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[THE INVESTOR] Seoul City has chosen top mobile carrier SK Telecom as the main operator of its pilot project to test autonomous cars using 5G technology, according to sources on Jan 18. “The projec...
[THE INVESTOR] Mercedes-Benz Korea said on Jan. 17 it will launch an all-electric vehicle and four hybrid models to its lineup this year to gain a bigger market share here. The German carmaker p...
[THE INVESTOR] SsangYong Motor said on Jan. 16 it will raise 50 billion won (US$47 million) through a rights issue for new vehicle development and facility investments. The carmaker plans to rel...
[THE INVESTOR] Hyundai Motor said on Jan. 16that Singapore-based Grab began using its Kona Electric for its ride-hailing service this month. In November, Hyundai and its affiliate Kia Motors joi...
[THE INVESTOR] Korea’s antitrust watchdog said on Jan. 15 that it has fined Toyota Motor Korea 817 million won (US$729,000) for deceptive advertising of its RAV4 sport utility vehicle. The carma...
[THE INVESTOR] Hyundai Motor’s Kona SUV and Genesis G70 sedan won the coveted North American Car, Utility and Truck of the Year awards at the Detroit auto show, the carmaker said on Jan. 15. The...
[THE INVESTOR] GM Korea’s Trax compact sport utility vehicle topped the list of locally produced vehicles in terms of outbound shipments last year, industry data showed on Jan. 14. In 2018, 239,...
[THE INVESTOR] Hyundai Motor said on Jan. 11 it will begin the sale of the Kona Ironman Edition in global markets this month. The Kona subcompact sport utility vehicle, which features the Marvel...
[THE INVESTOR] A Seoul court on Jan. 10 ordered the local unit of BMW to pay a fine of 14.5 billion won (US$12.90 million) for falsifying documents on gas emissions required by the Korean government...
[THE INVESTOR] Hyundai Motor Group has got final approval for the construction of its 596-meter high new headquarters in southern Seoul, almost three years after it was first proposed, the Land Min...
[THE INVESTOR] LAS VEGAS -- When it comes to future mobility, autonomous vehicles typically take the spotlight, as global automakers and tech companies compete to bring self-driving cars into the ma...
[THE INVESTOR] LAS VEGAS -- When we think of a car, the obvious image has always been one with four wheels attached to the vehicle’s body. However, Korea’s Hyundai Motor has pushed the boundaries o...
[THE INVESTOR] Carmakers sold more than 120,000 units of environment-friendly vehicles in Korea last year, up 27 percent from a year earlier, industry data showed on Dec. 7. Sales by both domest...
[THE INVESTOR] Sales of imported vehicles in Korea continued to rise last year, aided by firm demand for foreign brands and the resumption of sales by Audi Volkswagen, industry data showed on Jan. 4...
[THE INVESTOR] Kia Motors announced on Jan. 3. that it has formed a partnership with YG Entertainment to expand its global cultural marketing combined with K-pop. As its first project, the carma...
Hana Financial partners with SK Telecom and Kiwoom Securities for internet-only bank
CJ ENM denies Netmarble’s US$2b stake sell-off rumors
JW Life Science to giveW8b dividends
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
February 19, 2019
