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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GS Caltex to launch first H2 station in Seoul
GS Caltex, a local oil refiner that has a vast network for energy distribution here, will open its first hydrogen refilling station in Seoul at a retail outlet that also houses other sources of energy such as electricity, liquefied petroleum gas and gasoline.Calling it Total Energy Station, the planned station will be built on 3,300 square meters in Gangdong, southeastern Seoul, to provide all sorts of energy needed for ground transportation. It will start operation in December.The hydrogen refi
Oct. 15, 2019
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Korea aims to become world’s No. 1 green car provider, first to commercialize autonomous driving
South Korea aims to become the world’s No. 1 green car provider and the first country to start commercial operations of autonomous driving in the next 10 years, the government said Tuesday. It will achieve the goal by promoting the convergence of industries, implementing policy support and injecting a combined 60 trillion won ($50 billion) from the private and public sectors. Highlighting the nation’s leadership in the areas of batteries, hydrogen, semiconductors and IT technology, P
Oct. 15, 2019
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Benz joins mobility trend with new Mercedes-Benz Mobility Korea
Daimler Mobility AG -- a subsidiary of Daimler AG, which owns Mercedes-Benz -- has established Mercedes-Benz Mobility Korea to offer mobility solutions in Korea, the firm said Tuesday.The new entity by the mobility unit of the Daimler AG, which recently changed its name from Daimler Financial Services AG to Daimler Mobility AG, will focus on providing digitalized customer service and premium mobility products, MBMK said. MBMK will kick off in Korea with the launch of a premium long-term car rent
Oct. 15, 2019
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Korando, perfect choice for modern families in Korea
Storage for strollers, golf clubs and boxes of groceries, spacious backseats and high-end safety features are increasingly becoming important factors to customers in Korea seeking vehicles that fit their family-oriented lifestyles.Rather than choosing sedans with better driving performance, a growing number of customers -- particularly those in their 30s and 40s -- are looking for mid-sized sport utility vehicles in consideration of fuel economy, passenger convenience and ease of use.According t
Oct. 14, 2019
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[Photo News] THE AMG FAMILY
Dimitris Psillakis (left), CEO and president of Mercedes-Benz Korea, and Mark Raine, vice president of product and marketing, pose for photos at a session held for the media to test the new Mercedes-AMG GT four-door coupe and E53 4MATIC+ at the AMG Racing Track in Yongin, Gyeonggi Province, Monday. Introducing the family of high-performance AMG vehicles, Psillakis said, “No matter which AMG model you choose, you will get a high-performance vehicle, which excites with powerful performa
Oct. 14, 2019
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Hyundai hires ex-Audi CEO for US operations of Genesis
Hyundai Motor has hired a former chief executive officer of Audi’s US division as the head of its luxury segment Genesis’ operations in North America, signaling the carmaker’s drive to expand its market presence in the world’s second-largest auto market.Mark Del Rosso, who led operations of luxury brands Audi and Bentley for two decades, will take the CEO position of Genesis’ US operations. He will lead the sales and marketing strategy of the brand under the command
Oct. 13, 2019
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Hyundai partners with US-based AI startup for digital map technology
Hyundai Motor’s open-innovation business has inked a partnership with US-based fleet management software company Netradyne to create digital maps necessary for autonomous driving technologies, Hyundai Motor America said Thursday. Hyundai Cradle, the automaker’s wholly owned venture capital arm, said its partnership and investment in Netradyne would help the firm build a high-definition map for level-three advanced driver assistance systems, according to Hyundai Motor America. Under t
Oct. 10, 2019
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Volvo Trucks Korea’s sales surpass 25,000 mark
The number of commercial vehicles sold by Volvo Trucks Korea has surpassed the 25,000 mark, a first for a foreign auto brand here, the company said Tuesday.The local importer and distributor of the Swedish carmaker delivered its 25,000th vehicle to a customer on Monday at its central cargo center in Pyeongtaek, Gyeonggi Province. After delivering its first vehicle in South Korea in 1997, Volvo Trucks Korea went on to sell its 5,000th in 2007 and reached the 10,000 mark in 2012. Since then
Oct. 8, 2019
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Mercedes-Benz’s New GLE named car of the month
A group of South Korean reporters covering automobiles picked Mercedes-Benz’s latest sports utility vehicle, the New GLE, as the car of the month, they announced Tuesday.According to the Korea Automobile Journalists Association, the SUV from the German luxury carmaker earned 18.4 points of 25, taking the top spot for the monthly award. It competed against GM Korea’s Chevrolet Traverse and Kia Motors’ Mohave the Master.The association assesses finalists in five categories. The N
Oct. 8, 2019
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[News Focus] Auto industry faces daunting challenge: Workforce reductions
South Korea’s auto industry, a key driver of the nation’s economic growth, is likely to go through throes of change as carmakers’ restructuring plans are gaining market support.An advisory group consisting of five independent industrial experts said Sunday in a report presented to the management and the labor union of Hyundai Motor that it would be inevitable for the largest carmaker here to reduce its manufacturing workforce by 20-40 percent by 2025. Stressing several changes
