The Korea Herald

Hyundai Motor Group to invest W129b in UK EV startup Arrival

Jan 16, 2020

Hyundai Motor Group said Thursday that it will invest 129 billion won ($111 million) in London-based EV startup Arrival, in an effort to secure electric vehicle manufacturing technology and market do...
Qatar Airways introduces Qsuite on flights from Incheon

Jan 16, 2020

Qatar Airways said Thursday that its new business class Qsuite will be introduced in all its flights departing Incheon International Airport. Qsuite is the airway’s business class, considered as one...
Top Mahindra exec visits Korea to seek support for SsangYong Motor

Jan 16, 2020

A top executive of Mahindra & Mahindra, the Indian auto giant that acquired SsangYong Motor in 2010, is in town to seek support for its ailing South Korean subsidiary, according to industry sources T...
Hyundai Motor aims to sell 10,100 units of Nexo this year

Jan 16, 2020

Hyundai Motor Group said Thursday that it aims to sell 10,100 units of the hydrogen-powered sport utility vehicle Nexo in Korea this year, with the goal of cementing its dominance in the eco-friendly...
GM Korea launches Trailblazer SUV to revive sales

Jan 16, 2020

GM Korea Co., the South Korean unit of General Motors Co., on Thursday launched the Trailblazer sport utility vehicle as it strives to revive sales amid labor woes and weak demand. The Trailblazer c...
Mahindra may seek support from KDB for SsangYong Motor: sources

Jan 15, 2020

An executive from Indian carmaker Mahindra & Mahindra Ltd. will come to South Korea this week to discuss and seek financial support from the main creditor bank of its local unit, SsangYong Motor Co.,...
Genesis’ first SUV GV80 launched, threatens likes of Benz, BMW

Jan 15, 2020

GV80 has reasonable price, “Korean luxury” design
Kia’s Telluride chosen as 2020 North American SUV of the Year

Jan 14, 2020

Kia’s Telluride has been named the 2020 North American Utility Vehicle of the Year, the carmaker said Tuesday, marking the first time it has been chosen as a finalist. According to Kia Motors, the T...
Kia Motors vows W29tr to transform into EV maker

Jan 14, 2020

Automaker unveils ‘Plan S’ to become mobility solutions provider in conjunction with Hyundai
Mercedes-Benz vows to maintain top spot in Korea with 15 new releases

Jan 14, 2020

German automaker attributes last year’s success to product range ‘fit’ for Koreans
Hyundai targets sales of 1m cars annually in US by 2025

Jan 12, 2020

Automaker’s US subsidiary bets on new Genesis, profitable SUV models
HDC board OKs W400b rights issue for Asiana acquisition

Jan 10, 2020

HDC Hyundai Development Co. said Friday it will raise 400 billion won ($344 million) in a rights issue to help finance its acquisition of Asiana Airlines Inc. HDC plans to issue 21,969,110 shares, o...
Renault Samsung workers wage sudden strike, renegotiation falters

Jan 9, 2020

Unionized workers at Renault Samsung staged an impromptu partial strike late Wednesday despite a planned renegotiation with the management the next day, according to the automaker. The South Korean ...
Toyota to launch 4 new models in H1 to boost S. Korea sales

Jan 9, 2020

Toyota Motors Corp. said Thursday it will launch four new models in South Korea in the first half of the year to jump-start its lackluster sales amid trade tensions between Seoul and Tokyo. Toyota M...
Hyundai, Kia's US sales rise 4.6% on brisk demand for SUVs in 2019

Jan 9, 2020

Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday their combined sales in the United States rose 4.6 percent last year, helped by robust sales of SUVs. In 2019, Hyundai and Kia sold...