Over 60 per cent of South Korea's automotive exports throughout most of 2024 have been shipped to North America, industry data showed on Sunday, raising calls for companies to consider more balanced global export strategies.
Hyundai Motor, South Korea's biggest carmaker, said on Wednesday its sales fell 3.7 per cent last month from a year earlier on weak overseas demand.
Automaker Kia India on Tuesday said it registered sales of 66,553 units In the second quarter this fiscal (July-September period), marking almost 10 per cent growth over the April-June period this year.
Electric vehicle (EV) models produced by South Korea's Hyundai Motor and Kia have received top ratings in major global car crash safety tests, the automakers said on Sunday.
Hyundai and Kia's second-quarter operating income likely rose 1 per cent and 11 per cent, respectively, from the same period of last year, the survey showed.
Hyundai Motor, South Korea's top carmaker, and its sister company, Kia, are set to post combined exports of 2 million units in 2023, data showed on Sunday, on the back of the post-pandemic market recovery.
Hyundai debuted the Ioniq 5 N, the first high-performance EV model of the company's N brand aimed at the North American market.
Recently, KIA’s CEO Hari Marar had pitched for a second airport in Bengaluru to cater to the increasing number of flyers to and from the city.
Kia’s EV6 GT topped this year’s evaluation of electric vehicle models by a leading German automotive magazine, Auto Motor Und…
Hyundai's sales climbed 7 percent to 60,604 units last month from 56,761 a year ago, while Kia's were up 12 percent to 58,276 from 52,067 during the same period, the data showed, reports Yonhap news agency.
