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Article: BUSINESS IN ASIA TODAY - JULY 15, 2009.
- Article from:
- AsiaPulse News
- Article date:
- July 15, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on July 15, 2009. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
S. KOREAN CAR CO KIA MOTORS ROLLS OUT FORTE HYBRID CAR
SEOUL - Kia Motors Corp. (KSE:000270) launched its first hybrid car in South Korea Wednesday, following a belated foray into the growing market by its parent Hyundai Motor Co.(KSE:005380), in a bid to catch up with its Japanese rivals. The Forte Hybrid LPI, a hybrid version of Kia's Forte compact car, is powered by liquefied petroleum gas (LPG) and an electric motor with lithium ion polymer batteries. LPG is ...