Most Popular
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Yoon, Lee end first talks with differences, agree to meet more
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What is Hybe’s next move?
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China outpaces Korea in smaller OLED shipments for 1st time
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[Herald Interview] Mom’s Touch seeks to replicate success in Japan
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Medical profs at top hospitals suspend surgeries, clinics
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'Queen of Tears' finale sets record viewership ratings as tvN's most-watched series ending
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Police to open alleged stalking probe over pastor over Dior bag scandal
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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[News Focus] Lee tells Yoon that he has governed without political dialogue
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Seoul to deploy more military doctors to fill med prof void
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[EXCLUSIVE] Hyundai Motor, Saudi Aramco to cooperate on hydrogen
South Korean carmaker Hyundai Motor will partner Aramco, the biggest oil company in the world, on the “comprehensive” development of hydrogen energy, sources told The Korea Herald on Wednesday.An official familiar with the matter said the two companies would sign a memorandum of understanding on hydrogen-related business in the presence of Saudi Arabia’s Crown Prince Mohammed Bin Salman and Hyundai Motor Group Executive Vice Chairman Chung Eui-sun.The Saudi Prince visits Seoul
June 19, 2019
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Nissan’s 6th-generation Altima to hit Korea in July
Amid rebounding sedan sales in the South Korean market, Nissan Korea said it will launch a sixth-generation model of its bestselling midsized sedan, the Altima, here in July. According to the carmaker, the most distinctive aspect of the fully transformed Altima is its design. With a sportier, more dynamic exterior design, Nissan said it had equipped the latest Altima with its award-winning Nissan Vmotion 2.0 design. In 2017, the Nissan Vmotion 2.0 was recognized as the best concept ca
June 18, 2019
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With upgraded QM6, Renault Samsung hopes to cement top spot in midsized SUV market
Just days after a dramatic consensus with its labor union ended a year of confrontation and strikes, Renault Samsung unveiled a facelifted version of the QM6, the automaker’s most popular midsized sport utility vehicle, in Seoul on Tuesday.The QM6 is the automaker’s most trusted model, accounting for 61.2 percent of the country’s midsized gasoline SUV sales from September of 2017 to April this year, selling 41,191 vehicles.With the upgraded model, which is also the country&rsqu
June 18, 2019
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Porsche Korea opens world’s 8th studio in Gangnam
Porsche Korea, local unit of the German luxury carmaker, opened a new studio in Gangnam, southern Seoul, on Tuesday, in a bid to appeal better to younger customers.The new retail format introduced by the carmaker is the eight of its kind in the world and has been opened to provide a wide-ranging brand experience, from cars to custom-made accessories. “Porsche Korea will position ‘Porsche Studio Cheongdam’ as a cultural space where existing customers as well as potential cl
June 18, 2019
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4 out of 10 autos sold through May were SUVs
Four out of 10 vehicles sold in South Korea from January to May were sport utility vehicles, reflecting growing demand for recreational vehicles, industry sales data showed Monday. In the first five months, domestic and imported carmakers sold 612,043 vehicles, with SUVs accounting for 42 percent, according to data from the Korea Automobile Manufacturers Association and the Korea Automobile Importers and Distributors Association. "The ratio of SUVs in overall passenger car sales is expected
June 17, 2019
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Hyundai Mobis to install Krell audio system in K7 Premier
Hyundai Mobis, an auto parts maker under Hyundai Motor Group, said Sunday it has partnered with US high-end home audio systems manufacturer Krell for Kia’s K7 Premier.The partnership is part of Hyundai Mobis’ efforts to collaborate with technology-based companies on autonomous driving and connectivity, aimed at providing premium audio systems for in-vehicle infotainment, it added. The company plans to further its partnership with Krell by deploying the audio systems in new vehicles t
June 16, 2019
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Hyundai Motor Group chief calls for global effort toward ‘hydrogen economy’
Chung Eui-sun, Hyundai Motor Group executive vice chairman, called for world leaders to take action for the hydrogen-focused energy transition during the Group of 20 meeting of environment and energy ministers Saturday. Chung, who co-chairs the Hydrogen Council, was invited to exchange views on the global energy paradigm and to analyze the role and possibilities of hydrogen energy, Hyundai Motor Group said Sunday. The council comprising some 60 companies is a global CEO-level initiative for
June 16, 2019
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Hankook Tire & Technology aims to lead market through innovative tech
Following the change in its name last month to Hankook Tire & Technology, the firm said Sunday it plans to lead the global original equipment tire market by beefing up its research and development on innovative technology. In May, the company was renamed from Hankook Tire as part of its holding company Hankook Technology Group’s rebranding to redefine its focus. The group said it included the word “technology” to reflect its long-term mission to achieve innovation
June 16, 2019
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Hyundai, Kia invest in US self-driving firm Aurora Innovation
Hyundai Motor and its sister company Kia Motors said Thursday that they are investing in US self-driving technology company Aurora Innovation to develop and further enhance the autonomous vehicle platform. The investment is part of the automakers’ plan to become a game changer in the global autonomous driving ecosystem and to launch an autonomous vehicle at an early stage, Hyundai Motor Group said, without disclosing the size of the investment. The two companies will strengthen c
June 13, 2019
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KCGI, Jin Air employees dencry return of Korean Air heiress
