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Hyundai Motor Group, South Korea’s top automotive group, said Sept. 9 it plans to enter the renewable energy market along with local solar energy firm OCI. Under the memorandum of understanding, ...
Unionized workers at GM Korea on Sept. 9 staged a full-scale strike for the first time in 22 years as they demand an increase in wages despite warnings from the company’s global headquarters. The...
Hyundai Motor and its affiliate Kia Motors said Sept. 9 they’ve sold more than 44,000 electric vehicles in the first half of the year. South Korea’s two largest carmakers under Hyundai Motor Grou...
Hyundai Motor is poised to join a ride-hailing movement that is taking on a new shape since the government announced a series of measures emphasizing the need to obtain taxi licenses, industry source...
Kia Motors on Aug, 19 launched the upgraded Sportage sport utility vehicle in the domestic market as it strives to strengthen its SUV lineup. The facelifted Sportage comes with a 2.0-liter gasoli...
As the longest-serving CEO in the local auto importer community, the German marketing expert has been lauded for service innovation, CSR In the trendy industry of luxury automobiles -- particularly ...
Amid a nationwide boycott of Japanese goods, including fashion items, household products and cars, sales of Japanese vehicles waned last month, while sales increased for German carmakers, industry da...
SsangYong Motor said on Aug. 6 it is considering some belt-tightening measures due to increased losses. In a letter sent to employees last week, SsangYong Motor President and CEO Yea Byung-tae sa...
Imported vehicle sales in South Korea fell 5.2 percent in July due to a slump in sales of Japanese vehicles amid trade tensions with Japan, industry data showed Aug. 5. The number of newly regist...
Hyundai Motor said Aug. 1 its sales rose 1.6 percent last month from a year earlier on increased overseas sales. It sold 352,468 vehicles in July, up from 346,865 units a year earlier, the compan...
South Koreans in their 40s who used to comprise the bulk of car buyers are no longer the largest consumer group, according to the latest data released Aug. 1. Now those in their 50s are the top car ...
Kia Motors on July 23 said its second-quarter earnings jumped 52 percent on a weaker local currency. Net profit for the April-June period soared to 505 billion won ($430 million) from 332 billion...
Hyundai Motor on July 22 launched the gasoline hybrid version of its all-new Sonata sedan in the domestic market for customers wanting fuel efficient cars. The Sonata 2.0-liter gasoline hybrid mo...
Hyundai Motor, BMW and two other companies will voluntarily recall over 10,000 vehicles due to faulty components, the Transport Ministry said on July 18. This is the latest in a series of recall ...
Kia Motors on July 18 added the all-new sport utility vehicle Seltos to its lineup. The Seltos went on sale in South Korea before being shipped to India, China and other global markets. Last mont...
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
