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LG Chem is considering a second plant in Europe to meet growing demand, industry sources said on March 4. The company already has an electric vehicle battery production plant in Poland. In Novemb...
Hyundai Motors said on Feb. 27 it plans to invest 45 trillion won (US$40 billion) in developing new models and technologies for vehicles over the next five years, mainly to boost shareholder value. ...
Hyundai Motor and its affiliate Kia Motors said on Feb. 28 that they will install drive video record systems in upcoming new models to enhance customer convenience. The DVRS will allow drivers to ch...
Hyundai Motor has turned down demands by US activist fund Elliott Management for dividends worth 8.3 trillion won (US$7.40 billion) from the carmaker and its affiliate Hyundai Mobis. On Feb. 26, the...
Korea is planning a road map to build a so-called hydrogen economy as part of a broader plan to increase the number of hydrogen-powered vehicles on its roads, the government said on Feb. 26. The Min...
SsangYong Motor on Feb. 26 launched an all-new compact SUV to boost sales. The Korando SUV is a full-change model of the eight-year-old Korando C. It comes with an upgraded 1.6-liter diesel engine m...
Hyundai Wia Shandong, a Chinese unit of Hyundai Wia, said on Feb. 25 that it has received a 840 billion-won (US$750 million) auto parts order from a Chinese carmaker. In the deal, Hyundai Wia Shando...
France’s Peugeot may be less ubiquitous on the streets of South Korea compared to other rival imported brands from Germany or Japan. But the new Peugeot 508’s stylish look and premium feel are gainin...
Rolls-Royce Motor Cars, the luxury car brand under the BMW Group, said on Feb. 20 that it has expanded its showroom in Seoul on increased sales in Korea. The Goodwood-based carmaker has two showroom...
A gasoline-burning automobile consumed an average 1,159 liters last year, down 2.4 percent from a year earlier, as drivers cut back on spending probably to cope with high prices, industry data showed...
Renault will join forces with Korean businesses and researchers to develop autonomous driving technology, with an aim to apply the expertise to its electric vehicles, the Trade Ministry said on Feb. ...
Korea’s automobile exports moved up 12.6 percent on-year in January on the back of strong demand for SUVs and environment friendly cars in North America and Europe, the Industry Ministry said on Feb....
Hyundai Motor Group’s sales in the European Union improved last month, ranking fourth in terms of market share, helped by robust sales of new models, industry data showed on Feb. 18. Hyundai Motor a...
Sales of diesel cars made by Hyundai Motor and its affiliate Kia Motors have steadily fallen for the past three years due to stricter emission regulations, industry data showed on Feb. 18. Diesel-po...
Korean carmakers remain on edge as a decision on tariffs by US President Donald Trump looms closer, with the Department of Commerce reportedly having concluded in its confidential recommendation repo...
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
