BMW mulls additional recall plan for EGR-carrying models

SEOUL, Oct. 12 (Yonhap) — BMW Korea is reviewing a recall plan for the 118d sedan and other models not subject to the latest recall following engine fires in the 520d sedan, the transport ministry said Friday. BMW Korea is in the process of recalling over 106,000 BMW cars to fix the exhaust gas recirculation… Continue reading BMW mulls additional recall plan for EGR-carrying models

Hyundai Avante refresh shines for its practicality

By Choi Kyong-ae NAMYANGJU, South Korea, Sept. 6 (Yonhap) — Hyundai Motor Co.’s significantly redesigned Avante compact on Thursday proved it is a really suitable entry-level vehicle for everyday city driving in terms of fuel efficiency and safety features. In a 130-kilometer test drive that took two hours in Namyangju, just east of Seoul, the… Continue reading Hyundai Avante refresh shines for its practicality

(LEAD) Hyundai Motor creates new exec position to increase sales in China

(ATTN: MOVES UP photo; ADDS sales data in China and background in last 3 paras) SEOUL, Aug. 24 (Yonhap) — Hyundai Motor Group, South Korea’s biggest automotive conglomerate, said Friday it has created a new executive post to improve lackluster sales in China, the world’s biggest automobile market. Hyundai named Vice Chairman Kwon Moon-sik, who… Continue reading (LEAD) Hyundai Motor creates new exec position to increase sales in China

Hyundai Motor creates new exec position to better meet China demands

SEOUL, Aug. 24 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Friday it has created a new executive post to improve lackluster sales in China, the world’s biggest automobile market. Hyundai Motor named Vice Chairman Kwon Moon-sik, who is currently in charge of the carmaker’s research and development headquarters, as chief… Continue reading Hyundai Motor creates new exec position to better meet China demands

Hyundai sells 223 Nexo hydrogen-powered cars to set new annual record

SEOUL, July 29 (Yonhap) — Hyundai Motor Co. said Sunday that it sold 223 Nexo hydrogen fuel cell cars since its launch in March, and that the company expects record sales for its clean car this year, buoyed by increases in domestic and worldwide demand. South Korea’s No. 1 carmaker said of the total, 179… Continue reading Hyundai sells 223 Nexo hydrogen-powered cars to set new annual record

Carmakers’ June sales rise 9.9 pct as demand recovers

SEOUL, July 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 9.9 percent last month from a year earlier due to increased demand from major markets, corporate data showed Monday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. —… Continue reading Carmakers’ June sales rise 9.9 pct as demand recovers

Kia’s June sales rise 5.9 pct as demand recovers

SEOUL, July 2 (Yonhap) — Kia Motors Corp. said Monday its car sales rose 5.9 percent last month from a year earlier on recovering demand for its vehicles. Kia Motors sold 251,216 vehicles in June, up from 237,318 units a year earlier, the company said in a statement. The monthly sales were helped by recovering… Continue reading Kia’s June sales rise 5.9 pct as demand recovers

Hyundai’s June sales jump 15.4 pct on overseas demand

SEOUL, July 2 (Yonhap) — Hyundai Motor Co., South Korea’s top automaker, said Monday its June sales jumped 15.4 percent from a year earlier on recovering overseas demand for its vehicles. Hyundai Motor sold 414,222 vehicles in June, up from 359,022 units a year earlier, the company said in a statement. “The monthly results were… Continue reading Hyundai’s June sales jump 15.4 pct on overseas demand

Hyundai union threatens to take legal action if company signs up for car JV

SEOUL, June 19 (Yonhap) — Hyundai Motor Co.’s union said Tuesday it will take legal action if the company signs a contract to invest in a local car-manufacturing joint venture proposed by a municipal government. Hyundai Motor originally planned to sign an agreement with the Gwangju city government on Tuesday to become the second-largest shareholder… Continue reading Hyundai union threatens to take legal action if company signs up for car JV

Hyundai, Kia to operate regional headquarters from July

SEOUL, June 18 (Yonhap) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday that their regional headquarters in North America, Europe and India will be making key decisions going forward to better meet local market demands. Starting on July 2, Hyundai’s regional headquarters in the three regions and Kia’s offices in North… Continue reading Hyundai, Kia to operate regional headquarters from July