SEOUL, July 30 (Korea Bizwire) — The combined U.S. market share of Hyundai Motor Co. and its smaller affiliate Kia Corp. inched up in the first half of the year from a year earlier, managing to stay above the 10 percent range amid the recovery in demand and output, data showed Sunday. Their combined share [...]
SEOUL, July 27 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Thursday raised its annual sales and profit guidance for the year after reporting robust earnings in the second quarter on a weak won and an improved product mix. Kia forecast its sales will be more than 100 trillion won (US$78.2 [...]
SEOUL, July 25 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Tuesday unveiled the design of the upgraded Sorento SUV ahead of its domestic launch next month. Kia plans to place the facelifted Sorento SUV with a gasoline, a diesel or an all-wheel-drive gasoline hybrid engine in the Korean market in [...]
SEOUL, July 23 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp.’s electric vehicle (EV) sales rose 5.9 percent in the United States during the January-June period from a year earlier amid accelerating electrification, an industry association said Sunday. Hyundai and Kia sold a combined 46,826 EV models in the first half [...]
SEOUL, July 21 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, announced that it has launched the 13th base of the Green Light Project in Albania last Wednesday (local time) as part of its corporate social responsibility activities. The company plans to offer medical support, in collaboration with the humanitarian aid group World Vision, [...]
SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their vehicle sales in Europe rose 3.3 percent in the January-June period from a year earlier, helped by robust sales of their SUV models. Hyundai and Kia sold a total of 575,432 vehicles in Europe in the first [...]
SEOUL, July 14 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, said Friday its accumulated vehicle production in India has exceeded 1 million units, helped by increased sales of customized models. Kia began production at the 350,000-unit-a-year Indian plant in July 2019, starting with the Seltos subcompact SUV, the company said in [...]
SEOUL, July 14 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Thursday it will open a popup store in Seongsu-dong, eastern Seoul to support the growth of e-sports. Named Earth 6A3, the store will feature captivating displays that take visitors on a virtual journey, immersing them in the world of professional gaming. The [...]
SEOUL, July 13 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday it will invest US$200 million to produce the all-electric EV9 SUV in its U.S. plant next year. The flagship EV9 will be the first EV for Kia to be assembled in the United States, the company said in a [...]
SEOUL, July 11 (Korea Bizwire) — Kia Corp. said Tuesday it has appointed Pierre-Martin Bos, a European commercial car expert, as director of the purpose built vehicle (PBV) division at its European operations. Pierre-Martin Bos began working in the newly created position, named PBV director, at Kia Europe from the regional headquarters in Frankfurt on [...]