The Korea Herald

Hyundai, Kia warn of $2.9 billion hit to earnings over US quality woes

Oct 19, 2020

Hyundai Motor and affiliate Kia Motors warned of another $2.9 billion of provisions related to engine issues, bringing their total hit from the years-long quality problem that has tarnished their cre...
[Behind the Wheel] BMW Korea bids to take back throne with revamped 5, 6 GT Series

Oct 19, 2020

BMW’s 5 and 6 GT Series return with sharper design and stronger functions
Korean automotive companies witness jumps in sales, production

Oct 19, 2020

South Korea’s automotive industry has recovered to see sales and production grow by over 20 percent on-year in September, government data showed Monday. According to the data from Ministry of Trade,...
Jin Air to begin operating plane converted to carry cargo this week

Oct 19, 2020

Jin Air Co. said Monday it will begin operating a passenger plane converted to carry cargo to offset a sharp decline in air travel demand amid the coronavirus pandemic. Jin Air plans to deploy the B...
Airlines to levy no fuel surcharges on int'l routes in Nov.

Oct 19, 2020

South Korean airlines will not impose fuel surcharges on international routes in November on low oil prices due to the coronavirus pandemic, industry sources said Monday. The surcharge for one-way t...
Hyundai, Kia's market share in Europe likely to top 7% this year

Oct 16, 2020

South Korea's top automaker Hyundai Motor Co. and its affiliate Kia Motors Corp. may see their combined share in the European market surpass 7 percent for the first time this year, industry watchers ...
With sound three quarters, Volkswagen Korea unveils new Jetta

Oct 15, 2020

Volkswagen Korea unveiled the new seventh-generation Jetta at a press show on Thursday as it posted sales of over 10,000 units during the first three quarters of 2020. The new model comes at a price...
Hyundai chairman’s first stop: Hydrogen economy

Oct 15, 2020

Starting his first day as Hyundai Motor Group’s chairman on Thursday, Chung Euisun attended the government’s hydrogen economy committee meeting, riding there in his company’s first hydrogen fuel cell...
[Behind the Wheel] Will Chevrolet Colorado attract Korean adventure enthusiasts?

Oct 15, 2020

Facelifted pickup truck has more power than rivals, advanced off-road technologies
Air Busan resumes flights to China's Qingdao

Oct 15, 2020

Air Busan Co., the budget carrier unit of Asiana Airlines Inc., on Thursday resumed flights to the Chinese city of Qingdao to meet travel demand from businessmen. Air Busan will offer one flight a w...
Bentley Motors Korea unveils revamped Flying Spur V8 in Korea

Oct 14, 2020

South Korea is among the early countries to receive the new Flying Spur V8, and delivery in Korea will start early next year, Clarke added. The new Flying Spur V8 has been enhanced, not only in its ...
Mercedes-Benz Korea launches best-selling revamped E-Class

Oct 14, 2020

The game is back on between import vehicle archrivals, intensified by Mercedes-Benz Korea’s release of the newest E-Class this week. To drive away the enthusiastic runner up BMW and to maintain its ...
[News Focus] Chung Euisun moving Hyundai Motor Group toward future mobility

Oct 14, 2020

New chairman of world’s fifth-largest automotive company symbolizes younger, aggressive entrepreneurship
Chung Euisun officially takes helm of Hyundai Motor Group

Oct 14, 2020

Under new leadership, automaker aims to realize future mobility via robotics, urban air mobility, smart city projects
Hyundai heir Chung Euisun set to become group chairman

Oct 13, 2020

Hyundai Motor Group Executive Vice Chairman Chung Euisun is set to take the helm of the nation’s largest automaker through the group’s emergency board meeting on Wednesday morning, according to indus...