Korean auto shares shine in gloomy stock market

Korean auto shares shine in gloomy stock market

South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...

Hyundai, Kia take throne in Russia on decade of investment

Hyundai, Kia take throne in Russia on decade of investment

Hyundai Motor Group, the world’s fifth-largest carmaker, topped the Russian automobile market last month for the first time since January 2017...

Hydrogen yet to boost Hyundai, Kia stocks

Hydrogen yet to boost Hyundai, Kia stocks

Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, remained sluggish in the local stock market despite their hydrogen industry...

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...

Kia invests $9 mn in fintech startup Banksalad

Kia invests $9 mn in fintech startup Banksalad

South Korea's major automaker Kia Corp. is set to invest 10 billion won ($8.7 million) in Banksalad Co.'s Series D funding round as the company ai...

Hyundai, Kia US sales slower despite strong growth

Hyundai, Kia US sales slower despite strong growth

Hyundai Motor Group reported a near 30% rise in US sales last month, but the growth is decelerating as the world’s second-largest automobile m...

Samsung’s Olympic goodie bag goes viral among athletes

Samsung’s Olympic goodie bag goes viral among athletes

Samsung Electronics Co.’s marketing efforts at the Tokyo Olympic Games have received a wide welcome from the athletes participating at the eve...

Hyundai-sponsored archers reign supreme with 9th-straight gold in Tokyo

Hyundai-sponsored archers reign supreme with 9th-straight gold in Tokyo

Chung Euisun, Hyundai Motor Group Chairman and chair of the Korea Archery Association (KAA), was captured on TV July 25, watching the women’s ...

Hyundai Motor, Kia post strong Q2 profits; Chip shortage dims outlook

Hyundai Motor, Kia post strong Q2 profits; Chip shortage dims outlook

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, on Thursday posted strong second-quarter earnings, driven by pricey spo...

Hyundai Motor, Kia report record-high H1 sales in US

Hyundai Motor, Kia report record-high H1 sales in US

Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...

Hyundai, Kia outrival Japanese carmakers in India, other emerging markets

Hyundai, Kia outrival Japanese carmakers in India, other emerging markets

India, one of the world’s fastest-growing auto markets, has for decades been dominated by Japan’s Suzuki Motor Corp., which runs Maruti ...

Kia, Uber form electric mobility partnership in Europe

Kia, Uber form electric mobility partnership in Europe

South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to supply electric vehicles in Europe fo...

Hyundai Motor, Kia overtake Ford in US auto sales in May

Hyundai Motor, Kia overtake Ford in US auto sales in May

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...

Kia posts record US sales for 2nd straight month, driven by SUVs

Kia posts record US sales for 2nd straight month, driven by SUVs

Kia Corp., an automaking affiliate of the Hyundai Motor Group, on Monday posted its best-ever monthly US auto sales for a second straight month in A...

Kia raises $700 mn in foreign green bonds

Kia raises $700 mn in foreign green bonds

Kia Corp. has issued its first foreign currency ESG bonds worth $700 million to strengthen its investment in electric vehicles and other eco-friendl...

Samsung SDI to supply cylindrical cells to Hyundai, Kia

Samsung SDI to supply cylindrical cells to Hyundai, Kia

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is developing cylindrical lithium-ion batteries for Hyundai Motor C...

Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5

Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5

Kia Corp. on Tuesday debuted the EV6, its first dedicated electric vehicle built on Hyundai Motor Group’s new EV platform, amid intensifying com...

Kia fully unveils EV6 with new design philosophy

Kia fully unveils EV6 with new design philosophy

Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...

Hyundai, Kia set to change gear to revive China sales

Hyundai, Kia set to change gear to revive China sales

Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market in 2002. Their Chines...

Kia reveals teaser of first dedicated EV model, EV6

Kia reveals teaser of first dedicated EV model, EV6

Kia Corp. on Mar. 9 showcased teaser images and video clips of EV6 – its first dedicated electric vehicle (EV) built on Hyundai Motor Group&rs...

Hyundai Motor, Kia post strong US sales on SUV, Genesis

Hyundai Motor, Kia post strong US sales on SUV, Genesis

Hyundai Motor Co. and sister firm Kia Corp. posted strong January sales in the US, where the South Korean companies are working to refine their prof...

Kia shares jump on $3.6 bn Apple Car project news

Kia shares jump on $3.6 bn Apple Car project news

Shares in Kia Corp. and South Korean automotive parts makers rose sharply on Wednesday, following a news report that Apple Inc. will make an initial...

Kia aims to become purpose-built vehicle market leader: CEO

Kia aims to become purpose-built vehicle market leader: CEO

Kia Corp. recently dropped Motors from its name and changed the design and color of the logo that had represented the Korean automaker globally for ...

Kia delivers Q4 earnings surprise; operating profit hits all-time high

Kia delivers Q4 earnings surprise; operating profit hits all-time high

Kia Corp., South Korea’s second-largest automaker, on Wednesday posted a record quarterly operating profit on the back of strong sales of high...

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

Kia drops Motors from name, unveils roadmap for new EV models

Kia drops Motors from name, unveils roadmap for new EV models

Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...

Hyundai, Kia rev up SUV sales in India amid pandemic lockdown

Hyundai, Kia rev up SUV sales in India amid pandemic lockdown

Hyundai Motor Co. and its sister firm Kia Motors Corp. are emerging as preferred sport-utility vehicle brands in India, as one in every two SUVs sol...

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...

SUVs drive up Hyundai, Kia in US market; G80 named safest car of year

SUVs drive up Hyundai, Kia in US market; G80 named safest car of year

A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...

Hyundai, Kia to reflect $2.94 bn quality costs in Q3 results

Hyundai, Kia to reflect $2.94 bn quality costs in Q3 results

Hyundai Motor Co. and affiliate Kia Motors Corp. said on Oct. 19 that a combined 3.36 trillion won ($2.94 billion) in quality-related costs will be re...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation