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Hyundai Motor and imported carmakers will voluntarily recall over 62,000 vehicles to repair faulty components, the government here said on April 11. This is the latest in a series of recall plans fo...
Kia Motors’ labor union has called for halting the US production of its brand new Telluride three-row sport utility vehicle as weak vehicle sales can jeopardize jobs in South Korea, industry sources ...
Hyundai Motor and its sister company Kia Motors saw record-high first-quarter SUV sales in the US, where sport utility vehicles and pickup trucks are dominant, industry data showed on April 7. Ki...
BMW Group Korea said on April 4 it has recalled 94 percent of its vehicles that use faulty parts in the wake of dozens of engine fires last year. The carmaker said it has has fixed the faulty exh...
Imported vehicle sales in South Korea fell 32 percent in March from a year earlier due mainly to a lack of products, industry data showed on April 3. The number of newly registered foreign vehicl...
The ratio of sedans in South Korea’s domestic vehicle sales fell to below 50 percent for the first time last month due to higher demand for sport utility vehicles, industry data showed on April 3. ...
Hyundai Motor said on April 1 its sales fell 2.2 percent last month from a year earlier on weak overseas demand. The automaker sold 389,160 vehicles in March, down from 397,747 units a year earlier,...
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...
Netmarble picked as preferred bidder for Coway
NetMarble investors look Woongjing Coway deal with a wary eye
KRX defers delisting decision for Kolon TissueGene
Samsung Galaxy Fold available again in Korea, soon in Japan, China
Hyundai hires ex-Audi CEO for US operations of Genesis
Lotte REIT raises W430b in IPO ahead of Kospi listing
Hanwha showcases defense technologies at US’ largest land power expo
Facebook ups ante in video platform market
October 14, 2019
