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South Korea’s automobile production slipped by 2.1 percent last year, falling a third year in a row, according to industry data on Feb. 10. The Korea Automobile Manufacturers Association said that S...
Hyundai Motor and its affiliate Kia Motors have started off 2019 on a positive note in the US auto market, the automotive conglomerate’s data showed on Feb. 7. In January, Hyundai recorded a 1.9 per...
Hyundai Motor said on Feb. 1 its sales fell 7.7 percent last month from a year earlier on weak overseas demand. The carmaker sold 313,313 vehicles in January, down from 339,374 units a year earlier,...
[THE INVESTOR] SsangYong Motor said on Jan. 31 its net loss narrowed for the October-December period from a year earlier on a strengthened lineup. It’s net loss reached 3.99 billion won (US$3.59 mil...
[THE INVESTOR] Exports of passenger car exports from Korea rose 18.5 percent in the fourth quarter of 2018 from a year earlier due to increased demand in the United States, Russia and Canada, custom...
[THE INVESTOR] Hyundai Motor said on Jan. 30 it has set up a sales subsidiary in China for the sale of its independent Genesis brand luxury vehicles. The move is part of the Korean carmaker’s st...
[THE INVESTOR] BMW Korea has replaced more than 100,000 units of the exhaust gas recirculation component in affected vehicles since a recall started five months ago, the company said on Jan. 29. ...
[THE INVESTOR] Efforts to revive a ruptured investment project between Gwangju City and Hyundai Motor are under way, a government official said on Jan. 28. “We are talking with Hyundai and the l...
[THE INVESTOR] Hyundai AutoEver, an affiliate of Korean automotive conglomerate Hyundai Motor Group, has won approval for its planned initial public offering on the country’s main stock exchange, th...
[THE INVESTOR] SsangYong Motor said on Jan. 28 it will launch an all-new sport utility vehicle in March to boost sales. The carmaker has developed a midsize SUV under the project name C300 and h...
[THE INVESTOR] Kia Motors on Jan. 28 launched its refreshed Sorento sport utility vehicle in a move to strengthen its overall lineup. The upgraded vehicle comes with a differently styled dark ch...
[THE INVESTOR] Hyundai Mobis said on Jan. 25 it shifted to a net profit in the October-December period due to a low base effect. A net profit of 419.8 billion won (US$375 million) was reached fo...
[THE INVESTOR] Kia Motors said on Jan. 25 its net profit fell 10 percent in the October-December period from a year earlier. Net profit for the three months declined to 94.3 billion won (US$84 m...
[THE INVESTOR] Hyundai Motor said on Jan. 24 it shifted to a net loss in the fourth quarter of 2018 due to a strong Korean currency and drop in demand in major markets. The carmaker posted a net...
[THE INVESTOR] Hyundai Motor said on Jan. 24 it will set up a joint venture with a Vietnamese company to boost sales in the emerging market. The Korean carmaker and Thanh Cong Group signed an in...
Seoul’s commercial realty transactions jump 68% in Q1, Seoul Square deal takes up half
L&K Biomed at risk of being delisted by KRX
Asiana Airlines credit placed on negative watch despite relief package
[EXCLUSIVE] CJ to shut down Bibigo in China by August
Anchor Equity Partners acquires Burger King Japan
OliPass plans to go public this year
Boryung Pharmaceutical establishes new production facility in Yesan
HappyFresh bags $20m in series C round led by Mirae Asset, Naver
April 25, 2019
![[EXCLUSIVE] CJ to shut down Bibigo in China by August](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=152&simg=/content/image/2019/04/23/20190423000840_0.jpg&md=20190423171201)
