Wednesday, April 16, 2025

Hyundai Mobis to Establish Battery Plant in Ohio, Receiving $32 Million as Subsidies

The recipients include Hyundai Mobis, General Motors, Harley-Davidson, Volvo, Fiat Chrysler, and ZF. Hyundai Mobis will receive...

NVIDIA Shares Drop Nearly 3% Amid Growing Tariff Concerns

Tariffs on semiconductors could hit NVIDIA hard, causing stocks to drop nearly 3% as concerns grow over trade impacts.

What China and FAO’s High-Stakes Meeting Means for World Food Aid

Wang emphasized that China places great importance on cooperation with the FAO and fully supports its activities.

Cars

GLE 350 4MATIC Rolls In With Mild Hybrid Tech and 258 HP

Mercedes-Benz launches GLE 350 4MATIC, an entry-level SUV trim featuring a 258 hp engine and luxury amenities, priced from $81,631.

Genesis Unlocks Bloomberg and Premium Audio—No Login, No Cost

Genesis offers free access to Genesis Music and Bloomberg App via OTA update, enhancing in-car experience with immersive audio and news streaming.

Battery Fires, Brake Leaks, Software Flaws Trigger Recall Across Five Brands

Volvo Cars Korea and others recall 117,925 vehicles due to manufacturing defects, including faulty software and fire risks.

Nexen Tire to Launch Dedicated Winter Testing at UTAC Site

Nexen Tire will establish a winter tire testing facility in Ivalo, Finland, enhancing testing capabilities and competitiveness in Europe.

Renault’s Grand Koleos Noir Gets Artsy Debut

Renault Korea launches the Think Noir program at Renault Seongsu to celebrate the Grand Koleos Esprit Alpine Noir with various activities.
Latest

BMW Drops Five Limited Models—Only 65 Units Available Online

BMW Korea unveils five limited-edition models, including the i7 xDrive60 and 750e xDrive, showcasing unique designs and performance.

Hankook Tire Beats Michelin, Goodyear in Germany’s Top Tire Test

Hankook Tire's iON evo and Ventus evo receive top honors in tire tests by Auto Bild, excelling in performance and safety ratings.

Lotus Promises a New EV If Yours Catches Fire

Lotus Korea launches a unique EV replacement program, offering immediate replacements for fire-damaged vehicles, enhancing customer trust.

Hyundai and Kia Just Unveiled 41 Cars—And a Whole Lot of Electric Power

Hyundai and Kia to showcase 41 vehicles, including eco-friendly models and concept cars, at the 2025 Seoul Mobility Show.

BMW Iconic Lounge: The Ultimate Showcase of Its Finest

Kolon Motors is hosting the BMW Iconic Lounge in Seoul, showcasing popular models and offering gifts for on-site purchases until April 13.

Kia’s First-Quarter Sales Hit Record High, Thanks to SUV and EV Push

Kia's Q1 sales hit a record 772,351 units, driven by strong SUV demand, despite a dip in South Korea.

Volvo’s Moss Yellow EX30 Is a Limited-Edition Electric Stunner—Only 30 Exist

Volvo Cars Korea will sell 30 units of the limited EX30 Moss Yellow Edition online starting April 17, featuring sustainable materials.

New Grand Koleos Drives Renault Korea to Its Best March in Years

Renault Korea's Grand Koleos SUV debuted at the Busan Mobility Show, boosting March sales by 15.7% driven by domestic demand.

Hyundai’s INSTEROID: A Playful Twist on Futuristic Design and Innovation

Hyundai unveils the INSTEROID, an innovative concept car aimed at enhancing the INSTER's design for global markets with immersive experiences.

Hyundai’s All-New 2025 Venue: Improved Safety, New Trim Option

Hyundai launches the updated 2025 Venue SUV with new trims and enhanced safety features, starting at $13,100.

Kia Tasman Pickup to Feature Hankook Dynapro AT2 Extreme, the Ultimate All-Terrain Tire

Hankook Tire will supply its Dynapro AT2 Extreme for Kia's Tasman pickup, enhancing performance with advanced all-terrain features.

KG Mobility Reports 11.4% Global Sales Drop in March, Despite Export Growth

KG Mobility's global sales fell 11.4% in March, despite a 4.6% rise in exports, due to a 31.8% drop in South Korean sales.

Over 1 Million Sold—Now Cadillac’s Escalade Gets a Major Makeover

Cadillac unveils THE NEW ESCALADE in South Korea, featuring advanced updates and a redesign, celebrating over 1 million global sales.

BYD Showcases EV Innovation and Eight Flagship Models at Seoul Mobility Show

BYD Korea will showcase eight flagship models at the 2025 Seoul Mobility Show, featuring advanced technologies and innovative designs.

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