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KIA CORP ANNOUNCEMENT
South Korea's Kia cuts 2030 EV target over 20%, plans humanoid robots at US factoryThe automaker also trimmed its total vehicle sales goal, targeting 4.13 million vehicles by 2030, down from an earlier target of 4.19 mill...- Battery stocks’ rally may extend after $2 billion surgeExide and Amara Raja added a combined market value of about $2 billion in April as investors boosted their bets in the nascent clean car ma...
- Hyundai Motor Group to invest $18 billion in South Korean EV industry by 2030The auto group, which houses luxury brand Genesis, besides Hyundai and Kia, also announced that it plans to expand annual EV production in ...
- New U.S. rules on EV subsidies slam Hyundai, Kia's dreamsThe Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp fro...
- Kia to recall 105,000 Rio cars in RussiaThe recall affects Kia Rio models assembled between 2013 and 2018 at the Hyundai Motor Group factory in the Russian city of St Petersburg, ...
- Hyundai Motor unveils 1st electric sedan, Ioniq 6, taking on Tesla's Model 3Ioniq 6 will expand its EV range beyond its current crossovers and SUVs to compete head-to-head against Model 3.
- Hyundai Motor launches first electric sedan, taking on TeslaThe Ioniq 6 is one of more than 31 electric models that Hyundai Motor Group - including Hyundai Motor, its sister company Kia Corp and prem...
- Hyundai Motor delays launch of upgraded Nexo hydrogen car: ReportThe South Korean automaker had planned to kick off mass production and sales of its new Nexo in the second half of next year, but has decid...
- Tesla EV sales boom in Singapore, pushing rivals' models off the streetsThe buying frenzy in one of the world's most expensive places to own a vehicle - Tesla's most basic Model 3 costs nearly S$200,000 ($148,30...
- Plant closures over coronavirus to lead to a loss of over Rs 2,300 cr per day: SIAMAuto industry body SIAM on Tuesday said the closure of manufacturing plants by various automakers and component manufacturers due to corona...
- Hyundai, Kia to invest in Ola Electric MobilityThe deal also comes after Ola Electric Mobility saw its valuation jump to $960 million in July from $250 million in February when it raised...
- Kia plans national network to launch at full throttleKia will start by rolling out the SP2i concept SUV in July, which will compete with Renault’s Duster, Maruti Suzuki’s S-Cross and Hyundai’s...
- Hyundai scion emerges from father's shadow, says to complete ownership revampThe target compared with an estimated 7.3 million to 7.4 million vehicle sales last year, the auto conglomerate said, citing analysts' esti...
- Kia Motors plans India push with small cars after China, US sales dipAbout a dozen companies already make small hatchbacks in India where profit margins are relatively low, a key factor that led General Motor...
- Kia Motors expected to pick site for first India plant next monthThe move would enable Kia to leverage the existing supplier base of its affiliate Hyundai Motor Co, India's second-biggest automaker by sal...
- Hyundai Motor says will take "global action" after U.S. recallThe move may increase the number of vehicles to be recalled by the world's fifth-biggest automaker, which already announced recalls of 160,...
- Kia Motors quarterly profit swells to $339 mlnKia Motors said net profit swelled to 402 billion won ($339 million) in the third quarter.
- Hyundai Motor's quarterly profit falls, sales riseHyundai Motor's fourth quarter profit fell sharply as the South Korean automaker absorbed increased branding expenditure while sales fell i...
- Hyundai aims high in US, China after missing 07 sales targetsHyundai Motor expects to increase sales in the US and China in '08 with new models after missing targets last year.
- Hyundai Motor Q3 profit falls 47%Hyundai Motor Co on Monday blamed a strong won and production losses from a strike for a 47 per cent drop in net profit in the third quarte...
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