AJP Asia Intelligence Agency
Hyundais fully-revamped Tucson tops 15,000 orders on first day of sales Hyundai's fully-revamped Tucson tops 15,000 orders on first day of sales

Hyundai Motor's completely revamped Tucson got off to a good start with over 15,000 contracts on the first day of release, the automaker said on Thursday. The sport utility vehicle (SUV), which has undergone a full revamp for the first time in about six years, received 15,045 orders on its first day on sale, surpassing the previous version's first-day record of 10,842 orders when it went on sale in September 2020. Hyundai attributed the strong in

TMAP users visit app 30 times a month TMAP users visit app 30 times a month

Users of navigation app TMAP accessed the service 30 times a month on average from January to September, its operator TMAP Mobility said on Wednesday. The popular app has more than 15 million users per month on average, with total monthly visits reaching approximately 446 million, up more than 10 percent from 403 million a year earlier. The app's additional features including its recommendation services for popular destinations and a walking-based re

Electric vehicles buck trend amid overall slump in car sales Electric vehicles buck trend amid overall slump in car sales

Automakers sold fewer vehicles both overseas and at home last month, although eco-friendly cars continued to gain ground, accounting for nearly half of the country's total auto exports, according to a report released by the Ministry of Trade, Industry and Energy on Monday. Automotive exports in September fell 5.5 percent from a year earlier to US$6.05 billion, as growth in North America and the European Union was offset by sharp drops in exports to Asia

Hyundai to recall over 94,000 vehicles in US due to fire risk Hyundai to recall over 94,000 vehicles in US due to fire risk

Automaker Hyundai Motor is recalling some 94,622 vehicles in the U.S. over a potential fire risk, according to documents filed with the U.S. National Highway Traffic Safety Administration (NHTSA). The recall covers 54,644 Hyundai Genesis sedans manufactured in 2015 and 2016 and 39,978 Genesis G80 sedans produced between 2017 and 2020. The front seats may overheat if an adjustment switch gets stuck, potentially causing a fire while the vehicle is being dr

Hyundai Motor to invest $15.5 billion in India through 2032 Hyundai Motor to invest $15.5 billion in India through 2032

Hyundai Motor group will invest $15.5 billion in India through 2032 to expand production, research and supply chains, the South Korean automaking conglomerate said Tuesday. The seven year plan includes $700 million for R&D facilities and a new investment company that will coordinate spending on future technologies, local suppliers and new businesses. Executive Chair Euisun Chung outlined the plan during a meeting with Indian Prime Minister Naren

Hyundai, Kia set U.S. sales record Hyundai, Kia set U.S. sales record

Hyundai Motor and Kia posted record U.S. sales in the third quarter as hybrid deliveries jumped more than 50 percent. Hyundai, Genesis and Kia sold a combined 506,200 vehicles from July through September, up 5.4 percent from a year earlier. Hyundai and Genesis together sold 269,541 vehicles, while Kia delivered 236,659. Hybrid models were the main growth engine. Combined hybrid sales rose 53.4 percent to a record 138,112 units, while electric vehicle

Hyundais electric buses to hit roads in Morocco Hyundai's electric buses to hit roads in Morocco

Hyundai Motor will supply about a dozen electric buses to Morocco, the automaker said on Tuesday. It is part of a project with the Korea International Cooperation Agency (KOICA) under an official development assistance (ODA) program with Marrakech, the former imperial capital of Morocco. Under the project, Hyundai will provide 15 of its Elec City electric buses, fast chargers, and related equipment, while offering local training and technical support f

Hyundai to supply 480 hydrogen buses for public transportation by 2032 Hyundai to supply 480 hydrogen buses for public transportation by 2032

Hyundai Motor will supply 480 hydrogen buses by 2032 for public transportation in cooperation with South Korea's largest bus operator Seonjin Group and other partners, the automaker said on Wednesday. Hyundai said it signed a multilateral memorandum of understanding (MOU) with Seonjin and other relevant institutions including the Korea Automobile Environmental Association and the Korea Natural Gas Hydrogen Charging Association to expand the use of h

Genesis puts its flagship full-size SUV on display ahead of launch Genesis puts its flagship full-size SUV on display ahead of launch

Hyundai Motor's luxury brand Genesis is showcasing its full-size electric sport utility vehicle (SUV), the GV90, giving South Korean customers a closer look at the vehicle ahead of its launch, the automaker said on Friday. During a two-week-long showcase running from Friday through Sept. 27 at its dealership in Suji, Gyeonggi Province, customers will be able to see the vehicle up close after the flagship SUV was first unveiled globally in San Franci

Kia to unveil PBV at Germanys IAA Kia to unveil PBV at Germany's IAA

Kia will unveil its large electric purpose-built vehicle (PBV) at this year's IAA Transportation, which kicks off in Germany next week. The automaker said Thursday that it will showcase the PV7 for the first time during the biennial trade show, which runs from Sept. 15 to 20 in Hanover, marking its second appearance since announcing plans to enter Europe's PBV market in 2024. Kia will display three variants of the PV7 at its 1,531-square-meter