery-powered model after the Korando Emotion launched in the domestic market in February 2022. KG [...]