Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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Seoul to promote luxurious side of the city
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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6 companies to recall over 120,000 vehicles
Hyundai Motor Co., Honda Motor Korea Co. and four other companies will recall more than 120,000 vehicles due to faulty components, the transport ministry said Sunday. This is the latest in a series of recall plans for local and overseas carmakers, and importers of foreign vehicles. Hyundai Motor, Ford Motor Co., Porsche, BMW, Honda and Ducati are recalling 22 models amounting to 122,350 units, the Ministry of Land, Infrastructure and Transport said in a statement. The problems include a fa
Nov. 3, 2019
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GS Group to establish VC firm in Silicon Valley
GS Group said Thursday it will establish a venture capital firm in Silicon Valley in the first half of next year, as part of its plan to seek new growth engines.The decision was made during a two-day meeting of top executives held in Taipei, Taiwan, chaired by GS Group Chairman Huh Chang-soo. The list of executives who attended the meeting includes, GS Engineering and Construction Vice Chairman Huh Myung-soo, GS Home Shopping Vice Chairman Huh Tae-soo and GS Vice Chairman Jeong Taek-geun.
Oct. 31, 2019
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Renault Samsung partners LG Chem for ESS development
Renault Samsung Motors, a South Korean subsidiary of French carmaker Renault, has forged a partnership with LG Chem to develop energy storage systems with used batteries, the companies said Thursday. The carmaker has provided 40 units of used batteries from its electric vehicle SM3 Z.E. to its counterpart to help the latter develop and start testing a new type of ESS by 2021.Renault Samsung plans to provide batteries that have reached retirement age from its ultramini EV Twizy and other EVs plan
Oct. 31, 2019
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Hyundai unveils upgraded hydrogen bus for Korean police
Hyundai Motor unveiled an upgraded version of fuel cell electric bus powered by hydrogen for the Korean police on Thursday, in line with the law enforcement agency’s plan to turn its entire bus fleet green.The carmaker had previously introduced city bus-type hydrogen vehicles for the law enforcement agency, but it is the first model with large cargo space for police equipment and is suitable for long-haul travel. The latest model has two 95 kilowatt fuel cell stacks with hydrogen tanks pla
Oct. 31, 2019
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Hyundai Motor invests in hydrogen tech companies overseas to lower costs
Seeking to lower the cost of manufacturing fuel cell electric vehicles and of producing and storing hydrogen, Hyundai Motor will make strategic investments in three companies in Europe and in the Middle East and pursue technical cooperation, the company said Wednesday. Hyundai Motor has agreed to work with Impact Coatings AB of Sweden, a supplier of PVD-based coating solutions for fuel cells; H2Pro of Israel, a startup that developed an electrochemical, thermally active chemical (E-TAC) water-sp
Oct. 30, 2019
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Hyundai names new Genesis head
Manfred Fitzgerald who led Genesis, the luxury brand of Hyundai Motor, for nearly four years has tendered his resignation citing personal reasons, the company said Tuesday.The former director of brand and design Lamborghini joined the company in January 2016, and is said to have contributed to raising the brand’s profile in a short period of time. Genesis G70, the smallest sedan of the family, was named the Car of the Year in North America, early this year.Fitzgerald will be replaced by Le
Oct. 29, 2019
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Hyundai, Taavura forge partnership for future mobility
South Korean carmaker Hyundai Motor and Israeli mobility firm Taavura have forged a partnership to seek business opportunities in future mobility, the companies said Tuesday.Established in 1955, Taavura is a logistics service firm that transports ground and air cargo and also imports and distributes vehicles as well as providing public transportation services. The Israeli company has been seeking to transform into an innovative company in the Middle East, expanding its business to information te
Oct. 29, 2019
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Greenpeace slams Hyundai Motor’s green car strategy
The Seoul branch of Greenpeace has slammed South Korean carmaker Hyundai Motor, claiming that its green car strategy falls short of global movements on climate change.In a statement published on Friday, the nongovernment organization argued that Hyundai’s plans to raise both production and sales capacity of electric vehicles to 850,000 a year by 2025 accounts for only 10.3 percent of its 2018 sales. Despite the global efforts to curb carbon emissions, the carmaker is still producing diesel
Oct. 27, 2019
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Hyundai unveils teaser images for face-lifted New Grandeur
Hyundai Motor Group has unveiled the new design and specifications of its premium flagship sedan Grandeur’s sixth-generation model.The drastic design changes of the New Grandeur model were highly anticipated as Hyundai recently adopted the concept of “sensuous sportiness,” focusing on making the car body longer and sleeker, aiming for futuristic automotive designs. For the first time, Hyundai has applied an integrated-type front grill and head lamp design, decorating the
Oct. 24, 2019
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Fully changed 8th generation New Audi A6 unveiled in Korea
Audi unveiled its bestselling premium business sedan A6’s fully changed version in South Korea on Wednesday.The all-wheel drive New Audi A6 comes in two trims: New Audi 45 TFSI Quattro and New Audi 45 TFSI Quattro Premium. Both models run on 2.0-liter four-cylinder turbocharger engines and use the seven-speed S tronic dual-clutch transmission, producing 252 horsepower and a maximum 37.7 kilogram-meters torque. Audi said it has applied its new Audi design language, upgrading A6 with sportin
