Automotive industry in South Korea

Kia Canada celebrates best March in history and a strong season of automotive award wins

Retrieved on: 
Thursday, April 8, 2021
Cars, Car classifications, Motor vehicles, Hatchbacks, Hyundai Motor Group, KIA, Sedans, Station wagons, Kia Picanto, Automotive industry in South Korea

Our sales success over the last year and heading into 2021 is the end result of world-class product that delivers on strong quality, safety and design, said Elias El-Achhab, VP and Chief Operation Officer for Kia Canada.

Key Points: 
  • Our sales success over the last year and heading into 2021 is the end result of world-class product that delivers on strong quality, safety and design, said Elias El-Achhab, VP and Chief Operation Officer for Kia Canada.
  • In addition to its record-setting sales performance, Kia took home an abundance of Canadian automotive awards for numerous vehicles in its lineup.
  • The season of award wins for the brand include:
    TOP MASS-MARKET BRAND IN J.D.
  • POWER VEHICLE DEPENDABILITY STUDY
    Kia Canada Inc., founded in 1999 and is a subsidiary of the Kia Corporation based in Seoul, South Korea.

RouteOne Adds Hyundai Capital America Finance and Insurance Products to their eContracting Platform

Retrieved on: 
Tuesday, January 26, 2021
Hyundai Motor Group, Automotive industry, Companies, South Korean culture, Hyundai Capital, Hyundai Motor America, Kia Motors, Genesis Motor, Hyundai Motor Company, Automotive industry in South Korea

FARMINGTON HILLS, Mich., Jan. 25, 2021 /PRNewswire-PRWeb/ --RouteOne announces that Hyundai Capital America is now an available eContracting finance source for Hyundai, Kia, and Genesis dealers utilizing the RouteOne platform.

Key Points: 
  • FARMINGTON HILLS, Mich., Jan. 25, 2021 /PRNewswire-PRWeb/ --RouteOne announces that Hyundai Capital America is now an available eContracting finance source for Hyundai, Kia, and Genesis dealers utilizing the RouteOne platform.
  • Through RouteOne eContracting, dealers can include finance and insurance products from Hyundai Motor Finance, Kia Motors Finance, Genesis Finance, Hyundai Protection Plan, Genesis Protection Plan, and Power Protect in a single, secure eSigning ceremony.
  • "RouteOne is pleased to bring Hyundai, Kia, and Genesis brands the ease and convenience of eContracting with Hyundai Capital America through the RouteOne portal," stated Jeff Belanger, Senior Vice President, Business Development.
  • Headquartered in Irvine, CA, Hyundai Capital America (HCA) is a top-10 U.S. auto finance company supporting the financial service needs of Hyundai Motor America, Genesis Motor America, and Kia Motors America.

Kia Motors Ranked #1 Brand in Industry in J.D. Power U.S. Initial Quality Study

Retrieved on: 
Monday, June 29, 2020
Cars, Motor vehicles, Hyundai Motor Group, Kia Motors, Economy of South Korea, Automotive industry in South Korea, Kia Carnival

Power Awards for Initial Quality than any other brand, two years in a row

Key Points: 
  • Power Awards for Initial Quality than any other brand, two years in a row
    TORONTO, June 29, 2020 (GLOBE NEWSWIRE) -- Kia ranked number one in the industryi today by J.D.
  • Initial Quality Study (IQS), with a reported 136 problems per 100 vehicles.
  • And for the sixth consecutive year, Kia is the number one mass-market automotive brand.
  • Kia Canada Inc. (KCI), founded in 1999 is a subsidiary of the Kia Motors Corporation (KMC) based in Seoul, South Korea.

Hyundai Motor to Establish its First Indonesian Manufacturing Plant

Retrieved on: 
Tuesday, November 26, 2019
Economy of South Korea, Cars, Chaebol, Hyundai Motor Company, Hyundai Motor Group, Chung Eui-sun, Kia Motors, Automotive industry in South Korea, Hyundai Heavy Industries

The official MOU signing ceremony was held today at the Hyundai Motor plant in Ulsan, South Korea, the world's single biggest integrated vehicle plant.

Key Points: 
  • The official MOU signing ceremony was held today at the Hyundai Motor plant in Ulsan, South Korea, the world's single biggest integrated vehicle plant.
  • "The establishment of Hyundai Motor's manufacturing plant in Indonesia has been made possible thanks to the continuous cooperation and support from the Indonesian government," said Euisun Chung, Executive Vice Chairman of the Group.
  • The Indonesian plant will represent an investment of approximately USD 1.55 billion until 2030, including product development and operation costs.
  • Hyundai, together with sister company Kia Motors Corporation, aims to make Hyundai Motor Group the world's third-biggest EV manufacturer in the world by 2025.

Saudi Arabia Passenger Car Market Analysis & Outlook, 2014-2024 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 11, 2019
General Automotive, Automotive Manufacturing, Manufacturing, Automotive, Automotive industry, Transport, Motor vehicles, Fuyo Group, Nissan, Renault–Nissan–Mitsubishi Alliance, Kia Motors, Ford Motor Company, Hyundai Motor Company, Isuzu Motors, Nexus Automotive, Automotive industry in South Korea

The Saudi Arabian passenger car market can be segmented based on vehicle type, fuel type, transmission type and region.

Key Points: 
  • The Saudi Arabian passenger car market can be segmented based on vehicle type, fuel type, transmission type and region.
  • Sedan cars dominated the Saudi Arabian passenger car market in 2018, with the market share of over 55%, and the segment is expected to continue its dominance during the forecast period as well.
  • List of major players operating in the Saudi Arabian passenger car market include Toyota Motors Corporation, Hyundai Motor Company, Mazda Saudi Arabia, Nissan Motor Co. Ltd, General Motors Co., Ford Middle East, Kia Motors Corp, Isuzu Motors Saudi Arabia Co. Ltd., Volkswagen AG, Renault Middle East, etc.
  • With rising focus of these leading players on sales and marketing activities, the passenger car industry in Saudi Arabia is anticipated to witness intensifying competition over the next five years.

