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[THE INVESTOR] Renault Samsung Motors said on April 25 it will launch the Renault Clio supermini car in Korea next month to boost sales. The hatchback’s prices and specifications will be release...
[THE INVESTOR] Elliott Management, the US activist fund run by billionaire Paul Singer, is pressing a proxy battle with Hyundai Motor Group, saying the Korean auto giant’s recent restructuring pla...
[THE INVESTOR] General Motors and the state-run Korea Development Bank, the two biggest shareholders the carmaker’s local unit, are set to sign an initial funding agreement this week to help it stay...
[THE INVESTOR] The Korean government is pulling out all stops to make sure an eat-and-run situation with GM Korea is avoided. State-run Korea Development Bank -- the second-largest shareholder of t...
[THE INVESTOR] Scurrying to meet the new deadline line of April 23 5 p.m., GM Korea and the union worked out the details of their initial compromise on job security and other key issues on April 23....
[THE INVESTOR] Three officials of the Korean unit of Porsche have been indicted for doctoring documents required for the local government’s certification in relation to gas emissions, prosecutors sa...
[THE INVESTOR] GM Korea’s union may lose some ground following the release of interim results of a due diligence conducted on the carmaker showing it would be more lucrative to keep it afloat than t...
[THE INVESTOR] SsangYong Motor said on April 20 its net loss deepened in the first quarter due to a sharp decline in demand for its vehicles. Its net loss widened to 34.24 billion won (US$320 milli...
[THE INVESTOR] BMW Korea chief Kim Hyo-joon was elected as the new chairman of the Korean-German Chamber of Commerce and Industry, according to the organization on April 20. He is succeeding Kim Jo...
[THE INVESTOR] Renault Samsung Motor, the South Korean unit of French carmaker Renault, said on April 19 its popular SM6 midsize sedans come with various premium options drivers can choose from, giv...
[THE INVESTOR] Hyundai Motor and its affiliate Kia Motors posted improved sales results and market share in Europe in the first quarter, according to data by the European carmakers’ association. ...
[THE INVESTOR] GM Korea’s management held talks with the labor union on April 19 for the 10th time, a day ahead of the deadline for reaching an agreement on restructuring plans. The remaining thorn...
[THE INVESTOR] Hyundai Mobis, Korea’s biggest auto parts maker, said on April 19 it will test a self-driving vehicle in the United States this year, with an aim to mass-produce a semi-autonomous car...
[THE INVESTOR] GM Korea, the South Korean unit of General Motors, on April 18 offered to relocate workers at the Gunsan plant due to be closed next month to other production lines in the country. T...
[THE INVESTOR] Volkswagen Group said on April 18 it will launch five vehicles this year in Korea to regain customer trust. The German carmaker launched the new Passat GT sedan in March and will ...
Samsung to miss 350 million smartphone shipment goal
Naver to invest in Sequoia’s new venture fund: report
FTC chief vows to cooperate with EU to handle issues in Korea
Samsung to sell set-top box unit
Samsung holds global strategy meetings
Korea to launch K-pop coins, blockchain platform for hallyu fans
Big Hit investor SV Investment to make KOSDAQ debut next month
CJ considers IPO of Schwan’s after acquisition: report
June 23, 2018
