Seoul, July 20 (Korea Bizwire) – CJ Korea Express has started commercial operations by way of a polar route. CJ Korea Express announced that their ship, the KOREX SPB No.2, departed the port of Musyapa, United Arab Emirates (UAE), and is on its way to the Yamal peninsula in Russia. The ship has a 4,000ton offshore terminal [...]
SEOUL, Apr. 29 (Korea Bizwire) – Hyundai Motor Co.’s Genesis and Solaris have received Car of the Year awards in the premium and subcompact segments, respectively, in Russia, industry sources said Wednesday. According to the sources, Kia Motors Corp.’s Cee’d also received the award for 2015 as a compact vehicle in Russia. In particular, the [...]
SEOUL, Feb. 10 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. are facing growing challenges in emerging markets with their sales either shrinking or slowing in growth, industry data indicated Tuesday. According to data from the Korea Automotive Research Institute and other industry groups, Hyundai and Kia, South Korea’s No. [...]
SEOUL, Dec. 11 (Korea Bizwire) – Kia Motors’ Pride, also known as the Rio, is the best-selling car in Russia. It is the first time that a foreign vehicle takes first place in auto sales in the country. A total of 10,823 units were sold last month, outnumbering Russian automaker Lada’s Granta model. The Russian [...]
SEOUL, South Korea, Jan. 24 (Korea Bizwire) – The CEO and President of Coex Convention and Exhibition Center in Seoul, part of the city’s World Trade Center, flew to Russia this week to sign an MOU with the President of the World Trade Center St. Petersburg. The MOU outlines ways in which the two World [...]