SEOUL, Feb. 9 (Korea Bizwire) — Kia Corp. on Tuesday rolled out the one-seat Ray minicar that can be used for multiple purposes. The South Korea’s second-biggest carmaker removed the passenger seat from the existing two-seater van model and created a separate loading space therein, expanding the maximum cargo capacity to 1,628 liters. Additional loading [...]
SEOUL, Feb. 8 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp., the South Korean carmakers that have been leading India’s automobile market, now face a movement for an online boycott after being embroiled in a territorial dispute. Several local netizens are calling on boycotting the two carmakers on Twitter and other social [...]
SEOUL, Feb. 7 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, said Monday it will launch six electric vehicles in China by 2027 as it aims to gain a share in the Chinese EV market. Kia plans to launch the EV6 all-electric sedan in the world’s biggest automobile market next year, the [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States rose 3.1 percent last month from a year earlier on strong demand for their SUV models. Hyundai, Hyundai’s independent Genesis brand, and Hyundai’s affiliate Kia sold a total of 93,998 vehicles in [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday they sold more than 100,000 units of electric vehicles equipped with their own EV platform since April in global markets. Last year, Hyundai Motor launched the Hyundai IONIQ5 and the GV60 SUV under its independent Genesis brand, while Kia [...]
SEOUL, Jan. 26 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Wednesday its fourth-quarter net profit rose 30 percent from a year earlier on a weak won and increased SUV sales. Net profit for the three months ended in December jumped to 1.248 trillion won (US$1.04 billion) from 961.6 billion won during the [...]
SEOUL, Jan. 24 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Monday it aims to sell 25,000 units of the all-new Niro SUV model in the domestic market this year. Last week, Kia received nearly 18,000 preorders for the environment-friendly Niro, equipped with a 1.6-liter gasoline hybrid engine and a 32 kilowatt motor [...]
SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States spiked 19 percent in 2021 from a year earlier despite the prolonged pandemic and chip shortages. The corporate duo sold a total of 1.44 million vehicles in the world’s most important automobile [...]
SEOUL, Dec. 21 (Korea Bizwire) — A majority of drivers who have purchased Kia Corp.’s all-electric EV6 sedan preferred trims offering longer range, letting them cover longer distances on a single charge. Hyundai Motor Group reported that 93.1 percent of customers who had purchased an EV6 as of last month had selected the Long Range [...]
SEOUL, Dec. 19 (Korea Bizwire) — Hyundai Motor Group said Sunday that environment-friendly vehicles topped 10 percent of its global car sales for the first time this year amid growing demand for electric cars. The country’s top automotive conglomerate said its two carmakers, Hyundai Motor Co. and Kia Corp., sold a total of 656,479 eco-friendly [...]