New Sasol GTC cars set for thrills

The iconic Grand Prix Circuit will present a new challenge to the GTC drivers as they tackle the country’s fastest racetrack on June 16.

Suzuki’s new Swift hatch and sedan in SA

Suzuki kicks off its new model assault with an all new Swift hatchback and standalone sedan called the Dzire.

Hyundai invests in Southeast Asian ride-sharing Grab

2018-01-11 10:52

Image: AP

Seoul - Hyundai Motor says it is joining hands with Southeast Asian ride-hailing service Grab to break into one of the world's fastest-growing markets.

The South Korean company said on Thursday that it has partnered with the Singapore-headquartered company to explore joint use of Hyundai's Ioniq electric cars among others.

Raised over $2-billion in funding

Under the partnership with Hyundai, Grab has raised more than $2.5-billion in its latest round of fundraising, which also includes Didi Chuxing, Softbank and Toyota Tsusho.

Tech services companies and auto manufacturers are stepping up cooperation on self-driving, artificial intelligence and other new technologies that are reshaping the auto industry.

Read more on:    hyundai  |  seoul  |  industry news

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