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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...
Hyundai Mobis said Oct. 23 it will invest US$50 million in a US light detection and ranging (LiDAR) company for autonomous driving technologies. The South Korean firm has partnered with Velodyne ...
Audi Korea on Oct. 23 launched the all-new A6 sedan in South Korea to revive sales that have been lackluster following the diesel emissions cheating scandal in 2016. The new A6 45 TFSI quattro is...
Private taxi drivers who complained that they had been left behind in deals between mobility platforms and taxi companies have joined forces with a 4-year old company to launch a new mobility platfor...
Hyundai Motor on Oct. 22 released a teaser of a large-sized hydrogen truck concept ahead of the North American Commercial Vehicle Show next week. The HDC-6 Neptune concept is part of Hyundai’s lo...
Hyundai Motor Group said Oct. 21 it has developed an artificial intelligence-based autonomous driving technology and will apply it in its models. The South Korean automaker has developed the smar...
Hyundai Motor has hired a former chief executive officer of Audi’s US division as the head of its luxury segment Genesis’ operations in North America, signaling the carmaker’s drive to expand its mar...
Hankook Tire said Oct. 7 it began to supply tires for Porsche’s Cayenne sport utility vehicle in June. The company will supply its high-performance Ventus S1 evo 3 SUV tires for the high-performa...
German carmaker Mercedes-Benz recorded the third-highest sales figure in the country in September, after Hyundai Motor and Kia Motors , outpacing three major local carmakers, according to industr...
Renault Samsung Motors said Sept. 30 it will reduce production at its sole local plant from next month amid lower demand for its vehicles. The carmaker plans to lower the units per hour volume to...
Yanolja preps to go public in 2022
Antitrust watchdog drafts law to regulate online platforms
Kakao Pay eyes IPO next year
SC Bank Korea partners Toss to launch short-term personal loan
Big Hit’s offering price fixed at 135,000 won
Proptech startup Kasa Korea attracts W9.2b in series B funding
Korean lenders struggle with New York hotel-retail project investment
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS
September 30, 2020