The Korea Corporate Governance Improvement Fund, the second-largest stakeholder in the country’s flagship carrier, Korean Air, has publicly denounced the return of the late Chairman Cho Yang-ho’s younger daughter to a management role in light of the damage she has inflicted on the corporate image and the value of the company’s shares.The KCGI, which holds a nearly 16 percent stake in the air carrier, released a statement Wednesday saying Hanjin Group’s decision to reinsta
June 12, 2019
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QM6 most popular midsized gasoline SUV in Korea
Renault Samsung’s QM6 GDe has hit record-high sales in the country’s midsized gasoline sport utility vehicle category, retaining its top position since its launch in 2017, data showed Wednesday. According to the Korea Automobile Manufacturers Association, the carmaker sold a total of 41,191 units of QM6 GDe from September 2017 to April, which accounts for 61.2 percent of the total sales of midsized gasoline SUVs sold here in three years. The automaker said as another 2,050 units
June 12, 2019
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Majority of auto part makers in North Jeolla seek switch to EV business: survey
Around 82 percent of the Korean automobile parts makers in North Jeolla Province said they were seeking to switch to making electronic vehicle parts, a survey showed Friday. According to the survey conducted by Korea SMEs and Startups Agency on 403 auto components companies and subcontractors for General Motors Korea in North Jeolla Province, 82.6 percent said they were seeking to transfer their business to EV-parts production, amid dwindling plant operations in their region. Last year, GM
June 7, 2019
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SsangYong’s Tivoli facelift adds new gasoline engine, colors
South Korean SUV maker SsangYong Motor on Tuesday launched the sale of its facelifted Tivoli, a B-segment crossover that has taken the No. 1 spot in the category in recent years. Introduced in 2015, the compact SUV has a new 1.5-liter turbo gasoline engine, a larger digital interface and more body colors, in an effort to lure young drivers looking for their first cars, officials said. SsangYong takes pride in the new gasoline engine, as it was strategically developed to make the Tivoli stronger
June 4, 2019
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KCCI hosts annual photo competition on life, work
The Korea Chamber of Commerce and Industry, the nation’s largest group representing small and large businesses, is hosting an annual photo competition from Monday to Sept. 24. Under the theme of “Businessmen’s Workplace and Life,” panelists will look for photos that capture unexpected scenes at workplaces and people with stories. They expect creative pieces that are high in photographic quality. “Last year, we had a record number of 4,500 applicants, and intere
June 3, 2019
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Construction of world’s first hydrogen station at parliament breaks ground
Hyundai Motor broke ground for a hydrogen refilling station in the middle of the National Assembly complex in Seoul on Thursday, marking the world’s first charging facility for fuel cell electric vehicles to be built at a parliament.It is also the first commercial hydrogen facility to be built in central Seoul, the company said. The project, the first case of the regulatory sandbox, will start operating at the end of August. The hydrogen station will operate from 8 a.m. to 10 p.m. daily. I
May 30, 2019
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[Herald Interview] Regulation, resistance put Korea‘s ability to compete in future mobility in question
LEIPZIG, Germany -- Korea is a leader in information technology, which has led its economic growth for the last decade, but when it comes to mobility services -- often touted as the center of a paradigm shift in the “fourth industrial revolution” -- the country faces uncertainty. “It is clear that the world is going through a paradigm shift from manufacturing to mobility services in connection with development of autonomous driving,” said Lee Jae-ho, director of the digit
May 28, 2019
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BMW Korea teases all-new BMW 1 Series
BMW Korea revealed Tuesday the return of BMW 1-Series that it said will provide customers a smooth ride with ultimate efficiency.The local branch of the German luxury carmaker said it would showcase its third-generation BMW 1-Series at the #NextGen event, to be held in Munich BMW Welt on June 25-27.The premium compact hatchback has undergone a design upgrade as well as technological advances that will enhance user experience, it said.The interior will boast a driver-centered design with more spa
May 28, 2019
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Hyundai Motor delivers Nexo to Malaysia’s energy supplier
Hyundai Motor’s hydrogen fuel cell electric vehicle Nexo has been delivered to a Malaysian public energy company, the automaker said Tuesday, as part of its plan to expand into the Southeast Asian market with its eco-friendly model. According to Hyundai Motor, two Nexo cars have been delivered to Sarawak Energy Berhad, a state-run energy supplier, during the opening ceremony for Southeast Asia’s first hydrogen charging station. The ceremony was attended by officials includ
May 28, 2019
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Mercedes-Benz Korea holds charity marathon, raises W920m
The corporate social responsibility division of Mercedes-Benz Korea held its fourth annual charity marathon Sunday, saying it hoped to promote a spirit of community sharing and cultivate the philanthropic culture here, the company said Monday.Titled “Give ’n Race,” the annual event was jointly organized by the Seoul Metropolitan Government. Around 20,000 runners took part, raising about 920 million won ($776,000) -- the largest amount since the South Korean unit of the German c
May 27, 2019
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Transport ministers forge alliance for connectivity, discuss development gap
LEIPZIG, Germany -- An annual forum of transport ministers around the world wrapped up Friday, strengthening an alliance to create better connectivity for regional prosperity, but leaving questions about developmental imbalance in the sector between advanced and emerging countries.The International Transport Forum, dubbed “the Davos of transport,” brought more than 1,000 government representatives, experts and business leaders from 71 countries to the German city of Leipzig, serving
May 26, 2019