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[THE INVESTOR] Audi Volkswagen Korea said on April 6 that about one-fourth of the total number of cars it sells in Korea by 2020 will be electric vehicles. The announcement comes after the carmaker...
[THE INVESTOR] Hyundai Motor is cutting down on its production of Sonata and Elantra cars in the US due to sluggish sales, according to industry sources on April 6. Instead, the Korean carmaker pla...
[THE INVESTOR] A high-ranking government official said on April 5 that Elliott Management’s recent calls on Hyundai Motor to improve its corporate governance shouldn’t be compared to the quasi-act...
[THE INVESTOR] A facelifted Range Rover series was released in South Korea on April 5 in a bid to keep the popularity of the British luxury SUV afloat. The new Range Rover Sport is the latest marqu...
[THE INVESTOR] Upon its sell-off to China’s state-run tiremaker Qingdao Doublestar, Kumho Tire vowed to bolster its brand value through autonomous management in efforts to normalize its business, th...
[THE INVESTOR] Sales of imported vehicles in Korea jumped 20 percent in March compared with a year earlier on strong demand for German cars, industry data showed on April 5. The number of newly ...
[THE INVESTOR] Local importer of vehicle made by Fiat Chrysler Automobiles and Toyota Motor will voluntarily recall more than 531 vehicles to fix faulty parts, the Transport Ministry said on April 5...
[THE INVESTOR] Ford Sales and Service Korea launched on April 4 the flagship 2018 New Mustang, boasting upgraded driving performance with aims to step up performance in the local auto market. “We h...
[THE INVESTOR] Hyundai Motor on April 4 denied rumors that it’s trying to ditch Harman International, a wholly-owned subsidiary of Samsung Electronics , to elbow the tech giant out of the race in...
[THE INVESTOR] Revealing that it holds a US$1 billion-plus stake in Hyundai Motor Group, a unit of activist hedge fund Elliott Management on April 3 urged the Korean auto giant to come up with a mor...
[THE INVESTOR] Kia Motors, the sister company of Hyundai Motor, rolled out a fully changed version of its K9 flagship sedan with the aim of dominating the local large size sedan market, targeting Me...
[THE INVESTOR] Renault Samsung Motors said on April 2 that its March sales rose 7 percent from a year earlier on increased exports. Renault Samsung sold 27,059 vehicles in March, up from 25,281 ...
[THE INVESTOR] Kia Motors said on April 2 its vehicle sales rose 3.4 percent in March from a year earlier on recovering demand. Kia sold 242,274 vehicles last month, up from 234,390 units a year...
[THE INVESTOR] Hyundai Motor, Korea’s top automaker, said on April 2 its March sales rose 1.6 percent on-year on recovering demand for its vehicles. Hyundai sold a total of 397,041 vehicles in M...
[THE INVESTOR] SsangYong Motor said on April 2 its sales fell 13 percent last month from a year earlier due to weak overseas demand for its vehicles. SsangYong Motor sold a total of 11,369 vehic...
Samsung to miss 350 million smartphone shipment goal
Naver to invest in Sequoia’s new venture fund: report
FTC chief vows to cooperate with EU to handle issues in Korea
Samsung to sell set-top box unit
Samsung holds global strategy meetings
Korea to launch K-pop coins, blockchain platform for hallyu fans
Big Hit investor SV Investment to make KOSDAQ debut next month
CJ considers IPO of Schwan’s after acquisition: report
June 23, 2018
