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Korea’s automobile exports moved up 12.6 percent on-year in January on the back of strong demand for SUVs and environment friendly cars in North America and Europe, the Industry Ministry said on Feb....
Hyundai Motor Group’s sales in the European Union improved last month, ranking fourth in terms of market share, helped by robust sales of new models, industry data showed on Feb. 18. Hyundai Motor a...
Sales of diesel cars made by Hyundai Motor and its affiliate Kia Motors have steadily fallen for the past three years due to stricter emission regulations, industry data showed on Feb. 18. Diesel-po...
Korean carmakers remain on edge as a decision on tariffs by US President Donald Trump looms closer, with the Department of Commerce reportedly having concluded in its confidential recommendation repo...
Hyundai Motor on Feb. 17 confirmed a report that it had reached a tentative settlement with plaintiffs in a class-action lawsuit in the US over panoramic sunroofs that shattered suddenly, although th...
The Interior and Safety Ministry said on Feb. 12 it has fined Audi Volkswagen Korea and the state-run Korea Occupational Safety and Health Agency for violating a law on the protection of private info...
Hyundai Motor Group said on Feb. 12 that six of its vehicles have won the iF Design Award this year, marking the fifth straight year its cars have received recognition. Hyundai Motor’s new flagsh...
Kia Motors confirmed on Feb. 11 it has partnered with Korea Electric Vehicle Charging Service and traffic solutions corporation STraffic to secure and expand electric vehicle-charging infrastructure ...
Mercedes-Benz outsold local carmakers to finish fourth in domestic sales in January, industry data showed on Feb. 11. The Korean unit of the German automaker sold 5,796 vehicles last month, equal...
South Korea’s automobile production slipped by 2.1 percent last year, falling a third year in a row, according to industry data on Feb. 10. The Korea Automobile Manufacturers Association said that S...
Hyundai Motor and its affiliate Kia Motors have started off 2019 on a positive note in the US auto market, the automotive conglomerate’s data showed on Feb. 7. In January, Hyundai recorded a 1.9 per...
Hyundai Motor said on Feb. 1 its sales fell 7.7 percent last month from a year earlier on weak overseas demand. The carmaker sold 313,313 vehicles in January, down from 339,374 units a year earlier,...
[THE INVESTOR] SsangYong Motor said on Jan. 31 its net loss narrowed for the October-December period from a year earlier on a strengthened lineup. It’s net loss reached 3.99 billion won (US$3.59 mil...
[THE INVESTOR] Exports of passenger car exports from Korea rose 18.5 percent in the fourth quarter of 2018 from a year earlier due to increased demand in the United States, Russia and Canada, custom...
[THE INVESTOR] Hyundai Motor said on Jan. 30 it has set up a sales subsidiary in China for the sale of its independent Genesis brand luxury vehicles. The move is part of the Korean carmaker’s st...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
