SEOUL, Jan. 11 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said it will launch a ‘K Delivery’ service that will allow its customers to receive car repair service on a non-face-to-face basis throughout the country from this moth. Thus far, Kia has been running a door-to-door repair service, in which [...]
SEOUL, Jan. 6 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-biggest carmaker, on Wednesday unveiled its new company logo and brand slogan as part of its business reorganization plan. Last year, Kia announced its mid- and long-term business strategy named Plan S which put a bigger focus on securing a leading position in the [...]
SEOUL, Jan. 6 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Wednesday their U.S. vehicle sales fell 7.3 percent in 2020 from a year earlier amid the COVID-19 pandemic. Hyundai and Kia, South Korea’s two biggest carmakers, sold a combined 1,208,374 vehicles in the world’s most important automobile market last [...]
SEOUL, Dec. 29 (Korea Bizwire) — Unionized workers at Kia Motors Corp. have voted to accept a new annual wage deal with management, the company said Tuesday. In a vote by 27,050 members of the labor union, 58.6 percent, or 15,856, agreed to the company’s proposals, including 1 1/2 months of merit-based remuneration, 1.2 million [...]
SEOUL, Dec. 22 (Korea Bizwire) — Kia Motors Corp.’s union has agreed on a tentative wage deal for the year as the coronavirus pandemic continues, the company said Tuesday. Kia’s 30,000-strong union tentatively accepted the company’s proposals, including 1 1/2 months of merit-based remuneration, 1.2 million won (US$1,080) in special COVID-19 allowance and 1.5 million [...]
SEOUL, Dec. 14 (Korea Bizwire) — Unionized workers at Kia Motors Corp. will extend their partial strike this week to demand higher wages and bonuses amid the COVID-19 pandemic, the union said Monday. Daytime and night-duty workers will hold a four-hour strike daily at Kia’s three domestic plants in Gwangmyeong and Hwaseong, both near Seoul, [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they are set to export over 100,000 electric vehicles this year on growing demand for environment-friendly cars. Hyundai and Kia shipped a combined 98,505 EVs from January to October, jumping 71 percent from 57,517 units during the same [...]
SEOUL, Nov. 6 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. ranked fourth in global electrified vehicle sales last year, helped by increased exports, industry data showed Friday. Hyundai and Kia sold a combined 350,000 electrified models in global markets in 2019, up 25 percent from a year earlier, the Korea [...]
SEOUL, Nov. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Wednesday their U.S. sales rose 6 percent last month from a year earlier on strong demand for their SUV models. In October, Hyundai and Kia sold a combined 113,489 vehicles in the United States, up from 107,101 units in [...]
SEOUL, Oct. 28 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are expected to report a combined operating profit of about 3 trillion won (US$2.7 billion) in the fourth quarter on new models and improved product mix, after delivering poor business results in the past quarter, analysts said Wednesday. Hyundai and [...]