Kia Motors Corp. News

Hyundai Motor Group Unveils $35 Billion Investment Plan in Self-Driving Cars

SEOUL — Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars …

Hyundai, Kia Earmark $760M To Settle Lawsuits Over Engine Fires

SEOUL — Hyundai Motor Co. and affiliate Kia Motors Corp. have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea. The move marks the South Korean …