Kia-Yueda JV
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Automobiles
Hyundai Motor, Kia win US ALG Residual Value Awards
Hyundai Motor Co. and Kia Corp. said on Wednesday that Hyundai's electric compact sport utility vehicle (SUV) Kona EV and Kia's mid-size SUV Telluri...
Nov 20, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Saudi Arabia's NHC to build JV
South Korea’s Naver Corp. said on Monday it signed a memorandum of understanding (MOU) with Saudi Arabia’s National Housing Company (NHC...
Nov 18, 2024 (Gmt+09:00)
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Automobiles
IONIQ 9, EV9 GT named most anticipated new vehicles in US
Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...
Nov 14, 2024 (Gmt+09:00)
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Automobiles
Kia to supply PV5 to DHL Korea from 2026
Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...
Nov 14, 2024 (Gmt+09:00)
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Electric vehicles
BYD to debut passenger EVs in South Korea in 2025
China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming ...
Nov 13, 2024 (Gmt+09:00)
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Corporate restructuring
Korean steel giant POSCO to sell Chinese JV PZSS amid US-China trade war
South Korean steel giant POSCO Holdings Inc. is seeking to sell its entire stake in a Chinese stainless steel joint venture as it faces growing comp...
Nov 08, 2024 (Gmt+09:00)
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Automobiles
Kia holds exhibition reflecting on 80-year-history
Kia Corp., South Korea’s second-largest automaker, said on Thursday it opened a heritage exhibition "From Moments to Movement," showcasing its...
Nov 07, 2024 (Gmt+09:00)
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Automobiles
Kia launches Sportage facelift to accelerate SUV boom
Kia Corp., South Korea’s No. 2 automaker, on Monday unveiled a facelift of its Sportage to boost the sport utility vehicle (SUV) craze in the ...
Nov 05, 2024 (Gmt+09:00)
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Electric vehicles
Hybrids, EVs power Hyundai, Kia’s US auto sales in October
Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto sales last month thanks to surges in demand for its hybrid ...
Nov 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia gets triple A credit rating from S.Korean agencies
Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...
Nov 04, 2024 (Gmt+09:00)
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Automobiles
Kia debuts Tasman to target $333 bn global pickup truck market
JEDDAH, Saudi Arabia -- Kia Corp., South Korea’s second-largest automaker, on Tuesday premiered the Tasman, its first pickup truck to target t...
Oct 29, 2024 (Gmt+09:00)
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Earnings
Kia eyes rosier 2024 after record-high Q3; Hyundai Mobis’ OP up 32%
Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor Co., presented a brighter outlook for this year after posting record-high operatin...
Oct 25, 2024 (Gmt+09:00)
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Corporate restructuring
Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn
South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...
Oct 25, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to fully own HD Hyundai Cosmo for $104 mn
Saudi Aramco-backed HD Hyundai Oilbank Co. will acquire a 50% stake in money-losing HD Hyundai Cosmo Petrochemical Co. from Japanese chemical giant ...
Oct 25, 2024 (Gmt+09:00)
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Energy
Kia, KEPCO collaborate to build power ecosystem using PBV
South Korea's Kia Corp. and Korea Electric Power Corp. (KEPCO), the state-run utility company, said on Thursday that they signed a memorandum of und...
Oct 24, 2024 (Gmt+09:00)
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Automobiles
Kia reveals teaser images of The New Sportage
South Korea's Kia Corp. unveiled the teaser images and videos of The New Sportage, the facelift model of Kia's flagship compact sport utility vehicl...
Oct 24, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group wins Cars.com's 2025 Top Pick EV Awards
Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...
Oct 23, 2024 (Gmt+09:00)
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Batteries
LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, said on Wednesday its joint venture in Canada with m...
Oct 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia production may be disrupted by subsidiary labor strike
Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, are likely to face disruptions in local production as their auto parts s...
Oct 16, 2024 (Gmt+09:00)
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Automobiles
Kia unveils car accessory made from ocean plastic waste
Kia Corp., South Korea’s second-largest automaker, said on Tuesday it introduced a trunk liner (mat) for the EV3, made from ocean plastic wast...
Oct 15, 2024 (Gmt+09:00)
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Automobiles
Kia releases 2025 model year of Carnival
Kia Corp., South Korea’s second-largest automaker, said on Monday it will release The 2025 Carnival, a model year of its large recreational ve...
Oct 14, 2024 (Gmt+09:00)
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Automobiles
Kia to sweep top three spots in Korea car sales on SUV, hybrid boom
Kia Corp., South Korea’s No. 2 automaker, is poised to claim the top three spots on the country’s best-selling car list this year thanks...
Oct 07, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia’s H1 vehicle sales in Singapore double
South Korea’s top automaker Hyundai Motor Group said on Sunday its vehicle sales in Singapore, a high-tech innovation hub, more than doubled i...
Oct 06, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia’s September US sales fall; hybrids buck weak sales trend
South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US sales decline last month due to fewer selling days and weak market ...
Oct 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai's accumulated production hits 100 mn unit milestone
Hyundai Motor has achieved the 100 million-unit milestone for its accumulated production 57 years after its inception, led by the Avante compact sed...
Sep 30, 2024 (Gmt+09:00)
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Electric vehicles
Kia to mass-produce EVs at Hyundai Motor Group’s 1st dedicated plant
Kia Corp., an automaker of Hyundai Motor Group, is poised to start mass production of electric vehicles at the global No. 3 carmaker’s first p...
Sep 27, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia to boost partnership with RISD
Hyundai Motor Co. and Kia Corp. said on Friday they strengthened their partnership with the renowned US art school, Rhode Island School of Design (R...
Sep 27, 2024 (Gmt+09:00)
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Batteries
Hyundai Motor Group to develop tech to cut Chinese precursor imports
Hyundai Motor Group, the world’s third-largest carmaker, has started developing electric vehicle battery technology to cut costs and reduce th...
Sep 27, 2024 (Gmt+09:00)
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Batteries
SK On to cut jobs for first time amid sustained EV weakness
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to cut its workforce with the company’s first voluntary retir...
Sep 26, 2024 (Gmt+09:00)
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Automobiles
Kia to enter Japanese purpose-built vehicles market
Kia Corp. said on Tuesday that it signed a local sales agreement for purpose-built vehicles (PBVs) with Japan's trading company Sojitz Corp. Under ...
Sep 24, 2024 (Gmt+09:00)
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