The new model features short- and long-range drivetrain options with ranges of 180 miles and 282 miles. It is expected to go on sale throughout Europe following the Geneva show.
An internal company memo says GM Korea is seeking to freeze union members’ wages, limit future pay raises to the inflation rate, eliminate bonuses which last year amounted to roughly $10,000 per worker; and cut...
The Korean Metal Workers Union website reports General Motors has put out the carrot of a Korean-assembled new high-tech car that would sell in all world markets if the union and government support its turnaround plan...
A Hyundai spokesman tells WardsAuto the automaker has targeted 2018 global sales of 3,000 Nexo fuel-cell electric vehicles, more than 12 times the number of Tucson FCEVs sold worldwide last year.
Korean President Moon Jae-in says he had been concerned Korea might be behind other nations in developing eco-friendly vehicles, but a ride in the autonomous Nexo hydrogen-electric vehicle showed him otherwise.
No new products for its plants are forthcoming, and industry-watchers see that as a red flag indicating the parent company’s lack of confidence in GM Korea’s sustainability.
Strikes during 2017 reportedly caused Hyundai to suffer production losses of some 77,000 vehicles valued at 1.62 trillion won in revenue. But the automaker says output of the Kona subcompact CUV, a key...
Despite the agreement being reached during the day shift, workers on the afternoon shift walked off the job for an additional six hours. The tentative agreement will go to union members for a ratification vote Jan. 15.
A tentative agreement had been reached in the 25th round of negotiations Dec. 30. The company did not report production losses caused by a series of partial strikes that occurred last year.