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Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
Quoris/K900), Grand Carnival(Carnival/Sedona), EV9.EV3 (2024-planned), EV4 (2025-planned), EV7 (2025-planned).Production of Stinger, Stonic and Pride (Rio) ended in 2023. The second plant will be converted into an EV dedicated plant that will start operations from 2024. Seosan 280 255 Kia Morning(Picanto), Ray, Niro EV, Stonic MHV.The Seosan Plant is a joint venture plant established with Donghee Industrial Co., Ltd. GM Korea Company Bupyeong...
Market & Tech Reports Updated at: 2024/07/25
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
Gwangmyeong 313 276 Kia Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona), EV9Production of the Stinger ended in March 2023.The production line will be renovated for EV production and two EV models will be produced from 2024. Former Sohari Plant. Seosan 280 195 Kia Morning (Picanto), RayThe Seosan Plant is a joint venture plant established with Donghee Industrial Co., Ltd. GM Korea Bupyeong 500 259 Chevrolet Trailblazer...
Market & Tech Reports Updated at: 2023/07/05
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
563 487 Kia K3 (Forte, Cerato), K5 (Optima), K8, Niro, Sorento, Mohave (Borrego), EV6 Gwangju 600 442 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks, and buses Sohari 320 214 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona) Seosan 280 164 Kia Morning (Picanto), RayThe Seosan Plant is a joint venture established with Donghee Industrial Co., Ltd. GM Korea Bupyeong 440 260 Chevrolet Malibu, Trax, Epi...
Market & Tech Reports Updated at: 2022/03/01
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
d trucks Kia Motors Hwasung 563 487 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Niro, Sorento, Mohave (Borrego) Gwangju 600 456 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks and buses Sohari 320 285 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900) Seosan 280 222 Kia Morning (Picanto), RayThe Seosan Plant is a joint venture established with Donghee. GM Korea Bupyeong 440 261 Chevrolet Malibu, Trax, Epica, Trailblazer/Buic...
Market & Tech Reports Updated at: 2020/11/12
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
asung 563 464 Kia K3 (Forte, Cerato), K5(Optima), K7 (Cadenza), Niro, Sorento, Mohave (Borrego) Gwangju 490 439 Kia Sportage, AM, Soul, Soul EV (e-Soul),Seltos (2019-), trucks and buses Sohari 320 292 Kia Stinger, Stonic, Pride (Rio),Carnival, Ray, K9 (Quoris/K900) Seosan 230 258 Kia Morning (Picanto). TheSeosan plant is a joint venture established with Donghee. GM Korea Bupyeong 440→515 (2019) 296 Chevrolet Aveo (Sonic, Gentra),Malibu,...
Market & Tech Reports Updated at: 2019/08/16
Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles
d trucks Kia Motors Hwasung 555 510 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Niro, Sorento Gwangju 490 499 Kia Sportage, Carens (Rondo), AM, Soul, Soul EV, trucks and buses Sohari 330 318 Kia Stinger, Stonic, Pride (Rio), Carnival, Ray, K9 (Quoris/K900) Seosan 250 230 Kia Morning (Picanto), Ray (The Seosan Plant is a joint venture established with Donghee.) GM Korea Bupyeong 440 342 Chevrolet Aveo (Sonic, Gentra), Malibu, Capt...
Market & Tech Reports Updated at: 2018/05/21
Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota
tronic devices can be connected to the vehicle to display information on topography, nearby vehicles, weather, and more. At its first Auto Expo in India, Kia Motors India unveiled the striking new SP Concept, which made its world premier, alongside sixteen global models. Kia Motors exhibited the Picanto, Rio, Stonic, Cerato, Cee’d, Soul EV, Cadenza, Stinger, Mohave, Sorento, Sportage, Grand Carnival, Niro plug-in hybrid, and Optima hybrid at...
Market & Tech Reports Updated at: 2018/02/16
IAA 2017: Asian brands display lineup variety
IAA 2017: Asian brands display lineup variety Notable models include electric vehicles, SUVs, crossovers, and performance vehicles Summary Toyota represents core qualities in Toyota Land Cruiser, C-HR concept, and Lexus NX Hyundai shows versatile lineup with Kona, i30 N, and i30 Fastback Kia unveils range of models with Proceed Concept, Stonic, and Picanto X-Line Honda announces electric strategy with Urban EV Concept and CR-V Hybrid Prototype Ch...
Market & Tech Reports Updated at: 2017/10/30
Malaysia: New vehicle sales to increase 2.2% to 670,000 units in 2014
d. With a monthly sales target of 200 units, it is priced at MYR 73,888. Cerato Jul. 2013 This is a C-segment sedan which replaces the former Forte and Kia's second best-selling model after the Rio. With a monthly sales target of 600 units, its price ranges from MYR 99,888 to MYR 118,888. New Picanto Oct. 2013 The new Picanto is a five-door hatchback, known as the Morning in Korea. The model used to be sold as a Naza car, but its sales we...
Market & Tech Reports Updated at: 2014/02/25
Korea expects vehicle production of 4.7 M and sales of 1.4 M in 2013
Tata Daewoo Gunsan 20 Trucks Annual capacity totals 4.999 million, with 3.3 million held by Hyundai Motor Group (3.42 million in 2013) Source: KAMA Annual Report 2012 "Korean Automobile Industry", each OEM's website and others (Note) 1. Kia contracts out the production of the Kia Morning (Picanto) to a car assembler in Seosan City, which is not included in the above table. 2. GM Korea suggested at the end of 2012 that it would not bui...
Market & Tech Reports Updated at: 2013/04/17
Korea: Hyundai/Kia expands overseas production capacity to 4.14 million in 2012
Daewoo Gunsan 20 Trucks The total capacity stands at 5.181 million a year, with 3.475 million taken up by Hyundai Motor Group. (3.49 million in 2015) Source: KAMA Annual Report 2011 "Korean Automobile Industry", each OEM's website and others (Note) Kia consigns production of the Kia Morning (Picanto) to a car assembler in Seosan City, which is not included in the above table. Hyundai Motor Group's overseas production capacity Annual pro...
Market & Tech Reports Updated at: 2011/09/27
Features on new Hyundai/Kia vehicles: fuel-thrifty engines and start/stop systems
direct-injection turbocharged engines; increasing availability of start/stop systems D segment: Advanced driving assist systems on Hyundai Grandeur, a mid-sized high-end sedan C segment: Hyundai's new model, Veloster, making a U.S. debut with telematics features A, B segment: Hyundai Accent and Kia Picanto with VSM, a driving stability system Hyundai-Kia Group (Hyundai Motor Company and Kia Motors Corporation) released eleven new models (newly ...
Market & Tech Reports Updated at: 2011/06/09
Hyundai-Kia emerges as Top 5 OEM with 2010 sales of 5.7 M units; aims for 6.3 M units for 2011
Hyundai plans to launch the fifth generation of the large sedan Grandeur in 2011. Kia will launch the Optima/K5 hybrid in Korea and the US in the second quarter of 2011, which is a sister vehicle of the Sonata. Kia compact cars will be launched one after another. Kia will introduce the A-segment Picanto/Morning and the B-segment Rio/Pride in countries within 2011. Hyundai's new models Model name Year of launch Outline NewAvante/Elantra ...
Market & Tech Reports Updated at: 2011/02/15