Hyundai Glovis, a logistics affiliate under South Korean automobile giant Hyundai Motor Group, has tapped Lee Kyoo-bok, an executive with the carmaker, as the company’s next CEO, officials announced Wednesday. Lee, who was also promoted to the group’s executive vice president with the CEO appointment, has served as the head of the carmaker’s sales office in Europe and chief financial officer of the US manufacturing corporation. As an expert in strategic planning for overseas sa

Luc Donckerwolke, Hyundai Motor Group’s executive vice president and chief creative officer, has been promoted to the group’s president, the South Korean auto giant announced Wednesday. Donckerwolke, a Belgian native, has led the growth of the carmaker’s brand identity in the global market since he joined the company in 2016. Hyundai Motor said Donckerwolke has initiated the direction for the company’s various creative projects, including the establishment of Genesis Hous

  Korean Air, South Korea’s largest air carrier, will begin offering lie-flat seats in smaller aircraft -- its recently received Airbus 321neo -- in December, the company said Wednesday. With the introduction of the A321neo, Korean Air will become the country’s first air carrier to have lie-flat seats in a narrow-body aircraft. The A321neo, a single-aisle airplane with 182 seats, will operate on short-haul routes to China, Japan and Southeast Asia, according to Korean Air. Short

Volkswagen Korea’s bestselling sport utility vehicle Tiguan has established its position as an affordable and robust performance-based car to Korean drivers. Since making its debut in July 2008, the Tiguan has been the German carmaker’s top-selling car here. As of November, it has sold an accumulative 59,532 units, an equivalent of 270 Tiguans every month. The Korean unit predicted the accumulative sales figure to hit the 60,000 mark by the end of this year. Volkswagen Korea said it

Hyundai Motor will re-create the Pony Coupe Concept with the model’s original designer Giorgetto Giugiaro and unveil it in the coming spring, the carmaker announced Thursday at a design talk in Yongin, Gyeonggi Province. The Pony Coupe Concept is a car lost to history, as despite being unveiled at the 1974 Turin Motor Show with its prototype ready for mass production, the carmaker could not start production due to the domestic economic situation. Almost 50 years later, Hyundai Motor contac

GM Korea to relocate workers, focus on more popular compact SUVs, EVs

South Korean automaker Kia said Tuesday it took home five titles on Thursday in US market research firm J.D. Power's ALG Residual Value Awards, winning the most number of awards among its rivals. J.D. Power’s residual value assesses commercial value, quality, brand awareness and sales strategy to recognize vehicle models that are projected to hold the highest percentage of retail price when resold after three years. The awards are the industry’s standard in recognizing vehicle m

SsangYong Motor unveiled its wireless charging platform for electric vehicles under development on Monday at Coex, Seoul during an event hosted by the Ministry of Science and ICT. The carmaker displayed its first all-electric sports utility vehicle Korando e-motion equipped with a 61.6 kWh lithium-ion polymer battery and with a 22kW wireless charging system that can fully charge the electric vehicle in three hours. SsangYong Motor is currently trying to shorten the charging time and also trying

The number of flights landing and departing from Incheon International Airport will exceed pre-pandemic levels by next year. Incheon Airport was allotted 263,004 slots for the next summer season from late March to late October, during the International Air Transport Association Slot Conference held last week, according to Incheon International Airport Corp. on Monday. The Slot Conference is a working conference between IATA and non-IATA airlines worldwide for the allocation of slots at fully coo

Despite global sales expansion, Korea's automotive exports projected to suffer 4.2% drop next year

South Korea saw its number of eco-friendly vehicles exceed 1.5 million in October, data showed Sunday. According to the Ministry of Land, Infrastructure and Transport, a total of 1,515,000 units of eco-friendly vehicles, including full electric vehicles and hybrids, were registered by the end of October -- a 38.3 percent surge on-year. This comes just one year and three months after the country saw the number of eco-friendly vehicles exceed 1 million in July 2021. The ministry’s data showe

Korean carmaker named best SUV brand at 2022 LA Auto Show

Hyundai Motor Group unveiled the Genesis X convertible, a concept for the luxury brand's first full-electric convertible car, in Malibu, California, Wednesday, prior to the LA Auto show that kicks off Friday.

Volkswagen Korea debuted the new Golf GTI, the eighth-generation of the German carmaker’s gasoline-powered hot hatch, in Seoul on Tuesday before its official launch next month. Since its debut in 1976, the Golf GTI has been recognized as a reasonably priced sports car that popularizes the new car segment “hot hatch.” The upcoming Golf GTI is equipped with the EA888 2.0-liter inline 4-cylinder turbocharged gasoline engine with a maximum horsepower of 245 and a maximum torque of