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Hyundai Motor Group said Oct. 21 it has developed an artificial intelligence-based autonomous driving technology and will apply it in its models. The South Korean automaker has developed the smart cruise control-machine learning technology, in which the vehicle analyzes the driver‘s driving pa...
Hyundai Motor has hired a former chief executive officer of Audi’s US division as the head of its luxury segment Genesis’ operations in North America, signaling the carmaker’s drive to expand its market presence in the world’s second-largest auto market. Mark Del Rosso, who led operations of ...
Hankook Tire said Oct. 7 it began to supply tires for Porsche’s Cayenne sport utility vehicle in June. The company will supply its high-performance Ventus S1 evo 3 SUV tires for the high-performance Cayenne in the form of original equipment tires. It didn‘t give an exact time frame for th...
German carmaker Mercedes-Benz recorded the third-highest sales figure in the country in September, after Hyundai Motor and Kia Motors , outpacing three major local carmakers, according to industry data. According to data from the Korea Automobile Manufacturers Association and the Korea Automob...
Renault Samsung Motors said Sept. 30 it will reduce production at its sole local plant from next month amid lower demand for its vehicles. The carmaker plans to lower the units per hour volume to 45 from the current 60 starting Oct. 7 as it suffers declining sales and a lack of a new vehicle fo...
Hyundai Motor said Sept.30 it has hired an aeronautics expert to advance its urban air mobility business. The carmaker has appointed Shin Jai-won, 61, as executive vice president and head of its newly established UAM Division, the company said in a statement. Shin has served at the US National ...
Renault Samsung Motors said Sept. 26 the Twizy ultracompact electric vehicle will be locally produced starting next month. The Twizy EV was originally produced at Renault’s plant in Valladolid, Spain, but the French automaker last year agreed to move its production base to Busan, 450 kilometer...
Hyundai Motor said Sept. 26 that its joint venture with Swiss hydrogen company H2 Energy has been officially launched as it looks to expand its presence in Europe’s environment-friendly commercial car market. A ribbon-cutting ceremony for Hyundai Hydrogen Mobility was held in Gosgen, Switzerla...
Toyota Motors, Nissan Motor and six other firms will recall more than 56,000 vehicles due to faulty components, the Transport Ministry said Sept. 19. Toyota, Nissan, Mercedes-Benz and FMK, which sells Ferraris and Maseratis in South Korea, have already begun recalling or plan to recall a total ...
South Korea’s automobile exports dropped 3.4 percent in August on-year due mainly to fewer working days and weak demand, data showed Sept. 18. Korean carmakers shipped 164,154 cars overseas last month, according to the data compiled by the Ministry of Trade, Industry and Energy. In terms of va...
Hyundai Motor on Sept. 10 unveiled its all-electric concept car at the Frankfurt Motor Show as it strives to strengthen its lineup with environmentally friendly models. The EV concept 45 adopts the carmaker’s next-generation design direction of “sensuous sportiness,” which is defined by the ...
Hyundai Motor Group, South Korea’s top automotive group, said Sept. 9 it plans to enter the renewable energy market along with local solar energy firm OCI. Under the memorandum of understanding, Hyundai Motor will install energy storage systems at OCI’s solar power stations in Korea and Texas...
Unionized workers at GM Korea on Sept. 9 staged a full-scale strike for the first time in 22 years as they demand an increase in wages despite warnings from the company’s global headquarters. The automaker’s 10,000-member union launched the walkout at the plants in Incheon and Changwon, some ...
Hyundai Motor and its affiliate Kia Motors said Sept. 9 they’ve sold more than 44,000 electric vehicles in the first half of the year. South Korea’s two largest carmakers under Hyundai Motor Group sold a combined 44,838 EVs in the first six months of the year, more than doubling the 18,445 un...
Hyundai Motor is poised to join a ride-hailing movement that is taking on a new shape since the government announced a series of measures emphasizing the need to obtain taxi licenses, industry sources said Aug. 20. The top carmaker plans to team up with the Seoul Private Taxi Association and KST M...
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