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South Korea

South Korea Fleet Market Now 10% of Auto Market

Revised U.S. trade deal with South Korea doubles U.S. export potential, while South Korea’s government plans to boost EV production and bail out the ailing auto parts market with subsidies.

Hyundai's U.S. Chief Heads Back to Korea

Hyundai Motor Co. has called its former top North American executive Kyung Soo "Kenny" Lee back to South Korea, where he will serve as an adviser to the company, Automotive News is reporting.

Hyundai's Next-Gen Fuel Cell Vehicle: 378 Miles

Hyundai unveiled its Nexo next-generation hydrogen fuel cell vehicle with higher-level autonomy that should deliver a range of 609 kilometers (378 miles) and will initially be sold in South Korea, the company announced.

GM Restructuring South Korea Operations

General Motors will close one of its four South Korea factories by the end of May as part of a restructuring of its operations in the country to make its business more profitable.

Genesis Reveals G70 Luxury Sedan

The G70 offers three powertrains – a 3.3-liter V-6 gasoline turbo, 2.0-liter inline-four gasoline turbo, and a 2.2-liter inline-four diesel. The G70 Sport is equipped with the Lambda II 3.3-liter V-6 turbo GDI.

Hyundai to Launch Next-Gen Fuel Cell SUV

Hyundai Motor will offer a new hydrogen fuel cell utility vehicle that's part of the company's goal of increasing the number of its green vehicle models in the next five years.