SEOUL, Oct. 5 (Korea Bizwire) — South Korean carmakers are set to launch aggressive promotions to boost sales with new vehicles in the fourth quarter to offset weak sales in the previous three quarters amid the coronavirus outbreak, industry sources said Monday. The country’s five carmakers — Hyundai Motor Co., Kia Motors Corp., GM Korea [...]
SEOUL, Nov. 1 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A. of France, said Friday it will launch six models in the domestic market next year to revive sales. Renault Samsung aims to sell over 100,000 vehicles in 2020 by launching three all-new models and three upgraded ones throughout [...]
SEOUL, Apr. 27 (Korea Bizwire) — Sales and profits at Hyundai Motor fell in the first quarter of the year in the midst of an unfavorable global environment. The Korean carmaker hopes to boost its sales figures by releasing a number of new cars and SUVs in the second quarter. Hyundai released its earnings for [...]