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, [...]
SEOUL, Feb. 8 (Korea Bizwire) – Sales of semi-large sedans in South Korea have been on a roll recently with their shipments one-upping those of midsize cars for a second month in January, industry data showed Wednesday. Domestic sales of semi-large sedans, including Hyundai Motor Co.’s Grandeur and Kia Motors Corp.’s K7, totaled 15,242 units [...]
SEOUL, Jan. 23 (Korea Bizwire) – According to the latest data from the German Association of the Automotive Industry (VDA) and the Korea Automobile Importers and Distributors Association, Korean automakers sold 171,147 units in Germany last year, up 2.8 percent compared to 2015 (166,563). Although Hyundai Motor Company saw its sales drop by 1.1 percent [...]
SEOUL, Dec. 23 (Korea Bizwire) – Executives from Hyundai Motor Group have expressed concerns for 2017, mainly from the stagnant global automotive industry and a strong comeback from Japanese automakers buoyed by the low Japanese yen. During a seminar on Thursday outlining the global automotive industry prospects for 2017 hosted at company headquarters in southern [...]
SEOUL, Dec. 19 (Korea Bizwire) – Kia Motors Corp., South Korea’s No. 2 automaker, saw its sales in Mexico more than double in November despite rising concerns over U.S. President-elect Donald Trump’s trade policy, industry data showed Monday. Kia sold 5,460 vehicles in November, up a whopping 143 percent from the same month a year [...]
SEOUL, Dec. 1 (Korea Bizwire) – Combined sales of automakers in South Korea grew from a year earlier in November on strong demands both at home and abroad, data from the companies showed Thursday. In November, the five South Korea-based carmakers sold 868,458 cars globally, up 5.6 percent from 822,754 vehicles sold in the same [...]