vehicle production Archives

S. Korea Retains 5th Place in Global Vehicle Output

SEOUL, Feb. 28 (Korea Bizwire) — South Korea ranked fifth in terms of the global vehicle production last year, retaining the spot for the second consecutive year, amid efforts to minimize the fallout from the pandemic-caused global chip shortages, a report showed Monday. The combined vehicle output by South Korean carmakers, including Hyundai Motor Co. [...]

Hyundai’s Vehicle Production Surpasses 5 Million at U.S. Plant

SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Friday accumulated vehicle production at its U.S. plant has exceeded 5 million units since it began operations in May 2005. Hyundai Motor has produced 2.56 million units of the Sonata sedan, 1.48 million Avante compacts, 900,000 Santa Fe SUVs, 37,000 Tucson SUVs and [...]