Most Popular
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What is Hybe’s next move?
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Medical profs at top hospitals suspend surgeries, clinics
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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Hopes rise for possible Gaza truce deal
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Shinsegae faces showdown with investors over SSG.com's delayed IPO
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Ex-pro baseball player who killed debtor appeals sentence
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S. Korea to issue travel ban on Haiti amid intensifying gang violence
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Seventeen shows who is the ‘Maestro’ of K-pop in greatest hits album
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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Around 50% of people with disabilities aged 65 or above: report
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Hyundai Motor union OKs tentative wage deal without strike
Unionized workers at Hyundai Motor Co. have reached a tentative wage and collective bargaining agreement, averting strikes for the first time in eight years, the company and the union said Wednesday. "The union has decided to accept the company's revised proposals as uncertainties in business environments grow further due to uncertain political and economic situation stemming from an escalating US-China trade war and Japan's restrictions on exports (of key materials) to Korea," u
Aug. 28, 2019
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Hyundai Motor’s built-in type foldable e-scooter unveiled
Hyundai Motor Group unveiled Tuesday a prototype of a foldable electronic scooter that can be charged by using electricity from Hyundai and Kia Motor vehicles.According to Hyundai Motor, the latest e-scooter will be built into Hyundai and Kia Motor vehicles and can be automatically charged by using electricity generated from driving a vehicle. Hyundai’s e-scooter runs on a 10.5Ah lithium-ion battery, allowing a 20 kilometer range on single charge. The top speed will be 20 kilometers per ho
Aug. 27, 2019
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Volvo’s premium sedan the New S60 lands in Korea
Swedish carmaker Volvo’s third-generation midsized premium sedan the New V60 launched in South Korea on Tuesday, billed by the company as a reasonably priced model with an iconic Scandinavian design.The carmaker said the New S60’s exterior had been completely redone for the first time in eight years. Its vertically arranged front grille and Thor’s hammer-style LED headlights give the New S60 a stronger, bolder and sportier look, the firm said.Compared with its predecessor, the
Aug. 27, 2019
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Renault Samsung may slash jobs; others consider restructuring
Carmakers here are mulling job cuts and restructuring as they enter the fog of uncertainties over a sharp drop in sales, continued confrontations with labor and the delayed launches of some new vehicles.Renault Samsung Motors, the Korean unit of the French carmaker, said Sunday that it may consider slashing jobs in response to declining production volume at its plant in Busan and sluggish sales. The management met union representatives last week to notify the union of its plan to reduce producti
Aug. 26, 2019
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[Photo news] GM Korea launches Chevrolet Colorado in Korea
Brent Deep, vehicle performance manager at GM North American Headquarters, presents Chevrolet’s Colorado at Welli Hilli Park in Gangwon Province on Monday. GM Korea launched the US-made Chevrolet Colorado pickup truck in hopes for it to perk up lackluster sales. The Colorado pickup comes with a 3.6-liter six-cylinder gasoline engine with up to 312 horsepower and an eight-speed automatic transmission. The pickup truck segment now accounts for 2 percent of the country’s automobile mark
Aug. 26, 2019
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Hyundai Motor opens hydrogen showroom in Shanghai
Hyundai Motor has opened a multimedia showroom in Shanghai to promote its hydrogen technology for the next two weeks, the company said Monday.Named Hyundai Hydrogen World, the showroom will display the South Korean automaker’s technologies in fuel-cell electric vehicles powered by hydrogen and its vision for the hydrogen economy, officials said. The 406-square-meter space has five zones to demonstrate air purification function developed for its latest FCEV Nexo, and to visualize the concep
Aug. 26, 2019
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[Behind the Wheel] Korando gasoline upgrades style, sophistication
The name Korando, SsangYong Motor’s signature sport utility brand and the oldest such brand in Korea, has represented power, firmness and masculinity for the last 37 years. The all-new Korando that returned to the market early this year after an eight-year hiatus, however, flips the common image of the SUV on its head. It is stylish and sophisticated, yet affordable. The Korando gasoline model, launched six months after the 2.0-liter diesel version, showed no major flaws throughout the med
Aug. 25, 2019
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Kia’s Soul EV picked ‘most competitive compact EV’ by Auto Zeitung
Kia Motors said Sunday its subcompact crossover Soul EV has been picked as the most competitive compact-size electric vehicle by German automotive magazine Auto Zeitung, beating rivals including BMW’s i3s and Nissan’s Leaf e+. Soul EV received the highest marks in most evaluation categories including body, driving comfort, powertrain and environment/cost, except in driving dynamics, winning 2,989 out of 5,000 points. BMW’s i3s and Nissan’s Leaf e+ received 2,894 poi
Aug. 25, 2019
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Teaser image for Hyundai Motor’s EV concept car 45 revealed
Hyundai Motor Group released a teaser image for its electric vehicle concept car 45 on Thursday, ahead of the 2019 Frankfurt Motor Show next month.According to Hyundai Motor, 45 is a reinterpretation of the carmaker’s first concept car design revealed in 1970. It has been renewed under Hyundai Motor’s next-generation design philosophy -- “sensuous sportiness.” The latest concept car has customized customer experience under the new brand strategy “Style Set Fre
Aug. 22, 2019
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[Photo News] Hyundai chief's green zone project
