Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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[KH Explains] No more 'Michael' at Kakao Games
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Rapper jailed after public street fight with another rapper
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Med schools expect 1,500+ new admission slots next year
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KT launches new mobile plans for foreign residents
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Hyundai to provide 1,200 hybrid cabs to Singapore
South Korean auto giant Hyundai Motor has signed a contract to provide up to 1,200 Ioniq hybrid cars to a Singaporean taxi operator, the company said Thursday.The contract states that Hyundai will provide Ioniq hybrids to Comfort Delgro, a Singaporean logistics company, by the first half of 2019. Ioniq hybrid taxi (Hyundai Motor)Starting with the taxi-version of Hyundai’s sedan Sonata, the carmaker has been providing vehicles for Comfort Delgro since 2007. So far, the carmaker has sold about 24,
July 26, 2018
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Hyundai Motor H1 profit dives
Despite improved sales of sport utility vehicles, Hyundai Motor’s profit fell 37.1 percent on-year in the first half of this year, due to the strong Korean won and a rise in production cost.The carmaker saw 47.1 trillion won ($42 billion) in sales, a 1.1 percent decrease, and earned 1.63 trillion won in operating profit, the company said in a statement.The worse-than-expected profit came even though the carmaker sold more vehicles than the same period last year. It sold 2.24 million units, a 4.5
July 26, 2018
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BMW Korea to voluntarily recall 42 models after engine fires
BMW Korea, the local importer and distributor of the German luxury carmaker, will voluntarily recall 106,317 units of the 520d sedan and 41 other models due to a faulty exhaust gas recirculation module following a series of BMW engines catching fire, the government said Thursday.This is the first time in any country for BMW to recall vehicles due to flammable exhaust gas recirculation.According to the Ministry of Land, Infrastructure and Transport, fires had been set off due to defective exhaust
July 26, 2018
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Hyundai Motor invests W22.5b in Mesh Korea for last-mile technology
Hyundai Motor has invested 22.5 billion won ($20 million) in Mesh Korea, a logistics service provider that runs the brand Vroong, the company said Wednesday.The decision is a part of efforts to secure a new growth engine, the company said, citing the last-mile logistics technology Mesh Korea has developed. Hyundai plans to apply its autonomous and connected car technologies to Mesh Korea’s delivery vehicles, with an aim to develop unmanned delivery services in the future. Last-mile technology re
July 25, 2018
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Audi Korea to offer 40 percent price cut on A3
Audi Korea plans to offer a roughly 40 percent markdown on its A3 low-emission diesel compact sedan to comply with low-emission vehicle sales regulated under South Korean law, the company said Wednesday.Some 3,000 units of model year 2018 A3 vehicles will be sold between 23.7 million won ($21,000) and 26.1 million won, equivalent to the price range of Hyundai’s Avante compact car. The official price range of the new compact sedan is 39.5 million won to 43.5 million won.“The exact discount rate h
July 25, 2018
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Hyundai Motor sponsors A.S. Roma, Hertha Berlin
Hyundai Motor, South Korea’s largest automotive company, has signed sponsor partnerships with Italian football club A.S. Roma and German football club Hertha Berlin, the company said Tuesday.With the latest two partnerships, Hyundai has become partners with five European football clubs as part of its sports marketing efforts in the region. The auto firm is posting increasing sales in Europe, despite sluggish growth in the US and China. Andrea Crespi (second left), managing director of Hyundai Mo
July 24, 2018
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BMW partners with Paramount for Mission: Impossible sequel
From the 1986 BMW 5 Series to newly launched M5, several of the German carmaker’s signature vehicles are starring in the new “Mission: Impossible” movie, maximizing its image of dynamic performance and design.In latest sequel, “Mission: Impossible -- Fallout,” BMW vehicles are featured as super cars for action hero Ethan Hunt played by Tom Cruise, and his crew. Hollywood star Tom Cruise is seen while filming “Mission: Impossible -- Fallout” on the 1986 BMW 5 Series. (BMW Korea)The BMW M5 that
July 23, 2018
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Hyundai Mobis increases AI use for improved efficiency
Hyundai Mobis, the auto parts making unit of Hyundai Motor Group, has implemented artificial intelligence to its software screening process and document search system for improved efficiency and accuracy, the company said Sunday.The move came in line with the company’s latest efforts to shift into a software-centered company and to diversify the use of AI in research and development.The AI-based software screening system, dubbed Mobis Artificial Intelligence Software Testing, jointly made with a
July 22, 2018
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[Behind the Wheel] New Jeep Compass apt for adventurous off-road driving
PAJU, Gyeonggi Province -- Fiat Chrysler Automobiles Korea has its sights set on the sport utility vehicle market here, revamping its showrooms to be Jeep-exclusive by next year and completing the lineup with the first fully changed Compass compact SUV released in 10 years.As a model positioned between the Renegade small SUV and Cherokee midsize SUV, the new Compass targets “urban adventurers” looking for a vehicle suitable for the city and rough off-road terrain.On the SUV brand’s unique four-w
July 22, 2018
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S. Korea asks for exemption from US auto tariffs
South Korea's finance minister has called on his US counterpart to have the Asian country exempt from America's planned auto tariffs, the Seoul government said Sunday. Kim Dong-yeon made the request during his meeting with US Secretary of the Treasury Steven Mnuchin in Buenos Aires on Saturday (local time) on the sidelines of the Group of 20 meeting. South Korea`s finance minister Kim Dong-yeon and USSecretary of the Treasury Steven Mnuchin (Yonhap)US President Donald Trump has proposed a 25 p
