SEOUL, June 19 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. on Thursday signed a memorandum of understanding (MOU) with the government to jointly develop and commercialize a next-generation connected digital tachograph for commercial vehicles, the automakers said Thursday. The automakers, together with the transport ministry and the state-run Korea Transportation Safety Authority, plan [...]
SEOUL, June 9 (Korea Bizwire) – Kia Corp. on Monday unveiled the specifications and pricing for the PV5, the automaker’s first-ever electric purpose-built vehicle (PBV), and said it will begin accepting preorders this week. The PV5 is a mid-sized PBV built on Hyundai Motor Group’s dedicated electric platform E-GMP.S, and designed to serve both personal [...]
SEOUL, June 2 (Korea Bizwire) — Kia Corp., South Korea’s second-largest automaker by sales, said Monday its sales gained 1.7 percent last month from a year earlier on steady overseas demand for sport utility vehicles (SUVs). Kia, a smaller affiliate of local industry leader Hyundai Motor Co., sold 269,148 vehicles in May, up from 264,699 [...]
SEOUL, May 14 (Korea Bizwire) — Kia Corp. said Tuesday it has partnered with the Indian Institute of Technology (IIT) Tirupati to cooperate in fostering local engineering talent and enhancing future mobility capabilities in the South Asian nation. Under their memorandum of understanding signed Friday, the South Korean automaker will invest 350 million rupees (US$4.1 [...]
SEOUL, May 13 (Korea Bizwire) — Kia Corp. said Tuesday it has unveiled the PV5 wheelchair-accessible vehicle (WAV) at the Future of the Car Summit in London, highlighting the company’s efforts to promote inclusive mobility. Showcased at the automotive industry event hosted by the Financial Times, the PV5 WAV is designed to enhance freedom of [...]
SEOUL, April 29 (Korea Bizwire) — Kia Corp. said Tuesday it has launched a new global recruitment website aimed at strengthening its hiring capabilities and better showcasing the company’s workplace culture for employees. The newly opened Kia Talent Lounge website (https://career.kia.com) offers various work-related content, including insights into the South Korean automaker’s organizational values, employee [...]
SEOUL, April 25 (Korea Bizwire) — Kia Corp. said Friday it has opened a new youth information technology (IT) education center in Ivory Coast as part of an initiative to promote digital literacy and youth empowerment in developing nations. The center in Bingerville aims to address limited access to IT education in the West African [...]
SEOUL, March 28 (Korea Bizwire) — Kia introduced its new mid-size pickup truck, the Tasman, at a Tech Day event held Thursday on Seoul’s Floating Island in Seocho District. Highlighting the company’s foray into authentic pickup territory, Kia emphasized the Tasman’s rugged durability, off-road prowess, and substantial payload capabilities. Described by the automaker as the [...]
SEOUL, March 24 (Korea Bizwire) — South Korea’s largest automotive giant Hyundai Motor Group is set to reach a major milestone of 30 million cumulative vehicle sales in the United States this year, continuing its steady growth in the key overseas market, the group said Monday. Since their entry into the U.S. market in 1986, [...]
SEOUL, March 21 (Korea Bizwire) — After facing a surge in thefts that tarnished their reputation in the American market, Hyundai and Kia have seen a dramatic turnaround, with vehicle theft rates dropping significantly following the implementation of enhanced anti-theft measures. According to data from the National Insurance Crime Bureau (NICB), reported by Reuters on [...]