NSP NEWS

Héctor Villarreal, President of GM Korea, visited GM's Changwon plant on the 15th to encourage employees and continue on-site management.

KGM (KG Mobility) has partnered with global trade company STX to supply the Rexton Sports to the Peruvian Army.

Hyundai Motor Group, in collaboration with LG Energy Solution, has completed the construction of the HLI Green Power battery cell joint venture plant.

In June 2024, Hyundai Motor reported a total of 351,516 vehicles sold worldwide, marking a 6.3% decrease compared to the same month last year.

Korea Automobile Manufacturers Association (KAMA) said the sales of electric cars were up 1.7% more YOY after sluggish sales in the second half of 2023, supported by the Korean government’s subsidies, and turned to a clear recovery.

Chevrolet Trailblazer and TRAX Crossover were listed as the top 5 Exported vehicles in March.

The Korea Automobile Importers & Distributors Association (KAIDA) said newly registered imported vehicles in August were 23,850, up 11.3% from 21423 in July or 7.5% from 22,116 YOY as some imported car brands secured supply.

Kia signed an agreement on “Kia-Yancheng investment expansion” at Yancheng city government building in Jiangsu Province, China, on February 7.

Hyundai Motors achieved sales performance of 352,468 car units in July, which turns out the increased figure by 1.6% from the one in July last year.

Hyundai Motors plans to enter into european market for eco-friendly vehicles by establishing Hyundai Hydrogen Mobility with Hydrogen Energy Company, H2 Energy(H2E).