Hyundai Motor Co.'s union approved this year's wage and collective bargaining agreement, avoiding a strike for the eighth consecutive year, the union said Tuesday.In a vote held Monday, 56 percent of 43,871 participating Hyundai workers cast a ballot for a revised wage and collective bargaining deal, the union said in a statement.  "The union has voted to finally approve the company's revised proposals as uncertainties in business environments grow further due to an escalating US-China

Hyundai Motor Group said Monday that sales of its cars in Western Europe have surpassed that of Japanese rivals Toyota Motor and Honda Motor over the last 7 1/2 years. Its auto affiliates -- Hyundai Motor and Kia Motors -- sold 552,701 cars in the January to June period, about 70,000 more than those sold by Toyota and Honda. The two carmakers together make up roughly 6 percent of all automobiles sold in Western Europe.In the first half of this year, the combined sales of Hyundai and Ki

Hyundai Motor Co., South Korea's largest carmaker, said Monday its sales fell 6.2 percent last month from a year earlier due to lower demand in emerging markets. Hyundai Motor sold 363,045 vehicles in August, down from 386,885 units a year earlier, the company said in a statement. Domestic sales declined 9.7 percent to 52,897 units last month from 58,582 a year ago, while overseas sales were down 5.5 percent to 310,148 from 328,303 over the cited period, the statement said."Lower demand in

Volkswagen plans to launch five more models of sport utility vehicles in Korea by 2020 to bolster its SUV lineup, the head of the automaker said Thursday.Amid increasing demand for larger multipurpose SUVs here, the company will relaunch its bestselling model Tiguan in October and the third-generation Touareg in November.The compact SUV T-Roc, large SUV Teramont and upgraded seven-seater Tiguan Allspace will be launched next year, completing the German carmaker’s SUV lineup here with vario

Automaker aims to complete eco-friendly commercial vehicle lineup by 2025

BMW Regional Distribution Center in Anseong is automaker’s 2nd-largest distribution hub in world

Auto parts maker returns home after reportedly cutting back production in China, Moon hails Mobis decision, green car technology

Unionized workers at Hyundai Motor Co. have reached a tentative wage and collective bargaining agreement, averting strikes for the first time in eight years, the company and the union said Wednesday.  "The union has decided to accept the company's revised proposals as uncertainties in business environments grow further due to uncertain political and economic situation stemming from an escalating US-China trade war and Japan's restrictions on exports (of key materials) to Korea," u

Hyundai Motor Group unveiled Tuesday a prototype of a foldable electronic scooter that can be charged by using electricity from Hyundai and Kia Motor vehicles.According to Hyundai Motor, the latest e-scooter will be built into Hyundai and Kia Motor vehicles and can be automatically charged by using electricity generated from driving a vehicle. Hyundai’s e-scooter runs on a 10.5Ah lithium-ion battery, allowing a 20 kilometer range on single charge. The top speed will be 20 kilometers per ho

Swedish carmaker Volvo’s third-generation midsized premium sedan the New V60 launched in South Korea on Tuesday, billed by the company as a reasonably priced model with an iconic Scandinavian design.The carmaker said the New S60’s exterior had been completely redone for the first time in eight years. Its vertically arranged front grille and Thor’s hammer-style LED headlights give the New S60 a stronger, bolder and sportier look, the firm said.Compared with its predecessor, the

Carmakers here are mulling job cuts and restructuring as they enter the fog of uncertainties over a sharp drop in sales, continued confrontations with labor and the delayed launches of some new vehicles.Renault Samsung Motors, the Korean unit of the French carmaker, said Sunday that it may consider slashing jobs in response to declining production volume at its plant in Busan and sluggish sales. The management met union representatives last week to notify the union of its plan to reduce producti

Brent Deep, vehicle performance manager at GM North American Headquarters, presents Chevrolet’s Colorado at Welli Hilli Park in Gangwon Province on Monday. GM Korea launched the US-made Chevrolet Colorado pickup truck in hopes for it to perk up lackluster sales. The Colorado pickup comes with a 3.6-liter six-cylinder gasoline engine with up to 312 horsepower and an eight-speed automatic transmission. The pickup truck segment now accounts for 2 percent of the country’s automobile mark

Hyundai Motor has opened a multimedia showroom in Shanghai to promote its hydrogen technology for the next two weeks, the company said Monday.Named Hyundai Hydrogen World, the showroom will display the South Korean automaker’s technologies in fuel-cell electric vehicles powered by hydrogen and its vision for the hydrogen economy, officials said. The 406-square-meter space has five zones to demonstrate air purification function developed for its latest FCEV Nexo, and to visualize the concep

The name Korando, SsangYong Motor’s signature sport utility brand and the oldest such brand in Korea, has represented power, firmness and masculinity for the last 37 years. The all-new Korando that returned to the market early this year after an eight-year hiatus, however, flips the common image of the SUV on its head. It is stylish and sophisticated, yet affordable. The Korando gasoline model, launched six months after the 2.0-liter diesel version, showed no major flaws throughout the med

Kia Motors said Sunday its subcompact crossover Soul EV has been picked as the most competitive compact-size electric vehicle by German automotive magazine Auto Zeitung, beating rivals including BMW’s i3s and Nissan’s Leaf e+.  Soul EV received the highest marks in most evaluation categories including body, driving comfort, powertrain and environment/cost, except in driving dynamics, winning 2,989 out of 5,000 points. BMW’s i3s and Nissan’s Leaf e+ received 2,894 poi