Hyundai unveils new, sleek Grandeur
[ THE INVESTOR ] South Korea’s largest carmaker Hyundai Motor on Tuesday unveiled the much-awaited sixth generation of the Grandeur. During a media preview event in Seoul, Hyundai designer Koo ...
Oct 25, 2016
Hyundai Motor stresses defect free engine in new sedan
[ THE INVESTOR ] Hyundai Motor on Oct. 25 stressed that there will be no problems with the Theta II engine fitted in the latest version of the Grandeur sedan. The Theta II engine produced in the...
Hyundai Avante ranks No. 4 globally in 2015
[ THE INVESTOR ] Hyundai Motor ’s flagship compact sedan Avante became the fourth best-selling car among 1,382 models in 2015, selling 913,152 units globally, industry data showed on Oct. 24. To...
Oct 24, 2016
Hyundai recalls Sonata in US, Korea over sunroof issue
[ THE INVESTOR ] Hyundai Motor will recall midsized Sonata sedans fitted with panorama sunroofs in South Korea and the US. According to reports, Hyundai has begun the recall of 2015 and 2016 Sonat...
Oct 21, 2016
Kia to roll out first sports coupe
[ THE INVESTOR ] Kia Motors’ first sports car is to be named K8, and will hit the roads during the first half of next year. According to reports, Kia Motors has registered a number of names incl...
GM to unveil Bolt EV in Korea for first time
[ THE INVESTOR ] GM Korea will display the Bolt EV, an electric subcompact car, for the first time at the Korea Electronics Show that kicks off on Oct. 26 in Seoul, the company said on Oct. 20. Th...
Oct 20, 2016
Hyundai Motor wins class action lawsuit on gas mileage
[ THE INVESTOR ] Hyundai Motor on Oct. 20 won a class action lawsuite filed by a group of 1,890 consumers over the alleged exaggeration of the gas mileage of an SUV model. The Seoul Central Dist...
Ssangyong Motor upbeat on best sales since 2002
[ THE INVESTOR ] Ssangyong Motor , the Korean unit of Indian auto giant Mahindra & Mahindra, said on Oct. 19 that it has sold 111,683 vehicles in the first nine months of this year, the best sale...
Oct 19, 2016
S. Korea mulling eco-friendly car supply quota
[ THE INVESTOR ] The government may introduce an eco-friendly car supply quota to increase the number of electric cars on the road. “As electric car supply is low, there is a need to review manda...
Mercedes-Benz, Ford seek global partners in Korea
[ THE INVESTOR ] Officials from Mercedes-Benz and Ford have come to South Korea to examine the latest technology and auto parts, a local trade agency said on Oct. 19. Nine officials from Mercedes...
Kumho Tire sale attracts foreign tire makers
[ THE INVESTOR ] The bid to take controlling stake in Kumho Tire could go down to a competition between non-Korean entities. The firm’s creditors are currently looking to sell their 42 percent s...
Hyundai, Kia to increase market share with new vehicle models
[ THE INVESTOR ] Hyundai Motor and its affiliate Kia Motors aim to boost their combined market share by launching a series of new vehicle models starting November, company officials said on Oct...
Mercedes-Benz to recall over 1,100 cars in Korea
[ THE INVESTOR ] Mercedes-Benz will recall over 1,100 cars sold in South Korea for transmission-related problems, while global automaker Volvo will recall over 800 cars for waste water from air co...
Hankook Tire plays down speculation on acquisition of Kumho Tire
[ THE INVESTOR ] Hankook Tire on Tuesday unveiled its new research and development facility in Daejoen, signaling the launch of the company’s drive to boost technological leadership in the indust...
Oct 18, 2016
[EQUITIES]Hyundai Wia to post Q3 earnings below market estimates: analyst
[ THE INVESTOR ] HMC Investment Securities on Oct. 18 projected Hyundai Wia , the automotive parts unit of Hyundai Motor Group, will post earnings below market consensus in the third quarter. Hy...
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