Luc Donckerwolke, head of Hyundai and Genesis Design Center, (L) and Lee Kwang-guk, the chief of Hyundai’s domestic sales, pose for a photo beside the all-new Santa Fe SUV following its launch event at KINTEX exhibition hall in Ilsan. (image: Hyundai Motor) SEOUL, Feb. 21 (Korea Bizwire) — Hyundai Motor Co. said Wednesday that it [...]
NEW DELHI, Feb. 7 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-largest automaker by sales, rolled out a new compact SUV concept in India on Wednesday, heralding its full-fledged foray into the local market. The compact SP SUV concept was showcased at the 14th Auto Expo 2018, India’s largest motor show that kicked off near New Delhi for a week long run. Kia said the spacious compact SUV with a sleek design is the [...]
SEOUL, Feb. 1 (Korea Bizwire) — Kia Motors Corp.’s Niro has been named Green Car Journal’s 2018 top sport utility vehicle (SUV) of the Year in the United States, the company said Thursday. The Niro crossover, which went on sale early last year, beat rivals from Chevrolet, Mini and Volvo for the “Green SUV” title [...]
SEOUL, Jan. 9 (Korea Bizwire) – SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., on Tuesday launched a new sport utility vehicle to better capitalize on rising demand for SUVs. The SUV-focused carmaker aims to sell 30,000 Rexton Sports models, or 2,500 units a month, in the domestic market [...]
SEOUL, Jul. 26 (Korea Bizewire) — Renault Samsung Motors Corp. on Wednesday unveiled the upgraded QM3 subcompact SUV to better compete with rivals in the heavily contested local crossover vehicle market. In South Korea, five carmakers that have plants here — Hyundai Motor Co., Kia Motors Corp., Renault Samsung, GM Korea Co. and SsangYong Motor [...]
SEOUL, Jul. 25 (Korea Bizwire) — Kia Motors Corp., South Korea’s No. 2 carmaker by sales, has received 2,500 orders for its new subcompact SUV since its launch two weeks ago, the company said Tuesday. Kia Motors came up with the Stonic subcompact SUV to absorb growing demand for recreational vehicles amid a global economic [...]
SEOUL/PAJU, July 11 (Korea Bizwire) – A 108-kilometer, 100-minute drive found Hyundai Motor Co.’s subcompact sport-utility vehicle Kona unique among rivals in its class in terms of distinctive looks, a composed ride and top-of-the-line safety features, a good starting point for a vehicle that the carmaker is pinning high hopes on. In a mix of [...]
SEOUL, July 3 (Korea Bizwire) – Hyundai Motor Co. said Monday its sales fell 16 percent last month from a year earlier hit by weakening overseas demand, particularly in the Chinese market. The country’s biggest carmaker by sales sold a total of 376,109 vehicles in June, down from 445,021 units a year earlier, the company [...]
SEOUL, Jun. 15 (Korea Bizwire) — Automakers in South Korea are expected to vie fiercely for a bigger slice of the market for subcompact sport utility vehicles (SUVs) following Hyundai Motor Co.’s entry into the fast-growing segment, analysts said Wednesday. In an extravagant rollout in Seoul, South Korea’s leading automaker Hyundai unveiled its first subcompact [...]
SEOUL, June 7 (Korea Bizwire) – South Korea’s top carmaker Hyundai Motor Co. said Wednesday it will work with Chinese technology giant Baidu, Inc. to develop a navigation system for its vehicles that will be sold in the world’s biggest auto market. Hyundai and Baidu will jointly develop “Baidu MapAuto” and a voice recognition system [...]