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Minicar Market Stagnant Again Due to Waning Popularity of Hyundai’s Casper

Minicar Market Stagnant Again Due to Waning Popularity of Hyundai’s Casper

SEOUL, June 26 (Korea Bizwire) — South Korean minicar market has once again slowed down this year after initially showing signs of a revival due to the popularity of Hyundai Motor Co.’s Casper mini SUV. Domestic sales of minicars totaled 50,562 units in the first five months of this year, representing an 8.2 percent year-on-year [...]

Kia Rolls Out One-seat Ray Minicar

Kia Rolls Out One-seat Ray Minicar

SEOUL, Feb. 9 (Korea Bizwire) — Kia Corp. on Tuesday rolled out the one-seat Ray minicar that can be used for multiple purposes. The South Korea’s second-biggest carmaker removed the passenger seat from the existing two-seater van model and created a separate loading space therein, expanding the maximum cargo capacity to 1,628 liters. Additional loading [...]