SEOUL, March 3 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Tuesday it will launch its all-new XM3 sport utility vehicle next week to revive lackluster sales. The XM3 SUV, which hits the domestic market on Monday, comes in two versions, one with a 1.3-liter gasoline turbo engine [...]
SEOUL, Jan. 17 (Korea Bizwire) — The GV80, the first sports utility vehicle (SUV) produced by Hyundai Motor Co.’s Genesis marque, is drawing the attention of even company employees. Hyundai hosted a test drive for all management staff at company headquarters on Thursday. As many as 1,560 employees applied for 160 seats available for the [...]
SEOUL, Jan. 16 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., on Thursday launched the Trailblazer SUV as it strives to revive sales amid labor woes and weak demand. In the past two years, GM Korea has played a leading role in developing the Trailblazer as the Chevrolet brand’s [...]
SEOUL, Jan. 15 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it aims to sell 24,000 GV80 models, the first sport utility vehicle under its independent Genesis marquee, in South Korea. The GV80 is the fourth model of the Genesis lineup, which is currently composed of the G70, G80 and G90 sedans. “The Genesis’s first [...]
SEOUL, Jan. 9 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday their combined sales in the United States rose 4.6 percent last year, helped by robust sales of SUVs. In 2019, Hyundai and Kia sold a combined 1,304,109 vehicles in the world’s most important automobile market, up 4.6 percent [...]
SEOUL, Jan. 9 (Korea Bizwire) — Sales of sport utility vehicle models in South Korea hit a record high last year as carmakers strengthened their SUV lineups to meet rising demand for recreational vehicles, industry data showed Thursday. For the whole of 2019, the country’s five automakers, including Hyundai Motor Co. and Kia Motors Corp., [...]
SEOUL, Jan. 6 (Korea Bizwire) — Hyundai Motor Co. said Monday that it sold over 50,000 Palisade sport utility vehicle models in the domestic market last year, helping buoy the carmaker’s annual sales. For the whole of 2019, 52,299 Palisades were sold here following its launch in January, Hyundai sales data showed. Some potential SUV [...]
SEOUL, Jan. 1 (Korea Bizwire) — Hyundai Motor Group, South Korea’s biggest carmaker by sales, said Wednesday it will launch the Genesis GV80 SUV in the domestic market this month to strengthen its SUV lineup. Hyundai has released the first images of the GV80, the first SUV model to be sold under Hyundai’s independent Genesis [...]
SEOUL, Dec. 29 (Korea Bizwire) — The sales of SUVs in Europe by South Korea’s top two carmakers — Hyundai Motor Co. and Kia Motors Corp. — may hit a record high, probably surpassing the 500,000-unit mark, aided by its diversified portfolio and strong demand, industry sources said Sunday. According to the sources, the two [...]
SEOUL, Dec. 18 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. are set to fare well on competitive sport utility vehicles and extended presence in the U.S. market next year following an above-average performance this year amid a slowing economy, analysts say. Three others — GM Korea Co., Renault Samsung Motors [...]