The Korea Herald

Mercedes-Benz Korea launches S 560 e for diversified hybrid sedan choices

Dec 29, 2019

Mercedes-Benz said Sunday its luxury flagship sedan the new Mercedes-Benz S 560 e has landed in South Korea, as part of the efforts to diversify its plug-in hybrid sedan lineup here. The German auto...
[News Focus] With Asiana officially under HDC, financial improvement emerges as top priority

Dec 29, 2019

Air carrier’s huge debt and unstable cash flow still heavy burden for midsized construction firm
BMW Korea wins lawsuit against government's emission-related fine

Dec 28, 2019

BMW Korea has virtually won a lawsuit against the over 60 billion-won (US$51.7) fine imposed by the government over the auto company's gas emission verification, sources said Saturday. In September,...
HDC inks deal to acquire Asiana Airlines

Dec 27, 2019

HDC Hyundai Development Co., a midsized construction company, signed a deal on Friday to acquire Asiana Airlines Inc. as the South Korean builder strives to diversify its business portfolio. In thei...
Hyundai’s mobility service venture Mocean Lab teams up with car rental association

Dec 26, 2019

Hyundai Motor Group said Thursday its affiliate Mocean Lab has joined hands with the country’s car rental business association to develop a mobility service ecosystem in the rental car market. The m...
[Newsmaker] Wi-Fi use latest hot spot of tension at Hyundai Motor

Dec 24, 2019

The latest bone of contention between the labor union and management at Hyundai Motor was unforeseen in a country that boasts one of the highest internet penetration rates -- Wi-Fi use. On Tuesday, ...
Hyundai's upgraded Grandeur gets more than 50,000 preorders in S. Korea

Dec 23, 2019

Hyundai Motor Co., South Korea's top automaker, said Monday its face-lifted Grandeur sedan has received more than 50,000 preorders in just over a month since the vehicle's launch at home. Hyundai sa...
Mahindra chief set to retire amid talks on fate of SsangYong Motor

Dec 22, 2019

Indian automaker is reportedly working on W230b fund injection for ailing local unit
Hyundai Motor to present new mobility road map at CES 2020

Dec 20, 2019

Auto giant reveals teaser image for mobility vision
Kia workers strike for higher wages

Dec 18, 2019

Unionized workers at Kia Motors Corp. on Wednesday began a partial strike for higher wages after rejecting the company's proposals last week. Kia's union said they held a four-hour strike on Wednesd...
Han Sung Motor sells artistic goods at Seoul Design Festival for donation

Dec 18, 2019

Han Sung Motor, an official local dealer of Mercedes-Benz in Korea, said it had sold artistic goods at its booth at the 2019 Seoul Design Festival to help children in need. The five-day annual event...
Naver Financial attracts W800b investment from Mirae Asset

Dec 13, 2019

Naver Financial, a financial platform by South Korean internet giant Naver, has attracted an investment of about 800 billion won ($683 million) from its financial partner Mirae Asset, the company sai...
Hyundai Motor jumps into Indonesian ride-hailing market

Dec 13, 2019

Hyundai Motor said Friday it has delivered the first batch of 20 Ioniq EVs to Indonesia, entering the ride-hailing market in the Southeast Asian country in partnership with Grab. The South Korean ca...
K5 preorders set new record for Kia

Dec 12, 2019

The number of all-new K5 preorders has set a fresh record of more than 16,000 units sold in just three weeks, Kia Motors said Thursday as it launched the third-generation of the popular sedan officia...
Renault Samsung workers overturn wage deal, set for another strike

Dec 11, 2019

Overturning a wage deal clinched in June, unionized workers at Renault Samsung have voted to hold a sit-in protest, according to members of the union Wednesday, although the automaker said it would c...