Korea, Republic of: Latest automotive news & analysis

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Will Kia succeed with multi-model Ceed plans?

10 Dec 2018 | Glenn Brooks

Kia Motors Europe is just weeks away from an annual sales record by crossing the half-million mark. In Britain, KME's best market, the brand will get close to six figures, the year-to-date total being 91,954 cars, some 6,000 ahead of Hyundai. The increasingly sought-after third generation Ceed is the new growth driver, building on the strong performance of the Sportage.

Hyundai-Kia's design chief on CASE opportunities

16 Nov 2018 | Chris Wright

Hyundai Motor Group Design chief Peter Schreyer is rightly proud of his role in changing not only the look,  but the perception of the South Korean carmaker’s two brands. His work is far from done, however. There are plenty more challenges ahead, not least with the advent of autonomous vehicles.

Kia overtakes Hyundai in EU thanks to Sportage

25 Oct 2018 | Glenn Brooks

WLTP changes made for a strange September, with Opel-Vauxhall Europe's number one ahead of BMW, Mercedes and Ford with Volkswagen plunging to fifth. Of all the brands in the top ten, Kia, in ninth place ahead of Hyundai, was the only one to post higher sales. That wasn't due to a fluke month either, it was thanks to multiple new models and a freshened Sportage in particular.

Updated Hyundai i20 heads for 250,000+ deliveries in 2018

13 Sep 2018 | Glenn Brooks

The i20 is a car which can be overlooked when considering the most important models in the global B segment. It shouldn't be. Hyundai is on course to sell around 140,000 units of this five-door hatchback in India this year and more than 100,000 in Europe.

i30 N shows Volkswagen should fear Hyundai

10 Sep 2018 | Glenn Brooks

Who would have thought even five years ago that Hyundai would be an equal to Renaultsport? The expanding N division is also now a threat to VW’s GTI models.

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Hyundai Motor Group shuffles management

12 Dec 2018 | Dave Leggett

Hyundai Motor Group (Hyundai-Kia) has reorganised its senior management tier in a move seen as helping to bring about a smooth transition of power and modernisation at the family run giant.

Hyundai targets 500k FCEVs per year by 2030

11 Dec 2018 | Staff reporter

Hyundai Motor hopes to lead the global fuel cell electric vehicle market with plans to produce 500,000 hydrogen fuelled vehicles per year in South Korea by 2030, executive vice-chairman Chung Eui-sun revealed in a statement to the local press.

Hyundai R&D chiefs offer resignations

11 Dec 2018 | Graeme Roberts

Hyundai Motor Group's two vice chairmen in charge of research and development (R&D) have offered to resign, three sources told Reuters.

LG Chem's EV battery business expected to become profitable in Q4

11 Dec 2018 | Staff reporter

LG Chem is expected to begin generating profits from its electric vehicle (EV) battery operations in the fourth quarter of 2018.

South Korean sales flat in November, exports drop

3 Dec 2018 | Staff reporter

Domestic sales by South Korea's five largest automakers combined rose by just 0.3% to 139,862 units in November from 140,132 units in the same month of last year, according to preliminary data released individually by the vehicle manufacturers.

Hyundai begins roll-out of new Palisade

3 Dec 2018 | Staff reporter

Hyundai Motor said on Friday it had received close to 3,500 orders for its newly-launched Palisade flagship SUV on the first day of pre-orders.

Hyundai Motor plans shares buyback

30 Nov 2018 | Dave Leggett

Hyundai Motor (Hyundai-Kia Group) plans to repurchase some 254.7 billion won (around US$227m) worth of its shares in an effort to boost shareholder value and stabilise the value of its shares, according to Korean media reports.

Nexen Tire announces Volkswagen Jetta OEM tyre deal

26 Nov 2018 | Graeme Roberts

Global OEM and aftermarket supplier Nexen Tire said it would supply its N'Priz AH8 tyres as original equipment (OE) tires for Volkswagen's new Mexican built Jetta.

GM names new head of Korea R&D unit

21 Nov 2018 | Dave Leggett

General Motors has nominated Roberto Rempel, executive chief engineer for small SUVs and mini vehicles, as the head of its R&D unit in Korea. GM stressed Rempel's engineering credentials as evidence of its commitment to Korea, a territory where it has racked up considerable losses in recent years and is reducing manufacturing capacity.

VW names additional battery cell partner

13 Nov 2018 | Dave Leggett

Volkswagen has said that South Korean manufacturer SK Innovation (SKI) completes a group of strategic suppliers for battery cells in all major world regions. The companies SK Innovation, LG Chem, Samsung and CATL have been named as partners for the long-term supply of cells for VW's rapidly growing electric fleet based on the Modular Electric Toolkit (MEB).

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