SEOUL, Oct. 27 (Korea Bizwire) – Hyundai Motor Group affiliate Kia Motors is making rapid inroads in global automotive markets, introducing localized models, and broadening its eco-friendly product lines. The company announced on Thursday a 20.8 percent on-year increase in net profit for Q3. According to Vice President Han Cheon-su, by 2018 Kia will launch [...]
SEOUL, Oct. 19 (Korea Bizwire) – Hyundai Group affiliates Hyundai Motor Company and Kia Motors are rapidly expanding their Chinese operations, and their latest strategy is to target young consumers with green vehicles and SUVs. The Chinese government has grown more sensitive to environmental concerns in recent years, and has set out various policies to [...]
SEOUL, Sept. 30 (Korea Bizwire) – Renault Samsung Motors Co., the South Korean unit of the French automaker Renault S.A., said Friday that preorders for the QM6, its newest SUV, have exceeded 10,000 units in a month, heralding huge popularity down the road. Renault Samsung is set to sell the QM6 SUV, a new version [...]
SOLIHULL, United Kingdom, Sept. 28 (Korea Bizwire) — Land Rover has revealed the New Discovery seven-seat SUV by breaking a Guinness World Record for the largest LEGO structure ever built. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d374d62-1f31-4659-ae79-cd92580eb74c Long-term Land Rover Discovery owners Bear Grylls, Sir Ben Ainslie and Zara Phillips took part in [...]
SEOUL, July 1 (Korea Bizwire) – Renault Samsung has unveiled a special edition of its subcompact crossover, the QM3, which is a badge-engineered version of the Renault Captur. The South Korean unit of French auto firm Renault S.A. said that it will only sell 500 units of the QM3 Cannes Blue Special Edition during the [...]
SEOUL, June 6 (Korea Bizwire) – Compact sports utility vehicles (SUVs) have gained popularity among younger customers in South Korea as local automakers have released a series of fashionable, fuel-efficient models to grab a bigger chunk of the quickly growing market, industry data showed Sunday. A total of 10,216 compact SUVs made by Korean automakers [...]
SEOUL, April 15 (Korea Bizwire) – Kia Motors Corp., South Korea’s No. 2 carmaker, said Friday that it plans to showcase its Niro hybrid SUV at a motor show to be held in China later this month in a bid to test customer response ahead of its official launch there. The Niro crossover SUV will be displayed [...]
SEOUL, March 3 (Korea Bizwire) – Hyundai Motor Co. and Kia Motors Corp. — South Korea’s two major automakers — are showcasing major sport utility vehicle models at a motor show in Geneva in a bid to strengthen their presence in what is deemed to be one of just a few growing markets this year, [...]
SEOUL, Feb. 24 (Korea Bizwire) – Kia Motors Corp.’s Sorento has been named the best SUV model in the mid-size segment by a major U.S. consumer review magazine, its website showed Wednesday. Consumer Reports announced the best vehicles in 10 segments by evaluating their product quality, performance, safety and other features related to customer satisfaction. [...]
SEOUL, Feb. 23 (Yonhap) – Kia Motors Corp., South Korea’s second-ranked carmaker, plans to launch the Niro subcompact hybrid SUV in Europe in May, appealing to customers in overseas markets with its eco-friendly features, an industry source said Tuesday. The Niro is Kia Motors’s first hybrid dedicated model based on its own production platform. It [...]