The Korea Herald

Hyundai, Kia to resume US factory operations this week

May 4, 2020

Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday their US plants will resume operations this week after taking thorough quarantine measures to guard against the new coronavirus. Hyun...
Korean Air to submit self-rescue plan this month

May 3, 2020

Korean Air Lines Co., the country's top flag carrier, will draw up a 1.5 trillion won ($1.23 billion) self-rescue plan, including a 1 trillion won stock offering, this month in return for massive fin...
Mercedes-Benz appoints new chief for Korea operations

May 1, 2020

Mercedes-Benz Korea Ltd. said Friday that Bjorn Hauber in charge of the German carmaker's Sweden and Denmark operations will replace the country's current chief in August. Mercedes-Benz Korea Presid...
HDC’s Asiana Airlines takeover postponed

Apr 29, 2020

Company says purchase plan remains intact, but need more time for conditions precedent
[News Focus] Hyundai Motor banks on domestic market to minimize COVID-19 fallout

Apr 29, 2020

Competition expected to aggravate in already-matured local market dominated by Hyundai
[Monitor] Global automakers’ sales, profits decline

Apr 29, 2020

Sales and profits of global automakers declined over the economic impact of the COVID-19 crisis, market data showed Tuesday. With European countries like France having gone into lockdown in the firs...
Renault Samsung to suspend plant for 11 days on virus impact

Apr 27, 2020

Renault Samsung Motors, the South Korean unit of Renault S.A., said Monday it will suspend its sole plant for 11 days, as the coronavirus outbreak has affected production and sales. Renault Samsung ...
Mercedes-Benz Korea ups donation upon pandemic

Apr 27, 2020

In line with its expansion of social responsibility programs, Mercedes-Benz Korea said Monday it is saving a percentage of revenue from car sales from March to May with a goal of donating over 1 bill...
Infant LCCs left out from state support fear business collapse

Apr 27, 2020

The South Korean government has been spewing out financial support schemes for the struggling airline industry upon the novel coronavirus pandemic since February. But the measures exclude minor and ...
Cargo trucks in Korea going green

Apr 26, 2020

The government is increasing efforts to make the logistics industry here greener. The Ministry of Environment said Friday it will be providing subsidies for 8,200 electric cargo trucks to reduce fin...
Jaguar’s XF upgrades product portfolio with 2020 edition

Apr 26, 2020

British carmaker Jaguar Land Rover’s premium sedan XF has come back with a 2020 checkered flag edition, upgrading the brand’s product portfolio. Jaguar’s 2020 XF checkered flag edition features the ...
[Herald Interview] Driving luxury race car with everyday usability

Apr 26, 2020

Porsche leads imported luxury SUV market in Korea with surge in sales
[News Focus] Will militant labor union of Hyundai Motor change upon pandemic?

Apr 26, 2020

Change seems to be looming for Hyundai Motor’s labor union -- known for hard-line protests and strikes -- with their new pragmatic leader and as the global pandemic persists. Hyundai Motor’s wage ne...
Jeju Air to conduct temperature check for all passengers

Apr 26, 2020

Low-cost carrier Jeju Air said Friday that it will conduct a temperature check for all passengers to prevent the spread of COVID-19. Following the extra-long weekend which begins from Buddha’s Birth...
Hyundai Mobis’ earnings slump in Q1

Apr 24, 2020

Hyundai Mobis said Friday that it has logged an operating profit of 360.9 billion won ($291 million) in the first quarter, down 26.9 percent on-year. Hyundai Motor Group’s auto parts making unit cit...