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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 ...
South Korea said on June 20 it will set up the world’s first 5G-based autonomous car driving test bed in the capital city as it strives to take the lead in future mobility technology. The Sangam ...
Ten car manufacturers and importers will voluntarily recall over 40,000 vehicles due to faulty components, the transport ministry said on June 20. This is the latest in a series of recall plans f...
Renault Samsung Motors on June 18 began to sell its liquefied petroleum gas-powered QM6 SUV in the domestic market. The QM6 LPe is the first LPG-fueled SUV in the South Korean SUV market. The fac...
Four out of 10 vehicles sold in South Korea from January to May were sport utility vehicles, reflecting growing demand for recreational vehicles, industry sales data showed on June 17. In the fir...
Chung Eui-sun, Hyundai Motor Group executive vice chairman, called for world leaders to take action for the hydrogen-focused energy transition during the Group of 20 meeting of environment and energy...
Following the change in its name last month to Hankook Tire & Technology, the firm said Sunday it plans to lead the global original equipment tire market by beefing up its research and development o...
Hyundai Motor Group said on June 13 it has invested in US self-driving car startup Aurora Innovation to enhance its autonomous vehicle technologies. In the partnership, the South Korean auto grou...
Renault Samsung Motors on June 12 imposed a partial lockout at its main plant in Busan amid falling sales and snowballing output losses in the wake of its drawn-out dispute with the labor union. ...
SsangYong Motor on June 4 launched the upgraded Tivoli SUV in the domestic market as it seeks to further boost sales. The face-lifted Tivoli comes with a 1.5-liter gasoline turbo or a 1.6-liter d...
Yanolja preps to go public in 2022
Antitrust watchdog drafts law to regulate online platforms
Kakao Pay eyes IPO next year
SC Bank Korea partners Toss to launch short-term personal loan
Big Hit’s offering price fixed at 135,000 won
Proptech startup Kasa Korea attracts W9.2b in series B funding
Korean lenders struggle with New York hotel-retail project investment
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS
September 30, 2020