Oct. 23, 2019
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Hyundai Mobis invests $50m in Velodyne for lidar development
Hyundai Mobis, a top-tier auto parts maker in South Korea, will invest $50 million in Velodyne, a leading lidar company based in California, to achieve its aim of mass producing level 3 autonomous driving lidar system in two years, the company said Wednesday.By forging the partnership, the two will collaborate on new lidar system supply by integrating Velodyne’s latest lidar sensors with Hyundai Mobis’ cognitive software, it said in a statement.Velodyne, founded by a US inventor Davi
Oct. 23, 2019
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Posco chief visits Argentina to inspect lithium mining site
Posco’s chief visited Argentina to check on the ongoing construction of a demonstration plant that extracts lithium collected from a local salt lake last week, the company said Wednesday.Stressing the importance of the steelmaker’s operation in the South American country for its sustainable growth, Posco Chairman Choi Jeong-woo encouraged workers to complete the project safety and maintain the sound partnership with the community, the firm said.In an intermediate survey of lithium re
Oct. 23, 2019
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Hyundai heir sees bright future in smart mobility, not just carmaking
While admitting that Hyundai Motor has made a relatively late entry into future mobility, the de facto leader of the world’s fifth-largest carmaker said Tuesday that he hopes to turn the company into a provider of related services that connect people’s physical distance.“It is clear that we are going to continue manufacturing cars. I believe that in the future, cars will take account for 50 percent share (by modes of transport), private air vehicle 30 percent and robotics 20 pe
Oct. 22, 2019
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[Photo News] Mercedes-Benz's future mobility pavillion
Mercedes-Benz Korea CEO Dimitris Psillakis speaks during the opening ceremony of EQ Future pavilion, which the German carmaker’s vision for future mobility, in Gangnam, southern Seoul, on Tuesday. Psillakis said the carmaker aims for sales of plug-in hybrids or all-electric vehicles to make up more than 50 percent share by 2030, starting with electrifying the whole portfolio by 2022.The EQ Future Pavilion, which will be open until mid-January next year, will display various mobility s
Oct. 22, 2019
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BMW’s New Mini Clubman gets face-lift
BMW Group Korea unveiled Monday its premium compact car brand Mini’s face-lifted third generation New Mini Clubman, maintaining its distinctive style within the compact segment.The four-door compact wagon has gone through detailed changes, such as an expanded front grille and aerodynamically improved side mirror cap, but also keeps the Mini’s design heritage, such as the Union Jack-themed rear design, the automaker explained. For Cooper S and Cooper SD models, adaptive light-emitting
Oct. 21, 2019
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Hyundai Motor invents self-driving tech using machine learning
Hyundai Motor Group said Monday that it has developed the world’s first self-driving technology using AI-based machine learning, which detects the driver’s driving pattern and apply it to the smart cruise control system.In recent years, a host of carmakers have added advanced driver assistance systems to their models for safer and more convenient driving. One of the core technologies is adaptive cruise control, a function which makes a car slow down and speed up automatically to
Oct. 21, 2019
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Mercedes-Benz Korea launches first pure EV
Mercedes-Benz Korea, local importer and distributor of the German luxury carmaker, said Monday that it has launched its first pure electric car under its green car brand EQ.The new Mercedes-Benz EQC 400 4MATIC made its global debut last year in Europe, and in March at the Seoul Motor Show. For enhanced customer experience, the company also introduced premium charging services and has expanded charging networks.The new EQC is powered by an 80-kWh lithium-ion battery developed by Daimler sub
Oct. 21, 2019
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South Korea’s eco-friendly car exports expand
South Korea’s export of eco-friendly cars mainly involving compact sport utility vehicles such as Hyundai Motor’s Kona and Niro have expanded significantly, government data showed Sunday.According to data compiled by the country’s Transport Ministry and Korea Automobile Manufacturers Association, exports of eco-friendly vehicles including electric vehicles and hybrid cars increased 41.8 percent to 189,033 units from January to September, compared to a year ago. In Septemb
Oct. 20, 2019
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S. Korea's vehicle exports fall 4.8% in September
South Korea's vehicle exports fell 4.8 percent in September from a year earlier due to production losses caused by strikes at GM Korea Co., the trade ministry said Thursday. Five passenger and two commercial carmakers in South Korea shipped a combined 171,425 vehicles last month, down from 180,051 a year ago in terms of units, the Ministry of Trade, Industry and Energy said in a statement. "GM Korea suffered over 15,000 units in production losses (in September) as its union went on strike f
Oct. 17, 2019
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Hyundai Kona named best compact diesel SUV in Europe
Hyundai Motor said Thursday its compact vehicle Kona was named the best diesel SUV model in Europe by an auto magazine in Germany. The German publication Auto Bild conducted a comparative evaluation of four compact diesel SUVs currently sold in Europe -- Hyundai Motor’s Kona, Mazda’s CX-3, Ford’s EcoSport and Dacia’s Duster. The four models were assessed across seven categories of body, powertrain, driving dynamic, connectivity, environment, driving comfort and cos
Oct. 17, 2019