KIA CORP. LAUNCHES NEW K8 SEDAN IN SOUTH KOREA

Highlights –

• Kia Corp. launches new K8 sedan in South Korea.
• The car company also showed its new brand logo.
• The new K8 sedan is said to be equipped with advanced safety features.
• The company is said to have received 24,000...

S. KOREA’S EXPORTS OF AUTOMOBILES INCREASE BY 35 PERCENT IN FEBRUARY

Highlights –

• S. Korea’s exports of automobiles increase by 35 percent in February.
• In February, outbound shipments of automobiles were 161,886 units.
• Hyundai saw overseas sales increase by 40.4 percent in terms of units.
...

HYUNDAI AND AFFILIATE KIA MOTOR REPORTS FALL IN U.S VEHICLE SALES IN 2020

Highlights –

• Hyundai and affiliate Kia Motor reports fall in U.S vehicle sales in 2020.
• Hyundai and Kia combined sold 1,208,374 vehicles in 2020.
• The carmakers' overall sales fell by 12 percent to 6.35 million units from 7.19 mill...

KIA MOTOR’S ‘e-NIRO’ BECOMES BEST-SELLING ELECTRIC CAR IN UNITED KINGDOM

Highlights:

• The e-Niro model of the Kia Motors company becomes the best-selling electric car in the month of October 2020 in United Kingdom
• The company Kia Motors has announced that, the company has recorded its best-ever quarterly sales during the th...

KOREAN INDUSTRIES TIGHT-LIPPED TO OUTCOME OF US PRESIDENTIAL ELECTIONS

• As the world elatedly watches the razor-sharp US presidential election unfold to a lot of uncertainty ahead, Democrat candidate Joe Biden appears to have the upper hand, as of Thursday here.
• South Korean industries have remained pensive for either scenario, with prospects gyrat...

KIA MOTORS TO ROLL OUT SEVEN HYPNOTIC EV’S ON INDIGENOUS PLATFORM BY 2027

• Kia Motors is expected to launch seven EV’s by 2027 employing the company’s sophisticated EV platform, a move that will accelerate the transition to EVs in the growing sustainable car market.
• The first model, called CV and developed with Electric Global Modular Plat...

KIA MOTORS CONTINUES DOMESTIC SHUTDOWN OF ITS PLANTS

Highlights –

• Kia Motors has extended the domestic shutdown of its production plants.
• The shutdown comes due to slow global demand over the rising pandemic.
• The company has decided to shut its No.2 line in Gwangju for two weeks.
...

SOUTH KOREA PRODUCTION REBOOTS IN SHANDONG

Highlights:

• The local government in Shandong has helped around 32 South Korean auto parts makers in the province to restart work.
• To prevent the infection the locals from different towns have helped the company to arrange its workers&...

For the first time in decade Korean automakers’ 2019 output falls below 4-mn

The combined annual output of South Koreans was down for the first time in a decade by less than 4 million units in 2019, underlining the Korean industry's decreasing competitiveness because of persistent labor unrest and rising Chinese rivals.

Korean carmakers–Hyundai Motor, ...

Korea's vehicle production is likely to drop below 4 Mil. This year's units

In four years, Hyundai Motor Co., the Korean automotive industry's flag bearer, has come up with 100% usage of its Korean factories. Due to successful launches of new models and no labor dispute, the assembly plants of the company have been working efficiently throughout the year.

N...