Hyundai Motor Co., South Korea's biggest carmaker by sales, on Friday showcased an upgraded version of the Santa Fe sport utility vehicle in China as it is struggling to increase its sales in the world's largest automobile market. This photo shows Hyundai Motors Co.`s fourth-generation Santa Fe sport utility vehicle (SUV) introduced in China. (Yonhap)The fourth-generation Santa Fe SUV unveiled at the 16th China Guangzhou International Automobile Exhibition is tailored to satisfy the needs of Chi

Hyundai Motor will invest in a US drone maker to conduct a joint study on future mobility in the use of high-functioning drones, the company said, without disclosing the size of the investment. The South Korean giant has agreed to partner with Top Flight Technologies, a startup that specializes in developing unmanned aerial vehicles. The US company established in 2014 is a leading manufacturer of hybrid propulsion engines that secure long flight time and a leader in autonomous flying technology.

Some say US hedge fund’s move intended to boost share prices, others call it ‘reasonable’ request

Nissan’s best-selling electric vehicle, the Leaf, has made a comeback in South Korea this month, with improved battery capacity and a sleeker look. The All-New Leaf, unveiled at the Daegu International Future Car Expo, is the second-generation model of the pure electric vehicle that debuted in December 2010.  All-New Leaf (Nissan Korea)As the best-selling EV brand in the world, this car has played a crucial role in dispelling concerns over electric vehicles and a lack of energy-supply infrastruc

Amid labor opposition, carmaker, Gwangju likely to hold final negotiation by Thursday

New Hyundai and Kia vehicles set to be released in Europe next year will feature high-tech connected car services enabled by the region’s biggest mobile carrier Vodafone, said South Korea’s No. 1 automobile group on Tuesday. Hyundai Motor, Kia Motors and Vodafone have set the goal of improving driving experiences for European customers by connecting vehicles using the internet of things technology, under a memorandum of understanding signed Monday.  From left: Nick Tunnel, executive director at

Lawmakers lambaste all sides in conflict over automaker’s R&D spinoff plan

With South Korea’s amended Automobile Management Act, known as the Korean lemon law, set to go into effect in January, the Ministry of Land, Infrastructure and Transportation introduced detailed guidelines for refund and exchange of defective cars Monday.　Vehicles that undergo more than “two major repairs” due to defects found in essential parts such as the motor, driveline or brakes within a year from delivery with less than 20,000 kilometers driven are subject to refund or exchange under the n

Amid Hyundai Motor’s efforts to capitalize on its fuel cell electric vehicles, its Executive Vice Chairman Chung Eui-sun zoomed in on hydrogen energy as a key economic and social solution for clean mobility at a forum in Singapore last week, the company said Sunday.As the global automotive industry and governments search for clean mobility, Hyundai Motor has been trying to promote hydrogen cars as the ultimate eco-friendly transportation.After attending the forum, Chung flew to China, where he a

High-end auto brand Genesis unveiled a teaser image of its flagship sedan G90, boasting a new look, with plans to begin sales here later this month and overseas next year, the company said Wednesday.Through the face-lifted G90, Genesis is hoping to accentuate the brand’s luxury identity and step up global sales, for which it will launch the sedan in North America next year followed by other regions.The G90, first released in 2015, completes the Genesis sedan lineup consisting of the G70 and G80,

Hyundai Motor, South Korea’s No. 1 automotive firm by sales, kicked off a media art project prepared simultaneously in Seoul, China and Russia dubbed “Future Humanity -- Our Shared Planet,” which aims to contemplate the future of humanity and mobility, the company said Thursday.The exhibition, which was made jointly with media art group Ars Electronica, began in Beijing and will open in Seoul later this week followed by Moscow later this month.Hyundai Motor Chief Vice Chairman Chung Eui-sun (fir

Hyundai, Kia’s $250m investment in Grab signals market expansion to SE Asia

As growing numbers of drivers choose foreign cars over local brands, more foreign car brands are expected to sell over 10,000 units here this year, industry data showed Tuesday.The 10,000-unit mark is a standard that measures whether foreign carmakers have made a safe landing here.According to the Korea Automobile Importers and Distributors Association, six foreign carmakers -- Mercedes-Benz, BMW, Toyota, Volkswagen, Land Rover and Audi -- have each sold more than 10,000 units so far this year.

Firm vows to reach W100tr in revenue by 2030

The Mercedes-Benz CSR committee set a record over the weekend, with 3,452 people gathering to make kimchi as part of its Mercedes-Benz Promise KimJang Project, the company said Monday. The event gained the Guinness World Records title for the most people making kimchi simultaneously.　Participants, who included employees of Mercedes-Benz Korea, dealers and affiliated companies, made 90 tons of kimchi and put it in 9,000 boxes, which were delivered to 25 food banks and 13 social welfare organizati