Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Hybe's multilabel system tested amid conflict with Ador
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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[Herald Interview] MAN Truck chief attributes 680% growth to customer focus policies
MAN Truck & Bus Korea, the local distributor of the German automaker, recently opened its new headquarters and service center in Yongin, Gyeonggi Province, in a $10 million investment looking to expand its presence in the domestic market. In 2016, MAN sales in Korea jumped 36 percent from the previous year, the best performance in the world truck market last year, according to the company. MAN sold 1,545 units last year, the highest number of units since the company entered the Korean market. In
April 2, 2017
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Hyundai i30 rated 2nd best car in compact segment in Germany
A leading German car magazine recently tapped Hyundai Motor Co.‘s i30 hatchback as the second-best car in the compact passenger vehicle segment based on its economy and environmental impact, sources said Sunday.Auto Zeitung, a highly respected auto magazine, compared the Hyundai i30 to similar offerings from Volkswagen (VW), Audi, BMW, Mercedes-Benz, Opel, Ford, Renault and Peugeot. (Yonhap)It said the i30 only trailed VW’s very popular Golf in overall points.The Hyundai i30 received 3,040 point
April 2, 2017
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Hyundai Mobis to develop highway self-driving tech by 2020
South Korea‘s top automotive parts supplier Hyundai Mobis Co. said Sunday it will develop technologies for highway driving capable autonomous cars by 2020, with an aim to commercialize them two years later.The company plans to develop the autonomous driving technologies mainly to help two affiliates -- Hyundai Motor Co. and Kia Motors Corp. -- add next-generation smart cars to their lineups, it said in a statement. (Yonhap)“We will ramp up our efforts to develop the Highway Driving Assist (HDA)
April 2, 2017
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Hyundai Motor Group's R&D spending up 8% to W4tr in 2016
Hyundai Motor Group's spending on research and development increased 8 percent in 2016 to some 4 trillion won ($3.58 billion), with the number of its patents exceeding 30,000 last year, data showed Sunday.According to annual business reports from Hyundai Motor Co. and Kia Motors Corp., their combined R&D spending reached 3.99 trillion won last year, up 8.2 percent from a year earlier. (Yonhap)The R&D spending growth is faster than its sales growth of 3.5 percent posted last year. Hyundai spent 2
April 2, 2017
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[Herald Interview] Bolt EV chief engineer talks creation of game-changing EV
Offering a reasonably priced electric vehicle with a driving range that is more than double compared to some of its competitors, GM’s latest Bolt EV is looking to open a new era of market share for electric cars, both domestically and worldwide. The compact vehicle was introduced to local consumers for the first time at the 2017 Seoul Motor Show, where GM Korea CEO James Kim referred to the Bolt EV as a “game changer.” The new Bolt EV has a driving range of 383 kilometers on a single charge, the
March 31, 2017
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Mercedes-Benz, Maserati, Peugeot ordered to recall faulty parts
Mercedes-Benz, Maserati and Peugeot have been ordered to recall faulty parts in some of their models, South Korea's transport ministry said Friday. This is part of a broader recall order recently delivered by the Ministry of Land, Infrastructure and Transport in the South Korean automobile market. (Yonhap)Local customers increasingly choose imported brands over homegrown ones, such as Hyundai Motor Co. and Kia Motors Corp., due to declining prices and difference in performance and quality.Merced
March 31, 2017
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[Seoul Motor Show] SsangYong’s G4 Rexton makes world debut
SsangYong Motor unveiled the G4 Rexton in a world premiere on the eve of the Seoul Motor Show on Thursday, seeking to expand its presence in the fast-growing market for sport utility vehicles.Previously referred to as the Y400, the South Korean carmaker owned by Mumbai-based Mahindra Group named the large SUV the G4 Rexton to highlight four main aspects. The G4 is meant to represent the “Great 4 Revolution” in driving, safety, style and high technology, the carmaker said.“Ssangyong is in the pha
March 30, 2017
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[Seoul Motor Show] Future cars take center stage at Korea’s largest motor show
An auto extravaganza kicks off Friday in Goyang, northwest of Seoul, offering a glimpse into various features of future cars that will change not only the traffic landscape but also urban lifestyles. Under the slogan “Design the future, enjoy the moment,” the Seoul Motor Show has invited 27 car brands from around the world to Kintex. Nearly 300 vehicles, including two world and 42 Korea premieres, will be displayed at the event's 11th outing. (Seoul Motor Show)The show is the only Korean event r
March 30, 2017
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[Seoul Motor Show] Seoul Motor Show highlights
With 27 participating car brands from around the world, the 11th Seoul Motor Show opening Friday in Kintex, Goyang, is abuzz with new features, designs and technologies geared toward enhanced performance while still being eco-friendly. Here is a brief rundown of the featured automobiles by type. 1. Hydrogen fuel-cell vehiclesHyundai FE Fuel Cell Concept The country’s leading automaker, Hyundai Motor, introduced its Future Eco fuel-cell electric vehicle concept for the first time in Asia. The FE
March 30, 2017
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[Seoul Motor Show] BMW highlights speed, luxury and energy efficient vehicles
BMW Group Korea unveiled the new M760Li xDrive, the fastest model in the company’s flagship 7 Series, and showcased the power of its trademark M Performance driving system at the 2017 Seoul Motor Show on Thursday. For the first time in Korea, the German carmaker exhibited the M760Li xDrive’s V12 M Performance twin-turbo power adder engine, which can reach speeds of up to 304 kph. Delivering up to 602 horsepower, the new luxury sedan can reach 100 kph in 3.7 seconds. The engine time is half a s
