SEOUL, Aug. 24 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, said Wednesday that its global corporate social responsibility (CSR) program, the Green Light Project, has established new foundations in Zimbabwe and Mozambique, Africa, with the intention of providing support to local communities. The company held a recent completion ceremony for its [...]
SEOUL, Aug. 23 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Wednesday it will launch an electrified version of the Ray mini car in the domestic market next month. The Ray EV comes with a 35.2kWh battery pack and can travel up to 233 kilometers on a single charge, the company said in [...]
SEOUL, Aug. 23 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, is illuminating its history by restoring the models that marked the inception of its brand. The company announced that it will showcase restored versions of two vehicles — the three-wheeled T-600 truck and the Brisa sedan — at the Kia360 brand experience space [...]
SEOUL, Aug. 17 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Thursday launched the face-lifted Sorento in the domestic market to beef up its SUV lineup. The upgraded Sorento comes with a 2.5-liter gasoline turbocharged, a 2.2-liter diesel, or a 1.6-liter turbocharged gasoline hybrid engine, the company said in a statement. [...]
SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their vehicle sales in the United States rose 12 percent in July from a year earlier, helped by robust sales of SUVs and electric vehicles. Hyundai and Kia sold a total of 143,787 vehicles in the U.S. last [...]
SEOUL, July 31 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said they will establish a blockchain-based subcontractor carbon emissions history management automation system (SCEMS) and distribute it for free to their subcontractors. SCEMS is an integrated system that covers the entire process, from raw material procurement to component and vehicle [...]
SEOUL, July 30 (Korea Bizwire) — The combined U.S. market share of Hyundai Motor Co. and its smaller affiliate Kia Corp. inched up in the first half of the year from a year earlier, managing to stay above the 10 percent range amid the recovery in demand and output, data showed Sunday. Their combined share [...]
SEOUL, July 27 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Thursday raised its annual sales and profit guidance for the year after reporting robust earnings in the second quarter on a weak won and an improved product mix. Kia forecast its sales will be more than 100 trillion won (US$78.2 [...]
SEOUL, July 25 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Tuesday unveiled the design of the upgraded Sorento SUV ahead of its domestic launch next month. Kia plans to place the facelifted Sorento SUV with a gasoline, a diesel or an all-wheel-drive gasoline hybrid engine in the Korean market in [...]
SEOUL, July 23 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp.’s electric vehicle (EV) sales rose 5.9 percent in the United States during the January-June period from a year earlier amid accelerating electrification, an industry association said Sunday. Hyundai and Kia sold a combined 46,826 EV models in the first half [...]