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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...
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...
BlackRock sells some of Coway stake
Dunamu’s Q1 profit likely to exceed market expectations on surging coin trades
Shinhan Asset to shy away from domestic equities with low ESG scores
Concerns rise as more young Koreans dip their toes into crypto market
[Feature] Korea’s aging society faces burden of rising debts, heavy taxes
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Kospi hits fresh high on foreign, institutional buying
April 23, 2021
![[Feature] Korea’s aging society faces burden of rising debts, heavy taxes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2021/04/22/20210422000212_0.jpg&md=20210422103252)