March 30, 2017
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[Seoul Motor Show] Toyota takes hybrid to next level
Among Toyota’s ambitious lineup for the Seoul Motor Show that is set to kick off Friday, much attention is being geared toward the Korean premiere of the LC500h and Prius Prime.Prius Prime is a plug-in hybrid version of Prius that has drawn Toyota’s hybrid technology and style up to a new level. Prius Prime (Toyota Korea)The model, which had its world premiere at the New York Motor Show last year, is praised for having around a 60 percent better fuel efficiency than the hybrid version. The exter
March 30, 2017
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Korea sets up 100 super charging stations EVs in Q1
South Korea has set up 100 hundred super charging stations for electric vehicles in the firs three months of the year as part of the government-led efforts to expand overall infrastructure for green cars, the energy ministry said Thursday.The total numbers built this year alone is equal to all super charging stations in the country at present, and up from zero in the first quarter of last year, according to the Ministry of Trade, Industry and Energy. This photo, provided by Hyundai Motor Co., sh
March 30, 2017
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Global auto-parts makers to promote products at Seoul Motor Show
Global auto parts companies will participate in the Seoul Motor Show to promote their products and expand business ties with their South Korean counterparts, the exhibition's organizing committee said Wednesday.Auto parts makers from Germany, Mexico, Columbia, Israel and the Czech Republic will join the biennial motor show in a bid to supply their products to South Korean carmakers, the Organizing Committee for Seoul Motor Show said in a statement. In this photo taken during the Seoul Motor Show
March 29, 2017
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Hyundai considers debuting Genesis sedan in China next year
Hyundai Motor Co., a South Korean automaker, said Wednesday it is considering launching its luxury Genesis sedan in China next year to gain a bigger share in the world's largest auto market. "We have recently set up a task force team under our Chinese operations to push forward the launching plan. The team will conduct a local market survey and look into local regulations in advance," a company spokesman said. (Yonhap)Hyundai Motor has launched the premium sedan, which carries an independent nam
March 29, 2017
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MAN Truck & Bus Korea opens new headquarters in Yongin
MAN Truck & Bus Korea, the local distributor of the German automaker, has opened its new headquarters in Yongin, Gyeonggi Province, in the company’s 16th year joining the market here. The auto manufacturer invested $10 million to build its new Korean headquarters and service center, looking to expand its local presence and its line of commercial trucks and buses in the domestic market. “It’s (the headquarters) not just a new building,” says Max Burger, president of MAN Truck & Bus Korea, durin
March 28, 2017
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SsangYong confirms Mahindra chairman’s Seoul Motor Show attendance
Anand Mahindra, chairman of Mahindra Group, which owns SsangYong Motor, will be attending the upcoming Seoul Motor Show, the local automaker confirmed Monday. Mahindra is slated to unveil the world premiere of SsangYong Motor’s new premium sport utility vehicle, the G4 Rexton, at this year’s Seoul Motor Show during the event’s press day Thursday. The motor show will officially open to the public Friday. The new G4 Rexton SUV (SsangYong Motor)The vehicle was previously referred to by its code n
March 28, 2017
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Hyundai adopts more safety features to woo customers
South Korea's top carmaker Hyundai Motor Co. said Tuesday it has added more active safety features to its latest models to lure customers keen to drive safer vehicles.The move is part of Hyundai's efforts to grow in the rapidly evolving and highly competitive auto market where not only safer cars but those equipped with self-driving artificial intelligence systems are expected to become more commonplace moving forward. Hyundai Motor's all-new Grandeur sedan with a 3.3-liter gasoline engine (Yonh
March 28, 2017
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Kia to launch new Stinger in May
The new Kia Stinger sports sedan (Yonhap)Kia Motors’ new high-performance sports vehicle Stinger is expected to be launched in Korea this May, according to industry insiders Monday. Following its world premiere at the 2017 North American International Auto Show in Detroit in January and its European premiere at the Geneva Motor Show in Switzerland in March, the Stringer will be getting is local debut at the Seoul Motor Show, which will open to the public starting Friday. Kia Motors also plans
March 27, 2017
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SsangYong announces Y400 SUV to be named G4 Rexton
Exterior view of the new SsangYong G4 Rexton SUV, formerly known as the Y400 (SsangYong Motor)SsangYong Motor announced on Monday that the name of its upcoming premium SUV, which was previously referred as the Y400, is the G4 Rexton. According to SsangYong, the name “G4” is meant to represent the meaning “Great 4 Revolution.” The name is intended to highlight the SUV’s four main quality aspects: driving, safety, style and high-tech. The company also revealed images of the exterior and interior
March 27, 2017
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Renault Samsung to export QM6 SUVs to Europe
Renault Samsung Motors Co. said Monday it aims to sell about 40,000 in overseas markets by the end of this year as it has begun to ship its flagship SUV to Europe. Renault Samsung said it has started the shipment of the QM6 SUVs (sold as Renault Koleos outside of South Korea) initially to western Europe, the company said in a statement. In this photo taken on Dec. 22, 2016, and provided by Renault Samsung Motors Co., a QM6 SUV travels along a unidentified road in South Korea. (Yonhap)The compan
March 27, 2017