The South Korean government wants Hyundai to develop fully autonomous vehicles for fleet customers in 2024 and for the general public by 2027.
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.
Chevrolet has introduced the 2019 Chevrolet Malibu to the South Korea market, which includes a 1.3L, three-cylinder turbocharged engine.
Under this latest supply agreement with Hyundai, Wabco will furnish the manufacturer with a broad portfolio of its advanced technologies to support series production of Hyundai’s new medium-duty trucks in South 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.
GM Korea Company is investing $2.8 billion to design and manufacture new SUV and CUV vehicles for Korea and export markets.
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.
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.
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 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.
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