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Kia Motors CEO Park Han-woo was indicted without detention and referred for court trial on July 9 over allegations that the company used dispatch workers on assembly lines in violation of labor law. According to the Suwon District Prosecutors’ Office, Park is accused of having 860 workers disp...
Hyundai Motor Group said on July 9 it has reorganized its research and development division to better cope with growing demands for next-generation vehicles. The reorganization is aimed at “quickly and flexibly responding to rapidly changing customer demands and securing competitiveness amid g...
Hyundai Motor and affiliate Kia Motors said on July 5 they posted a 2.7 percent on-year increase in US sales in the first half of the year, helped by robust demand for their SUVs. In the January-June period, Hyundai and Kia sold a combined 638,172 vehicles in the United States, up from 621,349 ...
Hyundai Motor Group said on July 3 it has developed a new engine technology that sharply enhances vehicle performance and fuel efficiency and reduces gas emissions. The group plans to apply its own continuously variable valve duration system initially in its 1.6-liter turbo GDi engine, which wi...
Imported vehicle sales in South Korea fell 17 percent in June due mainly to a supply shortage, industry data showed on July 3. The number of newly registered foreign vehicles stood at 19,386 last month, down from 23,311 a year earlier, the Korea Automobile Importers & Distributors Association s...
All the five domestic carmakers in South Korea suffered a sharp fall in sales in June, according to the latest data on July 1. Hyundai Motor said its sales fell 8.3 percent last month from a year earlier on weak overseas demand. It sold 378,714 vehicles in June, down from 412,852 units a year e...
Sales of imported commercial vehicles in South Korea fell 3.6 percent last month on low demand amid an economic slowdown, a trade association said on June 27. The number of newly registered imported commercial vehicles fell to 345 units in May from 358 a month earlier, according to the Korea Au...
South Korean carmaker SsangYong Motor’s revamp of its Rexton Sports series appears to have been a success with a boost in sales of the model. To avoid the public’s stereotypical bulky perception of pickup trucks, the company introduced the series under a new category called “open top sport util...
General Motors will launch the Colorado pickup truck and the Traverse SUV in South Korea by September as it strives to strengthen its recreational vehicle lineup amid falling sales. The Detroit-based carmaker plans to introduce the Colorado pickup in late August and the Traverse SUV in early Se...
Hyundai Motor said June 24 it will supply 2,000 Ioniq hybrid vehicles to a Singaporean transportation company by the first half of 2020. The Ioniq gasoline hybrid vehicles will be operated as taxis by ComfortDelGro, a local land transportation giant with business interests in bus, rail and taxi...
South Korean carmakers Hyundai Motor and Kia Motors have garnered the three highest marks in J.D. Power’s annual automotive quality survey, they said on June 20. The companies said they expected the achievements to help boost sales in the United States as J.D. Power’s closely followed Initial...
South Korea said on June 20 it will set up the world’s first 5G-based autonomous car driving test bed in the capital city as it strives to take the lead in future mobility technology. The Sangam test bed in western Seoul, to officially open on June 22, will have all the necessary infrastructur...
Ten car manufacturers and importers will voluntarily recall over 40,000 vehicles due to faulty components, the transport ministry said on June 20. This is the latest in a series of recall plans for local and overseas carmakers and importers of foreign vehicles. Ten companies, including Jagu...
Renault Samsung Motors on June 18 began to sell its liquefied petroleum gas-powered QM6 SUV in the domestic market. The QM6 LPe is the first LPG-fueled SUV in the South Korean SUV market. The facelifted QM6, equipped with a 2.0-liter gasoline engine, also went on sale, it said. The company ...
Four out of 10 vehicles sold in South Korea from January to May were sport utility vehicles, reflecting growing demand for recreational vehicles, industry sales data showed on June 17. In the first five months, domestic and imported carmakers sold 612,043 vehicles, with SUVs accounting for 42 p...
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