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South Korea’s shipments of eco-friendly vehicles jumped an average of 33 percent per year in the past seven years on growing overseas demand, an auto business lobby group said on July 16. Local c...
With the popularity of larger, spacious cars globally, South Korea saw sales of recreational vehicles hit 300,000 units in the first half of the year. According to five major carmakers here -- Hyund...
BMW’s 620d Gran Tourismo, the German carmaker’s new entry-level diesel variant of the 6 series, was released in the Korean market in April. Since then, a total of 314 cars have been sold as of the fi...
Hyundai Motor on July 10 said it has appointed a former BMW designer as head of its design innovation group as it seeks solutions for future mobility technologies. The carmaker has appointed Suh ...
Kia Motors CEO Park Han-woo was indicted without detention and referred for court trial on July 9 over allegations that the company used dispatch workers on assembly lines in violation of labor law. ...
Hyundai Motor Group said on July 9 it has reorganized its research and development division to better cope with growing demands for next-generation vehicles. The reorganization is aimed at “quick...
Hyundai Motor and affiliate Kia Motors said on July 5 they posted a 2.7 percent on-year increase in US sales in the first half of the year, helped by robust demand for their SUVs. In the January-...
Hyundai Motor Group said on July 3 it has developed a new engine technology that sharply enhances vehicle performance and fuel efficiency and reduces gas emissions. The group plans to apply its o...
Imported vehicle sales in South Korea fell 17 percent in June due mainly to a supply shortage, industry data showed on July 3. The number of newly registered foreign vehicles stood at 19,386 last...
All the five domestic carmakers in South Korea suffered a sharp fall in sales in June, according to the latest data on July 1. Hyundai Motor said its sales fell 8.3 percent last month from a year...
Sales of imported commercial vehicles in South Korea fell 3.6 percent last month on low demand amid an economic slowdown, a trade association said on June 27. The number of newly registered impor...
South Korean carmaker SsangYong Motor’s revamp of its Rexton Sports series appears to have been a success with a boost in sales of the model. To avoid the public’s stereotypical bulky perception of ...
General Motors will launch the Colorado pickup truck and the Traverse SUV in South Korea by September as it strives to strengthen its recreational vehicle lineup amid falling sales. The Detroit-b...
Hyundai Motor said June 24 it will supply 2,000 Ioniq hybrid vehicles to a Singaporean transportation company by the first half of 2020. The Ioniq gasoline hybrid vehicles will be operated as tax...
South Korean carmakers Hyundai Motor and Kia Motors have garnered the three highest marks in J.D. Power’s annual automotive quality survey, they said on June 20. The companies said they expected ...
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
