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The number of South Korean cars shipped overseas fell 1.6 percent on-year in February due to weaker demand for sedans and a smaller number of business days, government data showed on March 14. Ac...
Eight imported vehicle brands, including one two-wheeler importer, will voluntarily recall nearly 74,000 vehicles to repair faulty components, the Transport Ministry said on March 14. This is the la...
Kia Motors on March 12 launched the upgraded K5 sedan in the domestic market to boost sales. Higher-trim models of the upgraded K5 come with safety features, such as the front collision avoidance...
Hyundai AutoEver said on March 12 it will lead the group’s paradigm shift by providing new platform-based IT services through its planned listing on the country’s main stock market this month. Th...
US proxy adviser Glass Lewis has stepped up its support for Hyundai Motor Group in its battle against Elliott over the issue of dividend payouts, officials said on March 10. While urging sharehol...
Hyundai Motor has joined a government-led special purpose company to establish viable hydrogen charging infrastructure by 2022, the company said on March 10. Korea Gas Corp., Hyundai, Air Liquide...
Kia Motors on March 7 launched the upgraded Niro hybrid model to strengthen its lineup. The facelifted Niro gasoline hybrid and plug-in hybrid models come with more safety features, including lan...
SsangYong Motor on March 5 showed off its extended SUV lineup at the Geneva Motor Show in a bid to woo European customers. Korea’s smallest carmaker said its all-new compact Korando, flagship G4 ...
Hyundai Motor has formed a consortium with five global companies to develop hydrogen charging standards for commercial fuel cell electric vehicles, the company said on March 4. Last week, Hyundai...
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...
Samsung’s financial units brace for changes with new CEOs
S. Korea to launch financial data exchange platform in March
Student-led venture vibe livens up Seoul basement
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
January 23, 2020
