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Hyundai joins hands with startup Canoo on electric vehiclesFeb 12, 2020South Korean auto giant Hyundai Motor Group said Wednesday it has signed a deal with US electric vehicle startup Canoo to develop an electric vehicle platform for its upcoming models. Hyundai said i... -
GM Korea to partially halt assembly line over parts shortagesFeb 12, 2020GM Korea Co., the South Korean unit of General Motors Co., said Wednesday that it will temporarily suspend one of three domestic car assembly plants due to shortages of Chinese parts amid the spreadi... -
Jeju Air logs operating loss in 2019Feb 11, 2020Jeju Air, the country’s largest low-cost carrier by sales, said it recorded 1.38 trillion won ($1.1 billion) in sales last year, along with 32.9 billion won in operating loss and 34.1 billion won of ... -
Hyundai Motor, US Energy Department join hands for hydrogen fuel cell techFeb 11, 2020Hyundai Motor Group said Tuesday it has joined hands with the US Department of Energy to expand the use of hydrogen fuel cell technology globally and innovate further. The company said it has signed... -
Carmakers partially restart production following resumption in ChinaFeb 11, 2020Carmakers in South Korea said Tuesday they have partially resumed vehicle production that was halted due to parts shortages caused by the new coronavirus outbreak, on resumed supply of parts from Chi... -
Hyundai Motor, Kia Motors plants to resume operation from TuesdayFeb 10, 2020Manufacturing plants of the country’s two largest automakers, Hyundai Motor and Kia Motors, which had been suspended due to disruption of parts supplies will resume operation from Tuesday, industry s... -
Hyundai Motor heir meets US governors, discusses future of hydrogen, mobilityFeb 9, 2020Hyundai Motor Group said Sunday its Executive Vice Chairman Chung Euisun met with state governors in the US during a summit where he exchanged his thoughts on the future of hydrogen economy and mobil... -
SsangYong suffers biggest operating loss in decade since 2009Feb 7, 2020SsangYong Motors’ balance sheet went from bad to worse in 2019, due to a sharp fall in exports. The automaker said Friday its operating losses skyrocketed to 281.9 billion won ($237.4 million), a wh... -
Hyundai Motor Group Chairman Chung Mong-koo inducted into Automotive Hall of FameFeb 7, 2020Hyundai Motor Group Chairman Chung Mong-koo will be the first Korean to be inducted into the Automotive Hall of Fame, the automaker said Thursday. The 2020 induction ceremony will be held in Detroit... -
Hyundai suspends all assembly lines over parts shortagesFeb 7, 2020Hyundai Motor Co., South Korea's biggest carmaker by sales, on Friday suspended all of its domestic car assembly plants due to a lack of parts from China amid the spreading coronavirus outbreak, with... -
Hyundai to inject W1tr to support auto parts makers amid virus crisisFeb 6, 2020Hyundai Motor Group said Thursday it has decided to urgently inject 1 trillion won ($847 million) of capital into local small and midsized auto parts makers struggling amid low demand from automakers... -
Korean airlines suspend 60% of flights to ChinaFeb 6, 2020Fears of the new coronavirus have prompted South Korean air carriers to suspend more than 60 percent of their flights to China as of Thursday, according to industry sources. A total of 58 of the 94 ... -
Boycott cuts Japanese car imports to S. Korea by halfFeb 6, 2020Japanese car imports to South Korea halved in the fourth quarter last year as the boycott of Japanese products in the country continued, latest data showed Thursday. The value of imported Japanese c... -
Korean Air to sell assets to regain financial healthFeb 6, 2020Korean Air Lines Co., South Korea's biggest airline and national flag carrier, said Thursday it will sell property and non-core assets to improve its financial status. Korean Air plans to sell its i... -
Virus-caused supply chain disruptions to affect Hyundai: S&PFeb 6, 2020Supply chain disruptions in China caused by the new coronavirus outbreak will likely hurt the first-quarter performance at Hyundai Motor Co. and Kia Motors Corp., S&P Global Ratings Services has said...
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01S. Korea to begin new school year with online classes
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