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Kia Motors on June 3 unveiled renderings of its face-lifted K7 sedan ahead of its domestic launch in the coming weeks. The upgraded K7 upper midsize sedan comes with a bolder tiger nose grille an...
Hyundai Motor and affiliate Kia Motors said on May 29 their sales in the United States improved in the first four months of the year, but their slump in China continued. In the January-April peri...
German luxury carmaker BMW said on May 28 it will release its new 7 Series globally in the first half of this year. Some partial moderations have been made to the new model. Its design emphasizes lu...
SK Innovation said on May 27 it will expand its electric vehicle battery production capacity 20 times more than the current level by 2025 to meet growing demand and expand its presence in the promisi...
Toyota Motor on May 21 launched the all-new RAV4 SUV in South Korea to meet growing demand for the vehicle type. The Japanese carmaker came up with the fifth-generation RAV4, the first fully chan...
Korea’s second-largest automaker Kia Motors has established a service center dedicated to electric vehicles for the first time in the country, the firm said on May 19. The automaker has set up an ...
Hyundai Motor said on May 16 it will supply 5,000 vehicles to Middle Eastern ride-hailing firm Careem Networks by December. The move is part of Hyundai’s drive to transform itself into a smart mo...
South Korea’s overall auto output increased from a year earlier last month, helped by an increase in both exports and local sales, data showed on May 16. In April, the combined output of five car...
Renault Samsung Motors and its labor union said on May 16 they have reached a tentative agreement over wages and working conditions, possibly ending their drawn-out labor dispute that was feared to u...
Hana Financial Group said on May 15 it has won an international arbitration suit against U.S. buyout group Lone Star over its purchase of KEB Hana Bank, formerly known as Korea Exchange Bank. Lon...
SK Innovation said on May 15 it will invest 580 billion won ($487 million) to build an electric vehicle battery plant in China. In a regulatory filing, SK Innovation, a latecomer to the EV batter...
Hyundai Motor and its affiliate Kia Motors said on May 14 they will jointly invest 80 million euros ($90 million) in Croatia’s electric carmaker Rimac Automobili. Hyundai Motor Group Executive Vi...
Daimler Trucks Korea and Volvo Trucks will voluntarily recall 259 vehicles to repair faulty components, the Transport Ministry said on May 9. This is the latest in a series of recall plans for lo...
Hankook Tire Group, South Korea’s biggest tire manufacturer by sales, said on May 8 it has changed the names of its affiliates to better reflect its efforts to transform itself into a technology-focu...
Kia Motors on May 8 launched the upgraded Stinger sports car with more safety features to boost sales in the domestic market. The 2020 Stinger comes with a 2.0-liter gasoline turbo engine, a 3.3-...
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
