SEOUL, May 4 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-largest carmaker by sales, said Friday it has partnered with Facebook to help the U.S. social media giant test augmented reality. Earlier in the week, Facebook announced it will test a new feature in Facebook Messenger that will let users message companies to see [...]
SEOUL, Apr. 27 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-largest carmaker by sales, said Friday its first-quarter net profit plunged 44 percent from a year earlier on the strong won and weak overseas sales. Net profit for the January-March quarter fell to 432 billion won (US$401 million) from 765.4 billion won a year [...]
SEOUL, March 29 (Korea Bizwire) – Hyundai Motor Group’s plan to streamline its governance structure among affiliates will pave the way for future mergers and acquisitions and help it focus on its mainstay car manufacturing business, local analysts here said Thursday. On Wednesday, the country’s biggest carmaker announced it will spin off the module manufacturing and after-sales [...]
SEOUL, Feb. 20 (Korea Bizwire) – Kia Motors Corp. on Tuesday released a teaser image of its flagship K9 sedan before its launch in the domestic market in April. The country’s second-biggest carmaker by sales unveiled the image here, marking the first time it is showing off a general shape and silhouette, the company said in a statement. The first-generation K9 sedan was launched in 2012, and the upcoming K9 will be a [...]
SEOUL, Feb. 13 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-largest carmaker by sales, said Tuesday it is aiming to sell 150,000 units of the all-new K3 compact globally this year. Kia Motors said its target is to sell 50,000 units domestically and to export 100,000 vehicles to places like the United States and [...]
NEW DELHI, Feb. 7 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-largest automaker by sales, rolled out a new compact SUV concept in India on Wednesday, heralding its full-fledged foray into the local market. The compact SP SUV concept was showcased at the 14th Auto Expo 2018, India’s largest motor show that kicked off near New Delhi for a week long run. Kia said the spacious compact SUV with a sleek design is the [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are off to a positive start this year, posting increased sales of Tucson and Sportage SUVs, respectively, in the United States last month from a year earlier. In January, Hyundai Motor saw the sale of the Tucson compact SUV jump [...]
SEOUL, Feb. 1 (Korea Bizwire) – South Korea’s five carmakers said Thursday their combined sales rose 0.4 percent last month from a year earlier, helped by new models and a base effect. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. — sold a combined 613,796 vehicles in January, up from [...]
SEOUL, Feb. 1 (Korea Bizwire) — Kia Motors Corp.’s Niro has been named Green Car Journal’s 2018 top sport utility vehicle (SUV) of the Year in the United States, the company said Thursday. The Niro crossover, which went on sale early last year, beat rivals from Chevrolet, Mini and Volvo for the “Green SUV” title [...]
SEOUL, Jan. 2 (Korea Bizwire) — Hyundai Motor Group, the world’s fifth-largest carmaker by sales, said Tuesday they are targeting to sell a combined 7.55 million vehicles this year as slowing global economic growth weighs on demand in major markets. Hyundai Motor Co. and its affiliate Kia Motors Corp. have set an annual sales target [...]