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March 27, 2024
HD Hyundai vows to enhance support for foreign workers
HD Hyundai Chair Kwon Oh-gap and top executives convened Wednesday for a luncheon with foreign national workers at an Ulsan work site, pledging enduring support for their welfare. The gathering, hel...ong with Chair Kwon, Presidents Lee Sang-kyun and Noh Jin-yul of HD Hyundai H...
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March 27, 2024
Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
...o support skilled workers facing retirement age by rehiring 13,000 of them for a certain period. Hyundai Motor Group’s eight affiliates operate the continuous employment program for retired employees ...tered on Korea through large-scale job creation and intensive investment in the cou...
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March 26, 2024
Genesis to expand beyond luxury
...he luxury auto brand as it expands into the territory of high-performance vehicles, according to Hyundai Motor Group. The automaker said the plan is to ultimately develop a high-performance Magma mod...kes for the car to reach 100 kilometers per hour from a standstill,” said Chang Jae...
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March 26, 2024
Kia hires ex-Mercedes, BMW designers
...e appointments are expected to encourage collaboration and competition among the carmaker's regional design centers, the company said in the announcement. Samson's career in design started at the Hyundai and Kia European Design Center in 2003, followed by roles at Changan Automobile, N...
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March 26, 2024
Hyundai unveils 2 Genesis concepts in New York
Hyundai Motor said Tuesday it has unveiled two new Genesis concept vehicles in New York as it strives to further strengthen the independent Genesis brand. Hyundai Motor introduced the brand's first ... the Genesis Magma program, which was officially launched in the Genesis show...
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March 26, 2024
Kia hires ex-Benz, BMW designers for Europe, China centers
...tion designs, concepts and models, it said. Samson began his career as exterior designer at the Hyundai and Kia European Design Center in 2003 and later worked at China's Changan Automobile and elect...n 2006, Kia appointed former Audi designer Peter Schreyer as its chief design office...
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March 25, 2024
Hyundai Motor, Saudi Arabia join efforts for future mobility ecosystem
Hyundai Motor Group said Monday that it has joined hands with Red Sea Global to implement eco-friendly future mobility to Saudi Arabia’s development project to open luxurious and pro-nature tourism r...tion opportunities that can make the best of both parties,” said Lee Dong-kun, vice p...
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March 25, 2024
Hyundai Motor ranks 2nd in US EV sales
Hyundai Motor Group ranked second behind Tesla in terms of electric vehicle sales in the United States in January, a report showed Monday. Citing statistics from S&P Global Mobility, Automotive News... the Korean carmaker in the US market, noting that the number of newly registered EVs t...
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March 25, 2024
Executives get paid 11 times more than average employees: report
..., South Korea's biggest conglomerate, make 2.21 billion won in salary which is 18.9 times more than the average employee made. The next highest paid executives were at LG Group (1.57 billion won), Hyundai Motor Group (1.48 billion won), Doosan Group (1.19 billion won), HD Hyundai
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March 25, 2024
Hyundai Motor to double E-pit fast chargers by 2025
Hyundai Motor Group revealed on Sunday its plans to double the number of its ultra-fast chargers for electric vehicles in South Korea to 500 by 2025. As of March, the group operates 286 E-pit EV cha...rea in collaboration with its affiliate Korea Electric Vehicle Charging Service. Last ...
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March 22, 2024
[Test Drive] Hyundai Staria hybrid presents standard of multi-purpose vehicle
...lion won ($21,300). The price of the nine- to eleven-seater tourer model starts at 32.38 million won. The lowest price of the seven- to nine-seater lounge model is 37.50 million won. According to Hyundai Motor, the automaker is considering plans to export the new Staria hybrid to overs...
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March 22, 2024
Hyundai Motor to provide wheels for Korea-Africa summit in June
Hyundai Motor Group said Friday that it had joined hands with the Korean government’s preparatory committee to provide official transportation at the first Korea-Africa summit in June. Under the par...ul that we will support official vehicles for the first summit between Korea and Afric...
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March 22, 2024
Hyundai Motor to provide Genesis sedans for S. Korea-Africa summit in June
Hyundai Motor Group said Friday it will provide the luxury Genesis brand's G90 and G80 sedans during the South Korea-Africa Summit due in Seoul in June. The South Korean carmaker will sponsor the fi...-5 by offering 77 G90 flagship sedans and 42 G80s as official vehicles during the summi...
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March 21, 2024
HD Hyundai honors late founder
HD Hyundai commemorated the 23rd anniversary of the passing of its founder, Chung Ju-yung, with a dedicated memorial event held Thursday that paid homage to his enduring legacy. The tribute took place at the HD Hyundai Global Research and Development Center in Seongnam, Gyeongg...
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March 21, 2024
Hyundai Motor vows to enhance EV competitiveness
Hyundai Motor, South Korea's largest automaker, plans to strengthen the competitiveness of its electric vehicle (EV) business and actively pursue its software-defined vehicle (SDV) vision this year, its chief executive said Thursday. At an annual meeting of shareholders, Hyundai
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March 20, 2024
10 automakers fined W10.3 bln for selling cars with subpar safety standards
...cars with inadequate safety standards. Of those, nine were foreign companies, including Volkswagen Group Korea, Mercedes-Benz Korea, Ford Sales & Service Korea, Porsche Korea and BMW Korea, while Hyundai Motor was the sole South Korean firm, according to the Ministry of Land, Infrastru...
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March 19, 2024
Hyundai Motor Group continues to rack up EV accolades
Hyundai Motor Group has been winning dozens of awards with its diverse lineup of electric vehicles across the globe and is looking to continue adding more to its trophy collection. According to the South Korean auto conglomerate on Tuesday, the EVs of its three brands -- Hyundai
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March 19, 2024
Hyundai Motor named official sponsor of MLB World Tour in Seoul
Hyundai Motor, South Korea's leading automaker, said Tuesday it has been named an official sponsor of the US Major League Baseball (MLB) World Tour Seoul Series set to open in South Korea this week. ...where the Los Angeles Dodgers and the San Diego Padres will face off on Wednesday and T...
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March 18, 2024
Kumho Tire to make EV push with EnnoV rebrand
...hree products: EnnoV Premium for all-season use, EnnoV Winter for colder conditions, and EnnoV Supermile for long range, catering to a diverse range of electric vehicles from manufacturers such as Hyundai, Kia, Genesis, Audi, Porsche, and BMW. "We're looking at a 7 percent contribution...
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March 18, 2024
HD Korea Shipbuilding wins W489.6b order for 3 ammonia carriers
...won ($372 million) order to build three very large ammonia carriers for an Oceanian shipper. HD Hyundai Heavy Industries, one of HD Korea Shipbuilding's three shipbuilding units, will construct the c...building, oil refining and machinery conglomerate HD Hyundai, has three do...