SEOUL, Feb. 3 (Korea Bizwire) — Kia Corp.’s K8 sedan saw its January sales rise sharply year on year thanks to efforts to improve its commercial value as well as to offer a cheaper price than rival models. According to industry sources, 3,451 units of the K8 were sold last month in the domestic market, [...]
SEOUL, Feb. 2 (Korea Bizwire) — The U.S. state of Georgia has proclaimed Jan. 31 as Kia Day. Georgia Gov. Brian Kemp on Tuesday (local time) approved the state council resolution for the establishment of Kia Day. The event was attended by Yoon Seung-kyu, president at Kia North America region and Kia U.S. The resolution [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 15 percent in January from a year earlier on robust sales of SUVs and eco-friendly models. Hyundai and Kia sold 107,889 vehicles in the world’s most important automobile market last month, [...]
SEOUL, Jan. 27 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Friday its fourth-quarter net profit soared 63 percent from a year earlier on improved chip supplies, strong demand for its high-end SUVs and a weak won. Net profit for the three months ended Dec. 31 jumped to 2.037 trillion won (US$1.65 billion) [...]
SEOUL, Jan. 27 (Korea Bizwire) — A Seattle City attorney has filed a lawsuit against Hyundai Motor Co. and its affiliate Kia Corp. for the lack of anti-theft technology in some of their models, the carmakers said Friday. In the suit filed in the federal court, Seattle City Attorney Ann Davison argued the carmakers’ failures [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined sales in Europe rose 4.2 percent in 2022 from a year earlier amid a global chip shortage and the COVID-19 pandemic. Hyundai and Kia sold a combined 1,060,989 vehicles in Europe last year, up from 1,018,636 [...]
SEOUL, Jan. 16 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Monday its unionized workers have accepted the plan to build an electrified purpose-built vehicle plant in South Korea. Kia said it will complete the PBV plant in the Autoland Hwaseong plant by the end of 2024 and start producing mid-sized PBVs from [...]
SEOUL, Jan. 12 (Korea Bizwire) — Kia Corp.’s all-electric EV6 has been named the North American Utility Vehicle of the Year by the North American Car of the Year (NACTOY) jury, the company said Thursday. The EV6 beat its rivals in the assessment of innovation, design, safety features, performance, technology and value, the company said [...]
SEOUL, Jan. 12 (Korea Bizwire) – South Korea’s Hyundai Motor Group said Wednesday it had won good design awards for 2022 in the U.S. In the transportation category, Hyundai Motor Co.’s Trailer Drone and SEVEN concept SUV won 2022 Good Design Awards. In the robotics design category, the company’s PnD (Plug & Drive) mobility L7 [...]
SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States fell 1 percent in 2022 from a year earlier amid a prolonged chip shortage. Hyundai and Kia sold a total of 1.47 million vehicles in the world’s most important automobile market last [...]