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Hyundai, Kia fell behind global rivals in profitability last year: sources

Hyundai Motor Co. and its affiliate Kia Motors Corp. fell far behind global rivals in profitability last year due to a strong won and declining sales in China and the United States, industry sources ...

Jan 28, 2018
Automode
Hyundai’s 2017 operating profit low due to THAAD, strong won

Hyundai Motor, the nation’s largest carmaker, saw its net profit last year hit the lowest mark in seven years, due to the strong Korean currency and sluggish sales in China. In a regulatory filing r...

Jan 25, 2018
Automode
Hyundai Motor opens multicultural family center in Vietnam

Hyundai Motor has turned an old college building into a center for multicultural families in the Vietnamese city of Can Tho, to bridge the cultural gap and provide Korean language services, the compa...

Jan 25, 2018
Automode
[Photo News] Sharing Burden

(From left) Hyundai Motor President Chung Jin-haeng, SMEs and Startups Minister Hong Jong-haak and Korea Foundation for Cooperation of Large and Small Businesses, Rural Affairs Secretary-General Kim ...

Jan 24, 2018
Automode
Jaguar SUVs ready to take on Korean streets

From compact to electrified SUV, British carmaker set to complete its Pace lineup this year

Jan 24, 2018
Automode
Korea to invest 11.9 billion won in unmanned vehicle sector in 2018

South Korea will invest 11.9 billion won ($11.1 million) in 2018 to develop unmanned vehicles, including the first passenger drones, the science ministry said Wednesday, as the country aims to emerge...

Jan 24, 2018
Automode
[Herald Interview] ‘Robo taxis to transform auto industry’

Samsung’s US partner in self-driving development says robo taxis pose threat yet opportunity for carmakers

Jan 23, 2018
Automode
Mercedes-Benz Korea to roll out 20 models in 2018

Mercedes-Benz Korea, the local importer and distributor of the German automaker, will launch 20 models, including two plug-in hybrids, this year, with an aim to sell over 70,000 units, the company sa...

Jan 22, 2018
Automode
Hyundai ranks as No.1 CSR company in China

Hyundai Motor, South Korea’s top automotive company by sales, ranked No. 1 in terms of contribution to society in China last year, the company said. This marks the first time that a foreign-based co...

Jan 22, 2018
Automode
Cadillac reaps record sales in Korea last year

Cadillac of GM Korea said Friday it had marked the largest-ever yearly sales record in Korea, selling 28,000 units, and aimed to focus on quality growth through new releases and reinforced services t...

Jan 19, 2018
Automode
Mercedes-Benz’s EQ makes Korean debut

Mercedes-Benz’s electric vehicle sub-brand EQ has made Korean debut on Friday, by displaying its plug-in hybrid SUV at the new terminal of Incheon International Airport. Mercedes-Benz The 2018 GLC ...

Jan 19, 2018
Automode
Hyundai, Kia see record-high new car registrations in Europe 2017

Hyundai and Kia Motors, South Korea’s top two automotive companies by sales, posted a record-high 995,383 units of newly registered vehicles in Europe last year, industry data showed Thursday. The c...

Jan 18, 2018
Automode
Hyundai Motor Group moves to improve shareholder rights

Hyundai Motor Group has decided to select a director representing shareholders out of candidates recommended by shareholders, seeking to boost shareholder’s rights and interest, the group said Thursd...

Jan 18, 2018
Automode
Hyundai Motor vice chairman pledges W23tr investment in new businesses

YONGIN, Gyeonggi Province -- Hyundai Motor Vice Chairman Chung Eui-sun on Wednesday met with Finance Minister Kim Dong-yeon, pledging to invest some 23 trillion won ($21.6 billion) and hire 45,000 wo...

Jan 17, 2018
Automode
Concept cars from Japan automakers offer glimpse into future

DETROIT — Japanese vehicle brands are exploring new design ideas — and figuring out what sets them apart from their US and European rivals — with new prototype vehicles. Nissan, Infiniti and Lexus a...

Jan 17, 2018
Automode

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114