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The Korea Herald

Automobiles

May 09, 2021
Hyundai's Genesis to hit Europe in summer

Seeking to expand its reputation as a high-end luxury brand, South Korean carmaker Hyundai Motor’s Genesis is set to enter Europe this summer, according to the company last week. Hyundai Motor plans to introduce the G80 sedan and the GV80 SUV in European countries including Germany, Britain and ...
November 10, 2020
[Advertorial] Hyundai Motor vehicles to become smarter with Nvidia Drive chips

Hyundai will offer lifetime updates for the ccOS. Hyundai Motor’s collaboration with Nvidia comes amid growing rumors that the carmaker is in talks with Softbank to acquire robot maker Boston Dynamics, according to foreign media reports. While the acquisition is expected to cost Hyundai as ...
October 15, 2020
Hyundai chairman’s first stop: Hydrogen economy

Starting his first day as Hyundai Motor Group’s chairman on Oct. 15, Chung Euisun attended the government’s hydrogen economy committee meeting, riding there in his company’s first hydrogen fuel cell vehicle, the Nexo. Prior to the meeting, Chung had agreed to establish a joint entity with the ...
October 14, 2020
Hyundai Motor stocks unfazed by leadership change

Stock prices of Hyundai Motor Group‘s affiliates remained largely unfazed by the announcement of the South Korean conglomerate welcoming Chung Euisun as its new chairman on Wednesday, except for Hyundai Glovis, a subsidiary controlled by the new leader. The group’s crown jewel Hyundai Motor Com...
October 07, 2020
Hyundai Mobis invests $25m in UK augmented reality head-up display provider

Hyundai Mobis said on Oct. 7 that it invested $25 million in Envisics, a UK-based augmented reality head-up display provider. The auto parts company has been making investments in autonomous driving and electrification over the last three years in response to the growing need for self-driving car...
August 12, 2020
Hyundai, Aptive unveil name of autonomous driving venture

Hyundai Motor Group announced on August 12 that its autonomous driving joint venture with Aptive has been named Motional. The automaker had announced a joint venture in March with Aptive -- a self-driving technology company -- as it seeks to develop and commercialize its autonomous technology for...
July 20, 2020
Korean watchdog to examine Tesla’s ad for autopilot

The South Korean Fair Trade Commission has launched an internal review of Tesla’s advertisement that describes the car’s autopilot function as self-driving technology, according to industry sources on July 19. The watchdog is examining whether Tesla violated fair labeling and advertising laws, ...
July 02, 2020
Hyundai Mobis invests W25b in US tech funds for future mobility

South Korea’s Hyundai Mobis said on July 2 it has injected 25 billion won ($20 million) in Silicon Valley tech funds ACVC Partners and MOTUS Ventures, as part of its move to secure future mobility technology and next-generation business opportunities. ACVC Partners and MOTUS Ventures have been a...
May 28, 2020
‘Spider Man 3’ to feature Hyundai’s mobility tech

Hyundai Motor Group said on May 28 it has clinched a partnership deal with Sony Pictures Entertainment to allow customers experience its future mobility and new technologies via the latter’s platforms such as movies, animations and digital contents. According to the automaker, its latest mobilit...
May 13, 2020
Tesla sales push EV battery supplier LG Chem to No. 1

LG Chem deployed most of its electric vehicle batteries globally in the first quarter thanks to client company Tesla’s strong sales, data showed on May 13. According to market tracker EV Volumes, LG Chem supplied 14 percent of the batteries for 88,461 Tesla EVs in the first quarter. Propelled by ...
February 07, 2020
Kona sales push up Hyundai among EV makers in 2019

Hyundai Motor emerged as a major electric vehicle maker last year, SNE Research said on Feb. 5. The sales of the South Korean automaker’s EVs soared 2.7 times in 2019 backed by the popularity of Kona in Europe, the research firm said. It was ranked 11th in 2018. Tesla, a US EV maker, maintained ...
January 02, 2020
Hyundai to invest W100tr in future vehicles by 2025

Hyundai Motor Group said Jan. 2 it will invest more than 100 trillion won ($86.6 billion) in the next five years to increase its presence in the future mobility markets. “We are planning to launch 44 electrified vehicles, including 11 all-electric models, by 2025, as we aim to take the lead in...
December 30, 2019
Hyundai, Kia recall over 640,000 vehicles over faulty parts

Hyundai Motor and Kia Motors have begun to voluntarily recall more than 640,000 vehicles to fix faulty components, South Korea’s Transport Ministry said Dec. 30. This is the latest in a series of recalls by Hyundai and Kia, the flagship units of Korean auto giant Hyundai Motor Group. Hyund...
December 23, 2019
Hyundai’s upgraded Grandeur gets more than 50,000 preorders in S. Korea

Hyundai Motor said Dec. 23 its face-lifted Grandeur sedan has received more than 50,000 preorders in just over a month since the vehicle’s launch at home. The carmaker said it received orders for 52,640 new Grandeurs as of last week since the preorders started on Nov. 3. Hyundai said consu...
December 19, 2019
SsangYong Motor workers OK self-rescue measures amid sales slump

Workers at SsangYong Motor on Dec. 19 accepted a cut in bonuses and other cost-saving measures proposed by the company amid declining sales. They have agreed to the company’s proposals that require them to return some of their annual bonuses and performance-based pay, the company said in a sta...

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