Mexican Media Brands
Hyundai Plans Car-Share Service in South Korea
Hyundai Motor Co. and Hyundai Capital expect to debut a car-sharing service in South Korea in April that will feature mostly Ioniq electric sedans.
Share
Hyundai Motor Co. and Hyundai Capital expect to debut a car-sharing service in South Korea in April that will feature mostly Ioniq electric sedans.
The country’s car-share market—which enables customers to pick up and drop off short-term rental cars at selected locations—has multiplied from 600 million won ($525,000) in 2011 to 180 billion won ($157 million) last year, according to Hyundai.
Hyundai Motor’s role in the unnamed venture will be to market the service and supply it with EVs and eventually other models. Hyundai Capital will operate the service platform. The partners say they have not finalized the size of the venture’s fleet or where in Korea the service will be launched.
RELATED CONTENT
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
