Korea Joongang Daily
Korea JoongAng Daily

Hyundai, Kia suppliers raked in $62 billion revenue in 2023

Hyundai and Kia suppliers reported $62 billion in revenue for 2023, surpassing Hyundai's own revenue.

2025-01-21

Electric endeavor: Hyundai showcases three-wheeled concept EV

Hyundai Motor presented its Electric Three-Wheeler concept at the Bharat Mobility Global Expo 2025 in New Delhi, highlighting its vision for micromobility in the Indian market.

2025-01-19

Hyundai and Kia to announce annual earnings next week

Hyundai Motor and Kia, Korea's top automakers, are expected to release their annual earnings results next week, drawing attention as to whether they can extend their streak of record-breaking performances, industry watchers said Thursday.

2025-01-16

Hyundai, Kia clean energy vehicle exports hit record high in 2024

Hyundai and Kia exported 707,853 environmentally friendly vehicles in 2024, a 3 percent rise and a record high.

2025-01-14

Hyundai donates $1M to Trump inauguration fund amid tariff, EV subsidy threats

Hyundai Motor donated $1 million to U.S. President-elect Donald Trump's inauguration fund in a company first as the incoming leader has threatened to hike import tariffs and spike EV subsidies.

2025-01-12

Hyundai plans $16.6 billion investment in Korea for 2025, half earmarked for R&D

Hyundai Motor Group will invest a record 24.3 trillion won ($16.4 billion) in Korea in 2025, with nearly half allocated to research and development (R&D) to advance the domestic mobility sector.

2025-01-09

Kia launches Smart Selection trim of Bongo truck

Kia has introduced a Smart Selection trim for its Bongo truck series, marking the 45th anniversary of the line.

2025-01-06

Hyundai Motor chair vows more diverse hiring at New Year's event

Hyundai Motor Group Executive Chair Euisun Chung expressed a new commitment to managerial diversity at a New Year's event following the appointment of José Muñoz as Hyundai Motor’s first non-Korean CEO.

2025-01-06

Hyundai EVs to qualify for U.S. tax credits for the first time

Hyundai Motor Group's five EV models will be subject to the U.S. tax credit program for EV purchases this year for the first time, industry sources said Thursday.

2025-01-03

Santa Fe, EV3 rated among safest cars in annual gov't evaluation

Hyundai Motor's midsize SUV Santa Fe and Kia's EV3 entry level electric vehicle (EV) were included among the safest cars in this year's government automobile safety evaluation, the Transport Ministry said Wednesday.

2024-12-25