The Korea Herald

HDC shoots back at Kumho

Aug 6, 2020

Claims Kumho never fully delivered their side of bargain, 2nd review neccessary to prevent insolvencies
Incheon Airport offers lower rent to house duty-free shops

Aug 6, 2020

Incheon Airport said Thursday it has begun the bidding process to seek duty-free store operators in new rent deals, as it promised 30 percent lower rent prices than previously proposed to soften the ...
Hyundai Motor, Urban-Air Port to develop urban air mobility

Aug 6, 2020

Hyundai Motor will join hands with British mobility company to speed up the development of infrastructure related to urban air mobility, the automaker confirmed Thursday. Hyundai Air Mobility, a uni...
Mercedes-Benz Korea appoints Vice President Kim Jee-seop as interim CEO

Aug 5, 2020

Mercedes-Benz Korea said Wednesday it appointed Kim Jee-seop, vice president of customer services department, as interim president and CEO. Bjorn Hauber, president of Mercedes-Benz Sweden and Denmar...
Jeju Air suffers major setback as operating loss more than doubles

Aug 5, 2020

South Korea’s largest low-cost carrier Jeju Air suffered an operating loss of 84.7 billion won ($73.3 million) during the second quarter this year, raising its net operating loss for the first half o...
Hyundai Motor’s US sales turns positive in 5 months

Aug 4, 2020

Hyundai Motor’s sales in the US market rose slightly over a period of five months, after struggling from the pandemic. Hyundai Motor America said Tuesday it reported total sales of 57,677 units last...
Korean shipbuilders win consecutive orders despite pandemic

Aug 4, 2020

Expectation grows for additional orders in H2
[Behind the Wheel] SsangYong’s Rexton Sports Dynamic Edition shows off strength off-road

Aug 2, 2020

The Dynamic Edition is equipped with 18-inch black alloy wheels, sports pedals and off-road side-steps, for better performance on such tough road conditions. The car’s body-on-frame structure gave a...
Seoul seeks to phase out diesel cars from public sector by 2025

Aug 1, 2020

Seoul plans to phase out diesel cars from public sector and mass transit fleets by 2025 as part of efforts to accelerate its transition to green mobility. The metropolitan government unveiled a "No ...
Korean Air flight flew to Japan with mechanical damage: BAI

Jul 31, 2020

Korean Air flew a damaged plane in 2018 without being aware of it until landing in Japan, and then falsely reported that the damage happened after the flight, an audit report said Friday. According ...
Incheon Airport, golf course operator to meet Wednesday over lease dispute

Jul 31, 2020

Incheon International Airport Corp. said Friday that it is fully cooperating with the Korean Anti-Corruption and Civil Rights Commission’s investigation into a lease dispute surrounding a golf course...
BMW Motorrad opens preorders for new R 18 cruiser in South Korea

Jul 31, 2020

BMW Motorrad said Friday it is opening the preorders for new R 18 cruiser in South Korea, before the official launch in September. According to the company, the new R 18 model, which has been inspir...
Korean Air to supply ‘hybrid drones’ to military

Jul 30, 2020

Korean Air has signed a supply deal for hybrid drones for the military, with plans to send the first batch of six units sometime in late October, the company said Thursday. As part of the deal, whic...
Tit-for-tat escalates on Asiana-HDC deal

Jul 30, 2020

Tension surged in the aviation industry Thursday, with HDC Hyundai Development Co. and Asiana Airlines trading barbs over who is to blame for the lagging acquisition process. HDC on Thursday repeate...
KAIDA chairman suspended on sexual harassment allegations

Jul 29, 2020

Korea Automobile Importers and Distributors Association on Wednesday suspended its Chairman Pablo Rosso after he was accused of sexual harassment and assault. Earlier on Friday, the president of Fia...