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Kia Outlines Used Car Business Plans

Kia Outlines Used Car Business Plans

SEOUL, April 18 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, on Monday outlined its used car business plans to expand customers’ choices following the government’s approval despite objection from existing players. Last month, the Ministry of SMEs and Startups decided not to designate secondhand car sales as one of the “livelihood businesses” that [...]

Eco-friendly Cars Make Up Over 20 pct of Hyundai, Kia Domestic Sales This Year: Data

Eco-friendly Cars Make Up Over 20 pct of Hyundai, Kia Domestic Sales This Year: Data

SEOUL, April 10 (Korea Bizwire) — Over 1 in 5 vehicles sold by Hyundai Motor Co. and its smaller affiliate Kia Corp. so far this year have been eco-friendly cars, backed by their growing popularity, industry data showed Sunday. The two South Korean automakers sold a combined 64,417 hybrid and electric vehicles in the January-March [...]