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The number of preorders for Hyundai Motor’s all-new Sonata has surpassed the 10,000 mark in five days across the country since the carmaker start receiving orders on March 11, the company said on Mar...
Shareholders of Kia Motors voted on March 15 to name Hyundai Motor Group Executive Vice Chairman Chung Eui-sun as director at the key affiliate. The automotive conglomerate’s heir apparent has se...
Hyundai Motor Group won support from the National Pension Service for its key proposals ahead of its shareholders meeting on March 22, in a blow to Elliott Management. Elliott Corp. founder Paul Si...
GM Korea said on March 14 it will supply at least 6,000 Chevrolet Bolt electric vehicles this year amid rising local demand for environmentally friendly vehicles. The target volume for this year ...
The number of South Korean cars shipped overseas fell 1.6 percent on-year in February due to weaker demand for sedans and a smaller number of business days, government data showed on March 14. Ac...
Eight imported vehicle brands, including one two-wheeler importer, will voluntarily recall nearly 74,000 vehicles to repair faulty components, the Transport Ministry said on March 14. This is the la...
Kia Motors on March 12 launched the upgraded K5 sedan in the domestic market to boost sales. Higher-trim models of the upgraded K5 come with safety features, such as the front collision avoidance...
Hyundai AutoEver said on March 12 it will lead the group’s paradigm shift by providing new platform-based IT services through its planned listing on the country’s main stock market this month. Th...
US proxy adviser Glass Lewis has stepped up its support for Hyundai Motor Group in its battle against Elliott over the issue of dividend payouts, officials said on March 10. While urging sharehol...
Hyundai Motor has joined a government-led special purpose company to establish viable hydrogen charging infrastructure by 2022, the company said on March 10. Korea Gas Corp., Hyundai, Air Liquide...
Kia Motors on March 7 launched the upgraded Niro hybrid model to strengthen its lineup. The facelifted Niro gasoline hybrid and plug-in hybrid models come with more safety features, including lan...
SsangYong Motor on March 5 showed off its extended SUV lineup at the Geneva Motor Show in a bid to woo European customers. Korea’s smallest carmaker said its all-new compact Korando, flagship G4 ...
Hyundai Motor has formed a consortium with five global companies to develop hydrogen charging standards for commercial fuel cell electric vehicles, the company said on March 4. Last week, Hyundai...
Hyundai Motor said on March 4 its sales inched up 0.3 percent last month from a year earlier on higher domestic demand. The carmaker sold 313,172 vehicles in February, up from 312,268 units a yea...
SsangYong Motor said on March 4 its sales rose 4.3 percent last month from a year earlier on growing demand for sport utility vehicles. The carmaker sold 9,481 vehicles in February, up from 9,090...
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July 16, 2020
