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BUSINESS

  • Geely’s New Hybrid SUV Galaxy L7 EM-i: A Stylish, High-Tech Vehicle with Impressive Mileage Geely's Galaxy L7 EM-i hybrid SUV offers competitive pricing, impressive range, and modern design, set to disrupt the market.
  • Volvo Trucks' Market Surge: Strong Sales in Europe, Brazil, and North America Volvo Trucks leads the European heavy-duty truck market with a 17.9% share in 2024, excelling globally with strong sales in multiple regions.
  • Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to Success Nikola filed for Chapter 11 bankruptcy after struggling with low revenue and high debt, leading to a stock plummet.
  • Tesla’s Model Y Juniper: New Design, Enhanced Battery, and a 3% Range Boost Tesla's Model Y Juniper features improved range, battery efficiency, and a redesigned look, aiming to boost sales in South Korea.
  • Bentley Motors Opens Excellence Centre to Lead Development of Electric SUV Bentley Motors opens its first Excellence Centre in Crewe, UK, to develop a fully electric SUV set for 2026 release.
  • Toyota's Hydrogen Future: New Fuel Cell System Promises Longer Range and Improved Durability Toyota advances hydrogen fuel cell technology with a new system offering improved efficiency, durability, and extended driving range.
  • Genesis G80’s Super Bowl Ad Named One of the Decade’s Most Memorable Hyundai's Genesis G80 ad "First Date" ranks fourth in memorable Super Bowl ads, showcasing humor and innovation in automotive advertising.
  • Polestar 4 Takes Home ‘Design of the Year’ at Korea’s 2025 Car Awards The Polestar 4 won Design of the Year at the 2025 Korea Car of the Year awards, praised for its innovative and sustainable design.
  • How Volvo’s EX30 Electric SUV Is Revolutionizing EV Accessibility Volvo launches the EX30 electric SUV in South Korea, featuring government subsidies, premium performance, and advanced safety features.
  • KG Mobility Unveils MUSSO EV: Korea's First Electric Pickup Truck KGM launches Korea's first electric pickup, MUSSO EV, priced at $36,000, offering efficiency, utility, and significant cost savings.
  • Hyundai Weighs Russian Factory Buyback Amid Market Recovery Hyundai may repurchase its Russian factory by year-end if market conditions improve, but economic and geopolitical challenges persist.
  • Audi Adapts Flexible EV Strategy Amid Growing Competition in Luxury Market Audi shifts focus to luxury by phasing out entry-level models and raising prices, aiming to redefine its brand in a competitive market.
  • Toyota Pulls 106,000 Tacoma Pickup Trucks Over Brake Issue Toyota recalls 106,061 Tacoma trucks due to rear brake defects linked to wheel spacing issues, risking dirt accumulation in brake drums.
  • Kia's Electric PV5 Spotted on U.S. Roads Ahead of Global Debut Kia's PV5 electric van is testing in the U.S. ahead of its global debut, focusing on last-mile delivery and specialized vehicle markets.
  • Is Hyundai's Palisade XRT Coming to America? Spy Shots Spark Excitement The Palisade XRT, aimed at the North American market, has been spotted in Korea, raising questions about its potential release.
  • BYD Dominates Global EV Market with 43.4% Growth, Outpacing Tesla and Hyundai BYD leads global EV sales with diverse lineup, while Tesla and Hyundai face declines, focusing on expanding their EV offerings.
  • Hyundai Santa Fe and Ioniq 5 N Win Big at 2025 Canadian Car of the Year Awards Hyundai Motor secures dual wins at the 2025 Canadian Car of the Year awards, with Santa Fe and Ioniq 5 N recognized for excellence.
  • Kia EV9 GT and Long-Range Models Now Available for Order Kia launches the high-performance EV9 GT and Standard models, featuring impressive specs and competitive pricing for electric vehicles.
  • Hyundai Launches 2025 The New Mighty with Enhanced Features for Commercial Drivers Hyundai unveils the 2025 New Mighty truck, enhancing comfort and practicality with new features, and begins its sales campaign.
  • Hyundai's Patent for Integrated Battery Case Offers Space-Saving, Weight-Reducing Solution Hyundai Motor Group seeks a US patent for a battery case that integrates with the vehicle chassis, enhancing efficiency and space.
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