SEOUL, March 15 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, unveiled the design of the all-electric EV9 SUV on Wednesday ahead of its domestic launch during the first half of this year. The EV9 SUV has been developed under Kia’s new design philosophy, “Opposites United,” which embodies its shifting focus toward [...]
SEOUL, March 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 16 percent in February from a year earlier on robust sales of SUVs and eco-friendly models. Hyundai and Kia sold 122,111 vehicles in the world’s most important automobile market last month, [...]
SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Motor Group said Sunday it has earned four top safety pick awards from the U.S. Insurance Institute for Highway Safety (IIHS), further proving the quality of its vehicles. Three models from the South Korean automotive group garnered the Top Safety Pick+ (TSP+) award and one model obtained the [...]
SEOUL, Feb. 15 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. enjoyed record-high sales in the Indian market last month backed by robust SUV sales, data showed Tuesday. According to the Society of Indian Automobile Manufacturers and Hyundai Motor Group, Hyundai and Kia sold 50,106 units and 28,634 vehicles, respectively, last month [...]
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 [...]