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German carmaker BMW on April 1 named a new CEO for its South Korean operations in a move to prop up sales in Asia’s fourth-biggest economy. The carmaker has promoted BMW Group Korea President Han...
GM Korea said on March 28 that two US-made vehicles will be added to its lineup to boost sales. The carmaker plans to launch the large Traverse SUV and the midsize Colorado pickup truck in the Ko...
Hyundai Motor said on March 27 that its all new entry-level sport utility vehicle, to be unveiled at the New York auto show, will be called the Venue. South Korea’s largest carmaker said the smal...
The delivery of Hyundai Motor’s all-new Sonata sedan has been delayed by some three weeks in order to check the vehicle’s noise, vibration and harshness issues, the company said on March 26. “The...
The ratio of imported cars to insured vehicles in South Korea exceeded the 10 percent mark in 2018, industry data showed on March 25, pointing to their growing popularity here. According to the d...
In a crushing victory over US hedge fund, Chung cements his leadership -- but is a bigger battle ahead? Tension ran high in the early morning on March 22, just before Hyundai Motor ’s annual gener...
Automobile lovers in South Korea are about to be presented a feast for the eyes with a luxury crossover SUV built with a V8 supercharged engine and diamond-quilted leather interior. Jaguar Land Rove...
Kia Motors said on March 20 that it is considering producing electric vehicles at one of its three plants in China amid weak sales there. “The company is considering halting the production of exi...
Renault has placed its South Korean unit under the expanded Africa-Middle East-India-Pacific regional headquarters in its realignment of six regional business headquarters, Renault Samsung Motors sai...
South Korea is aiming to get all commercial vehicles in the country to run on hydrogen fuel cells by 2035 in a move to help ease fine dust air pollution, the Transport Ministry said on March 20. ...
Hyundai Mobis has partnered with Russia’s biggest technology company Yandex NV to jointly develop autonomous vehicles, the company said on March 20. In its research and development center in Yong...
South Korea’s ICT service provider Hyundai AutoEver is poised to raise 168.4 billion won ($148.63 million) in its forthcoming initial public offering, a disclosure showed on March 18. Hyundai AutoEv...
The British Embassy in Seoul said on March 18 it will help carmaker Jaguar Land Rover’s promotion of its all-electric vehicle in South Korea amid rising demand for environmentally friendly cars. ...
US hedge fund Elliott Management said on March 18 that its dividends proposal for Hyundai Motor and its auto parts affiliate Hyundai Mobis will not affect their liquidity or future investment plans. ...
The number of preorders for Hyundai Motor’s all-new Sonata has surpassed the 10,000 mark in five days across the country since the carmaker start receiving orders on March 11, the company said on Mar...
Deloitte Anjin stresses PE’s role in portfolio value creation
Rawrow secures funding from Shinsegae International
Israeli blockchain startup Endor wins innovation award in S.Korea
Expat-run startup out to empower asylum seekers, sustain their careers
Entrepreneurs should learn how to hire and fire: Altos Ventures
USITC probes Samsung over touch screen tech patents
Moon’s new policy aide vows to promote fair economy, income-driven policy
S. Korean IPO capital exceeds W1tr in H1
June 26, 2019
