SEOUL, Feb. 1 (Yonhap) — Kia Motors Corp. said Thursday its vehicle sales rose 5.2 percent in January from a year earlier on sales of new models. The country’s second-largest carmaker by sales sold 205,126 vehicles last month, up from 194,898 uni
Author: Yonhap Online News
Hyundai Motor’s Jan sales fall 1.1 pct on weak overseas sales
SEOUL, Feb. 1 (Yonhap) — Hyundai Motor Co. said Thursday its January sales fell 1.1 percent from a year earlier as overseas demand remained weak. The country’s biggest carmaker sold 334,217 vehicles in January, down from 338,948 units a year earl
Makers of imported cars ordered to recall over 9,500 vehicles
SEOUL, Feb. 1 (Yonhap) — Four makers of imported cars will recall over 9,500 vehicles in South Korea due to faulty parts, the transport ministry said Thursday. This is the latest in a series of recall orders issued by the Ministry of Land, Infras
Hyundai Mobis 2017 net plunges 48 pct on strong won
SEOUL, Jan. 25 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday its net profit plunged 48 percent last year on a strong won and decreased sales in China. For all of 2017, net profit fell to 1.579 trillion won (US$1.5 billion) from 3.047 trillion won a year earlier, the company… Continue reading Hyundai Mobis 2017 net plunges 48 pct on strong won
SK Holdings, SoCar launch car-sharing business in Malaysia
SEOUL, Jan. 25 (Yonhap) — SK Holdings, the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday it has launched a car-sharing business in Malaysia by joining hands with South Korea’s No. 1 car-sharing startup SoCar. SoCar Malaysia — a joint venture between SK Holdings and SoCar — kicked off its… Continue reading SK Holdings, SoCar launch car-sharing business in Malaysia