Sales of Hyundai Motor Co.'s Tucson compact SUV are expected to surpass 4 million units later this month, 11 years after it first hit the road, industry data showed Sunday.  According to the data, the South Korean auto company had sold slightly over a cumulative 3.95 million units of the Tucson as of the end of February.  With average monthly sales of 45,000 units, the number will likely pierce the landmark 4 million plateau within March to become the first South Korean SUV to acclaim the honor.

South Korea's top automaker Hyundai Motor Co. and its sister affiliate Kia Motors Corp. raised sales of localized car models in overseas markets such as Brazil by more than 25 percent in the first two months of the year from a year ago, industry data showed Friday.The number of localized models that the car-making duo has sold in Brazil, Russia, India and China stood at a combined 188,674 units during the first two months of the year, up 25 percent from a year earlier, according to the data. The

Hyundai Motor Co. said Tuesday that more than 4,000 orders have been made for the latest edition of the Tucson SUV since South Korea's leading carmaker began receiving preorders last week. A total of 4,200 units of the all-new Tucson were sold via early orders as of Monday, just four business days after Hyundai opened preorders for the new model, according to the carmaker.The number is more than twice the sales figure for its previous version last month, which stood at 1,751 units, the company s

The second International Electric Vehicle Expo (IEVE) kicked off Friday on Jeju Island for a 10-day run, attracting automakers and experts from around the world."We will see to it that this year will mark the start of the commercialization of electric cars on Jeju Island ... and by the end of the year, we will up the number of such vehicles here to nearly 3,000 units from the current 852," said Kim Dae-hwan, head of the IEVE organizing committee. Citing that the IEVE is "a unique event that only

Renault Samsung Motor Co., the local unit of French automaker Renault S.A., said Friday it plans to sell 1,000 units of its electric vehicles (EVs) in South Korea this year in a bid to become an industry leader in the country's battery-powered car market. "The company's annual sales goal for the year of 1,000 units is about one-third of the amount that the government is looking to have people purchase this year," Park Dong-hoon, sales chief and vice president of Renault Samsung, said ahead of th

Hyundai Motor Co.'s Accent topped the subcompact car market in China in terms of sales last month, reflecting its growing appeal among local customers keen on quality and affordability, industry data showed Friday.  Hyundai Motor sold a total of 26,515 units of the Accent last month in China in January, the largest monthly sales in the subcompact segment, according to the data. The Accent known as the Verna in China was trailed by Shanghai Volkswagen's Polo which sold 21,014 units last month.   

Fuel efficiency is one of major factors for people to consider when buying hybrid vehicles, but there are many other elements that could keep customers interested in such environmentally friendly cars that generate less emission and less driving noise, the head of the South Korean unit of Toyota Motor Corp. said Thursday.  Japanese automaker Toyota Motor is known for its high-profile hybrid models such as the Camry and the Prius. Historically low crude oil prices have been cited as a major downs