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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...
Hyundai Motor said Sept.30 it has hired an aeronautics expert to advance its urban air mobility business. The carmaker has appointed Shin Jai-won, 61, as executive vice president and head of its ...
Renault Samsung Motors said Sept. 26 the Twizy ultracompact electric vehicle will be locally produced starting next month. The Twizy EV was originally produced at Renault’s plant in Valladolid, S...
Hyundai Motor said Sept. 26 that its joint venture with Swiss hydrogen company H2 Energy has been officially launched as it looks to expand its presence in Europe’s environment-friendly commercial ca...
Toyota Motors, Nissan Motor and six other firms will recall more than 56,000 vehicles due to faulty components, the Transport Ministry said Sept. 19. Toyota, Nissan, Mercedes-Benz and FMK, which ...
South Korea’s automobile exports dropped 3.4 percent in August on-year due mainly to fewer working days and weak demand, data showed Sept. 18. Korean carmakers shipped 164,154 cars overseas last ...
Hyundai Motor on Sept. 10 unveiled its all-electric concept car at the Frankfurt Motor Show as it strives to strengthen its lineup with environmentally friendly models. The EV concept 45 adopts t...
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
