SEOUL, April 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Saturday their combined sales in the United States fell 3.7 percent in the first quarter compared with a year ago due to the prolonged pandemic and chip shortages. The corporate duo sold a total of 322,593 vehicles in the U.S. [...]
SEOUL, March 25 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Friday it will build a purpose-built vehicle (PBV) plant in one of its domestic plants, as it strives to become a future mobility solutions provider. Kia plans to complete the PBV plant by the end of 2024 and start operations in 2025, [...]
SEOUL, March 25 (Korea Bizwire) — Kia Corp. is set to issue non-fungible tokens (NFTs) for the first time among South Korean car brands. The carmaker said Thursday that it will start selling six self-produced KIA EV NFTs, developed at its Design Center using the company’s EV lineup, through NFT retail platform Klip Drops until [...]
SEOUL, March 24 (Korea Bizwire) — Kia Corp. said Wednesday it will hold an eco-friendly fundraising event synced to the 2022 League of Legends (LOL) Champions Korea spring playoffs, making donations based on DWG KIA’s performance throughout the championship. It is the country’s first time to see an esports sponsor join in collaboration with a [...]
SEOUL, March 17 (Korea Bizwire) — Sales of Hyundai Motor Co. and its affiliate Kia Corp. in Europe surged more than 20 percent on-year last month on the back of the popularity of environment-friendly models, industry data showed Thursday. Hyundai sold 37,032 vehicles in the European market in February, up 25.5 percent from a year [...]
SEOUL, March 3 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Thursday it will launch 14 electric vehicles by 2027 and sell 1.2 million EVs in global markets in 2030. To beef up the EV lineup and achieve the sales target, Kia will invest 28 trillion won (US$23 billion) in future mobility solutions [...]
SEOUL, March 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States rose 6.4 percent in February from a year earlier despite the prolonged pandemic and chip shortages. The corporate duo sold a total of 105,088 vehicles in the world’s most important automobile market [...]
SEOUL, March 1 (Korea Bizwire) — Kia Corp. said Tuesday its all-electric EV6 sedan has been named the 2022 European Car of the Year (ECOTY), marking the first time for a South Korean automobile brand to clinch the award. In a ceremony held in Geneva on Monday (local time), the Kia EV6 received the prestigious [...]
SEOUL, Feb. 24 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Wednesday unveiled a new digital instrument that makes it easier for everyone to create music using sounds from nature. ‘move.ment’, produced in collaboration with synthesizer builder Arthur Joly, contains eight sounds of nature including the sound of water flowing at [...]
SEOUL, Feb. 11 (Korea Bizwire) — South Korea’s Kia Corp. topped all rivals for the first time in the mass-market and premium brand segments in this year’s consumer reliability study, Hyundai Motor Group said Friday. Kia ranked first overall in J.D. Power’s 2022 U.S. Vehicle Dependability Study (VDS), with its bigger affiliate Hyundai and Hyundai’s [...]