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Hyundai Motor on Feb. 17 confirmed a report that it had reached a tentative settlement with plaintiffs in a class-action lawsuit in the US over panoramic sunroofs that shattered suddenly, although th...
The Interior and Safety Ministry said on Feb. 12 it has fined Audi Volkswagen Korea and the state-run Korea Occupational Safety and Health Agency for violating a law on the protection of private info...
Hyundai Motor Group said on Feb. 12 that six of its vehicles have won the iF Design Award this year, marking the fifth straight year its cars have received recognition. Hyundai Motor’s new flagsh...
Kia Motors confirmed on Feb. 11 it has partnered with Korea Electric Vehicle Charging Service and traffic solutions corporation STraffic to secure and expand electric vehicle-charging infrastructure ...
Mercedes-Benz outsold local carmakers to finish fourth in domestic sales in January, industry data showed on Feb. 11. The Korean unit of the German automaker sold 5,796 vehicles last month, equal...
South Korea’s automobile production slipped by 2.1 percent last year, falling a third year in a row, according to industry data on Feb. 10. The Korea Automobile Manufacturers Association said that S...
Hyundai Motor and its affiliate Kia Motors have started off 2019 on a positive note in the US auto market, the automotive conglomerate’s data showed on Feb. 7. In January, Hyundai recorded a 1.9 per...
Hyundai Motor said on Feb. 1 its sales fell 7.7 percent last month from a year earlier on weak overseas demand. The carmaker sold 313,313 vehicles in January, down from 339,374 units a year earlier,...
[THE INVESTOR] SsangYong Motor said on Jan. 31 its net loss narrowed for the October-December period from a year earlier on a strengthened lineup. It’s net loss reached 3.99 billion won (US$3.59 mil...
[THE INVESTOR] Exports of passenger car exports from Korea rose 18.5 percent in the fourth quarter of 2018 from a year earlier due to increased demand in the United States, Russia and Canada, custom...
[THE INVESTOR] Hyundai Motor said on Jan. 30 it has set up a sales subsidiary in China for the sale of its independent Genesis brand luxury vehicles. The move is part of the Korean carmaker’s st...
[THE INVESTOR] BMW Korea has replaced more than 100,000 units of the exhaust gas recirculation component in affected vehicles since a recall started five months ago, the company said on Jan. 29. ...
[THE INVESTOR] Efforts to revive a ruptured investment project between Gwangju City and Hyundai Motor are under way, a government official said on Jan. 28. “We are talking with Hyundai and the l...
[THE INVESTOR] Hyundai AutoEver, an affiliate of Korean automotive conglomerate Hyundai Motor Group, has won approval for its planned initial public offering on the country’s main stock exchange, th...
[THE INVESTOR] SsangYong Motor said on Jan. 28 it will launch an all-new sport utility vehicle in March to boost sales. The carmaker has developed a midsize SUV under the project name C300 and h...
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
