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Hyundai Glovis said Nov. 28 it has set up two joint ventures in China to advance into the local secondhand car and shipping markets. The logistics unit of Hyundai Motor Group and Beijing Changjiu...
Hyundai Motor Group said Nov. 27 it will complete the construction of its new headquarters in downtown Seoul by 2026 after breaking ground early next year. The Seoul Metropolitan Government has g...
German-based luxury carmaker BMW Korea announced on Nov. 21 that it has hosted the “BMW Group Supplier Day 2019” event at the Grand Hyatt in Incheon. According to the company, it decided to host the...
Hyundai Motor’s flagship full-size sedan Grandeur has been positioned as a luxurious car for the older generation and those of high social status in their late 40s and 50s in Korea. But with the New...
Hyundai Motor said Nov. 22 it will launch the Lafesta electric vehicle in China next year. The company unveiled the Lafesta sedan at the 17th China Guangzhou International Automobile Exhibition t...
Samsung SDI has signed a 2.9 billion euros ($3.2 billion) deal with BMW to supply EV battery cells, the German automaker’s Korean unit said Nov. 21. BMW Chief Purchasing Officer Andreas Wendt sig...
South Korean carmaker Hyundai Motor said Nov. 21 it has unveiled its Vision T SUV concept at the Los Angeles Auto Show. The unveiling of the SUV concept is in line with Hyundai Motor’s stepped-up...
Kia Motors on Nov.21 launched its all-new K5 sedan in the domestic market to boost sales. The third-generation K5 midsize sedan is available in four trims: a 2.0-liter gasoline, a 1.6-liter turbo...
Hyundai Motor on Nov. 19 launched the face-lifted Grandeur sedan in the domestic market to strengthen its lineup with competitive models. The upgraded Grandeur comes in four versions with a 2.5-l...
Kia Motors said Nov. 19 its cumulative vehicle production in the United States has surpassed 3 million units since it entered the world‘s most important automobile market a decade ago. The carmak...
MAN Truck & Bus Korea said Nov. 18 it expects sales to remain weak through next year in South Korea, one of the German carmaker’s strategically important markets. The company expects market deama...
South Korean exports of electric vehicles more than doubled in the first 10 months of this year on brisk demand from advanced markets, data showed Nov. 11. The country’s overseas shipments of EVs...
Imported car sales in South Korea rose 6.2 percent on-year last month helped by new models, but Japanese brands still struggled feeling the pinch of a boycott amid trade tensions between Seoul and To...
Hyundai Motor said Oct. 31 it has launched its ix25 sport utility vehicle in China to help revive sales in the world‘s biggest automobile market. The ix25 compact SUV comes with a 1.5-liter gasol...
Hyundai Motor said Oct. 29 it has debuted a hydrogen-powered truck concept in the United States as part of its efforts to sell its zero-emission trucks in the world‘s most important automobile market...
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May 27, 2020
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