The Korea Herald

Imported car sales fall 3.1% in January as Japanese brands struggle

Feb 5, 2020

Sales of imported cars in South Korea fell 3.1 percent in January from a year earlier due to lower demand for Japanese brands amid trade tensions between Seoul and Tokyo, an industry association said...
Kia to launch entry SUV 'Sonet' in India in H2

Feb 5, 2020

Kia Motors Corp., South Korea's second-largest carmaker by sales, said Wednesday it will launch its entry-level sport utility vehicle Sonet in India later this year. Kia unveiled the Sonet concept a...
[News Focus] Why automakers are affected most from cascade of factory closures in China

Feb 5, 2020

China-made wiring harnesses have been kept in small stocks for efficiency
Renault Samsung Motors seeks competitiveness in customer service

Feb 5, 2020

Renault Samsung Motors is bolstering its customer service capabilities to up its game in the Korean auto market despite aggravated market conditions. The carmaker said Wednesday it has become the fi...
S. Korean airlines halt 57% of China routes on coronavirus

Feb 4, 2020

A deadly new coronavirus has prompted South Korean airlines to suspend more than half of their flight services to China, industry sources said Tuesday. As of Tuesday, industry leader Korean Air Line...
Hanjin family sides with son in sibling power struggle

Feb 4, 2020

As the power struggle between two siblings of Hanjin Group’s controlling family continues ahead of the upcoming shareholders meeting, their mother and sister, who are major stakeholders, said they ba...
CJ Logistics launches new headquarters for North America

Feb 4, 2020

CJ Logistics, a major South Korean logistics firm, said Tuesday it had launched CJ Logistics America -- a joint operating company of its subsidiaries in the United States and Canada -- and DSC Logist...
Local automakers face difficulties sourcing auto parts from China

Jan 31, 2020

South Korean automakers are struggling to operate manufacturing lines here following difficulties in sourcing components from China due to the suspension of factory operations in the mainland. Accor...
[Newsmaker] Despite doctors’ assurances, public uneasy over use of Wuhan evacuation plane

Jan 31, 2020

After the government flew the first chartered flight using Korean Air’s B747 to Wuhan and brought 368 South Koreans here on Friday morning, the future use of the plane has come under public scrutiny,...
[Photo News] Asiana Airlines sends relief goods to support Wuhan

Jan 31, 2020

Asiana Airlines said Friday that it has sent relief goods including masks and medical products worth 40 million won to support the people in Wuhan, China, as well as authorities’ effort to contain th...
Hyundai Mobis’ 2019 sales, operating profit inch up

Jan 30, 2020

Hyundai Motor Group’s key affiliate Hyundai Mobis said Thursday that its operating profit hit 2.35 trillion won ($1.9 billion) last year, up 16.5 percent year-on-year, according to the auto parts mak...
Korean Air chief to accompany chartered flight to Wuhan

Jan 30, 2020

Hanjin Group Chairman and Korean Air CEO Cho Won-tae will be onboard the chartered flight that the government has arranged to bring back South Korean citizens from Wuhan, China, industry sources said...
Renault executive visits conflict-ridden Busan plant

Jan 29, 2020

A senior executive from Renault Group visited the South Korean unit’s manufacturing plant in Busan on Wednesday, amid deepening labor and management conflict and falling productivity at Renault Samsu...
Hyundai Wia to supply auto parts to global carmakers under W702b deal

Jan 29, 2020

Hyundai Wia said Wednesday that it has clinched a 702 billion won ($596 million) deal with European and US automakers to supply constant-velocity joints (CV joints). Hyundai Motor Group’s automotive...
Aviation, travel industries count cost of coronavirus outbreak

Jan 28, 2020

Duty free operators are also taking measures to prevent the spread of the virus. Lotte Duty Free created an emergency team on Friday and has ordered a set of response measures to be carried out by i...