SEOUL, May 15 (Korea Bizwire) – Kia Motors Corp., South Korea’s second largest carmaker by sales, on Monday launched the country’s first plug-in hybrid sport utility vehicle model. The Niro plug-in hybrid can travel up to 840 kilometers — 40 kilometers on a single charge and 800 km on a combined gasoline-battery drive. The 1.6-liter [...]
SEOUL, April 13 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-biggest carmaker by sales, has added an advanced air filter system to its upgraded Sportage SUV amid growing concerns about deteriorating air quality, the company said Thursday. Kia Motors has launched the latest versions of the Sportage SUV, all mated with a high-performance air-conditioning [...]
SEOUL, April 12 (Korea Bizwire) – Hyundai Motor Co. and Kia Motors Corp. increased their market share in Sweden last year as local economic recovery boosted car sales, a state-run trade agency said Wednesday. Hyundai and Kia sold a combined 31,532 vehicles in Sweden in 2016, gaining an 8.47-percent share in the passenger car market. The [...]
SEOUL, April 6 (Korea Bizwire) – Moody’s Investors Service said Thursday it will maintain the current ratings for Hyundai Motor Co. and Kia Motors Corp. despite sharp declines in auto sales in China. “Although Hyundai’s and Kia’s weak auto unit shipments from China will likely have a short-term negative impact on their profitability and cash [...]
SEOUL, March 31 (Korea Bizwire) – The 2017 Seoul Motor Show on Friday kicked off its 10-day run with visitors getting a chance to check out upcoming models and new auto-related technologies centered on green and autonomous vehicles. Under the slogan “Design the Future, Enjoy the Moment,” the 11th motor show is showcasing about 300 [...]
SEOUL, March 27 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said Monday it will domestically launch its Stinger sports sedan in May in a move to strengthen its premium lineup. In the domestic market, the high-performance car will be the carmaker’s first sedan which will carry an independent Stinger badge [...]
SEOUL, March 6 (Korea Bizwire) – The Kia Soul continued to remained one of the best-selling cars made by South Korea’s No. 2 automaker in overseas markets last year, despite its dwindling popularity at home, industry data showed Monday. In 2016, 168,159 units of the car were shipped overseas, more than 70 times higher than [...]
SEOUL, March 3 (Korea Bizwire) — Car Makers Launch Aggressive Marketing Push in S. Korean Automobile Market Car makers are stepping up their marketing game as they look to boost their market share in the South Korean auto market in March. Sales and marketing strategies from major car companies including Hyundai, Kia and GM Korea [...]
SEOUL, Feb. 24 (Korea Bizwire) – Kia Motors Corp. is aiming to export up to 10,000 units of the soon-to-be-launched plug-in hybrid vehicle (PHEV) version of its Niro small SUV this year, industry sources said Friday. Kia, the No. 2 carmaker in South Korea, is scheduled to unveil the Niro plug-in hybrid in South Korea [...]
SEOUL, Feb. 8 (Korea Bizwire) – Four passenger vehicles by Hyundai Motor Company and its affiliate Kia Motors triumphed at the International Forum (iF) Design Awards 2017. Three Kia vehicles – the Niro hybrid crossover, Optima (K5) Sportswagon, and all-new Rio (Pride) supermini – received awards for product design in the automobiles and vehicles category, [...]