Most Popular
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Yoon’s jailed mother-in-law excluded from latest parole list
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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Korea’s homegrown nanosatellite successfully launches into space
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Nicaragua shuts down Seoul embassy
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SK hynix pledges W20tr to ramp up DRAM production at home
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SNU profs to suspend treatment for one day
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Hybe's multilabel system tested amid conflict with Ador
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Korean Air Q3 losses deepen on virus impact
Korean Air Lines, South Korea's biggest carrier, said Thursday its net losses widened in the third quarter from a year earlier amid the pandemic. Net losses widened to 385.93 billion won ($343 million) in the three months that ended in September from 211.85 billion won in the same period of last year, the company said in a statement. Korean Air has suspended most of its flights on international routes since March as travel demand dried up amid virus fears. Flights to Tokyo, Frankfurt, Paris
Nov. 5, 2020
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Renault Samsung sponsors ECCK’s fundraising race contest with Twizy
Renault Samsung Motors said Wednesday it had started a race contest with the European Chamber of Commerce in Korea involving its electric vehicle Twizy, to encourage donations from ECCK member firms. The automaker said it is participating in the event hosted by the ECCK, as the main sponsor to provide five units of its ultracompact model, Twizy. For the four-day event, the five Twizy cars departed from Seoul and will stop at Daejeon and Daegu before arriving in Busan on Friday. The fundrai
Nov. 4, 2020
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Hyundai’s US retail sales up 10% in October
Hyundai Motor and Kia Motors saw their retail sales rise in the US market last month, according to the automaker’s US units Wednesday. In the performance data released on the website of Hyundai Motor America, total sales in October recorded 57,395 units, up one percent from the same month last year. Retail sales reached 52,117 units, up 10 percent year-on-year. HMA said sales of sport utility vehicles, which accounted for 68 percent of total retail sales, increased 23 percent. Sales vo
Nov. 4, 2020
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Hankook Tire supplies tires for Audi RS models
Hankook Tire & Technology Co., the world's seventh-largest tiremaker by sales, said Wednesday it has been supplying tires for Audi RS models this year. Hankook Tire has supplied the high-performance Ventus S1 evo 3 and Winter i*cept evo2 tires for Audi's RS 7 Sportback sedan and RS6 Avante wagon since early this year, the company said in a statement. The company didn't provide an exact time frame for the supply deal or the value of the deal. The tiremaker has supplied original equipment
Nov. 4, 2020
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Chung meets union, urges cooperation in crisis
Hyundai Motor Group Chairman Chung Euisun met with the labor union for the first time since taking office. With both labor and management under new leadership, the automaker, which has long struggled with its militant union, now sees hope of stabilizing the relationship for the first time in 11 years. Chung had a lunch meeting on Friday with Lee Sang-soo, head of the labor union, after President Moon Jae-in’s visits to Hyundai’s Ulsan production plants the same day, according to
Nov. 3, 2020
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Jin Air becomes first South Korean budget airline to deliver cargo to US
Budget airline Jin Air said Monday that it has begun flying cargo to the United States as part of efforts to survive the COVID-19 pandemic. Though major South Korean airlines have resorted to cargo services to offset the impact of the virus in recent months, the sister airline of Korean Air is the first low-cost carrier in the country to deliver cargo to the US. On Sunday, Jin Air flew its B777-200ER passenger jet from Incheon to Los Angeles, carrying 23 tons of displays and other electronic
Nov. 2, 2020
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Luc Donckerwolke appointed as chief creative officer at Hyundai Motor
Hyundai Motor Group said Monday it has appointed Luc Donckerwolke to chief creative officer in charge of design-related communications for the Genesis brand, electric vehicle Ioniq and its fuel cell vehicles. Donckerwolke originally joined the South Korean automotive group in 2016, gradually overseeing design for Hyundai, Kia and Genesis brands as the chief design officer before resigning in March to focus on his health. He is returning to the group following temporary time away in which he t
Nov. 2, 2020
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Han Sung Motor opens digital showroom to promote Mercedes-Benz cars
In the era of the “fourth industrial revolution,” digitalization is inevitable for businesses. In this vein, Han Sung Motor, an official Mercedes-Benz dealer, is presenting a digital pop-up store to promote the German-brand and its vision for digitalizing the automobile industry. On Friday, the auto dealer held a three-day showroom, dubbed Han Sung Digital Park in Coex, Seoul. There, the auto dealer displayed Mercedes-Benz EQC 400, the first electric vehicle for the automaker, and
Nov. 2, 2020
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Jin Air begins cargo delivery to US amid pandemic
Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Monday it has begun transporting cargo to the United States to survive the coronavirus pandemic. Jin Air has become the country's first low-cost carrier to deliver cargo to the US. Jin Air delivered 23 tons of displays and other high-end electronics on its B777-200ER passenger jet from Incheon to Los Angeles on Sunday, the company said in a statement. "The company is planning to deliver more value-added cargo to the US a
Nov. 2, 2020
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[From the scene] Getting on a ‘flight to nowhere’
