Hyundai Motor Company officially unveiled its super luxury sedan (code-named 'VI') in Korea market on Jan. 4, Information Daily reported today. The VI limousine will likely come to the China market in late 2009.

South Korea's leading car makers Hyundai Motor Co. and Kia Motors Corp announced they saw significant sales growth in China for the past year, though the global auto market were falling into the financial crisis in 2008, according to Yonhap South Korean news agency.

Hyundai Motor has suggested the Chinese government to introduce substantial tax concessions to encourage purchases of low-emission vehicles such as hybrids, reports South China Morning Post.

The all-new Sonata model "Ling Xiang" made by Beijing Hyundai was unveiled at the ongoing Guangzhou auto show yesterday, said xinhuanet.com today. The China-made Sonata is expected to go on sale in the Chinese market at the end of this year or the beginning of 2009.

Dongfeng Yueda Kia Automobile Company recently confirmed that Park Chong Ok, taking place of the retired Koh Ok Suk, will assume Korean general manager of the joint venture, said West China City Daily today.

The Hyundai Genesis goes on sale in China today as Hyundai Rohens, with prices ranging from 398,000 yuan ($58,267) to 520,000 yuan, Beijing Hyundai announced this morning.

Korean car major Hyundai Motor Co has said it will invest one billion dollars in India by 2013, strengthening its bid to make the country a global small car manufacturing hub.

A new compact car was introduced by Hyundai Motor Co. in India to boost sales in one of the fastest growing automobile markets.

The newest car, the i30 hatchback, aimed primarily at European markets, was launched Thursday by South Korea's biggest automaker Hyundai Motor Co.