Oct. 7, 2019
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Mercedes-Benz posts No. 3 sales figure, after Hyundai, Kia
German carmaker Mercedes-Benz recorded the third-highest sales figure in the country in September, after Hyundai Motor and Kia Motors, outpacing three major local carmakers, according to industry data.According to data from the Korea Automobile Manufacturers Association and the Korea Automobile Manufacturers Association, a total of 118,895 vehicles were sold in September, an increase of about 8.9 percent from the previous month.Of them, Hyundai Motor and its sister company Kia Motors accounted f
Oct. 6, 2019
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[Herald Interview] Taking artistic approach to CSR
Corporate social responsibility programs have now become an important barometer of a firm’s sustainability, beyond simply making profits. For Han Sung Motor, the largest official dealer of Mercedes-Benz in South Korea, CSR projects have been a crucial part of its business strategy nearly for a decade. And what keeps the company going in its commitment toward the society is the changes it has brought so far, such as watching teenagers from underprivileged families grow their confidence and
Oct. 2, 2019
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Renault Samsung pioneers new sectors in local automotive market
Renault Samsung Motors has been pioneering new sectors in the local automotive market, which has been largely dominated by gasoline-powered sport utility vehicles. The automaker launched a face-lifted version of the QM6 in June, its most popular and most trusted midsized SUV model.The upgraded version, which is also the country’s first liquefied petroleum gas-powered SUV, has proved popular in the local market, leading the carmaker to record the second-highest midsized SUV sales in Ju
Oct. 1, 2019
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CODE42 attracts investment from Kia, SK, LG, CJ
CODE42, a local startup that is developing an autonomous transportation-as-a-service platform, said Tuesday it has raised 30 billion won ($25 million) in pre-Series A funding from major firms including Kia Motors and conglomerates SK, LG and CJ.This follows the 2 billion won in seed funding it received from Hyundai Motor in March.In one of the most successful pre-Series A funding round here, Kia invested the largest portion of 15 billion won, the company added. The 30 billion won will be used to
Oct. 1, 2019
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Hyundai appoints ex-NASA aeronautics expert to lead mobility biz
Hyundai Motor Group said Monday that it had appointed Dr. Shin Jai-won, former associate administrator of the US National Aeronautics and Space Administration, as vice president of its newly established urban air mobility division. In his new role, he will lead the development of air mobility technologies for the group. The automaker said Shin would propel forward the group’s efforts to advance into the urban air mobility market, based on his expertise in airframe, engine and aviation
Sept. 30, 2019
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Nissan to maintain Korean operations despite headwinds
Nissan Motor said Monday it will continue its operations in South Korea amid trade tensions between the two Asian neighbors, despite headwinds like a boycott of Japanese products.The Japanese carmaker’s commitment to South Korea follows market rumors that it will pull out of the market here as its sales have been hit hard by the escalating trade tensions between Seoul and Tokyo. “We make it clear that we will maintain our business operations in the ‘strategically importan
Sept. 30, 2019
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Hyundai Motor joins hands with Cummins for hydrogen fuel cell technology
Hyundai Motor Group said Friday it has partnered with US powertrain giant Cummins to develop technology for electric and fuel cell powertrains and commercialize them in the US. The automaker has signed a memorandum of understanding with Cummins to work together to develop next-generation fuel cell systems. Through the collaboration, the company expects to develop powertrain products by combining Hyundai Motor’s fuel cell systems with Cummins’ electric powertrain, battery a
Sept. 27, 2019
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Hyundai launches innovative festival for artists, developers, startups
Hyundai Motor Group said Thursday that its open innovation platform is to host a three-day festival called “Zero One Day,” where artists, developers and startups can share their ideas and communicate in a creative environment. The event is named after and hosted by Zero One, an open innovation platform launched by Hyundai in March 2018. It will offer opportunities for participants to present their projects and business models to the public. About 70 projects will be presented this ye
Sept. 26, 2019
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Audi VW opens art exhibition to present future vision
Audi Volkswagen Korea said Thursday it has opened a media art exhibition in Seoul to present the future of green mobility.Titled “The Next Chapter,” the exhibition displays joint projects by artists at home and abroad visualize safe and sustainable mobility and its role of changing the life of future generation. The two-week event is taking place at JCC Art Center in Jongro, central Seoul. It is a cultural platform for the company’s Tomoroad initiative, a joint project with Kor
Sept. 26, 2019
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Hyundai to test hydrogen trucks in Israel: report
Hyundai Motor Group is reportedly planning to conduct a large-scale trial of its hydrogen-fueled trucks in Israel, although the automaker refused to confirm the details Wednesday.According to the report by Israel’s Calcalist, a delegation from Hyundai visited the country last month to discuss the project with officials from the office of Prime Minister Benjamin Netanyahu.Israel’s extremely dry and hot climate due to the Dead Sea region, as well as optimal road situation in the Northe
Sept. 25, 2019