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Renault Korea said Wednesday that its Grand Koleos Gasoline 2.0 Turbo 4WD has been selected for the National Police Agency’s multipurpose patrol vehicle program. The selection marks Renault Korea’s first entry into the segment for police vehicles with engines of 2 liters or larger. The agency is expanding and diversifying its patrol fleet, with the Grand Koleos chosen for its safety, driver comfort and performance in varied operating conditions. The model features BorgWarner’s sixth-generation a
ALICE SPRINGS/DARWIN, Australia — China's tightened grip on critical mineral exports has pushed Korean industrial groups to look to Australia’s Northern Territory for alternative supplies of rare earths and natural gas. China controls as much as 90 percent of global rare earth refining, leaving manufacturers exposed to Beijing’s export restrictions. Hyundai Motor Group, SK Innovation E&S and Posco International are now exploring projects stretching from a rare earths deposit near Alice Springs t
GM Korea became the first automaker to reach a tentative wage agreement this year, easing immediate strike concerns as labor disputes intensify across South Korea's auto industry. The company said Thursday that management and its labor union reached a tentative wage and collective bargaining agreement Wednesday after 17 rounds of negotiations. The proposed deal includes a monthly base salary increase of 92,000 won ($63) and a 15 million won performance bonus. GM Korea also pledged to make every
Hyundai Motor said Thursday that its second-quarter operating profit dropped about 21 percent as rising raw materials costs and production disruptions outweighed record-breaking revenue and robust demand for its hybrid vehicles. South Korea's largest automaker reported an operating profit of 2.85 trillion won ($1.94 billion) for the April-June period, down 20.8 percent from 3.6 trillion won a year earlier. Revenue rose 1.9 percent to 49.22 trillion won, marking the highest quarterly figure in th
Hyundai Motor and Kia said Thursday that they have opened UX Studio Shanghai, a user experience research hub in Shanghai's Jing'an District, to deepen China-specific vehicle development as competition intensifies in the world's largest auto market. The new facility will study China's fast-changing smart mobility market and consumer trends, with insights incorporated into the development of next-generation vehicles and AI-defined mobility technologies. Relocated from Huangpu District to a standal
BMW Group has launched BMW Alpina, its first new brand in 25 years, positioning the ultra-luxury marque to challenge Mercedes-Maybach in South Korea's fast-growing high-end car market. Underscoring the importance of the Korean market, BMW held Asia's first Alpina community event in Seoul on Tuesday, attended by Oliver Veillechner, vice president and head of BMW Alpina, and Maximilian Missoni, vice president and head of BMW Alpina and luxury class design. Alpina was a long-standing engineering pa
Hyundai Motor Group used its long-running FIFA partnership to showcase its robotics and future mobility technologies while reinforcing its global brand presence at the 2026 FIFA World Cup. The group has partnered with FIFA since 1999, making it the football governing body's third-longest corporate partner after Adidas and Coca-Cola. It has sponsored 13 FIFA World Cup tournaments, including the 2002 Korea-Japan World Cup. For the 2026 tournament, Hyundai Motor supplied 2,160 official vehicles, th
Hyundai Motor Group Executive Chair Chung Euisun met the king of the Asante Kingdom during a recent visit to Ghana, highlighting the South Korean automaker’s growing ties with the West African country. Chung visited Manhyia Palace in Kumasi, the capital of Ghana’s Ashanti Region, on July 15 and paid a courtesy call on Otumfuo Osei Tutu II, known as the Asantehene, one of Ghana’s most revered traditional rulers, according to local media reports and official social media posts from the palace. Chu
Chinese EV makers are turning South Korea into their next battleground, using cut-rate pricing and advanced software to challenge Hyundai Motor Group on its home turf. With BYD and Zeekr already gaining traction, XPeng, NIO and other brands are lining up to enter a market increasingly seen as a test bed for global expansion. According to industry sources on Monday, XPeng is recruiting a head of Korean operations, officially signaling its entry to Korea. After establishing XPeng Motors Korea on J
Hyundai Motor’s union ramped up pressure on the automaker Monday by launching a second round of partial strikes as wage talks with South Korea’s largest automaker remained stalled. Members of the Hyundai Motor branch of the Korea Metal Workers’ Union said it will halt work for four hours at the end of each shift from Monday through Wednesday, up from two hours per shift during their first round of strikes last week. The morning shift will suspend production from 10:50 a.m. to 3:30 p.m., while th
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