The Korea Herald

Hyundai JV, Lyft to launch driverless US robotaxi services in 2023

Dec 17, 2020

Motional, the Hyundai Motor-Aptiv joint venture, said Thursday it has partnered with US ride-sharing firm Lyft Inc. to launch driverless robotaxi services in major US cities in 2023. Motional said i...
Korean Air, labor union agree to wage freeze, furlough amid pandemic

Dec 16, 2020

Korean Air Lines Co. and its labor union have agreed to freeze wages and put 70 percent of employees on furlough in the first half of 2021 to ride out the fallout of COVID-19, officials said Wednesda...
Hyundai tops global hydrogen auto sales through Sept.

Dec 14, 2020

South Korea's Hyundai Motor Co. topped the global hydrogen vehicle sales in the first nine months of the year on rising demand for the Nexo model, data showed Monday. In the first nine months, Hyund...
Asiana decides on capital reduction to improve financial status

Dec 14, 2020

Asiana Airlines Inc. said Monday it will cut its capital base to improve its financial status amid the COVID-19 pandemic. Shareholders approved a 3:1 capital reduction plan as the airline's capital ...
Tesla accident: Faulty vehicle or bad driving?

Dec 13, 2020

Police investigate cause of last week’s accident that left one dead, two injured
Hyundai Motor Group acquires US robotics firm

Dec 13, 2020

South Korea’s leading automaker takes step to transform into smart mobility solution provider with Boston Dynamics buy
Hyundai Motor to acquire 80-pct stake of Boston Dynamics from SoftBank

Dec 11, 2020

South Korea's Hyundai Motor Group said Friday its affiliates and its chairman will buy an 80-percent stake, worth up to 900 billion won ($828 million), in US robotics firm Boston Dynamics Inc. in the...
Audi Volkswagen Korea to launch 8 EV models over 3 years

Dec 11, 2020

Audi Volkswagen Group has unveiled its electrification strategy and business plans in the Korean market over the next years. The group said in a digital press conference Friday its four affiliated b...
Virus-hit Jeju Air to receive state funding for survival

Dec 10, 2020

South Korea will inject 32.1 billion won (US$29 million) into the virus-hit budget carrier Jeju Air Co. to help it stay afloat amid the prolonged COVID-19 pandemic, a state lender said Thursday. The...
Hyundai to invest W60tr by 2025

Dec 10, 2020

Automaker aims to sell 560,000 EVs by 2025, 700,000 hydrogen fuel cells by 2030
[Herald Interview] Korea eyes how to revitalize aviation industry

Dec 9, 2020

Senior transport ministry official talks COVID-19, travel bubbles and Korean Air-Asiana acquisition
Kia Motors workers to strike again for three days

Dec 9, 2020

Kia Motors’ labor union on Wednesday began a partial strike, its third collective action this year, following the collapse of negotiations over wages and other issues a day earlier. Lost production f...
Korean Air completes first cold-chain delivery of COVID-19 vaccine materials

Dec 9, 2020

In a country first, Korean Air transported raw materials used to make COVID-19 vaccine from Korea to the Netherlands on Tuesday, the company said Wednesday. The South Korean flag carrier used a cold...
Kia workers stage partial strike amid pandemic

Dec 9, 2020

Unionized workers of Kia Motors Corp., South Korea's second-biggest carmaker, entered a partial strike again Wednesday as they failed to reach an agreement with the management over working conditions...
GV70 to target luxury SUV market

Dec 8, 2020

Genesis GV70 embraces latest technologies, including the world’s first fingerprint authentication system