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[THE INVESTOR] Auto parts affiliates of Hyundai Motor Group suffered sales declines last year due mainly to their heavy reliance on Hyundai Motor and Kia Motors, an auto association said on Aug. 1. ...
[THE INVESTOR] A group of Korean customers filed a class-action lawsuit on July 30 against German automaker BMW over a defective part that may cause fires in one of its popular sedans, industry sour...
[THE INVESTOR] Korea’s exports of passenger cars declined in the second quarter from a year earlier due to sluggish demand in major markets, including the United States, government data showed on Ju...
[THE INVESTOR] Kia Motors said on July 27 its second-quarter net profit fell 15 percent from a year earlier on a strong won and increased incentives to cut inventories. Net profit for the three ...
[THE INVESTOR] Hyundai Motor and its 51,000-member union have agreed on a wage deal for this year without staging a strike that is expected to give the carmaker more breathing room in the face of un...
[THE INVESTOR] Hyundai Mobis, the country’s biggest auto parts maker by sales, said on July 26 its first-half net profit fell 18 percent as reduced US output affected its bottom line. Net profit...
[THE INVESTOR] BMW Korea will voluntarily recall 106,317 vehicles to fix a faulty component that may cause fires in the engine area of 42 different models, the Transport Ministry said on July 26. ...
[THE INVESTOR] Hyundai Motor said on July 26 its second-quarter net profit fell 11 percent as a strong won and increased fixed costs cut into its bottom line. Net profit for the April-June perio...
[THE INVESTOR] Hyundai Motor has invested in last-mile logistics companies as part of efforts to secure a new growth driver, the company said on July 24. Last-mile logistics refers to the final...
[THE INVESTOR] Hyundai Motor and the importer of General Motors’ premium brand Cadillac models will voluntarily recall vehicles to fix faulty parts, the transport ministry said on July 25. It is...
[THE INVESTOR] Kia Motors on July 24 launched the upgraded Sportage sport utility vehicle in the domestic market to help boost sales. The Bold model comes in three versions, one with a 2.0-liter...
[THE INVESTOR] SsangYong Motor said on July 23 it will set up its first direct overseas sales subsidiary in Australia in November to absorb growing local demand for sport utility vehicles. Upon ...
[THE INVESTOR] Hyundai Mobis, the auto parts making unit of Hyundai Motor Group, has implemented artificial intelligence to its software screening process and document search system for improved eff...
[THE INVESTOR] Korea's finance minister has called on his US counterpart to have the Asian country exempt from America's planned auto tariffs, the Seoul government said on July 22. Kim Dong-yeon ma...
[THE INVESTOR] Kia Motors’ Carnival continued its dominance of the domestic minivan market in the first half and is on pace to make the list of the nation‘s top-five best-selling vehicles this year,...
[INTERVIEW] Banksalad out to tackle info asymmetry
BTS renews contract with Big Hit Entertainment
SKINFOOD sued by franchisees for seeking court receivership
WeWork to launch new co-working space in Busan
Ediya Coffee plans second shot at Chinese market
Bank ownership rules eased for Kakao, Naver
SKINFOOD to close outlets in E-mart, E-Land Retail
Chinese crypto exchange BTCC to launch service in Korea
October 19, 2018
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