On a Saturday morning in October, an Asiana Airlines flight carrying 250 passengers took off at Incheon Airport in the midst of a pandemic. The destination? Nowhere, although it flew over Gangneung, Pohang, Gimhae and Jeju Island during the nearly two-hour flight. As odd as it may sound to those who dread the idea of going to the airport, the destination-less flights, or “flights to nowhere” have become a hit of some sort with avid flyers in 2020 -- a year when commercial flying ha
Nov. 1, 2020
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Hyundai Mobis strengthens competitiveness of future car software
Since 2018, Hyundai Mobis has been operating the “Mobis Software Academy” that allows employees and researchers to complete specialized software training at a technical institute in Yongin City, a move to reinforce the firm’s software development capabilities. The biggest feature of the academy is to focus on convergence software processes specialized for autonomous driving, such as sensors and technologies for the vehicles’ “cognition,” “judgment,&ldq
Nov. 1, 2020
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President Moon pledges W20tr investment in future mobility, tours Hyundai’s Ulsan plant
President Moon Jae-in visited Hyundai Motor’s Ulsan plant on Friday for a tour of its future automobile production sites and reaffirmed the government’s strong willingness to foster eco-friendly future cars, officials said. Moon was accompanied by Hyundai Motor Group Chairman Chung Euisun, Deputy Prime Minister Hong Nam-ki and the ministers of industry, environment and transportation. At the production sites, Moon reaffirmed the government’s plans to invest more than 20
Oct. 30, 2020
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Genesis unveils design for new SUV GV70
Hyundai Motor‘s premium brand Genesis revealed the design for its new luxury midsize SUV GV70 on Thursday, which is scheduled to hit the market later this year. With the model’s name inspired by the initials of the brand Genesis and its “versatility,” the carmaker said the mid-size SUV was built with an elegant finish and a dynamic design -- the brand’s design philosophy known as “athletic elegance” -- which will differentiate itself from its rivals.
Oct. 29, 2020
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Volkswagen Korea aims to ‘democratize’ imported car market
Volkswagen Korea aims to “democratize” the imported vehicle market here with a robust lineup of eight models, the company said Thursday. Reiterating the goal the company announced in 2018, the automaker said it aimed to expand its vehicle portfolio in South Korea and offer them at reasonable prices to compete with Korean brand automobiles. With its popular sports utility vehicle Tiguan in lead, the automaker said its sales tripled in the first three quarters this year, compared
Oct. 29, 2020
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Hyundai unveils design of Genesis GV70 SUV
Hyundai Motor Co. on Thursday unveiled the design of the GV70 SUV under its independent Genesis brand as it strives to gain a share in the high-end vehicle market. The midsized GV70 is the second SUV model with the Genesis badge following the launch of the GV80 SUV in January. Hyundai applied its "athletic elegance" design language to the GV70 following the similar aesthetic of the GV80 SUV and G80 sedan. The GV70 comes with Signature Genesis design elements that include a deep cr
Oct. 29, 2020
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FCA Korea releases limited All-New Wrangler Willys edition
Fiat Chrysler Automobiles Korea said Wednesday that it is releasing the All-New Wrangler Willys edition, presenting just 100 units here. According to the company, the All-New Wrangler Willys edition was inspired by the Willys Overland CJ-3A -- the “father” of modern recreational vehicles, which was introduced around the end of 1948. The four-door off-roader has a hood that displays a decal exclusive to the Willys and a black seven-slot grille that hints at the original Willys, t
Oct. 29, 2020
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ETAS Korea partners with KPMG on automobile security business
ETAS Korea said Tuesday it has agreed to cooperate with KPMG Samjong Accounting on automobile security business. In June 2020, the UNECE’s World Forum for Harmonization of Vehicle Regulations recently adopted a regulation on cyber security to mandate automakers and auto part producers to put in place a system to tackle security risks prior to putting vehicles on the market. UNECE stands for United Nations Economic Commission for Europe. Accordingly, all new cars to be registered in Eu
Oct. 27, 2020
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[Photo News] BMW Driving Center celebrates 1 million visitors
BMW Korea said Monday its BMW Driving Center in Yeongjongdo, Incheon celebrated an accumulated 1 million visitors, since opening in August 2014. The BMW Driving Center offers various hands-on programs, such as test-drives on its 2.6-kilometer driving track and education courses for children. The center in Yeongjongdo is the company‘s first to be built in Asia and the third in the world, after Germany and the US, the company said. Written by Jo He-rim (herim@heraldcorp.com)
Oct. 26, 2020
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Budget carrier Jeju Air seen to get state support
Jeju Air Co., South Korea's top low-cost carrier, will likely receive state financial support in a bid to help overcome a coronavirus-caused cash crunch, sources said Monday. In May, South Korea launched a 40 trillion-won ($35.4 billion) fund to provide financial aid to the country's backbone industries, including the airline service sector, amid the economic fallout of the coronavirus pandemic. According to the sources, the operational council of the Key Industry Stabilization Fund is slated
Oct. 26, 2020
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Jeju Air joins rivals' push for plane conversion for cargo
Jeju Air Co., South Korea's biggest low-cost carrier, said Thursday it will carry cargo using a passenger jet to offset a sharp decline in air travel demand amid the coronavirus pandemic. Jeju Air plans to deploy a B737-800 passenger jet to deliver cargo from Incheon to Bangkok from late Thursday, the company said in a statement. "The company is considering expanding cargo delivery using passenger jets to other countries depending on market conditions," the statement said. Budget c
Oct. 22, 2020