The Korea Herald

Race to acquire Eastar Jet heats up as more companies enter bidding process

Jun 1, 2021

Hopes coalesce around a deal to save troubled budget airline
Renault Samsung's May sales drop 13% on weak domestic demand

Jun 1, 2021

Renault Samsung Motors Corp. said Tuesday its sales fell 13.3 percent last month from a year earlier due to weak domestic demand. The South Korean unit of Renault S.A. sold 10,348 vehicles in May, d...
Several investors submit LOIs for budget carrier Eastar

May 31, 2021

Financially troubled budget carrier Eastar Jet Co. has received letters of intent (LOIs) from some investors for its stake up for sale and will select a final bidder next month. Easter Jet, currentl...
FTC orders Ford to correct false marketing claim

May 31, 2021

Ford Sales and Service Korea received a correction order from the Fair Trade Commission for misrepresenting one of its vehicles as having a rear braking support system, the watchdog agency said Monda...
Hyundai, Kia's eco-friendly car exports up 47% in Jan.-April

May 31, 2021

Hyundai Motor Group's eco-friendly vehicle exports jumped 46.6 percent in the first four months of this year compared with a year earlier, led by robust demand for its electric vehicle (EVs) and hybr...
Audi Volkswagen Korea promises to go net zero by 2050

May 31, 2021

German automaker opens ‘goTOzero’ exhibition in Seoul to raise awareness of need to reduce carbon footprint
Kumho Tire aims to lead local tire market with SOLUS TA51

May 30, 2021

Kumho Tire is looking to bolster its share of the local tire market with its latest all-season model SOLUS TA51, launched in April. SOLUS TA51 is the tire maker’s first new product in three years, a...
BMW Korea boosts benefits for its premium members

May 27, 2021

BMW Korea plans to add more benefits to its existing premium membership program provided to owners of its Luxury Class models, the global carmaker announced Thursday. For members of the BMW Excellen...
[Behind the Wheel] Solid family vehicle Volvo XC90 made more eco-friendly with B6 engine

May 27, 2021

Ample interior space makes Volvo XC90 B6 a safe choice for heavy packers, campers
LG Innotek recognized for product quality by global car maker

May 26, 2021

LG Innotek, LG Group’s materials and components maker, received the Jaguar Land Rover Quality Certificate from the global car maker, the company announced Wednesday. Jaguar Land Rover awards a qua...
Genesis G80 earns top safety award from IIHS

May 26, 2021

South Korean luxury car brand Genesis' G80 sedan has earned the highest safety rating from the Insurance Institute for Highway Safety (IIHS), the US auto safety organization said Wednesday. The G80 ...
Kia to again suspend US plant over chip shortage

May 24, 2021

Kia Corp., South Korea's No. 2 carmaker, plans to suspend its factory in the United States for two days later this week due to a semiconductor shortage, company officials said Monday. Kia plans to i...
[Behind the Wheel] Limited-edition Maserati Levante S made more luxurious with Italian leather

May 20, 2021

Only 20 units of the Levante S GranSport Zegna Pelletessuta are available in South Korea
SK Innovation, Ford to announce EV battery joint venture in US: sources

May 20, 2021

South Korean battery maker SK Innovation Co. and American automaker Ford Motor Co. are set to announce a battery joint venture in the United States to ensure a stable supply of batteries for electric...
All S. Korean airlines except Korean Air post Q1 operating losses for first quarter

May 18, 2021

Korean Air posts operating profit but budget airlines hit hard by prolonged pandemic