Kia car sales
Scope
Date
~
-
Batteries
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Oct 07, 2024 (Gmt+09:00)
-
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)
-
Retail
CU, GS25 in fierce race for top spot in Korea’s convenience store market
Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...
Oct 07, 2024 (Gmt+09:00)
-
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)
-
League table
UBS retains top position on Korea’s M&A advisor list after Ecorbit deal
UBS Group AG remained on the top of the South Korean merger and acquisition (M&A) advisory market as of the end of the third quarter after addin...
Oct 04, 2024 (Gmt+09:00)
-
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)
-
Economy
S.Korea’s exports stand firm thanks to record chip sales
South Korea’s exports extended their growth streak for the 12th straight month in September mainly driven by record-high semiconductor shipmen...
Oct 01, 2024 (Gmt+09:00)
-
Bio & Pharma
Celltrion establishes subsidiary in Vietnam
Celltrion Inc., South Korea’s largest biosimilar maker, said on Monday that it completed the establishment of a local subsidiary in Vietnam....
Sep 30, 2024 (Gmt+09:00)
-
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)
-
Electronics
LG to invest $762 mn in webOS to transform into platform-based tech giant
LG Electronics Inc., the leading global home appliance maker, plans to invest more than 1 trillion won ($762 million) in its multitasking operating ...
Sep 29, 2024 (Gmt+09:00)
-
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)
-
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)
-
Fashion
Shinsegae International launches Harley-Davidson Collections
South Korea's Shinsegae International Co. launched a brand called Harley-Davidson Collections on Friday, blending Harley-Davidson’s motorcycle...
Sep 27, 2024 (Gmt+09:00)
-
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)
-
Electronics
LG Display ends large LCD business with plant sale to CSOT
South Korea’s leading display maker LG Display Co. is gearing up its transition into a leading organic light-emitting diode (OLED) panel maker...
Sep 26, 2024 (Gmt+09:00)
-
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)
-
Automobiles
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
Sep 25, 2024 (Gmt+09:00)
-
Logistics
Hyundai Glovis, BYD seek strategic alliance on car exports
Hyundai Glovis Co. has inked a memorandum of understanding with China's No. 1 electric vehicle maker BYD Co. to form a strategic alliance on car tra...
Sep 25, 2024 (Gmt+09:00)
-
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)
-
Fiber & Textile
Kolon expands eco-friendly car interior materials biz
South Korea's Kolon Industries Inc., the Kolon Group's chemical materials arm, will absorb its affiliate Kolon Glotech's automotive materials and pa...
Sep 24, 2024 (Gmt+09:00)
-
Food & Beverage
Daishin Securities lowers its price target for Nongshim
Daishin Securities Co. cut its price target on Nongshim Co.'s stock to 530,000 won ($397) from 550,000 won ($412) on Tuesday, saying the company's o...
Sep 24, 2024 (Gmt+09:00)
-
Automobiles
Genesis GV70, Electrified GV70 named safest cars by IIHS
Hyundai Motor Co.'s premium brand Genesis said on Sunday that its sport utility vehicle (SUV) GV70 and the Electrified GV70 got the highest rating...
Sep 23, 2024 (Gmt+09:00)
-
Advertising & Marketing
KakaoTalk to adopt full-screen ads as sales, profit growth stunted
Kakao Corp., the operator of South Korea’s dominant messenger and chat app KakaoTalk, is set to introduce full-screen advertisements on the ch...
Sep 23, 2024 (Gmt+09:00)
-
Real estate
Koramco puts Hyundai Motor Securities building on market
Koramco Asset Management Co. has put the Hyundai Motor Securities building in Seoul's Yeouido business district (YBD) on the market. The deal is exp...
Sep 20, 2024 (Gmt+09:00)
-
Corporate strategy
Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted
South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...
Sep 19, 2024 (Gmt+09:00)
-
Banking & Finance
Woori Financial launches $75 mn PF restructuring support fund
South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the...
Sep 19, 2024 (Gmt+09:00)
-
Markets
LX Pantos founder’s son sells shares to LX International for $37 mn
The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomera...
Sep 16, 2024 (Gmt+09:00)
-
SK E&S mulls sale of real estate to boost clean energy biz
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is considering selling its real estate asset in Seoul, which is expec...
Sep 13, 2024 (Gmt+09:00)
-
Automobiles
Hyundai Motor, Kia win 12 awards at IDEA Design Awards
Hyundai Motor Co. and Kia Corp. announced on Friday that they won a total of 12 awards, including three Gold Awards, at the 2024 International Desig...
Sep 13, 2024 (Gmt+09:00)
-
Automobiles
Kia, 42dot, Geotab to team up for PBV management system
Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management system for purpose-built vehi...
Sep 13, 2024 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess