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Business
Renault Samsung launches revamped QM6 with new design
Nov 6, 2020
“Since the first launch in 2016, QM6 has numerous records in various categories as a bestselling SUV model,” a Renault Samsung Motors official said. “With the new QM6 which has added a new design to...
GM Korea puts off investment in Bupyeong plant due to wage strike
Nov 6, 2020
GM Korea said Friday it would put off a plan to invest in its Bupyeong plant, which was scheduled for the production of next-generation global products, as workers’ strike continued. GM Korea offere...
GM Korea workers wage strike despite pandemic
Nov 5, 2020
While the automobile industry continues to face difficulties amid the pandemic, GM Korea’s labor union has decided to stage another three-day partial strike in protest against the management over wag...
Budget carrier Jeju Air expected to receive W190b in state support
Nov 5, 2020
Jeju Air, South Korea's top low-cost carrier, is expected to receive some 190 billion won ($169 million) in state financial support, as the company seeks to overcome a pandemic-caused cash crunch, so...
Korean Air Q3 losses deepen on virus impact
Nov 5, 2020
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 milli...
Renault Samsung sponsors ECCK’s fundraising race contest with Twizy
Nov 4, 2020
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....
Hyundai’s US retail sales up 10% in October
Nov 4, 2020
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 Moto...
Hankook Tire supplies tires for Audi RS models
Nov 4, 2020
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...
Chung meets union, urges cooperation in crisis
Nov 3, 2020
Chung faces task of stabilizing labor-management relation, reorganizing governance structure
Jin Air becomes first South Korean budget airline to deliver cargo to US
Nov 2, 2020
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 ...
Luc Donckerwolke appointed as chief creative officer at Hyundai Motor
Nov 2, 2020
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 ...
Han Sung Motor opens digital showroom to promote Mercedes-Benz cars
Nov 2, 2020
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 ...
Jin Air begins cargo delivery to US amid pandemic
Nov 2, 2020
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 f...
[From the scene] Getting on a ‘flight to nowhere’
Nov 1, 2020
“It’s a struggle for survival,” said Hurr Hee-young, a professor at Korea Aerospace University, explaining that air travel is a derived demand that comes from holidays and work trips. “Flights to no...
Hyundai Mobis strengthens competitiveness of future car software
Nov 1, 2020
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 mo...
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