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[THE INVESTOR] Hyundai Motor and Kia Motors posted sluggish sales in the US market in 2018 despite brisk demand for their SUVs, data showed on Dec. 4. Hyundai sold 677,946 vehicles in America la...
[THE INVESTOR] Hyundai Motor said on Jan. 2 its December sales rose 0.4 percent from a year earlier on weak overseas demand. The carmaker sold 410,326 vehicles last month, up from 408,637 units ...
[THE INVESTOR] Hyundai Motor Group said on Jan. 2 it aims to sell 7.6 million vehicles this year by focusing on major markets, such as the United States and China. In 2019, Hyundai Motor and its...
[THE INVESTOR] SsangYong Motor said on Dec. 31 that it has rehired 60 percent of workers who were sacked amid the carmaker’s restructuring efforts over a decade ago. The maker of the Rexton and ...
[THE INVESTOR] Eight new cars released in Korea by local manufacturers this year secured governmental approval for their interior air quality, a report showed on Dec. 31. The Ministry of Land, I...
[THE INVESTOR] South Korean carmakers are expected to roll out 10 new models in the new year in the domestic market as they strive to bolster sales, amid stiffer competition from abroad, industry wa...
[THE INVESTOR] Hyundai Motor Group -- parent firm of Hyundai Motor and Kia Motors -- on Dec. 28. unveiled a 3D graphic video of its Automated Valet Parking System, a next-generation concept of smar...
[THE INVESTOR] The state-run Korea Development Bank is set to complete injecting US$750 million into the Korean unit of General Motors on Dec. 26, after it backed a plan to spin off the carmaker’s r...
[THE INVESTOR] South Korea’s Transportation Ministry confirmed on Dec.24 that the cause of BMW engine fires that sent jitters across the country this summer was the faulty exhaust gas recirculation ...
[THE INVESTOR] Korea’s Transport Ministry on Dec. 24 fined BMW 11.2 billion won (US$9.93 million) for allegedly trying to hide faulty parts and belatedly recalling its vehicles after some engines ca...
[THE INVESTOR] A Seoul court imposed a heavy fine on Mercedes-Benz Korea on Dec. 20 for violating emissions-related laws by importing vehicles with uncertified parts, while also sentencing one of it...
[THE INVESTOR] Hyundai Motor Group said on Dec. 19 that 12 of its vehicles have earned the Top Safety Pick Plus rating from the Insurance Institute for Highway Safety in the United States. The 1...
[THE INVESTOR] Hankook Tire said on Dec. 19 it will supply tires to Ford Motor’s 2019 Ford Ranger midsize pickup truck. In October, Hankook Tire began to supply the high-performance Dynapro AT-m...
[THE INVESTOR] The state-run Korea Development Bank said on Dec. 18 it supports GM Korea’s plan to spin off its research unit, marking a reversal from the lender’s opposition to the controversial sc...
[THE INVESTOR] Han Sung Motor, the largest official Mercedes-Benz dealership in Korea, celebrated the seventh anniversary of its Dream Gream program on Dec. 18. During its year-end event at the Me...
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
