Korea Joongang Daily
Korea JoongAng Daily

Government pledges deregulation boost, easing EV plant upgrade for Kia

The government has promised to carry out a number of noticeable deregulation steps to enhance business activities, including the easing of regulatory burdens on an EV plant upgrade for Kia, a local business lobby said Wednesday.

2025-01-15

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 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

Hyundai, Kia achieve record sales of eco-friendly vehicles in U.S. in 2024

Hyundai Motor and Kia, Korea's leading automakers, achieved their highest-ever sales of eco-friendly vehicles in the United States last year, according to the companies Tuesday.

2025-01-07

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 posts 2% drop in units sold in 2024 on weak domestic demand

Hyundai Motor reported a 1.8 percent drop in units sold in 2024 on the back of weak domestic demand, but sister automaker Kia ticked up ever so slightly.

2025-01-03

Hyundai hopes foreign leadership means smooth sailing in 'Trump storm'

With its first foreign national CEO and a former U.S. diplomat helming its strategy division, Hyundai Motor Group is moving to "Trump-proof" itself in the U.S. market.

2025-01-03

Kia Tigers sign Cub's slugger Patrick Wisdom

The 2024 Korean baseball champions Kia Tigers finalized their signing of former major league slugger Patrick Wisdom on Thursday.

2024-12-26

Kia launches Syros compact SUV in India

Kia launched the Syros, a compact SUV in India, featuring gas and diesel engines, advanced interior technology, and a modern design aimed at urban drivers. Pricing will be revealed in January 2025, with orders starting in February.

2024-12-22

Hyundai, Kia, GM Korea, and Honda Korea recall 300,000 vehicles for faulty components

Hyundai, Kia, GM Korea and Honda Korea will recall more than 307,500 vehicles due to faulty components across 22 models, addressing various safety issues including potential fire risks and defective fuel systems.

2024-12-17