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SsangYong Motor said on April 29 its net loss narrowed in the first quarter from a year earlier on robust sales of sport utility vehicles. Net loss narrowed to 26 billion won ($22 million) in the...
Renault on April 29 temporarily halted operations at its only plant in South Korea amid a drawn-out dispute with its labor union over wages and working hours. Renault Samsung Motors, the Korean u...
Eight foreign carmakers and importers of foreign cars will voluntarily recall over 20,000 vehicles to repair faulty components, the Transport Ministry said on April 18. This is the latest in a se...
High-emission vehicles will be restricted from the center of Seoul beginning in July this year, as part of the municipal government’s new policy measures to reduce fine dust pollution in the capital,...
German luxury carmaker BMW hopes that its remodeled compact sedan, the all-new 3 Series, will help it recover from its sluggish sales in South Korea this year, company officials said on April 11. ...
Hyundai Motor and imported carmakers will voluntarily recall over 62,000 vehicles to repair faulty components, the government here said on April 11. This is the latest in a series of recall plans fo...
Kia Motors’ labor union has called for halting the US production of its brand new Telluride three-row sport utility vehicle as weak vehicle sales can jeopardize jobs in South Korea, industry sources ...
Hyundai Motor and its sister company Kia Motors saw record-high first-quarter SUV sales in the US, where sport utility vehicles and pickup trucks are dominant, industry data showed on April 7. Ki...
BMW Group Korea said on April 4 it has recalled 94 percent of its vehicles that use faulty parts in the wake of dozens of engine fires last year. The carmaker said it has has fixed the faulty exh...
Imported vehicle sales in South Korea fell 32 percent in March from a year earlier due mainly to a lack of products, industry data showed on April 3. The number of newly registered foreign vehicl...
The ratio of sedans in South Korea’s domestic vehicle sales fell to below 50 percent for the first time last month due to higher demand for sport utility vehicles, industry data showed on April 3. ...
Hyundai Motor said on April 1 its sales fell 2.2 percent last month from a year earlier on weak overseas demand. The automaker sold 389,160 vehicles in March, down from 397,747 units a year earlier,...
German carmaker BMW on April 1 named a new CEO for its South Korean operations in a move to prop up sales in Asia’s fourth-biggest economy. The carmaker has promoted BMW Group Korea President Han...
GM Korea said on March 28 that two US-made vehicles will be added to its lineup to boost sales. The carmaker plans to launch the large Traverse SUV and the midsize Colorado pickup truck in the Ko...
Hyundai Motor said on March 27 that its all new entry-level sport utility vehicle, to be unveiled at the New York auto show, will be called the Venue. South Korea’s largest carmaker said the smal...
Samsung’s financial units brace for changes with new CEOs
S. Korea to launch financial data exchange platform in March
Student-led venture vibe livens up Seoul basement
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
January 23, 2020
