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[THE INVESTOR] Swedish Volvo Trucks aims to capture more share in the Korean commercial vehicle market by enhancing customer network, introducing new technologies and exploring partnerships with loc...
[THE INVESTOR] SsangYong Motor, owned by India’s auto giant Mahindra & Mahindra, plans to roll out a brand-new luxury pickup truck next year to continue its recent sales streak. “We are planning to...
[ THE INVESTOR ] The South Korean sales unit of Swedish commercial vehicle brand Volvo Trucks said on June 8 it aims to become the second-largest player in the country by securing 20 percent of the...
[ THE INVESTOR ] Kia Motors’ Stinger sports sedan has generated a strong response in Korea since its launch last month. Kia added the Stinger to its lineup to enhance its brand image and compete...
[ THE INVESTOR ] BMW Korea appears to be catching up with Mercedes-Benz Korea, the No. 1 importer of automobiles here, with the former topping the list of newly registered cars for two consecutive ...
[ THE INVESTOR ] Derrick Hatami, Hyundai Motor America’s vice president of sales, has stepped down, leaving a leadership vacuum in the South Korean carmaker’s US operation. This came six months af...
[THE INVESTOR] Hyundai Motor on June 7 said it has tied up with Chinese tech-giant Baidu to equip AI-powered technologies in vehicles sold in the world’s largest auto market. Hyundai and Baidu hav...
[ THE INVESTOR ] Sales of imported vehicles in Korea fell 0.5 percent last month from a year earlier, industry data showed on June 7. The number of newly registered foreign cars fell to 19,380 in ...
[THE INVESTOR] Competition among local automakers in the local SUV market is expected to heighten this summer, as sport utility vehicles have become cash cows for automakers amid declining sales wor...
[THE INVESTOR] Hyundai Motor has hired Simon Loasby, head designer of Volkswagen Group China, to lead its design team in China, the company said on June 6. Loasby will become the head of Hyundai ...
[THE INVESTOR] A Seoul court has ruled against dozens of Koreans who sued the local unit of German carmaker Volkswagen for infringing on their right to health by rigging emissions data, officials sa...
[ THE INVESTOR ] Samkee Automotive, a local auto parts manufacturer, vowed to reduce its high dependence on Hyundai Motor and lift sales to global clients, including Volkswagen and General Motors. ...
[ THE INVESTOR ] Hyundai Motor and Kia Motors saw their combined sales in China plunge 65.1 percent last month, auto analysts said on June 5. In May, Hyundai and Kia sold 52,485 vehicles in Ch...
[THE INVESTOR] Renault Samsung Motors plans to hire 120 new employees in the second half of this year, the automaker said on June 5. In total, the local unit of France’s Renault Group will add 200 s...
[THE INVESTOR] Hyundai Motor and Kia Motors have sold more than 500,000 hybrid vehicles in May, the companies said on June 5. Hyundai and Kia, which together form the world’s fifth-biggest carma...
This week's DECODED X
Samsung's share in Chinese smartphone market falls to 3%
Celltrion’s earnings double on strong Remsima sales
SK hynix increases facility investment to W10tr
Hyundai Kona sales to exceed 10,000 units in July
Renault likely to produce Twizy in Korea
Samsung Bioepis heats up price war in Remicade biosimilar market
SK to invest W372b in Chinese logistics firm
