SEOUL, Jan. 25 (Yonhap) — Hyundai Motor Co. said Saturday it will produce hydrogen fuel-cell electric commercial vehicles in its Chinese plant to make inroads into the local electric vehicle market. In the China EV100 Forum held in Beijing from Jan. 10-12, Executive Vice President Lee In-cheon, head of Hyundai’s Commercial Vehicle Business Division, unveiled… Continue reading Hyundai Motor to produce hydrogen commercial cars in China
Author: Yonhap Online News
Hyundai Motor chief proposes 3 requirements to promote hydrogen society
SEOUL, Jan. 21 (Yonhap) — Hyundai Motor Group Executive Vice Chairman Chung Euisun has proposed three requirements to realizing a hydrogen-powered society during a global business meeting in Paris, his company said Tuesday. In the Hydrogen Council’s general meeting on Jan. 20 (local time), Chung suggested three key methods to promote the use of hydrogen… Continue reading Hyundai Motor chief proposes 3 requirements to promote hydrogen society
Toyota launches GR Supra to revive S. Korea sales
SEOUL, Jan. 21 (Yonhap) — Toyota Motor Corp. said Tuesday it has launched the GR Supra sports car in South Korea to help revive its lackluster sales amid trade tensions between Seoul and Tokyo. The GR Supra comes with a 3.0-liter gasoline engine that can generate a maximum 340 horsepower and 51 kilogram-meters of torque.… Continue reading Toyota launches GR Supra to revive S. Korea sales
Renault Samsung union back to table for wage negotiations
By Choi Kyong-ae SEOUL, Jan. 21 (Yonhap) — Renault Samsung Motors Corp.’s union on Tuesday suspended partial strikes to resume negotiations with the company over wages for the year of 2019. Renault Samsung workers have staged partial strikes at its sole plant in Busan, 453 kilometers south of Seoul, for higher wages in the past… Continue reading Renault Samsung union back to table for wage negotiations
(LEAD) Mahindra may seek support from KDB for SsangYong Motor: sources
(ATTN: ADDS info in Para 4-6) SEOUL, Jan. 15 (Yonhap) — An executive from Indian carmaker Mahindra & Mahindra Ltd. will come to South Korea this week to discuss and seek financial support from the main creditor bank of its local unit, SsangYong Motor Co., industry sources said Wednesday. SsangYong Motor confirmed Mahindra & Mahindra… Continue reading (LEAD) Mahindra may seek support from KDB for SsangYong Motor: sources
Mahindra may seek support from KDB for SsangYong Motor: sources
SEOUL, Jan. 15 (Yonhap) — An executive from Indian carmaker Mahindra & Mahindra Ltd. will come to South Korea this week to discuss and seek financial support from the main creditor bank of its local unit, SsangYong Motor Co., industry sources said Wednesday. SsangYong Motor confirmed Mahindra & Mahindra Managing Director Pawan Goenka will visit… Continue reading Mahindra may seek support from KDB for SsangYong Motor: sources
(2nd LD) Hyundai aims to sell 24,000 GV80s in 2020
(ATTN: CHANGES headline and lead; ADDS details in paras 9, 12, last 2 paras)By Choi Kyong-ae ILSAN, South Korea, Jan. 15 (Yonhap) — Hyundai Motor Co. said Wednesday it aims to sell 24,000 GV80 models this year, the first sport utility vehicle under its independent Genesis marquee, in South Korea. The GV80 is the fourth… Continue reading (2nd LD) Hyundai aims to sell 24,000 GV80s in 2020
(LEAD) Hyundai launches Genesis GV80 on SUV demand
(ATTN: CHANGES headline and photos; ADDS executive comments in paras, 3, 11-12, background in paras 13-17)By Choi Kyong-ae ILSAN, South Korea, Jan. 15 (Yonhap) — Hyundai Motor Co. on Wednesday launched the long-awaited GV80 sport utility vehicle under its independent Genesis brand to meet rising demand for recreational vehicles. The GV80 is the first SUV… Continue reading (LEAD) Hyundai launches Genesis GV80 on SUV demand
(LEAD) Hyundai, Kia’s U.S. sales rise 4.6 pct on brisk demand for SUVs in 2019
(ATTN: CHANGES headline and lead; UPDATES Hyundai’s sales figures to include Genesis model sales; ADDS details in paras 5, 10-11)By Choi Kyong-ae SEOUL, Jan. 9 (Yonhap) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday their combined sales in the United States rose 4.6 percent last year, helped by robust sales of… Continue reading (LEAD) Hyundai, Kia’s U.S. sales rise 4.6 pct on brisk demand for SUVs in 2019
Hyundai, Kia’s EV exports more than double in 2019
By Choi Kyong-ae SEOUL, Jan. 3 (Yonhap) — Hyundai Motor Co. and affiliate Kia Motors Corp. said Friday their combined electric vehicle exports more than doubled last year. In 2019, Hyundai and Kia exported 63,414 electric vehicles, jumping from 27,798 units a year earlier, Hyundai Motor Group said in a statement. Shipments of their environment-friendly… Continue reading Hyundai, Kia’s EV exports more than double in 2019