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German-based luxury carmaker BMW Korea announced on Nov. 21 that it has hosted the “BMW Group Supplier Day 2019” event at the Grand Hyatt in Incheon. According to the company, it decided to host the...
Hyundai Motor’s flagship full-size sedan Grandeur has been positioned as a luxurious car for the older generation and those of high social status in their late 40s and 50s in Korea. But with the New...
Hyundai Motor said Nov. 22 it will launch the Lafesta electric vehicle in China next year. The company unveiled the Lafesta sedan at the 17th China Guangzhou International Automobile Exhibition t...
Samsung SDI has signed a 2.9 billion euros ($3.2 billion) deal with BMW to supply EV battery cells, the German automaker’s Korean unit said Nov. 21. BMW Chief Purchasing Officer Andreas Wendt sig...
South Korean carmaker Hyundai Motor said Nov. 21 it has unveiled its Vision T SUV concept at the Los Angeles Auto Show. The unveiling of the SUV concept is in line with Hyundai Motor’s stepped-up...
Kia Motors on Nov.21 launched its all-new K5 sedan in the domestic market to boost sales. The third-generation K5 midsize sedan is available in four trims: a 2.0-liter gasoline, a 1.6-liter turbo...
Hyundai Motor on Nov. 19 launched the face-lifted Grandeur sedan in the domestic market to strengthen its lineup with competitive models. The upgraded Grandeur comes in four versions with a 2.5-l...
Kia Motors said Nov. 19 its cumulative vehicle production in the United States has surpassed 3 million units since it entered the world‘s most important automobile market a decade ago. The carmak...
MAN Truck & Bus Korea said Nov. 18 it expects sales to remain weak through next year in South Korea, one of the German carmaker’s strategically important markets. The company expects market deama...
South Korean exports of electric vehicles more than doubled in the first 10 months of this year on brisk demand from advanced markets, data showed Nov. 11. The country’s overseas shipments of EVs...
Imported car sales in South Korea rose 6.2 percent on-year last month helped by new models, but Japanese brands still struggled feeling the pinch of a boycott amid trade tensions between Seoul and To...
Hyundai Motor said Oct. 31 it has launched its ix25 sport utility vehicle in China to help revive sales in the world‘s biggest automobile market. The ix25 compact SUV comes with a 1.5-liter gasol...
Hyundai Motor said Oct. 29 it has debuted a hydrogen-powered truck concept in the United States as part of its efforts to sell its zero-emission trucks in the world‘s most important automobile market...
Kia Motors and GS Caltex said Oct 29 they have joined hands to offer better electric vehicle charging services. Under a bilateral memorandum of understanding, Kia and GS Caltex will collaborate o...
The Seoul branch of Greenpeace has slammed South Korean carmaker Hyundai Motor, claiming that its green car strategy falls short of global movements on climate change. In a statement published on Oc...
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
