Automobiles
Automobiles
Exports of Korea-made used cars to hit record high in 2025
Apr 29, 2025 (Gmt+09:00)
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Earnings
Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs
South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record f...
Apr 24, 2025 (Gmt+09:00)
4 Min read -
Automobiles
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope ...
Apr 20, 2025 (Gmt+09:00)
4 Min read -
Automobiles
Kia EV3 named 2025 World Car of the Year; Hyundai Inster wins EV award
NEW YORK – Hyundai Motor Group, the world’s third-largest automaker, snagged top trophies for its low-cost electric vehicles at the 2025 ...
Apr 17, 2025 (Gmt+09:00)
1 Min read -
Automobiles
Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant
Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as ...
Apr 16, 2025 (Gmt+09:00)
1 Min read -
Automobiles
Genesis premieres premium electric off-road SUV X Gran Equator Concept
NEW YORK – Genesis, the luxury brand of South Korea’s top automaker Hyundai Motor Co., has premiered its first electric off-roader concep...
Apr 16, 2025 (Gmt+09:00)
3 Min read -
Automobiles
Kia to build North America-targeted electric pickup model
Kia Corp., South Korea’s second-largest carmaker, will build an electric pickup model tailored for North America to enter the world’s lar...
Apr 09, 2025 (Gmt+09:00)
3 Min read -
Automobiles
South Korea announces emergency support for auto sector against US tariffs
South Korea’s government has announced emergency-support measures for the country’s auto sector, as it rushed to ease the impact of U.S. ...
Apr 09, 2025 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai chief Chung, GM CEO Barra to meet September in Detroit
Hyundai Motor Group Executive Chairman Chung Euisun and General Motors Co. Chair and Chief Executive Mary Barra are slated to meet in September in De...
Apr 09, 2025 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai premieres all-new NEXO, reinforcing hydrogen power
Hyundai Motor Co. on Thursday unveiled the all-new NEXO, the first full-change model of the fuel cell electric vehicle (FCEV) since its launch in 201...
Apr 03, 2025 (Gmt+09:00)
2 Min read -
Automobiles
Korea’s KG Mobility teams up with Chery to develop mid to large SUVs
KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-large...
Apr 02, 2025 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai Motor launches global talent recruitment program
South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring websi...
Apr 01, 2025 (Gmt+09:00)
2 Min read -
Steel
Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors
South Korea’s Hyundai Steel Co. has chosen Donaldsonville, Louisiana, as the location for its $5.8 billion US steel mill, marking a major strat...
Mar 28, 2025 (Gmt+09:00)
4 Min read -
Automobiles
Hyundai’s new American dream comes with new plant, more spending
ELLABELL, Georgia – When Hyundai Motor Group Honorary Chairman Chung Mong-koo opened the South Korean automaker’s first US plant in Alaba...
Mar 27, 2025 (Gmt+09:00)
6 Min read -
Automobiles
Hyundai Motor shares rally after US investment plan
Hyundai Motor’s shares gained ground after it unveiled a new U.S. investment plan to help avoid President Trump’s tariffs.The South Korea...
Mar 26, 2025 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai Motor to invest $21 billion in US amid tariff concerns
South Korean auto behemoth Hyundai Motor Group will invest $21 billion to expand its manufacturing in the US, which could provide Hyundai and its hom...
Mar 25, 2025 (Gmt+09:00)
4 Min read -
Automobiles
Hyundai, GM near to unveiling EV, pickup truck sharing plan
Hyundai Motor Co. and General Motors Co. are expected to soon announce a vehicle-sharing deal about six months after they signed an agreement for the...
Mar 21, 2025 (Gmt+09:00)
4 Min read -
Automobiles
Kia to release PV9 in 2029, retains CEO for 3 more years
Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its first model, the PV5, th...
Mar 14, 2025 (Gmt+09:00)
3 Min read -
Automobiles
Kia to ramp up Seltos output to meet high global demand
Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making ...
Mar 13, 2025 (Gmt+09:00)
2 Min read -
Automobiles
Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports f...
Mar 10, 2025 (Gmt+09:00)
3 Min read -
Automobiles
Hankook Tire, Lamborghini strengthen ties as chairmen set to meet
Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Technology Co., is...
Feb 28, 2025 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai CEO Muñoz named MotorTrend Person of the Year
South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the ind...
Feb 28, 2025 (Gmt+09:00)
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Electric vehicles
Kia CEO stands firm on electrification strategy, premieres EV4 in Europe
TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rema...
Feb 27, 2025 (Gmt+09:00)
4 Min read -
Automobiles
Hyundai Motor sets up AI research arm CoMo China
Hyundai Motor Co. in December established CoMo China in Shanghai to spearhead artificial intelligence research and development in its push for softwa...
Feb 24, 2025 (Gmt+09:00)
1 Min read -
Automobiles
Hyundai Motor launches future strategy division overseeing M&As
Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into ne...
Feb 16, 2025 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai, Kia enjoy record January US sales on eco-friendly cars
South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Corp. saw their US sales in January rise to record highs thanks to the grow...
Feb 03, 2025 (Gmt+09:00)
1 Min read -
Earnings
Kia hits record 2024 sales; profit margins highest among global automakers
South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, d...
Jan 24, 2025 (Gmt+09:00)
3 Min read -
Earnings
Hyundai Motor logs record sales for two straight years on SUVs, hybrids
South Korea’s top automaker Hyundai Motor Co. on Thursday posted its largest-ever sales for a second consecutive year, driven by robust sales o...
Jan 23, 2025 (Gmt+09:00)
3 Min read -
Steel
Hyundai Steel sells over 1 mn tons of auto steel to non-captive customers
Hyundai Steel Co., South Korea’s second-largest steelmaker, sold more than 1 million tons of automotive steel sheets to overseas automakers oth...
Jan 21, 2025 (Gmt+09:00)
2 Min read -
Automobiles
Kia starts to produce Syros SUV in India
Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs of customers in Ind...
Jan 17, 2025 (Gmt+09:00)
1 Min read
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