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Hyundai Motor said on March 4 its sales inched up 0.3 percent last month from a year earlier on higher domestic demand. The carmaker sold 313,172 vehicles in February, up from 312,268 units a yea...
SsangYong Motor said on March 4 its sales rose 4.3 percent last month from a year earlier on growing demand for sport utility vehicles. The carmaker sold 9,481 vehicles in February, up from 9,090...
Hyundai Motor Group has developed a digital key available on smartphones, with a plan to gradually apply the “smartphone key” to upcoming models, the company said on March 4. The technology is ai...
LG Chem is considering a second plant in Europe to meet growing demand, industry sources said on March 4. The company already has an electric vehicle battery production plant in Poland. In Novemb...
Hyundai Motors said on Feb. 27 it plans to invest 45 trillion won (US$40 billion) in developing new models and technologies for vehicles over the next five years, mainly to boost shareholder value. ...
Hyundai Motor and its affiliate Kia Motors said on Feb. 28 that they will install drive video record systems in upcoming new models to enhance customer convenience. The DVRS will allow drivers to ch...
Hyundai Motor has turned down demands by US activist fund Elliott Management for dividends worth 8.3 trillion won (US$7.40 billion) from the carmaker and its affiliate Hyundai Mobis. On Feb. 26, the...
Korea is planning a road map to build a so-called hydrogen economy as part of a broader plan to increase the number of hydrogen-powered vehicles on its roads, the government said on Feb. 26. The Min...
SsangYong Motor on Feb. 26 launched an all-new compact SUV to boost sales. The Korando SUV is a full-change model of the eight-year-old Korando C. It comes with an upgraded 1.6-liter diesel engine m...
Hyundai Wia Shandong, a Chinese unit of Hyundai Wia, said on Feb. 25 that it has received a 840 billion-won (US$750 million) auto parts order from a Chinese carmaker. In the deal, Hyundai Wia Shando...
France’s Peugeot may be less ubiquitous on the streets of South Korea compared to other rival imported brands from Germany or Japan. But the new Peugeot 508’s stylish look and premium feel are gainin...
Rolls-Royce Motor Cars, the luxury car brand under the BMW Group, said on Feb. 20 that it has expanded its showroom in Seoul on increased sales in Korea. The Goodwood-based carmaker has two showroom...
A gasoline-burning automobile consumed an average 1,159 liters last year, down 2.4 percent from a year earlier, as drivers cut back on spending probably to cope with high prices, industry data showed...
Renault will join forces with Korean businesses and researchers to develop autonomous driving technology, with an aim to apply the expertise to its electric vehicles, the Trade Ministry said on Feb. ...
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....
NPS picks 5 local partners to earmark W200b for startup investment
Alpha Holdings’ US expansion hits snag as OncoSec proxy fight looms
3 S. Korean institutional investors declare end to coal exposure
SK China, Hillhouse Capital to form W1tr fund
Baby Shark’s global success at K-Startup Week ComeUp 2019
Experts share experience of reviving a city via social innovation
China imports $100m worth of South Korean instant noodles
SK Energy to complete vacuum residue desulfurization in Jan.
December 06, 2019
