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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...
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...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 16, 2021
