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[THE INVESTOR] GM Korea said on June 1 its May sales fell 5.1 percent from a year earlier due to weaker domestic demand. The firm sold 40,879 vehicles last month, down from 43,085 units a year e...
[THE INVESTOR] Hyundai Motor on June 1 launched the face-lifted i40 wagon in the domestic market as part of its move to appeal to more consumers. The estate car has been mainly sold in Europe al...
[THE INVESTOR] BMW’s new 540i M Sport Package Plus -- a top of the line gasoline-powered 5 Series sedan -- has arrived in Korea to lure car aficionados seeking both dynamic and luxurious driving. T...
[THE INVESTOR] General Motors on May 31 shut down one of its plants in Korea as it moves to restructure its operations at home and abroad. The 260,000-units-a-year plant in Gunsan, about 270 kil...
[THE INVESTOR] Hyundai Motor said on May 30 it will invest 419 billion won (US$388 million) to construct an engine head production facility at its existing Alabama plant. Engine heads to be prod...
[THE INVESTOR] BMW, Mini and Honda Motor will voluntarily recall over 2,800 vehicles to fix faulty parts, the government here said on May 30. It is the latest in a series of recalls by carmakers...
[ET NEWS] Hyundai Motor is building its own production lines for automotive batteries as part of its recent push for emissions-free vehicles, according to industry sources on May 28. The Korean aut...
[THE INVESTOR] Hyundai Mobis has emerged as a key supplier of General Motors after it secured a US$1.1 billion deal to provide auto parts for eight years, the company announced on May 29. The D...
[THE INVESTOR] Sales of hybrid vehicles made by Hyundai Motor and its affiliate Kia Motors in the United States rose 7 percent in the first four months of this year from a year earlier, industry dat...
[THE INVESTOR] Naver Labs, a research affiliate of Korea’s top portal operator Naver, said on May 25 it has joined ties with auto parts maker Mando to penetrate deeper into the self-driving automobi...
[THE INVESTOR] Kia Motors launched its upgraded Stinger grand tourer on May 24 with more premium options to boost sales this year. The 2019 Stinger comes with a choice of a 2.0-liter turbo gasol...
[THE INVESTOR] Five carmakers and two importers of two-wheelers will voluntarily recall nearly 290,000 vehicles to fix faulty parts, the government here said on May 24. It is the latest in a ser...
[THE INVESTOR] GM Korea said on May 23 it will launch the upgraded Chevrolet Spark minicar next month to help revive sales. The New Spark city car is the first model of 15 new and upgraded vehic...
[THE INVESTOR] The board of Hyundai Mobis, the parts-making unit of Hyundai Motor Group, on May 21 decided to call off the planned vote on its spin-off merger deal at a shareholders meeting next wee...
[THE INVESTOR] Renault Samsung Motors, the local unit of French carmaker Renault S.A., has launched Clio hatchback with aims to start a new boom in the local compact car market, the company said on ...
[INTERVIEW] Banksalad out to tackle info asymmetry
BTS renews contract with Big Hit Entertainment
SKINFOOD sued by franchisees for seeking court receivership
WeWork to launch new co-working space in Busan
Ediya Coffee plans second shot at Chinese market
Bank ownership rules eased for Kakao, Naver
SKINFOOD to close outlets in E-mart, E-Land Retail
Chinese crypto exchange BTCC to launch service in Korea
October 19, 2018
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