STOCKHOLM (DPA) ― Volvo is planning to extend its model line-up with a V60 Plug-in-Hybrid that will be available as a limited edition late next year, according to the manufacturer. The Pure Limited Version, with a production run of 1,000 units,will be available in Europe starting at 57,000 euros ($74,300), some 5,000 euros higher than for the basic diesel version. Among the standard features ar...

Hyundai Motor Group chairman Chung Mong-koo was selected as the second-most influential figure in the world’s automotive industry by U.S.-based publication Motor Trend. Last year, Chung ranked fifth on the “power list” named by the auto magazine. Over the past few years, Hyundai Motor and its affiliate Kia Motors have achieved all of the goals Chung set, the magazine said. It also said competi...

Hyundai Motor Co.’s Eon and Verna small-size cars have been respectively named the “best cars of the year” in their segments in India, industry sources said Wednesday. The Eon, Hyundai’s hatchback city car, has been named the micro-mini car of the year by the Overdrive automotive review program aired on CNBC-TV18, according to the sources. The model made by South Korea’s largest carmaker featur...

Kia Motors Corp. captured its highest share of the Chinese market in six years in November, gaining momentum in the world’s most populous market, company officials said Friday, Kia posted a China market share of 4.1 percent last month, the largest since October 2005 when it reached 4.7 percent. Kia achieved record China sales of 45,768 units last month with the newly launched mid-sized sedan K2...

The ratio of young customers to total buyers of import cars has surged by about 10 percentage in five years. According to the Korea Automobile Importers and Distributors Association, the number of buyers of foreign-made cars in their 20s and 30s accounted for 22.7 percent of customers in 2011, compared to 12 percent in 2006. The proportion young customers in the import automobile market, which ...