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More jobs to come with Hyundai Motor’s US expansion

Despite the slowing sales and heated competition in the US auto market, Hyundai Motor plans to increase its investment there in the next five years, with its expanding operations forecast to impact th...

Updated : 2017.06.27 18:32

Posco retains most competitive steelmaker title for 8th year

Posco was named this week as the world’s most competitive steelmaker for the eighth consecutive year, the company said Tuesday, with the leading South Korean steel producer poised to take over the gl...

Updated : 2017.06.27 18:14

Kepco to begin operating EV charging stations

South Korea‘s state-run utility provider Korea Electric Power Corporation said Tuesday that it will begin operating its 1,560 electric vehicle charging stations in the nation starting on July 3.Of th...

Updated : 2017.06.27 16:13

SNU’s self-driving car completes first test drive in city

SNUver 3 conducts a test drive last week in Yeouido, western Seoul. YonhapSelf-driving car developed by Seoul National University’s Intelligent Vehicle IT Research Center named SNUver 3 has become So...

Updated : 2017.06.25 16:18

[Behind the Wheel] Kia Motors‘ premium sports sedan Stinger lives up to its title

Kia Motors, South Korea’s second-largest automotive company, rolled out its first premium sports sedan Stinger last month in an attempt to foster sluggish sales by capturing male drivers in their 30s...

Updated : 2017.06.25 16:17

Korea's 5 major carmakers engage in wage talks: sources

Labor unions of South Korea's five leading carmakers are in the process of negotiation with their managements to narrow differences over pay raises and other issues, industry sources said Sunday.Worke...

Updated : 2017.06.25 14:04

SUVs make up more than 40% of all new cars sold in Korea

Sport utility vehicles accounted for four out of 10 new cars sold in South Korea in May, official data showed Sunday.According to the Korea Automobile Manufacturers Association crossovers accounted fo...

Updated : 2017.06.25 10:34

Total value of import cars drop 11% in 2017: KITA

Total value of imported vehicles dropped 10.9 percent in the first five months of this year mainly due to weak demand for diesel cars, local trade data showed Sunday.According to the Korea Internation...

Updated : 2017.06.25 10:19

Kia Motors tops US quality test for 2nd year

Kia Motors Corp., South Korea's second-largest carmaker, has ranked highest among global brands in a US quality test for the second consecutive year, a US market tracker has said."Kia ranks highest in...

Updated : 2017.06.22 10:14

BMW to sell 10 millionth 520d in Korea auction

BMW said Wednesday it will sell its 10 millionth 5 series model through an auction in South Korea later this month. It is the first time for an imported carmaker to sell their limited editions in an a...

Updated : 2017.06.21 18:02

Kia Motors unveils small SUV Stonic in Europe

Kia Motors’ small SUV Stonic is unveiled in Amsterdam, the Netherlands. Hyundai Motor GroupKia Motors, South Korea’s No. 2 automotive company, has unveiled the small sport utility vehicle Stonic in ...

Updated : 2017.06.21 15:23

Tesla Korea begins deliveries of Model S 90D

Tesla Korea, a wholly-owned unit of the US-based electric car giant, on Tuesday started deliveries of its flagship Model S 90D cars, the company said.Owners of Tesla cars are now able to use autopilot...

Updated : 2017.06.21 00:02

Foreign carmakers seek bigger market portion with new models in H2

Riding on the sales momentum of imported cars in South Korea, foreign auto brands are planning to release new models in the second half of this year and to improve after-sales service.Imported cars have increasingly expanded their presence here, recording a boost in sales in the first five...

Updated : 2017.06.21 00:02

[Monitor] Fruit price hit highest in 4 years

 The price of major fruits sold in South Korea has hit the highest level in four years last month, data showed Tuesday. According to the data compiled by Statistics Korea, the price index of 15 major...

Updated : 2017.06.20 16:38

Hyundai begins production of Kona SUV

ULSAN, South Korea (Yonhap) -- Hyundai Motor Co. said Tuesday that it has begun production of its all-new subcompact Kona SUV, a move to bolster its lackluster sales in global markets.The country's b...

Updated : 2017.06.20 15:24