SEOUL, Dec. 1 (Korea Bizwire) — Sales of Kia Motors Corp.’s K series midsized and large sedans are on course to reach a milestone with cumulative sales expected to exceed 5.5 million vehicles in 10 years since launching the brand, according to the carmaker Sunday. Kia Motors, which began selling the K7 large sedan in [...]
SEOUL, Nov. 27 (Korea Bizwire) — The All-new K5 Sedan by Kia Motors Corp., introduced last Thursday, has reached more than 10,000 pre-orders just 3 days after it was launched, a new record for the South Korean automobile manufacturer. Kia reported that roughly 7,000 cars had been pre-ordered on the first day alone. Despite a [...]
SEOUL, Oct. 29 (Korea Bizwire) — Kia Motors Corp. and GS Caltex Corp. said Tuesday they have joined hands to offer better electric vehicle (EV) charging services. Under a bilateral memorandum of understanding, Kia and GS Caltex will collaborate on developing EV charging technologies and services. Kia, South Korea’s No. 2 carmaker and part of [...]
SEOUL, Oct. 24 (Korea Bizwire) — Hyundai Motor Co. and Kia Motors Corp., South Korea’s two biggest carmakers, are on track to achieve their annual sales targets after reporting solid third-quarter figures on a weak won and robust sales of sport-utility vehicles. Hyundai Motor and Kia Motors, which together form the world’s fifth-biggest carmaker by [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Friday their combined sales in China plunged 16 percent in the January-August period amid little sign of a recovery. In the first eight months, Hyundai and Kia sold a total of 555,943 vehicles in China, down from 662,442 units [...]
SEOUL, Sept. 9 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday they’ve sold more than 44,000 electric vehicles (EVs) in the first half of the year, becoming the fifth-largest EV sellers in the world. South Korea’s two largest carmakers under Hyundai Motor Group sold a combined 44,838 EVs in [...]
SEOUL, Sept. 5 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday that their sales in the United States continued to rise on robust sales of SUVs. In August, Hyundai and Kia sold a combined 124,467 vehicles in the U.S., up 12.3 percent from 110,793 units a year earlier, according [...]
SEOUL, Aug. 28 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. on Tuesday unveiled a vehicle-mounted electric scooter with a “total mobility solution” for the beginning to the end of one’s travel. Hyundai-Kia reported that it is considering mounting the electric scooter as an optional feature on new cars starting from [...]
SEOUL, Jul. 23 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-biggest carmaker by sales, on Tuesday said its second-quarter earnings jumped 52 percent on a weaker local currency. Net profit for the April-June period soared to 505 billion won (US$430 million) from 332 billion won a year earlier, Kia said in a statement. “The [...]
SEOUL, Jul. 14 (Korea Bizwire) — Recreational vehicles (RVs) accounted for nearly half of South Korean carmakers’ domestic sales in the first half of the year, industry data showed Sunday. In South Korea, SUVs and minivans are included in the RV category. According to the data, the country’s five automakers, including Hyundai Motor Co. and [...]