Hyundai Motor Group Executive Vice Chairman Chung Euisun (center) participates in a corporate social responsibility program designed to curb desertification in the region of Qagan Nor, Neimenggu, China, by making walls with tree branches to prevent grass seeds from flying off in the wind. Since 2008, the South Korean carmaker has carried out the Hyundai Green Zone project to turn infertile deserts into grassland in China. (Hyundai Motor Group)
Aug. 22, 2019
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Mercedes-Benz Korea expands logistics center
Mercedes-Benz Korea, a local importer and distributor of German luxury cars, has expanded its logistics center in Anseong, Gyeonggi Province, 150 kilometers south of Seoul, the company said Wednesday. The changes required a 35 billion won investment. The logistics center opened in 2014 and its space has doubled from 17,800 square meters to 30,500 square meters after the yearlong project. The expanded center can house about 50,000 kinds of spare parts, as compared with 28,000 before the expansion
Aug. 21, 2019
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GM Korea union enters partial strike for higher wages
Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., on Tuesday entered a two-day partial strike, demanding higher wages. GM Korea workers held a four-hour strike on Tuesday and plan to stage another four-hour walkout on Wednesday, GM union spokesman Dang Sung-geun said over the phone. "Union leaders will hold a meeting on Thursday to decide on whether to enter another round of strikes," he said. GM Korea and its union have held seven rounds of talks since Ju
Aug. 20, 2019
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SsangYong Motor launches gasoline-powered Korando
Amid waning market demand for diesel-powered sport utility vehicles, SsangYong Motor unveiled the gasoline model of the Korando on Tuesday, to boost sales of its SUV brand. The carmaker has improved safety of the 1.5-liter turbo gasoline model by installing seven air bags and other safety features, including lane keeping assist, driver awareness assist and autonomous emergency braking systems. The launch came six months after the company unveiled the 2.0-liter diesel Korando here in February. Th
Aug. 20, 2019
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S. Korea to ban Audi, Volkswagen, Porsche cars in emissions scandal
South Korea will ban domestic sales of eight models of Audi, Volkswagen and Porsche diesel cars for violating emissions regulations, the Ministry of Environment said Tuesday.The ministry said it will also slap fines on Audi Volkswagen Korea and Porsche Korea and seek a prosecution investigation.The ministry's probe has found that the German automakers manipulated pollution control devices used in those vehicles. A total of 1,261 cars in the eight models were sold in South Korea from May 2015 to
Aug. 20, 2019
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[Foreign Executives] Han Sung Motor revenue triples under Ausprung leadership
In the trendy industry of luxury automobiles -- particularly in a country where the market is highly volatile, depending on social and even political factors -- sustaining a respected premium business is indeed a challenging task. Balancing confidence with humility with accrued sophistication, Han Sung Motor CEO Ulf Ausprung is responsible for the stellar performance over the past few years of the largest official Mercedes-Benz dealer here.According to CEO Score, a local corporate tracker, Han S
Aug. 18, 2019
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Posco’s high-end cryogenic steel for LNG tanks gets green light
The government has approved the use of Posco’s cryogenic high manganese steel for manufacturing liquefied natural gas storage tanks, the company said Tuesday.The decision made after a review by an independent panel on gas technology standardization will be notified by the government, it added.Cryogenic HMS developed by the South Korean steel giant, can withstand temperatures as low as minus 196 degree Celsius, and could replace nickel alloy steel which has been commonly used for LNG storag
Aug. 13, 2019
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Hyundai Mobis to supply homegrown radar, camera sensor for commercial vehicles
South Korean auto parts maker Hyundai Mobis said Tuesday it will supply collision-warning features including radar and camera sensors, developed in-house, for Hyundai Motor’s commercial vehicles starting September.The forward-looking sensor and radar automatically detect objects that are up to 170 meters ahead, and reduce the speed of vehicles to avoid collision with other vehicles. Hyundai Motor is applying such driver-assist features in its commercial vehicles for the first time. Mobis&r
Aug. 13, 2019
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Tesla Model 3 launches in Korea
US carmaker Tesla Motors’ Model 3 landed in South Korea on Tuesday, with the local branch starting to receive orders via its website. The price of the Model 3 starts from 52 million won ($43,000) without a government subsidy of 9 million won. The company plans to request for state subsidies. The first batch of the Model 3 will be delivered to customers starting in the final quarter, it said in an email statement. The smallest sedan by Tesla has three trims, including a high-performance ver
Aug. 13, 2019
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Sales of German cars rise amid boycott of Japanese products
Amid a nationwide boycott of Japanese goods, including fashion items, household products and cars, sales of Japanese vehicles waned last month, while sales increased for German carmakers, industry data showed Sunday. According to the Korea Automobile Importers and Distributors Association, Japanese automotive companies, such as Toyota, sold a combined 2,674 units of vehicles in July, taking up 13.7 percent of market share, down 6.7 percentage points from the previous month. This marked the
Aug. 11, 2019
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Hyundai Motor’s Nexo scores highest safety rating from IIHS
Hyundai Motor Group’s hydrogen-powered fuel cell vehicle Nexo has earned the Top Safety Pick+ award from US’ Insurance Institute for Highway Safety, the carmaker said Sunday.It was the first time for IIHS to evaluate a hydrogen fuel cell vehicle and also to give an award.According to IIHS, Nexo has earned top ratings in moderate overlap front, driver-side small overlap front, passenger-side small overlap front, side, roof strength and head restraint tests. It also received &ldqu
Aug. 11, 2019