Hyundai and Kia are on a sales charge in 2014, and parent company Hyundai Motor Group is increasing projections to a record eight million combined units for the automakers by the end of the year – a bump over the original target of 7.86 million vehicles.
South Korean buyers hoping to stomp on the throttle to hear the thundering V8 of the Chevrolet C7 Corvette have reason to be a little depressed, it seems. The South Korean government has no interest in hearing the 'Vettes angry growl. We're afraid it's just too darn loud.
Hyundai and sister company Kia are giving themselves a little bit of time to make up a lot of ground in the fight for better fuel economy. We wonder if a recent multi-million fine might have something to do with this public target.
In countries across the globe, ride-hiring app Uber has faced criticism from taxi drivers, who claim the service is unfair, citing the way its (unregistered) drivers can be hired, eliminating the need to stand on a corner hailing. In the South Korean capital of Seoul, though, Uber and the taxi drivers are living harmoniously, thanks to a new service.
Despite once-grand plans to have its spiritual successor to the Tesla Roadster – and other electric vehicles – on US roads by the end of 2014, Detroit Electric still hasn't delivered Job One. That might change with a new deal just announced with Jeju Island in South Korea.
Doing things Gangnam style apparently costs a serious chunk of change, because Hyundai is reportedly paying roughly $10 billion for 19.6 acres (79,342 square meters) of land in the trendy district of Seoul, South Korea, to serve as the location for its new headquarters. That eye-popping number represents the highest amount ever paid for a plot of land in South Korea, according to Reuters. The hefty price tag reportedly scared investors enough for stock prices to sink dramatically.
In September 2013, the Haenggung-dong neighborhood in Suwon City, South Korea tried a bold experiment: have the locals go car-free for 30 days as part of the EcoMobility World Festival. Looking back on the event a year later, Sustainable Cities Collective reports, residents are still feeling the impact of those 30 different days.
Korea is not without its domestic automobiles that would be suitable for transporting a visiting head of state: the Hyundai Equus comes to mind. Failing that, a Genesis sedan would do the trick. Maybe even a Kia K900 or a Renault Samsung SM7. But those familiar with Pope Francis and his taste in transportation won't be surprised that His Holiness has chosen something decidedly more modest for his visit to South Korea.
The ridesharing service Uber promises to connect people needing a lift with drivers offering one, and it appears to be pretty useful. After all, you can use it to summon Optimus Prime. For many cab drivers around the world, though, the app is basically the bane of their existence. The French passed a law mandating wait times before pickups in January, and 30,000 European cabbies staged a mass protest in June. The latest group hoping to ban Uber is the government of Seoul, South Korea.
Think the UAW is the only labor union that's angling to give General Motors headaches in the near term? Guess again. GM employees in South Korea's highly unionized and strike-happy workforce have officially approved a strike action against the automaker as labor talks are set to begin.
Hyundai remains in hot water in its home market after the South Korean Ministry of Land, Infrastructure and Transport alleged that the country's largest automaker, along with Ssangyong, misstated fuel economy numbers on some of its crossovers. Now, though, the country's consumers are going after Hyundai, with a lawsuit from 1,500 Santa Fe owners.
There's a logical progression of technology in the auto industry. We've seen it with things like carbon-ceramic brakes, which use to be the sole domain of six-figure sports cars, where they often cost as much as an entry level Toyota Corolla. Now, you can get them on a BMW M3 (they're still pricey, at $8,150). Who knows, maybe in the next four a five years, they'll be available on something like a muscle car or hot hatchback. Aluminum has had a similar progression, although it's further along, m
When it comes to providing some island EV love, we can point to Hawaii, which has been pushing hard for greater electric-vehicle adoption through subsidies and a broader charging network. Now, South Korea has Jeju. We're not sure if the surf is as good.
Stop us if you've heard this one before: Hyundai is going to have to reduce the officially announced miles-per-gallon number for its 2014 Sonata. While there's a lot of similarity between this new situation and events that transpired in 2012, there are some important differences. For one, the new mileage mistake, which Hyundai says was once again caused by an error at its test centers, is only applicable to cars in the Korean Domestic Market. Secondly, it's not so much mpg as kilometers per lite
The hamsters in those Kia Soul commercials? Looks like they'll be riding real quiet and quite clean a little sooner than we thought. Kia is now saying it will start production of the 2015 Soul EV next month, and sales will start later this year in the company's home country of South Korea. Additionally, according to Reuters, Kia is keeping sales expectations low, suggesting it should sell about 5,000 Soul EVs a year at a price of around $39,000, though the out-of-pocket costs should be cut in ha
Hyundai is hoping prospective car buyers won't quibble with a 1.3 percent price hike for its Sonata Hybrid this year. Heck, the South Korean automaker brought the price down a year ago, so everyone's theoretically almost even. Or so they hope.
Yes, one day, you too may be able to fully recharge your plug-in vehicle's battery in the amount of time it takes to decelerate down one of those runaway truck ramps. Assuming your brakes actually work, of course.
A prolonged factory strike at Hyundai-Kia factories in South Korea could mean that US dealership inventory of certain vehicles, such as the South Korea-built Hyundai Accent and Kia Soul, could dry up in the coming months, depending on the length of the strike, reports Cars.com's blog, Kicking Tires. The two brands together rank sixth in US sales and fifth in global sales.
South Korea has the highest suicide rate among the 20 countries that make up the Organization for Economic Cooperation and Development, and it's carried that unfortunate statistic on its back for the past eight years. Between 2003 to 2011, 1,090 people committed suicide by jumping off bridges spanning the Han River, with the Mapo Bridge – nicknamed The Bridge of Death – saddled with the highest death toll.