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Chinese less loyal to Hyundai cars: report

Chinese consumers are less loyal to Hyundai cars than most other auto brands, according to the latest report of U.S. consulting firm McKinsey & Company.A survey on 3,500 Chinese consumers in March sho...

Updated : 2016.04.29 18:15

Vice chairman Chung on mission to transform Hyundai into mobility company

This is the second of the two-part stories on what drove Hyundai Motor Group toward its 100-million-unit milestone in cumulative car sales. -- Ed.Hyundai Motor vice chairman Chung Eui-sun, who leads p...

Updated : 2016.04.28 15:41

GM Korea gets over 2,000 preorders for all-new Malibu

GM Korea, the local unit of U.S. carmaker General Motors, said Thursday that it has received more than 2,000 preorders for the all-new Malibu midsize sedan in just a day after its official debut here....

Updated : 2016.04.28 14:07

GM seeks to be game changer with all-new Malibu

GM Korea, the Korean unit of General Motors, unveiled its all-new Malibu on Wednesday, with the goal of becoming a game changer in the midsize sedan market. Hyundai and Kia have dominated the sedan ma...

Updated : 2016.04.27 15:16

Hyundai denies rumor on sale of credit card unit

Hyundai Motor Group officially dismissed rumors Tuesday that it is seeking to sell its credit card affiliate. In a conference call for the first quarter performance of Hyundai Motor, Choi Byung-chul, ...

Updated : 2016.04.27 14:40

Kia’s operating profit jumps 24% in Q1

In contrast with Hyundai Motor, its sister automaker Kia Motors saw its operating profit jump 23.8 percent to 633.6 billion won ($554 million) in the first quarter from the same period last year, boos...

Updated : 2016.04.27 11:10

Kia Motors Q1 net grows 4.6%

Kia Motors, Korea's second-largest automaker, said Wednesday that its first-quarter net profit increased 4.6 percent from a year earlier, driven by strong demand for its SUVs and newly-launched models...

Updated : 2016.04.27 10:27

Hyundai Motor not interest in buying Hyundai Merchant

Hyundai Motor Group on Tuesday categorically denied market speculation that it may be interested in buying Hyundai Merchant Marine and Hyundai Heavy Industries, to put the two ailing firms under its u...

Updated : 2016.04.26 17:40

[Super Rich] Chung leads Hyundai’s success saga in auto

For Hyundai Motor Group, the month of April has been memorable and pride-filled, with the world’s fifth-largest automaker reaching a milestone in car sales. The combined cumulative sales of the group...

Updated : 2016.04.26 17:30

Net profit of Hyundai Motor drops 10.8% in Q1

Hyundai Motor, the nation’s top automaker, said Tuesday that its first-quarter net profit dropped 10.8 percent from a year earlier, affected by weak demand from emerging markets. In a regulatory fili...

Updated : 2016.04.26 17:10

BMW joins SOCAR’s car-sharing lineup

SOCAR, a local car-sharing service start-up, said Tuesday that BMW’s luxury vehicles are joining its car lineup to meet the growing demand for high-end models among users. The premium lineup, named “...

Updated : 2016.04.26 15:36

Renault Samsung CEO confident of meeting SM6 sales target this year

The chief executive of Renault Samsung Motors, the Korean unit of French automaker Renault S.A., said he expects the company will be able to meet its sales target for the SM6 sedan this year.    Re...

Updated : 2016.04.26 13:49

Volkswagen to recall 2,473 Touaregs for brake problems

Audi Volkswagen Korea, the local unit of the German carmaker Volkswagen, will recall 2,473 Touareg sports utility vehicles for a defect in their brake pedals, the Korean transport ministry said Tuesda...

Updated : 2016.04.26 13:42

Hyundai Motor to roll out electric SUV by 2018

Hyundai Motor said Monday that it plans to roll out its first electric sport utility vehicle by 2018. Hyundai’s Namyang R&D Center is currently developing the electric SUVs, which can go up to 320 ki...

Updated : 2016.04.25 20:27

Korean carmakers go green, compact in Beijing show

Korean automakers will showcase mainly eco-friendly, hybrid and compact vehicles during the Beijing motor show that kicked off Monday, in an effort to capture greater market share in China. Hyundai Mo...

Updated : 2016.04.25 16:08