Kia achieved record quarterly operating profit of 3.43 trillion won despite a decline in sales, which the company attributed to slowing EV demand and supply shortages.
Kia’s all-new K4 compact sedan made its first-ever physical debut at the 2024 New York International Auto Show on Wednesday.
Hyundai Motor Group will invest 68 trillion won ($50.6 billion) through 2026, and directly hire 80,000 new employees in Korea.
Hyundai Motor Group produced 7.23 million units last year, over half of which were made in factories abroad.
The motor group has scratched its planned 105-story skyscraper in favor of two buildings with some 50 floors each.
Hyundai Motor Group Executive Chair Euisun Chung has been appointed as an honorary Commander of the Most Excellent Order of the British Empire (CBE) for his contributions to electric mobility and the arts.
The Korean Foreign Ministry has said there are no Korean citizens in the casualties of the recent Israel-Hamas conflict, as of 11 a.m. Sunday.
As Hyundai Motor’s charity program dedicated for childhood cancer patients marked its 25th anniversary this year, the carmaker celebrated its quarter-century milestone in Washington D.C. on Thursday.
Hyundai Motor Group donates $1.1 million for earthquake and flood relief in Morocco and Libya.
The infotainment system for Hyundai Motor’s future purpose-built vehicles (PBVs) will run on Qualcomm’s latest automotive solutions.
Korea JoongAng Daily Sitemap