SEOUL, May 2 (Korea Bizwire) – Kia Motors Corp. on Tuesday launched the latest version of the Soul electric vehicle (EV) with an extended range, a move aimed at adding more fuel-efficient models to its lineup. The 2018 Soul EV can travel an average of 180 kilometers on a single charge using its 30-kilowatt-per-hour battery, [...]
SEOUL, April 28 (Korea Bizwire) – Hyundai Motor Group, South Korea’s top automotive conglomerate, is betting that rising demand in emerging markets will offset sales declines in China amid a row over the deployment of an anti-missile system, corporate sources said Friday. Hyundai Motor Co. and its affiliate Kia Motors Corp. plan to launch new [...]
SEOUL, April 13 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-biggest carmaker by sales, has added an advanced air filter system to its upgraded Sportage SUV amid growing concerns about deteriorating air quality, the company said Thursday. Kia Motors has launched the latest versions of the Sportage SUV, all mated with a high-performance air-conditioning [...]
SEOUL, Apr. 10 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are expanding their presence in the hybrid vehicle market in the United States, backed by brisk sales of their latest sports utility vehicle (SUV) models, data showed Sunday. The South Korean automobile companies sold a combined 4,358 hybrid vehicles in [...]
SEOUL, April 7 (Korea Bizwire) – Hyundai Motor Co. and its affiliate Kia Motors Corp. will recall potentially faulty engines of more than 170,000 vehicles from late next month to ensure the safety of their customers, the transport ministry and the companies said Friday. Hyundai and Kia, South Korea’s two biggest carmakers, will voluntarily begin [...]
SEOUL, Apr. 4 (Korea Bizwire) — Autonomous cars are forecast to become popular in the South Korean auto market in 2028, five years after they do so in the United States, according to analysts Monday. According to the industry analysts in a book published by the Ministry of Science, ICT and Future Planning, self-driving cars [...]
WASHINGTON, April 3 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined sales in the United States drop 11 percent in March as sales of some best-selling models slumped, industry data showed Monday. The two South Korean auto giants sold a combined 118,694 units in the U.S. last [...]
SEOUL, Apr. 3 (Korea Bizwire) — South Korea’s top automotive parts supplier Hyundai Mobis Co. said Sunday it will develop technologies for highway driving capable autonomous cars by 2020, with an aim to commercialize them two years later. The company plans to develop the autonomous driving technologies mainly to help two affiliates — Hyundai Motor [...]
WASHINGTON, March 1 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined sales in the United States drop nearly 7 percent in February as Kia’s sales slumped, industry data showed Wednesday. The two South Korean auto giants sold a combined 95,693 units in the U.S. last month, down [...]
SEOUL, Feb. 2 (Korea Bizwire) – General Motors Co. and Tesla Motors Inc. are poised to debut their long-range electric vehicles (EVs) in South Korea this year in a move that could help galvanize the budding local EV market dominated by short-range models, industry sources said Thursday. GM Korea Co., GM’s South Korean unit, is [...]