Hyundai Motor America and Kia Motors America Resolve Engine Litigation

Retrieved on: 
Friday, October 11, 2019
Cars, Car classifications, Motor vehicles, Sedans, Hyundai Motor Company, Kia Motors, Hyundai Motor America, Flagship vehicles, Full-size vehicles, Luxury vehicles, Hyundai Theta engine, Automotive industry in South Korea

ORANGE COUNTY, Calif., Oct. 11, 2019 /PRNewswire/ --Hyundai Motor America and Kia Motors America have entered into an agreement to resolve class action litigation with owners of certain vehicles equipped with Theta II gasoline direct injection (GDI) engines.

Key Points: 
  • ORANGE COUNTY, Calif., Oct. 11, 2019 /PRNewswire/ --Hyundai Motor America and Kia Motors America have entered into an agreement to resolve class action litigation with owners of certain vehicles equipped with Theta II gasoline direct injection (GDI) engines.
  • These class action lawsuits are In re: Hyundai and Kia Engine Litigation, Case No.
  • Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.
  • Headquartered in Irvine, California, Kia Motors America has been the highest ranked mass market brand in initial quality for five consecutive years according to J.D.

Kia Motors Ranked Highest Mass Market Brand For Fifth Consecutive Year In J.D. Power U.S. Initial Quality Study

Retrieved on: 
Wednesday, June 19, 2019
Motor vehicles, Automotive industry, Transport, Hyundai Motor Group, Kia Motors, Kia Sportage, Automotive industry in South Korea, Kia Carnival

IRVINE, Calif., June 19, 2019 /PRNewswire/ -- For the fifth consecutive year, Kia was named the number one non-luxury automotive brand today by J.D.

Key Points: 
  • IRVINE, Calif., June 19, 2019 /PRNewswire/ -- For the fifth consecutive year, Kia was named the number one non-luxury automotive brand today by J.D.
  • Initial Quality Study (IQS), with a reported 70 problems per 100 vehicles, a two-point improvement over last year's results.
  • In addition, Kia had segment-topping performances from Rio (Small Car), Forte (Compact Car), Sportage (Small SUV) and Sedona (Minivan).
  • Initial Quality Study among all mass market brands once is a tremendous honor, but capturing this leadership position for five consecutive years unequivocally affirms Kia's commitment to quality and the ownership experience," said Michael Cole, chief operating officer and EVP, Kia Motors America.

Hyundai Kona Wins Best-In-Class Subcompact SUV from New England Motor Press Association

Retrieved on: 
Wednesday, June 12, 2019
Cars, Motor vehicles, Transport, Hatchbacks, Hyundai Motor Company, Hyundai Kona, Hyundai Motor America, Crossover, Sport utility vehicle, Automotive industry in South Korea, Hyundai Motor India Limited

FOUNTAIN VALLEY, Calif., June 12, 2019 /PRNewswire/ --The Hyundai Kona was awarded Best-in-Class Subcompact SUV by the New England Motor Press Association (NEMPA).

Key Points: 
  • FOUNTAIN VALLEY, Calif., June 12, 2019 /PRNewswire/ --The Hyundai Kona was awarded Best-in-Class Subcompact SUV by the New England Motor Press Association (NEMPA).
  • "Kona continues to rack up awards as a testament to its product excellence," said Mike O'Brien, vice president of Product, Corporate and Digital Planning, Hyundai Motor America.
  • In 2019, Kona has been named North American Utility of the Year, a Car and Driver 10Best Truck and SUV, Crossover of the Year by Texas Motor Press Association and Best Subcompact SUV for the Money by U.S. News & World Report.
  • Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

When You Know Your Origin, You Know Your Impact

Retrieved on: 
Thursday, April 4, 2019
Automotive industry in South Korea, Korea Automobile Importers & Distributors Association, Artisan, Kaida, Manaus, Articles, Human behavior, Business

KAIDA Dining follows an already successful line of ethically sourced artisanal artifacts and decorative objects.

Key Points: 
  • KAIDA Dining follows an already successful line of ethically sourced artisanal artifacts and decorative objects.
  • All KAIDA series promote the local Brazilian economy by supporting the indigenous artisanal communities through fair share compensation.
  • It was there that he befriended the indigenous artisans of Manaus and the idea for KAIDA was born.
  • "When you enable indigenous artisans to profit from their work, it creates an even larger scale positive impact on the community and its ecological surroundings.

Hyundai Santa Fe Ranked Most Dependable Midsize SUV By J.D. Power

Retrieved on: 
Wednesday, February 13, 2019
Cars, Transport, Economy of South Korea, Hyundai Motor Company, Hyundai Motor America, Hyundai, Hyundai Motor India Limited, Automotive industry in South Korea

FOUNTAIN VALLEY, Calif., Feb. 13, 2019 /PRNewswire/ --Hyundai's Santa Fe received the distinct honor of most dependable Midsize SUV in the J.D.

Key Points: 
  • FOUNTAIN VALLEY, Calif., Feb. 13, 2019 /PRNewswire/ --Hyundai's Santa Fe received the distinct honor of most dependable Midsize SUV in the J.D.
  • Released today, the annual Vehicle Dependability Study shows Santa Fe ranked highest in its class, beating out leading competitors in the 2016 model year.
  • "Long-term ownership satisfaction is a key part of the Hyundai Way," said Barry J. Ratzlaff, vice president of customer satisfaction, Hyundai Motor America.
  • Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.