July 22, 2018
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Management, labor of Hyundai Motor agree to wage deal
South Korean automaker Hyundai Motor Co.'s management and labor on Friday agreed to a tentative wage deal for this year, marking the quickest deal in eight years.Under the agreement, the base wage will increase by 45,000 won ($40), with extra bonuses, according to the company. It also included ways to adjust work shifts to reduce working hours.The company and the union also agreed to make concerted efforts to improve productivity and create a 50 billion-won fund to support subcontractor firms."W
July 21, 2018
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Hyundai Motor unveils Kona Iron Man edition at Comic-Con 2018
Hyundai Motor, South Korea’s leading automaker, unveiled the world’s first soon-to-be mass produced Marvel character-inspired vehicle, the Kona Iron Man edition, in partnership with the New York-based entertainment company, the company said Thursday.Through its partnership with Marvel signed in 2015, Hyundai aims to promote its brand as fun and exciting particularly among younger drivers.Poster of Hyundai’s Kona Iron Man edition jointly made with Marvel (Hyundai Motor)The Iron Man edition of Hyu
July 19, 2018
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Mercedes-Benz Korea releases EV charger with KT
Mercedes-Benz Korea has installed electric vehicle chargers jointly developed with South Korea’s leading mobile carrier KT at its showrooms and services centers nationwide, the company said Thursday.The electric vehicle charger made for Benz’s EQ EV brand vehicles can also be used to charge electric vehicles with a single phase 5-pin socket.This is part of the automaker’s efforts to provide services that cater to local drivers in its fifth-biggest market, and to keep its position as No. 1 import
July 19, 2018
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FCA Korea launches new Compass compact SUV
Fiat Chrysler Automobiles Korea released the new Compass compact sport utility vehicle, eyeing a share of Korea’s expanding imported compact SUV segment, the company said Tuesday.Designed to target urban drivers, the Compass SUV stands between the Jeep Renegade compact SUV and Cherokee midsize SUV. Local drivers will first be introduced to the all-new Compass Longitude 2.4 gasoline model and all-new Compass Longitude Limited 2.4 gasoline trims. Jeep new Compass compact SUV (FCA Korea)Over 260,0
July 17, 2018
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Hyundai, Kia‘s regional reps in Seoul for biannual meeting
Hyundai and Kia Motors, South Korea’s top two automotive companies, will hold their biannual meeting this week with representatives of regional headquarters and overseas branches to discuss the issue regarding a possible US car tariff, alongside ways to bolster sales in the second half of the year, the companies said Tuesday.This week’s meeting is the first since the auto giants established regional headquarters in the US, Europe and India last month as part of Hyundai Motor Group’s strategy to
July 17, 2018
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[From the Scene] Can Hyundai Motor win big on Europe?
MADRID/SEOUL -- On highways connecting major cities in Spain as well as on the narrow, cobbled streets of old towns, Korean cars have become a common sight. From the all-new i30 to Kona, Hyundai Motor’s latest vehicles are easily spotted on the streets of Europe, probably more frequently than in China and the US, the two major markets being targeted by the company. And most of them are new models. Europe had previously taken a back seat in Hyundai’s export plans but this year’s data shows sales
July 17, 2018
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[Behind the Wheel] Hyundai’s Veloster hatchback offers smart drive
Hyundai’s three-door with yellow flames and purple wrapping Veloster hatchback roaming the streets of San Francisco is the ride characters in the Marvel movie titled “Ant-Man and the Wasp” use to save Ant-Man.Setting out to cement its image as a fun and exciting brand, Hyundai has launched the Veloster hatchback this February.The vehicle, with its red, asymmetrical exterior design, is unique and eye catching on first impression. The new Veloster (Hyundai Motor)The three-door hatchback has one ov
July 16, 2018
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[Photo News] Toyota Scholarship
Kim Soung-soo (second row, third from right), chairman of Youth For Understanding Korea, a nonprofit student exchange organization, poses with seven Korean students selected for the 2018 Korea-Japan exchange program sponsored by Toyota Korea. In the back row left from Kim are Nobuyuki Takemura, head of Toyota Korea; Hiroshi Shimbo, first secretary of the Japanese Public Information and Cultural Center; and In Sung-yeon, YFU Korea assistant national director. (YFU Korea)
July 16, 2018
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S. Korea's electric vehicle sales top 10,000 units in H1: report
South Korea's electric vehicles sales surpassed the 10,000-mark for the first time ever in the January-June period on strong demand for such cars as the Ioniq and Bolt, corporate data showed Sunday.Data from local carmakers and the Korea Automobile Importers and Distributors Association said EV sales in the first half of2018 stood at 11,866 units, roughly equal to the total sales tallied for the whole of 2017. Last year, EV sales reached 4,412 in the first six months and the annual figures hit 1
July 15, 2018
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Hyundai Motor temporarily halts factory production due to strikes
Hyundai Motor, South Korea’s No. 1 automotive company, has faced a temporary halt in production at its factories here due to strikes staged by its labor union, the company said Friday.The union held a total six-hour partial strike Thursday, and will stage a 12-hour strike Friday after failing to reach an agreement in wage talks. This is the seventh consecutive year that union members of the automaker have staged strikes.According to the Data Analysis, Retrieval and Transfer System, the temporary
July 13, 2018