SEOUL, Sept. 2 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. said Thursday their U.S. sales fell 4.5 percent in August from a year earlier due to a lack of semiconductor parts. Hyundai and Kia sold a combined 110,209 vehicles last month, down from 115,376 units a year earlier, according to the companies’ [...]
SEOUL, Aug. 27 (Korea Bizwire) — Unionized workers at Kia Corp., South Korea’s second-biggest carmaker, voted Friday to accept the company’s wage proposals without a strike for the first time in a decade. Kia said 68 percent of 26,945 workers voted in favor of wage offers that include an increase of 75,000 won (US$64.30) in [...]
SEOUL, Aug. 26 (Korea Bizwire) — Kia Corp.’s fourth-generation Carnival minivan continues to dominate South Korean market 12 months after its release. The country’s second-biggest carmaker sold 46,294 all-new Carnivals in the first half of this year, topping the sales charts in the minivan market. Ever since its release in August last year, rising demand [...]
SEOUL, Aug. 24 (Korea Bizwire) — With the new ‘contactless’ culture that has settled in with COVID-19, cars are beginning to be sold online, sparking a nationwide controversy as online car shopping is threatening the livelihood of offline dealers. Gwangju Global Motors, a firm jointly established by Hyundai Motor Co. and the southwestern city of [...]
SEOUL, Aug. 19 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. have kicked off a new mobility service for the transportation vulnerable such as the disabled and elderly people in the U.S. The two companies announced on Wednesday the launch of EnableLA, a wheelchair accessible vehicle (WAV) ride-hailing service, in Los Angeles, aimed [...]
SEOUL, South Korea, Aug. 10 (Korea Bizwire) — Nexen Tire, a leading global tire manufacturer, has announced that the company has been selected to supply original equipment for Kia’s first electric car, the EV6. Nexen Tire’s ROADIAN GTX EV and N’FERA Sport EVs will be fitted to the EV6, Kia’s first electric vehicle model that [...]
SEOUL, Aug. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their sales jumped 26 percent in the United States last month from a year earlier on strong demand for SUVs. Hyundai Motor and Kia sold a total of 138,599 vehicles in the U.S. last month, up from 110,156 units [...]
SEOUL, Aug. 2 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, on Monday launched an all-electric EV6 sedan in the domestic market ahead of its overseas launches later this year. The EV6 is Kia’s first model embedded with Hyundai Motor Group’s own EV-only electric-global modular platform (E-GMP). Kia has received over 30,000 preorders for [...]
SEOUL, July 22 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp., South Korea’s two biggest carmakers, on Thursday reported strong second-quarter earnings on a base effect and strong sales of their high-end SUVs. Hyundai’s net profit for the three months that ended in June jumped to 1.98 trillion won (US$1.7 billion) from [...]
SEOUL, July 20 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, launched the all-new Sportage SUV in the domestic market Tuesday to meet rising demand for the vehicle type. The new Sportage comes with a 1.6-liter turbocharged gasoline hybrid engine, a 1.6 turbocharged gasoline engine or a 2.0 diesel engine, the company said in [...]