Hyundai Mobis Co., South Korea's leading auto parts maker, said Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles. Hyundai Mobis and Luxoft are "at the final stage" of developing the IVI platform for future vehicles and will introduce it
Concerns over a slowdown in the economy are having a full-fledged impact on car sales. In this situation, sales of Korean electric vehicles in the U.S. fell sharply in the wake of the "Inflation Reduction Act." According to Hyundai Motor's Kia U.S. sales agency on the 3rd (local
Hyundai Motor Co., South Korea's biggest carmaker, said Tuesday its sales rose 24 percent in September from a year earlier amid an extended chip shortage. Hyundai sold a total of 355,040 vehicles in September, up from 285,438 units a year earlier on steady sales of high-end models, the
Hyundai Motor is building a new electric vehicle plant in Korea. It is the first time since the construction of the Asan plant in 1996. It will also rebuild its aging Ulsan plant. It seems to be a strategy to make domestic factories a key base for future car production.