SEOUL, Sept. 12 (Korea Bizwire) — Genesis, the independent luxury brand of Hyundai Motor Co., sold more than 100,000 sport utility vehicles (SUV) globally in just 1 1/2 years since its SUV market debut, thanks to brisk sales at home and in North America, data showed Sunday. Genesis’ SUV sales totaled 107,700 units from the [...]
SEOUL, Sept. 7 (Korea Bizwire) — With Hyundai Motor Co. and affiliate Kia Corp.’s sedan sales plunging to a new low, South Korea’s automobile market is now being driven by SUV sales. Data from the month of August showed that sedan and hatchback sales accounted for a mere 33.9 percent (31,179 vehicles) of all car [...]
SEOUL, July 26 (Korea Bizwire) — Financially troubled SsangYong Motor Corp. on Monday revealed a design sketch of its new sport utility vehicle under development as it tries to revive sales with next-generation models. The SUV-focused automaker teased the design sketch of the new SUV codenamed KR10, saying its design language is “Powered by Toughness.” [...]
SEOUL, July 20 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, launched the all-new Sportage SUV in the domestic market Tuesday to meet rising demand for the vehicle type. The new Sportage comes with a 1.6-liter turbocharged gasoline hybrid engine, a 1.6 turbocharged gasoline engine or a 2.0 diesel engine, the company said in [...]
SEOUL, March 2 (Korea Bizwire) — Mercedes-Benz Korea on Tuesday added its most luxurious SUV model to the lineup to gain a bigger share in the South Korean market. The German carmaker has launched the Mercedes-Maybach GLS 600 4MATIC SUV equipped with a twin-turbo, 4.0-liter V8 M177 engine at 257 million won (US$230,000), the company [...]
SEOUL, Jan. 17 (Korea Bizwire) — Sport utility vehicles (SUVs) sold by South Korean automakers sharply rose to exceed 600,000 units for the first time in 2020 on the back of the rising popularity of car camping and new lineups, industry data showed Sunday. Five companies — Hyundai Motor Co., Kia Motors Corp., GM Korea [...]
SEOUL, Dec. 8 (Korea Bizwire) — Hyundai Motor Co. on Tuesday unveiled the GV70, the second SUV model under its independent Genesis brand, in a world premiere as it strives to gain a share in the high-end vehicle market. The midsized GV70 will be launched with a 2.5-liter turbocharged gasoline engine, a 3.5-liter turbocharged gasoline [...]
SEOUL, Nov. 13 (Korea Bizwire) — Kim Young-rim loves to travel abroad, but she had to give up her holiday plan this year due to the prolonged coronavirus pandemic. The outgoing interior designer recently bought a Ford Explorer, a seven-seat sports utility vehicle (SUV), from a local used car dealer, and hit the road with [...]
SEOUL, Nov. 4 (Korea Bizwire) — SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., on Wednesday launched the all-new Rexton SUV in the domestic market to boost sales amid the COVID-19 pandemic. The new Rexton SUV comes with a 2.0-liter diesel engine and an eight-speed automatic transmission, replacing the [...]
SEOUL, Nov. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Wednesday their U.S. sales rose 6 percent last month from a year earlier on strong demand for their SUV models. In October, Hyundai and Kia sold a combined 113,489 vehicles in the United States, up from 107,101 units in [...]