SEOUL, Jan. 26 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-ranked carmaker, began selling the fully changed K7 full-size sedan Tuesday equipped with its own front-wheel eight-speed transmission that enhances fuel efficiency and driving performance. The automaker said that preorders for the all-new K7 have topped 7,500 since launching them on Jan. 12, adding [...]
SEJONG, Jan. 18 (Korea Bizwire) – The number of registered vehicles in South Korea rose 4.3 percent in 2015 from a year earlier on the back of the government’s tax-cut programs and solid demand for foreign-made cars, government data showed Sunday. Car registration stood at 20,989,885 units, up 4.3 percent or some 872,000 vehicles from [...]
SEOUL, Dec.14 (Korea Bizwire) – The majority of those who were promoted from rank and file workers to executive positions at the Samsung Group selected the new K7 from Kia Motors as their first company car. According to Samsung Group, 197 employees were promoted to executive positions on December 4. Company cars are provided to [...]
SEOUL, Dec. 3 (Korea Bizwire) – Sales of Kia Motors Corp.’s new K5 midsize sedan are rising again after a brief slump, thanks to steady demand from young drivers, industry data showed Thursday. According to the data, Kia Motors, the second-largest car maker in the country, sold 6,929 units of the all-new K5 last month, the largest since its [...]
SEOUL, Dec. 2 (Korea Bizwire) – Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. saw their sales in China continue to rebound from a deep trough on the back of firm demand for sports utility vehicles and new models, industry data showed Wednesday. The two leading South Korean carmakers sold a total of [...]
SEOUL, Nov. 12 (Korea Bizwire) – The Soul box-type vehicle emerged as the best-selling car in overseas markets for South Korea’s No. 2 carmaker Kia Motors Corp. this year, industry data showed Thursday. According to the data, Kia Motors sold a cumulative 177,457 units of the Soul overseas during the January-October period of the year, [...]
SEOUL, Nov. 1 (Korea Bizwire) — Kia Motors Corp., South Korea’s No. 2 automaker, said Sunday that it is moving to more than double its dealership network in Mexico to increase its market presence. The move to add 27 new dealerships to the existing 21 is likely based on the carmaker’s strong sales in its [...]
SEOUL, Oct. 27 (Yonhap) – South Korea’s No. 2 carmaker Kia Motors Corp. said Tuesday it will run an ad during next year’s Super Bowl to promote its vehicles in the world’s No. 2 car market. Kia Motors said it will run the commercial during the Super Bowl on Feb. 7, 2016, marking the seventh [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. ranked seventh in the world this year in terms of brand value, a global consultancy report showed Monday. According to the annual report compiled by Interbrand, Samsung Electronics came in seventh for this year, with its brand value estimated at US$45.3 billion. [...]
SEOUL, Sept. 15 (Korea Bizwire) — Kia Motors, South Korea’s second-largest carmaker, said Tuesday that it is targeting to sell more than 60,000 units of its revamped Sportage SUV in the country next year. The latest edition of the Sportage equipped with a revamped design and an array of safety features is the fourth generation of [...]